XML 20 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Revenues      
Midstream Services — Affiliate $ 224,401 $ 160,724 $ 87,837
Midstream Services — Third Party 14,880 0 0
Total Revenues 239,281 160,724 87,837
Costs and Expenses      
Direct Operating 54,007 29,107 16,933
Depreciation and Amortization 12,953 9,066 6,891
General and Administrative 13,396 9,914 2,771
Total Operating Expenses 80,356 48,087 26,595
Operating Income 158,925 112,637 61,242
Other (Income) Expense      
Interest Expense, Net of Amount Capitalized 1,603 3,373 4,595
Investment Income (6,334) (4,526) (4,621)
Total Other (Income) Expense (4,731) (1,153) (26)
Income Before Income Taxes 163,656 113,790 61,268
Income Tax Provision 20 28,288 23,226
Net Income 163,636 85,502 $ 38,042
Less: Net Income Attributable to Noncontrolling Interests 23,064 11,054  
Net Income Attributable to Noble Midstream Partners LP 140,572 28,458  
Less: Net Income Attributable to Incentive Distribution Rights 835 0  
Net Income Attributable to Limited Partners 139,737 28,458  
Common Units      
Other (Income) Expense      
Net Income Attributable to Limited Partners $ 75,076 $ 14,229  
Net Income Attributable to Limited Partners Per Limited Partner Unit — Basic and Diluted      
Net Income Attributable to Limited Partners Per Limited Partner Unit — Basic and Diluted (in dollars per share) $ 4.10 $ 0.89  
Weighted Average Limited Partner Units Outstanding — Basic      
Average Limited Partner Units Outstanding - Basic (in units) 18,192 15,903  
Weighted Average Limited Partner Units Outstanding — Diluted      
Average Limited Partner Units Outstanding - Diluted (in units) 18,204 15,903  
Subordinated Units      
Other (Income) Expense      
Net Income Attributable to Limited Partners $ 64,661 $ 14,229  
Net Income Attributable to Limited Partners Per Limited Partner Unit — Basic and Diluted      
Net Income Attributable to Limited Partners Per Limited Partner Unit — Basic and Diluted (in dollars per share) $ 4.10 $ 0.89  
Weighted Average Limited Partner Units Outstanding — Basic      
Average Limited Partner Units Outstanding - Basic (in units) 15,903 15,903  
Weighted Average Limited Partner Units Outstanding — Diluted      
Average Limited Partner Units Outstanding - Diluted (in units) 15,903 15,903