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 | ||
| X | ||||||||||
- Definition The aggregate cost of goods produced and sold and services rendered, excluding depreciation and amortization, during the reporting. No definition available.
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- Definition Revenue related to midstream and downstream gas activities from an affiliate. May include the following: gathering from wells, processing to remove impurities, storage, transmission, and the sale of natural gas and related products. No definition available.
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- Definition Revenue from marine-related services and products such as lubricants for offshore drilling, and retail or wholesale sales in a marina with affiliates. No definition available.
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- Definition Aggregate amount of net income allocated to general partners subsequent to IPO. No definition available.
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- Definition Aggregate amount of net income allocated to limited partners subsequent to IPO. No definition available.
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- Definition Per unit of ownership amount after tax of income (loss) available to outstanding limited partnership (LP) common unit-holder. No definition available.
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- Definition Per unit of ownership amount after tax of income (loss) available to limited partnership (LP) common unit-holder and units that would have been outstanding assuming the issuance of limited partner units for dilutive potential units outstanding. No definition available.
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- Definition Per unit of ownership amount after tax of income (loss) available to outstanding limited partnership (LP) subordinated unit-holder. No definition available.
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| X | ||||||||||
- Definition Per unit of ownership amount after tax of income (loss) available to limited partnership (LP) subordinated unit-holder and units that would have been outstanding assuming the issuance of limited partner units for dilutive potential units outstanding. No definition available.
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| X | ||||||||||
- Definition Aggregate amount of pre-acquisition net income allocated to parent. No definition available.
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- Definition Weighted average number of limited partnership common units outstanding determined by relating the portion of time within a reporting period that limited partnership common units have been outstanding to the total time in that period. No definition available.
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- Definition Weighted average number of limited partnership common units outstanding determined by relating the portion of time within a reporting period that limited partnership common units have been outstanding to the total time in that period. Used in the calculation of diluted net income or loss per limited partnership common unit. No definition available.
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| X | ||||||||||
- Definition Weighted average number of limited partnership subordinated units outstanding determined by relating the portion of time within a reporting period that limited partnership subordinated units have been outstanding to the total time in that period. Used in the calculation of diluted net income or loss per limited partnership subordinated unit. No definition available.
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| X | ||||||||||
- Definition Weighted average number of limited partnership subordinated units outstanding determined by relating the portion of time within a reporting period that limited partnership subordinated units have been outstanding to the total time in that period. No definition available.
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- Definition The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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| X | ||||||||||
- Definition Revenue related to midstream and downstream gas activities. May include the following: gathering from wells, processing to remove impurities, storage, transmission, and the sale of natural gas and related products. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The portion of profit or loss for the period which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Revenue from marine-related services and products such as lubricants for offshore drilling, and retail or wholesale sales in a marina. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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- References No definition available.
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- References No definition available.
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- References No definition available.
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| X | ||||||||||
- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition The net result for the period of deducting operating expenses from operating revenues. No definition available.
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| X | ||||||||||
- Definition Amount of revenue, fees and commissions earned from transactions between (a) a parent company and its subsidiaries; (b) subsidiaries of a common parent; (c) an entity and trusts for the benefit of employees, for example, but not limited to, pension and profit-sharing trusts that are managed by or under the trusteeship of the entity's management; (d) an entity and its principal, owners, management, or members of their immediate families; and (e) affiliates. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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