Magnolia Oil & Gas (MGY) 10-K 14 Feb 18 2017 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	11 Months Ended
	Dec. 31, 2017	Feb. 07, 2018	Jun. 30, 2017
Document Information [Line Items]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	FY
Entity Registrant Name	TPG Pace Energy Holdings Corp.
Entity Central Index Key	1,698,990
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Non-accelerated Filer
Trading Symbol	TPGE
Entity Public Float			$ 632,126,000
Class A Common Stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		65,000,000
Class F Common Stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		16,250,000

Balance Sheet

Balance Sheet	Dec. 31, 2017USD ($)
Current assets:
Cash	$ 851,466
Prepaid expenses	142,276
Total current assets	993,742
Investments held in Trust Account	652,839,151
Deferred tax asset	104,569
Total assets	653,937,462
Current liabilities:
Accrued professional fees, travel and other expenses	1,445,005
Federal income taxes payable	359,823
Total current liabilities	1,804,828
Deferred underwriting compensation	22,750,000
Total liabilities	24,554,828
Commitments and contingencies
Class A common stock subject to possible redemption; 62,438,263 shares at December 31, 2017, at a redemption value of $10.00 per share	624,382,630
Stockholders' equity:
Preferred stock, $0.0001 par value; 1,000,000 shares authorized, none issued or outstanding	0
Additional paid-in capital	3,465,928
Retained earnings	1,532,195
Total stockholders' equity	5,000,004
Total liabilities and stockholders' equity	653,937,462
Class A Common Stock
Stockholders' equity:
Common stock value	256
Total stockholders' equity	256
Class F Common Stock
Stockholders' equity:
Common stock value	1,625
Total stockholders' equity	$ 1,625

Balance Sheet (Parenthetical)

Balance Sheet (Parenthetical)	Dec. 31, 2017$ / sharesshares
Common stock redemption per share | $ / shares	$ 10
Preferred shares par value | $ / shares	$ 0.0001
Preferred shares authorized	1,000,000
Preferred shares issued	0
Preferred shares outstanding	0
Class A Common Stock
Common stock subject to possible redemption	62,438,263
Common stock redemption per share | $ / shares	$ 10
Common stock par value | $ / shares	$ 0.0001
Common stock authorized	200,000,000
Common stock issued	2,561,737
Common stock outstanding	2,561,737
Class F Common Stock
Common stock par value | $ / shares	$ 0.0001
Common stock authorized	20,000,000
Common stock issued	16,250,000
Common stock outstanding	16,250,000

Statement of Operations

Statement of Operations	11 Months Ended
	Dec. 31, 2017USD ($)$ / sharesshares
Income Statement [Abstract]
Revenue	$ 0
Professional fees and other expenses	685,940
Travel expenses	213,152
State franchise tax	152,610
Loss from operations	(1,051,702)
Interest income	3,646,151
Income from continuing operations	2,594,449
Income tax expense	(1,062,254)
Net income attributable to common stock	$ 1,532,195
Net income per share of common stock:
Basic and diluted | $ / shares	$ 0.02
Weighted average shares of common stock outstanding:
Basic and diluted | shares	62,920,561

Statement of Stockholders' Equi

Statement of Stockholders' Equity - 11 months ended Dec. 31, 2017 - USD ($)	Total	Initial Public Offering	Preferred Shares	Preferred SharesInitial Public Offering	Additional Paid-In Capital	Additional Paid-In CapitalInitial Public Offering	Accumulated Deficit	Accumulated DeficitInitial Public Offering	Class A Common Stock	Class A Common StockInitial Public Offering	Class F Common Stock	Class F Common StockInitial Public Offering
Balance at Feb. 13, 2017	$ 0		$ 0		$ 0		$ 0		$ 0		$ 0
Balance, Shares at Feb. 13, 2017			0								0
Sale of stock	25,000	$ 650,000,000	$ 0	$ 0	23,850	$ 649,993,500	0	$ 0	0	$ 6,500	$ 1,150	$ 0
Sale of stock , Shares		65,000,000								65,000,000	11,500,000
Class F common stock dividend effected on April 24, 2017	0		0		(575)		0		0		$ 575
Class F common stock dividend effected on April 24, 2017, shares											5,750,000
Sale of 10,000,000 Private Placement Warrants to Sponsor on May 10, 2017 at $1.50 per Private Placement Warrant	15,000,000		0		15,000,000		0		0		$ 0
Underwriters' discount	(13,000,000)		0		(13,000,000)		0		0		0
Deferred offering costs charged to additional paid-in capital	(1,424,561)		0		(1,424,561)		0		0		0
Deferred underwriting compensation	(22,750,000)		0		(22,750,000)		0		0		0
Class F common stock forfeited by Sponsor on June 24, 2017	0		0		100		0		0		$ (100)
Class F common stock forfeited by Sponsor on June 24, 2017, shares											(1,000,000)
Class A common stock subject to possible redemption; 62,438,263 shares at a redemption value of $10.00 per share	(624,382,630)		0		(624,376,386)		0		$ (6,244)		$ 0
Class A common stock subject to possible redemption; 62,438,263 shares at a redemption value of $10.00 per share, Shares									(62,438,263)
Net income attributable to common stock	1,532,195		0		0		1,532,195		$ 0		0
Balance at Dec. 31, 2017	$ 5,000,004		$ 0		$ 3,465,928		$ 1,532,195		$ 256		$ 1,625
Balance, Shares at Dec. 31, 2017									2,561,737		16,250,000

Statement of Stockholders' Equ6

Statement of Stockholders' Equity (Parenthetical) - $ / shares	Dec. 31, 2017	May 10, 2017	Feb. 22, 2017
Common stock redemption per share	$ 10
Initial Public Offering
Shares issued, price per share		$ 10
Private Placement
Private placement warrants, sponsor		10,000,000
Private Placement | Warrant
Shares issued, price per share		$ 1.50
Class A Common Stock
Common stock subject to possible redemption	62,438,263
Common stock redemption per share	$ 10
Class F Common Stock
Shares issued, price per share			$ 0.002

Statement of Cash Flows

Statement of Cash Flows	11 Months Ended
	Dec. 31, 2017USD ($)
Cash flows from operating activities:
Net income attributable to common stock	$ 1,532,195
Changes in operating assets and liabilities:
Prepaid expenses	(142,276)
Deferred tax asset	(104,569)
Accrued professional fees, travel and other expenses	1,430,295
Federal income taxes payable	359,823
Interest on investments held in Trust Account	(3,646,151)
Withdrawal of interest from Trust Account to pay federal income taxes	807,000
Net cash provided by operating activities	236,317
Cash flows from investing activities:
Proceeds deposited into Trust Account	(650,000,000)
Net cash used in investing activities	(650,000,000)
Cash flows from financing activities:
Proceeds from sale of Units in initial public offering	650,000,000
Proceeds from sale of Private Placement Warrants to Sponsor	15,000,000
Proceeds of notes payable from Sponsor	300,000
Payment of underwriters discounts	(13,000,000)
Payment of accrued offering costs	(1,409,851)
Repayment of notes payable from Sponsor	(300,000)
Net cash provided by financing activities	650,615,149
Net change in cash	851,466
Cash at beginning of period	0
Cash at end of period	851,466
Supplemental disclosure of cash flow information:
Cash paid for federal income taxes	807,000
Supplemental disclosure of non-cash financing activities:
Deferred underwriting compensation	22,750,000
Accrued offering costs	14,710
Class F Common Stock
Cash flows from financing activities:
Proceeds from sale of Class F common stock to Sponsor	25,000
Supplemental disclosure of non-cash financing activities:
Deferred underwriting compensation	$ 0

Organization and Business Opera

Organization and Business Operations	11 Months Ended
	Dec. 31, 2017
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Organization and Business Operations	1. Organization and Business Operations Organization and General TPG Pace Energy Holdings Corp. (the “Company”) was incorporated in the state of Delaware on All activity for the period from Inception to December 31, 2017 relates to the Company’s formation and the initial public offering of units, each consisting of one of the Company’s shares of Class A common stock (“Public Shares”) and one-third of one warrant to purchase one share of Class A common stock (the “Public Offering”), and the identification and evaluation of prospective acquisition targets for a Business Combination. The Company will not generate operating revenues prior to the completion of the Business Combination and will generate non-operating income in the form of interest income on Permitted Investments (as defined below) from the proceeds derived from the Public Offering. The Company has selected December 31st as its fiscal year end. Financing The registration statement for the Company’s Public Offering was declared effective by the United States Securities and Exchange Commission (the “SEC”) on May 4, 2017. The Public Offering closed on May 10, 2017 (the “Close Date”). The Sponsor purchased an aggregate of 10,000,000 warrants at a purchase price of $1.50 per warrant, or $15,000,000 in the aggregate, in a private placement on the Close Date (the “Private Placement”). The warrants are included in additional paid-in capital at the balance sheet. The Company intends to finance a Business Combination with proceeds from its $650,000,000 Public Offering (see Note 3) and $15,000,000 Private Placement (see Note 4). At the Close Date, proceeds of $650,000,000, net of underwriting discounts of $13,000,000 and funds designated for operational use of $2,000,000, were deposited in a trust account with Continental Stock Transfer and Trust Company acting as trustee (the “Trust Account”) as described below. The Trust Account On the Close Date, all funds held in the Trust Account were invested in U.S. government treasury bills with a maturity of 180 days or less or in money market funds meeting certain conditions under Rule 2a-7 under the Investment Company Act which invest only in direct U.S. government treasury obligations (collectively, “Permitted Investments”). Funds will remain in the Trust Account except for the withdrawal of interest to fund working capital requirements, subject to an annual limit of $750,000, and/or to pay taxes. The proceeds from the Public Offering will not be released from the Trust Account until the earliest of (i) the completion of the Business Combination, (ii) the redemption of any Public Shares properly submitted in connection with a stockholder vote to amend the amended and restated certificate of incorporation to modify the substance and timing of the Company’s obligation to redeem 100% of the Public Shares if the Company does not complete the Business Combination within 24 months from the closing of the Public Offering, or (iii) the redemption of all of the Company’s Public Shares if it is unable to complete the Business Combination within 24 months from the Close Date, subject to applicable law. In addition, if the Company is unable to complete the Business Combination within 24 months from the closing of the Public Offering for any reason, compliance with Delaware law may require that the Company submit a plan of dissolution to the then-existing stockholders for approval prior to the distribution of the proceeds held in the Trust Account. Of the remaining proceeds of $2,000,000 held outside the Trust Account, $300,000 was used to repay the loan from the Sponsor, with the remainder available to pay offering costs, business, legal and accounting due diligence on prospective acquisitions, listing fees and continuing general and administrative expenses. Business Combination The Company’s management has broad discretion with respect to the specific application of the net proceeds of the Public Offering, although substantially all of the net proceeds of the Public Offering are intended to be generally applied toward consummating a Business Combination with (or acquisition of) a target business. As used herein, the target business must be with one or more target businesses that together have a fair market value equal to at least 80% of the balance in the Trust Account (less any deferred underwriting commissions and taxes payable on interest earned on the Trust Account) at the time of the Company signing a definitive agreement. After signing a definitive agreement for a Business Combination, the Company will provide the public stockholders with the opportunity to redeem all or a portion of their Public Shares either (i) in connection with a stockholder meeting to approve the Business Combination or (ii) by means of a tender offer. Each public stockholder may elect to redeem their shares irrespective of whether they vote for or against the Business Combination at a per share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account as of two business days prior to the consummation of the Business Combination, including interest earned on the funds held in the Trust Account and not previously released to the Company to fund its working capital requirements, subject to an annual limit of $750,000, and/or to pay taxes, divided by the number of then outstanding Public Shares, subject to the limitations described herein. The amount in the Trust Account is initially anticipated to be approximately $10.00 per public share. The per share amount the Company will distribute to investors who properly redeem their shares will not be reduced by any deferred underwriting commissions payable to underwriters. The decision as to whether the Company will seek stockholder approval of the Business Combination or will allow stockholders to sell their shares in a tender offer will be made by the Company, solely in its discretion, and will be based on a variety of factors such as the timing of the transaction and whether the terms of the transaction would otherwise require the Company to seek stockholder approval under the law or stock exchange listing requirements. If the Company seeks stockholder approval, it will complete its Business Combination only if a majority of the outstanding shares voted are voted in favor of the Business Combination. However, in no event will the Company redeem its Public Shares in an amount that would cause its net tangible assets to be less than $5,000,001 after payment of the deferred underwriting commission. In such an instance, the Company would not proceed with the redemption of its Public Shares and the related Business Combination, and instead may search for an alternate Business Combination. The Company has 24 months from the Close Date to complete its Business Combination. If the Company does not complete a Business Combination within this period, it shall (i) cease all operations except for the purposes of winding up; (ii) as promptly as reasonably possible but not more than ten business days thereafter, redeem the Public Shares, at a per share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest earned on the funds in the Trust Account and not previously released to the Company to fund its working capital requirements, subject to an annual limit of $750,000, and/or to pay its taxes (less up to $100,000 of interest to pay dissolution expenses) divided by the number of then outstanding Public Shares, which redemption will completely extinguish public stockholders’ rights as stockholders (including the right to receive further liquidation distributions, if any), subject to applicable law, and (iii) as promptly as reasonably possible following such redemption, subject to the approval of the remaining stockholders and the board of directors, dissolve and liquidate, subject in each case to the Company’s obligations under Delaware law to provide for claims of creditors and the requirements of other applicable law. The Company’s Sponsor and four independent directors (collectively, “Initial Stockholders”) and the Company’s officers and directors have entered into a letter agreement with the Company, pursuant to which they have waived their rights to liquidating distributions from the Trust Account with respect to their Founder Shares (as defined in Note 4) if the Company fails to complete the Business Combination within 24 months from the Close Date. However, if the Initial Stockholders acquire Public Shares after the Public Offering, they will be entitled to liquidating distributions from the Trust Account with respect to such Public Shares if the Company fails to complete the Business Combination within the allotted 24-month time period. The underwriters have agreed to waive their rights to any deferred underwriting commission (“Deferred Discount”) held in the Trust Account in the event the Company does not complete the Business Combination and those amounts will be included with the funds held in the Trust Account that will be available to fund the redemption of the Company’s Public Shares. If the Company fails to complete the Business Combination, the redemption of the Company’s Public Shares will reduce the book value of the shares held by the Initial Stockholders, who will be the only remaining stockholders after such redemptions. If the Company holds a stockholder vote or there is a tender offer for shares in connection with a Business Combination, a public stockholder will have the right to redeem its shares for an amount in cash equal to its pro rata share of the aggregate amount then on deposit in the Trust Account as of two business days prior to the consummation of the Business Combination, including interest earned on the funds held in the Trust Account and not previously released to the Company to fund its working capital requirements, subject to an annual limit of $750,000, and/or to pay taxes. As a result, such shares are recorded at their redemption amount and classified as temporary equity on the balance sheet, in accordance with ASC 480, “Distinguishing Liabilities from Equity.” Going Concern At December 31, 2017, the Company had current liabilities of $1,804,828 and negative working capital of $811,086 largely due to amounts owed to professional fees associated with the offering and operating of the Company. As discussed elsewhere in Note 1, The Company has the ability to use annually up to $750,000 of interest earned from the Trust Account to fund working capital. The Company's ability to continue as a going concern is dependent upon its ability to consummate a Business Combination or have sufficient interest to fund expenses and negative working capital balances. If there is insufficient interest to pay such amounts in full or if a Business Combination does not occur the Company will need to obtain additional funds to meet its liabilities. Management's options for obtaining additional working capital, to the extent needed, include potentially requesting loans from the Sponsor or affiliates of the Sponsor, or certain of the Company’s executive officers or directors. Additional funds could also be raised through a private offering of debt or equity. There can be no assurance that the Company will be able to raise such funds if they are needed. The Company’s negative working capital and it’s limitation on the amount of cash available on interest earned from the Trust Account to fund working capital raise substantial doubt about the Company’s ability to continue as a going concern. The accompanying financial statements have been prepared on a going concern basis and do not include any adjustments that might arise as a result of uncertainties about the Company’s ability to continue as a going concern.

Summary of Significant Accounti

Summary of Significant Accounting Policies	11 Months Ended
	Dec. 31, 2017
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	2. Summary of Significant Accounting Policies Basis of Presentation The accompanying financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and pursuant to the accounting and disclosure rules and regulations of the SEC, and reflect all adjustments, consisting only of normal recurring adjustments, which are, in the opinion of management, necessary for a fair presentation of the Company’s financial position at December 31, 2017 and the results of operations and cash flows for the period presented. Emerging Growth Company Section 102(b)(1) of the JOBS Act exempts emerging growth companies from being required to comply with new or revised financial accounting standards until private companies (that is, those that have not had a Securities Act registration statement declared effective or do not have a class of securities registered under the Securities Exchange Act of 1934, as amended) are required to comply with the new or revised financial accounting standards. The JOBS Act provides that a company can elect to opt out of the extended transition period and comply with the requirements that apply to non-emerging growth companies but any such an election to opt out is irrevocable. The Company has elected not to opt out of such extended transition period which means that when a standard is issued or revised and it has different application dates for public or private companies, the Company, as an emerging growth company, can adopt the new or revised standard at the time private companies adopt the new or revised standard. Cash Cash and cash equivalents include cash on hand and on deposit at banking institutions as well as all highly liquid short-term investments with original maturities of 90 days or less. The Company did not have cash equivalents at December 31, 2017. Concentration of Credit Risk Financial instruments that potentially subject the Company to concentrations of credit risk consist of cash accounts in a financial institution, which at times, may exceed the Federal depository insurance coverage of $250,000. The Company has not experienced losses on these accounts and management believes the Company is not exposed to significant risks on such accounts. Financial Instruments The fair value of the Company’s assets and liabilities, which qualify as financial instruments under ASC 820, “Fair Value Measurements and Disclosures,” approximates the carrying amounts represented in the balance sheet due to their short-term nature. Fair Value Measurement ASC 820 establishes a fair value hierarchy that prioritizes and ranks the level of observability of inputs used to measure investments at fair value. The observability of inputs is impacted by a number of factors, including the type of investment, characteristics specific to the investment, market conditions and other factors. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level I measurements) and the lowest priority to unobservable inputs (Level III measurements). Investments with readily available quoted prices or for which fair value can be measured from quoted prices in active markets will typically have a higher degree of input observability and a lesser degree of judgment applied in determining fair value. The three levels of the fair value hierarchy under ASC 820 are as follows: Level I—Quoted prices (unadjusted) in active markets for identical investments at the measurement date are used. Level II—Pricing inputs are other than quoted prices included within Level I that are observable for the investment, either directly or indirectly. Level II pricing inputs include quoted prices for similar investments in active markets, quoted prices for identical or similar investments in markets that are not active, inputs other than quoted prices that are observable for the investment, and inputs that are derived principally from or corroborated by observable market data by correlation or other means. Level III—Pricing inputs are unobservable and include situations where there is little, if any, market activity for the investment. The inputs used in determination of fair value require significant judgment and estimation. In some cases, the inputs used to measure fair value might fall within different levels of the fair value hierarchy. In such cases, the level in the fair value hierarchy within which the investment is categorized in its entirety is determined based on the lowest level input that is significant to the investment. Assessing the significance of a particular input to the valuation of an investment in its entirety requires judgment and considers factors specific to the investment. The categorization of an investment within the hierarchy is based upon the pricing transparency of the investment and does not necessarily correspond to the perceived risk of that investment. The Permitted Investments are Level I at December 31, 2017. Redeemable Common Stock All 65,000,000 shares of Class A common stock sold as part of the Units in the Public Offering contain a redemption feature as discussed above. In accordance with ASC 480, redemption provisions not solely within the control of the Company require the security to be classified outside of permanent equity. Ordinary liquidation events, which involve the redemption and liquidation of all of the entity’s equity instruments, are excluded from the provisions of ASC 480. Although the Company did not specify a maximum redemption threshold, its charter provides that in no event will it redeem its Class A common stock in an amount that would cause its net tangible assets, or total stockholders’ equity, to fall below $5,000,001. Accordingly, at December 31, 2017, 62,438,263 of the Company’s 65,000,000 shares of Class A common stock were classified outside of permanent equity at their redemption value. Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires the Company’s management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Offering Costs The Company complies with the requirements of ASC 340-10-S99-1 and SEC Staff Accounting Bulletin Topic 5A “Expenses of Offering”. The Company incurred offering costs of $1,424,561 in connection with the Public Offering. These costs, together with the underwriter discount and Deferred Discount, totaling $35,750,000, were charged to additional paid-in capital upon completion of the Public Offering. Net Income Per Share of Common Stock The Company complies with accounting and disclosure requirements of FASB ASC Topic 260, Earnings Per Share. Net income per share of common stock is computed by dividing net income by the weighted average number of common shares outstanding during the period as calculated using the treasury stock method. At December 31, 2017, the Company had outstanding warrants to purchase of up to 31,666,666 shares of Class A common stock. The weighted average of these shares was excluded from the calculation of diluted net income per share of common stock since the exercise of the warrants is contingent upon the occurrence of future events. At December 31, 2017, the Company did not have any dilutive securities or other contracts that could, potentially, be exercised or converted into shares of common stock and then share in the earnings of the Company under the treasury stock method. As a result, diluted net income per share of common stock is the same as basic net income per share of common stock for the period. Income Taxes Under ASC 740, “Income Taxes,” deferred tax assets and liabilities are recognized for the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period of the enactment date. Valuation allowances are established when it is more likely than not that some or all of the deferred tax assets will not be realized. ASC 740 prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of tax positions taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more-likely-than-not to be sustained upon examination by taxing authorities. The Company recognizes accrued interest and penalties related to unrecognized tax benefits as income tax expense. No amounts were accrued for the payment of interest and penalties at December 31, 2017. The Company is currently not aware of any issues under review that could result in significant payments, accruals or material deviation from its position. The Company is subject to income tax examinations by major taxing authorities since Inception. State Franchise Tax As the Company is incorporated in the state of Delaware, it is subject to Delaware state franchise tax which is computed based on an analysis of both authorized shares and total gross assets. At December 31, 2017, the Company had accrued Delaware state franchise taxes of $152,610 included in accrued professional fees, travel and other expenses on the balance sheet. Recent Accounting Pronouncements Management does not believe that any recently issued, but not yet effective, accounting pronouncements, if currently adopted, would have a material effect on the Company’s financial statements.

Public Offering

Public Offering	11 Months Ended
	Dec. 31, 2017
Equity [Abstract]
Public Offering	3. Public Offering In its Public Offering, the Company sold 65,000,000 units at a price of $10.00 per unit. Each unit consists of one share of Class A common stock of the Company at $0.0001 par value and one-third of one warrant (a “Unit”). Each whole warrant entitles the holder to purchase one share of Class A common stock at a price of $11.50 per share (a “Warrant”). Only whole Warrants may be exercised and no fractional Warrants will be issued upon separation of the Units and only whole Warrants may be traded. The Warrants will become exercisable on the later of 30 days after the completion of the Business Combination or 12 months from the Close Date, and will expire five years after the completion of the Business Combination or earlier upon redemption or liquidation. Alternatively, if the Company does not complete a Business Combination within 24 months after the Close Date, the Warrants will expire at the end of such period. If the Company is unable to deliver registered shares of Class A common stock to the holder upon exercise of Warrants issued in connection with the 65,000,000 Units during the exercise period, the Warrants will expire worthless, except to the extent that they may be exercised on a cashless basis in the circumstances described in the agreement governing the Warrants. Once the Warrants become exercisable, the Company may redeem the outstanding Warrants in whole, but not in part, at a price of $0.01 per Warrant upon a minimum of 30 days’ prior written notice of redemption, and only in the event that the last sale price of the Company’s Public Shares equals or exceeds $18.00 per share for any 20 trading days within the 30-trading day period ending on the third trading day before the Company sends the notice of redemption to the Warrant holders. The Company has agreed to use its best efforts to file a registration statement for the shares of Class A common stock issuable upon exercise of the Warrants under the Securities Act as soon as practicable, but in no event later than 15 business days following the completion of a Business Combination. The Company paid an underwriting discount of 2.00% of the gross proceeds of the Public Offering, or $13,000,000, to the underwriters at the Close Date, with an additional fee (the “Deferred Discount”) of 3.50% of the gross proceeds of the Public Offering, or $22,750,000, payable upon the Company’s completion of a Business Combination. The Deferred Discount will become payable to the underwriters from the amounts held in the Trust Account solely in the event the Company completes a Business Combination. The underwriters are not entitled to receive any of the interest earned on Trust Account funds that would be used to pay the Deferred Discount. The Deferred Discount has been recorded as a deferred liability on the balance sheet at December 31, 2017 as management deemed the consummation of a Business Combination to be probable.

Related Party Transactions

Related Party Transactions	11 Months Ended
	Dec. 31, 2017
Related Party Transactions [Abstract]
Related Party Transactions	4. Related Party Transactions Founder Shares On February 22, 2017, the Sponsor purchased an aggregate of 11,500,000 shares of the Company’s Class F common stock (the “Founder Shares”) for an aggregate purchase price of $25,000, or approximately $0.002 per share. Prior to the Sponsor’s initial investment in the Company of $25,000, the Company had no assets. The purchase price of the Founder Shares was determined by dividing the amount of cash contributed to the Company by the number of Founder Shares issued by the Company. On April 24, 2017, the Company agreed to effect a stock dividend prior to the closing of the Public Offering of approximately 0.5 shares of Class F common stock for each share of Class F common stock, which resulted in a total of 17,250,000 issued and outstanding Founder Shares. The stock dividend also adjusted the Founder Shares subject to forfeiture from 1,500,000 to 2,250,000 such that the Founder Shares would represent 20.0% of the Company’s issued and outstanding common shares after the Public Offering. The stock dividend was accounted for with a transfer from additional paid in capital to Class F common stock as there is a legal requirement to maintain par value per share. On April 24, 2017, the Sponsor transferred 40,000 Founder Shares to each of the Company’s four independent directors at their original purchase price. On June 24, 2017, the Sponsor forfeited 1,000,000 Founder Shares on the expiration of the underwriters’ over-allotment option. At December 31, 2017, the Sponsor and the Company’s four independent directors (the “Initial Stockholders”) held, collectively, 16,250,000 Founder Shares. The Founder Shares are identical to the Class A common stock included in the Units sold in the Public Offering except that: • only holders of the Founder Shares have the right to vote on the election of directors prior to the Business Combination; • the Founder Shares are subject to certain transfer restrictions, as described in more detail below; • the Initial Stockholders and the Company’s officers and directors entered into a letter agreement with the Company, pursuant to which they have agreed (i) to waive their redemption rights with respect to their Founder Shares and Public Shares in connection with the completion of the Business Combination and (ii) to waive their rights to liquidating distributions from the Trust Account with respect to their Founder Shares if the Company fails to complete the Business Combination within 24 months from the Public Offering. If the Company submits the Business Combination to the public stockholders for a vote, the Initial Stockholders have agreed, pursuant to such letter agreement, to vote their Founder Shares and any Public Shares purchased during or after the Public Offering in favor of the Business Combination; and • the Founder Shares are automatically convertible into Class A common stock at the time of the Business Combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights. Additionally, the Initial Stockholders agreed not to transfer, assign or sell any of their respective Founder Shares until the earlier of (i) one year after the completion of the Business Combination or (ii) subsequent to the Business Combination, if the last sale price of the Class A common stock equals or exceeds $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after the Business Combination and (iii) the date following the completion of the Business Combination on which the Company completes a liquidation, merger, capital stock exchange, reorganization or other similar transaction that results in all of the Company’s public stockholders having the right to exchange their shares of Class A common stock for cash, securities or other property (the “Lock Up Period”). Private Placement Warrants On the Close Date, the Sponsor purchased from the Company an aggregate of 10,000,000 private placement warrants at a price of $1.50 per warrant, or approximately $15,000,000, in a private placement that occurred in conjunction with the completion of the Public Offering (the “Private Placement Warrants”). Each Private Placement Warrant entitles the holder to purchase one share of Class A common stock at $11.50 per share, subject to adjustment. A portion of the purchase price of the Private Placement Warrants was placed in the Trust Account. The Private Placement Warrants will not be redeemable by the Company so long as they are held by the Sponsor or its permitted transferees. If the Private Placement Warrants are held by holders other than the Sponsor or its permitted transferees, the Private Placement Warrants will be redeemable by the Company and exercisable by the holders on the same basis as the warrants included in the Units sold in the Public Offering. The Sponsor, or its permitted transferees, will have the option to exercise the Private Placement Warrants on a cashless basis. The Private Placement Warrants will not be transferable, assignable or salable until 30 days after the completion of the Business Combination. If the Company does not complete the Business Combination within 24 months from the Close Date, the proceeds from the sale of the Private Placement Warrants will be used to fund the redemption of the Company’s Public Shares (subject to the requirements of applicable law) and the Private Placement Warrants will expire worthless. Units The Company’s Chief Executive Officer purchased 100,000 Units in the Public Offering at the offering price of $10.00 per share. Rights and obligations under these Units are identical to those offered in the Public Offering. During the period from August 18, 2017 to August 23, 2017, the Company’s Chief Executive Officer purchased a total of 27,900 Units in a series of open market transactions at a weighted average price of $10.24 per Unit. The actual price paid for each Unit ranged from a low of $10.23 to a high of $10.30. Class A Common Stock During the period from August 18, 2017 to August 24, 2017, the Company’s Chief Executive Officer purchased a total of 32,000 shares of Class A Common Stock in a series of open market transactions at a price of $9.80 per share. Registration Rights Holders of the Founder Shares and Private Placement Warrants are entitled to registration rights pursuant to a registration rights agreement signed on the effective date of the Public Offering. The holders of these securities are entitled to make up to three demands that the Company register such securities. In addition, the holders have certain “piggy-back” registration rights with respect to other registration statements filed by the Company subsequent to its completion of the Business Combination and rights to require the Company to register for resale such securities pursuant to Rule 415 under the Securities Act. However, the registration rights agreement provides that that Company will not permit any registration statement filed under the Securities Act to become effective until termination of the applicable Lock Up Period. The Company will bear the expenses incurred in connection with the filing of any such registration statements. Indemnity The Sponsor has agreed that it will be liable to the Company if and to the extent any claims by a vendor (other than the Company’s independent auditors) for services rendered or products sold to the Company, or a prospective target business with which the Company discussed entering into a transaction agreement, reduces the amount of funds in the Trust Account to below (i) $10.00 per public share or (ii) such lesser amount per public share held in the Trust Account as of the date of the liquidation of the Trust Account due to reductions in the value of the trust assets, in each case net of the interest which may be withdrawn to fund the Company’s working capital requirements, subject to an annual limit of $750,000, and/or to pay taxes, except as to any claims by a third party who executed a waiver of any and all rights to seek access to the Trust Account and except as to any claims under the Company’s indemnity of the underwriters of the Public Offering against certain liabilities, including liabilities under the Securities Act. Moreover, in the event that an executed waiver is deemed to be unenforceable against a third party, the Sponsor will not be responsible to the extent of any liability for such third party claims. The Company has not independently verified whether the Sponsor has sufficient funds to satisfy its indemnity obligations and believes that the Sponsor’s only assets are securities of the Company and, therefore, the Sponsor may not be able to satisfy those obligations. The Company has not asked the Sponsor to reserve for such eventuality as the Company believes the likelihood of the Sponsor having to indemnify the Trust Account is limited because the Company will endeavor to have all vendors and prospective target businesses as well as other entities execute agreements with the Company waiving any right, title, interest or claim of any kind in or to monies held in the Trust Account. Related Party Note Payable Between Inception and the Close Date, the Company’s Sponsor loaned the Company $300,000 in unsecured promissory notes. The funds were used to pay up front expenses associated with the Public Offering. These notes were non-interest bearing and were repaid in full to the Sponsor at the Close Date. Administrative Services Agreement On May 10, 2017, the Company entered into an agreement to pay $20,000 a month for office space, administrative and support services to an affiliate of the Sponsor, and will terminate the agreement upon the earlier of a Business Combination or the liquidation of the Company. For the period from Inception to December 31, 2017, the Company incurred expenses of $153,333 under this agreement. Private Aircraft Travel The Company reimburses affiliates for reasonable travel related expenses incurred while conducting business on behalf of the Company, including the use of private aircraft. For the period from Inception to December 31, 2017, travel related reimbursements for private aircraft use were $125,681. Private aircraft services are provided by independent third parties, coordinated by an affiliate of the Company and billed to the Company at cost.

Investments Held in Trust Accou

Investments Held in Trust Account	11 Months Ended
	Dec. 31, 2017
Assets Held In Trust [Abstract]
Investments Held in Trust Account	5. Investments Held in Trust Account Gross proceeds of $650,000,000 and $15,000,000 from the Public Offering and the sale of the Private Placement Warrants, respectively, less underwriting discounts of $13,000,000; and funds of $2,000,000 designated to pay the Company’s accrued formation and offering costs, ongoing administrative and acquisition search costs, plus repay notes payable of $300,000 to the Sponsor at the Close Date were placed in the Trust Account at the Close Date. On the Close Date, all funds held in the Trust Account were invested in Permitted Investments, which are considered Level 1 investments under ASC 820. For the period from Inception to December 31, 2017, the investments held in the Trust Account generated interest income of $3,646,151, of which $807,000 was withdrawn to make estimated federal income tax payments to the IRS with the remainder reinvested in Permitted Investments. On September 15, 2017 and December 15, 2017, the Company made payments of $400,000 and $407,000, respectively, with funds from the Trust Account, to the IRS for estimated federal income taxes on interest earned in the Trust Account. At December 31, 2017, the balance of funds held in the Trust Account was $652,839,151.

Income Tax

Income Tax	11 Months Ended
	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Income Tax	6. Income Tax The Company incurred United States federal income tax expense of approximately $1,062,254 for the period from Inception to December 31, 2017. On September 15, 2017 and December 15, 2017, the Company made estimated quarterly tax payments of $400,000 and $407,000, respectively, to the Internal Revenue Service (“IRS”) for federal income taxes estimated for 2017 on interest earned in the Trust Account. The funds were paid from the Trust Account. At December 31, 2017, the Company had accrued federal income taxes of $359,823 included in federal income taxes payable on the balance sheet. The Company’s provision for income tax consists of the following: For the Period from February 14, 2017 (Inception) to December 31, 2017 Federal Current $ 1,166,823 Deferred (104,569 ) State Current — Deferred — Change in valuation allowance — Income tax provision $ 1,062,254 The Company incurred costs related to its search to complete a business combination which are deductible for federal income tax purposes and resulted in the generation of a deferred tax asset of $104,569 which is available to offset future taxable income. In assessing the realization of deferred tax assets, the Company considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which temporary differences representing net future deductible amounts become deductible. The Company considers the scheduled reversal of deferred tax assets, projected future taxable income and tax planning strategies in making this assessment. After consideration of all of the information available, the Company believes that no uncertainty exists with respect to future realization of the deferred tax assets and has not established a valuation allowance at December 31, 2017. The following table reconciles the U.S. federal statutory tax rate to the effective rate of the Company’s provision for income taxes: December 31, 2017 Provision for income taxes at U.S. federal statutory rate 34.0 % Permanent differences 4.4 % Rate change from tax reform 2.5 % Effective tax rate 40.9 % The guidance for the accounting and reporting for income taxes requires the Company to assess tax positions in cases where the interpretation of the tax law may be uncertain. The Company does not believe that it has any tax positions for which it is reasonably possible that it will be required to record significant amounts of unrecognized tax benefits within the next twelve months.

Deferred Underwriting Compensat

Deferred Underwriting Compensation	11 Months Ended
	Dec. 31, 2017
Deferred Underwriting Compensation [Abstract]
Deferred Underwriting Compensation	7. Deferred Underwriting Compensation The Company is committed to pay the Deferred Discount of 3.50% of the gross proceeds of the Public Offering, or $22,750,000, to the underwriters upon the Company’s completion of a Business Combination. The underwriters are not entitled to receive any of the interest earned on Trust Account funds that would be used to pay the Deferred Discount, and no Deferred Discount is payable to the underwriters if a Business Combination is not completed within 24 months after the Close Date.

Stockholders_ Equity

Stockholders’ Equity	11 Months Ended
	Dec. 31, 2017
Stockholders Equity Note [Abstract]
Stockholders’ Equity	8. Stockholders’ Equity Class A Common Stock The Company is currently authorized to issue 200,000,000 shares of Class A common stock. Depending on the terms of a potential Business Combination, the Company may be required to increase the number of authorized shares of Class A common stock at the same time as its stockholders vote on the Business Combination to the extent the Company seeks stockholder approval in connection with its Business Combination. Holders of shares of Class A common stock are entitled to one vote for each share with the exception that only holders of shares of Class F common stock have the right to vote on the election of directors prior to the completion of a Business Combination, subject to adjustment as provided in the Company’s amended and restated memorandum and articles of association. At December 31, 2017, there were 65,000,000 shares of Class A common stock issued and outstanding, of which 62,438,263 shares were subject to possible redemption and are classified outside of stockholders’ equity at the balance sheet. Class F Common Stock The Company is currently authorized to issue 20,000,000 shares of Class F common stock. At December 31, 2017, there were 16,250,000 shares of Class F common stock (Founder Shares) issued and outstanding. Preferred Stock The Company is authorized to issue 1,000,000 preferred shares. The Company’s board of directors will be authorized to fix the voting rights, if any, designations, powers, preferences, the relative, participating, optional or other special rights and any qualifications, limitations and restrictions thereof, applicable to the shares of each series. The board of directors will be able to, without stockholder approval, issue preferred stock with voting and other rights that could adversely affect the voting power and other rights of the holders of the common stock and could have anti-takeover effects. At December 31, 2017, there were no shares of preferred stock issued or outstanding. Dividend Policy The Company has not paid and does not intend to pay any cash dividends on its common stock prior to the completion of the Business Combination. Additionally, the Company’s board of directors does not contemplate or anticipate declaring any stock dividends in the foreseeable future.

Quarterly Financial Information

Quarterly Financial Information (Unaudited)	11 Months Ended
	Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]
Quarterly Financial Information (Unaudited)	9. Quarterly Financial Information (Unaudited) Following are the Company’s unaudited quarterly statements of operations for the period from Inception to March 31, 2017 and the quarters ended June 30, 2017 through December 31, 2017. The Company has prepared the quarterly data on a consistent basis with the audited financial statements included elsewhere in this Annual Report on Form 10-K and, in the opinion of management, the financial information reflects all necessary adjustments, consisting only of normal recurring adjustments, necessary for a fair presentation of the results of operations for these periods. This information should be read in conjunction with the audited financial statements and related notes included elsewhere in this Annual Report on Form 10-K. These quarterly operating results are not necessarily indicative of the Company’s operating results for any future period. For the Period For the For the For the from February 14, Three Months Three Months Three Months 2017 (Inception) to Ended Ended Ended March 31, 2017 June 30, 2017 September 30, 2017 December 31, 2017 Operating expenses: Professional fees and other expenses $ 63,223 $ 108,118 $ 250,286 $ 264,313 Travel expenses — 98,625 77,363 37,164 State franchise tax — — — 152,610 Interest income 21 652,720 1,357,208 1,636,202 Income tax benefit (expense) 22,121 (156,092 ) (360,346 ) (567,937 ) Net income attributable to common stock $ (41,081 ) $ 289,885 $ 669,213 $ 614,178 Net income per share of common stock: Basic and diluted $ — $ 0.01 $ 0.01 $ 0.01 Weighted average shares of common stock outstanding: Basic and diluted 9,500,000 52,862,637 81,250,000 81,250,000

Subsequent Events

Subsequent Events	11 Months Ended
	Dec. 31, 2017
Subsequent Events [Abstract]
Subsequent Events	10. Subsequent Events Management has performed an evaluation of subsequent events through February 14, 2018, the date the financial statements were issued, noting no subsequent events which require adjustment or disclosure.

Summary of Significant Accoun18

Summary of Significant Accounting Policies (Policies)	11 Months Ended
	Dec. 31, 2017
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and pursuant to the accounting and disclosure rules and regulations of the SEC, and reflect all adjustments, consisting only of normal recurring adjustments, which are, in the opinion of management, necessary for a fair presentation of the Company’s financial position at December 31, 2017 and the results of operations and cash flows for the period presented.
Emerging Growth Company	Emerging Growth Company Section 102(b)(1) of the JOBS Act exempts emerging growth companies from being required to comply with new or revised financial accounting standards until private companies (that is, those that have not had a Securities Act registration statement declared effective or do not have a class of securities registered under the Securities Exchange Act of 1934, as amended) are required to comply with the new or revised financial accounting standards. The JOBS Act provides that a company can elect to opt out of the extended transition period and comply with the requirements that apply to non-emerging growth companies but any such an election to opt out is irrevocable. The Company has elected not to opt out of such extended transition period which means that when a standard is issued or revised and it has different application dates for public or private companies, the Company, as an emerging growth company, can adopt the new or revised standard at the time private companies adopt the new or revised standard.
Cash	Cash Cash and cash equivalents include cash on hand and on deposit at banking institutions as well as all highly liquid short-term investments with original maturities of 90 days or less. The Company did not have cash equivalents at December 31, 2017.
Concentration of Credit Risk	Concentration of Credit Risk Financial instruments that potentially subject the Company to concentrations of credit risk consist of cash accounts in a financial institution, which at times, may exceed the Federal depository insurance coverage of $250,000. The Company has not experienced losses on these accounts and management believes the Company is not exposed to significant risks on such accounts.
Financial Instruments	Financial Instruments The fair value of the Company’s assets and liabilities, which qualify as financial instruments under ASC 820, “Fair Value Measurements and Disclosures,” approximates the carrying amounts represented in the balance sheet due to their short-term nature.
Fair Value Measurement	Fair Value Measurement ASC 820 establishes a fair value hierarchy that prioritizes and ranks the level of observability of inputs used to measure investments at fair value. The observability of inputs is impacted by a number of factors, including the type of investment, characteristics specific to the investment, market conditions and other factors. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level I measurements) and the lowest priority to unobservable inputs (Level III measurements). Investments with readily available quoted prices or for which fair value can be measured from quoted prices in active markets will typically have a higher degree of input observability and a lesser degree of judgment applied in determining fair value. The three levels of the fair value hierarchy under ASC 820 are as follows: Level I—Quoted prices (unadjusted) in active markets for identical investments at the measurement date are used. Level II—Pricing inputs are other than quoted prices included within Level I that are observable for the investment, either directly or indirectly. Level II pricing inputs include quoted prices for similar investments in active markets, quoted prices for identical or similar investments in markets that are not active, inputs other than quoted prices that are observable for the investment, and inputs that are derived principally from or corroborated by observable market data by correlation or other means. Level III—Pricing inputs are unobservable and include situations where there is little, if any, market activity for the investment. The inputs used in determination of fair value require significant judgment and estimation. In some cases, the inputs used to measure fair value might fall within different levels of the fair value hierarchy. In such cases, the level in the fair value hierarchy within which the investment is categorized in its entirety is determined based on the lowest level input that is significant to the investment. Assessing the significance of a particular input to the valuation of an investment in its entirety requires judgment and considers factors specific to the investment. The categorization of an investment within the hierarchy is based upon the pricing transparency of the investment and does not necessarily correspond to the perceived risk of that investment. The Permitted Investments are Level I at December 31, 2017.
Redeemable Common Stock	Redeemable Common Stock All 65,000,000 shares of Class A common stock sold as part of the Units in the Public Offering contain a redemption feature as discussed above. In accordance with ASC 480, redemption provisions not solely within the control of the Company require the security to be classified outside of permanent equity. Ordinary liquidation events, which involve the redemption and liquidation of all of the entity’s equity instruments, are excluded from the provisions of ASC 480. Although the Company did not specify a maximum redemption threshold, its charter provides that in no event will it redeem its Class A common stock in an amount that would cause its net tangible assets, or total stockholders’ equity, to fall below $5,000,001. Accordingly, at December 31, 2017, 62,438,263 of the Company’s 65,000,000 shares of Class A common stock were classified outside of permanent equity at their redemption value.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires the Company’s management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Offering Costs	Offering Costs The Company complies with the requirements of ASC 340-10-S99-1 and SEC Staff Accounting Bulletin Topic 5A “Expenses of Offering”. The Company incurred offering costs of $1,424,561 in connection with the Public Offering. These costs, together with the underwriter discount and Deferred Discount, totaling $35,750,000, were charged to additional paid-in capital upon completion of the Public Offering.
Net Income Per Share of Common Stock	Net Income Per Share of Common Stock The Company complies with accounting and disclosure requirements of FASB ASC Topic 260, Earnings Per Share. Net income per share of common stock is computed by dividing net income by the weighted average number of common shares outstanding during the period as calculated using the treasury stock method. At December 31, 2017, the Company had outstanding warrants to purchase of up to 31,666,666 shares of Class A common stock. The weighted average of these shares was excluded from the calculation of diluted net income per share of common stock since the exercise of the warrants is contingent upon the occurrence of future events. At December 31, 2017, the Company did not have any dilutive securities or other contracts that could, potentially, be exercised or converted into shares of common stock and then share in the earnings of the Company under the treasury stock method. As a result, diluted net income per share of common stock is the same as basic net income per share of common stock for the period.
Income Taxes	Income Taxes Under ASC 740, “Income Taxes,” deferred tax assets and liabilities are recognized for the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period of the enactment date. Valuation allowances are established when it is more likely than not that some or all of the deferred tax assets will not be realized. ASC 740 prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of tax positions taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more-likely-than-not to be sustained upon examination by taxing authorities. The Company recognizes accrued interest and penalties related to unrecognized tax benefits as income tax expense. No amounts were accrued for the payment of interest and penalties at December 31, 2017. The Company is currently not aware of any issues under review that could result in significant payments, accruals or material deviation from its position. The Company is subject to income tax examinations by major taxing authorities since Inception. State Franchise Tax As the Company is incorporated in the state of Delaware, it is subject to Delaware state franchise tax which is computed based on an analysis of both authorized shares and total gross assets. At December 31, 2017, the Company had accrued Delaware state franchise taxes of $152,610 included in accrued professional fees, travel and other expenses on the balance sheet.
Recent Accounting Pronouncements	Recent Accounting Pronouncements Management does not believe that any recently issued, but not yet effective, accounting pronouncements, if currently adopted, would have a material effect on the Company’s financial statements.

Income Tax (Tables)

Income Tax (Tables)	11 Months Ended
	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Components of Provision for Income Tax	The Company’s provision for income tax consists of the following: For the Period from February 14, 2017 (Inception) to December 31, 2017 Federal Current $ 1,166,823 Deferred (104,569 ) State Current — Deferred — Change in valuation allowance — Income tax provision $ 1,062,254
Reconciliation of Income Tax from Statutory Tax Rate to Effective Income Tax Rate	The following table reconciles the U.S. federal statutory tax rate to the effective rate of the Company’s provision for income taxes: December 31, 2017 Provision for income taxes at U.S. federal statutory rate 34.0 % Permanent differences 4.4 % Rate change from tax reform 2.5 % Effective tax rate 40.9 %

Quarterly Financial Informati20

Quarterly Financial Information (Unaudited) (Tables)	11 Months Ended
	Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]
Schedule of Quarterly Financial Information	For the Period For the For the For the from February 14, Three Months Three Months Three Months 2017 (Inception) to Ended Ended Ended March 31, 2017 June 30, 2017 September 30, 2017 December 31, 2017 Operating expenses: Professional fees and other expenses $ 63,223 $ 108,118 $ 250,286 $ 264,313 Travel expenses — 98,625 77,363 37,164 State franchise tax — — — 152,610 Interest income 21 652,720 1,357,208 1,636,202 Income tax benefit (expense) 22,121 (156,092 ) (360,346 ) (567,937 ) Net income attributable to common stock $ (41,081 ) $ 289,885 $ 669,213 $ 614,178 Net income per share of common stock: Basic and diluted $ — $ 0.01 $ 0.01 $ 0.01 Weighted average shares of common stock outstanding: Basic and diluted 9,500,000 52,862,637 81,250,000 81,250,000

Organization and Business Ope21

Organization and Business Operations - Additional Information (Details) - USD ($)	May 10, 2017	Dec. 31, 2017
Schedule Of Organization And Business Operations Plan [Line Items]
Incorporation date		Feb. 14, 2017
Public offering closing date		May 10, 2017
Proceeds from issuance of private placement	$ 15,000,000	$ 15,000,000
Proceeds from sale of Units in initial public offering	650,000,000	650,000,000
Underwriting discounts		13,000,000
Cash		851,466
Trust account interest withdrawal annual limit to fund working capital and tax payment		$ 750,000
Percentage obligation to redeem public shares		100.00%
Remaining proceeds held outside trust account for debt repayment and fees expenses		$ 2,000,000
Repay loan from Sponsor	$ 300,000	$ 300,000
Trust account amount price per public share		$ 10
Minimum value of net tangible assets		$ 5,000,001
Business combination condition, description		The Company has 24 months from the Close Date to complete its Business Combination. If the Company does not complete a Business Combination within this period, it shall (i) cease all operations except for the purposes of winding up; (ii) as promptly as reasonably possible but not more than ten business days thereafter, redeem the Public Shares, at a per share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest earned on the funds in the Trust Account and not previously released to the Company to fund its working capital requirements, subject to an annual limit of $750,000, and/or to pay its taxes (less up to $100,000 of interest to pay dissolution expenses) divided by the number of then outstanding Public Shares, which redemption will completely extinguish public stockholders’ rights as stockholders (including the right to receive further liquidation distributions, if any), subject to applicable law, and (iii) as promptly as reasonably possible following such redemption, subject to the approval of the remaining stockholders and the board of directors, dissolve and liquidate, subject in each case to the Company’s obligations under Delaware law to provide for claims of creditors and the requirements of other applicable law. The Company’s Sponsor and four independent directors (collectively, “Initial Stockholders”) and the Company’s officers and directors have entered into a letter agreement with the Company, pursuant to which they have waived their rights to liquidating distributions from the Trust Account with respect to their Founder Shares (as defined in Note 4) if the Company fails to complete the Business Combination within 24 months from the Close Date.
Total current liabilities		$ 1,804,828
Working capital		$ (811,086)
Minimum
Schedule Of Organization And Business Operations Plan [Line Items]
Percentage of trust account balance equal to target businesses fair market value		80.00%
Maximum
Schedule Of Organization And Business Operations Plan [Line Items]
Net interest to pay dissolution expenses		$ 100,000
Private Placement
Schedule Of Organization And Business Operations Plan [Line Items]
Initial shareholders purchased warrants	10,000,000
Cash	$ 2,000,000
Private Placement | Warrant
Schedule Of Organization And Business Operations Plan [Line Items]
Shares issued, price per share	$ 1.50
TPG Pace Energy Sponsor LLC
Schedule Of Organization And Business Operations Plan [Line Items]
Proceeds from issuance of private placement	$ 15,000,000
Proceeds from sale of Units in initial public offering	650,000,000
Underwriting discounts	13,000,000
Cash	2,000,000
Trust account interest withdrawal annual limit to fund working capital and tax payment		$ 750,000
Trust account amount price per public share		$ 10
TPG Pace Energy Sponsor LLC | Warrant
Schedule Of Organization And Business Operations Plan [Line Items]
Proceeds from issuance of private placement	$ 15,000,000
TPG Pace Energy Sponsor LLC | Private Placement
Schedule Of Organization And Business Operations Plan [Line Items]
Initial shareholders purchased warrants	10,000,000
TPG Pace Energy Sponsor LLC | Private Placement | Warrant
Schedule Of Organization And Business Operations Plan [Line Items]
Shares issued, price per share	$ 1.50

Summary of Significant Accoun22

Summary of Significant Accounting Policies - Additional Information (Details)	11 Months Ended
	Dec. 31, 2017USD ($)shares
Significant Accounting Policies [Line Items]
Cash and cash equivalents maturity period	90 days
Cash equivalents	$ 0
Federal depository insurance coverage	250,000
Minimum value of net tangible assets, or stockholders equity required	5,000,001
Deferred offering costs	1,424,561
Underwriter discount and deferred discount	$ 35,750,000
Maximum number of Class A common stock issued under warrants | shares	31,666,666
Dilutive securities | shares	0
Accrued interest and penalties	$ 0
Accrued Professional Fees And Other Expenses | Delaware
Significant Accounting Policies [Line Items]
Accrued taxes	$ 152,610
Public Offering
Significant Accounting Policies [Line Items]
Public offering, number of units sold | shares	65,000,000
Class A Common Stock
Significant Accounting Policies [Line Items]
Minimum value of net tangible assets, or stockholders equity required	$ 5,000,001
Common stock subject to possible redemption | shares	62,438,263
Class A Common Stock | Public Offering
Significant Accounting Policies [Line Items]
Public offering, number of units sold | shares	65,000,000

Public Offering - Additional In

Public Offering - Additional Information (Details) - USD ($)	May 10, 2017	Dec. 31, 2017
Underwriting discounts		$ 13,000,000
Deferred discount payable upon completion of business combination		$ 22,750,000
Class A Common Stock
Common stock par value		$ 0.0001
Public Offering
Public offering, number of units sold		65,000,000
Public offering, price per unit sold		$ 10
Sale of units description		Each unit consists of one share of Class A common stock of the Company at $0.0001 par value and one-third of one warrant (a “Unit”).
Warrant redemption price		$ 0.01
Business combination period allowed after close date to exercise warrants		24 months
Warrant redemption terms		Once the Warrants become exercisable, the Company may redeem the outstanding Warrants in whole, but not in part, at a price of $0.01 per Warrant upon a minimum of 30 days’ prior written notice of redemption, and only in the event that the last sale price of the Company’s Public Shares equals or exceeds $18.00 per share for any 20 trading days within the 30-trading day period ending on the third trading day before the Company sends the notice of redemption to the Warrant holders.
Underwriting discount percentage		2.00%
Underwriting discounts	$ 13,000,000	$ 13,000,000
Deferred discount percentage		3.50%
Deferred discount payable upon completion of business combination		$ 22,750,000
Public Offering | Warrant
Sale of units description		Each whole warrant entitles the holder to purchase one share of Class A common stock at a price of $11.50 per share (a “Warrant”).
Public Offering | Class A Common Stock
Public offering, number of units sold		65,000,000
Common stock par value		$ 0.0001
Warrant holder entitled to purchase common stock per one share		0.33%
Warrant redemption price		$ 11.50
Warrant holder entitled to purchase common stock percentage		0.33%
Public Offering | Class A Common Stock | Warrant
Stock price at which warrants may be redeemed		$ 18

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Details)	Aug. 23, 2017$ / sharesshares	Jun. 24, 2017shares	May 10, 2017USD ($)$ / sharesshares	Apr. 24, 2017Directorshares	Feb. 22, 2017USD ($)$ / sharesshares	Dec. 31, 2017USD ($)$ / sharesshares	Feb. 21, 2017USD ($)
Related Party Transaction [Line Items]
Common stock, issued, value | $						$ 25,000
Assets | $						653,937,462	$ 0
Proceeds from issuance of private placement | $			$ 15,000,000			$ 15,000,000
Trust account amount price per public share | $ / shares						$ 10
Trust account interest withdrawal annual limit to fund working capital and tax payment | $						$ 750,000
Administrative Services Agreement
Related Party Transaction [Line Items]
Related party transaction expense | $			$ 20,000			$ 153,333
Chief Executive Officer
Related Party Transaction [Line Items]
Stock units purchased	27,900
Weighted average purchase price per unit | $ / shares	$ 10.24
Private Placement
Related Party Transaction [Line Items]
Business combination period allowed after close date to exercise warrants						24 months
Initial shareholders purchased warrants			10,000,000
Private Placement | Warrant
Related Party Transaction [Line Items]
Common stock, issued, price per share | $ / shares			$ 1.50
Initial Public Offering
Related Party Transaction [Line Items]
Public offering, number of units sold						65,000,000
Common stock, issued, value | $						$ 650,000,000
Common stock, issued, price per share | $ / shares			$ 10
Business combination period allowed after close date to exercise warrants						24 months
Sale of units description						Each unit consists of one share of Class A common stock of the Company at $0.0001 par value and one-third of one warrant (a “Unit”).
Initial Public Offering | Chief Executive Officer
Related Party Transaction [Line Items]
Public offering, number of units sold						100,000
Common stock, issued, price per share | $ / shares						$ 10
Initial Public Offering | Warrant
Related Party Transaction [Line Items]
Sale of units description						Each whole warrant entitles the holder to purchase one share of Class A common stock at a price of $11.50 per share (a “Warrant”).
Minimum | Chief Executive Officer
Related Party Transaction [Line Items]
Price paid per unit | $ / shares	10.23
Maximum | Chief Executive Officer
Related Party Transaction [Line Items]
Price paid per unit | $ / shares	10.30
Class F Common Stock
Related Party Transaction [Line Items]
Public offering, number of units sold						11,500,000
Common stock, issued, value | $						$ 1,150
Common stock, issued, price per share | $ / shares					$ 0.002
Class F common stock dividend effected on April 24, 2017, shares				0.5		5,750,000
Common stock issued				17,250,000		16,250,000
Common stock outstanding				17,250,000		16,250,000
Percentage of common stock issued and outstanding				20.00%
Common stock shares transferred				40,000
Number of independent directors received Founder Shares | Director				4
Common stock, forfeited shares						1,000,000
Business combination period allowed after close date to exercise warrants						24 months
Class F Common Stock | Initial Public Offering
Related Party Transaction [Line Items]
Common stock, issued, value | $						$ 0
Class F Common Stock | Minimum
Related Party Transaction [Line Items]
Common stock, subject to forfeiture				1,500,000
Class F Common Stock | Maximum
Related Party Transaction [Line Items]
Common stock, subject to forfeiture				2,250,000
Class A Common Stock
Related Party Transaction [Line Items]
Common stock, issued, value | $						$ 0
Common stock issued						2,561,737
Common stock outstanding						2,561,737
Common stock conversion ratio						one-for-one
Trust account amount price per public share | $ / shares						$ 10
Class A Common Stock | Chief Executive Officer
Related Party Transaction [Line Items]
Common stock price per share | $ / shares	$ 9.80
Shares purchased	32,000
Class A Common Stock | Initial Public Offering
Related Party Transaction [Line Items]
Public offering, number of units sold						65,000,000
Common stock, issued, value | $						$ 6,500
TPG Pace Energy Sponsor LLC
Related Party Transaction [Line Items]
Proceeds from issuance of private placement | $			$ 15,000,000
Trust account amount price per public share | $ / shares						$ 10
Trust account interest withdrawal annual limit to fund working capital and tax payment | $						$ 750,000
Unsecured promissory notes | $			300,000
TPG Pace Energy Sponsor LLC | Warrant
Related Party Transaction [Line Items]
Proceeds from issuance of private placement | $			$ 15,000,000
TPG Pace Energy Sponsor LLC | Private Placement
Related Party Transaction [Line Items]
Initial shareholders purchased warrants			10,000,000
Transferable, assignable or salable period of warrants			30 days
TPG Pace Energy Sponsor LLC | Private Placement | Warrant
Related Party Transaction [Line Items]
Common stock, issued, price per share | $ / shares			$ 1.50
Sale of units description			Warrant entitles the holder to purchase one share of Class A common stock at $11.50 per share, subject to adjustment.
TPG Pace Energy Sponsor LLC | Class F Common Stock
Related Party Transaction [Line Items]
Public offering, number of units sold					11,500,000
Common stock, issued, value | $					$ 25,000
Common stock, issued, price per share | $ / shares					$ 0.002
Common stock outstanding						16,250,000
TPG Pace Energy Sponsor LLC | Class F Common Stock | Over-Allotment Option
Related Party Transaction [Line Items]
Common stock, forfeited shares		1,000,000
TPG Pace Energy Sponsor LLC | Class A Common Stock | Private Placement
Related Party Transaction [Line Items]
Warrant holder entitled to purchase common stock per one share			1
Common stock price per share | $ / shares			$ 11.50
Sponsor and Initial Shareholders | Class F Common Stock
Related Party Transaction [Line Items]
Related party transaction, description of transaction						Additionally, the Initial Stockholders agreed not to transfer, assign or sell any of their respective Founder Shares until the earlier of (i) one year after the completion of the Business Combination or (ii) subsequent to the Business Combination, if the last sale price of the Class A common stock equals or exceeds $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after the Business Combination and (iii) the date following the completion of the Business Combination on which the Company completes a liquidation, merger, capital stock exchange, reorganization or other similar transaction that results in all of the Company’s public stockholders having the right to exchange their shares of Class A common stock for cash, securities or other property (the “Lock Up Period”).
Sponsor and Initial Shareholders | Class A Common Stock | Minimum
Related Party Transaction [Line Items]
Price per share for earlier end of lockup period | $ / shares						$ 12
Private Aircraft Travel
Related Party Transaction [Line Items]
Travel related reimbursements expense | $						$ 125,681

Investments Held in Trust Acc25

Investments Held in Trust Account - Additional Information (Details) - USD ($)	Dec. 15, 2017	Sep. 15, 2017	May 10, 2017	Dec. 31, 2017
Assets Held in Trust Account [Line Items]
Gross proceeds from public offering			$ 650,000,000	$ 650,000,000
Gross proceeds from private placement warrants			15,000,000	15,000,000
Underwriting discounts				13,000,000
Cash				851,466
Repay notes payable			300,000	300,000
Interest on investments held in Trust Account				3,646,151
Withdrawal from investments held in Trust Account				807,000
Estimated quarterly tax payments				1,166,823
Investments held in Trust Account				652,839,151
Public Offering
Assets Held in Trust Account [Line Items]
Underwriting discounts			13,000,000	$ 13,000,000
Private Placement
Assets Held in Trust Account [Line Items]
Cash			$ 2,000,000
Internal Revenue Service
Assets Held in Trust Account [Line Items]
Estimated quarterly tax payments	$ 407,000	$ 400,000

Income Tax - Additional Informa

Income Tax - Additional Information (Details) - USD ($)	Dec. 15, 2017	Sep. 15, 2017	Mar. 31, 2017	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Dec. 31, 2017
Income Tax Disclosure [Line Items]
Income tax expense			$ (22,121)	$ 567,937	$ 360,346	$ 156,092	$ 1,062,254
Estimated quarterly tax payments							1,166,823
Deferred tax assets available to offset future taxable income				104,569			104,569
Internal Revenue Service
Income Tax Disclosure [Line Items]
Estimated quarterly tax payments	$ 407,000	$ 400,000
Federal Income Taxes Payable
Income Tax Disclosure [Line Items]
Accrued taxes				$ 359,823			$ 359,823

Income Tax - Components of Prov

Income Tax - Components of Provision for Income Tax (Details) - USD ($)	2 Months Ended	3 Months Ended			11 Months Ended
	Mar. 31, 2017	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Dec. 31, 2017
Federal
Estimated quarterly tax payments					$ 1,166,823
Deferred					(104,569)
State
Income tax provision	$ (22,121)	$ 567,937	$ 360,346	$ 156,092	$ 1,062,254

Income Tax - Reconciliation of

Income Tax - Reconciliation of Income Tax from Statutory Tax Rate to Effective Income Tax Rate (Details)	11 Months Ended
	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Provision for income taxes at U.S. federal statutory rate	34.00%
Permanent differences	4.40%
Rate change from tax reform	2.50%
Effective tax rate	40.90%

Deferred Underwriting Compens29

Deferred Underwriting Compensation - Additional Information (Details)	11 Months Ended
	Dec. 31, 2017USD ($)
Deferred Underwriting Compensation [Line Items]
Deferred discount payable upon completion of business combination	$ 22,750,000
Deferred discount	$ 0
Underwriting commitments	No Deferred Discount is payable to the underwriters if a Business Combination is not completed within 24 months after the Close Date.
Public Offering
Deferred Underwriting Compensation [Line Items]
Deferred discount percentage	3.50%
Deferred discount payable upon completion of business combination	$ 22,750,000

Stockholders' Equity - Addition

Stockholders' Equity - Additional Information (Details) - shares	Dec. 31, 2017	Apr. 24, 2017
Class Of Stock [Line Items]
Preferred shares authorized	1,000,000
Preferred shares issued	0
Preferred shares outstanding	0
Class A Common Stock
Class Of Stock [Line Items]
Common stock authorized	200,000,000
Common stock issued	65,000,000
Common stock outstanding	65,000,000
Common stock subject to possible redemption	62,438,263
Common stock issued	2,561,737
Common stock outstanding	2,561,737
Class F Common Stock
Class Of Stock [Line Items]
Common stock authorized	20,000,000
Common stock issued	16,250,000	17,250,000
Common stock outstanding	16,250,000	17,250,000

Quarterly Financial Informati31

Quarterly Financial Information (Unaudited) - Schedule of Quarterly Financial Information (Details) - USD ($)	2 Months Ended	3 Months Ended			11 Months Ended
	Mar. 31, 2017	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Dec. 31, 2017
Operating expenses:
Professional fees and other expenses	$ 63,223	$ 264,313	$ 250,286	$ 108,118	$ 685,940
Travel expenses		37,164	77,363	98,625	213,152
State franchise tax		152,610			152,610
Interest income	21	1,636,202	1,357,208	652,720	3,646,151
Income tax expense	22,121	(567,937)	(360,346)	(156,092)	(1,062,254)
Net income attributable to common stock	$ (41,081)	$ 614,178	$ 669,213	$ 289,885	$ 1,532,195
Net income per share of common stock:
Basic and diluted		$ 0.01	$ 0.01	$ 0.01	$ 0.02
Weighted average shares of common stock outstanding:
Basic and diluted	9,500,000	81,250,000	81,250,000	52,862,637	62,920,561