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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash $ 11,058 $ 22,955
Accounts receivable:    
Oil, natural gas, and natural gas liquids revenues 17,241 14,978
Joint interest billings and other, net of allowance of $138 at March 31, 2018 and December 31, 2017 19,732 7,778
Derivative asset 213 184
Prepaid expenses and other current assets 1,382 1,178
Total current assets 49,626 47,073
Oil and gas properties, successful efforts method:    
Proved properties 627,252 605,039
Unproved properties 275,067 275,025
Land 5,382 5,534
Total oil and gas properties 907,701 885,598
Accumulated depreciation, depletion and amortization (127,628) (118,028)
Net oil and gas properties 780,073 767,570
Other noncurrent assets:    
Goodwill 17,620 17,620
Office and other equipment, net of accumulated depreciation of $2,196 and $2,093 at March 31, 2018 and December 31 2017, respectively 854 947
Derivative asset 103 0
Other noncurrent assets 1,140 1,207
TOTAL ASSETS 849,416 834,417
Current liabilities:    
Accounts payable 4,261 33,472
Revenues and royalties payable 18,883 10,288
Accrued expenses 10,024 8,707
Advances 19,418 4,587
Derivative liability 12,483 11,805
Total current liabilities 65,069 68,859
Noncurrent liabilities:    
Long-term debt 30,000 25,000
Deferred tax liability 10,764 10,515
Asset retirement obligation 1,777 2,354
Derivative liability 2,280 1,826
Other noncurrent liabilities 129 131
Total noncurrent liabilities 44,950 39,826
Commitments and Contingencies
Equity:    
Preferred stock, $0.001 par value, 20,000,000 shares authorized; none issued or outstanding 0 0
Additional paid-in capital 507,815 503,932
Accumulated deficit (219,501) (224,822)
Total Earthstone Energy, Inc. equity 288,378 279,174
Noncontrolling interest 451,019 446,558
Total equity 739,397 725,732
TOTAL LIABILITIES AND EQUITY 849,416 834,417
Class A Common Stock    
Equity:    
Common stock 28 28
Class B Common Stock    
Equity:    
Common stock $ 36 $ 36