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Asset Retirement Obligations | 9 Months Ended
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Sep. 30, 2021
Solaris Midstream Holdings, LLC and Subsidiaries |
Asset Retirement Obligations |
Asset Retirement Obligations | 7.Asset Retirement Obligations Our asset retirement obligations are primarily related to the dismantlement, removal, site reclamation and similar activities of our pipelines, water handling facilities and associated operations. A reconciliation of the changes in asset retirement obligations is as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
(in thousands) |  | 2021 |  | 2020
Asset Retirement Obligations at January 1, | ​ | $ | 5,291 | ​ | $ | 3,375
Liabilities Incurred | ​ | ​ | 533 | ​ | ​ | 738
Liabilities Incurred on Acquisition | ​ | ​ | — | ​ | ​ | 776
Reduction for Assets Sold | ​ | ​ | — | ​ | ​ | (22)
Accretion Expense | ​ | ​ | 208 | ​ | ​ | 179
Asset Retirement Obligations at September 30 | ​ | $ | 6,032 | ​ | $ | 5,046
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- Definition Detail information of asset retirement obligation. + References No definition available. + Details
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- Definition The entire disclosure for an asset retirement obligation and the associated long-lived asset. An asset retirement obligation is a legal obligation associated with the disposal or retirement from service of a tangible long-lived asset that results from the acquisition, construction or development, or the normal operations of a long-lived asset, except for certain obligations of lessees. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 410 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=2175671 + Details
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- Details
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