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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (59,784,399) $ (5,345,363)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and depletion expense 13,270,683 10,281,008
Impairment of oil and natural gas properties 70,925,731 2,802,198
Amortization of right-of-use assets 67,470 11,204
Amortization of loan origination costs 266,318 257,727
Equity income in affiliate (163,554)  
Unit-based compensation 2,107,587 1,770,410
(Gain) loss on commodity derivative instruments, net of settlements (8,978,861) 5,165,884
Changes in operating assets and liabilities:    
Oil, natural gas and NGL receivables 4,913,049 1,294,164
Accounts receivable and other current assets (508,985) (492,900)
Accounts payable (450,579) (692,149)
Other current liabilities (809,594) 776,928
Operating lease liabilities (67,260) (16,779)
Net cash provided by operating activities 20,787,606 15,812,332
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property and equipment (40,596) (335,353)
Purchase of oil and natural gas properties (197,700) (503,079)
Deposits on oil and natural gas properties (9,681,408)  
Investment in affiliate (1,274,900)  
Cash distribution from equity method investee 17,961  
Net cash used in investing activities (11,176,643) (838,432)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from equity offering 73,601,668  
Contributions from Class B unitholders   470,000
Redemption of Class B contributions on converted units (245,678) (9,862)
Issuance costs paid on Series A preferred units   (717,612)
Redemption on Series A preferred units (61,089,600)  
Distributions to common unitholders (11,122,088) (7,798,161)
Distribution to OpCo unitholders (9,616,966) (7,205,737)
Distributions on Series A preferred units (1,925,000) (1,925,000)
Distributions to Class B unitholders (24,807) (18,014)
Borrowings on long-term debt 71,088,125  
Repayments on long-term debt (70,000,000)  
Net cash used in financing activities (9,334,346) (17,204,386)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 276,617 (2,230,486)
CASH AND CASH EQUIVALENTS, beginning of period 14,204,250 15,773,987
CASH AND CASH EQUIVALENTS, end of period 14,480,867 13,543,501
Supplemental cash flow information:    
Cash paid for interest 1,126,666 1,502,161
Non-cash investing and financing activities:    
Right-of-use assets obtained in exchange for operating lease liabilities   609,486
Units issued in exchange for oil and natural gas properties   171,550,000
Non-cash deemed distribution to Series A preferred units 1,151,684 1,544,584
Noncash effect of Series A preferred unit redemption $ 25,847,891  
Distribution to Class B unitholders in accounts payable   23,814
Redemption of Class B contributions on converted units in accounts payable   62,084
Capital expenditures and consideration payable included in accounts payable and other liabilities   $ 35,382