Quarterly report pursuant to Section 13 or 15(d)

Subsidiary Guarantors - Balance Sheets (Details)

v3.19.2
Subsidiary Guarantors - Balance Sheets (Details) - USD ($)
$ in Thousands
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2017
Current assets:            
Accounts receivable, net $ 49,994   $ 51,073      
Accrued revenue 308,761   474,827      
Derivative instruments 346,894   245,263      
Other current assets 7,400   35,450      
Total current assets 713,049   806,613      
Unproved properties 1,585,355   1,767,600      
Proved properties 13,357,733   12,705,672      
Water handling and treatment systems     1,013,818      
Gathering systems and facilities 17,825   2,470,708      
Other property and equipment 69,676   65,842      
Property and equipment, gross 15,030,589   18,023,640      
Less accumulated depletion, depreciation, and amortization (4,115,187)   (4,153,725)      
Property and equipment, net 10,915,402   13,869,915      
Operating leases right-of-use assets 3,330,795          
Derivative instruments 369,548   362,169      
Investment in consolidated affiliates 1,967,203   433,642      
Investments in unconsolidated affiliates 1,967,203   433,642      
Other assets 34,883   47,125      
Total assets 17,330,880   15,519,464 $ 15,690,607    
Liabilities and Stockholders' Equity            
Accounts payable 44,758   66,289      
Accounts payable, related parties 98,570          
Accrued liabilities 358,680   465,070      
Revenue distributions payable 301,032   310,827      
Derivative instruments 274   532      
Short-term lease liabilities 413,691   2,459      
Other current liabilities 4,102   8,363      
Total current liabilities 1,221,107   853,540      
Long-term debt 3,602,379   5,461,688      
Deferred income tax liability 1,188,975   650,788      
Long-term lease liabilities 2,920,754   2,873      
Other liabilities 57,965   63,098      
Total liabilities 8,991,180   7,031,987      
Common stock 3,091   3,086      
Additional paid-in capital 6,138,130   6,485,174      
Accumulated earnings 2,198,479   1,177,548      
Total stockholders' equity 8,339,700   7,665,808      
Noncontrolling interests in consolidated subsidiary     821,669      
Total equity 8,339,700 $ 8,292,798 8,487,477 $ 8,802,911 $ 8,921,098 $ 8,876,136
Total liabilities and equity 17,330,880   15,519,464      
Reportable legal entity | Parent (Antero)            
Current assets:            
Accounts receivable, net 49,994   49,529      
Intercompany receivables     383      
Accrued revenue 308,761   474,827      
Derivative instruments 346,894   245,263      
Other current assets 7,400   13,937      
Total current assets 713,049   783,939      
Unproved properties 1,585,355   1,767,600      
Proved properties 13,357,733   13,306,585      
Gathering systems and facilities 17,825   17,825      
Other property and equipment 69,676   65,770      
Property and equipment, gross 15,030,589   15,157,780      
Less accumulated depletion, depreciation, and amortization (4,115,187)   (3,654,392)      
Property and equipment, net 10,915,402   11,503,388      
Operating leases right-of-use assets 3,330,795          
Derivative instruments 369,548   362,169      
Investment in consolidated affiliates 1,341,780   (740,031)      
Contingent acquisition consideration     114,995      
Investments in unconsolidated affiliates 625,423          
Other assets 34,883   31,200      
Total assets 17,330,880   12,055,660      
Liabilities and Stockholders' Equity            
Accounts payable 44,758   44,917      
Accounts payable, related parties 298,907          
Intercompany payable     111,620      
Accrued liabilities 358,680   392,949      
Revenue distributions payable 301,032   310,827      
Derivative instruments 274   532      
Short-term lease liabilities 413,691   2,459      
Other current liabilities 4,102   2,162      
Total current liabilities 1,421,444   865,466      
Long-term debt 3,602,379   3,829,541      
Deferred income tax liability 1,188,975   650,788      
Long-term lease liabilities 2,920,754   2,873      
Other liabilities 57,965   55,017      
Total liabilities 9,191,517   5,403,685      
Common stock 3,091   3,086      
Additional paid-in capital 6,138,130   5,471,341      
Accumulated earnings 1,998,142   1,177,548      
Total stockholders' equity     6,651,975      
Total equity 8,139,363   6,651,975      
Total liabilities and equity 17,330,880   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            
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)