SEGMENT INFORMATION (Tables)

9 Months Ended

Sep. 30, 2018

Segment Reporting [Abstract]

Schedule of assets by reportable segment

Assets by reportable segment follow.

	September 30, 2018			December 31, 2017
	(In thousands)
Assets:
Utica Shale	$	209,105		$	212,311
Ohio Gathering		660,254			690,485
Williston Basin		529,370			512,860
Piceance/DJ Basins		839,166			798,722
Barnett Shale		380,161			383,306
Marcellus Shale		210,509			217,362
Total reportable segment assets		2,828,565			2,815,046
Corporate and Other		152,375			79,996
Eliminations		(2,884	)		(249	)
Total assets	$	2,978,056		$	2,894,793

Schedule of segment reporting information

Revenues by reportable segment follow.

	Three months ended September 30,						Nine months ended September 30,
	2018			2017			2018			2017
	(In thousands)
Revenues (1):
Utica Shale	$	7,974		$	9,727		$	28,437		$	28,979
Williston Basin		29,010			27,821			90,850			123,820
Piceance/DJ Basins		42,465			53,875			127,044			122,446
Barnett Shale		21,020			16,694			53,345			55,340
Marcellus Shale		7,150			8,160			23,025			22,429
Total reportable segments revenue		107,619			116,277			322,701			353,014
Corporate and Other		23,636			11,816			57,234			14,964
Eliminations		(3,776	)		(3,148	)		(6,953	)		(5,436	)
Total revenues	$	127,479		$	124,945		$	372,982		$	362,542

(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 September 30,				Nine months ended September 30,
	2018		2017		2018		2017
	(In thousands)
Depreciation and amortization (1):
Utica Shale	$	1,887	$	1,818	$	5,773	$	5,213
Williston Basin		5,672		8,405		16,903		25,171
Piceance/DJ Basins		12,512		12,199		37,517		36,635
Barnett Shale (2)		3,760		3,735		11,276		11,259
Marcellus Shale		2,273		2,268		6,819		6,794
Total reportable segment depreciation and amortization		26,104		28,425		78,288		85,072
Corporate and Other		488		352		1,464		660
Total depreciation and amortization	$	26,592	$	28,777	$	79,752	$	85,732

(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.

	Nine months ended September 30,
	2018		2017
	(In thousands)
Cash paid for capital expenditures (1):
Utica Shale	$	3,922	$	21,425
Williston Basin		18,463		13,735
Piceance/DJ Basins		44,166		17,902
Barnett Shale		914		119
Marcellus Shale		557		628
Total reportable segment capital expenditures		68,022		53,809
Corporate and Other		69,011		32,397
Total cash paid for capital expenditures	$	137,033	$	86,206

(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 September 30,						Nine months ended September 30,
	2018			2017			2018			2017
Percentage of total revenues (1)(2):
Counterparty A - Piceance/DJ Basins		11	%		17	%		11	%	*
Counterparty B - Barnett Shale		12	%	*				10	%	*
Counterparty C - Williston Basin	*			*			*				16	%

(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 September 30,				Nine months ended September 30,
	2018		2017		2018		2017
	(In thousands)
Reportable segment adjusted EBITDA
Utica Shale	$	6,521	$	8,412	$	24,459	$	25,857
Ohio Gathering		10,171		10,522		29,583		29,201
Williston Basin		19,849		16,212		54,849		51,176
Piceance/DJ Basins		29,831		30,008		86,739		86,256
Barnett Shale		10,818		10,838		31,770		35,924
Marcellus Shale		5,550		6,682		18,769		17,775
Total of reportable segments' measures of profit	$	82,740	$	82,674	$	246,169	$	246,189

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 September 30,						Nine months ended September 30,
	2018			2017			2018			2017
	(In thousands)
Reconciliation of income before income taxes     and (loss) income from equity method investees     to total of reportable segments' measures of     profit:
Income before income taxes and (loss)     income from equity method investees	$	58,589		$	93,463		$	7,488		$	108,408
Add:
Corporate and Other		9,324			9,197			28,949			28,725
Interest expense		14,862			17,614			44,821			51,883
Early extinguishment of debt		—			—			—			22,020
Deferred Purchase Price Obligation		(37,204	)		(70,499	)		53,759			(54,674	)
Depreciation and amortization		26,592			28,777			79,752			85,732
Proportional adjusted EBITDA for equity method    investees		10,171			10,522			29,583			29,201
Adjustments related to MVC shortfall payments		(2,999	)		(10,124	)		(6,541	)		(33,186	)
Adjustments related to capital reimbursement activity		(106	)		—			49			—
Unit-based and noncash compensation		1,965			1,974			6,188			5,973
Loss (gain) on asset sales, net		6			460			(6	)		530
Long-lived asset impairment		1,540			1,290			2,127			1,577
Total of reportable segments' measures of profit	$	82,740		$	82,674		$	246,169		$	246,189

Schedule of Adjustments Related to Minimum Volume Commitments Shortfall Payments

Adjustments related to MVC shortfall payments by reportable segment follow.

	Three months ended September 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		2,032		—		(5,031	)		(2,999	)
Total adjustments related to MVC shortfall payments	$	2,032	$	—	$	(5,031	)	$	(2,999	)

	Three months ended September 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	$	—	$	—		$	—	$	—
Expected MVC shortfall adjustments		1,982		(12,200	)		94		(10,124	)
Total adjustments related to MVC shortfall payments	$	1,982	$	(12,200	)	$	94	$	(10,124	)

	Nine months ended September 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		(1,354	)		(93	)		(5,094	)		(6,541	)
Total adjustments related to MVC shortfall payments	$	(1,354	)	$	(93	)	$	(5,094	)	$	(6,541	)

	Nine months ended September 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		5,946			867			(328	)		6,485
Total adjustments related to MVC shortfall payments	$	(31,747	)	$	(1,111	)	$	(328	)	$	(33,186	)