EQUITY METHOD INVESTMENTS (Tables)

3 Months Ended

Mar. 31, 2017

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 (in thousands).

Investment in equity method investees, March 31, 2017	$	702,751
March cash distribution	2,884
Basis difference	(140,198		)
Investment in equity method investees, net of basis difference, February 28, 2017	$	565,437

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

	Three months ended February 28, 2017					Three months ended February 29, 2016
	OGC		OCC			OGC		OCC
	(In thousands)
Total revenues	$	37,075	$	2,053		$	37,799	$	5,198
Total operating expenses	27,105		2,473			22,533		4,559
Net income (loss)	7,973		(1,215		)	15,269		456