INCOME TAXES (Details 1) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Deferred tax liability (hedges)		$ 1,843,409
Deferred tax liability from excess of book basis over tax basis of certain assets including property, plant and equipment	$ 30,009,264	30,081,226
Deferred tax liability	30,009,264	31,924,635
Stock based compensation	(608,442)	(1,205,722)
Alternative minimum tax credit carryforwards	(121,686)	(121,686)
Net operating loss ("NOL") carryforwards	$ (22,481,966)	(15,585,820)
Other deferred tax (asset)		(396,668)
Deferred tax asset	$ (23,212,094)	(17,309,896)
Net deferred tax liability	$ 6,797,170	$ 14,614,739