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Investments in Unconsolidated Affiliates (Tables)
3 Months Ended
Mar. 31, 2019
Investments in Unconsolidated Affiliates  
Schedule of reconciliation of investments in unconsolidated affiliates

 

 

 

Antero

 

 

 

 

 

 

 

 

Total Investment

 

 

 

 

Midstream

 

 

 

 

 

MarkWest

 

 

in Unconsolidated

 

(in thousands)

 

 

Partners LP

 

 

Stonewall (1)

 

 

Joint Venture

 

 

Affiliates

 

Balance at December 31, 2018

 

$

43,492

 

 

 —

 

 

 —

 

 

43,492

 

Distributions from unconsolidated affiliates

 

 

(43,492)

 

 

 —

 

 

 —

 

 

(43,492)

 

Balance at March 12, 2019

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

Investments in unconsolidated affiliates acquired from Antero Midstream Partners

 

 

 —

 

 

133,752

 

 

956,357

 

 

1,090,109

 

Additional investments

 

 

 —

 

 

 —

 

 

65,729

 

 

65,729

 

Equity in net income of unconsolidated affiliates(2)

 

 

 —

 

 

307

 

 

2,573

 

 

2,880

 

Distributions from unconsolidated affiliates

 

 

 —

 

 

 —

 

 

(4,775)

 

 

(4,775)

 

Balance at March 31, 2019

 

$

 —

 

 

134,059

 

 

1,019,884

 

 

1,153,943

 


(1)Distributions are net of capital requirements retained by Stonewall.

(2)As adjusted for the amortization of the difference between the cost of the equity investments in Stonewall and the Joint Venture and the amount of the underlying equity in the new assets of Stonewall and the Joint Venture as of the date of the acquisition of Antero Midstream Partners.