Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations and Comprehensive Income

v3.8.0.1
Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenue    
Revenue $ 229,591 $ 174,769
Operating expenses:    
Direct operating 67,256 47,554
General and administrative (including $6,286 and $6,211 of equity-based compensation in 2017 and 2018, respectively) 14,455 14,457
Depreciation 32,432 27,536
Accretion of contingent acquisition consideration 3,874 3,526
Accretion of asset retirement obligations 34  
Total operating expenses 118,051 93,073
Operating income 111,540 81,696
Interest expense, net (11,297) (8,836)
Equity in earnings of unconsolidated affiliates 7,862 2,231
Net income and comprehensive income 108,105 75,091
Net income attributable to incentive distribution rights (28,453) (11,553)
Limited partners' interest in net income $ 79,652 $ 63,538
Net income per limited partner unit - basic and diluted $ 0.43 $ 0.35
Weighted average limited partner units outstanding - basic 186,934 183,033
Weighted average limited partner units outstanding - diluted 187,173 183,447
Natural Gas, Gathering, Transportation, Marketing and Processing - Affiliate    
Revenue    
Revenue $ 108,177 $ 91,524
Natural Gas Water Handling and Treatment - Affiliate    
Revenue    
Revenue 120,889 83,110
Natural Gas, Gathering, Transportation, Marketing and Processing    
Revenue    
Revenue   $ 135
Natural Gas Water Handling and Treatment    
Revenue    
Revenue $ 525