Asset Retirement Obligations

9 Months Ended

Sep. 30, 2017

Asset Retirement Obligation Disclosure [Abstract]

Note 7. Asset Retirement Obligations

Asset retirement obligations consist of estimated costs of dismantlement, removal, site reclamation and similar activities associated with our infrastructure assets. Changes in asset retirement obligations are as follows:



(in thousands)	Nine Months Ended September 30, 2017
Asset Retirement Obligations, Beginning Balance	$	5,415
Liabilities Incurred	1,566
Accretion Expense ⁽¹⁾	234
Asset Retirement Obligations, Ending Balance	$	7,215


⁽¹⁾	Accretion expense is included in depreciation and amortization expense in the consolidated statements of operations.

Liabilities incurred in the 2017 period were primarily related to our Billy Miner I Central Gathering Facility (CGF) in the Delaware Basin.