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Cash Distributions and Dividends | 3 Months Ended
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Mar. 31, 2020
Cash Distributions and Dividends |
Cash Distributions and Dividends | (12) Cash Distributions and Dividends The following table details the amount of distributions and dividends paid with respect to the quarter indicated (in thousands, except per share data):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Distributions/ | ​
Quarter | ​ | ​ | ​ | ​ | ​ | Distributions/ | ​ | Dividends | ​
and Year |  | Record Date |  | Distribution Date |  | Dividends |  | per share | ​
Q4 2018 | ​ | February 1, 2019 | ​ | February 21, 2019 | ​ | $ | 30,543 | ​ | $ | 0.164 | ​
Q1 2019 | ​ | April 26, 2019 | ​ | May 8, 2019 | ​ | ​ | 152,082 | ​ | $ | 0.3025 | ​
Q1 2019 | ​ | May 15, 2019 | ​ | May 15, 2019 | ​ | ​ | 98 | ​ | ​ | * | ​
Q2 2019 | ​ | July 26, 2019 | ​ | August 7, 2019 | ​ | ​ | 154,146 | ​ | $ | 0.3075 | ​
Q2 2019 | ​ | August 14, 2019 | ​ | September 18, 2019 | ​ | ​ | 138 | ​ | ​ | * | ​
Q3 2019 | ​ | November 1, 2019 | ​ | November 13, 2019 | ​ | ​ | 153,033 | ​ | $ | 0.3075 | ​
Q3 2019 | ​ | November 14, 2019 | ​ | November 14, 2019 | ​ | ​ | 138 | ​ | ​ | * | ​
** | ​ | December 31, 2019 | ​ | December 31, 2019 | ​ | ​ | 2,299 | ​ | ​ | ** | ​
​ | ​ | Total 2019 | ​ | ​ | ​ | $ | 492,477 | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Q4 2019 | ​ | January 31, 2020 | ​ | February 12, 2020 | ​ | ​ | 148,876 | ​ | $ | 0.3075 | ​
* | ​ | February 14, 2020 | ​ | February 14, 2020 | ​ | ​ | 138 | ​ | ​ | * | ​
​ | ​ | Total 2020 | ​ | ​ | ​ | $ | 149,014 | ​ | ​ | ​ | ​
* | Dividends are paid in accordance with the terms of the Series A Preferred Stock as discussed in Note 13—Equity and Earnings Per Common Share.
** | Distributions declared on unvested Series B Units prior to the closing date of the Transactions that were paid upon the vesting date to the holders of the Exchanged B Units.
On April 14, 2020, the Board declared a cash dividend on the shares of AM common stock of $0.3075 per share for the quarter ended March 31, 2020. The dividend will be payable on May 12, 2020 to stockholders of record as of April 30, 2020. The Company pays dividends (i) out of surplus or (ii) if there is no surplus, out of the net profits for the fiscal year in which the dividend is declared and/or the preceding fiscal year, as provided under Delaware law. The Board also declared a cash dividend of $138 thousand on the shares of Series A Preferred Stock of Antero Midstream Corporation to be paid on May 15, 2020 in accordance with the terms of the Series A Preferred Stock, which are discussed in Note 13—Equity and Earnings Per Common Share. As of March 31, 2020, there were dividends in the amount of $69 thousand accumulated in arrears on the Company’s Series A Preferred Stock.

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