v3.24.1.u1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows provided by (used in) operating activities:    
Net income $ 103,926 $ 86,507
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 37,095 35,196
Accretion of asset retirement obligations 44 44
Deferred income tax expense 36,488 31,670
Equity-based compensation 9,327 6,327
Equity in earnings of unconsolidated affiliates (27,530) (24,456)
Distributions from unconsolidated affiliates 34,960 34,105
Amortization of customer relationships 17,668 17,668
Amortization of deferred financing costs 1,655 1,474
Settlement of asset retirement obligations (164) (158)
Loss on settlement of asset retirement obligations   341
Gain on asset sale   (245)
Loss on early extinguishment of debt 59  
Changes in assets and liabilities:    
Accounts receivable-Antero Resources (16,156) (9,207)
Accounts receivable-third party 103 431
Other current assets (189) (520)
Accounts payable-Antero Resources 716 (660)
Accounts payable-third party 2,346 2,061
Accrued liabilities 10,213 2,141
Net cash provided by operating activities 210,561 182,719
Cash flows provided by (used in) investing activities:    
Acquisition of gathering systems and facilities (2,048) (263)
Cash received in asset sale   1,071
Change in other assets (2) (2)
Net cash used in investing activities (37,123) (42,151)
Cash flows provided by (used in) financing activities:    
Dividends to common stockholders (107,918) (108,364)
Dividends to preferred stockholders (138) (138)
Issuance of Senior Notes 600,000  
Redemption of Senior Notes (2,147)  
Payments of deferred financing costs (7,082)  
Borrowings on Credit Facility 245,100 248,000
Repayments on Credit Facility (875,200) (278,900)
Employee tax withholding for settlement of equity compensation awards (31) (1,166)
Net cash used in financing activities (147,416) (140,568)
Net increase in cash and cash equivalents 26,022
Cash and cash equivalents, beginning of period 66
Cash and cash equivalents, end of period 26,088
Supplemental disclosure of cash flow information:    
Cash paid during the period for interest 42,067 50,340
Decrease in accrued capital expenditures and accounts payable for property and equipment (5,301) (9,354)
Gathering systems and facilities    
Cash flows provided by (used in) investing activities:    
Additions (27,723) (29,197)
Water handling systems    
Cash flows provided by (used in) investing activities:    
Additions $ (7,350) $ (13,760)

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