(13) Quarterly Financial Information (Unaudited)

The Partnership’s combined consolidated financial statements have been retrospectively recast for all periods presented prior to the fourth quarter of 2015 to include the historical results of Antero Water because the Water Acquisition was between entities under common control. See Note 1 – Business and Organization.

Our quarterly financial information for the years ended December 31, 2015 and 2016 is as follows (in thousands, except per unit data):


	First		Second		Third		Forth
	quarter		quarter		quarter		quarter
	(unaudited)
Year ended December 31, 2015
Total operating revenues	$	85,834	$	88,093	$	81,704	$	131,693
Total operating expenses		51,923		51,333		37,012		79,793
Operating income		33,911		36,760		44,692		51,900
Net income		32,325		35,124		42,648		49,008
Less: Pre-Water Acquisition net income attributed to parent		(16,678)		(15,674)		(7,841)		—
Less: general partner's interest in net income						(295)		(969)
Net income attributable to limited partner units	$	15,647	$	19,450	$	34,512	$	48,039
Net income per limited partner unit:
Basic and Diluted:
Common units	$	0.10	$	0.13	$	0.23	$	0.27
Subordinated units	$	0.10	$	0.13	$	0.22	$	0.27

Year ended December 31, 2016
Total operating revenues	$	136,072	$	136,810	$	150,475	$	166,854
Total operating expenses		89,452		83,503		76,192		82,953
Operating income		46,620		53,307		74,283		83,901
Net income		42,916		49,912		70,524		73,351
Less: general partner's interest in net income		(1,850)		(2,731)		(4,806)		(7,557)
Net income attributable to limited partner units	$	41,066	$	47,181	$	65,718	$	65,794
Net income per limited partner unit:
Basic and Diluted:
Common units	$	0.23	$	0.27	$	0.37	$	0.37
Subordinated units	$	0.23	$	0.27	$	0.37	$	0.37