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SEGMENT INFORMATION (Tables)

6 Months Ended

Jun. 30, 2018

Schedule of assets by reportable segment

Assets by reportable segment follow.

	June 30, 2018			December 31, 2017
	(In thousands)
Assets:
Utica Shale	$	212,326		$	212,311
Ohio Gathering		670,827			690,485
Williston Basin		520,799			512,860
Piceance/DJ Basins		828,999			798,722
Barnett Shale		376,969			383,306
Marcellus Shale		213,366			217,362
Total reportable segment assets		2,823,286			2,815,046
Corporate and Other		143,450			79,996
Eliminations		(1,158	)		(249	)
Total assets	$	2,965,578		$	2,894,793

Schedule of segment reporting information

Revenues by reportable segment follow.

	Three months ended June 30,						Six months ended June 30,
	2018			2017			2018			2017
	(In thousands)
Revenues (1):
Utica Shale	$	10,422		$	10,456		$	20,463		$	19,252
Williston Basin		33,416			29,114			61,840			95,999
Piceance/DJ Basins		42,992			33,763			84,579			68,571
Barnett Shale		16,155			20,904			32,325			38,646
Marcellus Shale		8,050			7,365			15,875			14,269
Total reportable segments revenue		111,035			101,602			215,082			236,737
Corporate and Other		19,422			1,362			33,598			3,148
Eliminations		(2,274	)		(1,172	)		(3,177	)		(2,288	)
Total revenues	$	128,183		$	101,792		$	245,503		$	237,597

(1) Excludes revenues earned by Ohio Gathering due to equity method accounting.

Depreciation and amortization, including the amortization expense associated with our favorable and unfavorable gas gathering contracts as reported in other revenues, by reportable segment follows.

	Three months ended June 30,				Six months ended June 30,
	2018		2017		2018		2017
	(In thousands)
Depreciation and amortization (1):
Utica Shale	$	2,033	$	1,748	$	3,886	$	3,395
Williston Basin		5,622		8,385		11,231		16,766
Piceance/DJ Basins		12,450		12,225		25,005		24,436
Barnett Shale (2)		3,759		3,762		7,516		7,524
Marcellus Shale		2,274		2,263		4,546		4,526
Total reportable segment depreciation and amortization		26,138		28,383		52,184		56,647
Corporate and Other		496		154		976		308
Total depreciation and amortization	$	26,634	$	28,537	$	53,160	$	56,955

(1) Excludes depreciation and amortization recognized by Ohio Gathering due to equity method accounting.

(2) Includes the amortization expense associated with our favorable and unfavorable gas gathering contracts as reported in other revenues.

Cash paid for capital expenditures by reportable segment follow.

	Six months ended June 30,
	2018		2017
	(In thousands)
Cash paid for capital expenditures (1):
Utica Shale	$	1,846	$	16,473
Williston Basin		10,966		11,085
Piceance/DJ Basins		24,827		11,934
Barnett Shale		349		(399	)
Marcellus Shale		545		407
Total reportable segment capital expenditures		38,533		39,500
Corporate and Other		51,861		6,412
Total cash paid for capital expenditures	$	90,394	$	45,912

(1) Excludes cash paid for capital expenditures by Ohio Gathering due to equity method accounting.

Schedule of counterparties accounting for more than 10% of total revenues

Counterparties accounting for more than 10% of total revenues were as follows:

	Three months ended June 30,						Six months ended June 30,
	2018			2017			2018			2017
Percentage of total revenues (1)(2):
Counterparty A - Piceance/DJ Basins		10	%	*				11	%	*
Counterparty B - Piceance/DJ Basins	*				10	%	*			*
Counterparty C - Barnett Shale		11	%		11	%	*			*
Counterparty D - Utica Shale	*				10	%	*			*
Counterparty E - Williston Basin	*			*			*				21	%

(1) Includes recognition of revenue that was previously deferred in connection with minimum volume commitments.

(2) Excludes revenues earned by Ohio Gathering due to equity method accounting.

* Less than 10%

Reconciliation of net income to adjusted EBITDA

Segment adjusted EBITDA by reportable segment follows.

	Three months ended June 30,				Six months ended June 30,
	2018		2017		2018		2017
	(In thousands)
Reportable segment adjusted EBITDA
Utica Shale	$	9,223	$	9,533	$	17,938	$	17,445
Ohio Gathering		8,935		9,606		19,412		18,679
Williston Basin		19,030		17,155		35,000		34,964
Piceance/DJ Basins		27,673		27,274		56,908		56,248
Barnett Shale		11,093		12,998		20,952		25,086
Marcellus Shale		6,543		5,446		13,219		11,093
Total of reportable segments' measures of profit	$	82,497	$	82,012	$	163,429	$	163,515

A reconciliation of income or loss before income taxes and income or loss from equity method investees to total of reportable segments' measures of profit or loss follows.

	Three months ended June 30,						Six months ended June 30,
	2018			2017			2018			2017
	(In thousands)
Reconciliation of (loss) income before income taxes and loss from equity method investees to total of reportable segments' measures of profit:
(Loss) income before income taxes and loss from equity method investees	$	(45,699	)	$	14,420		$	(51,101	)	$	14,945
Add:
Corporate and Other		9,002			9,435			19,625			19,528
Interest expense		14,837			17,553			29,959			34,269
Early extinguishment of debt		—			—			—			22,020
Deferred Purchase Price Obligation		69,305			(5,058	)		90,963			15,825
Depreciation and amortization		26,634			28,537			53,160			56,955
Proportional adjusted EBITDA for equity method investees		8,935			9,606			19,412			18,679
Adjustments related to MVC shortfall payments		(3,542	)		5,578			(3,542	)		(23,062	)
Adjustments related to capital reimbursement activity		115			—			155			—
Unit-based and noncash compensation		2,261			1,871			4,223			3,999
Loss (gain) on asset sales, net		62			67			(12	)		70
Long-lived asset impairment		587			3			587			287
Total of reportable segments' measures of profit	$	82,497		$	82,012		$	163,429		$	163,515

Schedule of Adjustments Related to Minimum Volume Commitments Shortfall Payments

Adjustments related to MVC shortfall payments by reportable segment follow.

	Three months ended June 30, 2018
	Williston Basin			Piceance/DJ Basins			Barnett Shale			Total
	(In thousands)
Adjustments related to MVC shortfall payments:
Net change in deferred revenue for MVC shortfall payments	$	—		$	—		$	—		$	—
Expected MVC shortfall adjustments		(3,386	)		(93	)		(63	)		(3,542	)
Total adjustments related to MVC shortfall payments	$	(3,386	)	$	(93	)	$	(63	)	$	(3,542	)

	Three months ended June 30, 2017
	Williston Basin		Piceance/DJ Basins			Barnett Shale			Total
	(In thousands)
Adjustments related to MVC shortfall payments:
Net change in deferred revenue for MVC shortfall payments	$	—	$	(1,186	)	$	—		$	(1,186	)
Expected MVC shortfall adjustments		1,982		6,522			(1,740	)		6,764
Total adjustments related to MVC shortfall payments	$	1,982	$	5,336		$	(1,740	)	$	5,578

	Six months ended June 30, 2018
	Williston Basin			Piceance/DJ Basins			Barnett Shale			Total
	(In thousands)
Adjustments related to MVC shortfall payments:
Net change in deferred revenue for MVC shortfall payments	$	—		$	—		$	—		$	—
Expected MVC shortfall adjustments		(3,386	)		(93	)		(63	)		(3,542	)
Total adjustments related to MVC shortfall payments	$	(3,386	)	$	(93	)	$	(63	)	$	(3,542	)

	Six months ended June 30, 2017
	Williston Basin			Piceance/DJ Basins			Barnett Shale			Total
	(In thousands)
Adjustments related to MVC shortfall payments:
Net change in deferred revenue for MVC shortfall payments	$	(37,693	)	$	(1,978	)	$	—		$	(39,671	)
Expected MVC shortfall adjustments		3,964			13,067			(422	)		16,609
Total adjustments related to MVC shortfall payments	$	(33,729	)	$	11,089		$	(422	)	$	(23,062	)