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SERIES A CUMULATIVE REDEEMABLE PREFERRED UNITS - Activity Related to Preferred Units (Details)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2021
USD ($)
shares
Sep. 30, 2020
USD ($)
[2]
Sep. 30, 2021
USD ($)
shares
Sep. 30, 2020
USD ($)
shares
Dec. 31, 2020
USD ($)
shares
Increase (Decrease) in Temporary Equity [Roll Forward]          
Beginning balance [1]     $ 608,381    
Accreted redemption value adjustment     13,187    
Ending balance $ 634,795   634,795   $ 608,381 [1]
Embedded derivative liability 120,522   120,522   $ 139,009 [1]
Redeemable noncontrolling interest, including embedded derivative liability $ 755,317   $ 755,317    
Preferred Units, redemption terms, internal rate of return 11.50%   11.50%    
Preferred Units, redemption terms, multiple of invested capital 1.3   1.3    
Preferred Units, invested capital $ 812,500   $ 812,500    
Preferred Units, redemption price $ 729,800   $ 729,800    
Preferred Unit limited partners          
Movement In Preferred Units [Roll Forward]          
Redeemable noncontrolling interest - Preferred Units: beginning of period (in shares) | shares     660,694 638,163 638,163
Distribution of in-kind additional Preferred Units (in shares) | shares         22,531
Redeemable noncontrolling interest - Preferred Units: end of period (in shares) | shares 660,694   660,694   660,694
Increase (Decrease) in Temporary Equity [Roll Forward]          
Beginning balance     $ 608,381 $ 555,599 $ 555,599
Cash distributions paid to Preferred Unit limited partners   $ (11,562) (34,686) [3] $ (11,562) [2] (23,124)
Distributions payable to Preferred Unit limited partners $ (11,562) [2]   (11,562) [3]    
Allocation of Altus Midstream net income     59,475   75,906
Ending balance $ 634,795   $ 634,795   $ 608,381
[1] The Consolidated Balance Sheet as of December 31, 2020 has been derived from the audited consolidated financial statements, revised to reflect the Company’s fair value change of its underlying warrants. Refer to Note 1—Summary of Significant Accounting Policies, see the section titled Revision of Previously Issued Consolidated Financial Statements for Immaterial Adjustment for further information.
[2] Certain redemption features embedded within the Preferred Units require bifurcation and measurement at fair value. For further detail, refer to Note 10—Series A Cumulative Redeemable Preferred Units.
[3] Certain redemption features embedded within the Preferred Units require bifurcation and measurement at fair value. For further detail, refer to Note 10—Series A Cumulative Redeemable Preferred Units.