Reportable Segments (Tables)

12 Months Ended

Dec. 31, 2022


	Year Ended December 31, 2020
	Gathering and		Water				Consolidated
(in thousands)	Processing		Handling		Unallocated ⁽¹⁾		Total
Revenues:
Revenue–Antero Resources	$	711,459		259,932		—		971,391
Amortization of customer relationships		(37,086)		(33,586)		—		(70,672)
Total revenues		674,373		226,346		—		900,719
Operating expenses:
Direct operating		56,508		108,878		—		165,386
General and administrative		29,899		14,184		8,130		52,213
Facility idling		—		15,219		—		15,219
Depreciation		57,300		51,490		—		108,790
Impairment of property and equipment		947		97,232		—		98,179
Impairment of goodwill		575,461		—		—		575,461
Accretion of asset retirement obligations		—		180		—		180
Loss on asset sale		2,689		240		—		2,929
Total operating expenses		722,804		287,423		8,130		1,018,357
Operating loss	$	(48,431)		(61,077)		(8,130)		(117,638)

Equity in earnings of unconsolidated affiliates	$	86,430		—		—		86,430
Additions to property and equipment	$	157,931		38,793		—		196,724

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


	Year Ended December 31, 2021
	Gathering and		Water				Consolidated
(in thousands)	Processing		Handling		Unallocated ⁽¹⁾		Total
Revenues:
Revenue–Antero Resources	$	749,737		218,621		—		968,358
Revenue–third-party		—		516		—		516
Amortization of customer relationships		(37,086)		(33,586)		—		(70,672)
Total revenues		712,651		185,551		—		898,202
Operating expenses:
Direct operating		65,983		91,137		—		157,120
General and administrative		36,380		22,817		4,641		63,838
Facility idling		—		3,997		—		3,997
Depreciation		59,692		49,098		—		108,790
Impairment of property and equipment		4,608		434		—		5,042
Accretion of asset retirement obligations		—		460		—		460
Loss on asset sale		3,628		—		—		3,628
Total operating expenses		170,291		167,943		4,641		342,875
Operating income	$	542,360		17,608		(4,641)		555,327

Equity in earnings of unconsolidated affiliates	$	90,451		—		—		90,451
Additions to property and equipment	$	186,588		46,237		—		232,825

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


	Year Ended December 31, 2022
	Gathering and		Water				Consolidated
(in thousands)	Processing		Handling		Unallocated ⁽¹⁾		Total
Revenues:
Revenue–Antero Resources	$	743,265		244,770		—		988,035
Revenue–third-party		—		2,622		—		2,622
Amortization of customer relationships		(37,086)		(33,586)		—		(70,672)
Total revenues		706,179		213,806		—		919,985
Operating expenses:
Direct operating		75,889		104,365		—		180,254
General and administrative		38,972		17,495		5,658		62,125
Facility idling		—		4,166		—		4,166
Depreciation		81,390		50,372		—		131,762
Impairment of property and equipment		1,130		2,572		—		3,702
Accretion of asset retirement obligations		—		222		—		222
Loss on settlement of asset retirement obligations		—		539		—		539
Gain on asset sale		(2,120)		(131)		—		(2,251)
Total operating expenses		195,261		179,600		5,658		380,519
Operating income	$	510,918		34,206		(5,658)		539,466

Equity in earnings of unconsolidated affiliates	$	94,218		—		—		94,218
Additions to property and equipment, net	$	227,561		71,363		—		298,924

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

The summarized total assets of the Company’s reportable segments are as follows:

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