XML 15 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenues    
Gathering and transportation lease revenues $ 12,318  
Total revenues 18,536 $ 25,807
Operating expenses:    
Lease operating expenses 1,971 4,983
Transportation operating expenses 2,847 3,296
Cost of sales   37
Production taxes 322 473
General and administrative 5,165 5,609
Unit-based compensation expense 1,438 540
Depreciation, depletion and amortization 6,628 12,181
Asset impairments   4,688
Accretion expense 126 258
Total operating expenses 18,497 32,065
Other (income) expense    
Interest expense, net 2,599 1,883
Earnings from equity investments (4,272) (482)
Other expense 270  
Total other (income) expenses (1,403) 1,401
Total expenses 17,094 33,466
Income (loss) before income taxes 1,442 (7,659)
Net income (loss) 1,442 (7,659)
Less:    
Preferred unit paid-in-kind distributions   (2,625)
Preferred unit distributions (8,750) (7,000)
Preferred unit amortization (531) (404)
Net loss attributable to common unitholders $ (7,839) $ (17,688)
Net loss per unit    
Common units - Basic and Diluted (in dollars per share) $ (0.53) $ (1.32)
Weighted Average Units Outstanding, Common Units - Basic and Diluted (in units) 14,738,528 13,400,138
Common units    
Other (income) expense    
Net income (loss) $ 1,442  
Natural gas    
Revenues    
Revenue from contracts with customers 473 $ 2,779
Oil    
Revenues    
Revenue from contracts with customers 3,462 11,350
Natural gas liquid    
Revenues    
Revenue from contracts with customers 595 467
Gathering and transportation    
Revenues    
Revenue from contracts with customers $ 1,688 $ 11,211