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Consolidated Statements of Equity and Partners' Capital - USD ($)
$ in Thousands
Total
Western Gas Partners, LP [Member]
Chipeta [Member]
Net Investment by Anadarko [Member]
Common Units [Member]
Noncontrolling Interests [Member]
Noncontrolling Interests [Member]
Western Gas Partners, LP [Member]
Noncontrolling Interests [Member]
Chipeta [Member]
Balance at Dec. 31, 2014 $ 4,567,946     $ 556,596 $ 1,260,195 $ 2,751,155    
Net income (loss) 11,098     79,386 86,121 (154,409)    
Above-market component of swap agreements with Anadarko [1] 18,449       18,449      
WES equity transactions, net [2] 57,353       (19,687) 77,040    
Distributions to noncontrolling interest owners   $ (233,178) $ (12,187)       $ (233,178) $ (12,187)
Distributions to WGP unitholders (306,477)       (306,477)      
Acquisitions from affiliates (174,276)     (197,562) 23,286      
Contributions of equity-based compensation to WES by Anadarko 3,471       3,471      
Net pre-acquisition contributions from (distributions to) Anadarko (49,801)     (49,801)        
Net contributions from (distributions to) Anadarko of other assets (4,632) [3]       (4,632)      
Other 488     135 116 237    
Elimination of net deferred tax liabilities 41,844     41,844        
Balance at Dec. 31, 2015 3,920,098     430,598 1,060,842 2,428,658    
Net income (loss) 596,980     11,326 334,446 251,208    
Above-market component of swap agreements with Anadarko [1] 45,820       45,820      
WES equity transactions, net [2] 0       (4,180) 4,180    
Distributions to noncontrolling interest owners   (294,841) (13,784)       (294,841) (13,784)
Distributions to WGP unitholders (374,082)       (374,082)      
Acquisitions from affiliates (712,500)     (553,833) (158,667)      
Revision to Deferred purchase price obligation – Anadarko [4] 139,487       139,487      
Contributions of equity-based compensation to WES by Anadarko 4,170       4,170      
Net pre-acquisition contributions from (distributions to) Anadarko (23,491)     (23,491)        
Net contributions from (distributions to) Anadarko of other assets (581) [3]       (581)      
Other 1,153       888 265    
Elimination of net deferred tax liabilities 135,400     135,400        
WES issuance of Series A Preferred units, net of offering expenses 686,937         686,937    
Balance at Dec. 31, 2016 4,110,766     0 1,048,143 3,062,623    
Net income (loss) 573,202     0 376,607 196,595    
Above-market component of swap agreements with Anadarko [1] 58,551       58,551      
WES equity transactions, net [2] (183)       6,615 (6,798)    
Distributions to noncontrolling interest owners   $ (355,623) $ (13,569)       $ (355,623) $ (13,569)
Distributions to WGP unitholders (441,967)       (441,967)      
Acquisitions from affiliates 0     (1,263) 1,263      
Revision to Deferred purchase price obligation – Anadarko [4] 4,165       4,165      
Contributions of equity-based compensation to WES by Anadarko 4,587       4,587      
Net pre-acquisition contributions from (distributions to) Anadarko 1,263     1,263        
Net contributions from (distributions to) Anadarko of other assets 3,189 [3]       3,189      
Other 498       (28) 526    
Balance at Dec. 31, 2017 $ 3,944,879     $ 0 $ 1,061,125 $ 2,883,754    
[1] See Note 5.
[2] Includes the impact of WES’s (as defined in Note 1) equity offerings as described in Note 4. The $6.6 million, $(4.2) million and $(19.7) million increase (decrease) to partners’ capital, together with net income (loss) attributable to Western Gas Equity Partners, LP, totaled $383.2 million, $341.6 million and $145.8 million for the years ended December 31, 2017, 2016 and 2015, respectively.
[3] Includes $(1.4) million related to pipe and equipment purchases and $(1.8) million related to other assets for the year ended December 31, 2017. See Note 5.
[4] See Note 2.