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LONG-TERM LIABILITIES (Details) (USD $)
6 Months Ended 1 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 1 Months Ended
Jun. 30, 2012
item
Dec. 31, 2011
Dec. 31, 2011
Line of Credit
Jun. 30, 2012
Line of Credit
Dec. 15, 2011
Line of Credit
Jun. 30, 2012
Line of Credit
Base Rate
Jun. 30, 2012
Line of Credit
Prime rate
Jun. 30, 2012
Line of Credit
Federal Funds rate
Jun. 30, 2012
Line of Credit
LIBOR
Jun. 30, 2012
Line of Credit
Minimum
Jun. 30, 2012
Line of Credit
Minimum
Federal Funds rate
Jun. 30, 2012
Line of Credit
Minimum
LIBOR
Jun. 30, 2012
Line of Credit
Maximum
Federal Funds rate
Jun. 30, 2012
Line of Credit
Maximum
LIBOR
Dec. 15, 2011
Prior line of credit facility
Jun. 30, 2012
Convertible debentures
Jun. 30, 2012
Convertible debentures
Jul. 01, 2012
Convertible debentures
Jul. 31, 2012
Convertible debentures
Maximum
LONG-TERM LIABILITIES                                      
Line of Credit $ 99,500,000 $ 89,500,000                                  
Convertible debentures 1,636,000 1,651,000                                  
Debt collateralized by treasury stock 26,000 103,000                                  
Asset retirement obligations 15,526,000 15,507,000                                  
Litigation allowance 3,100,000 3,100,000                                  
Drilling rig note payable   466,000                                  
Total long-term liabilities 119,788,000 110,327,000                                  
Less current portion 2,357,000 2,831,000                                  
Long-term portion 117,431,000 107,496,000                                  
Long-term liabilities                                      
Term of credit facility     5 years                                
Option one per the terms of the debt agreement used in the calculation of the maximum borrowing capacity         300,000,000                            
Maximum borrowing capacity under prior agreement                             250,000,000        
Number of wholly owned subsidiaries 2                                    
Initial borrowing base       130,000,000                              
Number of additional redetermination rights in each year 1                                    
Credit line interest accrued       100,000                              
Amount outstanding on borrowing base       99,500,000                              
Current ratio                   1.0                  
Annualized consolidated EBITDAX to net interest expense ratio                   2.5                  
Variable rate basis           Base Rate Prime rate Federal Funds LIBOR                    
Margin (as a percent)               1.50%       1.75%   2.75%          
Additional margin (as a percent)                     0.75%   1.75%            
Weighted average interest rate (as a percent)       2.75%                              
Percentage of principal amount that may be converted from the date of issuance until maturity into common stock                               100.00% 100.00%    
Conversion price (in dollars per share)                               $ 35 $ 35 $ 50  
Percentage of debt issued and outstanding that the holder may tender each year                                     10.00%
Redemption of bond $ 15,000