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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenues:    
Affiliates $ 101,428 $ 89,025
Third parties 27,456 16,609
Total revenues 128,884 105,634
Operating costs and expenses:    
Operations (exclusive of depreciation and amortization) 36,202 32,489
Depreciation and amortization 25,142 18,777
General and administrative 3,122 2,634
Total operating costs and expenses 64,466 53,900
Operating income 64,418 51,734
Other income (expense):    
Equity in earnings of equity method investments 1,279 1,840
Interest expense (17,581) (13,539)
Interest income 515 102
Loss on early extinguishment of debt 0 (12,225)
Gain on sale of assets and other 86 73
Total other income (expense) (15,701) (23,749)
Income before income taxes 48,717 27,985
State income tax benefit (expense) (82) (106)
Net Income 48,635 27,879
Allocation of net income attributable to noncontrolling interests (2,467) (2,316)
Net income attributable to the partners 46,168 25,563
General partner interest in net income attributable to the Partnership, including incentive distributions 0 (17,138)
Limited partners’ interest in net income $ 46,168 $ 8,425
Limited partners’ per unit interest in earnings—basic and diluted: $ 0.44 $ 0.13
Weighted average limited partners’ units outstanding 103,836 63,113