| Schedule of financial information concerning the Partnership's segments |
Summarized financial information concerning the Partnership’s segments for the periods indicated is shown in the following table (in thousands):
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Water
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Gathering and
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Handling and
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Consolidated
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Processing
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Treatment
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Total
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Three months ended March 31, 2016
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Revenues:
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Revenue - Antero Resources
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$
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69,359
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66,439
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135,798
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Revenue - third-party
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275
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—
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275
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Total revenues
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69,634
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66,439
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136,073
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Operating expenses:
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Direct operating
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7,619
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41,522
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49,141
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General and administrative (before equity-based compensation)
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4,949
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2,170
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7,119
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Equity-based compensation
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4,386
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1,586
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5,972
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Depreciation
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16,861
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6,962
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23,823
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Accretion of contingent acquisition consideration
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—
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3,396
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3,396
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Total expenses
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33,815
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55,636
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89,451
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Operating income
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$
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35,819
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10,803
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46,622
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Equity in earnings of unconsolidated affiliates
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$
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-
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-
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-
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Total assets
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$
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1,503,098
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524,348
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2,027,446
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Additions to property and equipment
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$
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48,686
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37,036
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85,722
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Three months ended March 31, 2017
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Revenues:
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Revenue - Antero Resources
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$
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91,524
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83,110
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174,634
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Revenue - third-party
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135
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—
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135
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Total revenues
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91,659
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83,110
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174,769
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Operating expenses:
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Direct operating
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8,114
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39,440
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47,554
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General and administrative (before equity-based compensation)
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5,549
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2,622
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8,171
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Equity-based compensation
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4,589
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1,697
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6,286
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Depreciation
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19,700
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7,836
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27,536
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Accretion of contingent acquisition consideration
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—
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3,526
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3,526
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Total expenses
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37,952
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55,121
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93,073
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Operating income
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$
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53,707
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27,989
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81,696
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Equity in earnings of unconsolidated affiliates
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$
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2,231
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-
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2,231
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Total assets
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$
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1,925,752
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645,941
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2,571,693
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Additions to property and equipment
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$
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66,559
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36,954
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103,513
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