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UNAUDITED CONDESNED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Revenues:        
Gathering services and other fees $ 54,831 $ 47,914 $ 104,903 $ 93,888
Natural gas, NGLs and condensate sales and other 26,190 23,797 52,546 40,088
Amortization of favorable and unfavorable contracts (225) (250) (451) (530)
Total revenues 80,796 71,461 156,998 133,446
Costs and expenses:        
Cost of natural gas and NGLs 16,378 13,438 31,660 21,403
Operation and maintenance 19,859 18,371 39,040 35,950
General and administrative 8,690 8,406 16,576 14,973
Transaction costs 76 2,435 612 2,473
Depreciation and amortization 20,480 16,801 40,122 30,714
Total costs and expenses 65,483 59,451 128,010 105,513
Other (expense) income (5) 1 (4) 2
Interest expense (10,803) (3,023) (17,947) (4,903)
Income before income taxes 4,505 8,988 11,037 23,032
Income tax expense (469) (221) (628) (402)
Net income 4,036 8,767 10,409 22,630
Less: net income attributable to Summit Investments (Note 1) 0 699 2,828 2,082
Net income attributable to SMLP 4,036 8,068 7,581 20,548
Less: net income attributable to general partner, including IDRs 801 161 1,232 411
Net income attributable to limited partners 3,235 7,907 6,349 20,137
Weighted-average limited partner units outstanding        
Cash distributions declared per common unit (in dollars per unit) $ 0.5 $ 0.42 $ 0.98 $ 0.83
Common units
       
Costs and expenses:        
Net income attributable to limited partners 1,891 4,012 4,398 10,127
Earnings per limited partner unit        
Basic (in dollars per share) $ 0.05 $ 0.16 $ 0.14 $ 0.41
Diluted (in dollars per share) $ 0.05 $ 0.16 $ 0.14 $ 0.41
Weighted-average limited partner units outstanding        
Basic (shares) 34,422,273 25,172,087 32,179,431 24,790,158
Diluted (shares) 34,618,506 25,281,104 32,360,022 24,871,033
Subordinated Units
       
Costs and expenses:        
Net income attributable to limited partners $ 1,344 $ 3,895 $ 1,951 $ 10,010
Earnings per limited partner unit        
Basic (in dollars per share) $ 0.05 $ 0.16 $ 0.08 $ 0.41
Diluted (in dollars per share) $ 0.05 $ 0.16 $ 0.08 $ 0.41
Weighted-average limited partner units outstanding        
Basic (shares) 24,409,850 24,409,850 24,409,850 24,409,850
Diluted (shares) 24,409,850 24,409,850 24,409,850 24,409,850