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Summarized Financial Information for Antero Midstream
3 Months Ended
Mar. 31, 2017
Summarized Financial Information for Antero Midstream  
Summarized Financial Information for Antero Midstream

(6)   Summarized Financial Information for Antero Midstream

 

Summarized financial information for Antero Midstream, our investee accounted for using the equity method of accounting, is included in this note. The following tables present summarized income statement and balance sheet information for Antero Midstream (in thousands).

 

 

 

 

 

 

 

 

 

 

Summarized Antero Midstream Income Statement Information

 

 

 

 

 

 

 

 

 

 

Three months ended March 31,

 

 

 

2016

 

2017

  

 

 

(in thousands)

 

Revenues

 

$

136,073

 

 

174,769

 

Operating expenses

 

 

89,451

 

 

93,073

 

Operating income

 

$

46,622

 

 

81,696

 

Net income

 

 

42,918

 

 

75,091

 

Net income attributable to incentive distribution rights

 

 

(1,850)

 

 

(11,553)

 

Limited partners' interest in net income

 

$

41,068

 

 

63,538

 

 

 

 

 

 

 

 

 

Summarized Antero Midstream Balance Sheet Information

 

 

 

 

 

 

 

 

 

December 31, 2016

 

March 31, 2017

 

 

(in thousands)

Current assets

 

$

79,950

 

 

73,198

Non-current assets

 

 

2,269,945

 

 

2,498,495

Current liabilities

 

 

82,013

 

 

63,210

Non-current liabilities

 

 

1,045,072

 

 

1,038,810

Partners' capital

 

 

1,222,810

 

 

1,469,673