Unconsolidated Affiliates (Tables)

12 Months Ended

Dec. 31, 2014

Investments in Unconsolidated Affiliates

At December 31, 2014 and 2013, the Partnership had the following investments:

	Net Ownership Interest				December 31, 2014		December 31, 2013
	($ in thousands)
Utica East Ohio Midstream LLC		49.00	%	$		707,080	$	471,891
Liberty gas gathering system		33.75	%			353,243		354,316
Panhandle gas gathering system		67.50				258,349		237,656
Rome gas gathering system		33.75				197,703		181,147
Victory gas gathering system		67.50				195,243		190,353
Overfield gas gathering system		67.50				119,909		125,959
Smithfield gas gathering system		67.50				119,308		107,009
Selbyville gas gathering system		67.50				74,418		73,463
Ranch Westex JV, LLC		33.33				38,060		36,060
Pecan Hill Water Solutions, LLC		49.00				3,469		-
Other gas gathering systems		various				163,204		158,749
Total investments in unconsolidated affiliates				$		2,229,986	$	1,936,603

Summarized Balance Sheet for Unconsolidated Investments

The following tables sets forth summarized financial information of the investments in which the Partnership owned an interest in December 2014 and 2013, as follows:

	December 31, 2014		December 31, 2013
	($ in thousands)
Balance Sheet
Current assets	$	232,610	$	196,567
Property, plant, and equipment		3,837,260		3,249,371
Other assets		6,174		6,166
Total assets	$	4,076,044	$	3,452,104
Current liabilities	$	52,826	$	96,275
Other liabilities		30,796		87,886
Partner’s capital		3,992,422		3,267,943
Total liabilities and partner’s capital	$	4,076,044	$	3,452,104

Summarized Income Statement for Unconsolidated Investments

	Years Ended
	December 31, 2014		December 31, 2013		December 31, 2012
	($ in thousands)
Income Statement
Revenue	$	771,003	$	520,388	$	308,845
Operating expenses	$	236,257	$	230,974	$	97,594
Net income	$	534,770	$	289,441	$	211,361