XML 41 R29.htm IDEA: XBRL DOCUMENT v3.8.0.1
Summary Of Significant Accounting Policies (Narrative) (Details)
12 Months Ended
Sep. 30, 2016
USD ($)
a
Item
$ / a
Sep. 30, 2015
USD ($)
Sep. 30, 2014
USD ($)
Summary Of Significant Accounting Policies [Line Items]      
Number of Oil, NGL and Natural Gas Production Units | Item 6,233    
Oil, NGL and natural gas revenues were derived from the sale of natural gas 51.00%    
Amount of Material Natural Gas Imbalances $ 0 $ 0  
Reserve for bad debt expense 19,216 180,499  
Carrying Cost of Non-Producing Oil and Natural Gas Leases 153,884    
Outstanding letters of credit 0    
Fair value of derivative contracts, liability 428,271    
Fair value of derivative contracts, asset   4,210,764  
Book value of Non-producing oil and natural gas $ 3,349,567 4,016,465  
Percentage of perpetual ownership of mineral interests in Arkansas ,New Mexico, North Dakota, Oklahoma and Texas 91.00%    
Accumulated period perpetual rights 90 years    
Non Producing Minerals Area | a 198,489    
Number of tracts owned | Item 6,442    
Amount of acres average tract contains | a 29    
Tracts Average Cost Per Acre | $ / a 40    
Amortized Period of Non-producing Minerals 33 years    
Impairment $ 12,001,271 [1] 5,009,191 [1] $ 1,096,076
Amount of Capitalized Interest Included in the Company's Capital Expenditures 24,929 148,493 172,499
Interest Expense 1,344,619 1,550,483 462,296
Income Taxes interests and penalties 12,799 17 0
Proceeds from leasing fee mineral acreage 8,049,434 2,053,900 477,144
ASU 2015-17 [Member] | New Accounting Pronouncement, Early Adoption [Member]      
Summary Of Significant Accounting Policies [Line Items]      
Reclassification of deferred income taxes from current assets to long term liabilities 310,900    
Reclassification of deferred income taxes from current liabilities to long term liabilities   1,517,100  
ASU 2016-15 [Member] | New Accounting Pronouncement, Early Adoption [Member] | Reclassification from Investing to Operating Activities [Member]      
Summary Of Significant Accounting Policies [Line Items]      
Proceeds from leasing fee mineral acreage $ 8,049,434 $ 2,053,900 $ 477,144
Minimum [Member]      
Summary Of Significant Accounting Policies [Line Items]      
Useful life of furniture and fixtures 5 years    
Restricted Stock Awards, vesting period 3 years    
Minimum [Member] | Partnerships And Limited Liability Companies [Member]      
Summary Of Significant Accounting Policies [Line Items]      
Interest Held By Company 5.00%    
Maximum [Member]      
Summary Of Significant Accounting Policies [Line Items]      
Useful life of furniture and fixtures 8 years    
Restricted Stock Awards, vesting period 5 years    
Sales Revenue, Net [Member] | Product Concentration Risk [Member]      
Summary Of Significant Accounting Policies [Line Items]      
Total sale volume from sale of natural gas 72.00%    
[1] At the end of each quarter, the Company assessed the carrying value of its producing properties for impairment. This assessment utilized estimates of future cash flows. Significant judgments and assumptions in these assessments include estimates of future oil, NGL and natural gas prices using a forward NYMEX curve adjusted for projected inflation, locational basis differentials, drilling plans, expected capital costs and an applicable discount rate commensurate with risk of the underlying cash flow estimates. These assessments identified certain properties with carrying value in excess of their calculated fair values.