Quarterly report pursuant to Section 13 or 15(d)

Subsidiary Guarantor (Details 2)

v3.3.0.814
Subsidiary Guarantor (Details 2) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenue:        
Natural gas sales $ 253,975 $ 310,390 $ 810,982 $ 936,877
Natural gas liquids sales 50,092 91,111 188,403 244,807
Oil sales 20,138 29,304 55,627 89,059
Gathering, compression and water distribution 4,426 4,875 15,084 11,964
Marketing 35,633 17,835 143,242 23,048
Commodity derivative fair value gains (losses) 1,079,071 308,975 1,836,398 (63,720)
Total revenue 1,443,335 762,490 3,049,736 1,242,035
Operating expenses:        
Lease operating 10,786 8,680 25,561 18,570
Gathering, compression, processing, and transportation 160,302 128,531 490,633 315,878
Production and ad valorem taxes 10,721 21,726 57,458 64,123
Marketing 61,799 32,192 214,201 58,119
Exploration 1,087 7,476 3,086 21,176
Impairment of unproved properties 8,754 4,542 43,670 7,895
Depletion, depreciation, and amortization 188,667 124,624 548,013 320,984
Accretion of asset retirement obligations 419 320 1,227 931
General and administrative 59,685 53,000 177,925 162,342
Contract termination and rig stacking     10,902  
Total operating expenses 502,220 381,091 1,572,676 970,018
Operating income (loss) 941,115 381,399 1,477,060 272,017
Interest (60,921) (42,455) (173,929) (111,057)
Loss on early extinguishment of debt       20,386
Total other expenses (60,921)   (173,929) (131,443)
Income (loss) from continuing operations before income taxes and discontinued operations 880,194 338,944 1,303,131 140,574
Provision for income tax (expense) benefit (335,460) (135,035) (498,709) (75,919)
Income (loss) from continuing operations     804,422 64,655
Net income (loss) and comprehensive income (loss) including noncontrolling interest 544,734 203,909 804,422 66,865
Net income and comprehensive income attributable to noncontrolling interest 10,892   21,522  
Net income (loss) and comprehensive income (loss) attributable to Antero Resources Corporation 533,842 $ 203,909 782,900 $ 66,865
Reportable legal entity | Antero Resources Corp        
Revenue:        
Natural gas sales 253,975   810,982  
Natural gas liquids sales 50,092   188,403  
Oil sales 20,138   55,627  
Gathering, compression and water distribution 958   6,651  
Marketing 35,633   143,242  
Commodity derivative fair value gains (losses) 1,079,071   1,836,398  
Fee Income 324   824  
Total revenue 1,440,191   3,042,127  
Equity in earnings of subsidiary 23,913   48,381  
Operating expenses:        
Lease operating 10,786   25,561  
Gathering, compression, processing, and transportation 211,469   630,708  
Production and ad valorem taxes 18,584   57,433  
Marketing 61,799   214,201  
Exploration 1,087   3,086  
Impairment of unproved properties 8,754   43,670  
Depletion, depreciation, and amortization 173,592   503,265  
Accretion of asset retirement obligations 419   1,227  
General and administrative 48,666   147,858  
Contract termination and rig stacking     10,902  
Total operating expenses 535,156   1,637,911  
Operating income (loss) 905,035   1,404,216  
Interest (59,647)   (170,989)  
Income (Loss) from Equity Method Investments 23,913   48,381  
Total other expenses (35,734)   (122,608)  
Income (loss) from continuing operations before income taxes and discontinued operations 869,301   1,281,608  
Provision for income tax (expense) benefit (335,460)   (498,709)  
Net income (loss) and comprehensive income (loss) including noncontrolling interest 533,841   782,899  
Net income (loss) and comprehensive income (loss) attributable to Antero Resources Corporation 533,841   782,899  
Reportable legal entity | Non-Guarantor Subsidiaries        
Revenue:        
Gathering, compression and water distribution 59,258   168,094  
Total revenue 59,258   168,094  
Operating expenses:        
Gathering, compression, processing, and transportation 4,699   19,792  
Production and ad valorem taxes     25  
Production and ad valorem taxes (7,863)      
Depletion, depreciation, and amortization 15,075   44,748  
General and administrative 11,267   30,685  
Total operating expenses 23,178   95,250  
Operating income (loss) 36,080   72,844  
Interest (1,274)   (2,940)  
Total other expenses (1,274)   (2,940)  
Income (loss) from continuing operations before income taxes and discontinued operations 34,806   69,904  
Net income (loss) and comprehensive income (loss) including noncontrolling interest 34,806   69,904  
Net income (loss) and comprehensive income (loss) attributable to Antero Resources Corporation 34,806   69,904  
Eliminations        
Revenue:        
Gathering, compression and water distribution (55,790)   (159,661)  
Fee Income (324)   (824)  
Total revenue (56,114)   (160,485)  
Equity in earnings of subsidiary (23,913)   (48,381)  
Operating expenses:        
Gathering, compression, processing, and transportation (55,866)   (159,867)  
General and administrative (248)   (618)  
Total operating expenses (56,114)   (160,485)  
Income (Loss) from Equity Method Investments (23,913)   (48,381)  
Total other expenses (23,913)   (48,381)  
Income (loss) from continuing operations before income taxes and discontinued operations (23,913)   (48,381)  
Net income (loss) and comprehensive income (loss) including noncontrolling interest (23,913)   (48,381)  
Net income and comprehensive income attributable to noncontrolling interest 10,892   21,522  
Net income (loss) and comprehensive income (loss) attributable to Antero Resources Corporation $ (34,805)   $ (69,903)