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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
REVENUES    
Revenues $ 40,728 $ 40,895
OPERATING COSTS AND EXPENSES    
Lease operating expense 6,667 4,657
Severance taxes 1,988 2,037
Depreciation, depletion and amortization 14,005 9,708
General and administrative expense 7,270 6,579
Transaction costs 175 0
Accretion of asset retirement obligation 54 41
Total operating costs and expenses 30,159 23,022
(Loss) gain on sale of oil and gas properties (125) 449
Income from operations 10,444 18,322
OTHER INCOME (EXPENSE)    
Interest expense, net (1,449) (613)
Loss on derivative contracts, net (47,894) (5,275)
Other income (expense), net (4) 6
Total other income (expense) (49,347) (5,882)
(Loss) income before income taxes (38,903) 12,440
Income tax benefit (expense) 460 (249)
Net (loss) income (38,443) 12,191
Net loss attributable to noncontrolling interest (21,239) 6,870
Net (loss) income attributable to Earthstone Energy, Inc. $ (17,204) $ 5,321
Net (loss) income per common share attributable to Earthstone Energy, Inc.:    
Basic (in dollars per share) $ (0.60) $ 0.19
Diluted (in dollars per share) $ (0.60) $ 0.19
Weighted average common shares outstanding:    
Basic (in shares) 28,719,542 27,783,805
Diluted (in shares) 28,719,542 27,911,924
Oil    
REVENUES    
Revenues $ 35,447 $ 34,417
Natural gas    
REVENUES    
Revenues 1,094 2,684
Natural gas liquids    
REVENUES    
Revenues $ 4,187 $ 3,794