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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Revenues and Other      
Total revenues and other $ 2,248,356 $ 1,804,270 $ 1,752,072
Equity income, net – affiliates [1] 85,194 78,717 71,251
Operating expenses      
Cost of product [2] 908,693 494,194 528,369
Operation and maintenance [2] 315,994 308,010 331,972
General and administrative [2] 50,668 49,248 44,428
Property and other taxes 46,818 40,161 33,327
Depreciation and amortization 290,874 272,933 272,611
Impairments 178,374 15,535 515,458
Total operating expenses 1,791,421 1,180,081 1,726,165
Gain (loss) on divestiture and other, net [3],[4] 132,388 (14,641) 57,024
Proceeds from business interruption insurance claims 29,882 16,270 0
Operating income (loss) 704,399 704,535 154,182
Interest income – affiliates [5] 16,900 16,900 16,900
Interest expense [6] (144,615) (116,628) (113,874)
Other income (expense), net 1,384 545 (578)
Income (loss) before income taxes 578,068 605,352 56,630
Income tax (benefit) expense 4,866 8,372 45,532
Net income (loss) 573,202 596,980 11,098
Net income (loss) attributable to noncontrolling interests 196,595 251,208 (154,409)
Net income (loss) attributable to Western Gas Equity Partners, LP 376,607 345,772 165,507
Limited partners' interest in net income (loss):      
Pre-acquisition net (income) loss allocated to Anadarko 0 (11,326) (79,386)
Limited partners' interest in net income (loss) [7] 376,607 334,446 86,121
Affiliates [Member]      
Revenues and Other      
Gathering, processing, transportation and disposal 656,795 750,087 772,361
Natural gas and natural gas liquids sales 692,447 478,145 447,106
Other 16,076 0 1,172
Total revenues and other [1] 1,365,318 1,228,232 1,220,639
Operating expenses      
Cost of product [1] 86,010 80,455 167,354
Operation and maintenance [8] 72,489 72,330 77,061
General and administrative [9] 39,940 38,873 34,703
Total operating expenses 198,439 191,658 279,118
Interest expense [10] (71) 7,747 (14,400)
Third Parties [Member]      
Revenues and Other      
Gathering, processing, transportation and disposal 581,154 477,762 356,477
Natural gas and natural gas liquids sales 297,486 94,168 170,843
Other 4,398 4,108 4,113
Total revenues and other 883,038 576,038 531,433
Operating expenses      
Interest expense $ (144,544) $ (124,375) $ (99,474)
Limited Partner [Member]      
Limited partners' interest in net income (loss):      
Net income (loss) per common unit - basic and diluted $ 1.72 $ 1.53 $ 0.39
Weighted-average common units outstanding - basic and diluted 218,931 218,922 218,913
[1] Represents amounts earned or incurred on and subsequent to the date of the 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.
[2] Cost of product includes product purchases from Anadarko (as defined in Note 1) of $86.0 million, $80.5 million and $167.4 million for the years ended December 31, 2017, 2016 and 2015, respectively. Operation and maintenance includes charges from Anadarko of $72.5 million, $72.3 million and $77.1 million for the years ended December 31, 2017, 2016 and 2015, respectively. General and administrative includes charges from Anadarko of $39.9 million, $38.9 million and $34.7 million for the years ended December 31, 2017, 2016 and 2015, respectively. See Note 5.
[3] Includes losses related to an incident at the DBM complex for the years ended December 31, 2017 and 2015. See Note 1.
[4] Includes losses related to an incident at the DBM complex for the years ended December 31, 2017 and 2015. See Note 1.
[5] Represents interest income recognized on the note receivable from Anadarko.
[6] Includes affiliate (as defined in Note 1) amounts of $(0.1) million, $7.7 million and $(14.4) million for the years ended December 31, 2017, 2016 and 2015, respectively. See Note 2 and Note 12.
[7] Represents net income (loss) earned on and subsequent to the date of acquisition of WES assets (as defined in Note 1). See Note 4.
[8] 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.
[9] Represents general and administrative expense incurred on and subsequent to the date of the 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 and WES omnibus agreements.
[10] Includes amounts related to the Deferred purchase price obligation - Anadarko (see Note 2 and Note 12) and for the year ended December 31, 2015, includes interest expense recognized on the WGP WCF (see Note 12).