INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2020

Income Tax Disclosure [Abstract]

Schedule of Total Income Tax Provision (Benefit)

The total income tax provision (benefit) consists of the following:

	Year Ended December 31,
	2020		2019		2018
	(In thousands)
Current income taxes:
Federal	$	(696)	$	(15)	$	(1,041)
State	—		—		—
	(696)		(15)		(1,041)
Deferred income taxes:
Federal	—		67,516		(10,464)
State	—		(2,601)		1,004
	—		64,915		(9,460)
Total	$	(696)	$	64,900	$	(10,501)

Schedule of Reconciliation of Tax on Income (Loss) Before Income Taxes and Total Tax Expense (Benefit)

A reconciliation of the tax on the Company’s net income (loss) before income taxes and total tax expense (benefit) is shown below:

	Year Ended December 31,
	2020		2019		2018
	(In thousands)
Income tax expense (benefit) at U.S. statutory rate	$	16,756	$	(267,540)	$	(2,255)
Income tax expense (benefit) attributable to Apache limited partner	(12,892)		205,844		(891)
Income tax benefit attributable to Preferred Unit limited partners	(3,676)		(1,879)		—
State tax expense (benefit)(1)	—		(2,610)		818
CARES Act tax impact	(266)		—		—
Valuation allowance(1)	(620)		130,988		(8,177)
All other, net	2		97		4
Income tax expense (benefit)	$	(696)	$	64,900	$	(10,501)

(1) The change in state valuation allowance is included as a component of state income tax.

Schedule of Net Deferred Tax Assets (Liabilities)

The net deferred tax assets consists of the following:

	December 31,
	2020		2019
	(In thousands)
Deferred tax assets:
Investment in partnership	$	92,881	$	103,195
Asset retirement obligation	480		451
Net operating losses	37,675		26,749
Property, plant, and equipment	4,471		5,679
Other	—		—
Total deferred tax assets	135,507		136,074
Valuation allowance	(133,077)		(135,024)
Net deferred tax assets	2,430		1,050
Deferred tax liabilities:
Property, plant, and equipment	—		—
Other	2,430		1,050
Net deferred tax assets	$	—	$	—

Schedule of Unrecognized Tax Benefits

	December 31,
	2020		2019		2018
	(In thousands)
Balance at beginning of year	$	2,057	$	—	$	—
Additions based on tax positions related to the prior year	—		—		—
Additions based on tax positions related to the current year	2,556		2,057		—
Reductions for tax positions of prior years	—		—		—
Balance at end of year	$	4,613	$	2,057	$	—