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BORROWINGS UNDER CREDIT AGREEMENT (Details Narrative) - USD ($) $ in Thousands |  | 9 Months Ended | 12 Months Ended
--- | --- | --- | ---
Aug. 11, 2016 | Sep. 30, 2016 | Dec. 31, 2015
Wells Fargo Bank, National Association [Member] | Credit Agreement [Member] |  |  |
Short-term Debt [Line Items] |  |  |
Maturity date |  | Jul. 30, 2017 |
Energy One LLC [Member] | Credit Agreement [Member] |  |  |
Short-term Debt [Line Items] |  |  |
Description of covenants |  | (i) the interest coverage ratio (EBITDAX to interest expense) to be less than 3.0 to 1; (ii) total debt to EBITDAX to be greater than 3.5 to 1; and (iii) the current ratio to be less than 1.0 to 1.0. EBITDAX is defined in the Credit Agreement as consolidated net income, plus non-cash charges. |
Energy One LLC [Member] | Senior Credit Agreement [Member] |  |  |
Short-term Debt [Line Items] |  |  |
Description of covenants | (i) a limited waiver of the negative financial covenants as it relates to the fiscal quarters ended March 31, 2016 and June 30, 2016, (ii) implementation of a new negative covenant that prohibits the Company’s consolidated general and administrative expenses (as defined) from exceeding $3,000 for each of the years ending December 31, 2016 and 2017, (iii) deferral of the next borrowing base redetermination until December 1, 2016, and (iv) the pledge of additional collateral consisting of certain real estate assets with a net carrying value of $1,830, and 7,436,505 shares of Anfield Resources, Inc., which had a fair value of $1,244 as of September 30, 2016. |  |
Fair value of real estate assets |  | $ 1,244 |
Net carrying value |  | 1,830 |
Energy One LLC [Member] | Senior Credit Agreement [Member] | Current Liabilities [Member] |  |  |
Short-term Debt [Line Items] |  |  |
Outstanding amount of credit facility |  | $ 6,000 | $ 6,000
Energy One LLC [Member] | Wells Fargo Bank, National Association [Member] | Credit Facility [Member] |  |  |
Short-term Debt [Line Items] |  |  |
Maturity date |  | Jul. 30, 2017 |
Outstanding amount of credit facility |  |  | 6,000
Borrowing base |  | $ 6,000 | $ 6,000
Description of collateral |  | Oil and gas producing properties and substantially all of the Company’s cash and equivalents. |
Credit facility term |  | 6 months |
Interest rate |  | 3.19% |

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