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Condensed Consolidated Statement of Shareholders’ Equity (Unaudited) Statement - 6 months ended Jun. 30, 2017 - USD ($)
$ in Thousands
Total
Common Stock Class A
Common Stock Class C
Series A Preferred Stock
Series B Preferred Stock
Common Stock
Common Stock Class A
Common Stock
Common Stock Class C
Preferred Stock
Series A Preferred Stock
Preferred Stock
Series B Preferred Stock
Additional Paid-In Capital
Additional Paid-In Capital
Common Stock Class A
(Accumulated Deficit) Retained Earnings
Total Shareholders’ Equity
Total Shareholders’ Equity
Common Stock Class A
Noncontrolling Interest
Common shares outstanding at beginning of period (in shares) at Dec. 31, 2016   200,835,049 19,155,921     201,092,000 19,156,000                
Balance at beginning of period at Dec. 31, 2016 $ 2,552,935         $ 20 $ 2 $ 0 $ 0 $ 2,364,049   $ (8,929) $ 2,355,142   $ 197,793
Preferred shares outstanding at beginning of period (in shares) at Dec. 31, 2016       1 104,400     0 104,000            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Warrants exercised (in shares)           6,236,000                  
Warrants exercised 0         $ 1       (1)          
Restricted stock issued (in shares)           324,000                  
Restricted stock forfeited (in shares)           (7,000)                  
Conversion of class b preferred to class a common (in shares)           26,100,000     (104,000)            
Conversion of class b preferred to class a common           $ 3       (3)          
Sale of unregistered class a common shares (in shares)           23,500,000                  
Sale of unregistered class a common shares   $ 340,750       $ 2         $ 340,748     $ 340,750  
Underwriters discount and offering costs (7,233)                 (7,233)     (7,233)    
Equity based compensation 5,595                 5,595     5,595    
Change in equity due to issuance of shares by Centennial Resource Production, LLC 0                 (2,682)     (2,682)   2,682
Net income (loss) 33,905                     30,585 30,585   3,320
Common shares outstanding at end of period (in shares) at Jun. 30, 2017   256,670,839 19,155,921     257,245,000                  
Balance at end of period at Jun. 30, 2017 $ 2,925,952         $ 26 $ 2 $ 0 $ 0 $ 2,700,473   $ 21,656 $ 2,722,157   $ 203,795
Preferred shares outstanding at end of period (in shares) at Jun. 30, 2017       1 0     0 0