Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2018

Accounting Policies [Abstract]

Disaggregation of Revenue

As a result of adoption of this standard, the Company is now required to disclose the following information regarding total revenues and revenues from contracts with customers on a disaggregated basis for the year ended December 31, 2018 (in thousands).

	Year Ended  December 31, 2018
Revenues from contracts with customers	$	829,691
Lease bonus - mineral acreage	2,489
Realized gain on derivatives	2,334
Unrealized gain on derivatives	65,085
Total revenues	$	899,599

	Year Ended  December 31, 2018
Oil revenues	$	635,554
Natural gas revenues	165,146
Third-party midstream services revenues	21,920
Sales of purchased natural gas	7,071
Total revenues from contracts with customers	$	829,691

Reconciliations of basic and diluted distributed and undistributed earnings (loss) per common share

The following are reconciliations of the numerators and denominators used to compute the Company’s basic and diluted earnings per common share as reported for the years ended December 31, 2018, 2017 and 2016 (in thousands, except per share data).

	Year Ended December 31,
	2018		2017		2016
Net income (loss) attributable to Matador Resources Company shareholders — numerator	$	274,207	$	125,867	$	(97,421	)
Weighted average common shares outstanding — denominator
Basic	113,580		102,029		91,273
Dilutive effect of options and restricted stock units	111		514		—
Diluted weighted average common shares outstanding	113,691		102,543		91,273
Earnings (loss) per common share attributable to Matador Resources Company shareholders
Basic	$	2.41	$	1.23	$	(1.07	)
Diluted	$	2.41	$	1.23	$	(1.07	)