v3.2.0.727
Summary of Significant Accounting Policies (Tables)
 6 Months Ended
Jun. 30, 2015
Summary of Significant Accounting Policies  
Schedule of Investment in property and equipment

 

 

 

 

 

 

 

 

 

 

 

 

(in thousands)

 

Estimated useful lives

 

As of December 31, 2014

 

As of June 30, 2015

 

Land

 

n/a

 

$
3,383

 

$
3,430

 

Gathering and compression systems - in-service

 

20 years

 

 
861,609

 

 
1,166,771

 

Gathering and compression systems - under construction

 

n/a

 

 
315,715

 

 
154,905

 

Total gathering and compression systems

 

 

 

 
1,180,707

 

 
1,325,106

 

Less accumulated depreciation

 

 

 

 
(51,110)

 

 
(80,782)

 

Property and equipment, net

 

 

 

$
1,129,597

 

$
1,244,324