XML 28 R13.htm IDEA: XBRL DOCUMENT v3.20.2
Segment Information
9 Months Ended
Sep. 30, 2020
Segment Reporting [Abstract]  
Segment Information
Note 7. Segment Information
We manage our operations by the nature of the services we offer. Our reportable segments comprise the structure used to make key operating decisions and assess performance. We are organized into the following reportable segments: Gathering Systems (primarily includes crude oil gathering, natural gas gathering and processing, produced water gathering, and crude oil sales), Fresh Water Delivery, Investments in Midstream Entities and Corporate. We often refer to the services of our Gathering Systems and Fresh Water Delivery reportable segments collectively as our midstream services.
Summarized financial information concerning our reportable segments is as follows:
(in thousands)Gathering SystemsFresh Water DeliveryInvestments in Midstream Entities
Corporate (1)
Consolidated
Three Months Ended September 30, 2020
Midstream Services — Affiliate$80,534 $8,420 $— $— $88,954 
Midstream Services — Third Party20,610 1,628 — — 22,238 
Crude Oil Sales — Third Party76,173 — — — 76,173 
Total Revenues177,317 10,048 — — 187,365 
Income (Loss) Before Income Taxes59,703 9,479 (18,068)(12,212)38,902 
Additions to Long-Lived Assets9,204 — — 94 9,298 
Additions to Investments— — 43,555 — 43,555 
Three Months Ended September 30, 2019
Midstream Services — Affiliate$91,377 $20,847 $— $— $112,224 
Midstream Services — Third Party18,448 2,132 — — 20,580 
Crude Oil Sales — Third Party48,870 — — — 48,870 
Total Revenues158,695 22,979 — — 181,674 
Income (Loss) Before Income Taxes67,419 18,825 (5,621)(8,925)71,698 
Additions to Long-Lived Assets57,309 4,646 — 299 62,254 
Additions to Investments— — 86,757 — 86,757 
Nine Months Ended September 30, 2020
Midstream Services — Affiliate$254,158 $42,319 $— $— $296,477 
Midstream Services — Third Party65,520 7,613 — — 73,133 
Crude Oil Sales — Third Party187,750 — — — 187,750 
Total Revenues507,428 49,932 — — 557,360 
Goodwill Impairment109,734 — — — 109,734 
Income (Loss) Before Income Taxes
76,877 42,258 (26,207)(40,661)52,267 
Additions to Long-Lived Assets61,672 — — 351 62,023 
Additions to Investments— — 294,281 — 294,281 
Nine Months Ended September 30, 2019
Midstream Services — Affiliate$246,495 $66,801 $— $— $313,296 
Midstream Services — Third Party57,823 8,395 — — 66,218 
Crude Oil Sales — Third Party133,522 — — — 133,522 
Total Revenues437,840 75,196 — — 513,036 
Income (Loss) Before Income Taxes173,747 55,655 (5,028)(27,082)197,292 
Additions to Long-Lived Assets191,697 6,040 — 810 198,547 
Additions to Investments— — 501,344 — 501,344 
September 30, 2020
Total Assets$2,031,541 $101,525 $899,468 $10,238 $3,042,772 
December 31, 2019
Total Assets$2,160,026 $91,840 $660,778 $13,438 $2,926,082 
(1)The Corporate segment includes all general Partnership activity not attributable to our operating subsidiaries.