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STATEMENT OF CONSOLIDATED CHANGES IN EQUITY AND NONCONTROLLING INTERESTS - USD ($)
$ in Thousands
Total
Additional Paid-in Capital
Retained Earnings (Accumulated Deficit)
Accumulated Other Comprehensive Loss
Preferred Unit limited partners
Redeemable Common Stock
Class A Common Stock
Class A Common Stock
Common Stock
Class C Common Stock
Class C Common Stock
Common Stock
Beginning balance, shares (in shares) at Dec. 31, 2016               423,000   14,464,000
Beginning balance at Dec. 31, 2016 $ 59,340 $ 59,338               $ 2
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Issuance of shares (in shares)               3,542,000   121,075,000
Issuance of shares 515,285 515,273               $ 12
Net income (loss) (18,575)   $ (18,575)              
Ending balance, shares (in shares) at Dec. 31, 2017             37,732,112 3,965,000 [1]   135,539,000
Ending balance at Dec. 31, 2017 556,050 574,611 (18,575)             $ 14
Ending balance, shares (in shares) at Aug. 07, 2018             65,496,277      
Beginning balance, shares (in shares) at Dec. 31, 2017             37,732,112 3,965,000 [1]   135,539,000
Beginning balance at Dec. 31, 2017 556,050 574,611 (18,575)             $ 14
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Issuance of shares (in shares)               3,348,000   114,461,000
Issuance of shares 480,294 480,283               $ 11
Effect of reverse recapitalization (in shares)               67,616,000    
Effect of reverse recapitalization (581,385) (581,392)       $ 1,272,066   $ 7    
Net income (loss) (4,388)   (4,388)     4,149        
Change in redemption value of noncontrolling interest 664,285 473,502 190,783     (664,285)        
Ending balance, shares (in shares) at Dec. 31, 2018             74,929,305 74,929,000 250,000,000 250,000,000
Ending balance at Dec. 31, 2018 (213,714)   (213,746)         $ 7   $ 25
Increase (Decrease) in Temporary Equity [Roll Forward]                    
Effect of reverse recapitalization (581,385) (581,392)       1,272,066   $ 7    
Change in redemption value of noncontrolling interests (664,285) (473,502) (190,783)     664,285        
Redeemable noncontrolling interest - Preferred Units: end of period at Dec. 31, 2018 1,900,000       $ 0 1,940,500        
Beginning balance, shares (in shares) at Nov. 08, 2018             67,616,277      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Issuance of shares (in shares)             7,313,028   250,000,000  
Effect of reverse recapitalization (in shares)             7,313,028   250,000,000  
Ending balance, shares (in shares) at Nov. 09, 2018             74,929,305   250,000,000  
Beginning balance, shares (in shares) at Dec. 31, 2018             74,929,305 74,929,000 250,000,000 250,000,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income (loss) (369,670)   (369,670)              
Change in redemption value of noncontrolling interest (230,575) (39,792) (190,783)     230,575        
Ending balance, shares (in shares) at Dec. 31, 2019             74,929,305 74,929,000 250,000,000 250,000,000
Ending balance at Dec. 31, 2019 (353,075) 39,792 (392,633) $ (266)       $ 7   $ 25
Increase (Decrease) in Temporary Equity [Roll Forward]                    
Issuance of Series A Cumulative Redeemable Preferred Units(2) [2]         516,790          
Net income (loss)         38,809 (1,008,039)        
Change in redemption value of noncontrolling interests 230,575 $ 39,792 $ 190,783     (230,575)        
Accumulated other comprehensive loss (266)     $ (266)   (886)        
Redeemable noncontrolling interest - Preferred Units: end of period at Dec. 31, 2019 $ 701,000       $ 555,599 $ 701,000        
[1]
For periods prior to the Business Combination, the number of shares has been retroactively restated to reflect the number of shares received by Apache. For further detail of the Business Combination and associated financial statement presentation, please refer to Note 1—Summary of Significant Accounting Policies and Note 2—Recapitalization Transaction.
[2]
Certain redemption features embedded within the Preferred Unit purchase agreement require bifurcation and measurement at fair value. For further detail, refer to Note 12—Series A Cumulative Redeemable Preferred Units.