Reporting Segments (Tables)

9 Months Ended

Sep. 30, 2017

Reporting Segments

Schedule of financial information concerning the Partnership's segments

Summarized financial information concerning the Partnership’s segments for the periods indicated is shown in the following table (in thousands):

			Water
	Gathering and		Handling and		Consolidated
	Processing		Treatment		Total
Three months ended September 30, 2016
Revenues:
Revenue - Antero Resources	$	77,871		72,411		150,282
Revenue - third-party		193		—		193
Total revenues		78,064		72,411		150,475
Operating expenses:
Direct operating		4,692		28,521		33,213
General and administrative (before equity-based compensation)		5,068		1,649		6,717
Equity-based compensation		5,213		1,386		6,599
Depreciation		18,298		7,838		26,136
Accretion of contingent acquisition consideration		—		3,527		3,527
Total expenses		33,271		42,921		76,192
Operating income	$	44,793		29,490		74,283
Equity in earnings of unconsolidated affiliates	$	1,544		—		1,544
Total assets	$	1,653,292		562,995		2,216,287
Additions to property and equipment	$	55,800		58,730		114,530
Three months ended September 30, 2017
Revenues:
Revenue - Antero Resources	$	100,518		93,111		193,629
Revenue - third-party		—		—		—
Total revenues		100,518		93,111		193,629
Operating expenses:
Direct operating		10,560		52,470		63,030
General and administrative (before equity-based compensation)		4,225		2,892		7,117
Equity-based compensation		5,111		2,088		7,199
Depreciation		21,803		8,753		30,556
Accretion of contingent acquisition consideration		—		2,556		2,556
Total expenses		41,699		68,759		110,458
Operating income	$	58,819		24,352		83,171
Equity in earnings of unconsolidated affiliates	$	7,033		—		7,033
Total assets	$	2,142,409		752,982		2,895,391
Additions to property and equipment	$	99,254		48,019		147,273

			Water
	Gathering and		Handling and		Consolidated
	Processing		Treatment		Total
Nine months ended September 30, 2016
Revenues:
Revenue - Antero Resources	$	218,938		203,750		422,688
Revenue - third-party		669		-		669
Total revenues		219,607		203,750		423,357
Operating expenses:
Direct operating		19,758		105,193		124,951
General and administrative  (before equity-based compensation)		14,853		5,493		20,346
Equity-based compensation		14,902		4,464		19,366
Depreciation		52,125		21,975		74,100
Accretion of contingent acquisition consideration		-		10,384		10,384
Total expenses		101,638		147,509		249,147
Operating income	$	117,969		56,241		174,210
Equity in earnings of unconsolidated affiliates	$	2,027		-		2,027
Total assets	$	1,653,292		562,995		2,216,287
Additions to property and equipment	$	152,769		137,355		290,124
Nine months ended September 30, 2017
Revenues:
Revenue - Antero Resources	$	290,675		271,226		561,901
Revenue - third-party		264		—		264
Total revenues		290,939		271,226		562,165
Operating expenses:
Direct operating		28,596		134,296		162,892
General and administrative  (before equity-based compensation)		15,242		7,884		23,126
Equity-based compensation		14,937		5,499		20,436
Depreciation		63,773		24,831		88,604
Accretion of contingent acquisition consideration		—		9,672		9,672
Total expenses		122,548		182,182		304,730
Operating income	$	168,391		89,044		257,435
Equity in earnings of unconsolidated affiliates	$	12,887		—		12,887
Total assets	$	2,142,409		752,982		2,895,391
Additions to property and equipment	$	254,619		143,470		398,089