Related Party Transactions

3 Months Ended

Mar. 31, 2016

CEQP and CMLP enter into transactions with their affiliates within the ordinary course of business and the services are based on the same terms as non-affiliates, including gas gathering and processing services under long-term contracts, product purchases and various operating agreements.

The following table shows revenues, costs of product/services sold, general and administrative expenses and reimbursements of expenses from our affiliates for the three months ended March 31, 2016 and 2015 (in millions):



	Three Months Ended
	March 31,
	2016		2015
Gathering and processing revenues at CEQP and CMLP	$	0.7	$	1.0
Gathering and processing costs of product/services sold at CEQP and CMLP⁽¹⁾	$	4.3	$	8.3
Operations and maintenance expenses charged at CEQP and CMLP	$	0.7	$	0.9
General and administrative expenses charged by CEQP to CMLP, net⁽²⁾	$	3.7	$	17.4
General and administrative expenses charged by CEQP to Crestwood Holdings, net⁽³⁾	$	0.1	$	0.1


(1)	Represents natural gas purchases from Sabine Oil and Gas Corporation.

(2)

Includes $4.5 million and $2.2 million of net unit-based compensation charges allocated from CEQP to CMLP for three months ended March 31, 2016 and 2015. In addition, prior to the completion of the Simplification Merger, CEQP allocated general and administrative costs to CMLP. In conjunction with the Simplification Merger, CMLP shares common management, general and administrative and overhead costs with CEQP. During the three months ended March 31, 2016, CMLP allocated $0.8 million of general and administrative costs to CEQP.


(3)	Includes less than $0.1 million unit-based compensation charges allocated from Crestwood Holdings to CEQP and CMLP during the three months ended 2016.

The following table shows accounts receivable and accounts payable from our affiliates as of March 31, 2016 and December 31, 2015 (in millions):



	CEQP				CMLP
	March 31, 2016		December 31, 2015		March 31, 2016		December 31, 2015
Accounts receivable	$	1.1	$	1.7	$	1.1	$	1.7
Accounts payable	$	3.8	$	4.0	$	1.3	$	1.5

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

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