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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows provided by (used in) operating activities:      
Net income (loss) $ 326,242 $ 331,617 $ (122,527)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation 131,762 108,790 108,790
Accretion of asset retirement obligations 222 460 180
Payment of contingent consideration in excess of acquisition date fair value     (8,076)
Impairment 3,702 5,042 673,640
Deferred income tax expense (benefit) 117,494 117,123 (171)
Equity-based compensation 19,654 13,529 12,778
Equity in earnings of unconsolidated affiliates (94,218) (90,451) (86,430)
Distributions from unconsolidated affiliates 120,460 118,990 98,858
Amortization of customer relationships 70,672 70,672 70,672
Amortization of deferred financing costs 5,716 5,549 4,503
Settlement of asset retirement obligations (5,454) (1,385) (2,183)
Loss on settlement of asset retirement obligations 539    
Loss (gain) on asset sale (2,251) 3,628 2,929
Loss on early extinguishment of debt   21,757  
Changes in assets and liabilities:      
Accounts receivable-Antero Resources (3,354) (7,475) 27,306
Accounts receivable-third party 723 904 1,434
Income tax receivable   16,311 (17,251)
Other current assets (313) 550 155
Accounts payable-Antero Resources 782 792 716
Accounts payable-third party 7,973 695 1,201
Accrued liabilities (747) (7,346) (13,142)
Net cash provided by operating activities 699,604 709,752 753,382
Cash flows provided by (used in) investing activities:      
Investments in unconsolidated affiliates   (2,070) (25,267)
Return of investment in unconsolidated affiliate 17,000    
Acquisition of gathering systems and facilities (216,726)    
Cash received in asset sale 5,726 1,653 822
Change in other assets (98)   1,938
Change in other liabilities (804)    
Net cash used in investing activities (493,826) (233,242) (219,231)
Cash flows provided by (used in) financing activities:      
Dividends to stockholders (432,825) (471,171) (589,640)
Dividends to preferred stockholders (550) (550) (550)
Repurchases of common stock     (24,713)
Issuance of senior notes   750,000 550,000
Redemption of senior notes   (667,472)  
Payments of deferred financing costs (302) (16,603) (6,283)
Borrowings (repayments) on bank credit facilities, net 234,800 (66,300) (346,000)
Payment of contingent acquisition consideration     (116,924)
Employee tax withholding for settlement of equity compensation awards (6,901) (5,013) (476)
Other   (41) (160)
Net cash used in financing activities (205,778) (477,150) (534,746)
Net decrease in cash and cash equivalents   (640) (595)
Cash and cash equivalents, beginning of period   640 1,235
Cash and cash equivalents, end of period     640
Supplemental disclosure of cash flow information:      
Cash paid during the period for interest 183,079 179,748 140,732
Cash received during the period for income taxes   16,311 39,205
Increase (decrease) in accrued capital expenditures and accounts payable for property and equipment (17,003) 26,995 (14,472)
Gathering systems and facilities      
Cash flows provided by (used in) investing activities:      
Additions (227,561) (186,588) (157,931)
Water handling systems      
Cash flows provided by (used in) investing activities:      
Additions $ (71,363) $ (46,237) $ (38,793)