Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows

v3.5.0.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash flows from operating activities:    
Net income (loss) including noncontrolling interest $ (564,840) $ 259,688
Adjustment to reconcile net income (loss) to net cash provided by operating activities:    
Depletion, depreciation, amortization, and accretion 390,162 360,154
Impairment of unproved properties 35,470 34,916
Derivative fair value (gains) losses 404,710 (757,327)
Gains (losses) on settled derivatives 616,848 380,720
Deferred income tax expense (benefit) (371,679) 163,249
Equity in earnings of unconsolidated affiliate (484)  
Equity-based compensation expense 49,286 55,365
Other 621 3,999
Changes in current assets and liabilities:    
Accounts receivable 7,798 (2,987)
Accrued revenue (5,237) 66,091
Other current assets 1,559 1,047
Accounts payable 3,430 4,579
Accrued liabilities 6,431 15,417
Revenue distributions payable 5,105 8,529
Other current liabilities (474) 1,668
Net cash provided by operating activities 578,706 595,108
Cash flows used in investing activities:    
Additions to unproved properties (58,195) (131,683)
Drilling and completion costs (709,974) (1,009,421)
Additions to water handling and treatment systems (78,625) (34,076)
Additions to gathering systems and facilities (97,300) (200,045)
Additions to other property and equipment (1,296) (2,794)
Investment in unconsolidated affiliate (45,044)  
Change in other assets (47,925) (759)
Proceeds from asset sales   40,000
Net cash used in investing activities (1,038,359) (1,338,778)
Cash flows from financing activities:    
Issuance of common stock 752,599 537,693
Proceeds from sale of common units in Antero Midstream Partners LP by Antero Resources Corporation 178,000  
Issuance of senior notes   750,000
Borrowings (repayments) on bank credit facility, net (427,000) (612,000)
Payments of deferred financing costs (96) (15,254)
Distributions to noncontrolling interest in consolidated subsidiary (31,681) (12,617)
Employee tax withholding for settlement of equity compensation awards (4,819) (4,513)
Other (2,572) (2,332)
Net cash provided by financing activities 464,431 640,977
Net increase (decrease) in cash and cash equivalents 4,778 (102,693)
Cash and cash equivalents, beginning of period 23,473 245,979
Cash and cash equivalents, end of period 28,251 143,286
Supplemental disclosure of cash flow information:    
Cash paid during the period for interest 121,128 103,133
Supplemental disclosure of noncash investing activities:    
Decrease in accounts payable and accrued liabilities for additions to property and equipment $ (155,671) $ (210,217)