Quarterly report pursuant to Section 13 or 15(d)

Financial Instruments

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Financial Instruments
6 Months Ended
Jun. 30, 2019
Financial Instruments  
Financial Instruments

(10) Financial Instruments

The carrying values of accounts receivable and accounts payable at December 31, 2018 and June 30, 2019 approximated market values because of their short-term nature. The carrying values of the amounts outstanding under the Credit Facility and Antero Midstream Partners’ credit facility at December 31, 2018 and the Credit Facility at June 30, 2019 approximated fair value because the variable interest rates are reflective of current market conditions.

Based on Level 2 market data inputs, the fair value of senior notes was approximately $3.9 billion and $3.3 billion at December 31, 2018 and June 30, 2019, respectively.

See Note 11 to the unaudited condensed consolidated financial statements for information regarding the fair value of derivative financial instruments.