Investments in Unconsolidated Affiliates (Tables)

3 Months Ended

Mar. 31, 2020

Investments in Unconsolidated Affiliates

Schedule of reconciliation of investments in unconsolidated affiliates

	Antero						Total Investment
	Midstream				MarkWest		in Unconsolidated
(in thousands)	Partners LP		Stonewall			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		—		142,071		426,214		568,285
Additional Investments		—		—		154,359		154,359
Equity in net income of unconsolidated affiliates(1)		—		4,117		47,198		51,315
Distributions from unconsolidated affiliates		—		(5,730)		(58,590)		(64,320)
Balance at December 31, 2019		—		140,458		569,181		709,639
Additional investments		—		—		11,690		11,690
Equity in net income of unconsolidated affiliates(1)		—		1,376		17,701		19,077
Distributions from unconsolidated affiliates		—		(2,085)		(21,543)		(23,628)
Balance at March 31, 2020	$	—		139,749		577,029		716,778

⁽¹⁾ 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 net assets of Stonewall and the Joint Venture as of the date of the Transactions.