Noncontrolling Interest

6 Months Ended

Jun. 30, 2020

Earthstone consolidates the financial results of EEH and its subsidiaries and records a noncontrolling interest for the economic interest in Earthstone held by the members of EEH other than Earthstone and Lynden US. Net (loss) income attributable to noncontrolling interest in the Condensed Consolidated Statements of Operations for the three and six months ended June 30, 2020 and 2019 represents the portion of net (loss) income attributable to the economic interest in the Company held by the members of EEH other than Earthstone and Lynden US. Noncontrolling interest in the Condensed Consolidated Balance Sheets as of June 30, 2020 and December 31, 2019 represents the portion of net assets of the Company attributable to the members of EEH other than Earthstone and Lynden US.

The following table presents the changes in noncontrolling interest for the six months ended June 30, 2020:



	EEH Units Held By Earthstone and Lynden US	%		EEH Units Held By Others		%		Total EEH Units Outstanding
As of December 31, 2019	29,421,131	45.5	%	35,260,680		54.5	%	64,681,811
EEH Units and Class B Common Stock converted to Class A Common Stock	201,993			(201,993	)			—
EEH Units issued in connection with the vesting of restricted stock units	397,233			—				397,233
As of June 30, 2020	30,020,357	46.1	%	35,058,687		53.9	%	65,079,044