EQUITY METHOD INVESTMENTS (Tables)

12 Months Ended

Dec. 31, 2016

Equity Method Investments And Joint Ventures [Abstract]

Equity Method Investments

A reconciliation of our 40% ownership interest in Ohio Gathering to our investment per Ohio Gathering's books and records follows.

	2016			2015
	(In thousands)
Investment in equity method investees, December 31	$	707,415		$	751,168
December cash distributions	3,172			3,472
December cash contributions	(5,318		)	—
Basis difference	(143,536		)	(156,888		)
Investment in equity method investees, net of basis difference, November 30	$	561,733		$	597,752

Summarized balance sheet information for OGC and OCC follows (amounts represent 100% of investee financial information).

	November 30, 2016				November 30, 2015
	OGC		OCC		OGC		OCC
	(In thousands)
Current assets	$	43,797	$	2,546	$	42,053	$	6,633
Noncurrent assets	1,330,199		31,195		1,333,726		127,663
Total assets	$	1,373,996	$	33,741	$	1,375,779	$	134,296
Current liabilities	$	22,067	$	3,448	$	34,996	$	6,234
Noncurrent liabilities	8,396		13,111		5,538		12,545
Total liabilities	$	30,463	$	16,559	$	40,534	$	18,779

Summarized statements of operations information for OGC and OCC follows (amounts represent 100% of investee financial information).

	Twelve months ended November 30, 2016					Twelve months ended November 30, 2015					Ten months ended November 30, 2014
	OGC		OCC			OGC		OCC			OGC			OCC
	(In thousands)
Total revenues	$	148,662	$	15,791		$	120,623	$	9,467		$	45,313		$	—
Total operating expenses	96,647		111,528			96,948		15,633			64,166			2,208
Net income (loss)	52,009		(94,230		)	23,655		(6,852		)	(18,853		)	(2,208		)