Income Taxes (Tables)

12 Months Ended

Dec. 31, 2020

Income Tax Disclosure [Abstract]

Schedule of Components of the Provision for Income Taxes

The components of the provision for income taxes for the years ended December 31, 2020, 2019 and 2018 are as follows:

	Year Ended December 31,
	2020		2019		2018
	(In thousands)
Current income tax provision (benefit):
Federal	$	—	$	—	$	—
State	—		—		151
Total current income tax provision (benefit)	—		—		151
Deferred income tax provision (benefit):
Federal	142,466		(41,582)		(72,516)
State	—		—		—
Total deferred income tax provision (benefit)	142,466		(41,582)		(72,516)
Total provision (benefit) from income taxes	$	142,466	$	(41,582)	$	(72,365)

Schedule of Reconciliation of the Statutory Federal Income Tax

A reconciliation of the statutory federal income tax amount to the recorded expense is as follows:

	Year Ended December 31,
	2020		2019		2018
	(In thousands)
Income tax expense (benefit) at the federal statutory rate (21%)	$	(10,699)	$	37,722	$	40,008
Impact of net income attributable to the pre-incorporation period	—		—		(14,279)
Impact of nontaxable noncontrolling interest	233		(36,735)		(24,973)
State income tax expense (benefit), net of federal tax effect	—		—		119
Deferred taxes related to change in tax status	—		(42,424)		(72,787)
Change in valuation allowance	152,898		—		—
Other, net	34		(145)		(453)
Provision for (benefit from) income taxes	$	142,466	$	(41,582)	$	(72,365)

Schedule of Deferred Tax Assets and Liabilities

The components of the Partnership’s deferred tax assets and liabilities as of December 31, 2020 and 2019 are as follows:

	Year Ended December 31,
	2020		2019
	(In thousands)
Deferred tax assets:
Net operating loss and interest expense carryforwards (indefinite life carryforward)	$	10,477	$	7,958
Investment in the Operating Company	150,127		134,272
Other	—		237
Total deferred tax assets	160,604		142,467
Valuation allowance	(160,604)		(1)
Net deferred tax assets	—		142,466
Net deferred tax assets (liabilities)	$	—	$	142,466