| 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 June 30, 2016
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Revenues:
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Revenue - Antero Resources
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$
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71,715
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64,893
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136,608
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Revenue - third-party
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|
202
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—
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202
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Total revenues
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71,917
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64,893
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|
136,810
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Operating expenses:
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Direct operating
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7,447
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35,150
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42,597
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General and administrative (before equity-based compensation)
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4,837
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|
1,675
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|
6,512
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Equity-based compensation
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5,301
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|
1,492
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|
6,793
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Depreciation
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16,964
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7,176
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24,140
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Accretion of contingent acquisition consideration
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—
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3,461
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3,461
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Total expenses
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34,549
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48,954
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|
83,503
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Operating income
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$
|
37,368
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|
15,939
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53,307
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Equity in earnings of unconsolidated affiliates
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$
|
484
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-
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|
484
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Total assets
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$
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1,583,246
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569,624
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2,152,870
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Additions to property and equipment
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$
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48,283
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41,589
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89,872
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Three months ended June 30, 2017
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Revenues:
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Revenue - Antero Resources
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$
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98,633
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|
95,004
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193,637
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Revenue - third-party
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|
129
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—
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129
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Total revenues
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98,762
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|
95,004
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193,766
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Operating expenses:
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Direct operating
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9,922
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42,386
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|
52,308
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General and administrative (before equity-based compensation)
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5,468
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2,370
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|
7,838
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Equity-based compensation
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5,237
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|
1,714
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|
6,951
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Depreciation
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22,271
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|
8,241
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30,512
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Accretion of contingent acquisition consideration
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—
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3,590
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3,590
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Total expenses
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42,898
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58,301
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101,199
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Operating income
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$
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55,864
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36,703
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92,567
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Equity in earnings of unconsolidated affiliates
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$
|
3,623
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-
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3,623
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Total assets
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$
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2,050,202
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711,735
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2,761,937
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Additions to property and equipment
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$
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88,806
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58,497
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147,303
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|
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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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Six months ended June 30, 2016
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Revenues:
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Revenue - Antero Resources
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$
|
141,066
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$
|
131,339
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$
|
272,405
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Revenue - third-party
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|
477
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-
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|
477
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Total revenues
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141,543
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|
131,339
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|
272,882
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Operating expenses:
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Direct operating
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15,066
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76,672
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91,738
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General and administrative (before equity-based compensation)
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9,785
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3,846
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13,631
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Equity-based compensation
|
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|
9,688
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|
3,078
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|
12,766
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Depreciation
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33,826
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14,137
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|
47,963
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Accretion of contingent acquisition consideration
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-
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6,857
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6,857
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Total expenses
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68,365
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104,590
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172,955
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Operating income
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$
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73,178
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$
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26,749
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$
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99,927
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Equity in earnings of unconsolidated affiliates
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$
|
484
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$
|
-
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$
|
484
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Total assets
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$
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1,583,246
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$
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569,624
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$
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2,152,870
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Additions to property and equipment
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$
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96,969
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$
|
78,625
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$
|
175,594
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Six months ended June 30, 2017
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Revenues:
|
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Revenue - Antero Resources
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|
$
|
190,157
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178,115
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368,272
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Revenue - third-party
|
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|
264
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|
|
—
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264
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Total revenues
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190,421
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|
|
178,115
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|
368,536
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Operating expenses:
|
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|
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|
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Direct operating
|
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18,036
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81,826
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|
99,862
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General and administrative (before equity-based compensation)
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11,017
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4,992
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|
16,009
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Equity-based compensation
|
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9,826
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|
|
3,411
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|
13,237
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Depreciation
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|
41,970
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|
16,078
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|
58,048
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Accretion of contingent acquisition consideration
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—
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7,116
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7,116
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Total expenses
|
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80,849
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|
113,423
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194,272
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Operating income
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$
|
109,572
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|
|
64,692
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|
174,264
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Equity in earnings of unconsolidated affiliates
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|
$
|
5,854
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|
|
—
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|
5,854
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Total assets
|
|
$
|
2,050,202
|
|
|
711,735
|
|
|
2,761,937
|
|
Additions to property and equipment
|
|
$
|
155,365
|
|
|
95,451
|
|
|
250,816
|
|