Annual report pursuant to Section 13 and 15(d)

Reporting Segments (Tables)

v3.6.0.2
Reporting Segments (Tables)
12 Months Ended
Dec. 31, 2016
Reporting Segments  
Schedule of financial information concerning the Partnership's segments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Water

 

 

 

 

 

  

Gathering and

  

Handling and

  

Consolidated

 

 

    

Processing

    

Treatment

    

Total

 

Year ended December 31, 2014

 

 

 

 

 

 

 

 

 

 

Revenues:

 

 

 

 

 

 

 

 

 

 

Revenue - Antero Resources

 

$

95,746

 

$

162,283

 

$

258,029

 

Revenue - third-party

 

 

 -

 

 

8,245

 

 

8,245

 

Total revenues

 

$

95,746

 

$

170,528

 

$

266,274

 

 

 

 

 

 

 

 

 

 

 

 

Operating expenses:

 

 

 

 

 

 

 

 

 

 

Direct operating

 

 

15,470

 

 

33,351

 

 

48,821

 

General and administrative (before equity-based compensation)

 

 

13,416

 

 

5,332

 

 

18,748

 

Equity-based compensation

 

 

8,619

 

 

2,999

 

 

11,618

 

Depreciation

 

 

36,789

 

 

16,240

 

 

53,029

 

Total expenses

 

 

74,294

 

 

57,922

 

 

132,216

 

 

 

 

 

 

 

 

 

 

 

 

Operating income

 

$

21,452

 

$

112,606

 

$

134,058

 

 

 

 

 

 

 

 

 

 

 

 

Total assets

 

$

1,395,121

 

$

421,489

 

$

1,816,610

 

Additions to property and equipment

 

$

553,582

 

$

200,116

 

$

753,698

 

 

 

 

 

 

 

 

 

 

 

 

Year ended December 31, 2015

 

 

 

 

 

 

 

 

 

 

Revenues:

 

 

 

 

 

 

 

 

 

 

Revenue - Antero Resources

 

$

230,210

 

$

155,954

 

$

386,164

 

Revenue - third-party

 

 

382

 

 

778

 

 

1,160

 

Total revenues

 

 

230,592

 

 

156,732

 

 

387,324

 

 

 

 

 

 

 

 

 

 

 

 

Operating expenses:

 

 

 

 

 

 

 

 

 

 

Direct operating

 

 

25,783

 

 

53,069

 

 

78,852

 

General and administrative (before equity-based compensation)

 

 

22,608

 

 

6,128

 

 

28,736

 

Equity-based compensation

 

 

17,840

 

 

4,630

 

 

22,470

 

Depreciation

 

 

60,838

 

 

25,832

 

 

86,670

 

Accretion of contingent acquisition consideration

 

 

 -

 

 

3,333

 

 

3,333

 

Total expenses

 

 

127,069

 

 

92,992

 

 

220,061

 

 

 

 

 

 

 

 

 

 

 

 

Operating income

 

$

103,523

 

$

63,740

 

$

167,263

 

 

 

 

 

 

 

 

 

 

 

 

Total assets

 

$

1,428,796

 

$

551,236

 

$

1,980,032

 

Additions to property and equipment

 

$

320,002

 

$

132,633

 

$

452,635

 

 

 

 

 

 

 

 

 

 

 

 

Year ended December 31, 2016

 

 

 

 

 

 

 

 

 

 

Revenues:

 

 

 

 

 

 

 

 

 

 

Revenue - Antero Resources

 

$

303,250

 

$

282,267

 

$

585,517

 

Revenue - third-party

 

 

835

 

 

 -

 

 

835

 

Gain on sale of assets

 

 

3,859

 

 

 -

 

 

3,859

 

Total revenues

 

 

307,944

 

 

282,267

 

 

590,211

 

 

 

 

 

 

 

 

 

 

 

 

Operating expenses:

 

 

 

 

 

 

 

 

 

 

Direct operating

 

 

27,289

 

 

134,298

 

 

161,587

 

General and administrative (before equity-based compensation)

 

 

20,118

 

 

7,996

 

 

28,114

 

Equity-based compensation

 

 

19,714

 

 

6,335

 

 

26,049

 

Depreciation

 

 

69,962

 

 

29,899

 

 

99,861

 

Accretion of contingent acquisition consideration

 

 

 -

 

 

16,489

 

 

16,489

 

Total expenses

 

 

137,083

 

 

195,017

 

 

332,100

 

 

 

 

 

 

 

 

 

 

 

 

Operating income

 

$

170,861

 

$

87,250

 

$

258,111

 

 

 

 

 

 

 

 

 

 

 

 

Total assets

 

$

1,734,208

 

$

615,687

 

$

2,349,895

 

Additions to property and equipment

 

$

228,100

 

$

188,220

 

$

416,320