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Equity-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2023

Schedule of equity based compensation by type of award

​	​	​	​	​	​	​	​	​	​	​
​	​	​	​	​	​					​
​	​	Year Ended December 31,								​
(in thousands)	​	2021		​	2022		​	2023		​
Restricted stock units (1)	​	$	11,461	​	​	16,039	​	​	24,409	​
Performance share units (1)	​	​	1,158	​	​	2,770	​	​	6,266	​
Equity awards issued to directors	​	​	910	​	​	845	​	​	931	​
Total expense	​	$	13,529	​	​	19,654	​	​	31,606	​

(1) Amounts include equity-based compensation expense allocated to the Company by Antero Resources.

Summary of RSU awards activity

​

​	​	​	​	​	​	​
​	​	​	​	Weighted Average		​
​	​	Number	​	Grant Date		​
​		of Units		Fair Value		​
Total AM LTIP RSUs awarded and unvested—December 31, 2022	​	4,877,258	​	$	9.79	​
Granted	​	3,103,722	​	​	10.59	​
Vested	​	(1,927,368)	​	​	9.54	​
Forfeited	​	(176,442)	​	​	10.38	​
Total AM LTIP RSUs awarded and unvested—December 31, 2023	​	5,877,170	​	$	10.28	​

ROIC PSUs

Summary of PSU awards activity

​

​	​	​	​	​	​	​
​	​	​	​	Weighted Average		​
​	​	Number	​	Grant Date		​
​		of Units		Fair Value		​
Total AM LTIP PSUs awarded and unvested—December 31, 2022	​	439,935	​	$	11.28	​
Granted	​	512,166	​	​	10.58	​
Total AM LTIP PSUs awarded and unvested—December 31, 2023	​	952,101	​	$	10.90	​

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- Definition

Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement.

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Tabular disclosure of the changes in outstanding nonvested performance-based units.

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