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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues        
Gathering and transportation lease revenues $ 15,969 $ 13,168 $ 32,226 $ 25,486
Total revenues 21,855 17,039 39,345 35,575
Operating expenses:        
Lease operating expenses 2,065 2,007 3,780 3,978
Transportation operating expenses 3,048 3,071 5,724 5,918
Production taxes 141 287 324 609
General and administrative expenses 4,171 6,919 8,920 12,084
Unit-based compensation expense 175 1,347 810 2,785
Gain on sale of assets   (2,388)   (2,388)
Depreciation, depletion and amortization 6,174 6,545 12,603 13,173
Asset impairments 0 0 0 0
Accretion expense 126 123 259 249
Total operating expenses 15,900 17,911 32,420 36,408
Other (income) expense        
Interest expense, net 2,814 2,780 5,600 5,379
Earnings from equity investments (791) (3,111) (2,233) (7,383)
Other (income) expense (21) 1,254 (67) 1,524
Total other (income) expenses 2,002 923 3,300 (480)
Total expenses 17,902 18,834 35,720 35,928
Income (loss) before income taxes 3,953 (1,795) 3,625 (353)
Income tax expense 76   122  
Net income (loss) 3,877 (1,795) 3,503 (353)
Less:        
Preferred unit paid-in-kind distributions (10,605) (3,500) (10,605) (3,500)
Preferred unit distributions   (7,000) (8,838) (15,750)
Preferred unit amortization (745) (568) (1,442) (1,099)
Net loss attributable to common unitholders $ (7,473) $ (12,863) $ (17,382) $ (20,702)
Net loss per unit        
Common units - Basic and Diluted (in dollars per share) $ (0.42) $ (0.85) $ (1.02) $ (1.38)
Weighted Average Units Outstanding, Common Units - Basic and Diluted (in units) 17,684,563 15,199,779 16,968,736 14,997,058
Common units        
Other (income) expense        
Net income (loss) $ 3,877 $ (1,795)    
Natural gas sales        
Revenues        
Revenues 256 226 $ 366 $ 699
Oil sales        
Revenues        
Revenues 3,811 1,584 3,072 5,046
Natural gas liquid product        
Revenues        
Revenues 117 400 296 995
Gathering and transportation        
Revenues        
Revenues $ 1,702 $ 1,661 $ 3,385 $ 3,349