COMMODITY DERIVATIVE INSTRUMENTS (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Asset commodity derivatives:
Current assets	$ 3,069,115	$ 6,413,935
Noncurrent assets	1,841,120	3,163,891
Total	4,910,235	9,577,826
Liability commodity derivatives:
Current liabilities	(411,068)	(3,075,398)
Noncurrent liabilities	(770,579)	(1,760,782)
Total	(1,181,647)	(4,836,180)
Total commodity derivative instruments	$ 3,728,588	$ 4,741,646