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Major Customers and Concentration of Credit Risk
9 Months Ended
Sep. 30, 2014
Risks And Uncertainties [Abstract]  
Major Customers and Concentration of Credit Risk

6. Major Customers and Concentration of Credit Risk

Chesapeake Energy Marketing, Inc. (“CEMI”), a wholly owned subsidiary of Chesapeake, accounted for $256.5 million and $219.9 million of the Partnership’s revenues for the three-month periods ended September 30, 2014 and 2013, respectively, and $726.6 million and $633.0 million for the nine-month periods ended September 30, 2014 and 2013, respectively.

Financial instruments that potentially subject the Partnership to concentrations of credit risk consist principally of cash and cash equivalents and trade receivables. On September 30, 2014 and December 31, 2013, cash and cash equivalents were invested in a non-interest bearing account and money market funds with investment grade ratings. On September 30, 2014 and December 31, 2013, Chesapeake accounted for $155.9 million and $176.5 million of the Partnership’s accounts receivable balance.