
	Gathering &				Corporate and		Azure Midstream
In thousands	Processing		Logistics		Consolidation		Partners, LP
Total operating revenues	$	66,625	$	13,967	$	—	$	80,592
Cost of natural gas and NGL's		18,408		—		—		18,408
Gross margin		48,217		13,967		—		62,184
Operation and maintenance		18,347		2,429		—		20,776
General and administrative		—		—		14,183		14,183
Depreciation and amortization expense		15,397		5,518		42		20,957
Impairments		122,982		92,776		—		215,758
Operating loss		(108,509)		(86,756)		(14,225)		(209,490)
Interest expense		—		—		11,333		11,333
Other (income) expense		937		—		(21)		916
Net loss before income tax expense		(109,446)		(86,756)		(25,537)		(221,739)
Income tax expense		6		—		680		686
Net loss	$	(109,452)	$	(86,756)	$	(26,217)	$	(222,425)

The following table presents financial information by segment as of December 31, 2015:


	Gathering &				Corporate and		Azure Midstream
In thousands	Processing		Logistics		Consolidation		Partners, LP
Assets:
Current assets	$	6,489	$	1,565	$	10,831	$	18,885
Property, plant and equipment, net		483,763		993	$	399		485,155
Intangible assets, net		—		59,583		—		59,583
Other assets		—		—		3,602		3,602
Total Assets	$	490,252	$	62,141	$	14,832	$	567,225
Liabilities and Partners’ Capital
Total current liabilities	$	3,691	$	54	$	2,569	$	6,314
Total long-term liabilities		11,625		—		232,839		244,464
Total Liabilities		15,316		54		235,408		250,778
Partners’ Capital		474,936		62,087		(220,576)		316,447
Total Liabilities and Partners’ Capital	$	490,252	$	62,141	$	14,832	$	567,225