Equity-Based Compensation and Cash Awards (Tables)

9 Months Ended

Sep. 30, 2023

Schedule of equity based compensation by type of award

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
(in thousands)	2022		2023		2022		2023
Restricted stock units (1)	$	4,525		6,358		11,438		17,969
Performance share units (1)		833		1,741		1,938		4,525
Equity awards issued to directors		195		250		650		681
Total expense	$	5,553		8,349		14,026		23,175

(1) Amounts include equity-based compensation expense allocated to the Company by Antero Resources.

Summary of RSU awards activity

		Weighted Average
	Number	Grant Date
	of Units	Fair Value
Total AM LTIP RSUs awarded and unvested—December 31, 2022	4,877,258	$	9.79
Granted	3,103,722		10.59
Vested	(1,901,400)		9.59
Forfeited	(170,365)		10.39
Total AM LTIP RSUs awarded and unvested—September 30, 2023	5,909,215	$	10.26

ROIC PSUs

Summary of PSU awards activity

		Weighted Average
	Number	Grant Date
	of Units	Fair Value
Total AM LTIP PSUs awarded and unvested—December 31, 2022	439,935	$	11.28
Granted	512,166		10.58
Total AM LTIP PSUs awarded and unvested—September 30, 2023	952,101	$	10.90