NOTE 18 — QUARTERLY RESULTS (UNAUDITED)

	Successor						Predecessor
	Fourth Quarter			Period from September 1 through September 30, 2016			Period from July 1 through August 31, 2016			Second Quarter			First Quarter
	(in thousands, except unit data)
Year ended December 31, 2016:
Revenues	$	31,753			20,435		$	64,686		$	(16,824	)	$	103,208
Net loss attributable to common shareholders and preferred member	$	(25,783	)	$	(7,531	)	$	—		$	—		$	—
Net loss attributable to common limited partners and the general partner’s interests	$	—			—		$	(48,624	)	$	(141,934	)	$	9,115
Allocation of net income (loss) attributable to common limited partners and the general partner:
Common limited partners’ interest	$	—			—		$	(47,651	)	$	(139,096	)	$	8,933
General partner’s interest		—			—			(973	)		(2,838	)		182
Allocation of net loss attributable to:
Series A Preferred member	$	(515	)	$	(151	)	$	—		$	—		$	—
Common shareholders	$	(25,268	)	$	(7,380	)	$	—		$	—		$	—
Net loss attributable to common shareholders per share/common limited partners per unit:
Basic	$	(4.66	)		(1.36	)	$	(0.46	)	$	(1.36	)	$	0.09
Diluted	$	(4.66	)		(1.36	)	$	(0.46	)	$	(1.36	)	$	0.09

(1)

For the Predecessor second quarter and for the period from July 1, 2016 through August 31, 2016, 274,000 and 247,000 phantom units were excluded from the computation of diluted earnings attributable to common limited partners per unit because the inclusion of such units would have been anti-dilutive For the Predecessor second quarter and for the period from July 1, 2016 through August 31, 2016, potential common limited partner units issuable upon (a) conversion of our Class C preferred units and (b) exercise of the common unit warrants issued with the Class C preferred units were excluded from the computation of diluted earnings attributable to common limited partners per unit, because the inclusion of such units would have been anti-dilutive. As the Class D and Class E preferred units were convertible only upon a change of control event, they are not considered dilutive securities for earnings per unit purposes.

	Fourth Quarter			Third Quarter			Second Quarter			First Quarter
	(in thousands, except unit data)
Year ended December 31, 2015:
Revenues	$	142,424		$	257,895		$	96,125		$	243,589
Net loss attributable to common limited partners and the general partner’s interests⁽²⁾	$	(293,013	)	$	(565,147	)	$	(51,044	)	$	83,919
Allocation of net income (loss) attributable to common limited partners and the general partner:
Common limited partners’ interest	$	(287,153	)	$	(553,844	)	$	(50,613	)	$	80,344
General partner’s interest		(5,860	)		(11,303	)		(431	)		3,575
Net loss attributable to common unitholders per unit:
Basic	$	(2.81	)	$	(5.73	)	$	(0.56	)	$	0.93
Diluted (1)	$	(2.81	)	$	(5.73	)	$	(0.56	)	$	0.91

(1)

For the second, third, and fourth quarters of the year ended December 31, 2015, approximately 469,000, 346,000 and 309,000 units, respectively, were excluded from the computation of diluted net income (loss) per common unit, because the inclusion of such units would have been anti-dilutive. For the second, third, and fourth quarters of the year ended December 31, 2015, potential common limited partner units issuable upon conversion of the Partnership’s Class B and Class C preferred units were excluded from the computation of diluted earnings attributable to common limited partners per unit, because the inclusion of such units would have been anti-dilutive. For the first, second, third and fourth quarters of the year ended December 31, 2015, potential common limited partner units issuable upon exercise of the common unit warrants issued with the Class C preferred units were excluded from the computation of diluted earnings attributable to common limited partners per unit, because the inclusion of such units would have been anti-dilutive.

(2)	Includes asset impairment charges of $672.2 million and $294.4 million in the third and fourth quarters of 2015, respectively.