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Oil and Natural Gas Properties Acquisitions (Tables)
12 Months Ended
Dec. 31, 2017
Business Acquisition [Line Items]  
Schedule of Fair Values of the Assets Acquired
 
Assets Acquired
 
Consideration Paid
 
 
 
Proved
 
Unproved
 
Net Working Capital
 
Total Fair Value
 
Cash
 
Fair Value of Common Units Issued
 
Acquisition-Related Costs1
 
(in thousands)
January
$
5,135

 
$
34,008

 
$
263

 
$
39,406

 
$
27,380

 
$
12,026

 
$
1,162

June
5,006

 
45,477

 

 
50,483

 
4,802

 
45,681

 
1,481

August
3,277

 
9,984

 

 
13,261

 
4,289

 
8,972

 
107

September
3,120

 

 

 
3,120

 
3,120

 

 

Total fair value
$
16,538

 
$
89,469

 
$
263

 
$
106,270

 
$
39,591

 
$
66,679

 
$
2,750

1
Acquisition-related costs were expensed and included in the general and administrative expense line item of the 2017 consolidated statement of operations.
Schedule of Pro Forma Information From Business Acquisition
The following table presents unaudited pro forma information for the Partnership as if the Noble Acquisition occurred on January 1, 2016.

 
For the Year Ended December 31,
 
2017
 
2016
 
(in thousands, except per unit amounts)
Revenue and other income
$
468,103

 
$
288,772

Net income (loss)
$
178,970

 
$
33,264

Net income (loss) attributable to noncontrolling interests
34

 
12

Distributions on Series A redeemable preferred units
(3,117
)
 
(5,763
)
Distributions on Series B cumulative convertible preferred units
(21,000
)
 
(21,000
)
Net income (loss) attributable to the general partner and common and subordinated units
$
154,887

 
$
6,513

Allocation of net income (loss):
 
 
 
General partner interest

 

Common units
99,776

 
20,696

Subordinated units
55,111

 
(14,183
)
 
$
154,887

 
$
6,513

Net income (loss) attributable to limited partners per common and subordinated unit:
 
 
 
Per common unit (basic)
$
1.02

 
$
0.22

Per subordinated unit (basic)
$
0.58

 
$
(0.15
)
Per common unit (diluted)
$
1.02

 
$
0.22

Per subordinated unit (diluted)
$
0.58

 
$
(0.15
)
Noble Acquisition  
Business Acquisition [Line Items]  
Schedule of Fair Values of the Assets Acquired
The following table summarizes the preliminary estimate and allocation of the fair value of the assets acquired and the acquisition-related costs.
 
Assets Acquired
 
Cash Consideration Paid
 
Acquisition-Related Costs1
 
Proved
 
Unproved
 
Net Working Capital
 
Total Fair Value
 
 
 
(in thousands)
Noble Assets
$
68,877

 
$
259,749

 
$
5,917

 
$
334,543

 
$
334,543

 
$
247

1
Acquisition-related costs were expensed and included in the general and administrative expense line item of the consolidated statement of operations for the year ended December 31, 2017.
East Texas  
Business Acquisition [Line Items]  
Schedule of Fair Values of the Assets Acquired
 
Assets Acquired
 
Consideration Paid
 
Unproved
 
Cash
 
Fair Value of
Common Units Issued
 
(in thousands)
Q1 2017
$
21,189

 
$
21,017

 
$
172

Q2 2017
13,329

 
13,329

 

Q3 2017
19,946

 
15,205

 
4,741

Q4 2017
2,267

 
2,137

 
130

Total acquired
$
56,731

 
$
51,688

 
$
5,043

2016 Acquisitions  
Business Acquisition [Line Items]  
Schedule of Fair Values of the Assets Acquired
The following table summarizes the fair value assigned to the properties acquired:
 
Assets Acquired
 
Cash Consideration Paid
 
Proved
 
Unproved
 
Net Working Capital
 
ARO
 
Total Fair Value
 
 
(in thousands)
June 2016
$
39,735

 
$
79,827

 
$
2,064

 
$
(50
)
 
$
121,576

 
$
121,576