Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Current assets:
Cash	$ 5,101	$ 13,822
Accounts receivable:
Oil, natural gas, and natural gas liquids revenues	10,845	29,047
Joint interest billings and other, net of allowance of $80 and $83 at March 31, 2020 and December 31, 2019, respectively	11,094	6,672
Derivative asset	72,017	8,860
Prepaid expenses and other current assets	1,597	1,867
Total current assets	100,654	60,268
Oil and gas properties, successful efforts method:
Proved properties	991,209	970,808
Unproved properties	238,477	260,271
Land	5,382	5,382
Total oil and gas properties	1,235,068	1,236,461
Accumulated depreciation, depletion and amortization	(219,823)	(195,567)
Net oil and gas properties	1,015,245	1,040,894
Other noncurrent assets:
Goodwill	0	17,620
Office and other equipment, net of accumulated depreciation and amortization of $3,307 and $3,180 at March 31, 2020 and December 31, 2019, respectively	1,271	1,311
Derivative asset	20,769	770
Operating lease right-of-use assets	3,092	3,108
Other noncurrent assets	1,490	1,572
TOTAL ASSETS	1,142,521	1,125,543
Current liabilities:
Accounts payable	24,010	25,284
Revenues and royalties payable	41,455	35,815
Accrued expenses	25,495	19,538
Asset retirement obligation	308	308
Derivative liability	0	6,889
Advances	2,690	11,505
Operating lease liabilities	759	570
Finance lease liabilities	153	206
Other current liabilities	14	43
Total current liabilities	94,884	100,158
Noncurrent liabilities:
Long-term debt	152,000	170,000
Deferred tax liability	16,246	15,154
Asset retirement obligation	1,911	1,856
Operating lease liabilities	2,333	2,539
Finance lease liabilities	62	85
Other noncurrent liabilities	139	0
Total noncurrent liabilities	172,691	189,634
Commitments and Contingencies (Note 13)
Equity:
Preferred stock, $0.001 par value, 20,000,000 shares authorized; none issued or outstanding	0	0
Additional paid-in capital	532,623	527,246
Accumulated deficit	(165,003)	(181,711)
Total Earthstone Energy, Inc. equity	367,685	345,599
Noncontrolling interest	507,261	490,152
Total equity	874,946	835,751
TOTAL LIABILITIES AND EQUITY	1,142,521	1,125,543
Class A Common Stock
Equity:
Common stock	30	29
Class B Common Stock
Equity:
Common stock	$ 35	$ 35