Condensed Consolidated Balance Sheets - Unaudited - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Current assets
Cash	$ 209,705	$ 212,884
Restricted cash	14,604	1,258
Accounts receivable
Oil and natural gas revenues	40,423	34,154
Joint interest billings	27,945	19,347
Other	7,077	5,167
Derivative instruments	1,715	0
Lease and well equipment inventory	2,929	3,045
Prepaid expenses and other assets	5,578	3,327
Total current assets	309,976	279,182
Oil and natural gas properties, full-cost method
Evaluated	2,531,559	2,408,305
Unproved and unevaluated	564,813	479,736
Other property and equipment	175,139	160,795
Less accumulated depletion, depreciation and amortization	(1,898,296)	(1,864,311)
Net property and equipment	1,373,215	1,184,525
Derivative instruments	2,283	0
Other assets	919	958
Total other assets	3,202	958
Total assets	1,686,393	1,464,665
Current liabilities
Accounts payable	5,266	4,674
Accrued liabilities	111,492	101,460
Royalties payable	30,972	23,988
Amounts due to affiliates	2,515	8,651
Derivative instruments	8,321	24,203
Advances from joint interest owners	2,956	1,700
Amounts due to joint ventures	5,162	4,251
Other current liabilities	621	578
Total current liabilities	167,305	169,505
Long-term liabilities
Senior unsecured notes payable	573,968	573,924
Asset retirement obligations	21,482	19,725
Amounts due to joint ventures	0	751
Derivative instruments	860	1,771
Other long-term liabilities	7,282	7,544
Total long-term liabilities	603,592	603,715
Commitments and contingencies
Shareholders’ equity
Common stock - $0.01 par value, 120,000,000 shares authorized; 100,203,648 and 99,518,764 shares issued; and 100,135,608 and 99,511,931 shares outstanding, respectively	1,002	995
Additional paid-in capital	1,444,263	1,325,481
Accumulated deficit	(592,367)	(636,351)
Treasury stock, at cost, 68,040 and 6,833 shares, respectively	633	0
Total Matador Resources Company shareholders’ equity	852,265	690,125
Non-controlling interest in subsidiaries	63,231	1,320
Total shareholders’ equity	915,496	691,445
Total liabilities and shareholders’ equity	$ 1,686,393	$ 1,464,665