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SUPPLEMENTAL OIL AND GAS RESERVE INFORMATION (UNAUDITED) - Other Disclosures (Details)
12 Months Ended
Dec. 31, 2020
USD ($)
segment
Dec. 31, 2019
USD ($)
Dec. 31, 2018
USD ($)
SUPPLEMENTAL OIL AND GAS RESERVE INFORMATION (UNAUDITED)      
Number of reporting segments | segment 1    
Oil, natural gas and NGL interests      
Proved properties $ 923,413,606 $ 758,313,233  
Unevaluated properties 225,681,626 275,041,784  
Total oil, natural gas and NGL interest 1,149,095,232 1,033,355,017  
Accumulated depreciation, depletion and impairment (628,102,279) (328,913,425)  
Net oil, natural gas and NGL interests capitalized 520,992,953 704,441,592  
Acquisition costs      
Proved properties 41,476,733 104,199,579 $ 243,227,632
Unevaluated properties 74,263,481 110,050,000 288,334,110
Total 115,740,214 214,249,579 531,561,742
Developed costs      
Total costs incurred on oil, natural gas and NGL activities 115,740,214 214,249,579 531,561,742
Results of operations from Oil, Natural Gas and Natural Gas Liquids Producing Activities      
Oil, natural gas and NGL revenue 92,586,685 107,480,446 65,713,112
Lease bonus and other income 345,771 2,477,145 1,213,550
Production and ad valorem taxes (6,389,231) (7,719,949) (4,399,667)
Depreciation and depletion expense (47,988,796) (52,118,367) (25,213,043)
Impairment of oil and natural properties (251,558,557) (169,150,255) (67,311,501)
Marketing and other deductions (9,376,375) (8,145,397) (4,652,313)
Results of operations form oil, natural gas and NGLs $ (222,380,503) $ (127,176,377) $ (34,649,862)