XML 166 R29.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
QUARTERLY RESULTS OF OPERATIONS
12 Months Ended
Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]  
QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)

20.

QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)

The following summarizes certain quarterly results of operations:

 

 

 

First Quarter

 

 

Second Quarter

 

 

Third Quarter

 

 

Fourth Quarter

 

 

 

(in thousands, except per unit data)

 

Year Ended December 31, 2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

77,945

 

 

$

81,571

 

 

$

73,185

 

 

$

83,425

 

Gross loss

 

 

(8,026

)

 

 

(8,738

)

 

 

(10,016

)

 

 

(5,610

)

Net loss

 

 

(17,923

)

 

 

(17,017

)

 

 

(17,225

)

 

 

(20,534

)

General partner’s interest in net loss for the period

 

 

(187

)

 

 

(177

)

 

 

(179

)

 

 

(214

)

Limited partners’ interest in net loss for the period

 

 

(17,736

)

 

 

(16,840

)

 

 

(17,046

)

 

 

(20,320

)

Net loss per limited partner unit (basic and diluted)

 

$

(0.47

)

 

$

(0.44

)

 

$

(0.45

)

 

$

(0.54

)

Year Ended December 31, 2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

82,946

 

 

$

85,952

 

 

$

84,034

 

 

$

85,295

 

Gross profit (loss)

 

 

(1,049

)

 

 

(3,113

)

 

 

(2,348

)

 

 

(4,163

)

Net loss (1)

 

 

(8,561

)

 

 

(11,582

)

 

 

(9,576

)

 

 

(45,439

)

General partner’s interest in net income (loss) for the period

 

 

(89

)

 

 

(121

)

 

 

(99

)

 

 

(473

)

Limited partners’ interest in net loss for the period

 

 

(8,472

)

 

 

(11,461

)

 

 

(9,477

)

 

 

(44,966

)

Net loss per limited partner unit (basic and diluted)

 

$

(0.22

)

 

$

(0.30

)

 

$

(0.25

)

 

$

(1.18

)

 

(1)Net loss in the fourth quarter of 2017 includes loss on goodwill impairment of $45.6 million.

Gross profit (loss) is computed based upon total revenues less total costs and expenses per the consolidated statements of operations for each quarter.

Net income (loss) per limited partner unit is computed independently for each quarter and the full year based upon respective average units outstanding. Therefore, the sum of the quarterly per unit amounts may not equal the annual per share amounts.