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Consolidated Statements of Operations (Parenthetical) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Cost of product [1] $ 145,643 $ 127,704 [2] $ 326,959 $ 414,328 [2]
Operation and maintenance [1] 74,755 88,722 [2] 226,141 242,744 [2]
General and administrative [1] 12,112 10,884 [2] 36,514 32,983 [2]
Interest expense [3] 31,301 31,773 [2] 76,869 82,339 [2]
Affiliates [Member]        
Cost of product [4] 21,254 35,656 67,979 132,613
Operation and maintenance [5] 15,052 19,394 50,688 56,065
General and administrative [6] 9,655 8,700 28,179 25,289
Interest expense [7] $ (1,173) $ 4,310 $ (12,097) $ 9,922
[1] Cost of product includes product purchases from Anadarko (as defined in Note 1) of $21.3 million and $68.0 million for the three and nine months ended September 30, 2016, respectively, and $35.7 million and $132.6 million for the three and nine months ended September 30, 2015, respectively. Operation and maintenance includes charges from Anadarko of $15.1 million and $50.7 million for the three and nine months ended September 30, 2016, respectively, and $19.4 million and $56.1 million for the three and nine months ended September 30, 2015, respectively. General and administrative includes charges from Anadarko of $9.7 million and $28.2 million for the three and nine months ended September 30, 2016, respectively, and $8.7 million and $25.3 million for the three and nine months ended September 30, 2015, respectively. See Note 5.
[2] Financial information has been recast to include the financial position and results attributable to the Springfield interest. See Note 1 and Note 2.
[3] Includes affiliate (as defined in Note 1) amounts of $1.2 million and $12.1 million for the three and nine months ended September 30, 2016, respectively, and $(4.3) million and $(9.9) million for the three and nine months ended September 30, 2015, respectively. See Note 2 and Note 9.
[4] 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.
[5] 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.
[6] 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.
[7] For the three and nine months ended September 30, 2016, includes WES’s accretion revisions to the Deferred purchase price obligation - Anadarko (see Note 2 and Note 9) and for the nine months ended September 30, 2015, includes interest expense recognized on the WGP WCF (see Note 9).