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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenue:        
Natural gas sales $ 409,141 $ 364,373 $ 1,330,062 $ 848,936
Natural gas liquids sales 224,533 106,958 590,004 274,736
Oil sales 26,527 14,793 79,999 41,712
Gathering, processing, and water handling and treatment 2,869 2,969 8,665 10,107
Marketing 50,767 97,076 166,659 287,194
Commodity derivative fair value gains (losses) (65,957) 530,334 458,459 125,624
Total revenue 647,880 1,116,503 2,633,848 1,588,309
Operating expenses:        
Lease operating 23,491 13,854 56,034 37,190
Gathering, compression, processing, and transportation 282,134 234,915 815,710 649,713
Production and ad valorem taxes 22,995 15,554 70,341 52,296
Marketing 78,884 114,611 246,298 378,521
Exploration 1,599 1,166 5,510 3,289
Impairment of unproved properties 41,000 11,753 83,098 47,223
Depletion, depreciation, and amortization 206,968 199,113 610,879 588,057
Accretion of asset retirement obligations 658 628 1,944 1,846
General and administrative (including equity-based compensation expense) 62,203 57,577 191,000 173,966
Total operating expenses 719,932 649,171 2,080,814 1,932,101
Operating income (loss) (72,052) 467,332 553,034 (343,792)
Other income (expenses):        
Income Loss From Equity Method Investments 7,033 1,543 12,887 2,027
Interest (70,059) (59,755) (205,311) (185,634)
Total other expenses (63,026) (58,212) (192,424) (183,607)
Income (loss) before income taxes (135,078) 409,120 360,610 (527,399)
Provision for income tax (expense) benefit 45,078 (140,924) (105,087) 230,755
Net income (loss) and comprehensive income (loss) including noncontrolling interest (90,000) 268,196 255,523 (296,644)
Net income and comprehensive income attributable to noncontrolling interest 45,063 29,941 127,322 66,400
Net income (loss) and comprehensive income (loss) attributable to Antero Resources Corporation $ (135,063) $ 238,255 $ 128,201 $ (363,044)
Earnings (loss) per common share:        
Earnings (loss) per common share - basic (in dollars per share) $ (0.43) $ 0.78 $ 0.41 $ (1.26)
Earnings (loss) per common share assuming dilution:        
Earnings (loss) per common share—assuming dilution (in dollars per share) $ (0.43) $ 0.77 $ 0.41 $ (1.26)
Weighted average number of shares outstanding        
Basic (in shares) 315,463 306,785 315,275 288,607
Diluted (in shares) 315,463 308,657 316,140 288,607