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Subsequent Events	12 Months Ended
Subsequent Events	Dec. 31, 2021
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events On February 3, 2022, the Company’s board of directors declared a semi-annual cash dividend of $0.20 per share of Class A Common Stock, and Magnolia LLC declared a cash distribution of $0.20 per Magnolia LLC Unit to each holder of Magnolia LLC Units, each payable on March 1, 2022 to shareholders or members of record, as applicable, as of February 14, 2022. In February 2022, the Magnolia LLC Unit Holders redeemed 5.0 million Magnolia LLC Units (and a corresponding number of shares of Class B Common Stock) for an equivalent number of shares of Class A Common Stock and subsequently sold these shares to the public. Magnolia did not receive any proceeds from the sale of shares of Class A Common Stock by the Magnolia LLC Unit Holders. Concurrently, outside of the share repurchase program, Magnolia LLC repurchased 0.6 million shares of Class A Common Stock for $11.6 million of cash consideration from EnerVest Energy Institutional Fund XIV-C, L.P. Magnolia LLC also repurchased and subsequently canceled 1.4 million Magnolia LLC Units with an equal number of shares of corresponding Class B Common Stock for $30.4 million of cash consideration from the Magnolia LLC Unit Holders.