INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2021

Income Tax Disclosure [Abstract]

Schedule of Total Income Tax Provision (Benefit)

The total income tax provision (benefit) consists of the following:

	Year Ended December 31,
	2021		2020		2019
	(In thousands)
Current income taxes:
Federal	$	—	$	(696)	$	(15)
State	—		—		—
	—		(696)		(15)
Deferred income taxes:
Federal	—		—		67,516
State	—		—		(2,601)
	—		—		64,915
Total	$	—	$	(696)	$	64,900

Schedule of Reconciliation of Tax on Income (Loss) Before Income Taxes and Total Tax Expense (Benefit)

A reconciliation of the tax on the Company’s net income (loss) before income taxes and total tax expense (benefit) is shown below:

	Year Ended December 31,
	2021		2020		2019
	(In thousands)
Income tax expense (benefit) at U.S. statutory rate	$	20,836	$	17,008	$	(265,192)
Income tax expense (benefit) attributable to Apache limited partner	(15,932)		(12,892)		205,844
Income tax benefit attributable to Preferred Unit limited partners	(7,833)		(3,676)		(1,879)
State tax benefit(1)	—		—		(2,610)
CARES Act tax impact	—		(266)		—
Valuation allowance(1)	3,068		(620)		130,988
Warrant valuation adjustment	(139)		(252)		(2,348)
All other, net	—		2		97
Income tax expense (benefit)	$	—	$	(696)	$	64,900

(1) The change in state valuation allowance is included as a component of state income tax.

Schedule of Net Deferred Tax Assets (Liabilities)

The net deferred tax assets consist of the following:

	December 31,
	2021		2020
	(In thousands)
Deferred tax assets:
Investment in partnership	$	88,054	$	92,881
Asset retirement obligation	512		480
Net operating losses	44,437		37,675
Property, plant, and equipment	3,358		4,471
Total deferred tax assets	136,361		135,507
Valuation allowance	(135,263)		(133,077)
Net deferred tax assets	1,098		2,430
Deferred tax liabilities:
Other	1,098		2,430
Net deferred tax assets	$	—	$	—

Schedule of Unrecognized Tax Benefits

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:

	December 31,
	2021		2020		2019
	(In thousands)
Balance at beginning of year	$	4,613	$	2,057	$	—
Additions based on tax positions related to the prior year	—		—		—
Additions based on tax positions related to the current year	1,622		2,556		2,057
Reductions for tax positions of prior years	—		—		—
Balance at end of year	$	6,235	$	4,613	$	2,057