DERIVATIVE INSTRUMENTS (Details) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012	Dec. 31, 2012	Jun. 30, 2013 Commodity price derivative instruments	Dec. 31, 2012 Commodity price derivative instruments	Jul. 31, 2013 Commodity price derivative instruments Crude Oil Jul 2013-Dec 2013, four Swap Not Designated MBbls	Jun. 30, 2013 Commodity price derivative instruments West Texas Intermediate crude oil Jul 2013-Dec 2013, one Swap Not Designated MBbls	Jun. 30, 2013 Commodity price derivative instruments Brent crude oil Jul 2013-Dec 2013, two Swap Not Designated MBbls	Jun. 30, 2013 Commodity price derivative instruments Brent crude oil Jul 2013-Dec 2013, three Swap Not Designated MBbls	Jun. 30, 2013 Commodity price derivative instruments Brent crude oil Jul 2013-Sep 2013 Swap Not Designated MBbls	Jun. 30, 2013 Commodity price derivative instruments Brent crude oil Oct 2013-Dec 2013 Swap Not Designated MBbls	Jun. 30, 2013 Commodity price derivative instruments Brent crude oil Jan 2014 - Jun 2014 Swap Not Designated MBbls	Jun. 30, 2013 Commodity price derivative instruments Brent crude oil Jan 2014-Dec 2014, one Swap Not Designated MBbls	Jun. 30, 2013 Commodity price derivative instruments Brent crude oil Jan 2014-Dec 2014, two Swap Not Designated MBbls	Jun. 30, 2013 Commodity price derivative instruments Henry Hub NYMEX natural gas Jul 2013-Dec 2013, one Swap Not Designated MMBTU	Jun. 30, 2013 Commodity price derivative instruments Henry Hub NYMEX natural gas Jul 2013-Dec 2013, one Collar Not Designated MMBTU	Jun. 30, 2013 Commodity price derivative instruments Henry Hub NYMEX natural gas Jul 2013-Dec 2013, two Collar Not Designated MMBTU	Jun. 30, 2013 Commodity price derivative instruments Henry Hub NYMEX natural gas Jul 2013-Dec 2013, three Collar Not Designated MMBTU	Jun. 30, 2013 Commodity price derivative instruments Henry Hub NYMEX natural gas Jul 2013-Dec 2014, one Collar Not Designated MMBTU	Jun. 30, 2013 Commodity price derivative instruments Henry Hub NYMEX natural gas Jul 2013-Dec 2014, two Collar Not Designated MMBTU	Jun. 30, 2013 Cash flow hedges Designated item	Jun. 30, 2013 Fair value hedges Designated item
DERIVATIVE INSTRUMENTS
Net assets for derivative instruments	$ 2,700,000		$ 2,700,000		$ 2,000,000	$ 2,720,236	$ 1,960,005
Unrealized gains on derivative instruments	2,643,221	3,037,733	760,231	2,512,100
Number of derivative instruments																							0	0
Volume/Month (in Bbls or Mmbtu)								40,000	14	9	6	6	3	2	7.5	6	70,000	75,000	75,000	35,000	42,500	42,500
Price/Unit (in dollars per Bbls or per Mmbtu)								99.00	101.25	109.13	107.10	103.47	102.30	108.07	102.10	106.40	4.02
Floor Price/Unit (in dollars per Bbls or per Mmbtu)																		3.00	3.25	3.75	3.75	3.50
Cap Price/Unit (in dollars per Bbls or per Mmbtu)																		4.25	4.00	4.21	4.60	5.00
Fair value of derivative asset						2,749,946	2,206,705		513,926	444,279	223,175	35,530	18,245	111,523	394,075	622,903	153,979			40,606	120,855	70,850
Fair value of derivative liability						(29,710)	(246,700)											(14,454)	(15,256)
Total net fair value of derivative assets						$ 2,720,236