Oil and Gas Reserves (unaudited) (Details 2) (USD $)	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Capitalized Costs Relating to Oil and Gas Producing Activities
Unproved oil and gas properties	$ 14,016,656	$ 17,799,420
Proved oil and gas properties	662,277,626	592,699,504
Wells and related equipment and facilities	63,775,863	52,915,523
Gross capitalized costs	740,070,145	663,414,447
Less accumulated depreciation, depletion, amortization and impairment	(439,829,372)	(267,614,210)
Net capitalized costs	300,240,773	395,800,237
Cost Incurred, Property Acquisitions:
Proved		1,101,868
Unproved	1,724,053	8,221,361	5,774,043
Development Costs	68,636,057	69,595,880	47,973,323
Exploration Costs	10,139,041	10,199,440	2,000,941
Total	80,499,151	89,118,549	55,748,307
Results of Operations for Oil and Natural Gas Producing Activities
Oil, natural gas and natural gas liquids sales	108,938,208	106,138,430	75,019,664
Production costs	18,055,355	21,001,717	22,030,309
Depreciation, depletion and amortization	58,764,443	56,920,515	45,022,272
Impairment and abandonment of oil and gas properties	117,890,239	14,954,633	22,254,059
Income (loss) before income taxes	(85,771,829)	13,261,565	(14,286,976)
Income tax benefit (expense)	23,502,016	(4,485,385)	5,000,118
Results of operations	(62,269,813)	8,776,180	(9,286,858)
Effects of realized derivative hedging gains excluded from sale	$ 6,965,808	$ 7,497,604	$ 20,912,559