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Property and Equipment (Tables)
 3 Months Ended
Mar. 31, 2019
Property and Equipment  
Schedule of investment in property and equipment

 

 

Estimated

 

March 31,

 

(in thousands)

    

useful lives

    

2019

 

Land

 

n/a

 

$

21,496

 

Gathering systems and facilities

 

40—50 years(1)

 

 

2,359,714

 

Fresh water permanent buried pipelines and equipment

 

10—20 years

 

 

670,922

 

Wastewater treatment facility

 

30 years

 

 

304,478

 

Fresh water surface pipelines and equipment

 

1—5 years

 

 

52,223

 

Landfill

 

n/a(2)

 

 

65,066

 

Heavy trucks and equipment

 

3—5 years

 

 

4,047

 

Above ground storage tanks

 

5—10 years

 

 

4,265

 

Construction-in-progress

 

n/a

 

 

185,116

 

Total property and equipment

 

 

 

 

3,667,327

 

Less accumulated depreciation

 

 

 

 

(7,650)

 

Property and equipment, net

 

 

 

$

3,659,677

 

(1)

Gathering systems and facilities are recognized as a single-leased asset with no residual value.

(2)

Amortization of landfill costs is recorded over the life of the landfill on a units-of-consumption basis.