Liquidity	9 Months Ended
Sep. 30, 2016
Liquidity [Abstract]
Liquidity	Note 2 – Liquidity The accompanying unaudited Consolidated Financial Statements have been prepared assuming the Company will continue as a going concern, which contemplates continuity of operations, realization of assets and the satisfaction of liabilities in the normal course of business for the twelve month period following the date of these Consolidated Financial Statements. On October 3, 2016, Nytis LLC completed an acquisition of producing natural gas wells and natural gas gathering facilities located in the Appalachia Basin. In connection with and concurrently with the closing of the acquisition, the Company entered into a four year $100.0 million senior secured asset-based revolving credit facility with LegacyTexas Bank. The initial borrowing base established under the credit facility is $17.0 million. See Note 6 – Bank Credit Facility and Note 14 – Subsequent Events, for additional information. Based on these events, the Company believes that with the cash flow from Carbon’s expanded asset base, as well as access to undrawn debt capacity under the new credit facility, the Company will have sufficient liquidity to fund normal recurring operating needs, anticipated capital expenditures (other than the potential acquisition of additional oil and natural gas properties) and its contractual obligations.

Note 2 – Liquidity

The accompanying unaudited Consolidated Financial Statements have been prepared assuming the Company will continue as a going concern, which contemplates continuity of operations, realization of assets and the satisfaction of liabilities in the normal course of business for the twelve month period following the date of these Consolidated Financial Statements.

On October 3, 2016, Nytis LLC completed an acquisition of producing natural gas wells and natural gas gathering facilities located in the Appalachia Basin. In connection with and concurrently with the closing of the acquisition, the Company entered into a four year $100.0 million senior secured asset-based revolving credit facility with LegacyTexas Bank. The initial borrowing base established under the credit facility is $17.0 million. See Note 6 – Bank Credit Facility and Note 14 – Subsequent Events, for additional information.

Based on these events, the Company believes that with the cash flow from Carbon’s expanded asset base, as well as access to undrawn debt capacity under the new credit facility, the Company will have sufficient liquidity to fund normal recurring operating needs, anticipated capital expenditures (other than the potential acquisition of additional oil and natural gas properties) and its contractual obligations.