XML 28 R13.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Property and Equipment | 12 Months Ended
--- | ---
Dec. 31, 2023
Property and Equipment |
Property and Equipment | (6) Property and Equipment (a) Summary of Property and Equipment Property and equipment, net consisted of the following items: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Estimated | ​ | December 31, | ​
(in thousands) |  | Useful Lives |  | 2022 |  | 2023 | ​
Land |  | n/a |  | $ | 31,668 |  | ​ | 31,668 | ​
Gathering systems and facilities | ​ | 40-50 years (1) | ​ | ​ | 3,281,872 | ​ | ​ | 3,345,845 | ​
Permanent buried pipelines and equipment | ​ | 7-20 years | ​ | ​ | 601,347 | ​ | ​ | 646,469 | ​
Surface pipelines and equipment | ​ | 1-7 years | ​ | ​ | 66,726 | ​ | ​ | 90,871 | ​
Heavy trucks and equipment | ​ | 3-5 years | ​ | ​ | 5,157 | ​ | ​ | 5,157 | ​
Above ground storage tanks | ​ | 5-10 years | ​ | ​ | 2,953 | ​ | ​ | 5,130 | ​
Other assets | ​ | 3-20 years | ​ | ​ | — | ​ | ​ | 8,110 | ​
Construction-in-progress | ​ | n/a | ​ |  | 158,977 | ​ | ​ | 192,852 | ​
Total property and equipment | ​ | ​ | ​ | ​ | 4,148,700 | ​ | ​ | 4,326,102 | ​
Less accumulated depreciation | ​ | ​ | ​ | ​ | (397,269) | ​ | ​ | (532,579) | ​
Property and equipment, net | ​ | ​ | ​ | $ | 3,751,431 | ​ | ​ | 3,793,523 | ​
(1) | Gathering systems and facilities are recognized as a single-leased asset with no residual value.
​ (b) Asset Acquisitions ​ On October 25, 2022, the Company acquired certain Marcellus gas gathering and compression assets from Crestwood for $205 million in cash, before closing adjustments. These assets included 72 miles of dry gas gathering pipelines and nine compressor stations with approximately 700 MMcf/d of compression capacity. The cash consideration for this asset acquisition was allocated to land and gathering systems and facilities, included in Property and equipment in the consolidated balance sheets, for $3 million and $202 million, respectively. ​ Additionally, on December 21, 2022, the Company acquired certain Utica compression assets from EnLink for $10 million in cash, before closing adjustments. These assets included four compressor stations with approximately 380 MMcf/d of compression capacity. The acquired compression assets are interconnected with the Company’s existing low pressure and high pressure gathering systems and service Antero Resources’ production. The cash consideration for this asset acquisition was allocated to gathering systems and facilities included in Property and equipment in the consolidated balance sheets.

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

X
- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 360 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//360/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 6 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480321/958-360-50-6 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480321/958-360-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 7 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480321/958-360-50-7 + Details
Name: | us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration