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OIL AND NATURAL GAS PRODUCING ACTIVITIES - Net Costs Incurred in Oil and Gas Producing Activities (Details) - USD ($)
3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Mar. 31, 2019
Jun. 30, 2019
Sep. 30, 2019
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
OIL AND NATURAL GAS PRODUCING ACTIVITIES            
Payments for the Wishbone Acquisition       $ 276,061,594 $ 0 $ 0
Payments to purchase oil and natural gas properties $ 13,358,132 $ 268,120,579 $ 263,262,046 3,400,411 4,656,484 28,682,298
Proceeds from divestiture of oil and natural gas properties       (8,547,074) 0 0
Payments to develop oil and natural gas properties $ 42,228,740 $ 81,051,832 $ 122,004,117 152,125,320 198,870,366 $ 124,680,469
Total Net Costs Incurred       $ 423,040,251 $ 203,526,850