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STATEMENT OF CONSOLIDATED CHANGES IN EQUITY AND NONCONTROLLING INTERESTS - USD ($)
$ in Thousands
Total
Redeemable Noncontrolling Interest — Preferred Unit Limited Partners
Redeemable Noncontrolling Interest — Apache Limited Partner
Additional Paid-in Capital
Retained Earnings (Accumulated Deficit)
Accumulated Other Comprehensive Loss
Class A Common Stock
Class A Common Stock
Common Stock
Class C Common Stock
Class C Common Stock
Common Stock
Redeemable noncontrolling interest — Preferred Units: at December 31, 2019 at Dec. 31, 2017   $ 0 [1] $ 0              
Beginning balance, shares (in shares) at Dec. 31, 2017             1,886,606 198,000 [2],[3]   6,777,000 [2],[3]
Beginning balance at Dec. 31, 2017 $ 556,067     $ 574,641 $ (18,575) $ 0   $ 0 [2]   $ 1 [2]
Ending balance, shares (in shares) at Aug. 07, 2018             3,274,814      
Redeemable noncontrolling interest — Preferred Units: at December 31, 2019 at Dec. 31, 2017   0 [1] 0              
Increase (Decrease) in Temporary Equity [Roll Forward]                    
Effect of reverse recapitalization     1,272,066              
Net income (loss)     4,149              
Change in redemption value of noncontrolling interests (664,285)   664,285 (473,502) (190,783)          
Redeemable noncontrolling interest — Preferred Units: at December 31, 2020 at Dec. 31, 2018   0 [1] 1,940,500              
Beginning balance, shares (in shares) at Dec. 31, 2017             1,886,606 198,000 [2],[3]   6,777,000 [2],[3]
Beginning balance at Dec. 31, 2017 556,067     574,641 (18,575) 0   $ 0 [2]   $ 1 [2]
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Issuance of shares (in shares) [2],[3]               167,000   5,723,000
Issuance of shares 480,283     480,283            
Effect of reverse recapitalization (in shares) [2],[3]               3,381,000    
Effect of reverse recapitalization (581,391)     (581,392)       $ 1 [2]    
Net income (loss) (4,388)       (4,388)          
Change in redemption value of noncontrolling interest 664,285   (664,285) 473,502 190,783          
Ending balance, shares (in shares) at Dec. 31, 2018 [2],[3]               3,746,000   12,500,000
Ending balance at Dec. 31, 2018 (213,714)     30 (213,746) 0   $ 1 [2]   $ 1 [2]
Beginning balance, shares (in shares) at Nov. 08, 2018             3,380,814   0  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Issuance of shares (in shares)             365,646   12,500,000  
Ending balance, shares (in shares) at Nov. 09, 2018             3,746,460   12,500,000  
Increase (Decrease) in Temporary Equity [Roll Forward]                    
Net income (loss)   38,809 [1] (1,008,039)              
Change in redemption value of noncontrolling interests 230,575   (230,575) 39,792 190,783          
Issuance of Series A Cumulative Redeemable Preferred Units [1]   516,790                
Accumulated other comprehensive income (loss)     (886)              
Redeemable noncontrolling interest — Preferred Units: at December 31, 2020 at Dec. 31, 2019 701,000 555,599 [1] 701,000              
Beginning balance, shares (in shares) at Dec. 31, 2018 [2],[3]               3,746,000   12,500,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income (loss) (369,670)       (369,670)          
Change in redemption value of noncontrolling interest (230,575)   230,575 (39,792) (190,783)          
Accumulated other comprehensive income (loss) (266)         (266)        
Ending balance, shares (in shares) at Dec. 31, 2019             3,746,460 3,746,000 [2],[3] 12,500,000 12,500,000 [2],[3]
Ending balance at Dec. 31, 2019 (353,075)     39,822 (392,633) (266)   $ 1 [2]   $ 1 [2]
Increase (Decrease) in Temporary Equity [Roll Forward]                    
Net income (loss)   75,906 [1] 2,987              
Change in redemption value of noncontrolling interests 110,514   (110,514) 110,514            
Accumulated other comprehensive income (loss)     402              
Distributions   (23,124) [1] (18,750)              
Redeemable noncontrolling interest — Preferred Units: at December 31, 2020 at Dec. 31, 2020 575,100 $ 608,381 [1] 575,125              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income (loss) 1,591       1,591          
Change in redemption value of noncontrolling interest (110,514)   $ 110,514 (110,514)            
Common Dividends declared ($1.50 per share) (5,620)     (5,620)            
Accumulated other comprehensive income (loss) 121         121        
Ending balance, shares (in shares) at Dec. 31, 2020             3,746,460 3,746,000 [2],[3] 12,500,000 12,500,000 [2],[3]
Ending balance at Dec. 31, 2020 $ (246,469)     $ 144,716 $ (391,042) $ (145)   $ 1 [2]   $ 1 [2]
[1] Certain redemption features embedded within the Preferred Unit purchase agreement require bifurcation and measurement at fair value. For further detail, refer to Note 12—Series A Cumulative Redeemable Preferred Units.
[2] For periods prior to the Business Combination, the number of shares has been retroactively restated to reflect the number of shares received by Apache. For further detail of the Business Combination and associated financial statement presentation, please refer to Note 1—Summary of Significant Accounting Policies and Note 2—Recapitalization Transaction.
[3] Share amounts have been retroactively restated to reflect the Company’s reverse stock split, which was effected June 30, 2020. Refer to Note 11—Equity for further information.