Related Party Transactions |
6 Months Ended |
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Jun. 30, 2017 | |
| Related Party Transactions | |
| Related Party Transactions | (3)Related Party Transactions Certain of the Partnership’s shareholders, including members of its executive management group, own a significant interest in the Partnership and, either through their representatives or directly, serve as members of the Board of Directors for Antero Resources and the Boards of Directors for the general partners of the Partnership and AMGP. These same groups or individuals own common shares in Antero Resources and common shares and other interests in AMGP, which indirectly owns the incentive distribution rights in the Partnership. The Partnership’s executive management group also manages the operations and business affairs of Antero Resources and AMGP. (a)Revenues Substantially all revenues earned were earned from Antero Resources under various agreements for gathering and compression and water services. (b)Accounts receivable—Antero Resources and Accounts payable—Antero Resources Accounts receivable—Antero Resources represents amounts due from Antero Resources, primarily related to gathering and compression services and water handling and treatment services. Accounts payable—Antero Resources represents amounts due to Antero Resources for general and administrative expenses, seconded employees, and other costs. (c)Allocation of Costs The employees supporting our operations are employees of Antero Resources. Direct operating expense includes allocated costs of $1.0 million and $1.2 million during the three months ended June 30, 2016 and 2017, respectively, and $1.8 million and $2.4 million during the six months ended June 30, 2016 and 2017, respectively, related to labor charges for Antero Resources employees associated with the operation of our gathering lines, compressor stations, and water handling and treatment assets. General and administrative expense includes allocated costs of $12.4 million and $13.8 million during the three months ended June 30, 2016 and 2017, respectively, and $23.9 million and $26.8 million during the six months ended June 30, 2016 and 2017, respectively. These costs relate to: (i) various business services, including payroll processing, accounts payable processing and facilities management, (ii) various corporate services, including legal, accounting, treasury, information technology and human resources and (iii) compensation, including equity-based compensation (see Note 6—Equity-Based Compensation for more information). These expenses are charged or allocated to us based on the nature of the expenses and are allocated based on a combination of our proportionate share of gross property and equipment, capital expenditures and labor costs, as applicable.
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