$REI
RING ENERGY, INC. Stock $rei

$rei Overview Financials Valuation SEC Filings Company Website

2014 Q4 Form 10-K Financial Statement

#000114420416088170 Filed on March 15, 2016

Income Statement

Concept	2014 Q4	2013 Q4	2013 Q3
Revenue	$9.985M	$5.052M	$2.821M
YoY Change	97.65%	609.34%	652.72%
Cost Of Revenue	$2.260M	$790.0K	$420.0K
YoY Change	186.08%	243.48%	90.91%
Gross Profit	$7.730M	$4.260M	$2.400M
YoY Change	81.46%	769.39%	1400.0%
Gross Profit Margin	77.42%	84.33%	85.08%
Selling, General & Admin	$1.790M	$2.000M	$1.610M
YoY Change	-10.5%	250.88%	140.3%
% of Gross Profit	23.16%	46.95%	67.08%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$2.310M	$620.0K	$920.0K
YoY Change	272.58%	181.82%	736.36%
% of Gross Profit	29.88%	14.55%	38.33%
Operating Expenses	$4.140M	$2.650M	$2.540M
YoY Change	56.23%	239.74%	213.58%
Operating Profit	$3.582M	$1.610M	-$143.7K
YoY Change	122.49%	-633.67%	-77.99%
Interest Expense	$10.00K	$0.00	$10.00K
YoY Change		-100.0%	-50.0%
% of Operating Profit	0.28%	0.0%
Other Income/Expense, Net
YoY Change
Pretax Income	$3.590M	$1.610M	-$130.0K
YoY Change	122.98%	-1047.06%	-79.37%
Income Tax	$880.0K	$80.00K	$0.00
% Of Pretax Income	24.51%	4.97%
Net Earnings	$2.709M	$1.535M	-$131.5K
YoY Change	76.46%	1047.02%	-79.18%
Net Earnings / Revenue	27.13%	30.38%	-4.66%
Basic Earnings Per Share	$0.11	$0.08	-$0.01
Diluted Earnings Per Share	$0.10	$0.08	-$0.01
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept	2014 Q4	2013 Q4	2013 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$8.600M	$52.40M	$7.900M
YoY Change	-83.59%	870.37%	-19.39%
Cash & Equivalents	$8.622M	$52.35M
Short-Term Investments
Other Short-Term Assets	$200.0K	$100.0K	$100.0K
YoY Change	100.0%	0.0%	0.0%
Inventory
Prepaid Expenses	$160.6K	$66.05K
Receivables	$3.617M	$3.888M	$1.700M
Other Receivables	$2.700M	$0.00	$0.00
Total Short-Term Assets	$15.08M	$56.31M	$9.700M
YoY Change	-73.21%	854.32%	-3.96%
LONG-TERM ASSETS
Property, Plant & Equipment	$152.6M	$55.42M	$43.10M
YoY Change	175.28%	145.21%	256.2%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets	$152.6M	$55.42M	$43.00M
YoY Change	175.28%	145.21%	255.37%
TOTAL ASSETS
Total Short-Term Assets	$15.08M	$56.31M	$9.700M
Total Long-Term Assets	$152.6M	$55.42M	$43.00M
Total Assets	$167.6M	$111.7M	$52.70M
YoY Change	50.05%	292.01%	137.39%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$16.24M	$6.229M	$5.200M
YoY Change	160.71%	419.12%	225.0%
Accrued Expenses	$0.00	$1.000M
YoY Change	-100.0%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$16.26M	$7.232M	$5.200M
YoY Change	124.89%	502.64%	188.89%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$3.900M	$1.200M	$1.100M
YoY Change	225.0%	140.0%	266.67%
Total Long-Term Liabilities	$3.900M	$1.200M	$1.100M
YoY Change	225.0%	140.0%	266.67%
TOTAL LIABILITIES
Total Short-Term Liabilities	$16.26M	$7.232M	$5.200M
Total Long-Term Liabilities	$3.900M	$1.200M	$1.100M
Total Liabilities	$25.10M	$9.118M	$6.900M
YoY Change	175.28%	296.42%	228.57%
SHAREHOLDERS EQUITY
Retained Earnings	$1.984M	-$6.436M
YoY Change	-130.83%
Common Stock	$25.73K	$23.58K
YoY Change	9.15%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$142.5M	$102.6M	$45.80M
YoY Change
Total Liabilities & Shareholders Equity	$167.6M	$111.7M	$52.70M
YoY Change	50.05%	291.83%	137.39%

Cashflow Statement

Concept	2014 Q4	2013 Q4	2013 Q3
OPERATING ACTIVITIES
Net Income	$2.709M	$1.535M	-$131.5K
YoY Change	76.46%	1047.02%	-79.18%
Depreciation, Depletion And Amortization	$2.310M	$620.0K	$920.0K
YoY Change	272.58%	181.82%	736.36%
Cash From Operating Activities	$11.72M	$3.070M	$3.680M
YoY Change	281.76%	-668.52%	260.78%
INVESTING ACTIVITIES
Capital Expenditures	-$32.19M	-$12.82M	-$14.23M
YoY Change	151.09%	138.73%	228.64%
Acquisitions
YoY Change
Other Investing Activities		-$60.00K
YoY Change
Cash From Investing Activities	-$32.16M	-$12.88M	-$14.23M
YoY Change	149.69%	139.85%	228.64%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net		$54.23M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-10.00K	54.29M	-10.00K
YoY Change	-100.02%	3618.49%	-100.15%
NET CHANGE
Cash From Operating Activities	11.72M	3.070M	3.680M
Cash From Investing Activities	-32.16M	-12.88M	-14.23M
Cash From Financing Activities	-10.00K	54.29M	-10.00K
Net Change In Cash	-20.45M	44.48M	-10.56M
YoY Change	-145.98%	-1099.55%	-425.93%
FREE CASH FLOW
Cash From Operating Activities	$11.72M	$3.070M	$3.680M
Capital Expenditures	-$32.19M	-$12.82M	-$14.23M
Free Cash Flow	$43.91M	$15.89M	$17.91M
YoY Change	176.34%	228.99%	234.77%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2015Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	29863838	USD
CY2014Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	14688047	USD
CY2015Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	241266527	USD
CY2014Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	152558162	USD
CY2015Q4	us-gaap	Assets Assets	250866245	USD
CY2014Q4	us-gaap	Assets Assets	167641460	USD
CY2015Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	11023269	USD
CY2014Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	16241022	USD
CY2013	us-gaap	Operating Income Loss OperatingIncomeLoss	-389324	USD
CY2013	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	46946416	USD
CY2012Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	5404167	USD
CY2013	us-gaap	Production Tax Expense ProductionTaxExpense	476964	USD
CY2015Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	271130365	USD
CY2014Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	167246209	USD
CY2015Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	309898	USD
CY2014Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	22029	USD
CY2015Q4	us-gaap	Liabilities Current LiabilitiesCurrent	11333167	USD
CY2014Q4	us-gaap	Liabilities Current LiabilitiesCurrent	16263051	USD
CY2015Q4	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	0	USD
CY2014Q4	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	4939390	USD
CY2015Q4	us-gaap	Asset Retirement Obligation AssetRetirementObligation	7401950	USD
CY2014Q4	us-gaap	Asset Retirement Obligation AssetRetirementObligation	3896489	USD
CY2015Q4	us-gaap	Liabilities Liabilities	64635117	USD
CY2014Q4	us-gaap	Liabilities Liabilities	25098930	USD
CY2015Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2014Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2015Q4	us-gaap	Common Stock Value CommonStockValue	30392	USD
CY2014Q4	us-gaap	Common Stock Value CommonStockValue	25734	USD
CY2015Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	193269034	USD
CY2014Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	140532323	USD
CY2015Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-7068298	USD
CY2014Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	1984473	USD
CY2015Q4	us-gaap	Stockholders Equity StockholdersEquity	186231128	USD
CY2014Q4	us-gaap	Stockholders Equity StockholdersEquity	142542530	USD
CY2015Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	250866245	USD
CY2014Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	167641460	USD
CY2015Q4	us-gaap	Long Term Debt LongTermDebt	45900000	USD
CY2014Q4	us-gaap	Long Term Debt LongTermDebt		USD
CY2015Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	820904	USD
CY2013	us-gaap	Oil And Gas Production Expense OilAndGasProductionExpense	1207529	USD
CY2013	us-gaap	Operating Costs And Expenses OperatingCostsAndExpenses	10705025	USD
CY2013	us-gaap	Investment Income Interest InvestmentIncomeInterest	24706	USD
CY2013	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	14816	USD
CY2013	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-374508	USD
CY2013	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	77701	USD
CY2013	us-gaap	Net Income Loss NetIncomeLoss	-452209	USD
CY2013	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.03
CY2013	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.03
CY2014	us-gaap	Oil And Gas Revenue OilAndGasRevenue	38089443	USD
CY2014	us-gaap	Oil And Gas Production Expense OilAndGasProductionExpense	4993166	USD
CY2015	us-gaap	Oil And Gas Production Expense OilAndGasProductionExpense	9958380	USD
CY2014	us-gaap	Production Tax Expense ProductionTaxExpense	1760206	USD
CY2015	us-gaap	Production Tax Expense ProductionTaxExpense	1468073	USD
CY2014	us-gaap	Cost Of Goods Sold Depreciation Depletion And Amortization CostOfGoodsSoldDepreciationDepletionAndAmortization	11807794	USD
CY2015	us-gaap	Cost Of Goods Sold Depreciation Depletion And Amortization CostOfGoodsSoldDepreciationDepletionAndAmortization	15175791	USD
CY2014	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	6803029	USD
CY2015	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	7995395	USD
CY2014	us-gaap	Operating Costs And Expenses OperatingCostsAndExpenses	25519168	USD
CY2015	us-gaap	Operating Costs And Expenses OperatingCostsAndExpenses	44328226	USD
CY2014	us-gaap	Investment Income Interest InvestmentIncomeInterest	85964	USD
CY2015	us-gaap	Investment Income Interest InvestmentIncomeInterest	6984	USD
CY2014	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	85964	USD
CY2015	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-742150	USD
CY2014	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	12656239	USD
CY2015	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-14056484	USD
CY2014	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	4235739	USD
CY2015	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-5003713	USD
CY2014	us-gaap	Net Income Loss NetIncomeLoss	8420500	USD
CY2015	us-gaap	Net Income Loss NetIncomeLoss	-9052771	USD
CY2014	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.34
CY2015	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.32
CY2014	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.33
CY2015	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.32
CY2015	us-gaap	Operating Income Loss OperatingIncomeLoss	-13314334	USD
CY2014	us-gaap	Operating Income Loss OperatingIncomeLoss	12570275	USD
CY2014	us-gaap	Profit Loss ProfitLoss	8420500	USD
CY2015	us-gaap	Profit Loss ProfitLoss	-9052771	USD
CY2014	us-gaap	Depreciation Amortization And Accretion Net DepreciationAmortizationAndAccretionNet	11807794	USD
CY2015	us-gaap	Depreciation Amortization And Accretion Net DepreciationAmortizationAndAccretionNet	15175791	USD
CY2014	us-gaap	Accretion Expense AccretionExpense	154973	USD
CY2015	us-gaap	Accretion Expense AccretionExpense	418384	USD
CY2014	us-gaap	Share Based Compensation ShareBasedCompensation	2517211	USD
CY2015	us-gaap	Share Based Compensation ShareBasedCompensation	2566716	USD
CY2014	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	94549	USD
CY2015	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	806422	USD
CY2014	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	9031408	USD
CY2015	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-4929884	USD
CY2014	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	33748065	USD
CY2015	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	9843744	USD
CY2014	us-gaap	Payments To Acquire Oil And Gas Property PaymentsToAcquireOilAndGasProperty	15054649	USD
CY2015	us-gaap	Payments To Acquire Oil And Gas Property PaymentsToAcquireOilAndGasProperty	77902553	USD
CY2014	us-gaap	Payments To Explore And Develop Oil And Gas Properties PaymentsToExploreAndDevelopOilAndGasProperties	90160236	USD
CY2015	us-gaap	Payments To Explore And Develop Oil And Gas Properties PaymentsToExploreAndDevelopOilAndGasProperties	31430355	USD
CY2014	us-gaap	Payments To Acquire Machinery And Equipment PaymentsToAcquireMachineryAndEquipment	951898	USD
CY2015	us-gaap	Payments To Acquire Machinery And Equipment PaymentsToAcquireMachineryAndEquipment	330182	USD
CY2014	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-106206099	USD
CY2015	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-110109282	USD
CY2014	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	215000	USD
CY2015	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	134800	USD
CY2014	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	28729686	USD
CY2015	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	96074653	USD
CY2014	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-43728348	USD
CY2015	us-gaap	Interest Paid Net InterestPaidNet	426742	USD
CY2014	us-gaap	Interest Paid Net InterestPaidNet	0	USD
CY2015	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-4190885	USD
CY2013Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	52350583	USD
CY2014Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	8622235	USD
CY2015Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	4431350	USD
CY2014	us-gaap	Increase Decrease In Asset Retirement Obligations IncreaseDecreaseInAssetRetirementObligations	575977	USD
CY2015	us-gaap	Increase Decrease In Asset Retirement Obligations IncreaseDecreaseInAssetRetirementObligations	3361634	USD
CY2014	us-gaap	Asset Retirement Obligation Period Increase Decrease AssetRetirementObligationPeriodIncreaseDecrease	2022445	USD
CY2015	us-gaap	Asset Retirement Obligation Period Increase Decrease AssetRetirementObligationPeriodIncreaseDecrease	171635	USD
CY2014	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	2412061	USD
CY2015	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-2163440	USD
CY2014	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable	0	USD
CY2015	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable	45900000	USD
CY2015	us-gaap	Issuance Of Stock And Warrants For Services Or Claims IssuanceOfStockAndWarrantsForServicesOrClaims	0	USD
CY2014	us-gaap	Issuance Of Stock And Warrants For Services Or Claims IssuanceOfStockAndWarrantsForServicesOrClaims	87050	USD
CY2015	us-gaap	Asset Retirement Obligation Cash Paid To Settle AssetRetirementObligationCashPaidToSettle	446192	USD
CY2014	us-gaap	Asset Retirement Obligation Cash Paid To Settle AssetRetirementObligationCashPaidToSettle	39316	USD
CY2015	us-gaap	Noncash Or Part Noncash Acquisition Fixed Assets Acquired1 NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1	0	USD
CY2014	us-gaap	Noncash Or Part Noncash Acquisition Fixed Assets Acquired1 NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1	182369	USD
CY2013	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	16376911	shares
CY2013	us-gaap	Incremental Common Shares Attributable To Call Options And Warrants IncrementalCommonSharesAttributableToCallOptionsAndWarrants	0	shares
CY2013	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	16376911	shares
CY2014	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	24739795	shares
CY2015	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	28176924	shares
CY2014	us-gaap	Incremental Common Shares Attributable To Call Options And Warrants IncrementalCommonSharesAttributableToCallOptionsAndWarrants	1150490	shares
CY2015	us-gaap	Incremental Common Shares Attributable To Call Options And Warrants IncrementalCommonSharesAttributableToCallOptionsAndWarrants	0	shares
CY2014	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	25890285	shares
CY2015	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	28176924	shares
CY2015Q4	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Other Noncurrent Assets BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherNoncurrentAssets	78361634	USD
CY2015Q4	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Receivables BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsReceivables	400629	USD
CY2015Q4	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Accounts Payable BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesAccountsPayable	1562147	USD
CY2015Q4	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Noncurrent Liabilities Other BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesOther	3361634	USD
CY2015Q4	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet	73838482	USD
CY2015Q2	us-gaap	Gas And Oil Area Developed Net GasAndOilAreaDevelopedNet	19679	acre
CY2015Q2	us-gaap	Gas And Oil Area Developed Gross GasAndOilAreaDevelopedGross	19983	acre
CY2015Q2	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	75000000	USD
CY2015Q2	us-gaap	Noncash Or Part Noncash Acquisition Accounts Receivable Acquired1 NoncashOrPartNoncashAcquisitionAccountsReceivableAcquired1	286563	USD
CY2015Q2	us-gaap	Noncash Or Part Noncash Acquisition Payables Assumed1 NoncashOrPartNoncashAcquisitionPayablesAssumed1	742332	USD
CY2015	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	37253437	USD
CY2014	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	74303242	USD
CY2013	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	58279167	USD
CY2015	us-gaap	Business Acquisition Pro Forma Earnings Per Share Basic BusinessAcquisitionProFormaEarningsPerShareBasic	-0.32
CY2014	us-gaap	Business Acquisition Pro Forma Earnings Per Share Basic BusinessAcquisitionProFormaEarningsPerShareBasic	0.34
CY2013	us-gaap	Business Acquisition Pro Forma Earnings Per Share Basic BusinessAcquisitionProFormaEarningsPerShareBasic	-0.03
CY2015	us-gaap	Business Acquisition Pro Forma Earnings Per Share Diluted BusinessAcquisitionProFormaEarningsPerShareDiluted	-0.32
CY2014	us-gaap	Business Acquisition Pro Forma Earnings Per Share Diluted BusinessAcquisitionProFormaEarningsPerShareDiluted	0.33
CY2013	us-gaap	Business Acquisition Pro Forma Earnings Per Share Diluted BusinessAcquisitionProFormaEarningsPerShareDiluted	-0.03
CY2015	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	-9097288	USD
CY2014	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	18186433	USD
CY2013	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	16377036	USD
CY2015	us-gaap	Asset Retirement Obligation Liabilities Incurred AssetRetirementObligationLiabilitiesIncurred	171635	USD
CY2015	rei	Asset Retirement Obligation Liabilities Acquired AssetRetirementObligationLiabilitiesAcquired	3361634	USD
CY2015	us-gaap	Asset Retirement Obligation Liabilities Settled AssetRetirementObligationLiabilitiesSettled	446192	USD
CY2015	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	50039853	USD
CY2013	us-gaap	Profit Loss ProfitLoss	-452209	USD
CY2014Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2015Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2015Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2015Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2015Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2013	us-gaap	Share Based Compensation ShareBasedCompensation	3489022	USD
CY2013	us-gaap	Depreciation Amortization And Accretion Net DepreciationAmortizationAndAccretionNet	2284091	USD
CY2013	us-gaap	Accretion Expense AccretionExpense	53681	USD
CY2013	us-gaap	Issuance Of Stock And Warrants For Services Or Claims IssuanceOfStockAndWarrantsForServicesOrClaims	100000	USD
CY2013	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	-77701	USD
CY2013	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	3470437	USD
CY2013	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	5653	USD
CY2013	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	6040212	USD
CY2013	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	8116408	USD
CY2013	us-gaap	Payments To Acquire Oil And Gas Property PaymentsToAcquireOilAndGasProperty	5192441	USD
CY2013	us-gaap	Payments To Explore And Develop Oil And Gas Properties PaymentsToExploreAndDevelopOilAndGasProperties	29103392	USD
CY2013	us-gaap	Payments To Acquire Machinery And Equipment PaymentsToAcquireMachineryAndEquipment	82805	USD
CY2013	us-gaap	Asset Retirement Obligation Cash Paid To Settle AssetRetirementObligationCashPaidToSettle	60544	USD
CY2013	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-34439182	USD
CY2013	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	67500	USD
CY2013	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	73269190	USD
CY2013	us-gaap	Interest Paid Net InterestPaidNet	9890	USD
CY2013	us-gaap	Noncash Or Part Noncash Acquisition Fixed Assets Acquired1 NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1	0	USD
CY2013	us-gaap	Increase Decrease In Asset Retirement Obligations IncreaseDecreaseInAssetRetirementObligations	0	USD
CY2013	us-gaap	Asset Retirement Obligation Period Increase Decrease AssetRetirementObligationPeriodIncreaseDecrease	481296	USD
CY2013	us-gaap	Asset Retirement Obligation Revision Of Estimate AssetRetirementObligationRevisionOfEstimate	211691	USD
CY2014	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	-4235739	USD
CY2015	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	5003713	USD
CY2015	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	418384	USD
CY2014	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	154973	USD
CY2013	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	53681	USD
CY2015Q4	us-gaap	Property Plant And Equipment Other PropertyPlantAndEquipmentOther	1539991	USD
CY2014Q4	us-gaap	Property Plant And Equipment Other PropertyPlantAndEquipmentOther	1209809	USD
CY2015Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2014Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2014Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2014Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2014Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2015Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	150000000	shares
CY2014Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	150000000	shares
CY2015	us-gaap	Use Of Estimates UseOfEstimates	<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><strong><i><font style="FONT-SIZE: 10pt">Use of Estimates</font></i></strong> <font style="FONT-SIZE: 10pt"> The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Changes in the future estimated oil and natural gas reserves or the estimated future cash flows attributable to the reserves that are utilized for impairment analysis could have a significant impact on the future results of operations.</font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2015Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	30391942	shares
CY2015	us-gaap	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><strong><i><font style="FONT-SIZE: 10pt"> Concentration of Credit Risk and Accounts Receivable</font></i></strong> <font style="FONT-SIZE: 10pt"> Financial instruments that potentially subject the Company to a concentration of credit risk consist principally of cash and accounts receivable. The Company has cash in excess of federally insured limits of $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">4,181,350</font> at December 31, 2015. The Company places its cash with a high credit quality financial institution.</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt"> </font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">Substantially all of the Company’s accounts receivable is from purchasers of oil and gas. Oil and gas sales are generally unsecured. The Company has not had any significant credit losses in the past and believes its accounts receivable are fully collectable. Accordingly, no allowance for doubtful accounts has been provided at December 31, 2015 and 2014. The Company also has a joint interest billing receivable. Joint interest billing receivables are collateralized by the pro rata revenue attributable to the joint interest holders and further by the interest itself.</font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2014Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	25734467	shares
CY2013	us-gaap	Impairment Of Long Lived Assets Held For Use ImpairmentOfLongLivedAssetsHeldForUse	0	USD
CY2013Q1	us-gaap	Oil And Gas Revenue OilAndGasRevenue	1151597	USD
CY2013Q2	us-gaap	Oil And Gas Revenue OilAndGasRevenue	1291579	USD
CY2013Q3	us-gaap	Oil And Gas Revenue OilAndGasRevenue	2820731	USD
CY2013Q4	us-gaap	Oil And Gas Revenue OilAndGasRevenue	5051794	USD
CY2013Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-965280	USD
CY2013Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-890393	USD
CY2013Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	-143735	USD
CY2013Q4	us-gaap	Operating Income Loss OperatingIncomeLoss	1610084	USD
CY2013Q1	us-gaap	Net Income Loss NetIncomeLoss	-965280	USD
CY2013Q2	us-gaap	Net Income Loss NetIncomeLoss	-890393	USD
CY2013Q3	us-gaap	Net Income Loss NetIncomeLoss	-131493	USD
CY2013Q4	us-gaap	Net Income Loss NetIncomeLoss	1534957	USD
CY2013Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.07
CY2013Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.06
CY2013Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.01
CY2013Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.08
CY2013Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.07
CY2013Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.06
CY2012Q4	us-gaap	Stockholders Equity StockholdersEquity	26199711	USD
CY2013	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	3489022	USD
CY2014	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	2517211	USD
CY2015	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	2566716	USD
CY2013	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	73201690	USD
CY2014	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	28514686	USD
CY2015	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	50039853	USD
CY2013	us-gaap	Stock Issued During Period Value Issued For Services StockIssuedDuringPeriodValueIssuedForServices	100000	USD
CY2014	us-gaap	Stock Issued During Period Value Issued For Services StockIssuedDuringPeriodValueIssuedForServices	87050	USD
CY2013	rei	Stock Issued During Period Value Stock Options Cashless Exercised StockIssuedDuringPeriodValueStockOptionsCashlessExercised	0	USD
CY2014	rei	Stock Issued During Period Value Stock Options Cashless Exercised StockIssuedDuringPeriodValueStockOptionsCashlessExercised	0	USD
CY2015	rei	Stock Issued During Period Value Stock Options Cashless Exercised StockIssuedDuringPeriodValueStockOptionsCashlessExercised	0	USD
CY2013	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	67500	USD
CY2014	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	215000	USD
CY2015	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	134800	USD
CY2013Q4	us-gaap	Stockholders Equity StockholdersEquity	102605714	USD
CY2014	us-gaap	Stock Issued During Period Value Purchase Of Assets StockIssuedDuringPeriodValuePurchaseOfAssets	182369	USD
CY2015	us-gaap	Impairment Of Long Lived Assets Held For Use ImpairmentOfLongLivedAssetsHeldForUse	9312203	USD
CY2014	us-gaap	Impairment Of Long Lived Assets Held For Use ImpairmentOfLongLivedAssetsHeldForUse	0	USD
CY2013Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.01
CY2013Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.08
CY2014Q1	us-gaap	Oil And Gas Revenue OilAndGasRevenue	5970452	USD
CY2014Q2	us-gaap	Oil And Gas Revenue OilAndGasRevenue	11204238	USD
CY2014Q3	us-gaap	Oil And Gas Revenue OilAndGasRevenue	10929771	USD
CY2014Q4	us-gaap	Oil And Gas Revenue OilAndGasRevenue	9984982	USD
CY2014Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	1804352	USD
CY2014Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	4459373	USD
CY2014Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	2724204	USD
CY2014Q4	us-gaap	Operating Income Loss OperatingIncomeLoss	3582346	USD
CY2014Q1	us-gaap	Net Income Loss NetIncomeLoss	1163689	USD
CY2014Q2	us-gaap	Net Income Loss NetIncomeLoss	2821738	USD
CY2014Q3	us-gaap	Net Income Loss NetIncomeLoss	1726469	USD
CY2014Q4	us-gaap	Net Income Loss NetIncomeLoss	2708604	USD
CY2014Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.05
CY2014Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.12
CY2014Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.07
CY2014Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.11
CY2014Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.05
CY2014Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.11
CY2014Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.06
CY2014Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.10
CY2015	us-gaap	Asset Retirement Obligation Revision Of Estimate AssetRetirementObligationRevisionOfEstimate	0	USD
CY2014	us-gaap	Asset Retirement Obligation Revision Of Estimate AssetRetirementObligationRevisionOfEstimate	0	USD
CY2015Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.04
CY2015Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.02
CY2015Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.04
CY2015Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.25
CY2015Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.04
CY2015Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.02
CY2015Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.04
CY2015Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.25
CY2015Q1	us-gaap	Net Income Loss NetIncomeLoss	-975624	USD
CY2015Q2	us-gaap	Net Income Loss NetIncomeLoss	534167	USD
CY2015Q3	us-gaap	Net Income Loss NetIncomeLoss	-1138268	USD
CY2015Q4	us-gaap	Net Income Loss NetIncomeLoss	-7473046	USD
CY2015Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-1549389	USD
CY2015Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	1019686	USD
CY2015Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	-1473514	USD
CY2015Q4	us-gaap	Operating Income Loss OperatingIncomeLoss	-11311117	USD
CY2015Q1	us-gaap	Oil And Gas Revenue OilAndGasRevenue	6045701	USD
CY2015Q2	us-gaap	Oil And Gas Revenue OilAndGasRevenue	8976790	USD
CY2015Q3	us-gaap	Oil And Gas Revenue OilAndGasRevenue	8629007	USD
CY2015Q4	us-gaap	Oil And Gas Revenue OilAndGasRevenue	7362394	USD
CY2015Q4	rei	Company Had Net Operating Loss Carry Forwards For Federal Income Tax Reporting Purposes Of Approximately In Millions CompanyHadNetOperatingLossCarryForwardsForFederalIncomeTaxReportingPurposesOfApproximatelyInMillions	63100000	USD
CY2015	rei	Operating Loss Carry Forwards Expiration Starting Year OperatingLossCarryForwardsExpirationStartingYear	2027
CY2015	rei	Operating Loss Carry Forwards Expiration Ending Year OperatingLossCarryForwardsExpirationEndingYear	2035
CY2014Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	0	USD
CY2015	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.34	pure
CY2015Q4	us-gaap	Deferred Tax Liabilities Property Plant And Equipment DeferredTaxLiabilitiesPropertyPlantAndEquipment	24398458	USD
CY2014Q4	us-gaap	Deferred Tax Liabilities Property Plant And Equipment DeferredTaxLiabilitiesPropertyPlantAndEquipment	25683495	USD
CY2015Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Compensation And Benefits DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits	3066518	USD
CY2014Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Compensation And Benefits DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits	2253286	USD
CY2015Q4	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards	21396263	USD
CY2014Q4	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards	18490819	USD
CY2014Q4	us-gaap	Capitalized Costs Proved Properties CapitalizedCostsProvedProperties	166036400	USD
CY2015Q4	us-gaap	Capitalized Costs Support Equipment And Facilities CapitalizedCostsSupportEquipmentAndFacilities	1539991	USD
CY2014Q4	us-gaap	Capitalized Costs Support Equipment And Facilities CapitalizedCostsSupportEquipmentAndFacilities	1209809	USD
CY2015Q4	us-gaap	Capitalized Costs Oil And Gas Producing Activities Gross CapitalizedCostsOilAndGasProducingActivitiesGross	271130365	USD
CY2014Q4	us-gaap	Capitalized Costs Oil And Gas Producing Activities Gross CapitalizedCostsOilAndGasProducingActivitiesGross	167246209	USD
CY2015Q4	us-gaap	Capitalized Costs Accumulated Depreciation Depletion Amortization And Valuation Allowance For Relating To Oil And Gas Producing Activities CapitalizedCostsAccumulatedDepreciationDepletionAmortizationAndValuationAllowanceForRelatingToOilAndGasProducingActivities	29863838	USD
CY2014Q4	us-gaap	Capitalized Costs Accumulated Depreciation Depletion Amortization And Valuation Allowance For Relating To Oil And Gas Producing Activities CapitalizedCostsAccumulatedDepreciationDepletionAmortizationAndValuationAllowanceForRelatingToOilAndGasProducingActivities	14688047	USD
CY2015Q4	us-gaap	Capitalized Costs Oil And Gas Producing Activities Net CapitalizedCostsOilAndGasProducingActivitiesNet	241266527	USD
CY2013Q4	us-gaap	Asset Retirement Obligation AssetRetirementObligation	1182410	USD
CY2014Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	25734467	shares
CY2015Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	30391942	shares
CY2014	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	28514686	USD
CY2013	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	73201690	USD
CY2015Q4	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	24462781	USD
CY2014Q4	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	20744105	USD
CY2015Q4	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	-64323	USD
CY2014Q4	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	4939390	USD
CY2015	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	-4779205	USD
CY2014	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	4303121	USD
CY2013	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	-127333	USD
CY2015	us-gaap	Income Tax Reconciliation Nondeductible Expense IncomeTaxReconciliationNondeductibleExpense	6599	USD
CY2014	us-gaap	Income Tax Reconciliation Nondeductible Expense IncomeTaxReconciliationNondeductibleExpense	4465	USD
CY2013	us-gaap	Income Tax Reconciliation Nondeductible Expense IncomeTaxReconciliationNondeductibleExpense	4450	USD
CY2015	us-gaap	Income Tax Rate Reconciliation Deductions Employee Stock Ownership Plan Dividends IncomeTaxRateReconciliationDeductionsEmployeeStockOwnershipPlanDividends	89597	USD
CY2014	us-gaap	Income Tax Rate Reconciliation Deductions Employee Stock Ownership Plan Dividends IncomeTaxRateReconciliationDeductionsEmployeeStockOwnershipPlanDividends	595322	USD
CY2013	us-gaap	Income Tax Rate Reconciliation Deductions Employee Stock Ownership Plan Dividends IncomeTaxRateReconciliationDeductionsEmployeeStockOwnershipPlanDividends	0	USD
CY2015	us-gaap	Income Tax Reconciliation Tax Settlements IncomeTaxReconciliationTaxSettlements	0	USD
CY2014	us-gaap	Income Tax Reconciliation Tax Settlements IncomeTaxReconciliationTaxSettlements	396061	USD
CY2013	us-gaap	Income Tax Reconciliation Tax Settlements IncomeTaxReconciliationTaxSettlements	213431	USD
CY2015	us-gaap	Income Tax Reconciliation State And Local Income Taxes IncomeTaxReconciliationStateAndLocalIncomeTaxes	-141510	USD
CY2014	us-gaap	Income Tax Reconciliation State And Local Income Taxes IncomeTaxReconciliationStateAndLocalIncomeTaxes	127414	USD
CY2013	us-gaap	Income Tax Reconciliation State And Local Income Taxes IncomeTaxReconciliationStateAndLocalIncomeTaxes	-17864	USD
CY2015	us-gaap	Income Tax Reconciliation Other Adjustments IncomeTaxReconciliationOtherAdjustments	0	USD
CY2014	us-gaap	Income Tax Reconciliation Other Adjustments IncomeTaxReconciliationOtherAdjustments	0	USD
CY2013	us-gaap	Income Tax Reconciliation Other Adjustments IncomeTaxReconciliationOtherAdjustments	5017	USD
CY2015	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-5003713	USD
CY2014	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	4235739	USD
CY2013	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	77701	USD
CY2015	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	129896	USD
CY2015Q4	us-gaap	Operating Leases Future Minimum Payments Due OperatingLeasesFutureMinimumPaymentsDue	1193738	USD
CY2015Q4	us-gaap	Capitalized Costs Proved Properties CapitalizedCostsProvedProperties	269590374	USD
CY2014Q4	us-gaap	Capitalized Costs Oil And Gas Producing Activities Net CapitalizedCostsOilAndGasProducingActivitiesNet	152558162	USD
CY2015	us-gaap	Costs Incurred Acquisition Of Oil And Gas Properties With Proved Reserves CostsIncurredAcquisitionOfOilAndGasPropertiesWithProvedReserves	81264187	USD
CY2014	us-gaap	Costs Incurred Acquisition Of Oil And Gas Properties With Proved Reserves CostsIncurredAcquisitionOfOilAndGasPropertiesWithProvedReserves	15812995	USD
CY2015	us-gaap	Costs Incurred Development Costs CostsIncurredDevelopmentCosts	31601990	USD
CY2014	us-gaap	Costs Incurred Development Costs CostsIncurredDevelopmentCosts	92182681	USD
CY2015	us-gaap	Costs Incurred Oil And Gas Property Acquisition Exploration And Development Activities CostsIncurredOilAndGasPropertyAcquisitionExplorationAndDevelopmentActivities	112866177	USD
CY2014	us-gaap	Costs Incurred Oil And Gas Property Acquisition Exploration And Development Activities CostsIncurredOilAndGasPropertyAcquisitionExplorationAndDevelopmentActivities	107995676	USD
CY2012Q4	us-gaap	Asset Retirement Obligation AssetRetirementObligation	496286	USD
CY2013	us-gaap	Asset Retirement Obligation Liabilities Incurred AssetRetirementObligationLiabilitiesIncurred	481296	USD
CY2014	us-gaap	Asset Retirement Obligation Liabilities Incurred AssetRetirementObligationLiabilitiesIncurred	2022445	USD
CY2013	us-gaap	Asset Retirement Obligation Liabilities Settled AssetRetirementObligationLiabilitiesSettled	60544	USD
CY2014	us-gaap	Asset Retirement Obligation Liabilities Settled AssetRetirementObligationLiabilitiesSettled	39316	USD
CY2014	rei	Asset Retirement Obligation Liabilities Acquired AssetRetirementObligationLiabilitiesAcquired	575977	USD
CY2015	us-gaap	Depletion Of Oil And Gas Properties DepletionOfOilAndGasProperties	14889487	USD
CY2014	us-gaap	Depletion Of Oil And Gas Properties DepletionOfOilAndGasProperties	11680537	USD
CY2013	us-gaap	Depletion Of Oil And Gas Properties DepletionOfOilAndGasProperties	2223477	USD
CY2015Q4	us-gaap	Fair Value Concentration Of Risk Cash And Cash Equivalents FairValueConcentrationOfRiskCashAndCashEquivalents	4181350	USD
CY2015	us-gaap	Depreciation Depreciation	286304	USD
CY2014	us-gaap	Depreciation Depreciation	127257	USD
CY2013	us-gaap	Depreciation Depreciation	60614	USD
CY2015	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	2860147	USD
CY2015	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1 ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1	P5Y
CY2015	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross	2348250	shares
CY2015Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	2881150	shares
CY2015	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	P7Y3M22D
CY2015Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber	1214000	shares
CY2015Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant	1874250	shares
CY2015	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Award Vesting Rights Percentage SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage	0.2	pure
CY2015Q4	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions	4259234	USD
CY2015	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1	P2Y6M
CY2015Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue	7149300	USD
CY2015Q4	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1	4170000	USD
CY2015Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Per Share Weighted Average Price Of Shares Purchased ShareBasedCompensationArrangementByShareBasedPaymentAwardPerShareWeightedAveragePriceOfSharesPurchased	7.05
CY2015	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue	476642	USD
CY2014	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue	2159330	USD
CY2013	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue	149000	USD
CY2015	rei	Leverage Ratio Total LeverageRatioTotal	4.0 to 1.0
CY2015	rei	Minimum Leverage Ratio Current MinimumLeverageRatioCurrent	1.0 to 1.0
CY2015	us-gaap	Debt Instrument Redemption Description DebtInstrumentRedemptionDescription	The Borrowing Base will be redetermined semi-annually on each May 1 and November 1, beginning November 1, 2015
CY2015	rei	Depletion Rate Per Barrel Of Oil Equivalents DepletionRatePerBarrelOfOilEquivalents	20.03
CY2014	rei	Depletion Rate Per Barrel Of Oil Equivalents DepletionRatePerBarrelOfOilEquivalents	25.20
CY2013	rei	Depletion Rate Per Barrel Of Oil Equivalents DepletionRatePerBarrelOfOilEquivalents	20.27
CY2015Q4	us-gaap	Operating Leases Future Minimum Payments Due Current OperatingLeasesFutureMinimumPaymentsDueCurrent	574803	USD
CY2015Q4	us-gaap	Operating Leases Future Minimum Payments Due In Two Years OperatingLeasesFutureMinimumPaymentsDueInTwoYears	547235	USD
CY2015Q4	us-gaap	Operating Leases Future Minimum Payments Due In Three Years OperatingLeasesFutureMinimumPaymentsDueInThreeYears	71700	USD
CY2015Q4	us-gaap	Deferred Tax Assets Liabilities Net Noncurrent DeferredTaxAssetsLiabilitiesNetNoncurrent	64323	USD
CY2014Q4	us-gaap	Deferred Tax Assets Liabilities Net Noncurrent DeferredTaxAssetsLiabilitiesNetNoncurrent	0	USD
CY2015	us-gaap	Impairment Of Oil And Gas Properties ImpairmentOfOilAndGasProperties	9312203	USD
CY2015	us-gaap	Line Of Credit Facility Interest Rate Description LineOfCreditFacilityInterestRateDescription	The annual interest rate on each Base Rate Loan is (a) the greatest of (i) the Administrative Agents prime lending rate, (ii) the federal funds rate plus 0.5% per annum or the (iii) adjusted LIBOR determined on a daily basis for an interest period of one-month, plus 1.00% per annum, plus (b) a margin between 2.75% and 3.75% (depending on the then-current level of borrowing base usage).
CY2013	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	52000	USD
CY2015Q4	us-gaap	Line Of Credit Facility Maximum Borrowing Capacity LineOfCreditFacilityMaximumBorrowingCapacity	100000000	USD
CY2015	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	60000	USD
CY2014	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	60000	USD

Files In Submission

Name	View Source	Status
0001144204-16-088170-index-headers.html	Edgar Link	pending
0001144204-16-088170-index.html	Edgar Link	pending
0001144204-16-088170.txt	Edgar Link	pending
0001144204-16-088170-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
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R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
rei-20151231.xml	Edgar Link	completed
rei-20151231.xsd	Edgar Link	pending
rei-20151231_cal.xml	Edgar Link	unprocessable
rei-20151231_def.xml	Edgar Link	unprocessable
rei-20151231_lab.xml	Edgar Link	unprocessable
rei-20151231_pre.xml	Edgar Link	unprocessable
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
t1ex23-3.jpg	Edgar Link	pending
t1ex99-1.jpg	Edgar Link	pending
t1ex99-2.jpg	Edgar Link	pending
t2ex99-1.jpg	Edgar Link	pending
t2ex99-2.jpg	Edgar Link	pending
tex23-2sig.jpg	Edgar Link	pending
tpg23.jpg	Edgar Link	pending
tpg51.jpg	Edgar Link	pending
v433066_10k.htm	Edgar Link	pending
v433066_ex23-1.htm	Edgar Link	pending
v433066_ex23-2.htm	Edgar Link	pending
v433066_ex23-3.htm	Edgar Link	pending
v433066_ex31-1.htm	Edgar Link	pending
v433066_ex31-2.htm	Edgar Link	pending
v433066_ex32-1.htm	Edgar Link	pending
v433066_ex32-2.htm	Edgar Link	pending
v433066_ex99-1.htm	Edgar Link	pending
v433066_ex99-2.htm	Edgar Link	pending

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$REI
RING ENERGY, INC. Stock $rei

2014 Q4 Form 10-K Financial Statement

#000114420416088170 Filed on March 15, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$REI RING ENERGY, INC. Stock $rei

2014 Q4 Form 10-K Financial Statement

#000114420416088170 Filed on March 15, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$REI
RING ENERGY, INC. Stock $rei