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RESTATEMENT OF PREVIOUSLY FILED FINANCIAL INFORMATION - Restated Statement of Operations (Details) - USD ($)
 3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Jun. 30, 2019
Jun. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Change in Accounting Estimate [Line Items]                                      
Oil and Natural Gas Revenues   $ 50,339,105 $ 51,334,225 $ 41,798,315   $ 32,687,179 $ 29,924,883 $ 29,891,391         $ 93,132,540 $ 59,816,274 $ 143,471,645 $ 92,503,453 $ 195,702,831 $ 120,065,361 $ 66,699,700
Costs and Operating Expenses                                      
Oil and natural gas production costs   15,478,052 11,569,109 9,408,764                 20,977,873   36,455,925   48,496,225 27,801,989 15,978,362
Oil and natural gas production taxes   2,307,226 2,412,895 2,082,875                 4,495,770   6,802,996   9,130,379 5,631,093 3,152,562
Depreciation, depletion and amortization   14,115,170 14,615,270 12,929,054                 27,544,324   41,659,494   56,204,269 39,024,886 20,517,780
Ceiling test impairment                                 0 14,172,309 0
Asset retirement obligation accretion   236,207 229,234 215,945                 445,179   681,386   943,707 606,459 567,968
Lease expense   114,112 128,175 128,175                 256,350   370,462   925,217    
General and administrative expense   3,745,928 4,743,127 6,798,017                 11,541,144   15,287,072   19,866,706 12,867,686 10,515,887
Total Costs and Operating Expenses   35,996,695 33,697,810 31,562,830                 65,260,640   101,257,335   135,566,503 100,104,422 50,732,559
Income from Operations $ 17,922,018 14,342,410 17,636,415 10,235,485 $ (9,986,770) 9,615,030 9,397,559 10,935,120 $ 6,550,596 $ 4,292,081 $ 2,621,612 $ 2,502,852 27,871,900   42,214,310   60,136,328 19,960,939 15,967,141
Other Income (Expense)                                      
Interest income   9 1,260 12,236                 13,496   13,505   13,511 97,855 291,083
Interest expense   (4,556,509) (4,259,908) (773,017)                 (5,032,925)   (9,589,434)   (13,865,556) (427,898) 0
Realized loss on derivatives   0 0 0                 0   0   0 (11,153,702) (119,897)
Unrealized loss on change in fair value of derivatives   1,877,368 1,530,230 (340,685)                 1,189,545   3,066,913   (3,000,078) 3,968,287 (3,968,287)
Net Other (Expense)   (2,679,132) (2,728,418) (1,101,466)                 (3,829,884)   (6,509,016)   (16,852,123) (7,515,458) (3,797,101)
Income Before Provision for Income Taxes   11,663,278 14,907,997 9,134,019                 24,042,016   35,705,294   43,284,205 12,445,481 12,170,040
Benefit from (Provision for) Income Taxes   (2,805,278) (3,565,400) (4,864,759)                 (8,430,159)   (11,235,437)   (13,787,654) (3,445,721) (10,416,171)
Net Income $ 5,026,692 $ 8,858,000 $ 11,342,597 $ 4,269,260 $ (7,079,308) $ 5,693,628 $ 4,719,806 $ 5,665,634 $ (4,509,935) $ 3,073,760 $ 1,910,763 $ 1,279,281 $ 15,611,857   $ 24,469,857   $ 29,496,551 $ 8,999,760 $ 1,753,869
Basic Earnings per share (In dollars per share) $ 0.08 $ 0.13 $ 0.17 $ 0.07 $ (0.12) $ 0.09 $ 0.08 $ 0.10 $ (0.08) $ 0.06 $ 0.04 $ 0.03 $ 0.24   $ 0.37   $ 0.44 $ 0.15 $ 0.03
Diluted Earnings per share (In dollars per share) $ 0.08 $ 0.13 $ 0.17 $ 0.07 $ (0.12) $ 0.09 $ 0.08 $ 0.10 $ (0.08) $ 0.06 $ 0.04 $ 0.03 $ 0.24   $ 0.37   $ 0.44 $ 0.15 $ 0.03
As Previously Reported                                      
Change in Accounting Estimate [Line Items]                                      
Oil and Natural Gas Revenues   $ 50,339,105 $ 51,334,225 $ 41,798,315                 $ 93,132,540   $ 143,471,645        
Costs and Operating Expenses                                      
Oil and natural gas production costs   15,478,052 11,569,109 9,408,764                 20,977,873   36,455,925        
Oil and natural gas production taxes   2,307,226 2,412,895 2,082,875                 4,495,770   6,802,996        
Depreciation, depletion and amortization   14,115,170 14,615,270 12,929,054                 27,544,324   41,659,494        
Asset retirement obligation accretion   236,207 229,234 215,945                 445,179   681,386        
Lease expense   114,112 128,175 128,175                 256,350   370,462        
General and administrative expense   3,745,928 4,743,127 6,798,017                 11,541,144   15,287,072        
Total Costs and Operating Expenses   35,996,695 33,697,810 31,562,830                 65,260,640   101,257,335        
Income from Operations   14,342,410 17,636,415 10,235,485                 27,871,900   42,214,310        
Other Income (Expense)                                      
Interest income   9 1,260 12,236                 13,496   13,505        
Interest expense   (4,556,509) (4,259,908) (773,017)                 (5,032,925)   (9,589,434)        
Realized loss on derivatives   0 0 0                 0   0        
Unrealized loss on change in fair value of derivatives   1,877,368 1,530,230 (340,685)                 1,189,545   3,066,913        
Net Other (Expense)   (2,679,132) (2,728,418) (1,101,466)                 (3,829,884)   (6,509,016)        
Income Before Provision for Income Taxes   11,663,278 14,907,997 9,134,019                 24,042,016   35,705,294        
Benefit from (Provision for) Income Taxes   (1,774,922) (2,532,743) 1,955,424                 (577,319)   (2,352,241)        
Net Income   $ 9,888,356 $ 12,375,254 $ 11,089,443                 $ 23,464,697   $ 33,353,053        
Basic Earnings per share (In dollars per share)   $ 0.15 $ 0.18 $ 0.18                 $ 0.36   $ 0.50        
Diluted Earnings per share (In dollars per share)   $ 0.15 $ 0.18 $ 0.17                 $ 0.36   $ 0.50        
Restatement Adjustment                                      
Other Income (Expense)                                      
Benefit from (Provision for) Income Taxes   $ (1,030,356) $ (1,032,657) $ (6,820,183)                 $ (7,852,840)   $ (8,883,196)        
Net Income   $ (1,030,356) $ (1,032,657) $ (6,820,183)                 $ (7,852,840)   $ (8,883,196)        
Basic Earnings per share (In dollars per share)   $ (0.02) $ (0.02) $ (0.11)                 $ (0.12)   $ (0.13)        
Diluted Earnings per share (In dollars per share)   $ (0.02) $ (0.02) $ (0.11)                 $ (0.12)   $ (0.13)