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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Current assets:    
Cash $ 13,429 $ 22,955
Accounts receivable:    
Oil, natural gas, and natural gas liquids revenues 14,600 14,978
Joint interest billings and other, net of allowance of $111 and $138 at September 30, 2018 and December 31, 2017, respectively 6,047 7,778
Derivative asset 0 184
Prepaid expenses and other current assets 1,440 1,178
Total current assets 35,516 47,073
Oil and gas properties, successful efforts method:    
Proved properties 684,862 605,039
Unproved properties 268,426 275,025
Land 5,382 5,534
Total oil and gas properties 958,670 885,598
Accumulated depreciation, depletion and amortization (115,382) (118,028)
Net oil and gas properties 843,288 767,570
Other noncurrent assets:    
Goodwill 17,620 17,620
Office and other equipment, net of accumulated depreciation of $2,378 and $2,093 at September 30, 2018 and December 31, 2017, respectively 725 947
Other noncurrent assets 1,252 1,207
TOTAL ASSETS 898,401 834,417
Current liabilities:    
Accounts payable 22,234 33,472
Revenues and royalties payable 32,459 10,288
Accrued expenses 14,274 8,707
Advances 2,771 4,587
Derivative liability 23,391 11,805
Total current liabilities 95,129 68,859
Noncurrent liabilities:    
Long-term debt 35,000 25,000
Deferred tax liability 10,634 10,515
Asset retirement obligation 1,635 2,354
Derivative liability 10,019 1,826
Other noncurrent liabilities 1,891 131
Total noncurrent liabilities 59,179 39,826
Commitments and Contingencies (Note 13)
Equity:    
Preferred stock, $0.001 par value, 20,000,000 shares authorized; none issued or outstanding 0 0
Additional paid-in capital 512,960 503,932
Accumulated deficit (218,627) (224,822)
Total Earthstone Energy, Inc. equity 294,397 279,174
Noncontrolling interest 449,696 446,558
Total equity 744,093 725,732
TOTAL LIABILITIES AND EQUITY 898,401 834,417
Class A Common Stock    
Equity:    
Common stock 28 28
Class B Common Stock    
Equity:    
Common stock $ 36 $ 36