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CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN SHAREHOLDERS’ EQUITY — UNAUDITED - USD ($)
$ in Thousands
Total
Total shareholders’ equity attributable to Matador Resources Company
Common Stock
Additional paid-in capital
Retained earnings (accumulated deficit)
Treasury Stock
Non-controlling interest in subsidiaries
Balance at beginning of period (in shares) at Dec. 31, 2020     116,847,000     2,000  
Balance at beginning of period at Dec. 31, 2020 $ 1,513,025 $ 1,286,530 $ 1,169 $ 2,027,069 $ (741,705) $ (3) $ 226,495
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Dividends declared (2,913) (2,913)     (2,913)    
Issuance of common stock pursuant to employee stock compensation plan (in shares)     3,000        
Issuance of common stock pursuant to employee stock compensation plan 0            
Issuance of common stock pursuant to directors' and advisors' compensation plan (in shares)     9,000        
Issuance of common stock pursuant to directors’ and advisors’ compensation plan 0            
Stock-based compensation expense related to equity-based awards including amounts capitalized 1,477 1,477   $ 1,477      
Stock options exercised, net of options forfeited in net share settlements (in shares)     13,000        
Stock options exercised, net of options forfeited in net share settlements 0            
Restricted stock forfeited (in shares)       (219,000)   (90,000)  
Restricted stock forfeited (1,720) (1,720)       $ (1,501)  
Contribution related to formation of San Mateo 15,376 15,376   $ 15,376      
Distributions to non-controlling interest owners of less-than-wholly-owned subsidiaries (14,210)           (14,210)
Current period net (loss) income 69,498 60,645     60,645   8,853
Balance at end of period (in shares) at Mar. 31, 2021     116,872,000     92,000  
Balance at end of period at Mar. 31, 2021 $ 1,580,533 1,359,395 $ 1,169 2,043,703 (683,973) $ (1,504) 221,138
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Dividends declared (in dollars per share) $ 0.025            
Balance at beginning of period (in shares) at Dec. 31, 2021 117,850,233   117,862,000     12,000  
Balance at beginning of period at Dec. 31, 2021 $ 2,127,388 1,907,210 $ 1,179 2,077,592 (171,318) $ (243) 220,178
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Dividends declared (5,866) (5,866)     (5,866)    
Issuance of common stock pursuant to employee stock compensation plan (in shares)     205,000        
Issuance of common stock pursuant to employee stock compensation plan   (11,534) $ 2 (11,536)      
Issuance of common stock pursuant to employee stock compensation plan (11,534)            
Stock-based compensation expense related to equity-based awards including amounts capitalized 4,344 4,344   4,344      
Stock options exercised, net of options forfeited in net share settlements (585) (585)   (585)      
Stock options exercised, net of options forfeited in net share settlements (in shares)     24,000        
Restricted stock forfeited (in shares)           (12,000)  
Restricted stock forfeited (66) (66)       $ (66)  
Contribution related to formation of San Mateo, net of tax 4,800            
Contribution related to formation of San Mateo 17,973 17,973   17,973      
Distributions to non-controlling interest owners of less-than-wholly-owned subsidiaries (18,375)           (18,375)
Current period net (loss) income $ 224,185 207,124     207,124   17,061
Balance at end of period (in shares) at Mar. 31, 2022 118,066,432   118,091,000     24,000  
Balance at end of period at Mar. 31, 2022 $ 2,337,464 $ 2,118,600 $ 1,181 $ 2,087,788 $ 29,940 $ (309) $ 218,864
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Dividends declared (in dollars per share) $ 0.05