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SUPPLEMENTAL OIL AND GAS INFORMATION (UNAUDITED) - Capitalized Costs (Details) - USD ($)
3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Dec. 31, 2016
Mar. 31, 2016
Dec. 31, 2016
Mar. 31, 2016
Jun. 30, 2016
Jun. 30, 2015
Capitalized Costs Related to Oil and Gas Activities            
Unproved properties           $ 14,311,000
Total oil and gas properties           14,311,000
Net capitalized costs           14,311,000
Full impairment of unproved oil and gas properties $ 753,000 $ 14,331,000 $ 753,000 $ 14,331,000 $ 14,331,000  
Republic of Guinea            
Capitalized Costs Related to Oil and Gas Activities            
Unproved properties           14,311,000
Total oil and gas properties           14,311,000
Net capitalized costs           $ 14,311,000