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Equity (Deficit) (Tables)
12 Months Ended
Dec. 31, 2020
Equity And Distributions [Line Items]  
Summary of Changes in Number of Outstanding Common Units and Shares of Common Stock The following table summarizes the changes in the number of outstanding common units and shares of common stock:

 

Common Shares

 

Balance, December 31, 2018

 

22,181,881

 

Issuance of common stock

 

 

Restricted stock units vested

 

412,938

 

Repurchase of common shares (1)

 

(120,163

)

Common stock repurchased and retired under share repurchase program

 

(169,400

)

Balance, June 30, 2019

 

22,305,256

 

Restricted stock units vested

 

38,181

 

Repurchase of common shares (1)

 

(9,427

)

Balance, August 5, 2019

 

22,334,010

 

Ratio to convert Amplify shares

 

0.933

 

Common stock issued to Legacy Amplify stockholders

 

20,837,633

 

Midstates stock outstanding and acquired with the Merger

 

20,415,005

 

Treasury shares acquired from the Merger

 

205,861

 

Restricted stock units vested

 

682,552

 

Repurchase of common shares (1)

 

(31,697

)

Common stock repurchased and retired under share repurchase program

 

(4,195,247

)

Cancelation and retirement of shares

 

(347,567

)

Balance, December 31, 2019

 

37,566,540

 

Issuance of common stock

 

 

Restricted stock units vested

 

132,237

 

Repurchase of common shares (1)

 

(35,268

)

Balance, December 31, 2020

 

37,663,509

 

 

 

(1)

Represents the net settlement on vesting of restricted stock necessary to satisfy the minimum statutory tax withholding requirements.

 

Warrants [Member]  
Equity And Distributions [Line Items]  
Summary of Assumptions used to Estimate the Fair Value

The fair values for the warrants upon issuance on the Effective Date have been estimated using the Black-Scholes option pricing model using the following assumptions:

 

 

Warrants Issued in

 

 

Successor Period

 

Risk-free interest rate

 

2.06

%

Dividend yield

 

 

Expected life (in years)

 

5.0

 

Expected volatility

 

50.0

%

Strike Price

$

42.60

 

Calculated fair value

$

2.20