Quarterly report pursuant to Section 13 or 15(d)

Subsidiary Guarantors - Balance Sheets (Details)

v3.19.1
Subsidiary Guarantors - Balance Sheets (Details) - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Mar. 31, 2018
Dec. 31, 2017
Current assets:        
Accounts receivable, net $ 48,979 $ 51,073    
Accrued revenue 365,151 474,827    
Derivative instruments 122,425 245,263    
Other current assets 8,341 35,450    
Total current assets 544,896 806,613    
Unproved properties 1,701,002 1,767,600    
Proved properties 13,056,874 12,705,672    
Water handling and treatment systems   1,013,818    
Gathering systems and facilities 17,825 2,470,708    
Other property and equipment 68,535 65,842    
Property and equipment, gross 14,844,236 18,023,640    
Less accumulated depletion, depreciation, and amortization (3,872,886) (4,153,725)    
Property and equipment, net 10,971,350 13,869,915    
Operating leases, right-of-use assets 3,433,515      
Derivative instruments 313,909 362,169    
Investment in consolidated affiliates 1,989,612 433,642    
Investments in unconsolidated affiliates 1,989,612 433,642    
Other assets 35,448 47,125    
Total assets 17,288,730 15,519,464    
Liabilities and Stockholders' Equity        
Accounts payable 48,096 66,289    
Accounts payable, related parties 110,980      
Accrued liabilities 384,707 465,070    
Revenue distributions payable 301,066 310,827    
Derivative instruments 3,894 532    
Short-term lease liabilities 413,103 2,459    
Other current liabilities 4,935 8,363    
Total current liabilities 1,266,781 853,540    
Long-term debt 3,475,950 5,461,688    
Deferred income tax liability 1,171,866 650,788    
Long-term lease liabilities 3,024,582 2,873    
Other liabilities 56,753 63,098    
Total liabilities 8,995,932 7,031,987    
Partners' capital      
Common stock 3,087 3,086    
Additional paid-in capital 6,133,400 6,485,174    
Accumulated earnings 2,156,311 1,177,548    
Total stockholders' equity 8,292,798 7,665,808    
Noncontrolling interests in consolidated subsidiary   821,669    
Total equity 8,292,798 8,487,477 $ 8,921,098 $ 8,876,136
Total liabilities and equity 17,288,730 15,519,464    
Reportable legal entity | Parent (Antero)        
Current assets:        
Accounts receivable, net 48,979 49,529    
Intercompany receivables   383    
Accrued revenue 365,151 474,827    
Derivative instruments 122,425 245,263    
Other current assets 8,341 13,937    
Total current assets 544,896 783,939    
Unproved properties 1,701,002 1,767,600    
Proved properties 13,056,874 13,306,585    
Gathering systems and facilities 17,825 17,825    
Other property and equipment 68,535 65,770    
Property and equipment, gross 14,844,236 15,157,780    
Less accumulated depletion, depreciation, and amortization (3,872,886) (3,654,392)    
Property and equipment, net 10,971,350 11,503,388    
Operating leases, right-of-use assets 3,433,515      
Derivative instruments 313,909 362,169    
Investment in consolidated affiliates 1,341,780 (740,031)    
Contingent acquisition consideration   114,995    
Investments in unconsolidated affiliates 647,832      
Other assets 35,448 31,200    
Total assets 17,288,730 12,055,660    
Liabilities and Stockholders' Equity        
Accounts payable 48,096 44,917    
Accounts payable, related parties 311,317      
Intercompany payable   111,620    
Accrued liabilities 384,707 392,949    
Revenue distributions payable 301,066 310,827    
Derivative instruments 3,894 532    
Short-term lease liabilities 413,103 2,459    
Other current liabilities 4,935 2,162    
Total current liabilities 1,467,118 865,466    
Long-term debt 3,475,950 3,829,541    
Deferred income tax liability 1,171,866 650,788    
Long-term lease liabilities 3,024,582 2,873    
Other liabilities 56,753 55,017    
Total liabilities 9,196,269 5,403,685    
Partners' capital      
Common stock 3,087 3,086    
Additional paid-in capital 6,133,400 5,471,341    
Accumulated earnings 1,955,974 1,177,548    
Total stockholders' equity   6,651,975    
Total equity 8,092,461 6,651,975    
Total liabilities and equity 17,288,730 12,055,660    
Reportable legal entity | Guarantor Subsidiaries        
Current assets:        
Accounts receivable, net 200,337      
Total current assets 200,337      
Investments in unconsolidated affiliates 1,341,780      
Total assets 1,542,117      
Liabilities and Stockholders' Equity        
Partners' capital      
Additional paid-in capital 1,341,780      
Accumulated earnings 200,337      
Total equity 1,542,117      
Total liabilities and equity 1,542,117      
Reportable legal entity | Non-Guarantor Subsidiaries        
Current assets:        
Accounts receivable, net   1,544    
Intercompany receivables   115,378    
Other current assets   21,513    
Total current assets   138,435    
Water handling and treatment systems   1,004,793    
Gathering systems and facilities   2,452,883    
Other property and equipment   72    
Property and equipment, gross   3,457,748    
Less accumulated depletion, depreciation, and amortization   (499,333)    
Property and equipment, net   2,958,415    
Investments in unconsolidated affiliates   433,642    
Other assets   15,925    
Total assets   3,546,417    
Liabilities and Stockholders' Equity        
Accounts payable   21,372    
Intercompany payable   4,141    
Accrued liabilities   72,121    
Other current liabilities   2,052    
Total current liabilities   99,686    
Long-term debt   1,632,147    
Contingent acquisition consideration   114,995    
Other liabilities   8,081    
Total liabilities   1,854,909    
Partners' capital 1,691,508    
Total stockholders' equity   1,691,508    
Total equity   1,691,508    
Total liabilities and equity   3,546,417    
Eliminations        
Current assets:        
Accounts receivable, net (200,337)      
Intercompany receivables   (115,761)    
Total current assets (200,337) (115,761)    
Proved properties   (600,913)    
Water handling and treatment systems   9,025    
Property and equipment, gross   (591,888)    
Property and equipment, net   (591,888)    
Investment in consolidated affiliates (1,341,780) 740,031    
Contingent acquisition consideration   (114,995)    
Total assets (1,542,117) (82,613)    
Liabilities and Stockholders' Equity        
Accounts payable, related parties (200,337)      
Intercompany payable   (115,761)    
Other current liabilities   4,149    
Total current liabilities (200,337) (111,612)    
Contingent acquisition consideration   (114,995)    
Total liabilities (200,337) (226,607)    
Partners' capital (1,691,508)    
Additional paid-in capital (1,341,780) 1,013,833    
Total stockholders' equity   (677,675)    
Noncontrolling interests in consolidated subsidiary   821,669    
Total equity (1,341,780) 143,994    
Total liabilities and equity $ (1,542,117) $ (82,613)