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REPORT OF OPERATING BUSINESS SEGMENTS (Tables)
12 Months Ended
Dec. 31, 2019
Segment Reporting [Abstract]  
Schedule of operating business segments The following tables summarize the results of the Partnership’s operating business segments during the periods presented:
 
Year Ended December 31, 2019
 
Midstream Services
 
Real Estate Operations
 
Total
 
(In thousands)
Revenues—related party
$
409,120

 
$

 
$
409,120

Revenues—third party
24,324

 

 
24,324

Rental income—related party

 
4,771

 
4,771

Rental income—third party

 
7,890

 
7,890

Other real estate income—related party

 
379

 
379

Other real estate income—third party

 
1,189

 
1,189

Total revenues
433,444

 
14,229

 
447,673

Direct operating expenses
106,311

 

 
106,311

Cost of goods sold (exclusive of depreciation and amortization)
62,856

 

 
62,856

Real estate operating expenses

 
2,643

 
2,643

Loss on disposal of property, plant and equipment
1,524

 

 
1,524

Depreciation, amortization and accretion
34,775

 
7,561

 
42,336

Loss from equity method investments
6,329

 

 
6,329

Segment profit
221,649

 
4,025

 
225,674

General and administrative expenses
 
 
 
 
(12,663
)
Interest expense, net
 
 
 
 
(1,039
)
Net income before income taxes
221,649

 
4,025

 
211,972

Provision for income taxes
 
 
 
 
26,253

Net income
$
221,649

 
$
4,025

 
$
185,719

 
 
 
 
 
 
Segment assets
$
1,435,659

 
$
108,239

 
$
1,636,393


 
Year Ended December 31, 2018
 
Midstream Services
 
Real Estate Operations
 
Total
 
(In thousands)
Revenues—related party
$
169,396

 
$

 
$
169,396

Revenues—third party
3,292

 

 
3,292

Rental income—related party

 
2,383

 
2,383

Rental income—third party

 
8,125

 
8,125

Other real estate income—related party

 
228

 
228

Other real estate income—third party

 
1,043

 
1,043

Total revenues
172,688

 
11,779

 
184,467

Direct operating expenses
33,714

 

 
33,714

Cost of goods sold (exclusive of depreciation and amortization)
38,852

 

 
38,852

Real estate operating expenses

 
1,872

 
1,872

Loss on disposal of property, plant and equipment
2,577

 

 
2,577

Depreciation, amortization and accretion
18,088

 
7,046

 
25,134

Segment profit
79,457

 
2,861

 
82,318

General and administrative expenses

 

 
(1,999
)
Net income before income taxes
79,457

 
2,861

 
80,319

Provision for income taxes

 

 
17,359

Net income
$
79,457

 
$
2,861

 
$
62,960

 
 
 
 
 
 
Segment assets
$
456,997

 
$
104,923

 
$
604,017