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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (136,574,449) $ (25,710,850)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and depletion expense 25,297,164 22,592,451
Impairment of oil and natural gas properties 136,461,704 30,948,909
Amortization of right-of-use assets 135,959 22,578
Amortization of loan origination costs 532,636 518,149
Equity income in affiliate (167,557)  
Forfeiture of restricted units (106,245)  
Unit-based compensation 4,641,785 3,883,174
(Gain) loss on commodity derivative instruments, net of settlements (2,076,722) 2,562,059
Changes in operating assets and liabilities:    
Oil, natural gas and NGL receivables 7,404,091 3,893,763
Accounts receivable and other current assets (310,909) (325,570)
Accounts payable (17,521) (949,806)
Other current liabilities 460,751 1,736,663
Operating lease liabilities (135,661) (27,006)
Net cash provided by operating activities 35,545,026 39,144,514
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property and equipment (45,096) (406,761)
Purchase of oil and natural gas properties (87,418,135) (998,550)
Investment in affiliate (1,274,900)  
Cash distribution from affiliate 246,411  
Net cash used in investing activities (88,491,720) (1,405,311)
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 (17,357,045) (16,343,460)
Distribution to OpCo unitholders (13,550,966) (16,017,044)
Distribution and accretion on Series A preferred units (2,887,503) (3,850,000)
Distribution on Class B units (47,948) (47,628)
Borrowings on long-term debt 156,588,126  
Repayments on long-term debt (85,000,000)  
Payment of loan origination costs   (88,777)
Restricted units used for tax withholding (6,259) (21,036)
Net cash provided by (used in) financing activities 50,004,795 (36,625,419)
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (2,941,899) 1,113,784
CASH AND CASH EQUIVALENTS, beginning of period 14,204,250 15,773,987
CASH AND CASH EQUIVALENTS, end of period 11,262,351 16,887,771
Supplemental cash flow information:    
Cash paid for interest 2,544,173 2,685,994
Non-cash investing and financing activities:    
Right-of-use assets obtained in exchange for operating lease liabilities   642,522
Units issued in exchange for oil and natural gas properties 28,140,093 171,550,000
Non-cash deemed distribution to Series A preferred units 1,767,149 3,089,168
Non-cash effect of Series A preferred unit redemption $ 25,847,891  
Oil and natural gas property acquisition costs in accounts payable   104,031
Redemption of Class B contributions on converted units in accounts payable   242,084
Capital expenditures and consideration payable included in accounts payable and other liabilities   $ 35,382