SEGMENT INFORMATION

9 Months Ended

Sep. 30, 2020

Segment Reporting [Abstract]

SEGMENT INFORMATION

SEGMENT INFORMATION

The Partnership’s operations are reported in two operating segments: (i) midstream services and (ii) real estate operations. The following tables summarize the results of the Partnership’s operating segments during the periods presented:

	Three Months Ended September 30, 2020						Three Months Ended September 30, 2019
	Midstream Services		Real Estate Operations		Total		Midstream Services		Real Estate Operations		Total
	(In thousands)
Revenues—related party	$	85,846	$	—	$	85,846	$	104,866	$	—	$	104,866
Revenues—third party	7,229		—		7,229		6,840		—		6,840
Rental income—related party	—		2,282		2,282		—		1,399		1,399
Rental income—third party	—		867		867		—		1,894		1,894
Other real estate income—related party	—		149		149		—		111		111
Other real estate income—third party	—		166		166		—		305		305
Total revenues	93,075		3,464		96,539		111,706		3,709		115,415
Direct operating expenses	31,173		—		31,173		29,789		—		29,789
Cost of goods sold (exclusive of depreciation and amortization)	6,663		—		6,663		17,350		—		17,350
Real estate operating expenses	—		494		494		—		742		742
Depreciation, amortization and accretion	9,255		1,735		10,990		9,835		1,901		11,736
(Gain) loss on disposal of property, plant and equipment	(16)		—		(16)		—		—		—
(Income) loss from equity method investments	(3,369)		—		(3,369)		631		—		631
Segment profit	49,369		1,235		50,604		54,101		1,066		55,167
General and administrative expenses	—		—		(3,140)		—		—		(3,240)
Interest income (expense), net	—		—		(5,817)		—		—		(553)
Net income (loss) before income taxes	49,369		1,235		41,647		54,101		1,066		51,374
Provision for (benefit from) income taxes	—		—		2,851		—		—		3,294
Net income (loss)	$	49,369	$	1,235	$	38,796	$	54,101	$	1,066	$	48,080
	As of September 30, 2020						As of December 31, 2019
Segment assets	$	1,552,100	$	105,050	$	1,812,243	$	1,436,213	$	108,239	$	1,636,393

	Nine Months Ended September 30, 2020						Nine Months Ended September 30, 2019
	Midstream Services		Real Estate Operations		Total		Midstream Services		Real Estate Operations		Total
	(In thousands)
Revenues—related party	$	280,460	$	—	$	280,460	$	296,508	$	—	$	296,508
Revenues—third party	23,504		—		23,504		15,405		—		15,405
Rental income—related party	—		5,101		5,101		—		3,370		3,370
Rental income—third party	—		4,653		4,653		—		5,999		5,999
Other real estate income—related party	—		318		318		—		265		265
Other real estate income—third party	—		633		633		—		818		818
Total revenues	303,964		10,705		314,669		311,913		10,452		322,365
Direct operating expenses	101,425		—		101,425		76,381		—		76,381
Cost of goods sold (exclusive of depreciation and amortization)	27,368		—		27,368		46,252		—		46,252
Real estate operating expenses	—		1,812		1,812		—		1,963		1,963
Depreciation, amortization and accretion	30,351		5,245		35,596		26,028		5,770		31,798
(Gain) loss on disposal of property, plant and equipment	2,765		—		2,765		(4)		—		(4)
(Income) loss from equity method investments	9,910		—		9,910		695		—		695
Segment profit	132,145		3,648		135,793		162,561		2,719		165,280
General and administrative expenses	—		—		(11,829)		—		—		(7,677)
Interest income (expense), net	—		—		(10,364)		—		—		(638)
Net income (loss) before income taxes	132,145		3,648		113,600		162,561		2,719		156,965
Provision for (benefit from) income taxes	—		—		7,754		—		—		22,850
Net income (loss)	$	132,145	$	3,648	$	105,846	$	162,561	$	2,719	$	134,115
	As of September 30, 2020						As of December 31, 2019
Segment assets	$	1,552,100	$	105,050	$	1,812,243	$	1,436,213	$	108,239	$	1,636,393