Ring Energy, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Policies)
Notes Tables
Notes Details

BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Details Textual)

v3.19.1

BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Details Textual) - USD ($)	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Jan. 01, 2019
Organization And Summary Of Significant Accounting Policies [Line Items]
Depreciation	$ 41,154	$ 80,446
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	21.00%
Adjustment to Deferred Tax Asset for Change in Effective Tax Rate	$ (3,873,568)	1,158,604
Unrealized Gain (Loss) on Derivatives	(340,685)	(790,701)
Derivative, Loss on Derivative	$ 0	1,475,026
Percentage Of Accounts Receivables	96.00%
Amortization expense	$ 12,929,054	8,501,379
Depletion At The Rate Per Barrel	$ 14.72	$ 16.36
Accounting Standards Update 2016-02 [Member]
Organization And Summary Of Significant Accounting Policies [Line Items]
Lessee, Operating Lease, Term of Contract			12 months
Maximum [Member]
Organization And Summary Of Significant Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	7 years
Minimum [Member]
Organization And Summary Of Significant Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	5 years
Sales Revenue, Net [Member] \| Customer One [Member]
Organization And Summary Of Significant Accounting Policies [Line Items]
Concentration Risk, Percentage	51.00%
Sales Revenue, Net [Member] \| Customer Two [Member]
Organization And Summary Of Significant Accounting Policies [Line Items]
Concentration Risk, Percentage	32.00%
Accounts Receivable [Member] \| Customer One [Member]
Organization And Summary Of Significant Accounting Policies [Line Items]
Concentration Risk, Percentage	40.00%
Accounts Receivable [Member] \| Customer Two [Member]
Organization And Summary Of Significant Accounting Policies [Line Items]
Concentration Risk, Percentage	26.00%

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