Quarterly report pursuant to Section 13 or 15(d)

Subsidiary Guarantor (Details 2)

v3.4.0.3
Subsidiary Guarantor (Details 2) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Revenue:    
Natural gas sales $ 254,776 $ 314,942
Natural gas liquids sales 73,065 78,786
Oil sales 10,179 12,457
Gathering, compression and water distribution 3,844 6,168
Marketing 99,216 57,780
Commodity derivative fair value gains 279,924 759,554
Total revenue 721,004 1,229,687
Operating expenses:    
Lease operating 11,293 8,102
Gathering, compression, processing, and transportation 208,738 163,662
Production and ad valorem taxes 19,284 24,218
Marketing 137,933 73,349
Exploration 1,014 1,371
Impairment of unproved properties 15,526 8,577
Depletion, depreciation, and amortization 191,582 182,300
Accretion of asset retirement obligations 598 400
General and administrative 56,287 59,049
Contract termination and rig stacking   8,965
Total operating expenses 642,255 529,993
Operating income 78,749 699,694
Interest (63,284) (53,185)
Total other expenses (63,284) (53,185)
Income before income taxes 15,465 646,509
Provision for income tax expense (4,815) (247,338)
Net income (loss) and comprehensive income (loss) including noncontrolling interest 10,650 399,171
Net income and comprehensive income attributable to noncontrolling interest 15,705 4,740
Net income (loss) and comprehensive income (loss) attributable to Antero Resources Corporation (5,055) 394,431
Reportable legal entity | Antero Resources Corp    
Revenue:    
Natural gas sales 254,776 314,942
Natural gas liquids sales 73,065 78,786
Oil sales 10,179 12,457
Gathering, compression and water distribution   3,867
Marketing 99,216 57,780
Commodity derivative fair value gains 279,924 759,554
Other income 3,825 276
Total revenue 720,985 1,227,662
Operating expenses:    
Lease operating 11,332 8,102
Gathering, compression, processing, and transportation 267,445 205,679
Production and ad valorem taxes 18,027 20,517
Marketing 137,933 73,349
Exploration 1,014 1,371
Impairment of unproved properties 15,526 8,577
Depletion, depreciation, and amortization 167,759 167,718
Accretion of asset retirement obligations 598 400
General and administrative 43,552 49,761
Contract termination and rig stacking   8,965
Total operating expenses 663,186 544,439
Operating income 57,799 683,223
Interest (59,823) (52,362)
Equity in net income of subsidiaries 1,784 10,908
Total other expenses (58,039) (41,454)
Income before income taxes (240) 641,769
Provision for income tax expense (4,815) (247,338)
Net income (loss) and comprehensive income (loss) including noncontrolling interest (5,055) 394,431
Net income (loss) and comprehensive income (loss) attributable to Antero Resources Corporation (5,055) 394,431
Reportable legal entity | Non-Guarantor Subsidiaries    
Revenue:    
Gathering, compression and water distribution 135,830 52,243
Total revenue 135,830 52,243
Operating expenses:    
Lease operating 40,714  
Gathering, compression, processing, and transportation 7,170 7,988
Production and ad valorem taxes 1,257 3,701
Depletion, depreciation, and amortization 23,823 14,582
General and administrative 13,091 9,501
Accretion of contingent acquisition consideration 3,396  
Total operating expenses 89,451 35,772
Operating income 46,379 16,471
Interest (3,461) (823)
Total other expenses (3,461) (823)
Income before income taxes 42,918 15,648
Net income (loss) and comprehensive income (loss) including noncontrolling interest 42,918 15,648
Net income (loss) and comprehensive income (loss) attributable to Antero Resources Corporation 42,918 15,648
Eliminations    
Revenue:    
Gathering, compression and water distribution (131,986) (49,942)
Other income (3,825) (276)
Total revenue (135,811) (50,218)
Operating expenses:    
Lease operating (40,753)  
Gathering, compression, processing, and transportation (65,877) (50,005)
General and administrative (356) (213)
Accretion of contingent acquisition consideration (3,396)  
Total operating expenses (110,382) (50,218)
Operating income (25,429)  
Equity in net income of subsidiaries (1,784) (10,908)
Total other expenses (1,784) (10,908)
Income before income taxes (27,213) (10,908)
Net income (loss) and comprehensive income (loss) including noncontrolling interest (27,213) (10,908)
Net income and comprehensive income attributable to noncontrolling interest 15,705 4,740
Net income (loss) and comprehensive income (loss) attributable to Antero Resources Corporation $ (42,918) $ (15,648)