Reporting Segments (Tables)

12 Months Ended

Dec. 31, 2019

Reporting Segments

Schedule of operating results and assets of the Company's reportable segments

The operating results and assets of the Company’s reportable segments were as follows for the year ended December 31, 2019 (in thousands):

	Gathering and		Water				Consolidated
	Processing		Handling		Unallocated (1)		Total
Year ended December 31, 2019
Revenues:
Revenue–Antero Resources	$	543,538		306,010		—		849,548
Revenue–third-party		—		50		—		50
Amortization of customer relationships		(29,850)		(27,160)		—		(57,010)
Total revenues		513,688		278,900		—		792,588
Operating expenses:
Direct operating		41,546		154,272		—		195,818
General and administrative (excluding equity-based compensation)		20,660		10,898		13,038		44,596
Facility idling		—		11,401		—		11,401
Equity-based compensation		5,561		2,130		65,826		73,517
Impairment of property and equipment		592		409,147		—		409,739
Impairment of goodwill		—		340,350		—		340,350
Impairment of customer relationships		—		11,871		—		11,871
Depreciation		39,652		55,874		—		95,526
Accretion and change in fair value of contingent acquisition consideration		—		8,076		—		8,076
Accretion of asset retirement obligations		—		187		—		187
Total expenses		108,011		1,004,206		78,864		1,191,081
Operating income (loss)	$	405,677		(725,306)		(78,864)		(398,493)
Equity in earnings of unconsolidated affiliates	$	51,315		—		—		51,315
Total assets	$	4,891,114		1,287,245		104,519		6,282,878
Additions to property and equipment, net	$	267,383		124,607		—		391,990

⁽¹⁾ Certain expenses that are not directly attributable to gathering and processing and water handling are managed and evaluated on a consolidated basis.