The following table presents financial information by segment for the three months ended March 31, 2016:


	Gathering &				Corporate and		Azure Midstream
In thousands	Processing		Logistics		Consolidation		Partners, LP
Total operating revenues	$	12,681	$	—	$	—	$	12,681
Cost of natural gas and NGL's		3,330		—		—		3,330
Gross margin		9,351		—		—		9,351
Operation and maintenance		3,408		663		—		4,071
General and administrative		—		—		2,688		2,688
Depreciation and amortization expense		4,314		1,654		22		5,990
Impairments		78,264		29,213		—		107,477
Operating loss		(76,635)		(31,530)		(2,710)		(110,875)
Interest expense		—		—		3,001		3,001
Other expense, net		35		—		60		95
Net loss before income tax expense		(76,670)		(31,530)		(5,771)		(113,971)
Income tax expense (benefit)		7		—		(407)		(400)
Net loss	$	(76,677)	$	(31,530)	$	(5,364)	$	(113,571)

The following table presents financial information by segment for the three months ended March 31, 2015:


	Gathering &				Corporate and		Azure Midstream
In thousands	Processing		Logistics		Consolidation		Partners, LP
Total operating revenues	$	14,260	$	1,420	$	—	$	15,680
Cost of natural gas and NGL's		4,803		—		—		4,803
Gross margin		9,457		1,420		—		10,877
Operation and maintenance		4,288		370		—		4,658
General and administrative		—		—		2,874		2,874
Depreciation and amortization expense		2,627		567		—		3,194
Impairments		—		—		—		—
Operating income (loss)		2,542		483		(2,874)		151
Interest expense		—		—		3,473		3,473
Other expense, net		1,099		—		—		1,099
Net income (loss) before income tax expense		1,443		483		(6,347)		(4,421)
Income tax expense (benefit)		(138)		—		97		(41)
Net income (loss)	$	1,581	$	483	$	(6,444)	$	(4,380)

The following table presents financial information by segment as of March 31, 2016:


	Gathering &				Corporate and		Azure Midstream
In thousands	Processing		Logistics		Consolidation		Partners, LP
Assets:
Current assets	$	6,300	$	77	$	16,437	$	22,814
Property, plant and equipment, net		401,712		964	$	377		403,053
Intangible assets, net		—		28,745		—		28,745
Other assets		—		—		321		321
Total Assets	$	408,012	$	29,786	$	17,135	$	454,933
Liabilities and Partners’ Capital
Total current liabilities	$	2,301	$	3	$	1,447	$	3,751
Total long-term liabilities		18,520		—		229,362		247,882
Total Liabilities		20,821		3		230,809		251,633
Partners’ Capital		387,191		29,783		(213,674)		203,300
Total Liabilities and Partners’ Capital	$	408,012	$	29,786	$	17,135	$	454,933

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


	Gathering &				Corporate and		Azure Midstream
In thousands	Processing		Logistics		Consolidation		Partners, LP
Assets:
Current assets	$	8,230	$	1,499	$	5,801	$	15,530
Property, plant and equipment, net		494,540		805	$	—		495,345
Goodwill		122,497		92,410		—		214,907
Intangible assets, net		—		64,458		—		64,458
Other assets (1)		586		—		1		587
Total Assets	$	625,853	$	159,172	$	5,802	$	790,827
Liabilities and Partners’ Capital
Total current liabilities	$	7,236	$	236	$	10,628	$	18,100
Total long-term liabilities (1)		11,625		—		229,554		241,179
Total Liabilities		18,861		236		240,182		259,279
Partners’ Capital		606,992		158,936		(234,380)		531,548
Total Liabilities and Partners’ Capital	$	625,853	$	159,172	$	5,802	$	790,827

_____________________________

(1) Includes reclassification of deferred loan costs of $5.1 million from other assets to total long-term liabilities.