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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash $ 376 $ 22,955
Accounts receivable:    
Oil, natural gas, and natural gas liquids revenues 13,683 14,978
Joint interest billings and other, net of allowance of $134 and $138 at December 31, 2018 and 2017, respectively 4,166 7,778
Derivative asset 43,888 184
Prepaid expenses and other current assets 1,443 1,178
Total current assets 63,556 47,073
Oil and gas properties, successful efforts method:    
Proved properties 755,443 605,039
Unproved properties 266,140 275,025
Land 5,382 5,534
Total oil and gas properties 1,026,965 885,598
Accumulated depreciation, depletion and amortization (127,256) (118,028)
Net oil and gas properties 899,709 767,570
Other noncurrent assets:    
Goodwill 17,620 17,620
Office and other equipment, net of accumulated depreciation of $2,490 and $2,093 at December 31, 2018 and 2017, respectively 662 947
Derivative asset 21,121 0
Other noncurrent assets 1,640 1,207
TOTAL ASSETS 1,004,308 834,417
Current liabilities:    
Accounts payable 26,452 33,472
Revenues and royalties payable 28,748 10,288
Accrued expenses 22,406 8,707
Asset retirement obligation 557 0
Derivative liability 528 11,805
Advances 3,174 4,587
Total current liabilities 81,865 68,859
Noncurrent liabilities:    
Long-term debt 78,828 25,000
Asset retirement obligation 1,672 2,354
Derivative liability 1,891 1,826
Deferred tax liability 13,489 10,515
Other noncurrent liabilities 71 131
Total noncurrent liabilities 95,951 39,826
Commitments and Contingencies (Note 16)
Equity:    
Preferred stock, $0.001 par value, 20,000,000 shares authorized; none issued or outstanding 0 0
Additional paid-in capital 517,073 503,932
Accumulated deficit (182,497) (224,822)
Total Earthstone Energy, Inc. equity 334,640 279,174
Noncontrolling interest 491,852 446,558
Total equity 826,492 725,732
TOTAL LIABILITIES AND EQUITY 1,004,308 834,417
Class A Common Stock    
Equity:    
Common stock 29 28
Class B Common Stock    
Equity:    
Common stock $ 35 $ 36