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Asset Retirement Obligations (Tables) | 12 Months Ended
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Dec. 31, 2015
Centennial Resource Production, LLC (Centennial OpCo) and Celero Energy Company, L.P. |
Summary of changes in asset retirement obligations | The following table summarizes the changes in the Predecessor’s asset retirement obligations for the periods indicated (in thousands):
|  | For the Year Ended
|  | December 31,
|  | 2015 |  | 2014
Asset retirement obligations, beginning of year |  | $ | 1,824 |  | $ | 3,557
Additional liabilities incurred |  |  | 133 |  |  | 670
Liabilities acquired |  |  | 178 |  |  | —
Liabilities disposed(1) |  |  | — |  |  | (2,820)
Accretion expense |  |  | 139 |  |  | 156
Revision of estimated liabilities |  |  | 14 |  |  | 261
Asset retirement obligations, end of year |  | $ | 2,288 |  | $ | 1,824
(1)Refer to Note 4—Acquisitions and Divestitures.

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- Definition Tabular disclosure of the changes in carrying amount of a liability for asset retirement obligations, for changes such as new obligations, changes in estimates of existing obligations, spending on existing obligations, property dispositions, and foreign currency translation. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 410 -SubTopic 30 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6393242&loc=d3e13201-110859 + Details
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