Quarterly report pursuant to Section 13 or 15(d)

Reporting Segments (Details)

v3.20.2
Reporting Segments (Details)
$ in Thousands
3 Months Ended 9 Months Ended 10 Months Ended
Sep. 30, 2020
USD ($)
Sep. 30, 2019
USD ($)
Sep. 30, 2020
USD ($)
item
segment
Sep. 30, 2019
USD ($)
Dec. 31, 2019
USD ($)
Reporting Segments          
Number of reportable segments | segment     2    
Revenues:          
Amortization $ (17,800) $ (28,863) $ (53,011) $ (39,178)  
Gain on sale of assets-third party     (240)    
Total revenue 233,415 243,795 696,859 553,521  
Operating expenses:          
Direct operating 38,052 61,808 128,847 140,788  
General and administrative (excluding equity-based compensation) 9,554 10,466 29,478 31,931  
Facility idling 2,527 1,512 13,680 1,512  
Equity-based compensation 3,678 20,129 9,713 53,095  
Impairment of property and equipment 947 407,848 90,030 408,442  
Impairment of goodwill   43,759 575,461 43,759  
Impairment of customer relationships   5,871   5,871  
Depreciation 26,801 24,460 81,889 68,557  
Accretion and change in fair value of contingent acquisition consideration   1,977   5,323  
Accretion of asset retirement obligations 39 54 142 133  
Loss on asset sale     240    
Total operating expenses 81,598 577,884 929,480 759,411  
Operating income (loss) 151,817 (334,089) (232,621) (205,890)  
Equity in earnings of unconsolidated affiliates 23,173 18,478 63,197 34,981 $ 51,315
Total assets 5,673,504 6,445,504 5,673,504 6,445,504 $ 6,282,878
Additions to property and equipment 41,851 120,875 165,265 262,065  
Antero Resources          
Revenues:          
Revenue 251,215 272,658 749,870 592,649  
Third party          
Revenues:          
Revenue       50  
Gathering And Processing          
Revenues:          
Amortization (9,342) (16,363) $ (27,819) (19,266)  
Water Handling          
Reporting Segments          
Number of independent fresh water systems | item     2    
Revenues:          
Amortization (8,458) (12,500) $ (25,192) (19,912)  
Operating Segments | Gathering And Processing          
Revenues:          
Amortization (9,342) (16,363) (27,819) (19,266)  
Total revenue 180,872 159,356 499,515 358,912  
Operating expenses:          
Direct operating 16,078 13,197 43,528 28,509  
General and administrative (excluding equity-based compensation) 5,405 6,741 15,889 15,096  
Equity-based compensation 2,732 1,348 7,531 4,011  
Impairment of property and equipment 947   947 592  
Impairment of goodwill     575,461    
Depreciation 14,900 11,709 42,356 26,990  
Total operating expenses 40,062 32,995 685,712 75,198  
Operating income (loss) 140,810 126,361 (186,197) 283,714  
Equity in earnings of unconsolidated affiliates 23,173 18,478 63,197 34,981  
Total assets 4,383,313 4,768,005 4,383,313 4,768,005  
Additions to property and equipment 34,041 81,715 137,978 170,921  
Operating Segments | Gathering And Processing | Antero Resources          
Revenues:          
Revenue 190,214 175,719 527,334 378,178  
Operating Segments | Water Handling          
Revenues:          
Amortization (8,458) (12,500) (25,192) (19,912)  
Gain on sale of assets-third party     (240)    
Total revenue 52,543 84,439 197,344 194,609  
Operating expenses:          
Direct operating 21,974 48,611 85,319 112,279  
General and administrative (excluding equity-based compensation) 2,579 3,098 8,178 7,630  
Facility idling 2,527 1,512 13,680 1,512  
Equity-based compensation 521 450 1,507 1,589  
Impairment of property and equipment   407,848 89,083 407,850  
Impairment of goodwill   43,759   43,759  
Impairment of customer relationships   5,871   5,871  
Depreciation 11,901 12,751 39,533 41,567  
Accretion and change in fair value of contingent acquisition consideration   1,977   5,323  
Accretion of asset retirement obligations 39 54 142 133  
Loss on asset sale     240    
Total operating expenses 39,541 525,931 237,682 627,513  
Operating income (loss) 13,002 (441,492) (40,338) (432,904)  
Total assets 1,146,687 1,639,295 1,146,687 1,639,295  
Additions to property and equipment 7,810 39,160 27,287 91,144  
Operating Segments | Water Handling | Antero Resources          
Revenues:          
Revenue 61,001 96,939 222,536 214,471  
Operating Segments | Water Handling | Third party          
Revenues:          
Revenue       50  
Unallocated          
Operating expenses:          
General and administrative (excluding equity-based compensation) 1,570 627 5,411 9,205  
Equity-based compensation 425 18,331 675 47,495  
Total operating expenses 1,995 18,958 6,086 56,700  
Operating income (loss) (1,995) (18,958) (6,086) (56,700)  
Total assets $ 143,504 $ 38,204 $ 143,504 $ 38,204