| 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 September 30, 2016
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Revenues:
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Revenue - Antero Resources
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$
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77,871
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72,411
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150,282
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Revenue - third-party
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193
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—
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193
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Total revenues
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78,064
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72,411
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150,475
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Operating expenses:
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Direct operating
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4,692
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28,521
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33,213
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General and administrative (before equity-based compensation)
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5,068
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1,649
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6,717
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Equity-based compensation
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5,213
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1,386
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6,599
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Depreciation
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18,298
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7,838
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26,136
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Accretion of contingent acquisition consideration
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—
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3,527
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3,527
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Total expenses
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33,271
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42,921
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76,192
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Operating income
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$
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44,793
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29,490
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74,283
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Equity in earnings of unconsolidated affiliates
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$
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1,544
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—
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1,544
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Total assets
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$
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1,653,292
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562,995
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2,216,287
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Additions to property and equipment
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$
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55,800
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58,730
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|
114,530
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Three months ended September 30, 2017
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Revenues:
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Revenue - Antero Resources
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$
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100,518
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93,111
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193,629
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Revenue - third-party
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—
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—
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—
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Total revenues
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100,518
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93,111
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193,629
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Operating expenses:
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Direct operating
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10,560
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52,470
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63,030
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General and administrative (before equity-based compensation)
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4,225
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2,892
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|
7,117
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Equity-based compensation
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5,111
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|
2,088
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|
7,199
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Depreciation
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21,803
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|
8,753
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30,556
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Accretion of contingent acquisition consideration
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—
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2,556
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2,556
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Total expenses
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41,699
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68,759
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110,458
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Operating income
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$
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58,819
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24,352
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83,171
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Equity in earnings of unconsolidated affiliates
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$
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7,033
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—
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7,033
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Total assets
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$
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2,142,409
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752,982
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2,895,391
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Additions to property and equipment
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$
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99,254
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48,019
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147,273
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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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|
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Processing
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Treatment
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Total
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Nine months ended September 30, 2016
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Revenues:
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Revenue - Antero Resources
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$
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218,938
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203,750
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422,688
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Revenue - third-party
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|
669
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-
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|
669
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Total revenues
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219,607
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203,750
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423,357
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Operating expenses:
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Direct operating
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19,758
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105,193
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124,951
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General and administrative (before equity-based compensation)
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14,853
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5,493
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20,346
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Equity-based compensation
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14,902
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|
4,464
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19,366
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Depreciation
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52,125
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21,975
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74,100
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Accretion of contingent acquisition consideration
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-
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10,384
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10,384
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Total expenses
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101,638
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147,509
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249,147
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Operating income
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$
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117,969
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56,241
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174,210
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Equity in earnings of unconsolidated affiliates
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$
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2,027
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-
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2,027
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Total assets
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$
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1,653,292
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562,995
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2,216,287
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Additions to property and equipment
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$
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152,769
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137,355
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290,124
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Nine months ended September 30, 2017
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Revenues:
|
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Revenue - Antero Resources
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$
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290,675
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271,226
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561,901
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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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290,939
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271,226
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|
562,165
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Operating expenses:
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Direct operating
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28,596
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134,296
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162,892
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General and administrative (before equity-based compensation)
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15,242
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7,884
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23,126
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Equity-based compensation
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14,937
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|
5,499
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|
20,436
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Depreciation
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63,773
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|
24,831
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|
88,604
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Accretion of contingent acquisition consideration
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—
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9,672
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9,672
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Total expenses
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122,548
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182,182
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304,730
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Operating income
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$
|
168,391
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|
89,044
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|
257,435
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Equity in earnings of unconsolidated affiliates
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$
|
12,887
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|
—
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12,887
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Total assets
|
|
$
|
2,142,409
|
|
|
752,982
|
|
|
2,895,391
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|
Additions to property and equipment
|
|
$
|
254,619
|
|
|
143,470
|
|
|
398,089
|
|