XML 59 R25.htm IDEA: XBRL DOCUMENT
v3.20.1

Business Combination (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2020
Business Combination |
Schedule of components of fair value of consideration transferred | The components of the fair value of consideration transferred are as follows (in thousands):
​ | ​ | ​ | ​ | ​
Fair value of shares of AM common stock issued(1) |  | $ | 4,017,881 | ​
Cash | ​ | ​ | 598,709 | ​
Total fair value of consideration transferred | ​ | $ | 4,616,590 | ​
| (1) | The fair value of each share of AM common stock issued in connection with the Transactions was determined to be $12.54, the closing price of AMGP common shares on March 12, 2019.
Schedule of estimated fair value of assets acquired and liabilities assumed | The final purchase price allocation of the Transactions are summarized in the table below. The fair value of assets acquired and liabilities assumed at March 12, 2019, were as follows (in thousands): ​
​ | ​ | ​ | ​ | ​
​ | ​ | As | ​
​ | ​ | Adjusted | ​
Cash and cash equivalents |  | $ | 619,532 | ​
Accounts receivable–Antero Resources | ​ | ​ | 142,312 | ​
Accounts receivable–third party | ​ | ​ | 117 | ​
Other current assets | ​ | ​ | 1,150 | ​
Property and equipment, net | ​ | ​ | 3,371,427 | ​
Investments in unconsolidated affiliates | ​ | ​ | 568,285 | ​
Customer relationships | ​ | ​ | 1,567,000 | ​
Other assets, net | ​ | ​ | 42,887 | ​
Total assets acquired | ​ | ​ | 6,312,710 | ​
​ | ​ | ​ | ​ | ​
Accounts payable–Antero Resources | ​ | ​ | 3,316 | ​
Accounts payable–third party | ​ | ​ | 30,674 | ​
Accrued liabilities | ​ | ​ | 87,021 | ​
Other current liabilities | ​ | ​ | 537 | ​
Long-term debt | ​ | ​ | 2,364,935 | ​
Contingent acquisition consideration | ​ | ​ | 116,924 | ​
Other liabilities | ​ | ​ | 8,524 | ​
Total liabilities assumed | ​ | ​ | 2,611,931 | ​
Net assets acquired, excluding goodwill | ​ | ​ | 3,700,779 | ​
Goodwill | ​ | ​ | 915,811 | ​
Net assets acquired | ​ | $ | 4,616,590 | ​

X
- References No definition available. + Details
Name: | us-gaap_BusinessCombinationsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of contingent payment arrangements including the terms that will result in payment and the accounting treatment that will be followed if such contingencies occur, including the potential impact on earnings per share if contingencies are to be settled in common stock of the entity. The description also may include the period over which amounts are expected to be paid, and changes in the amount since the previous reporting period. This also includes contingent options and commitments. + References No definition available. + Details
Name: | us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionContingentConsiderationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=116869197&loc=d3e4845-128472 + Details
Name: | us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration