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UNAUDITED QUARTERLY FINANCIAL DATA (Tables)
12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Quarterly summarized information on the consolidated results of operations
Summarized information on the consolidated results of operations for each of the quarters during the two-year period ended December 31, 2015, follows.
 
Quarter ended
December 31,
2015
 
Quarter ended
September 30,
2015
 
Quarter ended
June 30,
2015
 
Quarter ended
March 31,
2015
 
 
 
 
 
 
 
 
 
(In thousands, except per-unit amounts)
Total revenues (1)
$
112,414

 
$
115,201

 
$
86,855

 
$
86,087

 
 
 
 
 
 
 
 
Net (loss) income attributable to SMLP (2)(3)
$
(220,468
)
 
$
23,604

 
$
2,985

 
$
1,667

Less net (loss) income attributable to general partner, including IDRs
(2,469
)
 
2,408

 
1,891

 
1,568

Net (loss) income attributable to limited partners
$
(217,999
)
 
$
21,196

 
$
1,094

 
$
99

 
 
 
 
 
 
 
 
(Loss) earnings per limited partner unit:
 
 
 
 
 
 
 
Common unit – basic
$
(3.28
)
 
$
0.32

 
$
0.05

 
$
0.00

Common unit – diluted
$
(3.28
)
 
$
0.32

 
$
0.05

 
$
0.00

Subordinated unit – basic and diluted
$
(3.28
)
 
$
0.32

 
$
(0.03
)
 
$
0.00

__________
(1) Retrospectively adjusted for the impact of the 2016 Drop Down, the Polar and Divide Drop Down and the reclassification of certain revenues for Bison Midstream.
(2) In the quarter ended December 31, 2015, net loss attributable to SMLP includes $248.9 million of goodwill impairments and $1.6 million of long-lived asset impairments.
(3) In the quarter ended September 30, 2015, net income attributable to SMLP includes $7.7 million of long-lived asset impairments.
 
Quarter ended
December 31,
2014
 
Quarter ended
September 30,
2014
 
Quarter ended
June 30,
2014
 
Quarter ended
March 31,
2014
 
 
 
 
 
 
 
 
 
(In thousands, except per-unit amounts)
Total revenues (1)
$
114,252

 
$
94,152

 
$
93,063

 
$
85,702

 
 
 
 
 
 
 
 
Net (loss) income attributable to SMLP (2)
$
(37,686
)
 
$
6,113

 
$
4,036

 
$
3,545

Less net (loss) income attributable to general partner, including IDRs
689

 
1,204

 
801

 
431

Net (loss) income attributable to limited partners
$
(38,375
)
 
$
4,909

 
$
3,235

 
$
3,114

 
 
 
 
 
 
 
 
(Loss) earnings per limited partner unit:
 
 
 
 
 
 
 
Common unit – basic
$
(0.65
)
 
$
0.08

 
$
0.05

 
$
0.08

Common unit – diluted
$
(0.65
)
 
$
0.08

 
$
0.05

 
$
0.08

Subordinated unit – basic and diluted
$
(0.65
)
 
$
0.08

 
$
0.05

 
$
0.02

__________
(1) Retrospectively adjusted for the impact of the 2016 Drop Down, the Polar and Divide Drop Down and the reclassification of certain revenues for Bison Midstream.
(2) In the quarter ended December 31, 2014, net loss attributable to SMLP includes $54.2 million of goodwill impairment and $5.5 million of long-lived asset impairment.
Retrospective adjustments from impact of acquisitions
A reconciliation of total revenues follows.
 
 
 
Quarter ended
September 30,
2015
 
Quarter ended
June 30,
2015
 
Quarter ended
March 31,
2015
 
 
 
 
 
 
 
 
 
 
 
(In thousands)
Total revenues as originally reported
 
 
$
103,249

 
$
77,274

 
$
68,579

2016 Drop Down
 
 
8,644

 
5,911

 
4,870

Bison revenue reclass
 
 
3,308

 
3,670

 
4,056

Polar and Divide Drop Down
 
 

 

 
8,582

Total revenues
 
 
$
115,201

 
$
86,855

 
$
86,087

 
 
 
Quarter ended
September 30,
2014
 
Quarter ended
June 30,
2014
 
Quarter ended
March 31,
2014
 
 
 
 
 
 
 
 
 
 
 
(In thousands)
Total revenues as originally reported
 
 
$
79,030

 
$
80,796

 
$
76,202

2016 Drop Down
 
 
4,108

 
2,414

 
1,922

Bison revenue reclass
 
 
5,260

 
4,665

 
4,399

Polar and Divide Drop Down
 
 
5,754

 
5,188

 
3,179

Total revenues
 
 
$
94,152

 
$
93,063

 
$
85,702