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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (5,962,513) $ (21,529,661)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation, depletion and amortization 4,840,987 12,452,899
Accretion expense 393,535 583,792
Write down/impairment and abandonment of crude oil and natural gas properties 88,329 9,575,275
Gain on sale of property and equipment (13,298)
Gain on sale of other assets (239,652)
Deferred income taxes (120,000)
Changes in assets and liabilities:    
Accounts receivable (441,659) 892,004
Other current assets (6,993) 10,600
Other assets (116) 860
Accounts payable (136,375) 19,884
Accrued expenses (41,091) (458,779)
Joint venture partner advances 48,629 48,881
Total adjustments 4,745,246 22,752,466
Net cash provided by (used in) operating activities (1,217,267) 1,222,805
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of investments (10,080,608)
Payments received on notes receivables from employees 37,392 30,283
Advances disbursed to employees (14,171)
Purchase of property and equipment (248,699) (101,084)
Proceeds from sale of property and equipment 17,355
Proceeds from sale of other assets 249,652
Net cash provided by (used in) investing activities (10,291,915) 182,035
CASH FLOWS FROM FINANCING ACTIVITIES    
Distributions (3,963,328)
Repurchase of Units (122,089)
Proceeds from options exercised 61,045
Net cash used in financing activities (4,024,372)
NET CHANGE IN CASH AND EQUIVALENTS (11,509,182) (2,619,532)
CASH AND EQUIVALENTS AT BEGINNING OF YEAR 22,734,047 25,353,579
CASH AND EQUIVALENTS AT END OF YEAR 11,224,865 22,734,047
Supplemental disclosures of cash flow information:    
Income taxes $ 390 $ 12,270