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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Revenues    
Total revenues $ 375,094us-gaap_Revenues $ 293,717us-gaap_Revenues [1]
Equity income, net 18,220us-gaap_IncomeLossFromEquityMethodInvestments [2],[3],[4] 9,251us-gaap_IncomeLossFromEquityMethodInvestments [1],[2],[3],[4]
Operating expenses    
Cost of product 137,920us-gaap_NaturalGasMidstreamCosts [5] 94,376us-gaap_NaturalGasMidstreamCosts [1],[5]
Operation and maintenance 56,149us-gaap_OperatingCostsAndExpenses [5] 44,577us-gaap_OperatingCostsAndExpenses [1],[5]
General and administrative 11,347us-gaap_GeneralAndAdministrativeExpense [5] 9,875us-gaap_GeneralAndAdministrativeExpense [1],[5]
Property and other taxes 8,523us-gaap_TaxesExcludingIncomeAndExciseTaxes 7,234us-gaap_TaxesExcludingIncomeAndExciseTaxes [1]
Depreciation, amortization and impairments 70,292us-gaap_DepreciationAndAmortization 42,085us-gaap_DepreciationAndAmortization [1]
Total operating expenses 284,231us-gaap_CostsAndExpenses 198,147us-gaap_CostsAndExpenses [1]
Operating income 109,083us-gaap_OperatingIncomeLoss 104,821us-gaap_OperatingIncomeLoss [1]
Interest income - affiliates 4,225us-gaap_InterestIncomeRelatedParty [6] 4,225us-gaap_InterestIncomeRelatedParty [1],[6]
Interest expense (22,962)us-gaap_InterestExpense [7] (13,961)us-gaap_InterestExpense [1],[7]
Other income (expense), net 80us-gaap_OtherNonoperatingIncomeExpense 496us-gaap_OtherNonoperatingIncomeExpense [1]
Income before income taxes 90,426us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 95,581us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest [1]
Income tax (benefit) expense 4,460us-gaap_IncomeTaxExpenseBenefit 1,785us-gaap_IncomeTaxExpenseBenefit [1]
Net income 85,966us-gaap_ProfitLoss 93,796us-gaap_ProfitLoss [1]
Net income attributable to noncontrolling interests 28,937us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 40,634us-gaap_NetIncomeLossAttributableToNoncontrollingInterest [1]
Net income attributable to Western Gas Equity Partners, LP 57,029us-gaap_NetIncomeLoss 53,162us-gaap_NetIncomeLoss [1]
Limited partners' interest in net income:    
Pre-acquisition net (income) loss allocated to Anadarko (1,742)wgp_PreacquisitionNetIncomeLossAllocatedToParent (2,665)wgp_PreacquisitionNetIncomeLossAllocatedToParent [1]
Limited partners' interest in net income 55,287us-gaap_NetIncomeLossAllocatedToLimitedPartners [8] 50,497us-gaap_NetIncomeLossAllocatedToLimitedPartners [1],[8]
Affiliated Entity [Member]    
Revenues    
Gathering, processing and transportation of natural gas and natural gas liquids 128,309us-gaap_GasGatheringTransportationMarketingAndProcessingRevenue
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_AffiliatedEntityMember
92,683us-gaap_GasGatheringTransportationMarketingAndProcessingRevenue
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_AffiliatedEntityMember
[1]
Natural gas, natural gas liquids and drip condensate sales 117,236us-gaap_NaturalGasMidstreamRevenue
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_AffiliatedEntityMember
121,585us-gaap_NaturalGasMidstreamRevenue
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_AffiliatedEntityMember
[1]
Other 170us-gaap_OtherSalesRevenueNet
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_AffiliatedEntityMember
728us-gaap_OtherSalesRevenueNet
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_AffiliatedEntityMember
[1]
Total revenues 245,715us-gaap_Revenues
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_AffiliatedEntityMember
[2] 214,996us-gaap_Revenues
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_AffiliatedEntityMember
[1],[2]
Operating expenses    
Cost of product 42,407us-gaap_NaturalGasMidstreamCosts
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_AffiliatedEntityMember
[2] 18,356us-gaap_NaturalGasMidstreamCosts
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_AffiliatedEntityMember
[2]
Operation and maintenance 15,376us-gaap_OperatingCostsAndExpenses
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_AffiliatedEntityMember
[9] 12,551us-gaap_OperatingCostsAndExpenses
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_AffiliatedEntityMember
[9]
General and administrative 7,766us-gaap_GeneralAndAdministrativeExpense
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_AffiliatedEntityMember
[10] 7,482us-gaap_GeneralAndAdministrativeExpense
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_AffiliatedEntityMember
[10]
Total operating expenses 65,549us-gaap_CostsAndExpenses
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_AffiliatedEntityMember
38,389us-gaap_CostsAndExpenses
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_AffiliatedEntityMember
Interest expense (1,422)us-gaap_InterestExpense
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_AffiliatedEntityMember
[11] 0us-gaap_InterestExpense
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_AffiliatedEntityMember
[11]
Third Parties [Member]    
Revenues    
Gathering, processing and transportation of natural gas and natural gas liquids 81,535us-gaap_GasGatheringTransportationMarketingAndProcessingRevenue
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= wgp_ThirdPartiesMember
61,814us-gaap_GasGatheringTransportationMarketingAndProcessingRevenue
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= wgp_ThirdPartiesMember
[1]
Natural gas, natural gas liquids and drip condensate sales 46,932us-gaap_NaturalGasMidstreamRevenue
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= wgp_ThirdPartiesMember
16,064us-gaap_NaturalGasMidstreamRevenue
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= wgp_ThirdPartiesMember
[1]
Other 912us-gaap_OtherSalesRevenueNet
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= wgp_ThirdPartiesMember
843us-gaap_OtherSalesRevenueNet
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= wgp_ThirdPartiesMember
[1]
Total revenues 129,379us-gaap_Revenues
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= wgp_ThirdPartiesMember
78,721us-gaap_Revenues
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= wgp_ThirdPartiesMember
[1]
Operating expenses    
Interest expense $ (21,540)us-gaap_InterestExpense
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= wgp_ThirdPartiesMember
$ (13,961)us-gaap_InterestExpense
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= wgp_ThirdPartiesMember
Limited Partner [Member]    
Limited partners' interest in net income:    
Net income per common unit - basic and diluted $ 0.25us-gaap_NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasicAndDiluted
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_LimitedPartnerMember
$ 0.23us-gaap_NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasicAndDiluted
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_LimitedPartnerMember
[1]
Weighted-average common units outstanding - basic and diluted 218,910us-gaap_WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_LimitedPartnerMember
218,903us-gaap_WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_LimitedPartnerMember
[1]
[1] Financial information has been recast to include the financial position and results attributable to the DBJV system. See Note 1 and Note 2.
[2] Represents amounts earned or incurred on and subsequent to the date of acquisition of WES assets, as well as amounts earned or incurred by Anadarko on a historical basis related to WES assets prior to the acquisition of such assets by WES, recognized under gathering, treating or processing agreements, and purchase and sale agreements.
[3] Income earned on, distributions from and contributions to equity investments are classified as affiliate. See Note 1.
[4] Income earned from equity investments is classified as affiliate. See Note 1.
[5] Cost of product includes product purchases from Anadarko (as defined in Note 1) of $42.4 million and $18.4 million for the three months ended March 31, 2015 and 2014, respectively. Operation and maintenance includes charges from Anadarko of $15.4 million and $12.6 million for the three months ended March 31, 2015 and 2014, respectively. General and administrative includes charges from Anadarko of $7.8 million, and $7.5 million for the three months ended March 31, 2015 and 2014, respectively. See Note 5.
[6] Represents interest income recognized on the note receivable from Anadarko.
[7] Includes affiliate (as defined in Note 1) interest expense of $1.4 million and zero for the three months ended March 31, 2015 and 2014, respectively. See Note 2 and Note 9.
[8] Represents net income earned on and subsequent to the date of acquisition of WES assets (as defined in Note 1). See Note 4.
[9] Represents expenses incurred on and subsequent to the date of the acquisition of WES assets, as well as expenses incurred by Anadarko on a historical basis related to WES assets prior to the acquisition of such assets by WES.
[10] Represents general and administrative expense incurred on and subsequent to the date of WES’s acquisition of WES assets, as well as a management services fee for reimbursement of expenses incurred by Anadarko for periods prior to the acquisition of WES assets by WES. These amounts include equity-based compensation expense allocated to WES and WGP by Anadarko (see WES LTIP and WGP LTIP and Anadarko Incentive Plans within this Note 5) and amounts charged by Anadarko under the WGP omnibus agreement.
[11] For the three months ended March 31, 2015, includes interest expense recognized on the WGP working capital facility (see Note 9) and WES’s accretion expense recognized on the Deferred purchase price obligation - Anadarko for the acquisition of DBJV (see Note 2 and Note 9).