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Unsecured Revolving Credit Agreement (Details) (USD $)
1 Months Ended 12 Months Ended
Feb. 29, 2012
Jun. 30, 2013
Jun. 30, 2012
Revolving credit facility
     
Unsecured Revolving Credit Agreement      
Maximum amount available under revolving credit facility $ 50,000,000    
Initial borrowing base 5,000,000 5,000,000  
Term of revolving credit facility   4 years  
Value of oil and gas properties subject (as a percent)   25.00%  
Margin added to variable interest rate basis (as a percent)   0.50%  
Outstanding borrowings   0 0
Loan costs to be compensated to lender over the life of the Credit Agreement 50,000    
Debt issuance costs 179,468    
Revolving credit facility | Maximum
     
Unsecured Revolving Credit Agreement      
Current ratio   1.5  
Total funded indebtedness to EBITDA ratio   2.5  
EBITDA to interest expense ratio   3  
Revolving credit facility | LIBOR
     
Unsecured Revolving Credit Agreement      
Variable interest rate basis   Adjusted LIBOR  
Amount to be reduced by Lender's Regulation D reserve requirement   1  
Interest period one   1 month  
Interest period two   2 months  
Interest period three   3 months  
Interest period four   6 months  
Term for payment of interest   3 months  
Revolving credit facility | LIBOR | Maximum
     
Unsecured Revolving Credit Agreement      
Number of loans that can be outstanding at any time   3  
Revolving credit facility | Prime rate
     
Unsecured Revolving Credit Agreement      
Variable interest rate basis   Lender's prime rate  
Revolving credit facility | Federal funds rate
     
Unsecured Revolving Credit Agreement      
Variable interest rate basis   Federal Fund Rate  
Commitment fee accruing on unutilized availability (as a percent)   0.50%  
Letter of credit
     
Unsecured Revolving Credit Agreement      
Maximum amount available under revolving credit facility 1,000,000    
Letter of credit fees rate applied to principal amounts (as a percent)   3.50%  
Outstanding borrowings   $ 0 $ 0
Letter of credit | Maximum
     
Unsecured Revolving Credit Agreement      
Term of revolving credit facility   1 year