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Transactions Related to the Partnership | 3 Months Ended
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Mar. 31, 2018
Related Party Transactions [Abstract] |
Transactions Related to the Partnership | 17. Transactions Related to the Partnership On April 26, 2018, we completed the acquisition of all of the outstanding common units of the Partnership at a fixed exchange ratio of 1.40 shares of our common stock for each common unit of the Partnership not owned by us. Additionally, the incentive distribution rights in the Partnership, which were previously owned indirectly by us, were canceled and ceased to exist. As a result of the Merger, common units of the Partnership are no longer publicly traded. See Note 18 (“Subsequent Events”) for further details of this transaction. At March 31, 2018, we owned an approximate 43% interest in the Partnership and the Partnership’s fleet included 5,989 compressor units comprising 3.3 million horsepower, or 86%, of our and the Partnership’s combined total horsepower. The liabilities recognized as a result of consolidating the Partnership do not necessarily represent additional claims on our general assets outside of the Partnership; rather, they represent claims against the specific assets of the Partnership. Conversely, assets recognized as a result of consolidating the Partnership do not necessarily represent additional assets that could be used to satisfy claims against our general assets. There are no restrictions on the Partnership’s assets that are reported in our general assets. On April 30, 2018, the board of directors of Archrock GP LLC, the general partner of the General Partner, approved a cash distribution by the Partnership of approximately $15.5 million. The distribution covers the period from January 1, 2018 through March 31, 2018. Any distributions in respect of the Partnership’s common units will be paid to us as the owner of all outstanding common units. During the three months ended March 31, 2018 and March 31, 2017, the Partnership issued and sold to the General Partner 690 and 1,119 general partner units, respectively, to maintain the General Partner’s approximate 2% general partner interest in the Partnership.

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- Definition The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -URI http://asc.fasb.org/topic&trid=2122745 + Details
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