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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash $ 9,816 $ 376
Accounts receivable:    
Oil, natural gas, and natural gas liquids revenues 14,990 13,683
Joint interest billings and other, both net of allowance of $134 8,001 4,166
Derivative asset 20,179 43,888
Prepaid expenses and other current assets 2,488 1,443
Total current assets 55,474 63,556
Oil and gas properties, successful efforts method:    
Proved properties 904,323 755,443
Unproved properties 269,417 266,140
Land 5,382 5,382
Total oil and gas properties 1,179,122 1,026,965
Accumulated depreciation, depletion and amortization (168,988) (127,256)
Net oil and gas properties 1,010,134 899,709
Other noncurrent assets:    
Goodwill 17,620 17,620
Office and other equipment, net of accumulated depreciation and amortization of $3,033 and $2,490 at September 30, 2019 and December 31, 2018, respectively 1,350 662
Derivative asset 9,246 21,121
Operating lease right-of-use assets 3,295  
Other noncurrent assets 1,532 1,640
TOTAL ASSETS 1,098,651 1,004,308
Current liabilities:    
Accounts payable 37,405 26,452
Revenues and royalties payable 19,706 28,748
Accrued expenses 35,604 22,406
Asset retirement obligation 420 557
Advances 20,894 3,174
Derivative liability 137 528
Operating lease liabilities 586  
Finance lease liabilities 256  
Total current liabilities 115,008 81,865
Noncurrent liabilities:    
Long-term debt 125,000 78,828
Deferred tax liability 14,217 13,489
Asset retirement obligation 1,833 1,672
Derivative liability 29 1,891
Operating lease liabilities 2,722  
Finance lease liabilities 111  
Other noncurrent liabilities 0 71
Total noncurrent liabilities 143,912 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 523,402 517,073
Accumulated deficit (179,087) (182,497)
Total Earthstone Energy, Inc. equity 344,379 334,640
Noncontrolling interest 495,352 491,852
Total equity 839,731 826,492
TOTAL LIABILITIES AND EQUITY 1,098,651 1,004,308
Class A Common Stock    
Equity:    
Common stock 29 29
Class B Common Stock    
Equity:    
Common stock $ 35 $ 35