Quarterly report pursuant to Section 13 or 15(d)

Subsidiary Guarantors - Statements of Operations (Details)

v3.5.0.2
Subsidiary Guarantors - Statements of Operations (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenue:        
Natural gas sales $ 229,787 $ 242,065 $ 484,563 $ 557,007
Natural gas liquids sales 94,713 59,525 167,778 138,311
Oil sales 16,740 23,032 26,919 35,489
Gathering, compression, and water handling and treatment 3,294 4,490 7,138 10,658
Marketing 90,902 49,829 190,118 107,609
Commodity derivative fair value gains (losses) (684,634) (2,227) (404,710) 757,327
Total revenue (249,198) 376,714 471,806 1,606,401
Operating expenses:        
Lease operating 12,043 6,673 23,336 14,775
Gathering, compression, processing, and transportation 206,060 166,669 414,798 330,331
Production and ad valorem taxes 17,458 22,519 36,742 46,737
Marketing 125,977 79,053 263,910 152,402
Exploration 1,109 628 2,123 1,999
Impairment of unproved properties 19,944 26,339 35,470 34,916
Depletion, depreciation, and amortization 197,362 177,046 388,944 359,346
Accretion of asset retirement obligations 620 408 1,218 808
General and administrative 60,102 59,191 116,389 118,240
Contract termination and rig stacking   1,937   10,902
Total operating expenses 640,675 540,463 1,282,930 1,070,456
Operating income (889,873) (163,749) (811,124) 535,945
Equity in earnings of unconsolidated affiliate 484   484  
Interest (62,595) (59,823) (125,879) (113,008)
Total other expenses (62,111) (59,823) (125,395) (113,008)
Income (loss) before income taxes (951,984) (223,572) (936,519) 422,937
Provision for income tax (expense) benefit 376,494 84,089 371,679 (163,249)
Net income (loss) and comprehensive income (loss) including noncontrolling interest (575,490) (139,483) (564,840) 259,688
Net income and comprehensive income attributable to noncontrolling interest 20,754 5,890 36,459 10,630
Net income (loss) and comprehensive income (loss) attributable to Antero Resources Corporation (596,244) (145,373) (601,299) 249,058
Reportable legal entity | Antero Resources Corp        
Revenue:        
Natural gas sales 229,787 242,065 484,563 557,007
Natural gas liquids sales 94,713 59,525 167,778 138,311
Oil sales 16,740 23,032 26,919 35,489
Gathering, compression, and water handling and treatment   1,826   5,693
Marketing 90,902 49,829 190,118 107,609
Commodity derivative fair value gains (losses) (684,634) (2,227) (404,710) 757,327
Other income 3,899 224 7,724 500
Total revenue (248,593) 374,274 472,392 1,601,936
Operating expenses:        
Lease operating 12,257 6,673 23,589 14,775
Gathering, compression, processing, and transportation 267,738 213,560 535,183 419,239
Production and ad valorem taxes 16,175 18,332 34,202 38,849
Marketing 125,977 79,053 263,910 152,402
Exploration 1,109 628 2,123 1,999
Impairment of unproved properties 19,944 26,339 35,470 34,916
Depletion, depreciation, and amortization 173,222 161,955 340,981 329,673
Accretion of asset retirement obligations 620 408 1,218 808
General and administrative 47,167 49,431 90,719 99,192
Contract termination and rig stacking   1,937   10,902
Total operating expenses 664,209 558,316 1,327,395 1,102,755
Operating income (912,802) (184,042) (855,003) 499,181
Interest (58,910) (58,980) (118,733) (111,342)
Equity in net income of subsidiaries (1,026) 13,560 758 24,468
Total other expenses (59,936) (45,420) (117,975) (86,874)
Income (loss) before income taxes (972,738) (229,462) (972,978) 412,307
Provision for income tax (expense) benefit 376,494 84,089 371,679 (163,249)
Net income (loss) and comprehensive income (loss) including noncontrolling interest (596,244) (145,373) (601,299) 249,058
Net income (loss) and comprehensive income (loss) attributable to Antero Resources Corporation (596,244) (145,373) (601,299) 249,058
Reportable legal entity | Non-Guarantor Subsidiaries        
Revenue:        
Gathering, compression, and water handling and treatment 136,809 56,593 272,882 108,836
Total revenue 136,809 56,593 272,882 108,836
Operating expenses:        
Lease operating 34,317   75,031  
Gathering, compression, processing, and transportation 6,997 7,105 14,167 15,093
Production and ad valorem taxes 1,283 4,187 2,540 7,888
Depletion, depreciation, and amortization 24,140 15,091 47,963 29,673
General and administrative 13,306 9,917 26,397 19,418
Accretion of contingent acquisition consideration 3,461   6,857  
Total operating expenses 83,504 36,300 172,955 72,072
Operating income 53,305 20,293 99,927 36,764
Equity in earnings of unconsolidated affiliate 484   484  
Interest (3,878) (843) (7,582) (1,666)
Total other expenses (3,394) (843) (7,098) (1,666)
Income (loss) before income taxes 49,911 19,450 92,829 35,098
Net income (loss) and comprehensive income (loss) including noncontrolling interest 49,911 19,450 92,829 35,098
Net income (loss) and comprehensive income (loss) attributable to Antero Resources Corporation 49,911 19,450 92,829 35,098
Eliminations        
Revenue:        
Gathering, compression, and water handling and treatment (133,515) (53,929) (265,744) (103,871)
Other income (3,899) (224) (7,724) (500)
Total revenue (137,414) (54,153) (273,468) (104,371)
Operating expenses:        
Lease operating (34,531)   (75,284)  
Gathering, compression, processing, and transportation (68,675) (53,996) (134,552) (104,001)
General and administrative (371) (157) (727) (370)
Accretion of contingent acquisition consideration (3,461)   (6,857)  
Total operating expenses (107,038) (54,153) (217,420) (104,371)
Operating income (30,376)   (56,048)  
Interest 193   436  
Equity in net income of subsidiaries 1,026 (13,560) (758) (24,468)
Total other expenses 1,219 (13,560) (322) (24,468)
Income (loss) before income taxes (29,157) (13,560) (56,370) (24,468)
Net income (loss) and comprehensive income (loss) including noncontrolling interest (29,157) (13,560) (56,370) (24,468)
Net income and comprehensive income attributable to noncontrolling interest 20,754 5,890 36,459 10,630
Net income (loss) and comprehensive income (loss) attributable to Antero Resources Corporation $ (49,911) $ (19,450) $ (92,829) $ (35,098)