v3.3.0.814
Net Income Per Limited Partner Unit (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2015
Dec. 31, 2014
Earnings Per Limited Partner Unit    
Schedule of net income per common and subordinated unit

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended June 30, 2015

 

Limited partners'

 

 

 

(In thousands except per unit amounts)

Public common units

    

Antero common units

    

Subordinated units

    

Total

Basic and diluted earnings per unit:

 

 

  

 

 

  

 

 

  

 

 

Earnings:

 

 

 

 

 

 

 

 

 

 

 

Distribution declared (1)

$

8,740

 

$

5,689

 

$

14,429

 

$

28,858

Distributions in excess of earnings

 

(2,849)

 

 

(1,855)

 

 

(4,704)

 

 

(9,408)

Total earnings

$

5,891

 

$

3,834

 

$

9,725

 

$

19,450

Weighted average units outstanding:

 

 

 

 

 

 

 

 

 

 

 

Basic

 

46,000

 

 

29,941

 

 

75,941

 

 

151,882

Diluted

 

46,017

 

 

29,941

 

 

75,941

 

 

151,899

Net income per limited partner unit

 

 

 

 

 

 

 

 

 

 

 

Basic:

$

0.13

 

$

0.13

 

$

0.13

 

 

 

Diluted:

$

0.13

 

$

0.13

 

$

0.13

 

 

 

 


 

(1)

 

On July 15, 2015, we announced that the board of directors of our general partner declared a cash distribution of $0.19 per unit for the quarter ended June 30, 2015. The distribution was paid on August 27, 2015 to unitholders of record as of August 13, 2015.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six months ended June 30, 2015

 

Limited partners'

 

 

 

(In thousands except per unit amounts)

Public common units

    

Antero common units

    

Subordinated units

    

Total

Basic and diluted earnings per unit:

 

 

  

 

 

  

 

 

  

 

 

Earnings:

 

 

 

 

 

 

 

 

 

 

 

Distribution declared (1)

$

17,020

 

$

11,078

 

$

28,098

 

$

56,196

Distributions in excess of earnings

 

(6,435)

 

 

(4,114)

 

 

(10,549)

 

 

(21,098)

Total earnings

$

10,585

 

$

6,964

 

$

17,549

 

$

35,098

Weighted average units outstanding:

 

 

 

 

 

 

 

 

 

 

 

Basic

 

46,000

 

 

29,941

 

 

75,941

 

 

151,882

Diluted

 

46,015

 

 

29,941

 

 

75,941

 

 

151,897

Net income per limited partner unit

 

 

 

 

 

 

 

 

 

 

 

Basic:

$

0.23

 

$

0.23

 

$

0.23

 

 

 

Diluted:

$

0.23

 

$

0.23

 

$

0.23

 

 

 

 


 

(1)

 

On July 15, 2015, we announced that the board of directors of our general partner declared a cash distribution of $0.19 per unit for the quarter ended June 30, 2015. The distribution was paid on August 27, 2015 to unitholders of record as of August 13, 2015.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

November 10, 2014 to December 31, 2014

 

 

Limited partners

 

 

 

(In thousands except per unit amounts)

 

Public common units

    

Antero common units

    

Subordinated units

    

Total

Basic and diluted earnings per unit:

 

 

 

  

 

 

  

 

 

  

 

 

Earnings:

 

 

 

 

 

 

 

 

 

 

 

 

Distribution declared (1)

 

$

4,338

 

$

2,823

 

$

7,161

 

$

14,322

Distributions in excess of earnings

 

 

(2,090)

 

 

(1,360)

 

 

(3,450)

 

 

(6,900)

Total earnings

  

$

2,248

  

$

1,463

  

$

3,711

 

$

7,422

Weighted average units outstanding:

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted

 

 

46,000

 

 

29,941

 

 

75,941

 

 

151,882

Net income attributable to Antero Midstream Partners LP subsequent to IPO per limited partner unit

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted:

 

 

 

 

 

 

 

 

 

 

 

 

Total earnings per unit

  

$

0.05

  

$

0.05

  

$

0.05

 

 

 

 


(1)

On February 2, 2015, we announced the board of directors of our general partner had declared a quarterly cash distribution of $0.0943 per unit, totaling approximately $14 million. The quarterly cash distribution for the period November 10, 2014 to December 31, 2014 was calculated as a minimum quarterly distribution of $0.1700 per unit prorated for the period subsequent to the IPO. The distribution was payable on February 27, 2015 to unitholders of record on February 13, 2015.