Condensed Consolidated Statement of Shareholders’ Equity (Unaudited) - 9 months ended Sep. 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 |
Retained Earnings (Accumulated Deficit) |
Total Shareholders’ Equity |
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 | $ 1 | (1) | |||||||||||
| Restricted stock issued (in shares) | 841,443 | 841,443 | |||||||||||
| Restricted stock forfeited (in shares) | (8,788) | (8,788) | |||||||||||
| 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) | ||||||||||
| Stock-based compensation | 9,420 | 9,420 | 9,420 | ||||||||||
| Change in equity due to issuance of shares by Centennial Resource Production, LLC | (2,682) | (2,682) | 2,682 | ||||||||||
| Net income (loss) | 50,165 | 45,032 | 45,032 | 5,133 | |||||||||
| Common shares outstanding at end of period (in shares) at Sep. 30, 2017 | 256,670,839 | 19,155,921 | 257,760,000 | ||||||||||
| Balance at end of period at Sep. 30, 2017 | $ 2,946,037 | $ 26 | $ 2 | $ 0 | $ 0 | $ 2,704,298 | $ 36,103 | $ 2,740,429 | $ 205,608 | ||||
| Preferred shares outstanding at end of period (in shares) at Sep. 30, 2017 | 1 | 0 | 0 | 0 |