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FAIR VALUE MEASUREMENTS: (Details 4) (USD $)
9 Months Ended
Sep. 30, 2013
Proved Oil and Gas Properties  
Estimated discount rate to measure fair value of proved oil and gas properties (as a percent) 10.00%
Fair Value
 
Derivatives measured at fair value  
Total $ (8,806,377)
Commodity derivatives | Fair Value | Current derivative assets
 
Derivatives measured at fair value  
Derivative asset 620,446
Commodity derivatives | Fair Value | Long-term derivative assets
 
Derivatives measured at fair value  
Derivative asset 480,874
Commodity derivatives | Fair Value | Current derivative liability
 
Derivatives measured at fair value  
Derivative liability (9,613,257)
Commodity derivatives | Fair Value | Long-term derivative liability
 
Derivatives measured at fair value  
Derivative liability $ (294,440)