XML 16 R5.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Statement of Changes in Shareholders' Equity - Unaudited - USD ($)
$ in Thousands
Total
Common Stock
Additional paid-in capital
Accumulated deficit
Treasury Stock
Total shareholders’ equity attributable to Matador Resources Company
Non-controlling interest in subsidiaries
San Mateo I
San Mateo I
Additional paid-in capital
San Mateo I
Total shareholders’ equity attributable to Matador Resources Company
San Mateo II
San Mateo II
Additional paid-in capital
San Mateo II
Total shareholders’ equity attributable to Matador Resources Company
San Mateo II
Non-controlling interest in subsidiaries
Beginning Balance, shares at Dec. 31, 2018   116,375,000     21,000                  
Beginning balance at Dec. 31, 2018 $ 1,779,657 $ 1,164 $ 1,924,408 $ (236,277) $ (415) $ 1,688,880 $ 90,777              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Issuance of common stock pursuant to directors' and advisors' compensation plan (in shares)   6,000                        
Issuance of common stock pursuant to employee stock compensation plan 0 $ 0 0                      
Issuance of common stock pursuant to directors' and advisors' compensation plan (in shares)   3,000                        
Issuance of common stock pursuant to directors’ and advisors’ compensation plan 0 $ 0 0     0                
Stock-based compensation expense related to equity-based awards including amounts capitalized 5,802   5,802     5,802                
Stock options exercised, net of options forfeited in net share settlements (in shares)   210,000                        
Stock options exercised, net of options forfeited in net share settlements 3,111 $ 2 3,109     3,111                
Restricted stock forfeited (in shares)         184,000                  
Restricted stock forfeited (3,170)       $ (3,170) (3,170)                
Contribution related to formation of property               $ 11,613 $ 11,613 $ 11,613 $ 0 $ (506) $ (506) $ 506
Contributions from non-controlling interest owners of less-than-wholly-owned subsidiaries, net of tax 12,331   2,040     2,040 10,291              
Distributions to non-controlling interest owners of less-than-wholly-owned subsidiaries (8,330)           (8,330)              
Current period net income (9,485)     (16,947)   (16,947) 7,462              
Ending Balance, shares at Mar. 31, 2019   116,594,000     205,000                  
Ending balance at Mar. 31, 2019 1,791,529 $ 1,166 1,946,466 (253,224) $ (3,585) 1,690,823 100,706              
Beginning Balance, shares at Dec. 31, 2018   116,375,000     21,000                  
Beginning balance at Dec. 31, 2018 1,779,657 $ 1,164 1,924,408 (236,277) $ (415) 1,688,880 90,777              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Current period net income 35,587                          
Ending Balance, shares at Jun. 30, 2019   116,866,000     218,000                  
Ending balance at Jun. 30, 2019 1,840,603 $ 1,169 1,955,504 (216,472) $ (3,724) 1,736,477 104,126              
Beginning Balance, shares at Mar. 31, 2019   116,594,000     205,000                  
Beginning balance at Mar. 31, 2019 1,791,529 $ 1,166 1,946,466 (253,224) $ (3,585) 1,690,823 100,706              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Issuance of common stock pursuant to directors' and advisors' compensation plan (in shares)   220,000                        
Issuance of common stock pursuant to employee stock compensation plan 0 $ 2 (2)                      
Issuance of common stock pursuant to directors' and advisors' compensation plan (in shares)   42,000                        
Issuance of common stock pursuant to directors’ and advisors’ compensation plan 0 $ 1 (1)     0                
Stock-based compensation expense related to equity-based awards including amounts capitalized 5,762   5,762     5,762                
Stock options exercised, net of options forfeited in net share settlements (in shares)   10,000                        
Stock options exercised, net of options forfeited in net share settlements 189 $ 0 189     189                
Restricted stock forfeited (in shares)         13,000                  
Restricted stock forfeited (139)       $ (139) (139)                
Contributions from non-controlling interest owners of less-than-wholly-owned subsidiaries, net of tax 7,500   3,090     3,090 4,410              
Distributions to non-controlling interest owners of less-than-wholly-owned subsidiaries (9,310)           (9,310)              
Current period net income 45,072     36,752   36,752 8,320              
Ending Balance, shares at Jun. 30, 2019   116,866,000     218,000                  
Ending balance at Jun. 30, 2019 $ 1,840,603 $ 1,169 1,955,504 (216,472) $ (3,724) 1,736,477 104,126              
Beginning Balance, shares at Dec. 31, 2019 116,642,899 116,644,000     1,000                  
Beginning balance at Dec. 31, 2019 $ 1,969,452 $ 1,166 1,981,014 (148,500) $ (26) 1,833,654 135,798              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Issuance of common stock pursuant to directors' and advisors' compensation plan (in shares)   3,000                        
Issuance of common stock pursuant to employee stock compensation plan 0 $ 0 0                      
Issuance of common stock pursuant to directors' and advisors' compensation plan (in shares)   2,000                        
Issuance of common stock pursuant to directors’ and advisors’ compensation plan 0 $ 0 0     0                
Stock-based compensation expense related to equity-based awards including amounts capitalized 5,066   5,066     5,066                
Stock options exercised, net of options forfeited in net share settlements (in shares)   0                        
Stock options exercised, net of options forfeited in net share settlements (24) $ 0 (24)     (24)                
Liability-based stock option awards settled in equity (in shares)   22,000                        
Liability-based stock option awards settled in equity 298 $ 1 297     298                
Restricted stock forfeited (in shares)         106,000                  
Restricted stock forfeited (1,267)       $ (1,267) (1,267)                
Contribution related to formation of property               $ 11,613 $ 11,613 $ 11,613        
Contributions from non-controlling interest owners of less-than-wholly-owned subsidiaries, net of tax 45,674   16,280     16,280 29,394              
Distributions to non-controlling interest owners of less-than-wholly-owned subsidiaries (11,515)           (11,515)              
Current period net income 135,083     125,729   125,729 9,354              
Ending Balance, shares at Mar. 31, 2020   116,671,000     107,000                  
Ending balance at Mar. 31, 2020 $ 2,154,380 $ 1,167 2,014,246 (22,771) $ (1,293) 1,991,349 163,031              
Beginning Balance, shares at Dec. 31, 2019 116,642,899 116,644,000     1,000                  
Beginning balance at Dec. 31, 2019 $ 1,969,452 $ 1,166 1,981,014 (148,500) $ (26) 1,833,654 135,798              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Current period net income $ (210,860)                          
Ending Balance, shares at Jun. 30, 2020 116,843,587 116,984,000     140,000                  
Ending balance at Jun. 30, 2020 $ 1,818,501 $ 1,170 2,020,298 (376,187) $ (1,449) 1,643,832 174,669              
Beginning Balance, shares at Mar. 31, 2020   116,671,000     107,000                  
Beginning balance at Mar. 31, 2020 2,154,380 $ 1,167 2,014,246 (22,771) $ (1,293) 1,991,349 163,031              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Issuance of common stock pursuant to directors' and advisors' compensation plan (in shares)   230,000                        
Issuance of common stock pursuant to employee stock compensation plan 0 $ 2 (2)                      
Issuance of common stock pursuant to directors' and advisors' compensation plan (in shares)   83,000                        
Issuance of common stock pursuant to directors’ and advisors’ compensation plan   $ 1 (1)                      
Stock-based compensation expense related to equity-based awards including amounts capitalized 4,103   4,103     4,103                
Restricted stock forfeited (in shares)         33,000                  
Restricted stock forfeited (156)       $ (156) (156)                
Contributions from non-controlling interest owners of less-than-wholly-owned subsidiaries, net of tax 16,652   1,952     1,952 14,700              
Distributions to non-controlling interest owners of less-than-wholly-owned subsidiaries (10,535)           (10,535)              
Current period net income $ (345,943)     (353,416)   (353,416) 7,473              
Ending Balance, shares at Jun. 30, 2020 116,843,587 116,984,000     140,000                  
Ending balance at Jun. 30, 2020 $ 1,818,501 $ 1,170 $ 2,020,298 $ (376,187) $ (1,449) $ 1,643,832 $ 174,669