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OIL AND NATURAL GAS PROPERTIES (Details) - USD ($)
3 Months Ended 12 Months Ended
Mar. 31, 2020
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
OIL AND NATURAL GAS PROPERTIES        
Proved properties   $ 923,413,606 $ 758,313,233  
Unevaluated properties   225,681,626 275,041,784  
Less: accumulated depreciation, depletion, and impairment   (628,102,279) (328,913,425)  
Total oil and natural gas properties, net   520,992,953 $ 704,441,592  
Transfer to full cost pool $ 48,600,000 48,600,000    
Percent of proved undeveloped reserves of estimated proved reserves (as a percent)     6.10%  
Impairment of oil and natural gas properties   $ 251,558,557 $ 169,150,255 $ 67,311,501