v3.3.0.814
Condensed Combined Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows provided by operating activities:    
Net income $ 110,097 $ 71,977
Adjustment to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation 63,515 35,739
Equity-based compensation 17,663 7,392
Amortization of deferred financing costs 774  
Changes in assets and liabilities:    
Accounts receivable-affiliate 1,963 (20,715)
Accounts receivable - third party 4,910 (860)
Prepaid expenses 457 (16)
Accounts payable 673 1,750
Accounts payable-affiliate 781  
Accrued ad valorem tax 62 3,376
Accrued liabilities (1,336) 3,853
Net cash provided by operating activities 199,559 102,496
Cash flows used in investing activities:    
Additions to gathering and compression systems (282,826) (428,036)
Additions to water handling systems (53,086) (159,097)
Acquired water handling assets (28,560)  
Change in working capital of affiliate related to property and equipment 40,277  
Change in other assets 10,883 (6,761)
Net cash used in investing activities (313,312) (593,894)
Cash flows provided by (used in) financing activities:    
Deemed distribution from parent, net (43,723) (5,491)
Water Acquisition (633,457)  
Distribution to unitholders (70,519)  
Proceeds from issuance of common units to public, net 240,972  
Borrowings on credit facilities, net 410,000 500,000
Payments of deferred financing costs (1,956)  
Other (246) (330)
Payments of IPO related costs   (2,781)
Net cash provided by (used in) financing activities (98,929) 491,398
Net decrease in cash and cash equivalents (212,682)  
Cash and cash equivalents, beginning of period 230,192  
Cash and cash equivalents, end of period 17,510  
Supplemental disclosure of cash flow information:    
Cash paid during the period for interest and commitment fees 4,725 3,586
Supplemental disclosure of noncash investing activities:    
Increase in accrued capital expenditures and accounts payable for property and equipment $ 21,962 $ 76,384