XML 17 R5.htm IDEA: XBRL DOCUMENT v3.23.2
Condensed Consolidated Statements of Equity (Unaudited) - USD ($)
$ in Thousands
Total
Total Earthstone Energy, Inc. Equity
Common Stock
Class A Common Stock
Common Stock
Class B Common Stock
Additional Paid-in Capital
Retained Earnings
Noncontrolling Interest
Preferred Stock
Series A Convertible Preferred Stock
Beginning balance (in shares) at Dec. 31, 2021     53,467,307 34,344,532       0
Beginning balance at Dec. 31, 2021 $ 1,046,261 $ 558,494 $ 53 $ 34 $ 718,181 $ (159,774) $ 487,767 $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Stock-based compensation expense 2,301 2,301     2,301      
Shares issued in connection with Acquisition (in shares)     19,417,476          
Shares issued in connection with Acquisition 249,515 249,515 $ 19   249,496      
Vesting of restricted stock units, net of taxes paid (in shares)     483,251          
Vesting of restricted stock units, net of taxes paid 0   $ 1   (1)      
Class A Shares retained by the Company in exchange for payment of recipient mandatory tax withholdings (in shares)     286,892          
Class A Shares retained by the Company in exchange for payment of recipient mandatory tax withholdings (3,898) (3,898)     (3,898)      
Cancellation of treasury shares (in shares)     (286,892)          
Class B Common Stock converted to Class A Common Stock (in shares)     72,766 72,766        
Class B Common Stock converted to Class A Common Stock 0 1,014     1,014   (1,014)  
Net income (loss) (51,877) (33,478)       (33,478) (18,399)  
Ending balance (in shares) at Mar. 31, 2022     73,440,800 34,271,766       0
Ending balance at Mar. 31, 2022 1,242,302 773,948 $ 73 $ 34 967,093 (193,252) 468,354 $ 0
Beginning balance (in shares) at Dec. 31, 2021     53,467,307 34,344,532       0
Beginning balance at Dec. 31, 2021 1,046,261 558,494 $ 53 $ 34 718,181 (159,774) 487,767 $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 166,148              
Ending balance (in shares) at Jun. 30, 2022     79,217,423 34,261,641       280,000
Ending balance at Jun. 30, 2022 1,819,384 1,278,039 $ 79 $ 34 1,326,293 (48,367) 541,345 $ 0
Beginning balance (in shares) at Mar. 31, 2022     73,440,800 34,271,766       0
Beginning balance at Mar. 31, 2022 1,242,302 773,948 $ 73 $ 34 967,093 (193,252) 468,354 $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Stock-based compensation expense 2,693 2,693     2,693      
Issuance of Series A Convertible Preferred Stock, net of offering costs (in shares)               280,000
Issuance of Series A Convertible Preferred Stock, net of offering costs 279,326 279,326     279,326      
Shares issued in connection with Acquisition (in shares)     5,650,977          
Shares issued in connection with Acquisition 77,757 77,757 $ 6   77,751      
Vesting of restricted stock units, net of taxes paid (in shares)     115,521          
Class A Shares retained by the Company in exchange for payment of recipient mandatory tax withholdings (in shares)     48,232          
Class A Shares retained by the Company in exchange for payment of recipient mandatory tax withholdings (719) (719)     (719)      
Cancellation of treasury shares (in shares)     (48,232)          
Class B Common Stock converted to Class A Common Stock (in shares)     10,125 10,125        
Class B Common Stock converted to Class A Common Stock 0 149     149   (149)  
Net income (loss) 218,025 144,885       144,885 73,140  
Ending balance (in shares) at Jun. 30, 2022     79,217,423 34,261,641       280,000
Ending balance at Jun. 30, 2022 1,819,384 1,278,039 $ 79 $ 34 1,326,293 (48,367) 541,345 $ 0
Beginning balance (in shares) at Dec. 31, 2022     105,547,139 34,259,641       0
Beginning balance at Dec. 31, 2022 2,324,017 1,639,314 $ 106 $ 34 1,346,463 292,711 684,703 $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Stock-based compensation expense 3,844 3,844     3,844      
Vesting of restricted stock units, net of taxes paid (in shares)     756,429          
Class A Shares retained by the Company in exchange for payment of recipient mandatory tax withholdings (in shares)     460,473          
Class A Shares retained by the Company in exchange for payment of recipient mandatory tax withholdings (6,342) (6,342)     (6,342)      
Cancellation of treasury shares (in shares)     (460,473)          
Net income (loss) 86,211 60,548       60,548 25,663  
Ending balance (in shares) at Mar. 31, 2023     106,303,568 34,259,641       0
Ending balance at Mar. 31, 2023 2,407,730 1,697,364 $ 106 $ 34 1,343,965 353,259 710,366 $ 0
Beginning balance (in shares) at Dec. 31, 2022     105,547,139 34,259,641       0
Beginning balance at Dec. 31, 2022 2,324,017 1,639,314 $ 106 $ 34 1,346,463 292,711 684,703 $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 168,659              
Ending balance (in shares) at Jun. 30, 2023     106,331,055 34,257,641       0
Ending balance at Jun. 30, 2023 2,491,827 1,757,098 $ 106 $ 34 1,345,657 411,301 734,729 $ 0
Beginning balance (in shares) at Mar. 31, 2023     106,303,568 34,259,641       0
Beginning balance at Mar. 31, 2023 2,407,730 1,697,364 $ 106 $ 34 1,343,965 353,259 710,366 $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Stock-based compensation expense 3,937 3,937     3,937      
Vesting of restricted stock units, net of taxes paid (in shares)     131,381          
Class A Shares retained by the Company in exchange for payment of recipient mandatory tax withholdings (in shares)     56,683          
Class A Shares retained by the Company in exchange for payment of recipient mandatory tax withholdings (799) (799)     (799)      
Cancellation of treasury shares (in shares)     (56,683)          
Class B Common Stock converted to Class A Common Stock (in shares)     2,000 2,000        
Class B Common Stock converted to Class A Common Stock 0 43     43   (43)  
Settlement of Chisholm escrow shares (in shares)     (105,894)          
Settlement of Chisholm escrow shares (1,489) (1,489)     (1,489)      
Net income (loss) 82,448 58,042       58,042 24,406  
Ending balance (in shares) at Jun. 30, 2023     106,331,055 34,257,641       0
Ending balance at Jun. 30, 2023 $ 2,491,827 $ 1,757,098 $ 106 $ 34 $ 1,345,657 $ 411,301 $ 734,729 $ 0