ACQUISITIONS (Tables)

6 Months Ended

Jun. 30, 2014

Business Acquisition [Line Items]

Business Acquisition, Pro Forma Information

	Three months ended June 30, 2013		Six months ended June 30,
			2014		2013
	(In thousands, except for per-unit amounts)
Total Red Rock Gathering revenues included in consolidated revenues	$	12,176	$	34,589	$	23,034
Total Bison Midstream and Mountaineer Midstream revenues included in consolidated revenues	15,951				23,482
Total Red Rock Gathering net income included in consolidated net income	$	1,234	$	10,181	$	2,031
Total Bison Midstream and Mountaineer Midstream net income included in consolidated net income	54				641
Pro forma total revenues	$	74,480	$	156,998	$	145,596
Pro forma net income	9,805		9,905		18,110
Pro forma common EPU - basic and diluted	$	0.16	$	0.16	$	0.30
Pro forma subordinated EPU - basic and diluted	0.16		0.12		0.30

Bison Midstream

Business Acquisition [Line Items]

Fair Value of Assets Acquired and Liabilities Assumed

The fair values of the assets acquired and liabilities assumed as of February 15, 2013, were as follows (in thousands):

Purchase price assigned to Bison Gas Gathering system			$	303,168
Current assets	$	5,705
Property, plant, and equipment	85,477
Intangible assets	164,502
Other noncurrent assets	2,187
Total assets acquired	257,871
Current liabilities	6,112
Other noncurrent liabilities	2,790
Total liabilities assumed	$	8,902
Net identifiable assets acquired			248,969
Goodwill			$	54,199

Schedule of Revenue and Net Income Disclosures

Revenues and net income for the previously separate entities and the combined amounts for the three months ended June 30, 2013 and the six months ended June 30, 2014 and 2013, as presented in these unaudited condensed consolidated financial statements follow.

	Three months ended June 30, 2013			Six months ended June 30,
				2014		2013
	(In thousands)
SMLP revenues	$	43,743		$	145,685	$	87,338
Red Rock Gathering revenues	12,176			11,313		23,035
Bison Gas Gathering system revenues (1)	15,542			—		23,073
Combined revenues	$	71,461		$	156,998	$	133,446
SMLP net income	$	8,068		$	7,581	$	20,548
Red Rock Gathering net income	1,234			2,828		2,030
Bison Gas Gathering system net income (1)	(535		)	—		52
Combined net income	$	8,767		$	10,409	$	22,630

__________

(1) Results are fully reflected in SMLP's results of operations for the three and six months ended June 30, 2014.

Mountaineer Midstream

Business Acquisition [Line Items]

Fair Value of Assets Acquired and Liabilities Assumed

The final fair values of the assets acquired and liabilities assumed as of June 21, 2013, were as follows (in thousands):

Purchase price assigned to Mountaineer Midstream			$	210,000
Property, plant, and equipment	$	163,661
Gas gathering agreement contract intangibles	24,019
Rights-of-way	6,109
Total assets acquired	193,789
Total liabilities assumed	$	—
Net identifiable assets acquired			193,789
Goodwill			$	16,211