XML 20 R7.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash flows from operating activities:    
Net income (loss) including noncontrolling interest $ 255,523 $ (296,644)
Adjustment to reconcile net income (loss) to net cash provided by operating activities:    
Depletion, depreciation, amortization, and accretion 612,823 589,903
Impairment of unproved properties 83,098 47,223
Derivative fair value (gains) losses (458,459) (125,624)
Gains on settled derivatives (137,392) (813,559)
Proceeds from derivative monetizations 749,906  
Deferred income tax expense (benefit) 105,087 (230,755)
Equity-based compensation expense 78,925 75,667
Equity in earnings of unconsolidated affiliate (12,887) (2,027)
Distributions of earnings from unconsolidated affiliates 10,120  
Other (1,191) 1,544
Changes in current assets and liabilities:    
Accounts receivable 1,771 10,077
Accrued revenue 28,375 (68,248)
Other current assets (3,836) 4,685
Accounts payable 4,731 5,683
Accrued liabilities 43,043 41,386
Revenue distributions payable 56,982 42,253
Other current liabilities (977) 103
Net cash provided by operating activities 1,692,808 905,697
Cash flows used in investing activities:    
Additions to proved properties (179,318) (64,789)
Additions to unproved properties (182,207) (559,572)
Drilling and completion costs (946,508) (1,009,851)
Additions to water handling and treatment systems (143,470) (137,355)
Additions to gathering systems and facilities (254,619) (154,136)
Additions to other property and equipment (11,417) (1,747)
Investments in unconsolidated affiliates (216,776) (45,044)
Change in other assets (16,148) (2,173)
Other 2,156  
Net cash used in investing activities (1,948,307) (1,974,667)
Cash flows from financing activities:    
Issuance of common stock   837,414
Issuance of common units by Antero Midstream Partners LP 248,949 19,605
Proceeds From Sale Of Interest In Partnership Unit 311,100 178,000
Issuance of senior notes   650,000
Borrowings (repayments) on bank credit facility, net (198,000) (552,000)
Payments of deferred financing costs   (9,029)
Distributions to noncontrolling interest in consolidated subsidiary (102,053) (51,238)
Employee tax withholding for settlement of equity compensation awards (8,500) (4,876)
Other (3,913) (3,867)
Net cash provided by financing activities 247,583 1,064,009
Net increase in cash and cash equivalents (7,916) (4,961)
Cash and cash equivalents, beginning of period 31,610 23,473
Cash and cash equivalents, end of period 23,694 18,512
Supplemental disclosure of cash flow information:    
Cash paid during the period for interest 174,324 132,928
Supplemental disclosure of noncash investing activities:    
Increase (decrease) in accounts payable and accrued liabilities for additions to property and equipment $ 3,084 $ 189,234