v3.22.1
Revenue from Contracts with Customers
3 Months Ended
Mar. 31, 2022
Revenue from Contract with Customer [Abstract]  
Revenue from Contracts with Customers
2. REVENUE FROM CONTRACTS WITH CUSTOMERS

The following table summarizes revenue from contracts with customers:
 Three Months Ended 
March 31,
thousands20222021
Revenue from customers
Service revenues – fee based$631,598 $529,413 
Service revenues – product based40,867 31,652 
Product sales85,589 70,805 
Total revenue from customers758,054 631,870
Revenue from other than customers
Lease revenue (1)
 42,862 
Other243 242 
Total revenues and other$758,297 $674,974 
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(1)Includes fixed- and variable-lease revenue from an operating and maintenance agreement entered into with Occidental. See Operating leases within Note 5.

Contract balances. Receivables from customers, which are included in Accounts receivable, net on the consolidated balance sheets were $589.5 million and $424.6 million as of March 31, 2022 and December 31, 2021, respectively.
Contract assets primarily relate to (i) revenue accrued but not yet billed under cost-of-service contracts with fixed and variable fees and (ii) accrued deficiency fees the Partnership expects to charge customers once the related performance periods are completed. The following table summarizes activity related to contract assets from contracts with customers:
thousands
Contract assets balance at December 31, 2021
$22,557 
Amounts transferred to Accounts receivable, net that were included in the contract assets balance at the beginning of the period(208)
Additional estimated revenues recognized6,553 
Contract assets balance at March 31, 2022
$28,902 
Contract assets at March 31, 2022
Other current assets$10,897 
Other assets18,005 
Total contract assets from contracts with customers$28,902 
2. REVENUE FROM CONTRACTS WITH CUSTOMERS

Contract liabilities primarily relate to (i) fixed and variable fees under cost-of-service contracts that are received from customers for which revenue recognition is deferred, (ii) aid-in-construction payments received from customers that must be recognized over the expected period of customer benefit, and (iii) fees that are charged to customers for only a portion of the contract term and must be recognized as revenues over the expected period of customer benefit. The following table summarizes activity related to contract liabilities from contracts with customers:
thousands
Contract liabilities balance at December 31, 2021
$313,146 
Cash received or receivable, excluding revenues recognized during the period8,245 
Revenues recognized that were included in the contract liability balance at the beginning of the period(11,241)
Contract liabilities balance at March 31, 2022
$310,150 
Contract liabilities at March 31, 2022
Accrued liabilities$8,924 
Other liabilities301,226 
Total contract liabilities from contracts with customers$310,150 

Transaction price allocated to remaining performance obligations. Revenues expected to be recognized from certain performance obligations that are unsatisfied (or partially unsatisfied) as of March 31, 2022, are presented in the following table. The Partnership applies the optional exemptions in Revenue from Contracts with Customers (Topic 606) and does not disclose consideration for remaining performance obligations with an original expected duration of one year or less or for variable consideration related to unsatisfied (or partially unsatisfied) performance obligations. Therefore, the following table represents only a portion of expected future revenues from existing contracts as most future revenues from customers are dependent on future variable customer volumes and, in some cases, variable commodity prices for those volumes.
thousands
Remainder of 2022$824,085 
20231,047,028 
20241,021,224 
2025937,443 
2026809,384 
Thereafter2,177,567 
Total$6,816,731