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INVESTMENT IN OIL AND GAS PROPERTIES - Accounting for Oil and Gas Property and Equipment Costs (Details)
$ in Thousands
3 Months Ended 12 Months Ended
Jun. 30, 2017
USD ($)
bbl
Dec. 31, 2016
USD ($)
Mar. 31, 2016
USD ($)
Jun. 30, 2017
USD ($)
bbl
Jun. 30, 2016
USD ($)
bbl
Jun. 30, 2013
USD ($)
bbl
INVESTMENT IN OIL AND GAS PROPERTIES            
Reserves | bbl 0     0 0  
Unproved Oil and Gas Properties $ 0     $ 0 $ 0  
Full impairment of unproved oil and gas properties $ 11,288 $ 2,028 $ 14,331 $ 13,316 14,331  
Guinea Concession            
INVESTMENT IN OIL AND GAS PROPERTIES            
Reserves | bbl           0
Full-Cost Ceiling Test written-down           $ 116,800
Full impairment of unproved oil and gas properties         $ 14,300