v3.3.0.814
Condensed Combined Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenue:        
Gathering and compression-affiliate $ 59,220 $ 26,282 $ 168,056 $ 54,978
Water handling-affiliate 21,819 42,631 86,759 107,907
Gathering and compression–third party 38   38  
Water handling-third party 627 2,671 778 2,671
Total revenues 81,704 71,584 255,631 165,556
Revenue - affiliate 81,039 68,913 254,815 162,885
Operating expenses:        
Direct operating 1,609 12,579 38,830 32,532
General and administrative (including $5,284, $17,663, $2,111 and $7,392 of equity-based compensation in 2015 and 2014, respectively) 13,842 7,643 37,923 21,187
Depreciation 21,561 14,617 63,515 35,739
Total operating expenses 37,012 34,839 140,268 89,458
Operating income 44,692 36,745 115,363 76,098
Interest expense 2,044 2,455 5,266 4,121
Net income and comprehensive income 42,648 $ 34,290 110,097 $ 71,977
Less Pre-Water Acquisition net income attributed to parent (7,841)   (40,193)  
Less general partner's interest in net income (295)   (295)  
Limited partners' interest in net income $ 34,512   $ 69,609  
Basic        
Common units $ 0.23   $ 0.46  
Subordinated units 0.22   0.45  
Diluted        
Common units 0.23   0.46  
Subordinated units $ 0.22   $ 0.45  
Basic        
Common units 78,018,037   76,640,925  
Subordinated units 75,940,957   75,940,957  
Diluted        
Common units 78,034,156   76,657,439  
Subordinated units 75,940,957   75,940,957