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Condensed Statements Of Cash Flows - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Sep. 30, 2019
Operating Activities          
Net income (loss)     $ (22,117,915) $ 15,408,842  
Adjustments to reconcile net income (loss) to net cash provided by operating activities:          
Depreciation, depletion and amortization $ 2,464,568 $ 4,383,043 8,793,787 11,820,705  
Impairment of producing properties 358,826   29,904,528    
Provision for deferred income taxes     (6,158,000) 5,150,000  
Gain from leasing fee mineral acreage     (567,975) (951,832)  
Proceeds from leasing fee mineral acreage     582,458 967,337  
Net (gain) loss on sales of assets     (3,258,994) (13,114,725)  
Directors' deferred compensation expense     184,188 197,820  
Total (gain) loss on derivative contracts 838,282 (2,313,195) (2,415,401) (5,026,123)  
Cash receipts (payments) on settled derivative contracts     3,230,034 (1,099,402)  
Restricted stock awards 128,196 159,911 619,812 606,232  
Other     3,718 15,848  
Cash provided (used) by changes in assets and liabilities:          
Oil, NGL and natural gas sales receivables     2,194,430 1,597,667  
Other current assets     (121,635) (859,258)  
Accounts payable     31,755 3,270  
Income taxes receivable     (134,908) (476,846)  
Other non-current assets     6,544 6,949  
Accrued liabilities     (950,686) 86,467  
Total adjustments     31,943,655 (1,075,891)  
Net cash provided by operating activities     9,825,740 14,332,951  
Investing Activities          
Capital expenditures     (196,168) (3,349,640)  
Acquisition of minerals and overrides     (10,304,016) (5,120,466)  
Investments in partnerships       (1,648)  
Proceeds from sales of assets     3,457,500 13,114,969  
Net cash provided (used) by investing activities     (7,042,684) 4,643,215  
Financing Activities          
Borrowings under Credit Facility     6,061,725 15,053,345  
Payments of loan principal     (11,486,725) (24,553,345)  
Purchases of treasury stock     (7,635) (6,465,186)  
Payments of dividends     (1,486,031) (2,013,005)  
Net cash provided (used) by financing activities     (6,918,666) (17,978,191)  
Increase (decrease) in cash and cash equivalents     (4,135,610) 997,975  
Cash and cash equivalents at beginning of period     6,160,691 532,502 $ 532,502
Cash and cash equivalents at end of period $ 2,025,081 $ 1,530,477 2,025,081 1,530,477 $ 6,160,691
Supplemental Schedule of Noncash Investing and Financing Activities:          
Additions to asset retirement obligations     4 27,782  
Gross additions to properties and equipment     10,335,534 8,149,347  
Net (increase) decrease in accounts payable for properties and equipment additions     164,650 320,759  
Capital expenditures and acquisitions     $ 10,500,184 $ 8,470,106