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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash $ 5,785 $ 376
Accounts receivable:    
Oil, natural gas, and natural gas liquids revenues 13,464 13,683
Joint interest billings and other, net of allowance of $133 and $134 at June 30, 2019 and December 31, 2018, respectively 8,870 4,166
Derivative asset 8,578 43,888
Prepaid expenses and other current assets 6,692 1,443
Total current assets 43,389 63,556
Oil and gas properties, successful efforts method:    
Proved properties 823,266 755,443
Unproved properties 272,007 266,140
Land 5,382 5,382
Total oil and gas properties 1,100,655 1,026,965
Accumulated depreciation, depletion and amortization (155,085) (127,256)
Net oil and gas properties 945,570 899,709
Other noncurrent assets:    
Goodwill 17,620 17,620
Office and other equipment, net of accumulated depreciation and amortization of $2,857 and $2,490 at June 30, 2019 and December 31, 2018, respectively 1,350 662
Derivative asset 6,934 21,121
Operating lease right-of-use assets 870  
Other noncurrent assets 1,615 1,640
TOTAL ASSETS 1,017,348 1,004,308
Current liabilities:    
Accounts payable 21,497 26,452
Revenues and royalties payable 24,904 28,748
Accrued expenses 21,260 22,406
Asset retirement obligation 410 557
Advances 9,647 3,174
Derivative liability 176 528
Operating lease liabilities 507  
Finance lease liabilities 318  
Total current liabilities 78,719 81,865
Noncurrent liabilities:    
Long-term debt 110,000 78,828
Deferred tax liability 13,642 13,489
Asset retirement obligation 1,771 1,672
Derivative liability 1,099 1,891
Operating lease liabilities 394  
Finance lease liabilities 160  
Other noncurrent liabilities 0 71
Total noncurrent liabilities 127,066 95,951
Commitments and Contingencies (Note 12)
Equity:    
Preferred stock, $0.001 par value, 20,000,000 shares authorized; none issued or outstanding 0 0
Additional paid-in capital 521,361 517,073
Accumulated deficit (190,857) (182,497)
Total Earthstone Energy, Inc. equity 330,568 334,640
Noncontrolling interest 480,995 491,852
Total equity 811,563 826,492
TOTAL LIABILITIES AND EQUITY 1,017,348 1,004,308
Class A Common Stock    
Equity:    
Common stock 29 29
Class B Common Stock    
Equity:    
Common stock $ 35 $ 35