CONDENSED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)	9 Months Ended
Sep. 30, 2016	Sep. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES
Net Loss	$ (281,163,310)	$ (803,041,218)
Adjustments to Reconcile Net Loss to Net Cash Provided by Operating Activities:
Depletion, Depreciation, Amortization and Accretion	47,720,972	113,629,323
Amortization of Debt Issuance Costs	2,879,164	2,674,927
Write-off of Debt Issuance Costs	1,089,507	0
Amortization/Accretion of 8% Senior Notes Premium/Discount	373,277	(376,315)
Deferred Income Taxes	0	(202,350,555)
Loss on the Mark-to-Market of Derivative Instruments	58,135,302	59,115,913
Amortization of Deferred Rent	0	(8,548)
Share-Based Compensation Expense	2,508,003	2,911,715
Impairment of Oil and Natural Gas Properties	237,012,834	996,815,713
Other	442,848	975,556
Changes in Working Capital and Other Items:
Trade Receivables, Net	18,588,927	(5,361,872)
Prepaid Expenses and Other	(307,849)	24,395
Accounts Payable	(873,647)	(4,450,439)
Accrued Interest	13,835,754	15,007,861
Accrued Expenses	(2,493,580)	(688,101)
Asset Retirement Obligations	(29,498)	(57,345)
Net Cash Provided by Operating Activities	97,718,704	174,821,010
CASH FLOWS FROM INVESTING ACTIVITIES
Purchases of Oil and Natural Gas Properties and Development Capital Expenditures, Net	(66,931,194)	(233,364,628)
Proceeds from Sale of Oil, Natural Gas, and Other Properties	955,448	160,944
Purchases of Other Property and Equipment	(58,480)	(20,859)
Net Cash Used for Investing Activities	(66,034,226)	(233,224,543)
CASH FLOWS FROM FINANCING ACTIVITIES
Advances on Revolving Credit Facility	29,000,000	140,000,000
Repayments on Revolving Credit Facility	(59,000,000)	(268,000,000)
Debt Issuance Costs Paid	(428,515)	(5,687,108)
Issuance of Senior Unsecured Notes	0	190,000,000
Repurchase of Common Stock – Tax Obligations	(1,327,331)	(204,613)
Net Cash (Used for) Provided by Financing Activities	(31,755,846)	56,108,279
NET DECREASE IN CASH AND CASH EQUIVALENTS	(71,368)	(2,295,254)
CASH AND CASH EQUIVALENTS – BEGINNING OF PERIOD	3,390,389	9,337,512
CASH AND CASH EQUIVALENTS – END OF PERIOD	3,319,021	7,042,258
Supplemental Disclosure of Cash Flow Information
Cash Paid During the Period for Interest	31,320,249	25,412,729
Cash Paid During the Period for Income Taxes	0	3,303,945
Non-Cash Financing and Investing Activities:
Oil and Natural Gas Properties Included in Accounts Payable	42,834,450	92,962,284
Capitalized Asset Retirement Obligations	180,302	364,913
Non-Cash Compensation Capitalized on Oil and Gas Properties	$ 882,234	$ 465,198

The cash inflow from borrowings against the revolving credit facility.

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The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets.

+ References

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- Definition

The cash inflow to dispose of long-lived, physical assets and mineral interests in oil and gas properties used for normal oil and gas operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Investing Activities
-URI http://asc.fasb.org/extlink&oid=6516133

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 12
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3179-108585

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- Definition

The cash inflow from borrowings supported by a written promise to pay an obligation that is uncollateralized (where debt is not backed by the pledge of collateral).

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Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 14
-Subparagraph (b)
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-Name Accounting Standards Codification
-Glossary Financing Activities
-URI http://asc.fasb.org/extlink&oid=6513228

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Amount of cash outflow for payment of an obligation from a lender, including but not limited to, letter of credit, standby letter of credit and revolving credit arrangements.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 15
-Subparagraph (b)
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Reference 3: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 235
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-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(f))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

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The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method.

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- References

No definition available.

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- Definition

The net change in the difference between the fair value and the carrying value, or in the comparative fair values, of derivative instruments, including options, swaps, futures, and forward contracts, held at each balance sheet date, that was included in earnings for the period.

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Write-off of amounts previously capitalized as debt issuance cost in an extinguishment of debt.

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