The following table presents financial information by segment for the three months ended June 30, 2016:


	Gathering &				Corporate and		Azure Midstream
In thousands	Processing		Logistics		Consolidation		Partners, LP
Total operating revenues	$	10,838	$	—	$	—	$	10,838
Cost of natural gas and NGL's		3,970		—		—		3,970
Gross margin		6,868		—		—		6,868
Operation and maintenance		3,689		668		—		4,357
General and administrative		—		—		4,072		4,072
Depreciation and amortization expense		3,547		29		22		3,598
Operating loss		(368)		(697)		(4,094)		(5,159)
Interest expense		—		—		3,153		3,153
Other income, net		(14)		—		—		(14)
Net loss before income tax expense		(354)		(697)		(7,247)		(8,298)
Income tax expense		23		—		70		93
Net loss	$	(377)	$	(697)	$	(7,317)	$	(8,391)

The following table presents financial information by segment for the six months ended June 30, 2016:


	Gathering &				Corporate and		Azure Midstream
In thousands	Processing		Logistics		Consolidation		Partners, LP
Total operating revenues	$	23,519	$	—	$	—	$	23,519
Cost of natural gas and NGL's		7,300		—		—		7,300
Gross margin		16,219		—		—		16,219
Operation and maintenance		7,097		1,331		—		8,428
General and administrative		—		—		6,760		6,760
Depreciation and amortization expense		7,859		59		1,670		9,588
Impairments		78,264		29,213		—		107,477
Operating loss		(77,001)		(30,603)		(8,430)		(116,034)
Interest expense		—		—		6,154		6,154
Other expense, net		21		—		60		81
Net loss before income tax expense		(77,022)		(30,603)		(14,644)		(122,269)
Income tax expense (benefit)		30		—		(337)		(307)
Net loss	$	(77,052)	$	(30,603)	$	(14,307)	$	(121,962)

The following table presents financial information by segment for the three months ended June 30, 2015:


	Gathering &				Corporate and		Azure Midstream
In thousands	Processing		Logistics		Consolidation		Partners, LP
Total operating revenues	$	20,209	$	4,163	$	—	$	24,372
Cost of natural gas and NGL's		4,994		—		—		4,994
Gross margin		15,215		4,163		—		19,378
Operation and maintenance		5,149		628		—		5,777
General and administrative		—		—		4,374		4,374
Depreciation and amortization expense		4,224		22		1,638		5,884
Operating income (loss)		5,842		3,513		(6,012)		3,343
Interest expense		—		—		3,225		3,225
Other expense, net		581		—		—		581
Net income (loss) before income tax expense		5,261		3,513		(9,237)		(463)
Income tax expense		—		—		540		540
Net income (loss)	$	5,261	$	3,513	$	(9,777)	$	(1,003)

The following table presents financial information by segment for the six months ended June 30, 2015:


	Gathering &				Corporate and		Azure Midstream
In thousands	Processing		Logistics		Consolidation		Partners, LP
Total operating revenues	$	34,469	$	5,583	$	—	$	40,052
Cost of natural gas and NGL's		9,797		—		—		9,797
Gross margin		24,672		5,583		—		30,255
Operation and maintenance		9,437		998		—		10,435
General and administrative		—		—		7,248		7,248
Depreciation and amortization expense		6,851		589		1,638		9,078
Operating income (loss)		8,384		3,996		(8,886)		3,494
Interest expense		—		—		6,698		6,698
Other expense, net		1,680		—		—		1,680
Net income (loss) before income tax expense		6,704		3,996		(15,584)		(4,884)
Income tax expense		—		—		499		499
Net income (loss)	$	6,704	$	3,996	$	(16,083)	$	(5,383)

The following table presents financial information by segment as of June 30, 2016:


	Gathering &				Corporate and		Azure Midstream
In thousands	Processing		Logistics		Consolidation		Partners, LP
Assets:
Current assets	$	5,244	$	12	$	12,931	$	18,187
Property, plant and equipment, net		398,575		941	$	366		399,882
Other assets		—		—		302		302
Total Assets	$	403,819	$	953	$	13,599	$	418,371
Liabilities and Partners’ Capital
Total current liabilities	$	3,702	$	50	$	1,618	$	5,370
Total long-term liabilities		18,520		—		212,999		231,519
Total Liabilities		22,222		50		214,617		236,889
Partners’ Capital		381,597		903		(201,018)		181,482
Total Liabilities and Partners’ Capital	$	403,819	$	953	$	13,599	$	418,371

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 (1)		—		—		341		341
Total Assets	$	490,252	$	62,141	$	11,571	$	563,964
Liabilities and Partners’ Capital
Total current liabilities	$	3,691	$	54	$	2,569	$	6,314
Total long-term liabilities (1)		11,625		—		229,578		241,203
Total Liabilities		15,316		54		232,147		247,517
Partners’ Capital		474,936		62,087		(220,576)		316,447
Total Liabilities and Partners’ Capital	$	490,252	$	62,141	$	11,571	$	563,964

_____________________________

(1) Includes reclassification of deferred loan costs of $3.3 million from other assets to total long-term liabilities.