XML 59 R39.htm IDEA: XBRL DOCUMENT
v3.20.4

Commitments and Contingencies (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2020
Commitments And Contingencies Disclosure [Abstract] |
Schedule of Components of Lease Expense | The components of our total lease expense for the two years ended December 31, 2020, the majority of which is included in general and administrative expense, are as follows (in thousands):
|  |  | Year Ended December 31, |  |
|  |  | 2020 |  |  |  | 2019 |  |
Operating lease cost |  | $ | 27,895 |  |  | $ | 15,536 |  |
Variable lease expense (1) |  |  | 33,849 |  |  |  | 6,916 |  |
Short-term lease expense (2) |  |  | 1,866 |  |  |  | 2,965 |  |
Sublease income |  |  | (3,199 | ) |  |  | (3,496 | ) |
Total lease expense |  | $ | 60,411 |  |  | $ | 21,921 |  |
Short-term lease costs (3) |  | $ | 15,984 |  |  | $ | 29,126 |  |
(1) Variable lease payments that are not dependent on an index or rate are not included in the lease liability or ROU assets. (2) Short-term lease expense represents expense related to leases with a contract term of one year or less. (3) These short-term lease costs are related to leases with a contract term of one year or less and the majority of which are related to drilling rigs and are capitalized as part of natural gas and oil properties on our consolidated balance sheets and may fluctuate based on the number of drilling rigs being utilized.
Supplemental Cash Flow Information Related to Operating Leases | Supplemental cash flow information related to our operating leases is included in the table below (in thousands):
|  |  | Year Ended December 31, |  |  |
|  | 2020 |  |  |  | 2019 |  |  |
Cash paid for amounts included in the measurement of lease liabilities | $ | 32,030 |  |  | $ | 18,700 |  |  |
ROU assets added in exchange for lease obligations | $ | 27,769 |  |  | $ | 24,839 |  |  |
Supplemental Balance Sheet Information Related to Operating Leases | Supplemental balance sheet information related to our operating leases is included in the table below (in thousands):
|  |  | Year Ended December 31, |  |
|  | 2020 |  |  |  | 2019 |  |
Operating lease ROU assets | $ | 63,581 |  |  | $ | 62,053 |  |
Accrued liabilities – current | $ | (24,673 | ) |  | $ | (27,856 | ) |
Operating lease liabilities – long-term | $ | (43,155 | ) |  | $ | (41,068 | ) |
Schedule of Weighted Average Remaining Lease Term and Weighted Average Discount Rate for Operating Leases | Our weighted average remaining lease term and weighted average discount rate for our operating leases are as follows:
|  | Year Ended December 31, |
|  | 2020 |  |  | 2019 |
Weighted average remaining lease term |  | 4.0 years |  |  | 4.6 years |
Weighted average discount rate |  | 6% |  |  | 6% |
Schedule of Lease Liabilities with Enforceable Contract Terms are Greater Than One year Mature | Our lease liabilities with enforceable contract terms that are greater than one year mature as follows (in thousands):
|  | Operating Leases |
2021 | $ | 27,850 |
2022 |  | 20,868 |
2023 |  | 6,866 |
2024 |  | 6,468 |
2025 |  | 6,468 |
Thereafter |  | 8,795 |
Total lease payments |  | 77,315 |
Less effects of discounting |  | (9,487 | )
Total lease liability | $ | 67,828 |
Schedule of Future Minimum Transportation Fees Due | We have entered into firm transportation and gathering contracts with various pipeline carriers for the future transportation and gathering of natural gas, NGLs and oil production from our properties in Pennsylvania. Under these contracts, we are obligated to transport, process or gather minimum daily natural gas volumes, or pay for any deficiencies at a specified reservation fee rate. Our production committed to these pipelines is currently expected to exceed the minimum daily volumes provided in the contracts. However, if in the future we fail to deliver the committed volumes, we would recognize a deficiency payment in the period in which the under delivery takes place and the related liability has been incurred. As of December 31, 2020, future minimum transportation, processing and gathering fees under our commitments are as follows (in thousands):
| Transportation, Gathering and Processing Contracts (a) |
2021 | $ | 837,792 |
2022 |  | 818,569 |
2023 |  | 782,130 |
2024 |  | 766,474 |
2025 |  | 680,757 |
Thereafter |  | 4,138,532 |
| $ | 8,024,254 |
(a) The amounts in this table represent the gross amounts that we are committed to pay; however, we will record in our financial statements our proportionate share of costs based on our working interest which can vary based on volumes produced.
Schedule of Estimated Settlement of Divestiture Contract Obligation Based On Discounted Value | As of December 31, 2020, our estimated settlement of this retained obligation based on a discounted value is as follows (in thousands):
| Divestiture Contract Obligation |
2021 | $ | 92,593 |
2022 |  | 74,942 |
2023 |  | 62,639 |
2024 |  | 54,042 |
2025 |  | 47,704 |
Thereafter |  | 152,175 |
| $ | 484,095 |
Future Delivery Commitments | We have various volume delivery commitments that are related to our Marcellus Shale properties. We expect to be able to fulfill our contractual obligations from our own production; however, we may purchase third-party volumes to satisfy our commitments or pay demand fees for commitment shortfalls, should they occur. As of December 31, 2020, our delivery commitments through 2031 were as follows:
Year Ending December 31, |  | Natural Gas (mmbtu per day) |  | Ethane and Propane (bbls per day) |
2021 |  |  | 476,877 |  | 35,000 |
2022 |  |  | 477,679 |  | 35,000 |
2023 |  |  | 292,423 |  | 35,000 |
2024 |  |  | 211,216 |  | 35,000 |
2025 |  |  | 170,000 |  | 35,000 |
2026 |  |  | 158,301 |  | 35,000 |
2027 |  |  | 100,000 |  | 35,000 |
2028 |  |  | 100,000 |  | 35,000 |
2029 |  |  | 100,000 |  | 20,000 |
2030-2031 |  |  | — |  | 20,000 |

X
- Definition Tabular disclosure of schedule of estimated settlement of divestiture contract obligation based on discounted value. + References No definition available. + Details
Name: | rrc_ScheduleOfEstimatedSettlementOfDivestitureContractObligationBasedOnDiscountedValueTableTextBlock
Namespace Prefix: | rrc_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of schedule of transportation commitments future minimum transportation fees due table text block. + References No definition available. + Details
Name: | rrc_ScheduleOfFutureMinimumTransportationFeesDueTableTextBlock
Namespace Prefix: | rrc_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of supplemental balance sheet information related to operating leases. + References No definition available. + Details
Name: | rrc_ScheduleOfSupplementalBalanceSheetInformationRelatedToOperatingLeasesTableTextBlock
Namespace Prefix: | rrc_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of supplemental cash flow information related to operating leases. + References No definition available. + Details
Name: | rrc_ScheduleOfSupplementalCashFlowInformationRelatedToOperatingLeasesTableTextBlock
Namespace Prefix: | rrc_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of weighted average remaining lease term and weighted average discount rate for operating leases. + References No definition available. + Details
Name: | rrc_ScheduleOfWeightedAverageRemainingLeaseTermAndWeightedAverageDiscountRateForOperatingLeasesTableTextBlock
Namespace Prefix: | rrc_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of obligation to provide fixed and determinable quantity of oil and gas under existing contract or agreement. Includes, but is not limited to, principal source and quantity of oil and gas expected to be received and quantity of oil and gas subject to delivery commitment. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 1207 + Details
Name: | srt_OilAndGasDeliveryCommitmentsAndContractsDisclosureTextBlock
Namespace Prefix: | srt_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=121609121&loc=SL77918686-209980 + Details
Name: | us-gaap_LeaseCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=121609121&loc=SL77918701-209980 + Details
Name: | us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration