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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
REVENUES    
Total revenues $ 165,356 $ 108,078
OPERATING COSTS AND EXPENSES    
Lease operating expense 20,522 19,658
Severance taxes 8,060 6,060
Impairment expense 4,581 72,191
Depreciation, depletion and amortization 47,568 36,915
General and administrative expense 28,159 27,067
Transaction costs 13,524 4,732
Accretion of asset retirement obligation 169 434
Exploration expense 630 1
Total operating costs and expenses 123,213 167,058
Gain on sale of oil and gas properties, net 1,919 9,105
Income (loss) from operations 44,062 (49,875)
OTHER INCOME (EXPENSE)    
Interest expense, net (2,898) (2,699)
Write-off of deferred financing costs 0 (526)
Gain (loss) on derivative contracts, net 60,947 (7,986)
Litigation settlement (4,675) 0
Other income (expense), net 247 (20)
Total other income (expense) 53,621 (11,231)
Income (loss) before income taxes 97,683 (61,106)
Income tax (expense) benefit (2,470) 16,373
Net income (loss) 95,213 (44,733)
Less: Net income (loss) attributable to noncontrolling interest 52,888 (32,219)
Net income (loss) attributable to Earthstone Energy, Inc. $ 42,325 $ (12,514)
Net income (loss) per common share attributable to Earthstone Energy, Inc.:    
Basic (in dollars per share) $ 1.50 $ (0.53)
Diluted (in dollars per share) $ 1.50 $ (0.53)
Weighted average common shares outstanding:    
Basic (in shares) 28,153,885 23,589,973
Diluted (in shares) 28,217,774 23,589,973
Oil Revenue    
REVENUES    
Revenues $ 140,775 $ 88,536
Natural Gas (MMcf)    
REVENUES    
Revenues 7,396 8,777
NGLs (MBbl)    
REVENUES    
Revenues $ 17,185 $ 10,765