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Significant Concentrations | 9 Months Ended
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Sep. 30, 2018
Risks and Uncertainties [Abstract] |
Significant Concentrations | 13. SIGNIFICANT CONCENTRATIONS The Company has exposure to credit risk in the event of nonpayment by the joint interest operators of the Company’s oil and gas properties. For the nine months ended September 30, 2018 and 2017, approximately 80% and 73%, resprectively, of the Company’s oil and gas revenue are associated with properties that are operated by three operators.

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- Definition The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 275 -URI http://asc.fasb.org/topic&trid=2134479 + Details
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- References No definition available. + Details
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