Annual report pursuant to Section 13 and 15(d)

Combined Consolidated Statements of Operations and Comprehensive Income (Loss)

v3.3.1.900
Combined Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenue:      
Gathering and compression–Antero $ 230,210 $ 95,746 $ 22,363
Water handling and treatment–Antero 155,954 162,283 35,871
Gathering and compression–third party 382    
Water handling and treatment–third party 778 8,245  
Total revenues 387,324 266,274 58,234
Operating expenses:      
Direct operating 78,852 48,821 7,871
General and administrative (including $24,349, $11,618 and $22,470 of equity-based compensation in 2013, 2014, and 2015, respectively) 51,206 30,366 34,065
Depreciation 86,670 53,029 14,119
Contingent acquisition consideration accretion 3,333    
Total operating expenses 220,061 132,216 56,055
Operating income 167,263 134,058 2,179
Interest expense, net 8,158 6,183 164
Net income and comprehensive income 159,105 127,875 2,015
Pre-IPO net income attributable to parent   (98,219) $ (2,015)
Pre-Water Acquisition net income attributed to parent (40,193) (22,234)  
General partner's interest in net income attributable to incentive distribution rights (1,264)    
Limited partners' interest in net income $ 117,648 $ 7,422  
Basic      
Common units (in dollars per unit) $ 0.76 $ 0.05  
Subordinated units (in dollars per unit) 0.73 0.05  
Diluted      
Common units (in dollars per unit) 0.76 0.05  
Subordinated units (in dollars per unit) $ 0.73 $ 0.05  
Basic      
Common units 82,538 75,941  
Subordinated units 75,941 75,941  
Diluted      
Common units 82,586 75,941  
Subordinated units 75,941 75,941