XML 74 R53.htm IDEA: XBRL DOCUMENT v3.24.0.1
Credit Facility - Narrative (Details)
12 Months Ended
Dec. 31, 2023
USD ($)
lender
Dec. 31, 2022
USD ($)
Oct. 31, 2023
USD ($)
Oct. 30, 2023
USD ($)
Sep. 30, 2023
USD ($)
Apr. 30, 2023
USD ($)
Line Of Credit Facility [Line Items]            
Number of lenders | lender 0.667          
Credit facility $ 0 $ 10,000,000        
Senior Line of Credit | Revolving Credit Facility            
Line Of Credit Facility [Line Items]            
Maximum borrowing capacity $ 1,000,000,000          
Right to request a redemption, acquisition of properties in excess of value of borrowing base (percent) 10.00%          
Percentage of hedge positions or property interests sold with a combined value exceeding current borrowing base resulting in base adjustment 5.00%          
Borrowing base     $ 580,000,000     $ 550,000,000
Line of credit facility accordion feature increase limit     $ 375,000,000 $ 375,000,000 $ 400,000,000 $ 375,000,000
Weighted average interest rate (percent) 7.36% 6.92%        
Debt instrument, term 90 days          
Percentage of availability of lenders' commitments, distributions not permitted 10.00%          
Ratio of total debt to EBITDAX, distributions not permitted 3.0          
Credit facility $ 0 $ 10,000,000        
Unused portion of current borrowing base $ 375,000,000 $ 365,000,000        
Senior Line of Credit | Revolving Credit Facility | Minimum            
Line Of Credit Facility [Line Items]            
Debt instrument, term 90 days          
Current ratio covenant 100.00%          
Senior Line of Credit | Revolving Credit Facility | Maximum            
Line Of Credit Facility [Line Items]            
Ratio of total debt to EBITDAX 3.5          
Senior Line of Credit | Revolving Credit Facility | Prime Rate Plus Margin Rate | Minimum            
Line Of Credit Facility [Line Items]            
Interest rate (percent) 1.50% 1.50%        
Senior Line of Credit | Revolving Credit Facility | Prime Rate Plus Margin Rate | Maximum            
Line Of Credit Facility [Line Items]            
Interest rate (percent) 2.50% 2.50%        
Senior Line of Credit | Revolving Credit Facility | Borrowing Base Utilization Percentage Less Than 50%            
Line Of Credit Facility [Line Items]            
Commitment fee payable rate (percent) 0.375%          
Senior Line of Credit | Revolving Credit Facility | Borrowing Base Utilization Percentage Equal to or Greater Than 50%            
Line Of Credit Facility [Line Items]            
Commitment fee payable rate (percent) 0.50%          
Senior Line of Credit | Revolving Credit Facility | Secured Overnight Financing Rate (SOFR) | Minimum            
Line Of Credit Facility [Line Items]            
Interest rate (percent) 2.50% 2.50%        
Senior Line of Credit | Revolving Credit Facility | Secured Overnight Financing Rate (SOFR) | Maximum            
Line Of Credit Facility [Line Items]            
Interest rate (percent) 3.50% 3.50%        
Senior Line of Credit | Revolving Credit Facility | Federal Funds Effective Rate            
Line Of Credit Facility [Line Items]            
Interest rate (percent) 0.50%          
Senior Line of Credit | Revolving Credit Facility | Adjusted Term Secured Overnight Funds Rate            
Line Of Credit Facility [Line Items]            
Interest rate (percent) 1.00%