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Condensed Consolidated Statements (Tables) | 12 Months Ended
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Dec. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Condensed Consolidated Balance Sheets |
Condensed Consolidating Balance Sheet December 31, 2016
|  | Matador |  | Non-Guarantor Subsidiaries |  | Existing Guarantor Subsidiaries |  | Eliminating Entries |  | Consolidated
ASSETS |  |  |  |  |  |  |  |  |  |
Intercompany receivable |  | $ | 316,791 |  |  | $ | 3,571 |  |  | $ | 12,091 |  |  | $ | (332,453 | ) |  | $ | — |
Other current assets |  | 101,102 |  |  | 4,242 |  |  | 173,838 |  |  | — |  |  | 279,182 |
Net property and equipment |  | 33 |  |  | 113,107 |  |  | 1,071,385 |  |  | — |  |  | 1,184,525 |
Investment in subsidiaries |  | 856,762 |  |  | — |  |  | 90,275 |  |  | (947,037 | ) |  | — |
Other long-term assets |  | — |  |  | — |  |  | 958 |  |  |  |  | 958 |
Total assets |  | $ | 1,274,688 |  |  | $ | 120,920 |  |  | $ | 1,348,547 |  |  | $ | (1,279,490 | ) |  | $ | 1,464,665 |
LIABILITIES AND EQUITY |  |  |  |  |  |  |  |  |  |
Intercompany payable |  | $ | — |  |  | $ | 12,091 |  |  | $ | 320,362 |  |  | $ | (332,453 | ) |  | $ | — |
Other current liabilities |  | 9,265 |  |  | 16,632 |  |  | 143,608 |  |  | — |  |  | 169,505 |
Senior unsecured notes payable |  | 573,924 |  |  | — |  |  | — |  |  | — |  |  | 573,924 |
Other long-term liabilities |  | 1,374 |  |  | 602 |  |  | 27,815 |  |  | — |  |  | 29,791 |
Total equity attributable to Matador Resources Company |  | 690,125 |  |  | 90,275 |  |  | 856,762 |  |  | (947,037 | ) |  | 690,125 |
Non-controlling interest in subsidiaries |  | — |  |  | 1,320 |  |  | — |  |  | — |  |  | 1,320 |
Total liabilities and equity |  | $ | 1,274,688 |  |  | $ | 120,920 |  |  | $ | 1,348,547 |  |  | $ | (1,279,490 | ) |  | $ | 1,464,665 |
Condensed Consolidating Balance Sheet December 31, 2015
|  | Matador |  | Non-Guarantor Subsidiaries |  | Existing Guarantor Subsidiaries |  | Eliminating Entries |  | Consolidated
ASSETS |  |  |  |  |  |  |  |  |  |
Intercompany receivable |  | $ | 304,573 |  |  | $ | 1,463 |  |  | $ | 11,928 |  |  | $ | (317,964 | ) |  | $ | — |
Other current assets |  | 289 |  |  | 1,141 |  |  | 125,577 |  |  | — |  |  | 127,007 |
Net property and equipment |  | — |  |  | 47,535 |  |  | 964,871 |  |  | — |  |  | 1,012,406 |
Investment in subsidiaries |  | 584,461 |  |  | — |  |  | 20,355 |  |  | (604,816 | ) |  | — |
Other long-term assets |  | — |  |  | — |  |  | 1,448 |  |  | — |  |  | 1,448 |
Total assets |  | $ | 889,323 |  |  | $ | 50,139 |  |  | $ | 1,124,179 |  |  | $ | (922,780 | ) |  | $ | 1,140,861 |
LIABILITIES AND EQUITY |  |  |  |  |  |  |  |  |  |
Intercompany payable |  | $ | — |  |  | $ | 11,928 |  |  | $ | 306,036 |  |  | $ | (317,964 | ) |  | $ | — |
Other current liabilities |  | 10,066 |  |  | 16,557 |  |  | 110,207 |  |  | — |  |  | 136,830 |
Senior unsecured notes payable |  | 391,254 |  |  | — |  |  | — |  |  | — |  |  | 391,254 |
Other long-term liabilities |  | — |  |  | 343 |  |  | 123,475 |  |  | — |  |  | 123,818 |
Total equity attributable to Matador Resources Company |  | 488,003 |  |  | 20,355 |  |  | 584,461 |  |  | (604,816 | ) |  | 488,003 |
Non-controlling interest in subsidiaries |  | — |  |  | 956 |  |  | — |  |  | — |  |  | 956 |
Total liabilities and equity |  | $ | 889,323 |  |  | $ | 50,139 |  |  | $ | 1,124,179 |  |  | $ | (922,780 | ) |  | 1,140,861 |
Condensed Consolidated Statements of Operations |
Condensed Consolidating Statement of Operations For the Year Ended December 31, 2016
|  | Matador |  | Non-Guarantor Subsidiaries |  | Existing Guarantor Subsidiaries |  | Eliminating Entries |  | Consolidated
Total revenues |  | $ | — |  |  | $ | 17,302 |  |  | $ | 257,828 |  |  | $ | (10,708 | ) |  | $ | 264,422 |
Total expenses |  | 5,319 |  |  | 7,031 |  |  | 439,947 |  |  | (10,708 | ) |  | 441,589 |
Operating (loss) income |  | (5,319 | ) |  | 10,271 |  |  | (182,119 | ) |  | — |  |  | (177,167 | )
Net gain on asset sales and inventory impairment |  | — |  |  | — |  |  | 107,277 |  |  | — |  |  | 107,277 |
Interest expense |  | (28,199 | ) |  | — |  |  | — |  |  | — |  |  | (28,199 | )
Other expense |  | — |  |  | — |  |  | (4 | ) |  | — |  |  | (4 | )
(Loss) earnings in subsidiaries |  | (64,349 | ) |  | — |  |  | 9,810 |  |  | 54,539 |  |  | — |
(Loss) income before income taxes |  | (97,867 | ) |  | 10,271 |  |  | (65,036 | ) |  | 54,539 |  |  | (98,093 | )
Total income tax (benefit) provision |  | (446 | ) |  | 97 |  |  | (687 | ) |  | — |  |  | (1,036 | )
Net income attributable to non-controlling interest in subsidiaries |  | — |  |  | (364 | ) |  | — |  |  | — |  |  | (364 | )
Net (loss) income attributable to Matador Resources Company |  | $ | (97,421 | ) |  | $ | 9,810 |  |  | $ | (64,349 | ) |  | $ | 54,539 |  |  | $ | (97,421 | )
Condensed Consolidating Statement of Operations For the Year Ended December 31, 2015
|  | Matador |  | Non-Guarantor Subsidiaries |  | Existing Guarantor Subsidiaries |  | Eliminating Entries |  | Consolidated
Total revenues |  | $ | — |  |  | $ | 6,310 |  |  | $ | 316,067 |  |  | $ | (4,344 | ) |  | $ | 318,033 |
Total expenses |  | 5,739 |  |  | 2,944 |  |  | 1,120,356 |  |  | (4,344 | ) |  | 1,124,695 |
Operating (loss) income |  | (5,739 | ) |  | 3,366 |  |  | (804,289 | ) |  | — |  |  | (806,662 | )
Net gain on asset sales and inventory impairment |  | — |  |  | — |  |  | 908 |  |  | — |  |  | 908 |
Interest expense |  | (20,511 | ) |  | — |  |  | (1,243 | ) |  | — |  |  | (21,754 | )
Other income |  | — |  |  | — |  |  | 616 |  |  | — |  |  | 616 |
(Loss) earnings in subsidiaries |  | (658,698 | ) |  | — |  |  | 2,458 |  |  | 656,240 |  |  | — |
(Loss) income before income taxes |  | (684,948 | ) |  | 3,366 |  |  | (801,550 | ) |  | 656,240 |  |  | (826,892 | )
Total income tax (benefit) provision |  | (5,163 | ) |  | 647 |  |  | (142,852 | ) |  | — |  |  | (147,368 | )
Net income attributable to non-controlling interest in subsidiaries |  | — |  |  | (261 | ) |  | — |  |  | — |  |  | (261 | )
Net (loss) income attributable to Matador Resources Company |  | $ | (679,785 | ) |  | $ | 2,458 |  |  | $ | (658,698 | ) |  | $ | 656,240 |  |  | $ | (679,785 | )
Condensed Consolidating Statement of Operations For the Year Ended December 31, 2014
|  | Matador |  | Non-Guarantor Subsidiaries |  | Existing Guarantor Subsidiaries |  | Eliminating Entries |  | Consolidated
Total revenues |  | $ | — |  |  | $ | — |  |  | $ | 432,249 |  |  | $ | — |  |  | $ | 432,249 |
Total expenses |  | 3,389 |  |  | 111 |  |  | 248,418 |  |  | — |  |  | 251,918 |
Operating (loss) income |  | (3,389 | ) |  | (111 | ) |  | 183,831 |  |  | — |  |  | 180,331 |
Net gain on asset sales and inventory impairment |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Interest expense |  | — |  |  | — |  |  | (5,334 | ) |  | — |  |  | (5,334 | )
Other income |  | — |  |  | — |  |  | 132 |  |  | — |  |  | 132 |
Earnings (loss) in subsidiaries |  | 112,908 |  |  | — |  |  | (94 | ) |  | (112,814 | ) |  | — |
Income (loss) before income taxes |  | 109,519 |  |  | (111 | ) |  | 178,535 |  |  | (112,814 | ) |  | 175,129 |
Total income tax (benefit) provision |  | (1,252 | ) |  | — |  |  | 65,627 |  |  | — |  |  | 64,375 |
Net loss attributable to non-controlling interest in subsidiaries |  | — |  |  | 17 |  |  | — |  |  | — |  |  | 17 |
Net income (loss) attributable to Matador Resources Company |  | $ | 110,771 |  |  | $ | (94 | ) |  | $ | 112,908 |  |  | $ | (112,814 | ) |  | $ | 110,771 |
Condensed Consolidated Statements of Cash Flows |
Condensed Consolidating Statement of Cash Flows For the Year Ended December 31, 2016
|  | Matador |  | Non-Guarantor Subsidiaries |  | Existing Guarantor Subsidiaries |  | Eliminating Entries |  | Consolidated
Net cash (used in) provided by operating activities |  | $ | (45,215 | ) |  | $ | 6,694 |  |  | $ | 172,607 |  |  | $ | — |  |  | $ | 134,086 |
Net cash used in investing activities |  | (324,724 | ) |  | (64,683 | ) |  | (401,034 | ) |  | 384,801 |  |  | (405,640 | )
Net cash provided by financing activities |  | 469,654 |  |  | 60,110 |  |  | 322,743 |  |  | (384,801 | ) |  | 467,706 |
Increase in cash |  | 99,715 |  |  | 2,121 |  |  | 94,316 |  |  | — |  |  | 196,152 |
Cash at beginning of year |  | 80 |  |  | 186 |  |  | 16,466 |  |  | — |  |  | 16,732 |
Cash at end of year |  | $ | 99,795 |  |  | $ | 2,307 |  |  | $ | 110,782 |  |  | $ | — |  |  | $ | 212,884 |
Condensed Consolidating Statement of Cash Flows For the Year Ended December 31, 2015
|  | Matador |  | Non-Guarantor Subsidiaries |  | Existing Guarantor Subsidiaries |  | Eliminating Entries |  | Consolidated
Net cash (used in) provided by operating activities |  | $ | (31,271 | ) |  | $ | 13,916 |  |  | $ | 225,890 |  |  | $ | — |  |  | $ | 208,535 |
Net cash used in investing activities |  | (546,715 | ) |  | (31,101 | ) |  | (410,843 | ) |  | 563,505 |  |  | (425,154 | )
Net cash provided by financing activities |  | 577,973 |  |  | 17,353 |  |  | 193,123 |  |  | (563,505 | ) |  | 224,944 |
Increase in cash |  | (13 | ) |  | 168 |  |  | 8,170 |  |  | — |  |  | 8,325 |
Cash at beginning of year |  | 93 |  |  | 18 |  |  | 8,296 |  |  | — |  |  | 8,407 |
Cash at end of year |  | $ | 80 |  |  | $ | 186 |  |  | $ | 16,466 |  |  | $ | — |  |  | $ | 16,732 |
Condensed Consolidating Statement of Cash Flows For the Year Ended December 31, 2014
|  | Matador |  | Non-Guarantor Subsidiaries |  | Existing Guarantor Subsidiaries |  | Eliminating Entries |  | Consolidated
Net cash (used in) provided by operating activities |  | $ | (8,607 | ) |  | $ | 431 |  |  | $ | 259,657 |  |  | $ | — |  |  | $ | 251,481 |
Net cash used in investing activities |  | (172,749 | ) |  | (1,763 | ) |  | (569,968 | ) |  | 173,949 |  |  | (570,531 | )
Net cash provided by financing activities |  | 181,328 |  |  | 1,350 |  |  | 312,441 |  |  | (173,949 | ) |  | 321,170 |
Increase in cash |  | (28 | ) |  | 18 |  |  | 2,130 |  |  | — |  |  | 2,120 |
Cash at beginning of year |  | 121 |  |  | — |  |  | 6,166 |  |  | — |  |  | 6,287 |
Cash at end of year |  | $ | 93 |  |  | $ | 18 |  |  | $ | 8,296 |  |  | $ | — |  |  | $ | 8,407 |

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