ASSET RETIREMENT OBLIGATION - Reconciliation (Details) - USD ($) |
12 Months Ended | |||
|---|---|---|---|---|
Jan. 01, 2021 |
Dec. 31, 2023 |
Dec. 31, 2022 |
Dec. 31, 2021 |
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| Asset Retirement Obligation, Roll Forward Analysis [Roll Forward] | ||||
| Beginning balance | $ 17,117,135 | $ 30,226,306 | $ 15,292,054 | $ 17,117,135 |
| Liabilities acquired | 2,090,777 | 14,538,550 | 662,705 | |
| Liabilities incurred | 439,528 | 353,008 | 171,390 | |
| Liabilities sold | $ (2,934,126) | (5,340,211) | 0 | (2,934,126) |
| Liabilities settled | (647,828) | (940,738) | (904,514) | |
| Revision of estimate | 53,826 | 0 | 435,419 | |
| Accretion expense | 1,425,686 | 983,432 | 744,045 | |
| Ending balance | $ 28,248,084 | $ 30,226,306 | $ 15,292,054 | |
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- Definition Amount of asset retirement obligations acquired during the period. No definition available.
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- Definition Amount of asset retirement obligations properties sold, or otherwise disposed of, during the period. This may include asset retirement obligations transferred to third parties associated with the sale of a long-lived asset. No definition available.
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- Definition Amount recognized for the passage of time, typically for liabilities, that have been discounted to their net present values. Excludes accretion associated with asset retirement obligations. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The carrying amount of a liability for an asset retirement obligation. An asset retirement obligation is a legal obligation associated with the disposal or retirement of a tangible long-lived asset that results from the acquisition, construction or development, or the normal operations of a long-lived asset, except for certain obligations of lessees. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of asset retirement obligations incurred during the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of asset retirement obligations settled, or otherwise disposed of, during the period. This may include asset retirement obligations transferred to third parties associated with the sale of a long-lived asset. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of increase (decrease) in the asset retirement obligation from changes in the amount or timing of the estimated cash flows associated with the settlement of the obligation. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
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