Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Current assets
Cash and cash equivalents	$ 54,874	$ 134,083
Accounts receivable, net	23,322	14,734
Derivative instruments	869	431
Prepaid and other current assets	1,991	2,078
Total current assets	81,056	151,326
Oil and natural gas properties, successful efforts method
Unproved properties	1,874,454	1,905,661
Proved properties	734,283	605,853
Accumulated depreciation, depletion and amortization	(40,061)	(14,436)
Total oil and natural gas properties, net	2,568,676	2,497,078
Other property and equipment, net	2,915	2,193
Total property and equipment, net	2,571,591	2,499,271
Noncurrent assets
Derivative instruments	109	0
Other noncurrent assets	1,000	1,045
Total assets	2,653,756	2,651,642
Current liabilities
Accounts payable and accrued expenses	78,146	86,100
Derivative instruments	1,773	5,361
Total current liabilities	79,919	91,461
Noncurrent liabilities
Revolving credit facility	0	0
Asset retirement obligations	7,585	7,226
Derivative instruments	0	20
Total liabilities	87,504	98,707
Common stock, $0.0001 par value, 620,000,000 shares authorized:
Additional paid-in capital	2,369,504	2,364,049
Retained earnings (accumulated deficit)	894	(8,929)
Total shareholders’ equity	2,370,421	2,355,142
Noncontrolling interest	195,831	197,793
Total equity	2,566,252	2,552,935
Total liabilities and shareholders’ equity	2,653,756	2,651,642
Series A: 1 share issued and outstanding
Preferred stock, $.0001 par value, 1,000,000 shares authorized:
Preferred stock	0	0
Series B: 104,400 shares issued and outstanding
Preferred stock, $.0001 par value, 1,000,000 shares authorized:
Preferred stock	0	0
Class A: 207,593,439 shares issued and 207,068,375 shares outstanding at March 31, 2017 and 201,091,646 shares issued and 200,835,049 shares outstanding at December 31, 2016
Common stock, $0.0001 par value, 620,000,000 shares authorized:
Common stock	21	20
Class C: 19,155,921 shares issued and outstanding
Common stock, $0.0001 par value, 620,000,000 shares authorized:
Common stock	$ 2	$ 2