v3.3.0.814
Summary of Significant Accounting Policies (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2015
Dec. 31, 2014
Summary of Significant Accounting Policies    
Schedule of Investment in property and equipment

 

 

 

 

 

 

 

 

 

 

(in thousands)

 

Estimated useful lives

 

As of December 31, 2014

 

As of June 30, 2015

 

Land

 

n/a

 

$

3,383

 

$

3,430

 

Freshwater surface pipelines and equipment

 

5 years

 

 

20,931

 

 

25,062

 

Freshwater permanent buried pipelines

 

20 years

 

 

359,244

 

 

388,430

 

Gathering and compression systems

 

20 years

 

 

861,609

 

 

1,166,771

 

Construction-in-progress

 

n/a

 

 

356,552

 

 

183,105

 

Total property and equipment

 

 

 

 

1,601,719

 

 

1,766,798

 

Less accumulated depreciation

 

 

 

 

(70,124)

 

 

(112,078)

 

Property and equipment, net

 

 

 

$

1,531,595

 

$

1,654,720

 

 

 

 

 

 

 

 

 

 

 

 

(in thousands)

 

Estimated useful lives

 

As of December 31, 2013

 

As of December 31, 2014

 

Land

 

n/a

 

$

 —

 

$

3,383

 

Freshwater surface pipelines and equipment

 

5 years

 

 

 —

 

 

20,931

 

Freshwater permanent buried pipelines

 

20 years

 

 

201,706

 

 

359,244

 

Gathering and compression systems

 

20 years

 

 

370,192

 

 

861,609

 

Construction-in-progress

 

n/a

 

 

238,529

 

 

356,552

 

Total property and equipment

 

 

 

 

810,427

 

 

1,601,719

 

Less accumulated depreciation

 

 

 

 

(17,097)

 

 

(70,124)

 

Property and equipment, net

 

 

 

$

793,330

 

$

1,531,595