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Acquisitions (Tables)

12 Months Ended

Dec. 31, 2018

Acquisitions

Schedule of purchase price allocation (in thousands)

The following table summarizes the assumed purchase price and fair value and the allocation to the assets acquired and liabilities assumed (in thousands):

Assumed purchase price allocation to USA Compression Partners, LP
Current assets		$	786,258
Fixed assets			1,331,850
Other long-term assets			15,018
Customer relationships			221,500
Total identifiable assets acquired			2,354,626
Current liabilities			(110,465)
Long-term debt			(1,526,865)
Other long-term liabilities			(1,538)
Total liabilities assumed			(1,638,868)
Net identifiable assets acquired			715,758
Goodwill (1)			365,983
Net assets acquired		$	1,081,741
April 2, 2018 Transactions:
Cash assumed in the CDM Acquisition			(710,506)
Issuance of Preferred Units			(465,121)
Issuance of Class B Units for the CDM Acquisition			(86,125)
Issuance of Warrants			(13,979)
Issuance of common units for the Equity Restructuring			(135,440)
Issuance of common units for the CDM Acquisition			(324,910)
Purchase Price Adjustment for USA Compression Partners, LP		$	(654,340)

(1) Goodwill recognized from the business combination primarily relates to the value attributed to additional growth opportunities, synergies and operating leverage within the Partnership’s areas of operation.  The valuation of goodwill recognized from the business combination is final.

Summary of pro forma financial information

		Year Ended December 31,
		2018			2017
Total revenues		$	662,091		$	556,893
Net loss		$	(44,894)		$	(344,995)
Net loss attributable to common and Class B unitholders' interests		$	(93,644)		$	(393,745)
Basic and diluted net loss per common unit and Class B Unit		$	(0.98)		$	(4.14)

X

- Definition

Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(2)
-URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(3)
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- Definition

Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=84161108&loc=d3e4845-128472

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