v3.3.0.814
Condensed Combined Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flows provided by operating activities:    
Net income (loss) $ 67,451 $ 37,689
Adjustment to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation 41,955 21,123
Equity-based compensation 12,376 5,281
Amortization of deferred financing costs 489  
Changes in assets and liabilities:    
Accounts receivable-affiliate 6,375 (10,184)
Accounts receivable - third party 5,574  
Prepaid expenses 309 (39)
Accounts payable 1,103 2,221
Accounts payable-affiliate 50  
Accrued ad valorem tax 9,517 2,393
Accrued liabilities (107) 1,255
Net cash provided by operating activities 145,092 59,739
Cash flows used in investing activities:    
Additions to property and equipment - Gathering and Compression (200,075) (265,554)
Additions to property and equipment - water handling (33,265) (105,792)
Change in working capital of affiliate related to property and equipment 40,277  
Change in other assets (126) (37,646)
Net cash used in investing activities (193,189) (408,992)
Cash flows provided by (used in) financing activities:    
Deemed contribution from (distribution to) parent, net (65,385) 31,839
Distribution to unitholders (41,660)  
Borrowings credit facility 38,000 320,000
Payments of deferred financing costs (19)  
Payments on capital lease obligations (164) (626)
Payments for IPO related costs   (1,960)
Net cash provided by financing activities (69,228) 349,253
Net decrease in cash and cash equivalents (117,325)  
Cash and cash equivalents, beginning of period 230,192  
Cash and cash equivalents, end of period 112,867  
Supplemental disclosure of cash flow information:    
Cash paid during the period for interest and commitment fees 2,784 1,385
Supplemental disclosure of noncash investing activities:    
Increase (decrease) in accrued capital expenditures and accounts payable for property and equipment $ (27,984) $ 38,021