QUARTERLY RESULTS OF OPERATIONS (UNAUDITED) (Details) - USD ($) |
3 Months Ended | 12 Months Ended | |||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2016 |
Sep. 30, 2016 |
Jun. 30, 2016 |
Mar. 31, 2016 |
Dec. 31, 2015 |
Sep. 30, 2015 |
Jun. 30, 2015 |
Mar. 31, 2015 |
Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2014 |
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Quarterly Financial Information Disclosure [Abstract] | |||||||||||
Total Revenues | $ 35,943,626 | $ 45,109,408 | $ 32,014,226 | $ 31,836,236 | $ 56,913,029 | $ 101,156,552 | $ 40,863,194 | $ 76,124,638 | $ 144,903,496 | $ 275,057,413 | $ 595,026,742 |
Gain (Loss) on Derivative Instruments, Net | (11,141,233) | 3,381,564 | (10,522,948) | 3,463,883 | 17,563,910 | 51,366,762 | (22,211,048) | 25,663,283 | (14,818,734) | 72,382,907 | 163,412,615 |
Total Operating Expenses | 33,457,789 | 74,583,046 | 124,946,744 | 141,220,772 | 213,112,194 | 408,323,554 | 343,402,927 | 429,607,005 | 374,208,351 | 1,394,445,680 | 289,855,485 |
Impairment | 0 | 43,820,791 | 88,880,921 | 104,311,122 | 167,143,533 | 354,422,654 | 281,964,097 | 360,428,962 | 237,012,834 | 1,163,959,246 | 0 |
Income (Loss) from Operations | 2,485,837 | (29,473,638) | (92,932,518) | (109,384,536) | (156,199,165) | (307,167,002) | (302,539,733) | (353,482,367) | (229,304,855) | (1,119,388,267) | 305,171,257 |
Other Income (Expense) | (16,218,413) | (16,145,257) | (16,046,144) | (17,181,218) | (16,114,205) | (16,152,574) | (14,387,494) | (11,736,205) | (15,902) | (30,091) | 47,364 |
Income Tax Benefit | (1,402,179) | 0 | 0 | 0 | (50) | (77,544) | (66,866,610) | (135,480,000) | (1,402,179) | (202,424,204) | 99,367,000 |
Net Loss | $ (12,330,397) | $ (45,618,895) | $ (108,978,662) | $ (126,565,754) | $ (172,313,320) | $ (323,242,032) | $ (250,060,617) | $ (229,738,572) | $ (293,493,708) | $ (975,354,541) | $ 163,745,945 |
Net Loss Per Common Share – Basic (in dollars per share) | $ (0.20) | $ (0.74) | $ (1.78) | $ (2.08) | $ (2.84) | $ (5.33) | $ (4.12) | $ (3.79) | $ (4.80) | $ (16.08) | $ 2.70 |
Net Loss Per Common Share – Diluted (in dollars per share) | $ (0.20) | $ (0.74) | $ (1.78) | $ (2.08) | $ (2.84) | $ (5.33) | $ (4.12) | $ (3.79) | $ (4.80) | $ (16.08) | $ 2.69 |