Consolidated and Combined Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended 12 Months Ended
Dec. 31, 2016
Oct. 10, 2016
Dec. 31, 2015
Dec. 31, 2014
Successor        
Revenues        
Oil sales $ 24,313      
Natural gas sales 3,449      
NGL sales 1,955      
Total revenues 29,717      
Operating expenses        
Lease operating expenses 3,541      
Severance and ad valorem taxes 1,636      
Transportation, processing, gathering and other operating expense 2,187      
Depreciation, depletion, amortization and accretion of asset retirement obligations 14,877      
Abandonment expense and impairment of unproved properties 0      
Exploration 844      
Contract termination and rig stacking 0      
General and administrative expenses 13,715      
Incentive unit compensation 0      
Total operating expenses 36,800      
Gain (loss) on sale of oil and natural gas properties 24      
Total operating loss (7,059)      
Other (expense) income        
Interest expense (378)      
Gain (loss) on derivative instruments (1,548)      
Other (expense) income 0      
Total other (expense) income (1,926)      
(Loss) income before income taxes (8,985)      
Income tax benefit (expense) 0      
Net (loss) income (8,985)      
Less net loss attributable to noncontrolling interest (904)      
Net (loss) income attributable to Centennial Resource Development, Inc. $ (8,081)      
Loss per share:        
Loss per share, basic (in dollars per share) $ (0.05)      
Loss per share, diluted (in dollars per share) $ (0.05)      
Predecessor        
Revenues        
Oil sales   $ 59,787 $ 77,643 $ 114,955
Natural gas sales   6,045 7,965 9,670
NGL sales   3,284 4,852 7,200
Total revenues   69,116 90,460 131,825
Operating expenses        
Lease operating expenses   11,036 21,173 17,690
Severance and ad valorem taxes   3,696 5,021 6,875
Transportation, processing, gathering and other operating expense   4,583 5,732 4,772
Depreciation, depletion, amortization and accretion of asset retirement obligations   62,964 90,084 69,110
Abandonment expense and impairment of unproved properties   2,545 7,619 20,025
Exploration   0 84 0
Contract termination and rig stacking   0 2,387 0
General and administrative expenses   25,581 14,206 31,694
Incentive unit compensation   165,394 0 0
Total operating expenses   275,799 146,306 150,166
Gain (loss) on sale of oil and natural gas properties   11 2,439 (2,096)
Total operating loss   (206,672) (53,407) (20,437)
Other (expense) income        
Interest expense   (5,626) (6,266) (2,475)
Gain (loss) on derivative instruments   (6,838) 20,756 41,943
Other (expense) income   6 20 281
Total other (expense) income   (12,458) 14,510 39,749
(Loss) income before income taxes   (219,130) (38,897) 19,312
Income tax benefit (expense)   406 572 (1,524)
Net (loss) income   (218,724) (38,325) 17,788
Less net loss attributable to noncontrolling interest   0 0 (2)
Net (loss) income attributable to Centennial Resource Development, Inc.   $ (218,724) $ (38,325) $ 17,790