Net Income (Loss) Per Common Share (Tables)

12 Months Ended

Dec. 31, 2021

Earnings Per Share [Abstract]

Schedule of Reconciliation of Net Loss Per Common Share

A reconciliation of Net income (loss) per common share is as follows:

	Years Ended December 31,
(In thousands, except per share amounts)	2021		2020		2019
Net income (loss) attributable to Earthstone Energy, Inc.	$	35,484	$	(13,547)	$	719
Net income (loss) per common share attributable to Earthstone Energy, Inc.:
Basic	$	0.75	$	(0.45)	$	0.02
Diluted	$	0.71	$	(0.45)	$	0.02
Weighted average common shares outstanding
Basic	47,169,948		29,911,625		28,983,354
Add potentially dilutive securities:
Unvested restricted stock units	539,803		—		—
Unvested performance units	2,242,342		—		377,531
Diluted weighted average common shares outstanding	49,952,093		29,911,625		29,360,885