Quarterly report pursuant to Section 13 or 15(d)

Subsidiary Guarantors - Statements of Operations (Details)

v3.7.0.1
Subsidiary Guarantors - Statements of Operations (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenue:    
Natural gas sales $ 466,664 $ 254,776
Natural gas liquids sales 194,652 73,065
Oil sales 26,960 10,179
Gathering, processing, and water handling and treatment 2,604 3,844
Marketing Revenue 65,924 99,216
Commodity derivative fair value gains (losses) 438,775 279,924
Total revenue and other 1,195,579 721,004
Operating expenses:    
Lease operating 15,551 11,293
Gathering, compression, processing, and transportation 266,829 208,738
Production and ad valorem taxes 24,793 19,284
Marketing 89,993 137,933
Exploration 2,107 1,014
Impairment of unproved properties 26,899 15,526
Depletion, depreciation, and amortization 202,729 191,582
Accretion of asset retirement obligations 637 598
General and administrative 64,698 56,287
Total operating expenses 694,236 642,255
Operating income (loss) 501,343 78,749
Equity in earnings of unconsolidated affiliate 2,231  
Interest (66,670) (63,284)
Total other expenses (64,439) (63,284)
Income (loss) before income taxes 436,904 15,465
Provision for income tax (expense) benefit (131,346) (4,815)
Net income (loss) and comprehensive income (loss) including noncontrolling interest 305,558 10,650
Net income and comprehensive income attributable to noncontrolling interest 37,162 15,705
Net income (loss) and comprehensive income (loss) attributable to Antero Resources Corporation 268,396 (5,055)
Reportable legal entity | Antero Resources Corporation    
Revenue:    
Natural gas sales 466,664 254,776
Natural gas liquids sales 194,652 73,065
Oil sales 26,960 10,179
Marketing Revenue 65,924 99,216
Commodity derivative fair value gains (losses) 438,775 279,924
Other income 4,440 3,825
Total revenue and other 1,197,415 720,985
Operating expenses:    
Lease operating 15,742 11,332
Gathering, compression, processing, and transportation 347,768 267,445
Production and ad valorem taxes 23,975 18,027
Marketing 89,993 137,933
Exploration 2,107 1,014
Impairment of unproved properties 26,899 15,526
Depletion, depreciation, and amortization 175,193 167,759
Accretion of asset retirement obligations 637 598
General and administrative 51,056 43,552
Total operating expenses 733,370 663,186
Operating income (loss) 464,045 57,799
Interest (58,003) (59,823)
Equity in net income of subsidiaries (6,300) 1,784
Total other expenses (64,303) (58,039)
Income (loss) before income taxes 399,742 (240)
Provision for income tax (expense) benefit (131,346) (4,815)
Net income (loss) and comprehensive income (loss) including noncontrolling interest 268,396 (5,055)
Net income (loss) and comprehensive income (loss) attributable to Antero Resources Corporation 268,396 (5,055)
Reportable legal entity | Non-Guarantor Subsidiaries    
Revenue:    
Gathering, processing, and water handling and treatment 174,769 136,073
Total revenue and other 174,769 136,073
Operating expenses:    
Lease operating 38,622 40,714
Gathering, compression, processing, and transportation 8,114 7,170
Production and ad valorem taxes 818 1,257
Depletion, depreciation, and amortization 27,536 23,823
General and administrative 14,457 13,091
Accretion of contingent acquisition consideration 3,526 3,396
Total operating expenses 93,073 89,451
Operating income (loss) 81,696 46,622
Equity in earnings of unconsolidated affiliate 2,231  
Interest (8,836) (3,704)
Total other expenses (6,605) (3,704)
Income (loss) before income taxes 75,091 42,918
Net income (loss) and comprehensive income (loss) including noncontrolling interest 75,091 42,918
Net income (loss) and comprehensive income (loss) attributable to Antero Resources Corporation 75,091 42,918
Eliminations    
Revenue:    
Gathering, processing, and water handling and treatment (172,165) (132,229)
Other income (4,440) (3,825)
Total revenue and other (176,605) (136,054)
Operating expenses:    
Lease operating (38,813) (40,753)
Gathering, compression, processing, and transportation (89,053) (65,877)
General and administrative (815) (356)
Accretion of contingent acquisition consideration (3,526) (3,396)
Total operating expenses (132,207) (110,382)
Operating income (loss) (44,398) (25,672)
Interest 169 243
Equity in net income of subsidiaries 6,300 (1,784)
Total other expenses 6,469 (1,541)
Income (loss) before income taxes (37,929) (27,213)
Net income (loss) and comprehensive income (loss) including noncontrolling interest (37,929) (27,213)
Net income and comprehensive income attributable to noncontrolling interest 37,162 15,705
Net income (loss) and comprehensive income (loss) attributable to Antero Resources Corporation $ (75,091) $ (42,918)