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Equity-Based Compensation (Tables) | 12 Months Ended
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Dec. 31, 2022
Share-Based Payment Arrangement [Abstract] |
Schedule of Summarized Information Related to Restricted Stock and Restricted Units | The following table summarizes information related to RSAs held by non-employee directors of the Company:
| Shares |  | Weighted Average Grant Date Fair Value per Share
Non-vested shares outstanding December 31, 2021 | 64,920 |  |  | $ | 41.37 |
Granted | — |  |  | — |
Vested | (64,920) |  |  | 41.37 |
Forfeited | — |  |  | — |
Non-vested shares outstanding December 31, 2022 | — |  |  | $ | — |
The following table summarizes information related to RSUs held by employees and non-employee directors of the Company:
| Shares |  | Weighted Average Grant Date Fair Value per Share
Non-vested shares outstanding December 31, 2021 | 512,806 |  |  | $ | 62.66 |
Granted | 76,472 |  |  | 144.16 |
Merger impacts(1) | 335,386 |  |  | 109.30 |
Vested | (475,409) |  |  | 85.29 |
Forfeited | (27,672) |  |  | 74.66 |
Non-vested shares outstanding December 31, 2022 | 421,583 |  |  | $ | 88.26 |
__________________ (1) Represents awards assumed on July 1, 2022 in connection with the Merger.
Schedule of Summarized Information Related to Performance Share Units | The following table summarizes information related to PSUs held by employees of the Company:
| Shares |  | Weighted Average Grant Date Fair Value per Share
Non-vested shares outstanding December 31, 2021 | 183,915 |  |  | $ | 63.95 |
Granted | — |  |  | — |
Merger impacts(1) | 341,411 |  |  | 100.52 |
Vested | (152,185) |  |  | 76.42 |
Forfeited | — |  |  | — |
Non-vested shares outstanding December 31, 2022 | 373,141 |  |  | $ | 92.53 |
___________________ (1)Includes 275,310 awards assumed on July 1, 2022 in connection with the Merger and an incremental 66,101 legacy Oasis PSU awards that were earned based upon the achievement of the performance criteria described above.
Schedule of Nonvested Leveraged Stock Units Activity | The following table summarizes information related to LSUs held by employees of the Company:
| Shares |  | Weighted Average Grant Date Fair Value per Share
Non-vested shares outstanding December 31, 2021 | 262,406 |  |  | $ | 78.79 |
Granted | — |  |  | — |
Merger impacts(1) | 524,812 |  |  | 78.79 |
Vested | (290,181) |  |  | 68.86 |
Forfeited | — |  |  | — |
Non-vested shares outstanding December 31, 2022 | 497,037 |  |  | $ | 84.59 |
__________________ (1)Represents legacy Oasis awards that were earned as result of the Merger. Upon completion of the Merger, there were 787,218 LSUs outstanding.
Schedule of Assumptions | The following table summarizes the assumptions used in the Monte Carlo simulation model to determine the grant date fair value and associated equity-based compensation expenses by grant date:
Grant date | January 18, 2021 |  | February 11, 2021 |  | April 13, 2021
Forecast period (years) | 3 - 4 |  | 3 - 4 |  | 3 - 4
Risk-free interest rates | 0.2% - 0.3% |  | 0.2% - 0.3% |  | 0.3% - 0.6%
Implied equity volatility | 55% - 60% |  | 55% - 60% |  | 45% - 50%
Stock price on date of grant | $44.41 |  | $49.66 |  | $68.07
The following assumptions were used for the Monte Carlo model to determine the grant date fair value and associated equity-based compensation expense of the PSUs granted during the periods presented (Predecessor):
| 2020 |  |
Forecast period (years) | 2 - 4 |  |
Risk-free interest rates | 1.53% - 1.55% |  |
Oasis stock price volatility | 68.56% |  |
Oasis initial value | $3.19 |  |
Oasis stock price on date of grant | $2.77 |  |
Schedule of Summarized Information Related to Phantom Units | The following table summarizes information related to phantom unit awards held by employees of the Company:
| Phantom Unit Awards |  | Weighted Average Grant Date Fair Value per Share
Non-vested phantom unit awards outstanding December 31, 2021 | 15,780 |  |  | $ | 127.91 |
Granted | 7,504 |  |  | 144.74 |
Vested | (13,551) |  |  | 132.43 |
Forfeited | (1,865) |  |  | 129.00 |
Non-vested phantom unit awards outstanding December 31, 2022 | 7,868 |  |  | $ | 135.91 |

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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 + Details
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