v3.3.0.814
Reporting Segments (Tables)
9 Months Ended
Sep. 30, 2015
Reporting Segments  
Schedule of financial information concerning the Partnership's segments

Summarized financial information concerning the Partnership’s segments for the periods indicated is shown in the following table (in thousands):

 

 

 

 

 

 

 

 

 

 

 

  

Gathering and

  

Water

  

Consolidated

 

  

Compression

  

Handling

  

Total

Three months ended September 30, 2014

 

 

 

 

 

 

 

 

 

Revenues:

 

 

 

 

 

 

 

 

 

Revenue - affiliate

 

$

26,282

 

$

42,631

 

$

68,913

Revenue - third-party

 

 

 -

 

 

2,671

 

 

2,671

Total revenues

 

$

26,282

 

$

45,302

 

$

71,584

 

 

 

 

 

 

 

 

 

 

Operating expenses:

 

 

 

 

 

 

 

 

 

Direct operating

 

 

3,525

 

 

9,054

 

 

12,579

General and administrative (before equity-based compensation)

 

 

3,956

 

 

1,576

 

 

5,532

Equity-based compensation

 

 

1,562

 

 

549

 

 

2,111

Depreciation

 

 

10,227

 

 

4,390

 

 

14,617

Total

 

$

19,270

 

$

15,569

 

$

34,839

Operating income

 

$

7,012

 

$

29,733

 

$

36,745

Segment assets

 

$

1,071,273

 

$

396,692

 

$

1,467,965

Capital expenditures for segment assets

 

$

162,482

 

$

53,305

 

$

215,787

 

 

 

 

 

 

 

 

 

 

Three months ended September 30, 2015

 

 

 

 

 

 

 

 

 

Revenues:

 

 

 

 

 

 

 

 

 

Revenue - affiliate

 

$

59,220

 

$

21,819

 

$

81,039

Revenue - third-party

 

 

38

 

 

627

 

 

665

Total revenues

 

$

59,258

 

$

22,446

 

$

81,704

 

 

 

 

 

 

 

 

 

 

Operating expenses:

 

 

 

 

 

 

 

 

 

Direct operating

 

 

(3,164)

 

 

4,773

 

 

1,609

General and administrative (before equity-based compensation)

 

 

7,060

 

 

1,498

 

 

8,558

Equity-based compensation

 

 

4,205

 

 

1,079

 

 

5,284

Depreciation

 

 

15,076

 

 

6,485

 

 

21,561

Total

 

$

23,177

 

$

13,835

 

$

37,012

Operating income

 

$

36,081

 

$

8,611

 

$

44,692

Segment assets

 

$

1,395,057

 

$

487,734

 

$

1,882,791

Capital expenditures for segment assets

 

$

82,751

 

$

19,821

 

$

102,572

Acquired water handling assets

 

$

 -

 

$

28,560

 

$

28,560

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

Gathering and

  

Water

  

Consolidated

 

 

  

Compression

  

Handling

  

Total

 

Nine months ended September 30, 2014

 

 

 

 

 

 

 

 

 

 

Revenues:

 

 

 

 

 

 

 

 

 

 

Revenue - affiliate

 

$

54,978

 

$

107,907

 

$

162,885

 

Revenue - third-party

 

 

 -

 

 

2,671

 

 

2,671

 

Total revenues

 

$

54,978

 

$

110,578

 

$

165,556

 

 

 

 

 

 

 

 

 

 

 

 

Operating expenses:

 

 

 

 

 

 

 

 

 

 

Direct operating

 

 

6,661

 

 

25,871

 

 

32,532

 

General and administrative (before equity-based compensation)

 

 

9,710

 

 

4,085

 

 

13,795

 

Equity-based compensation

 

 

5,365

 

 

2,027

 

 

7,392

 

Depreciation

 

 

24,991

 

 

10,748

 

 

35,739

 

Total

 

$

46,727

 

$

42,731

 

$

89,458

 

Operating income

 

$

8,251

 

$

67,847

 

$

76,098

 

Segment assets

 

$

1,071,273

 

$

396,692

 

$

1,467,965

 

Capital expenditures for segment assets

 

$

428,036

 

$

159,097

 

$

587,133

 

 

 

 

 

 

 

 

 

 

 

 

Nine months ended September 30, 2015

 

 

 

 

 

 

 

 

 

 

Revenues:

 

 

 

 

 

 

 

 

 

 

Revenue - affiliate

 

$

168,056

 

$

86,759

 

$

254,815

 

Revenue - third-party

 

 

38

 

 

778

 

 

816

 

Total revenues

 

$

168,094

 

$

87,537

 

$

255,631

 

 

 

 

 

 

 

 

 

 

 

 

Operating expenses:

 

 

 

 

 

 

 

 

 

 

Direct operating

 

 

19,817

 

 

19,013

 

 

38,830

 

General and administrative (before equity-based compensation)

 

 

16,467

 

 

3,793

 

 

20,260

 

Equity-based compensation

 

 

14,218

 

 

3,445

 

 

17,663

 

Depreciation

 

 

44,748

 

 

18,767

 

 

63,515

 

Total

 

$

95,250

 

$

45,018

 

$

140,268

 

Operating income

 

$

72,844

 

$

42,519

 

$

115,363

 

Segment assets

 

$

1,395,057

 

$

487,734

 

$

1,882,791

 

Capital expenditures for segment assets

 

$

282,826

 

$

53,086

 

$

335,912

 

Acquired water handling assets

 

$

 -

 

$

28,560

 

$

28,560