CSI Compressco (CCLP) 10-Q 11 Aug 15 2015 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	6 Months Ended
	Jun. 30, 2015	Aug. 07, 2015	Jun. 30, 2014
Document Information [Line Items]
Entity Registrant Name	CSI Compressco LP
Entity Central Index Key	1,449,488
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Public Float			$ 71,711,465
Common Stock Shares Outstanding		33,183,294
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q2
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2015

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Revenues:
Compression and related services	$ 72,826	$ 30,043	$ 148,114	$ 57,970
Aftermarket services	4,671	0	14,121	0
Equipment and parts sales	48,968	2,065	67,119	3,948
Total revenues	126,465	32,108	229,354	61,918
Cost of revenues (excluding depreciation and amortization expense):
Cost of compression and related services	37,490	16,227	74,468	31,381
Cost of aftermarket services	4,195	0	12,367	0
Cost of equipment and parts sales	43,000	1,066	57,957	1,995
Total cost of revenues	84,685	17,293	144,792	33,376
Selling, general, and administrative expense	10,554	5,008	21,803	9,102
Depreciation and amortization	20,629	3,751	40,617	7,433
Interest expense, net	7,961	145	15,867	304
Other expense, net	1,170	498	2,409	1,037
Income before income tax provision	1,466	5,413	3,866	10,666
Provision (benefit) for income taxes	303	534	895	1,168
Net income	1,163	4,879	2,971	9,498
General partner interest in net income (loss)	379	98	719	190
Common units interest in net income (loss)	784	2,853	2,252	5,554
Subordinated units interest in net income (loss)	$ 0	$ 1,928	$ 0	$ 3,754
Net income (loss) per common unit:
Basic	$ 0.02	$ 0.31	$ 0.07	$ 0.60
Diluted	0.02	$ 0.30	0.07	$ 0.59
Weighted average common units outstanding:
Basic		9,284,500		9,280,242
Diluted		9,370,041		9,343,188
Net income (loss) per subordinated unit:
Basic and diluted	$ 0	$ 0.31	$ 0	$ 0.60
Weighted average subordinated units outstanding:
Basic and diluted	0	6,273,970	0	6,273,970

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Statement of Comprehensive Income [Abstract]
Net income	$ 1,163	$ 4,879	$ 2,971	$ 9,498
Foreign currency translation adjustment	(1,853)	77	(1,677)	(2,891)
Comprehensive income (loss)	$ (690)	$ 4,956	$ 1,294	$ 6,607

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 33,279	$ 34,066
Trade accounts receivable, net of allowances for doubtful accounts of $1,592 in 2015 and $1,496 in 2014	54,872	78,741
Inventories	113,528	113,343
Deferred tax asset	182	124
Prepaid expenses and other current assets	6,628	5,516
Total current assets	208,489	231,790
Property, plant, and equipment:
Land and building	34,947	34,312
Compressors and equipment	812,208	756,113
Vehicles	14,069	15,915
Construction in progress	241	298
Total property, plant, and equipment	861,465	806,638
Less accumulated depreciation	(155,894)	(120,642)
Net property, plant, and equipment	705,571	685,996
Other assets:
Goodwill	233,386	233,548
Deferred tax asset	1,416	1,464
Intangible assets, net of accumulated amortization of $9,697 as of June 30, 2015 and $3,826 as of December 31, 2014	58,972	62,974
Deferred financing costs and other assets	15,565	16,689
Total other assets	309,339	314,675
Total assets	1,223,399	1,232,461
Current liabilities:
Accounts payable	29,698	37,815
Unearned income	54,684	65,778
Accrued liabilities and other	31,557	29,178
Amounts payable to affiliates	7,351	6,480
Deferred tax liabilities	1,481	1,117
Total current liabilities	124,771	140,368
Other liabilities:
Long-term debt, net	578,212	539,961
Deferred tax liabilities	956	1,788
Other long-term liabilities	396	63
Total other liabilities	579,564	541,812
Partners' capital:
General partner interest	10,881	11,341
Common units (33,183,294 units issued and outstanding at June 30, 2015 and 33,142,114 units issued and outstanding at December 31, 2014)	513,196	542,276
Accumulated other comprehensive income (loss)	(5,013)	(3,336)
Total partners' capital	519,064	550,281
Total liabilities and partners' capital	$ 1,223,399	$ 1,232,461

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Current assets:
Trade accounts receivable, allowances for doubtful accounts	$ 1,592	$ 1,496
Patents, trademarks, and other intangible assets, accumulated amortization	$ 9,697	$ 3,826
Partners' capital:
Common units issued and outstanding	33,183,294	33,142,114
Subordinated units issued and outstanding	0	6,273,970

Consolidated Statements of Part

Consolidated Statements of Partners' Capital - 6 months ended Jun. 30, 2015 - USD ($) $ in Thousands	Total	General Partner [Member]	Common Unitholders [Member]	Accumulated Other Comprehensive Income [Member]
Beginning balance at Dec. 31, 2014	$ 550,281	$ 11,341	$ 542,276	$ (3,336)
Partners' capital rollforward
Net income	2,971	719	2,252	0
Distributions	(33,715)	(1,179)	(32,536)	0
Equity compensation	1,204	0	1,204	0
Other comprehensive income (loss)	(1,677)	0	0	(1,677)
Ending balance at Jun. 30, 2015	$ 519,064	$ 10,881	$ 513,196	$ (5,013)

Consolidated Statements of Par7

Consolidated Statements of Partners' Capital (Parenthetical)	Jun. 30, 2015$ / shares
Statement of Partners' Capital [Abstract]
Distributions	$ 0.9800

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Operating activities:
Net income	$ 2,971	$ 9,498
Reconciliation of net income to cash provided by operating activities:
Depreciation and amortization	40,617	7,433
Provision (benefit) for deferred income taxes	(433)	(141)
Equity compensation expense	1,204	437
Provision for doubtful accounts	98	212
Other non-cash charges and credits	1,710	153
(Gain) Loss on sale of property, plant, and equipment	(104)	266
Changes in operating assets and liabilities:
Accounts receivable	22,161	2,765
Inventories	(185)	(1,434)
Prepaid expenses and other current assets	(801)	5
Accounts payable and accrued expenses	(14,758)	2,043
Other	(278)	(281)
Net cash provided by operating activities	52,202	20,956
Investing activities:
Purchases of property, plant, and equipment, net	(57,092)	(10,882)
Advances and other investing activities	(64)	(1,405)
Net cash used in investing activities	(57,156)	(12,287)
Financing activities:
Proceeds from long-term debt, net	38,153	7,348
Distributions	(33,715)	(14,258)
Net cash used in financing activities	4,438	(6,910)
Effect of exchange rate changes on cash	(271)	(396)
Increase (decrease) in cash and cash equivalents	(787)	1,363
Cash and cash equivalents at beginning of period	34,066	9,477
Cash and cash equivalents at end of period	33,279	10,840
Supplemental cash flow information:
Interest paid	17,346	0
Income taxes paid	$ 1,748	$ 997

Basis of Presentation and Signi

Basis of Presentation and Significant Accounting Policies	6 Months Ended
	Jun. 30, 2015
Notes to Financial Statements [Abstract]
Basis of Presentation and Significant Accounting Policies	NOTE A – BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES We are a provider of compression services and equipment for natural gas and oil production, gathering, transportation, processing, and storage. We also sell standard and custom-designed compressor packages and oilfield fluid pump systems, and provide aftermarket services and compressor package parts and components manufactured by third-party suppliers. We provide these compression services and equipment to a broad base of natural gas and oil exploration and production, midstream, and transmission companies operating throughout many of the onshore producing regions of the United States as well as in a number of foreign countries, including Mexico, Canada, and Argentina. We design and fabricate a majority of our compressor packages and use these compressor packages in conjunction with other equipment and personnel from affiliated companies to provide services to our customers. Presentation Our unaudited consolidated financial statements include the accounts of our wholly owned subsidiaries. All material intercompany balances and transactions have been eliminated. In the opinion of our management, our unaudited consolidated financial statements as of June 30, 2015 , and for the three and six month periods ended June 30, 2015 and 2014 , include all normal recurring adjustments that are necessary to provide a fair statement of our results for the interim periods. Operating results for the period ended June 30, 2015 are not necessarily indicative of results that may be expected for the twelve months ended December 31, 2015 . Results of operations for the three and six month periods ended June 30, 2015 , reflect the impact of our acquisition of Compressor Systems, Inc. ("CSI"), a Delaware corporation, on August 4 2014. For further discussion of the acquisition, see Note B - Acquisition. The accompanying unaudited consolidated financial statements have been prepared in accordance with Rule 10-01 of Regulation S-X for interim financial statements required to be filed with the U.S. Securities and Exchange Commission ("SEC") and do not include all information and footnotes required by generally accepted accounting principles for complete financial statements. These financial statements should be read in connection with the financial statements for the year ended December 31, 2014 , and notes thereto included in our Annual Report on Form 10-K, which we filed with the SEC on March 19, 2015. Certain previously reported financial information has been reclassified to conform to the current year period’s presentation. The impact of such reclassifications was not significant to the prior year period’s overall presentation. These reclassifications include the final allocation of the purchase price of CSI. See Note B - Acquisitions for further discussion. Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclose contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. For further discussion of fair value measurements in connection with the allocation of the purchase price of the CSI acquisition, see Note B - Acquisition. Actual results could differ from those estimates, and such differences could be material. Cash Equivalents We consider all highly liquid cash investments with maturities of three months or less when purchased to be cash equivalents. Foreign Currencies We have designated the Canadian dollar and Argentine peso as the functional currencies for our operations in Canada and Argentina, respectively. We are exposed to fluctuations between the U.S. dollar and certain foreign currencies, including the Canadian dollar, the Mexican peso, and the Argentine peso, as a result of our international operations. Foreign currency exchange gains and (losses) are included in Other Expense and totaled $1.2 million and $1.7 million during the three and six month periods ended June 30, 2015, respectively, and $0.0 million and $(0.7) million during the three and six month periods ended June 30, 2014 , respectively. Inventories Inventories consist primarily of compressor package parts and supplies and work in progress and are stated at the lower of cost or market value. For parts and supplies, cost is determined using the weighted average cost method. The cost of work in progress is determined using the specific identification method. Significant components of inventories as of June 30, 2015 , and December 31, 2014 , are as follows: June 30, 2015 December 31, 2014 (In Thousands) Parts and supplies 43,884 43,202 Work in progress 69,644 70,141 Total inventories $ 113,528 $ 113,343 Work in progress inventories consist primarily of new compressor units located at our fabrication facility in Midland, Texas. Compression and Related Services Revenues and Costs Our compression and related services revenues include revenues from our U.S. corporate subsidiaries' operating lease agreements with customers. For the three and six month periods ended June 30, 2015 and 2014 , the following operating lease revenues and associated costs were included in compression and related service revenues and cost of compression and related services, respectively, in the accompanying consolidated statements of operations. Three Months Ended Six Months Ended 2015 2014 2015 2014 (In Thousands) Rental revenue $ 36,187 $ 2,778 $ 81,886 $ 5,610 Cost of rental revenue $ 22,664 $ 1,843 $ 44,110 $ 3,625 Earnings Per Common and Subordinated Unit The computations of earnings per common and subordinated unit are based on the weighted average number of common and subordinated units, respectively, outstanding during the applicable period. Our subordinated units met the definition of a participating security, and, therefore, we are required to use the two-class method in the computation of earnings per unit. Effective August 18, 2014, all of our 6,273,970 subordinated units were automatically converted into common units on a one-for-one basis. Basic earnings per common and subordinated unit are determined by dividing net income (loss) allocated to the common units and subordinated units, respectively, after deducting the amount allocated to our General Partner (including any distributions to our General Partner on its incentive distribution rights), by the weighted average number of outstanding common and subordinated units, respectively, during the period. When computing earnings per common and subordinated unit under the two-class method when distributions are greater than earnings, the amount of the distribution is deducted from net income and allocated to our General Partner (including incentive distribution rights, if any) for the period to which the calculation relates. The excess of distributions over earnings is allocated between the General Partner, common, and subordinated units based on how our partnership agreement allocates net losses. When earnings are greater than distributions, we determine cash distributions based on available cash and determine the actual incentive distributions allocable to our General Partner based on actual distributions. When computing earnings per common and subordinated unit, the amount of the assumed incentive distribution rights, if any, is deducted from net income and allocated to our General Partner for the period to which the calculation relates. The remaining amount of net income, after deducting the assumed incentive distribution rights, is allocated between the General Partner, common and subordinated units based on how our Partnership Agreement allocates net earnings. The following is a reconciliation of the weighted average number of common and subordinated units outstanding to the number of common and subordinated units used in the computations of net income (loss) per common and subordinated unit. Three Months Ended Six Months Ended Common Subordinated Common Subordinated Number of weighted average units outstanding 33,161,286 — 33,153,039 — Restricted units outstanding — — — — Average diluted units outstanding 33,161,286 — 33,153,039 — Three Months Ended Six Months Ended Common Subordinated Common Subordinated Number of weighted average units outstanding 9,284,500 6,273,970 9,280,242 6,273,970 Restricted units outstanding 85,541 — 62,946 — Average diluted units outstanding 9,370,041 6,273,970 9,343,188 6,273,970 For the three and six month periods ended June 30, 2015 , the average diluted units outstanding excludes the impact of all of the outstanding restricted unit awards, as the inclusion of these units would have been antidilutive. Accumulated Other Comprehensive Income Certain of our international operations maintain their accounting records in the local currencies that are their functional currencies. For these operations, the functional currency financial statements are converted to United States dollar equivalents, with the effect of the foreign currency translation adjustment reflected as a component of accumulated other comprehensive income. Accumulated other comprehensive income is included in partners’ capital in the accompanying consolidated balance sheets and consists of the cumulative currency translation adjustments associated with such international operations. Activity within accumulated other comprehensive income during the three and six month periods ended June 30, 2015 and 2014 , is as follows: Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 (In Thousands) Balance, beginning of period $ (3,160 ) $ (2,555 ) $ (3,336 ) $ 413 Foreign currency translation adjustment (1,853 ) 77 (1,677 ) (2,891 ) Balance, end of period $ (5,013 ) $ (2,478 ) $ (5,013 ) $ (2,478 ) Activity within accumulated other comprehensive income includes no reclassifications to net income. Allocation of Net Income (Loss) Our net income (loss) is allocated to partners’ capital accounts in accordance with the provisions of our partnership agreement. Distributions On January 20, 2015 , the board of directors of our General Partner declared a cash distribution attributable to the quarter ended December 31, 2014 of $0.485 per unit. This distribution equates to a distribution of $1.94 per outstanding unit on an annualized basis. This cash distribution was paid on February 13, 2015 , to all unitholders of record as of the close of business on January 31, 2015 . On April 21, 2015 , the board of directors of our General Partner declared a cash distribution attributable to the quarter ended March 31, 2015 of $0.495 per unit. This distribution equates to a distribution of $1.98 per outstanding unit on an annualized basis. This cash distribution was paid on May 15, 2015 to all unitholders of record as of the close of business on May 1, 2015 . On July 20, 2015 , the board of directors of our General Partner declared a cash distribution attributable to the quarter June 30, 2015 of $0.500 per unit. This distribution equates to a distribution of $2.00 per outstanding unit on an annualized basis. This cash distribution is to be paid on August 14, 2015 to all unitholders of record as of the close of business on July 31, 2015 . Fair Value Measurements Fair value is defined as “the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date” within an entity’s principal market, if any. The principal market is the market in which the reporting entity would sell the asset or transfer the liability with the greatest volume and level of activity, regardless of whether it is the market in which the entity will ultimately transact for a particular asset or liability or if a different market is potentially more advantageous. Accordingly, this exit price concept may result in a fair value that may differ from the transaction price or market price of the asset or liability. Under generally accepted accounting principles, the fair value hierarchy prioritizes inputs to valuation techniques used to measure fair value. Fair value measurements should maximize the use of observable inputs and minimize the use of unobservable inputs, to the extent possible. Observable inputs are developed based on market data obtained from sources independent of the reporting entity. Unobservable inputs may be needed to measure fair value in situations where there is little or no market activity for the asset or liability at the measurement date and are developed based on the best information available in the circumstances, which could include the reporting entity’s own judgments about the assumptions market participants would utilize in pricing the asset or liability. We utilize fair value measurements to account for certain items and account balances within our consolidated financial statements. Fair value measurements are utilized in the allocation of purchase consideration for acquisition transactions to the assets and liabilities acquired, including intangible assets and goodwill (a level 3 fair value measurement). Fair value measurements may also be utilized on a nonrecurring basis, such as for the impairment of long-lived assets, including goodwill (a level 3 fair value measurement). The fair value of our financial instruments, which may include cash, accounts receivable, short-term borrowings, and variable-rate long-term debt pursuant to our bank credit agreement, approximate their carrying amounts. The fair values of our long-term 7.25% Senior Notes at June 30, 2015 and December 31, 2014, were approximately $ 336.9 million (a level 2 fair value measurement) and $ 354.9 million , respectively, compared to an aggregate principal amount of $ 350.0 million , as current rates on those dates were different from the stated interest rates on the 7.25% Senior Notes. We calculate the fair value of our 7.25% Senior Notes as of December 31, 2014 internally, using current market conditions and average cost of debt (a level 2 fair value measurement). We also utilize fair value measurements on a recurring basis in the accounting for our foreign currency forward purchase and sale derivative contracts. For these fair value measurements, we utilize the quoted value as determined by our counterparty financial institution (a level 2 fair value measurement). A summary of these fair value measurements as of June 30, 2015 is as follows: Fair Value Measurements Using Description Total as of Quoted Prices Significant Significant (In Thousands) Asset for foreign currency derivative contracts $ 44 $ — $ 44 $ — $ 44 New Accounting Pronouncements In May 2014, the Financial Accounting Standards Board ("FASB") issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606). ASU 2014-09 supersedes the revenue recognition requirements in the Accounting Standards Codification ("ASC") Topic 605, Revenue Recognition, and most industry-specific guidance. The core principle of the ASU is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. This ASU is effective for our first quarter in fiscal 2017, pending a one year deferral currently under consideration by the FASB, under either full or modified retrospective adoption. Early application is not permitted. We are currently assessing the potential effects of these changes to our consolidated financial statements. On July 9, 2015, the FASB voted to approve a one year deferral of the ASU which would make it effective for annual periods beginning after December 15, 2017, and interim periods within those years. In August 2014, the FASB issued ASU No. 2014-15, “Presentation of Financial Statements - Going Concern” (Topic 250). The ASU provides guidance on management's responsibility to evaluate whether there is substantial doubt about an entity's ability to continue as a going concern and in certain circumstances to provide related footnote disclosures. The ASU is effective for the annual period ending after December 15, 2016, and for annual and interim periods thereafter. Early adoption is permitted. We do not expect the adoption of this standard to have a material impact on our consolidated financial statements. In January 2015, the FASB issued ASU No. 2015-01, “Income Statements - Extraordinary and Unusual Items” (Sub-Topic 225-20), which eliminates from U.S. GAAP the concept of extraordinary items. The ASU eliminates the separate presentation of extraordinary items on the income statement, net of tax and the related earnings per share, but does not affect the requirement to disclose material items that are unusual in nature or occurring infrequently. The ASU is effective for the annual period beginning after December 15, 2015 and interim periods within those annual periods, with early adoption permitted, and may be applied prospectively or retrospectively. We do not expect the adoption of this standard to have a material impact on our consolidated financial statements. In April 2015, the FASB issued ASU No. 2015-03, “Interest - Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs”. The ASU requires entities that have historically presented debt issuance costs as an asset to present those costs as a direct deduction from the carrying amount of the related debt liability. This presentation will result in the debt issuance costs being presented the same way debt discounts have historically been handled. The ASU does not change the recognition, measurement, or subsequent measurement guidance for debt issuance costs. The ASU is effective for the annual period beginning after December 15, 2015 and interim periods within those annual periods and is to be applied retrospectively. Early adoption is permitted. We plan to adopt this change retrospectively, and do not expect the adoption of this standard to have a material impact on our consolidated financial statements.

Acquisitions and Dispositions A

Acquisitions and Dispositions Acquisitions and Dispositions	6 Months Ended
	Jun. 30, 2015
Business Combinations [Abstract]
Acquisitions and Dispositions	NOTE B – ACQUISITION Acquisition of Compressor Systems, Inc. On August 4, 2014 , pursuant to a stock purchase agreement dated July 20, 2014 , one of our subsidiaries acquired all of the outstanding capital stock of CSI for $ 825.0 million cash (the "CSI Acquisition"). Prior to the acquisition, CSI owned one of the largest fleets of natural gas compressor packages in the United States. Headquartered in Midland, Texas, CSI fabricates, sells, and maintains natural gas compressors and provides a full range of compression products and services that covers compression needs throughout the entire natural gas production and transportation cycle to natural gas and oil producing clients. CSI derives revenues through three primary business lines: compression and related services, equipment and parts sales, and aftermarket services. Strategically, the acquisition affords us the opportunity to capture significant synergies associated with our product and service offerings and our fabrication operations, further penetrate new and existing markets, and to achieve administrative efficiencies and other strategic benefits. Our allocation of the purchase price to the estimated fair value of the CSI net assets is as follows (in thousands): Current assets $ 101,411 Property and equipment 571,706 Intangible assets 68,000 Goodwill 161,387 Total assets acquired 902,504 Current liabilities 77,504 Total liabilities assumed 77,504 Net assets acquired $ 825,000 The allocation of purchase price includes approximately $161.4 million allocated to deductible goodwill recorded, and is supported by the strategic benefits discussed above that are expected to be generated from the acquisition. Adjustments to the allocation of purchase price affecting inventory, property, plant, and equipment, intangible assets, and other current assets and liabilities have been reflected in the accompanying consolidated balance sheets as of June 30, 2015 and December 31, 2014. The adjustment to the previously presented goodwill balance as of December 31, 2014 was $ 0.1 million . These adjustments to the allocation of purchase price for long-lived assets did not have a material impact on the depreciation and amortization of these assets. The acquired property, plant, and equipment is stated at fair value, and depreciation on the acquired property, plant, and equipment is computed using the straight-line method over the estimated useful lives of each asset. Buildings are depreciated using useful lives of 15 to 30 years. Machinery and equipment is depreciated using useful lives of 2 to 16 years. Automobiles and trucks are depreciated using useful lives of 3 to 4 years. The acquired intangible assets represents approximately $33.7 million for trademarks/trade names, approximately $21.4 million for customer relationships, and approximately $12.9 million for other intangible assets that are stated at estimated fair value and are amortized on a straight-line basis over their estimated useful lives, which range from 2 to 15 years. These intangible assets are recorded net of approximately $9.7 million of accumulated amortization as of June 30, 2015 . For the three month period ended June 30, 2015 , our revenues, depreciation and amortization, and pretax earnings, excluding $ 8.0 million of allocated interest and administrative expense, included $96.3 million , $16.5 million , and $6.7 million , respectively, associated with the CSI Acquisition. For the six month period ended June 30, 2015 , our revenues, depreciation and amortization, and pretax earnings, excluding $15.8 million of allocated interest and administrative expense, included $167.5 million , $32.4 million , and $13.6 million , respectively, associated with the CSI Acquisition. Approximately $16.6 million of deferred financing costs were incurred in connection with the acquisition and included in Other Assets as of the acquisition date, and will be amortized over the term of the related debt. An additional $ 6.7 million of interim financing costs related to the acquisition were incurred and reflected in other expense during the year ended December 31, 2014. Pro Forma Financial Information The pro forma information presented below has been prepared to give effect to the CSI Acquisition as if it had occurred at the beginning of the period presented and includes the impact of the allocation of the purchase price for the CSI Acquisition on revenues, depreciation and amortization, and net income. The pro forma information is presented for illustrative purposes only and is based on estimates and assumptions we deemed appropriate. The pro forma information is not necessarily indicative of the historical results that would have been achieved if the acquisition had occurred in the past, and our operating results may have been different from those reflected in the pro forma information below. Therefore, the pro forma information should not be relied upon as an indication of the operating results that we would have achieved if the transaction had occurred at the beginning of the period presented or the future results that we will achieve after the transaction. Three Months Ended Six Months Ended 2014 2014 (In Thousands, Except Per Unit Amounts) Revenues $ 109,426 $ 232,267 Depreciation and amortization 18,636 37,002 Net income 1,939 5,835 Per share information: Net income per common unit: Basic $ 0.06 $ 0.17 Diluted $ 0.06 $ 0.17 Net income per subordinated unit: Basic and diluted $ 0.06 $ 0.17

Long-Term Debt and Other Borrow

Long-Term Debt and Other Borrowings	6 Months Ended
	Jun. 30, 2015
Notes to Financial Statements [Abstract]
Long-Term Debt and Other Borrowings	NOTE C – LONG-TERM DEBT AND OTHER BORROWINGS Long-term debt consists of the following: June 30, 2015 December 31, 2014 Scheduled Maturity (In Thousands) Credit Agreement August 4, 2019 $ 233,000 $ 195,000 7.25% Senior Notes (presented net of the unamortized discount of $4.8 million as of June 30, 2015 and $5.0 million as of December 31, 2014) August 15, 2022 345,212 344,961 578,212 539,961 Less current portion — — Total long-term debt $ 578,212 $ 539,961 We are in compliance with all covenants and conditions of our debt agreements as of June 30, 2015 .

Market Risks and Derivative Con

Market Risks and Derivative Contracts	6 Months Ended
	Jun. 30, 2015
Notes to Financial Statements [Abstract]
Market Risks and Derivative Contracts	NOTE D – MARKET RISKS AND DERIVATIVE CONTRACTS We are exposed to financial and market risks that affect our business. We have currency exchange rate risk exposure related to transactions denominated in a foreign currency as well as to investments in certain of our international operations. As a result of our variable rate bank credit facility, we face market risk exposure related to changes in applicable interest rates. We have concentrations of credit risk as a result of trade receivables owed to us by companies in the energy industry. Our financial risk management activities may at times involve, among other measures, the use of derivative financial instruments, such as swap and collar agreements, to hedge the impact of market price risk exposures. We formally document our risk management objectives and our strategies for undertaking various derivative transactions. Foreign Currency Derivative Contracts As of June 30, 2015 , we had the following foreign currency derivative contracts outstanding relating to a portion of our foreign operations: Derivative Contracts US Dollar Notional Amount Traded Exchange Rate Settlement Date (In Thousands) Forward sale Canadian dollar $ 780 1.25 7/17/2015 Forward sale Mexican peso $ 2,066 15.71 7/17/2015 Under a program designed to mitigate the currency exchange rate risk exposure on selected transactions of certain foreign subsidiaries, we may enter into similar derivative contracts from time to time. Although contracts pursuant to this program will serve as an economic hedge of the cash flow of our currency exchange risk exposure, they will not be formally designated as hedge contracts or qualify for hedge accounting treatment. Accordingly, any change in the fair value of these derivative instruments during a period will be included in the determination of earnings for that period. The fair values of our foreign currency derivative instruments are based on quoted market values as reported to us by our counterparty (a level 2 fair value measurement). The fair values of our foreign currency derivative instruments as of June 30, 2015 and December 31, 2014, are as follows: Foreign currency derivative instruments Balance Sheet Fair Value at Location June 30, 2015 December 31, 2014 (In Thousands) Forward sale contracts Current assets $ 44 $ — Net asset $ 44 $ — None of the foreign currency derivative contracts contains credit risk related contingent features that would require us to post assets or collateral for contracts that are classified as liabilities. During the three and six month periods ended June 30, 2015 , we recognized approximately $ 0.0 million and $0.2 million , respectively, of net gains associated with our foreign currency derivative program, and such amount is included in other expense, net, in the accompanying consolidated statement of operations.

Related Party Transactions

Related Party Transactions	6 Months Ended
	Jun. 30, 2015
Notes to Financial Statements [Abstract]
Related Party Transactions	NOTE E – RELATED PARTY TRANSACTIONS Set forth below is a description of one of the agreements we entered into with related parties. Omnibus Agreement On June 20, 2014, CSI Compressco LP (the "Partnership"), CSI Compressco GP Inc. (the "General Partner") and TETRA Technologies, Inc. ("TETRA") entered into a First Amendment to Omnibus Agreement (the "First Amendment"). The First Amendment amended the Omnibus Agreement previously entered into on June 20, 2011 (as amended, the "Omnibus Agreement") to extend the term thereof. The Omnibus Agreement will terminate on the earlier of (i) a change of control of the General Partner or TETRA, or (ii) upon any party providing at least 180 days' prior written notice of termination. Under the terms of the Omnibus Agreement, our General Partner provides all personnel and services reasonably necessary to manage our operations and conduct our business (other than in Mexico, Canada, and Argentina), and certain of TETRA’s Latin American-based subsidiaries provide personnel and services necessary for the conduct of certain of our Latin American-based businesses. In addition, under the Omnibus Agreement, TETRA provides certain corporate and general and administrative services as requested by our General Partner, including, without limitation, legal, accounting and financial reporting, treasury, insurance administration, claims processing and risk management, health, safety and environmental, information technology, human resources, credit, payroll, internal audit, and tax services. Pursuant to the Omnibus Agreement, we reimburse our General Partner and TETRA for services they provide to us. Under the terms of the Omnibus Agreement, we or TETRA may, but neither of us are under any obligation to, perform for the other such production enhancement or other oilfield services on a subcontract basis as are needed or desired by the other, for such periods of time and in such amounts as may be mutually agreed upon by TETRA and our General Partner. Any such services are required to be performed on terms that are (i) approved by the conflicts committee of our General Partner’s board of directors, (ii) no less favorable to us than those generally being provided to or available from non-affiliated third parties, as determined by our General Partner, or (iii) fair and reasonable to us, taking into account the totality of the relationships between TETRA and us (including other transactions that may be particularly favorable or advantageous to us), as determined by our General Partner. Under the terms of the Omnibus Agreement, we or TETRA may, but neither of us are under any obligation to, sell, lease or exchange on a like-kind basis to the other such production enhancement or other oilfield services equipment as is needed or desired to meet either of our production enhancement or other oilfield services obligations, in such amounts, upon such conditions and for such periods of time, if applicable, as may be mutually agreed upon by TETRA and our General Partner. Any such sales, leases, or like-kind exchanges are required to be on terms that are (i) approved by the conflicts committee of our General Partner’s board of directors, (ii) no less favorable to us than those generally being provided to or available from non-affiliated third parties, as determined by our General Partner, or (iii) fair and reasonable to us, taking into account the totality of the relationships between TETRA and us (including other transactions that may be particularly favorable or advantageous to us), as determined by our General Partner. In addition, unless otherwise approved by the conflicts committee of our General Partner’s board of directors, TETRA may purchase newly fabricated equipment from us at a negotiated price, provided that such price may not be less than the sum of the total costs (other than any allocations of general and administrative expenses) incurred by us in fabricating such equipment plus a fixed margin percentage thereof, and TETRA may purchase from us previously fabricated equipment for a price that is not less than the sum of the net book value of such equipment plus a fixed margin percentage thereof. This description is not a complete discussion of this agreement and is qualified in its entirety by reference to the full text of the complete agreement, which is filed, along with other agreements, as exhibits to our filings with the SEC. TETRA and General Partner Ownership To finance a portion of the $ 825.0 million CSI Acquisition purchase price, we issued and sold 15,280,000 additional common units for net proceeds of $ 346.0 million (the "Common Unit Offering"). TETRA, through a subsidiary of our General Partner, purchased 1,390,290 of these common units for approximately $ 32.7 million . In addition, in connection with our Common Unit Offering, our General Partner made a $ 7.3 million capital contribution to us in order to maintain its approximate 2% general partnership interest in us. Following the August 11, 2014 , exercise by the underwriters in the Common Unit Offering of their option to purchase 2,292,000 additional common units, our General Partner made an additional $ 1.1 million capital contribution in order to maintain its approximate 2% general partnership interest in us. Prior to the Common Unit Offering and other transactions described above, TETRA's ownership in us was approximately 82% through its aggregate ownership of common units, subordinated units, and indirect general partner interest. Common units held by the public represented an approximately 18% ownership in us prior to the above transactions. However, following the CSI Acquisition, the completion of our Common Unit Offering, and the underwriters' exercise of their option to purchase additional common units, TETRA's ownership interest in us was reduced to approximately 44% , with the common units held by the public representing an approximate 56% interest in us. TETRA's ownership is through various wholly owned subsidiaries and consists of approximately 42% of the limited partner interests plus the approximately 2% general partner interest, through which it holds incentive distribution rights.

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2015
Notes to Financial Statements [Abstract]
Income Taxes	NOTE F – INCOME TAXES As a partnership, we are generally not subject to income taxes at the entity level because our income is included in the tax returns of our partners. Our operations are treated as a partnership for federal tax purposes with each partner being separately taxed on its share of taxable income. However, a portion of our business is conducted through taxable U.S. corporate subsidiaries. Accordingly, a U.S. federal and state income tax provision has been reflected in the accompanying statements of operations. We have a tax sharing agreement with TETRA with respect to the Texas franchise tax liability. The resulting state tax expense is included in the provision for income taxes. Certain of our operations are located outside of the U.S., and the Partnership, through its foreign subsidiaries, is responsible for income taxes in these countries. In connection with the CSI Acquisition, we and the seller of CSI made a joint Section 338(h) (10) election under the U.S. Internal Revenue Code to treat the purchase of CSI as an asset acquisition for U.S. federal income tax purposes. Accordingly, no U.S. federal deferred tax assets or liabilities were recorded as part of the acquisition.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2015
Notes to Financial Statements [Abstract]
Commitments and Contingencies	NOTE G – COMMITMENTS AND CONTINGENCIES From time to time, we are involved in litigation relating to claims arising out of our operations in the normal course of business. While the outcome of any lawsuits or other proceedings against us cannot be predicted with certainty, management does not consider it reasonably possible that a loss resulting from such lawsuits or proceedings in excess of any amounts accrued has been incurred that is expected to have a material adverse effect on our financial condition, results of operations, or cash flows.

Segments (Notes)

Segments (Notes)	6 Months Ended
	Jun. 30, 2015
Segments [Abstract]
Segments	NOTE H – SEGMENTS ASC 280-10-50, “Operating Segments”, defines the characteristics of an operating segment as (i) being engaged in business activity from which it may earn revenues and incur expenses, (ii) being reviewed by the company's chief operating decision maker ("CODM") to make decisions about resources to be allocated and to assess its performance, and (iii) having discrete financial information. Although management of our General Partner reviews our products and services to analyze the nature of our revenue, other financial information, such as certain costs and expenses, net income, and EBITDA, are not captured or analyzed by these items. Therefore discrete financial information is not available by product line and our CODM does not make resource allocation decisions or assess the performance of the business based on these items, but rather in the aggregate. Based on this, our General Partner believes that we operate in one business segment.

Supplemental Guarantor Financia

Supplemental Guarantor Financial Information Supplemental Guarantor Financial Information	6 Months Ended
	Jun. 30, 2015
Supplemental Guarantor Financial Information [Abstract]
Supplemental Guarantor Financial Information	NOTE I — SUPPLEMENTAL GUARANTOR FINANCIAL INFORMATION The $350 million in aggregate principal amount of 7.25% Senior Notes (the "7.25% Senior Notes") are fully and unconditionally guaranteed, subject to certain customary release provisions, on a joint and several senior unsecured basis, by the following domestic restricted subsidiaries (each a "Guarantor Subsidiary" and collectively the "Guarantor Subsidiaries"): Compressor Systems, Inc. CSI Compressco Field Services International LLC CSI Compressco Holdings LLC CSI Compressco International LLC CSI Compressco Leasing LLC CSI Compressco Operating LLC CSI Compressco Sub, Inc. CSI Compression Holdings, LLC Pump Systems International, Inc. Rotary Compressor Systems, Inc. As a result of these guarantees, we are presenting the following condensed consolidating financial information pursuant to Rule 3-10 of Regulation S-X. These schedules are presented using the equity method of accounting for all periods presented. Under this method, investments in subsidiaries are recorded at cost and adjusted for our share in the subsidiaries’ cumulative results of operations, capital contributions and distributions and other changes in equity. Elimination entries relate primarily to the elimination of investments in subsidiaries and associated intercompany balances and transactions. The Other Subsidiaries column includes financial information for those subsidiaries that do not guarantee the 7.25% Senior Notes. Financial information of the Issuers includes CSI Compressco Finance Inc., which had no assets or operations for any of the periods presented. Condensed Consolidating Balance Sheet June 30, 2015 (In Thousands) Issuers Guarantor Other Eliminations Consolidation ASSETS Current assets $ 254 $ 180,639 $ 27,596 $ — $ 208,489 Property, plant, and equipment, net — 681,936 23,635 — 705,571 Investments in subsidiaries 544,784 16,510 — (561,294 ) — Intangible and other assets, net 9,014 298,568 1,757 — 309,339 Intercompany receivables 321,968 — — (321,968 ) — Total non-current assets 875,766 997,014 25,392 (883,262 ) 1,014,910 Total assets $ 876,020 $ 1,177,653 $ 52,988 $ (883,262 ) $ 1,223,399 LIABILITIES AND PARTNERS' CAPITAL Current liabilities $ 11,699 $ 100,690 $ 5,031 $ — $ 117,420 Amounts payable to affiliates 45 2,954 4,352 — 7,351 Long-term debt 345,212 233,000 — — 578,212 Intercompany payables — 295,800 26,168 (321,968 ) — Other long-term liabilities — 425 927 — 1,352 Total liabilities 356,956 632,869 36,478 (321,968 ) 704,335 Total partners' capital 519,064 544,784 16,510 (561,294 ) 519,064 Total liabilities and partners' capital $ 876,020 $ 1,177,653 $ 52,988 $ (883,262 ) $ 1,223,399 Condensed Consolidating Balance Sheet December 31, 2014 (In Thousands) Issuers Guarantor Other Eliminations Consolidation ASSETS Current assets $ 28 $ 197,485 $ 34,277 $ — $ 231,790 Property, plant, and equipment, net — 669,145 16,851 — 685,996 Investments in subsidiaries 562,290 17,303 — (579,593 ) — Intangible and other assets, net 9,650 303,252 1,773 — 314,675 Intercompany receivables 335,151 — — (335,151 ) — Total non-current assets 907,091 989,700 18,624 (914,744 ) 1,000,671 Total assets $ 907,119 $ 1,187,185 $ 52,901 $ (914,744 ) $ 1,232,461 LIABILITIES AND PARTNERS' CAPITAL Current liabilities $ 11,634 $ 116,577 $ 5,677 $ — $ 133,888 Amounts payable to affiliates 44 987 5,449 — 6,480 Long-term debt 344,961 195,000 — — 539,961 Intercompany payables — 311,389 23,762 (335,151 ) — Other long-term liabilities 199 942 710 — 1,851 Total liabilities 356,838 624,895 35,598 (335,151 ) 682,180 Total partners' capital 550,281 562,290 17,303 (579,593 ) 550,281 Total liabilities and partners' capital $ 907,119 $ 1,187,185 $ 52,901 $ (914,744 ) $ 1,232,461 Condensed Consolidating Statement of Operations and Comprehensive Income Three Months Ended June 30, 2015 (In Thousands) Issuers Guarantor Other Eliminations Consolidation Revenues $ — $ 117,667 $ 11,729 $ (2,931 ) $ 126,465 Cost of revenues (excluding depreciation and amortization expense) — 78,678 8,938 (2,931 ) 84,685 Selling, general and administrative expense 877 9,212 465 — 10,554 Depreciation and amortization — 19,841 788 — 20,629 Interest expense, net 6,472 1,489 — — 7,961 Other expense, net 318 442 410 — 1,170 Equity in net income of subsidiaries (8,830 ) (821 ) — 9,651 — Income before income tax provision 1,163 8,826 1,128 (9,651 ) 1,466 Provision (benefit) for income taxes — (4 ) 307 — 303 Net income 1,163 8,830 821 (9,651 ) 1,163 Other comprehensive income (loss) (1,853 ) (1,853 ) (1,853 ) 3,706 (1,853 ) Comprehensive income (loss) $ (690 ) $ 6,977 $ (1,032 ) $ (5,945 ) $ (690 ) Condensed Consolidating Statement of Operations and Comprehensive Income Three Months Ended June 30, 2014 (In Thousands) Issuers Guarantor Other Eliminations Consolidation Revenues $ — $ 23,671 $ 11,096 $ (2,659 ) $ 32,108 Cost of revenues (excluding depreciation and amortization expense) — 10,670 9,282 (2,659 ) 17,293 Selling, general and administrative expense 235 4,012 761 — 5,008 Depreciation and amortization — 3,448 303 — 3,751 Interest expense, net — 148 (3 ) — 145 Other expense, net — 422 76 — 498 Equity in net income of subsidiaries (5,114 ) (1,037 ) — 6,151 — Income before income tax provision 4,879 6,008 677 (6,151 ) 5,413 Provision (benefit) for income taxes — 894 (360 ) — 534 Net income 4,879 5,114 1,037 (6,151 ) 4,879 Other comprehensive income (loss) 77 77 77 (154 ) 77 Comprehensive income $ 4,956 $ 5,191 $ 1,114 $ (6,305 ) $ 4,956 Condensed Consolidating Statement of Operations and Comprehensive Income Six Months Ended June 30, 2015 (In Thousands) Issuers Guarantor Other Eliminations Consolidation Revenues $ — $ 220,688 $ 22,397 $ (13,731 ) $ 229,354 Cost of revenues (excluding depreciation and amortization expense) — 141,592 16,931 (13,731 ) 144,792 Selling, general and administrative expense 1,354 19,454 995 — 21,803 Depreciation and amortization — 38,461 2,156 — 40,617 Interest expense, net 12,941 2,926 — — 15,867 Other expense, net 619 861 929 — 2,409 Equity in net income of subsidiaries (17,885 ) (885 ) — 18,770 — Income before income tax provision 2,971 18,279 1,386 (18,770 ) 3,866 Provision for income taxes — 394 501 — 895 Net income 2,971 17,885 885 (18,770 ) 2,971 Other comprehensive income (loss) (1,677 ) (1,677 ) (1,677 ) 3,354 (1,677 ) Comprehensive income (loss) $ 1,294 $ 16,208 $ (792 ) $ (15,416 ) $ 1,294 Condensed Consolidating Statement of Operations and Comprehensive Income Six Months Ended June 30, 2014 (In Thousands) Issuers Guarantor Other Eliminations Consolidation Revenues $ — $ 46,882 $ 20,306 $ (5,270 ) $ 61,918 Cost of revenues (excluding depreciation and amortization expense) — 21,604 17,042 (5,270 ) 33,376 Selling, general and administrative expense 437 6,948 1,717 — 9,102 Depreciation and amortization — 6,839 594 — 7,433 Interest expense, net — 332 (28 ) — 304 Other expense, net — 125 912 — 1,037 Equity in net income of subsidiaries (9,935 ) (353 ) — 10,288 — Income before income tax provision 9,498 11,387 69 (10,288 ) 10,666 Provision (benefit) for income taxes — 1,452 (284 ) — 1,168 Net income 9,498 9,935 353 (10,288 ) 9,498 Other comprehensive income (loss) (2,891 ) (2,891 ) (2,891 ) 5,782 (2,891 ) Comprehensive income (loss) $ 6,607 $ 7,044 $ (2,538 ) $ (4,506 ) $ 6,607 Condensed Consolidating Statement of Cash Flows Six Months Ended June 30, 2015 (In Thousands) Issuers Guarantor Other Eliminations Consolidation Net cash provided by (used in) operating activities $ — $ 42,771 $ 9,431 $ — $ 52,202 Investing activities: Purchases of property, plant, and equipment, net — (46,638 ) (10,454 ) — (57,092 ) Intercompany investment activity 33,715 — (33,715 ) — Advances and other investing activities (64 ) — (64 ) Net cash provided by (used in) investing activities 33,715 (46,702 ) (10,454 ) (33,715 ) (57,156 ) Financing activities: Proceeds from long-term debt — 38,153 — — 38,153 Distributions (33,715 ) — — — (33,715 ) Intercompany contribution (distribution) — (33,715 ) — 33,715 — Net cash provided by (used in) financing activities (33,715 ) 4,438 — 33,715 4,438 Effect of exchange rate changes on cash — — (271 ) — (271 ) Increase (decrease) in cash and cash equivalents — 507 (1,294 ) — (787 ) Cash and cash equivalents at beginning of period — 23,343 10,723 — 34,066 Cash and cash equivalents at end of period $ — $ 23,850 $ 9,429 $ — $ 33,279 Condensed Consolidating Statement of Cash Flows Six Months Ended June 30, 2014 (In Thousands) Issuers Guarantor Other Eliminations Consolidation Net cash provided by (used in) operating activities $ — $ 18,484 $ 2,472 $ — $ 20,956 Investing activities: Purchases of property, plant, and equipment, net — (9,708 ) (1,174 ) — (10,882 ) Intercompany investment activity 14,258 — (14,258 ) — Advances and other investing activities — (1,405 ) — — (1,405 ) Net cash provided by (used in) investing activities 14,258 (11,113 ) (1,174 ) (14,258 ) (12,287 ) Financing activities: Proceeds from long-term debt — 7,348 — — 7,348 Distributions (14,258 ) — — — (14,258 ) Intercompany contribution (distribution) — (14,258 ) — 14,258 — Net cash provided by (used in) financing activities (14,258 ) (6,910 ) — 14,258 (6,910 ) Effect of exchange rate changes on cash — — (396 ) — (396 ) Increase (decrease) in cash and cash equivalents — 461 902 — 1,363 Cash and cash equivalents at beginning of period — 4,339 5,138 — 9,477 Cash and cash equivalents at end of period $ — $ 4,800 $ 6,040 $ — $ 10,840

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2015
Notes to Financial Statements [Abstract]
Schedule of Subsequent Events [Table Text Block]	NOTE J – SUBSEQUENT EVENTS On July 20, 2015 , the board of directors of our General Partner declared a cash distribution attributable to the quarter ended June 30, 2015 of $0.50 per unit. This distribution equates to a distribution of $2.00 per outstanding unit, on an annualized basis. This cash distribution is to be paid on August 14, 2015 to all unitholders of record as of the close of business on July 31, 2015 .

Basis of Presentation and Sig19

Basis of Presentation and Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2015
Policy Text Block [Abstract]
Consolidation policy	Presentation Our unaudited consolidated financial statements include the accounts of our wholly owned subsidiaries. All material intercompany balances and transactions have been eliminated. In the opinion of our management, our unaudited consolidated financial statements as of June 30, 2015 , and for the three and six month periods ended June 30, 2015 and 2014 , include all normal recurring adjustments that are necessary to provide a fair statement of our results for the interim periods. Operating results for the period ended June 30, 2015 are not necessarily indicative of results that may be expected for the twelve months ended December 31, 2015 . Results of operations for the three and six month periods ended June 30, 2015 , reflect the impact of our acquisition of Compressor Systems, Inc. ("CSI"), a Delaware corporation, on August 4 2014. For further discussion of the acquisition, see Note B - Acquisition. The accompanying unaudited consolidated financial statements have been prepared in accordance with Rule 10-01 of Regulation S-X for interim financial statements required to be filed with the U.S. Securities and Exchange Commission ("SEC") and do not include all information and footnotes required by generally accepted accounting principles for complete financial statements. These financial statements should be read in connection with the financial statements for the year ended December 31, 2014 , and notes thereto included in our Annual Report on Form 10-K, which we filed with the SEC on March 19, 2015.
Use of estimates policy	Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclose contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. For further discussion of fair value measurements in connection with the allocation of the purchase price of the CSI acquisition, see Note B - Acquisition. Actual results could differ from those estimates, and such differences could be material.
Cash equivalents policy	Cash Equivalents We consider all highly liquid cash investments with maturities of three months or less when purchased to be cash equivalents.
Foreign currencies policy	Foreign Currencies We have designated the Canadian dollar and Argentine peso as the functional currencies for our operations in Canada and Argentina, respectively. We are exposed to fluctuations between the U.S. dollar and certain foreign currencies, including the Canadian dollar, the Mexican peso, and the Argentine peso, as a result of our international operations. Foreign currency exchange gains and (losses) are included in Other Expense and totaled $1.2 million and $1.7 million during the three and six month periods ended June 30, 2015, respectively, and $0.0 million and $(0.7) million during the three and six month periods ended June 30, 2014 , respectively.
Inventories policy	Inventories Inventories consist primarily of compressor package parts and supplies and work in progress and are stated at the lower of cost or market value. For parts and supplies, cost is determined using the weighted average cost method. The cost of work in progress is determined using the specific identification method. Significant components of inventories as of June 30, 2015 , and December 31, 2014 , are as follows: June 30, 2015 December 31, 2014 (In Thousands) Parts and supplies 43,884 43,202 Work in progress 69,644 70,141 Total inventories $ 113,528 $ 113,343 Work in progress inventories consist primarily of new compressor units located at our fabrication facility in Midland, Texas.
Compression services revenues policy	Compression and Related Services Revenues and Costs Our compression and related services revenues include revenues from our U.S. corporate subsidiaries' operating lease agreements with customers. For the three and six month periods ended June 30, 2015 and 2014 , the following operating lease revenues and associated costs were included in compression and related service revenues and cost of compression and related services, respectively, in the accompanying consolidated statements of operations. Three Months Ended Six Months Ended 2015 2014 2015 2014 (In Thousands) Rental revenue $ 36,187 $ 2,778 $ 81,886 $ 5,610 Cost of rental revenue $ 22,664 $ 1,843 $ 44,110 $ 3,625
Net income per common and subordinated unit policy	Earnings Per Common and Subordinated Unit The computations of earnings per common and subordinated unit are based on the weighted average number of common and subordinated units, respectively, outstanding during the applicable period. Our subordinated units met the definition of a participating security, and, therefore, we are required to use the two-class method in the computation of earnings per unit. Effective August 18, 2014, all of our 6,273,970 subordinated units were automatically converted into common units on a one-for-one basis. Basic earnings per common and subordinated unit are determined by dividing net income (loss) allocated to the common units and subordinated units, respectively, after deducting the amount allocated to our General Partner (including any distributions to our General Partner on its incentive distribution rights), by the weighted average number of outstanding common and subordinated units, respectively, during the period. When computing earnings per common and subordinated unit under the two-class method when distributions are greater than earnings, the amount of the distribution is deducted from net income and allocated to our General Partner (including incentive distribution rights, if any) for the period to which the calculation relates. The excess of distributions over earnings is allocated between the General Partner, common, and subordinated units based on how our partnership agreement allocates net losses. When earnings are greater than distributions, we determine cash distributions based on available cash and determine the actual incentive distributions allocable to our General Partner based on actual distributions. When computing earnings per common and subordinated unit, the amount of the assumed incentive distribution rights, if any, is deducted from net income and allocated to our General Partner for the period to which the calculation relates. The remaining amount of net income, after deducting the assumed incentive distribution rights, is allocated between the General Partner, common and subordinated units based on how our Partnership Agreement allocates net earnings. The following is a reconciliation of the weighted average number of common and subordinated units outstanding to the number of common and subordinated units used in the computations of net income (loss) per common and subordinated unit. Three Months Ended Six Months Ended Common Subordinated Common Subordinated Number of weighted average units outstanding 33,161,286 — 33,153,039 — Restricted units outstanding — — — — Average diluted units outstanding 33,161,286 — 33,153,039 — Three Months Ended Six Months Ended Common Subordinated Common Subordinated Number of weighted average units outstanding 9,284,500 6,273,970 9,280,242 6,273,970 Restricted units outstanding 85,541 — 62,946 — Average diluted units outstanding 9,370,041 6,273,970 9,343,188 6,273,970 For the three and six month periods ended June 30, 2015 , the average diluted units outstanding excludes the impact of all of the outstanding restricted unit awards, as the inclusion of these units would have been antidilutive.
Accumulated other comprehensive income policy	Accumulated Other Comprehensive Income Certain of our international operations maintain their accounting records in the local currencies that are their functional currencies. For these operations, the functional currency financial statements are converted to United States dollar equivalents, with the effect of the foreign currency translation adjustment reflected as a component of accumulated other comprehensive income. Accumulated other comprehensive income is included in partners’ capital in the accompanying consolidated balance sheets and consists of the cumulative currency translation adjustments associated with such international operations. Activity within accumulated other comprehensive income during the three and six month periods ended June 30, 2015 and 2014 , is as follows: Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 (In Thousands) Balance, beginning of period $ (3,160 ) $ (2,555 ) $ (3,336 ) $ 413 Foreign currency translation adjustment (1,853 ) 77 (1,677 ) (2,891 ) Balance, end of period $ (5,013 ) $ (2,478 ) $ (5,013 ) $ (2,478 ) Activity within accumulated other comprehensive income includes no reclassifications to net income.
Allocation of net income policy	Allocation of Net Income (Loss) Our net income (loss) is allocated to partners’ capital accounts in accordance with the provisions of our partnership agreement.
Distributions policy	Distributions On January 20, 2015 , the board of directors of our General Partner declared a cash distribution attributable to the quarter ended December 31, 2014 of $0.485 per unit. This distribution equates to a distribution of $1.94 per outstanding unit on an annualized basis. This cash distribution was paid on February 13, 2015 , to all unitholders of record as of the close of business on January 31, 2015 . On April 21, 2015 , the board of directors of our General Partner declared a cash distribution attributable to the quarter ended March 31, 2015 of $0.495 per unit. This distribution equates to a distribution of $1.98 per outstanding unit on an annualized basis. This cash distribution was paid on May 15, 2015 to all unitholders of record as of the close of business on May 1, 2015 .
Fair value measurements policy	Fair Value Measurements Fair value is defined as “the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date” within an entity’s principal market, if any. The principal market is the market in which the reporting entity would sell the asset or transfer the liability with the greatest volume and level of activity, regardless of whether it is the market in which the entity will ultimately transact for a particular asset or liability or if a different market is potentially more advantageous. Accordingly, this exit price concept may result in a fair value that may differ from the transaction price or market price of the asset or liability. Under generally accepted accounting principles, the fair value hierarchy prioritizes inputs to valuation techniques used to measure fair value. Fair value measurements should maximize the use of observable inputs and minimize the use of unobservable inputs, to the extent possible. Observable inputs are developed based on market data obtained from sources independent of the reporting entity. Unobservable inputs may be needed to measure fair value in situations where there is little or no market activity for the asset or liability at the measurement date and are developed based on the best information available in the circumstances, which could include the reporting entity’s own judgments about the assumptions market participants would utilize in pricing the asset or liability. We utilize fair value measurements to account for certain items and account balances within our consolidated financial statements. Fair value measurements are utilized in the allocation of purchase consideration for acquisition transactions to the assets and liabilities acquired, including intangible assets and goodwill (a level 3 fair value measurement). Fair value measurements may also be utilized on a nonrecurring basis, such as for the impairment of long-lived assets, including goodwill (a level 3 fair value measurement). The fair value of our financial instruments, which may include cash, accounts receivable, short-term borrowings, and variable-rate long-term debt pursuant to our bank credit agreement, approximate their carrying amounts. The fair values of our long-term 7.25% Senior Notes at June 30, 2015 and December 31, 2014, were approximately $ 336.9 million (a level 2 fair value measurement) and $ 354.9 million , respectively, compared to an aggregate principal amount of $ 350.0 million , as current rates on those dates were different from the stated interest rates on the 7.25% Senior Notes. We calculate the fair value of our 7.25% Senior Notes as of December 31, 2014 internally, using current market conditions and average cost of debt (a level 2 fair value measurement). We also utilize fair value measurements on a recurring basis in the accounting for our foreign currency forward purchase and sale derivative contracts. For these fair value measurements, we utilize the quoted value as determined by our counterparty financial institution (a level 2 fair value measurement). A summary of these fair value measurements as of June 30, 2015 is as follows: Fair Value Measurements Using Description Total as of Quoted Prices Significant Significant (In Thousands) Asset for foreign currency derivative contracts $ 44 $ — $ 44 $ — $ 44
New accounting pronouncements policy	New Accounting Pronouncements In May 2014, the Financial Accounting Standards Board ("FASB") issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606). ASU 2014-09 supersedes the revenue recognition requirements in the Accounting Standards Codification ("ASC") Topic 605, Revenue Recognition, and most industry-specific guidance. The core principle of the ASU is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. This ASU is effective for our first quarter in fiscal 2017, pending a one year deferral currently under consideration by the FASB, under either full or modified retrospective adoption. Early application is not permitted. We are currently assessing the potential effects of these changes to our consolidated financial statements. On July 9, 2015, the FASB voted to approve a one year deferral of the ASU which would make it effective for annual periods beginning after December 15, 2017, and interim periods within those years. In August 2014, the FASB issued ASU No. 2014-15, “Presentation of Financial Statements - Going Concern” (Topic 250). The ASU provides guidance on management's responsibility to evaluate whether there is substantial doubt about an entity's ability to continue as a going concern and in certain circumstances to provide related footnote disclosures. The ASU is effective for the annual period ending after December 15, 2016, and for annual and interim periods thereafter. Early adoption is permitted. We do not expect the adoption of this standard to have a material impact on our consolidated financial statements. In January 2015, the FASB issued ASU No. 2015-01, “Income Statements - Extraordinary and Unusual Items” (Sub-Topic 225-20), which eliminates from U.S. GAAP the concept of extraordinary items. The ASU eliminates the separate presentation of extraordinary items on the income statement, net of tax and the related earnings per share, but does not affect the requirement to disclose material items that are unusual in nature or occurring infrequently. The ASU is effective for the annual period beginning after December 15, 2015 and interim periods within those annual periods, with early adoption permitted, and may be applied prospectively or retrospectively. We do not expect the adoption of this standard to have a material impact on our consolidated financial statements. In April 2015, the FASB issued ASU No. 2015-03, “Interest - Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs”. The ASU requires entities that have historically presented debt issuance costs as an asset to present those costs as a direct deduction from the carrying amount of the related debt liability. This presentation will result in the debt issuance costs being presented the same way debt discounts have historically been handled. The ASU does not change the recognition, measurement, or subsequent measurement guidance for debt issuance costs. The ASU is effective for the annual period beginning after December 15, 2015 and interim periods within those annual periods and is to be applied retrospectively. Early adoption is permitted. We plan to adopt this change retrospectively, and do not expect the adoption of this standard to have a material impact on our consolidated financial statements.

Basis of Presentation and Sig20

Basis of Presentation and Significant Accounting Policies (Tables)	6 Months Ended
	Jun. 30, 2015
Table Text Block [Abstract]
Inventories Table	June 30, 2015 December 31, 2014 (In Thousands) Parts and supplies 43,884 43,202 Work in progress 69,644 70,141 Total inventories $ 113,528 $ 113,343
Compression Services Revenues Table	Three Months Ended Six Months Ended 2015 2014 2015 2014 (In Thousands) Rental revenue $ 36,187 $ 2,778 $ 81,886 $ 5,610 Cost of rental revenue $ 22,664 $ 1,843 $ 44,110 $ 3,625
Reconciliation of Weighted Average Units Table	Three Months Ended Six Months Ended Common Subordinated Common Subordinated Number of weighted average units outstanding 33,161,286 — 33,153,039 — Restricted units outstanding — — — — Average diluted units outstanding 33,161,286 — 33,153,039 — Three Months Ended Six Months Ended Common Subordinated Common Subordinated Number of weighted average units outstanding 9,284,500 6,273,970 9,280,242 6,273,970 Restricted units outstanding 85,541 — 62,946 — Average diluted units outstanding 9,370,041 6,273,970 9,343,188 6,273,970
Accumulated Other Comprehensive Income Table	Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 (In Thousands) Balance, beginning of period $ (3,160 ) $ (2,555 ) $ (3,336 ) $ 413 Foreign currency translation adjustment (1,853 ) 77 (1,677 ) (2,891 ) Balance, end of period $ (5,013 ) $ (2,478 ) $ (5,013 ) $ (2,478 )
Fair Value Measurements on a Recurring Basis Table	Fair Value Measurements Using Description Total as of Quoted Prices Significant Significant (In Thousands) Asset for foreign currency derivative contracts $ 44 $ — $ 44 $ — $ 44

Acquisitions and Dispositions21

Acquisitions and Dispositions Acquisitions and Dispositions (Tables)	6 Months Ended
	Jun. 30, 2015
Business Combinations [Abstract]
Preliminary Allocation of Purchase Price	Current assets $ 101,411 Property and equipment 571,706 Intangible assets 68,000 Goodwill 161,387 Total assets acquired 902,504 Current liabilities 77,504 Total liabilities assumed 77,504 Net assets acquired $ 825,000
Pro Forma Financial Information	Three Months Ended Six Months Ended 2014 2014 (In Thousands, Except Per Unit Amounts) Revenues $ 109,426 $ 232,267 Depreciation and amortization 18,636 37,002 Net income 1,939 5,835 Per share information: Net income per common unit: Basic $ 0.06 $ 0.17 Diluted $ 0.06 $ 0.17 Net income per subordinated unit: Basic and diluted $ 0.06 $ 0.17

Long-Term Debt and Other Borr22

Long-Term Debt and Other Borrowings Long-Term Debt and Other Borrowings (Tables)	6 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Long-Term Debt Table	June 30, 2015 December 31, 2014 Scheduled Maturity (In Thousands) Credit Agreement August 4, 2019 $ 233,000 $ 195,000 7.25% Senior Notes (presented net of the unamortized discount of $4.8 million as of June 30, 2015 and $5.0 million as of December 31, 2014) August 15, 2022 345,212 344,961 578,212 539,961 Less current portion — — Total long-term debt $ 578,212 $ 539,961

Market Risks and Derivative C23

Market Risks and Derivative Contracts Market Risks and Derivative Contracts (Tables)	6 Months Ended
	Jun. 30, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Notional Amounts of Outstanding Derivative Positions Table	Derivative Contracts US Dollar Notional Amount Traded Exchange Rate Settlement Date (In Thousands) Forward sale Canadian dollar $ 780 1.25 7/17/2015 Forward sale Mexican peso $ 2,066 15.71 7/17/2015
Derivatives Designated as Hedging Instruments Table	Foreign currency derivative instruments Balance Sheet Fair Value at Location June 30, 2015 December 31, 2014 (In Thousands) Forward sale contracts Current assets $ 44 $ — Net asset $ 44 $ —

Supplemental Guarantor Financ24

Supplemental Guarantor Financial Information Supplemental Guarantor Financial Information (Tables)	6 Months Ended
	Jun. 30, 2015
Supplemental Guarantor Financial Information [Abstract]
Supplemental guarantor financial information tables	Condensed Consolidating Balance Sheet June 30, 2015 (In Thousands) Issuers Guarantor Other Eliminations Consolidation ASSETS Current assets $ 254 $ 180,639 $ 27,596 $ — $ 208,489 Property, plant, and equipment, net — 681,936 23,635 — 705,571 Investments in subsidiaries 544,784 16,510 — (561,294 ) — Intangible and other assets, net 9,014 298,568 1,757 — 309,339 Intercompany receivables 321,968 — — (321,968 ) — Total non-current assets 875,766 997,014 25,392 (883,262 ) 1,014,910 Total assets $ 876,020 $ 1,177,653 $ 52,988 $ (883,262 ) $ 1,223,399 LIABILITIES AND PARTNERS' CAPITAL Current liabilities $ 11,699 $ 100,690 $ 5,031 $ — $ 117,420 Amounts payable to affiliates 45 2,954 4,352 — 7,351 Long-term debt 345,212 233,000 — — 578,212 Intercompany payables — 295,800 26,168 (321,968 ) — Other long-term liabilities — 425 927 — 1,352 Total liabilities 356,956 632,869 36,478 (321,968 ) 704,335 Total partners' capital 519,064 544,784 16,510 (561,294 ) 519,064 Total liabilities and partners' capital $ 876,020 $ 1,177,653 $ 52,988 $ (883,262 ) $ 1,223,399 Condensed Consolidating Balance Sheet December 31, 2014 (In Thousands) Issuers Guarantor Other Eliminations Consolidation ASSETS Current assets $ 28 $ 197,485 $ 34,277 $ — $ 231,790 Property, plant, and equipment, net — 669,145 16,851 — 685,996 Investments in subsidiaries 562,290 17,303 — (579,593 ) — Intangible and other assets, net 9,650 303,252 1,773 — 314,675 Intercompany receivables 335,151 — — (335,151 ) — Total non-current assets 907,091 989,700 18,624 (914,744 ) 1,000,671 Total assets $ 907,119 $ 1,187,185 $ 52,901 $ (914,744 ) $ 1,232,461 LIABILITIES AND PARTNERS' CAPITAL Current liabilities $ 11,634 $ 116,577 $ 5,677 $ — $ 133,888 Amounts payable to affiliates 44 987 5,449 — 6,480 Long-term debt 344,961 195,000 — — 539,961 Intercompany payables — 311,389 23,762 (335,151 ) — Other long-term liabilities 199 942 710 — 1,851 Total liabilities 356,838 624,895 35,598 (335,151 ) 682,180 Total partners' capital 550,281 562,290 17,303 (579,593 ) 550,281 Total liabilities and partners' capital $ 907,119 $ 1,187,185 $ 52,901 $ (914,744 ) $ 1,232,461 Condensed Consolidating Statement of Operations and Comprehensive Income Three Months Ended June 30, 2015 (In Thousands) Issuers Guarantor Other Eliminations Consolidation Revenues $ — $ 117,667 $ 11,729 $ (2,931 ) $ 126,465 Cost of revenues (excluding depreciation and amortization expense) — 78,678 8,938 (2,931 ) 84,685 Selling, general and administrative expense 877 9,212 465 — 10,554 Depreciation and amortization — 19,841 788 — 20,629 Interest expense, net 6,472 1,489 — — 7,961 Other expense, net 318 442 410 — 1,170 Equity in net income of subsidiaries (8,830 ) (821 ) — 9,651 — Income before income tax provision 1,163 8,826 1,128 (9,651 ) 1,466 Provision (benefit) for income taxes — (4 ) 307 — 303 Net income 1,163 8,830 821 (9,651 ) 1,163 Other comprehensive income (loss) (1,853 ) (1,853 ) (1,853 ) 3,706 (1,853 ) Comprehensive income (loss) $ (690 ) $ 6,977 $ (1,032 ) $ (5,945 ) $ (690 ) Condensed Consolidating Statement of Operations and Comprehensive Income Three Months Ended June 30, 2014 (In Thousands) Issuers Guarantor Other Eliminations Consolidation Revenues $ — $ 23,671 $ 11,096 $ (2,659 ) $ 32,108 Cost of revenues (excluding depreciation and amortization expense) — 10,670 9,282 (2,659 ) 17,293 Selling, general and administrative expense 235 4,012 761 — 5,008 Depreciation and amortization — 3,448 303 — 3,751 Interest expense, net — 148 (3 ) — 145 Other expense, net — 422 76 — 498 Equity in net income of subsidiaries (5,114 ) (1,037 ) — 6,151 — Income before income tax provision 4,879 6,008 677 (6,151 ) 5,413 Provision (benefit) for income taxes — 894 (360 ) — 534 Net income 4,879 5,114 1,037 (6,151 ) 4,879 Other comprehensive income (loss) 77 77 77 (154 ) 77 Comprehensive income $ 4,956 $ 5,191 $ 1,114 $ (6,305 ) $ 4,956 Condensed Consolidating Statement of Operations and Comprehensive Income Six Months Ended June 30, 2015 (In Thousands) Issuers Guarantor Other Eliminations Consolidation Revenues $ — $ 220,688 $ 22,397 $ (13,731 ) $ 229,354 Cost of revenues (excluding depreciation and amortization expense) — 141,592 16,931 (13,731 ) 144,792 Selling, general and administrative expense 1,354 19,454 995 — 21,803 Depreciation and amortization — 38,461 2,156 — 40,617 Interest expense, net 12,941 2,926 — — 15,867 Other expense, net 619 861 929 — 2,409 Equity in net income of subsidiaries (17,885 ) (885 ) — 18,770 — Income before income tax provision 2,971 18,279 1,386 (18,770 ) 3,866 Provision for income taxes — 394 501 — 895 Net income 2,971 17,885 885 (18,770 ) 2,971 Other comprehensive income (loss) (1,677 ) (1,677 ) (1,677 ) 3,354 (1,677 ) Comprehensive income (loss) $ 1,294 $ 16,208 $ (792 ) $ (15,416 ) $ 1,294 Condensed Consolidating Statement of Operations and Comprehensive Income Six Months Ended June 30, 2014 (In Thousands) Issuers Guarantor Other Eliminations Consolidation Revenues $ — $ 46,882 $ 20,306 $ (5,270 ) $ 61,918 Cost of revenues (excluding depreciation and amortization expense) — 21,604 17,042 (5,270 ) 33,376 Selling, general and administrative expense 437 6,948 1,717 — 9,102 Depreciation and amortization — 6,839 594 — 7,433 Interest expense, net — 332 (28 ) — 304 Other expense, net — 125 912 — 1,037 Equity in net income of subsidiaries (9,935 ) (353 ) — 10,288 — Income before income tax provision 9,498 11,387 69 (10,288 ) 10,666 Provision (benefit) for income taxes — 1,452 (284 ) — 1,168 Net income 9,498 9,935 353 (10,288 ) 9,498 Other comprehensive income (loss) (2,891 ) (2,891 ) (2,891 ) 5,782 (2,891 ) Comprehensive income (loss) $ 6,607 $ 7,044 $ (2,538 ) $ (4,506 ) $ 6,607 Condensed Consolidating Statement of Cash Flows Six Months Ended June 30, 2015 (In Thousands) Issuers Guarantor Other Eliminations Consolidation Net cash provided by (used in) operating activities $ — $ 42,771 $ 9,431 $ — $ 52,202 Investing activities: Purchases of property, plant, and equipment, net — (46,638 ) (10,454 ) — (57,092 ) Intercompany investment activity 33,715 — (33,715 ) — Advances and other investing activities (64 ) — (64 ) Net cash provided by (used in) investing activities 33,715 (46,702 ) (10,454 ) (33,715 ) (57,156 ) Financing activities: Proceeds from long-term debt — 38,153 — — 38,153 Distributions (33,715 ) — — — (33,715 ) Intercompany contribution (distribution) — (33,715 ) — 33,715 — Net cash provided by (used in) financing activities (33,715 ) 4,438 — 33,715 4,438 Effect of exchange rate changes on cash — — (271 ) — (271 ) Increase (decrease) in cash and cash equivalents — 507 (1,294 ) — (787 ) Cash and cash equivalents at beginning of period — 23,343 10,723 — 34,066 Cash and cash equivalents at end of period $ — $ 23,850 $ 9,429 $ — $ 33,279 Condensed Consolidating Statement of Cash Flows Six Months Ended June 30, 2014 (In Thousands) Issuers Guarantor Other Eliminations Consolidation Net cash provided by (used in) operating activities $ — $ 18,484 $ 2,472 $ — $ 20,956 Investing activities: Purchases of property, plant, and equipment, net — (9,708 ) (1,174 ) — (10,882 ) Intercompany investment activity 14,258 — (14,258 ) — Advances and other investing activities — (1,405 ) — — (1,405 ) Net cash provided by (used in) investing activities 14,258 (11,113 ) (1,174 ) (14,258 ) (12,287 ) Financing activities: Proceeds from long-term debt — 7,348 — — 7,348 Distributions (14,258 ) — — — (14,258 ) Intercompany contribution (distribution) — (14,258 ) — 14,258 — Net cash provided by (used in) financing activities (14,258 ) (6,910 ) — 14,258 (6,910 ) Effect of exchange rate changes on cash — — (396 ) — (396 ) Increase (decrease) in cash and cash equivalents — 461 902 — 1,363 Cash and cash equivalents at beginning of period — 4,339 5,138 — 9,477 Cash and cash equivalents at end of period $ — $ 4,800 $ 6,040 $ — $ 10,840

Basis of Presentation and Sig25

Basis of Presentation and Significant Accounting Policies (Details 1) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014	Aug. 18, 2014	Aug. 04, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Goodwill	$ 233,386,000		$ 233,386,000		$ 233,548,000
Subordinated units converted to common units						6,273,970
Revenue Recognition [Line Items]
Revenues	126,465,000	$ 32,108,000	229,354,000	$ 61,918,000
Reconciliation of Weighted Average Units [Line Items]
Number of weighted average units outstanding		9,284,500		9,280,242
Average diluted units outstanding		9,370,041		9,343,188
Inventories Detail [Table]
Parts and supplies	43,884,000		43,884,000		43,202,000
Work in progress	69,644,000		69,644,000		70,141,000
Total inventories	113,528,000		113,528,000		113,343,000
Foreign currency exchange gains (losses)	1,200,000	$ 0	1,700,000	$ (700,000)
Service Agreements [Member]
Revenue Recognition [Line Items]
Revenues	36,187,000	2,778,000	81,886,000	5,610,000
Cost of revenue	$ 22,664,000	$ 1,843,000	$ 44,110,000	$ 3,625,000
Common Units [Member]
Reconciliation of Weighted Average Units [Line Items]
Number of weighted average units outstanding	33,161,286	9,284,500	33,153,039	9,280,242
Nonvested units outstanding	0	85,541	0	62,946
Average diluted units outstanding	33,161,286	9,370,041	33,153,039	9,343,188
Subordinated Units [Member]
Reconciliation of Weighted Average Units [Line Items]
Number of weighted average units outstanding	0	6,273,970	0	6,273,970
Nonvested units outstanding	0	0	0	0
Average diluted units outstanding	0	6,273,970	0	6,273,970
Compressor Systems, Inc. [Member]
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Goodwill							$ 161,387,000
Purchase price allocation, nondeductible goodwill					$ 160,036,000

Basis of Presentation and Sig26

Basis of Presentation and Significant Accounting Policies (Details 2) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Debt Instrument [Line Items]
Fair value of Senior Notes	$ 336,900		$ 354,900		$ 336,900
Carrying value of Senior Notes	350,000				350,000
Accumulated Other Comprehensive Income [Table]
Balance, beginning of period	(3,160)	$ (3,336)		$ (2,555)	(3,336)	$ 413
Foreign currency translation adjustment	(1,853)			77	(1,677)	(2,891)
Balance, end of period	$ (5,013)	$ (3,160)	$ (3,336)	$ (2,478)	$ (5,013)	$ (2,478)
Distribution declaration date	Jul. 20, 2015	Apr. 21, 2015	Jan. 20, 2015
Amount of declared distribution	$ 0.500	$ 0.495	$ 0.485
Amount of declared distribution on an annualized basis	$ 2	$ 1.98	$ 1.94
Distribution payment date	Aug. 14, 2015	May 15, 2015	Feb. 13, 2015
Distribution record date	Jul. 31, 2015	May 1, 2015	Jan. 31, 2015
CSI Compressco Senior Notes [Member]
Debt Instrument [Line Items]
Senior Note interest rate	7.25%				7.25%
Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Asset for foreign currency derivative contracts	$ 44				$ 44
Total	44				44
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Asset for foreign currency derivative contracts	0				0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Asset for foreign currency derivative contracts	44				44
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Asset for foreign currency derivative contracts	$ 0				$ 0

Acquisitions and Dispositions27

Acquisitions and Dispositions Acquisitions and Dispositions (Details 1) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014	Aug. 11, 2014	Aug. 04, 2014
Business Acquisition [Line Items]
Goodwill	$ 233,386,000		$ 233,386,000		$ 233,548,000
Accumulated amortization, intangible assets acquired	9,697,000		9,697,000		$ 3,826,000
Per share information:
Revenues		$ 109,426		$ 232,267
Depreciation and amortization		18,636		37,002
Net income		$ 1,939		$ 5,835
Net income per common unit:
Basic		$ 0.06		$ 0.17
Diluted		0.06		0.17
Net income per subordinated unit:
Basic and diluted		$ 0.06		$ 0.17
Compressor Systems, Inc. [Member]
Business Acquisition [Line Items]
Date of acquisition agreement					Jul. 20, 2014
Effective date of acquisition					Aug. 4, 2014
Purchase price					$ 825,000,000
Gross proceeds from sale of Common Units					$ 346,000,000
Number of Common Units sold					15,280,000
Number of Common Units purchased by TETRA					1,390,290
General Partner's capital contribution						$ 1,100,000	$ 7,300,000
General Partner percentage interest					2.00%
Common Units subject to underwriters' option							2,292,000
Date of exercise of underwriters' option					Aug. 11, 2014
Goodwill							$ 161,387,000
Purchase price allocation, nondeductible goodwill					$ 160,036,000
Decrease in goodwill recorded during period			100,000
Deferred financing costs							$ 16,600,000
Interim financing costs					$ 6,700,000
Revenues	96,300,000		167,500,000
Depreciation and amortization	16,500,000		32,400,000
Pretax earnings	6,700,000		13,600,000
Allocated interest expense excluded from results attributable to acquired entity	8,000,000		15,800,000
Value of trademarks/tradenames	33,700,000		33,700,000
Value of customer relationships	21,400,000		21,400,000
Value of other intangible assets	12,900,000		12,900,000
Accumulated amortization, intangible assets acquired	$ 9,700,000		$ 9,700,000
Compressor Systems, Inc. [Member] | Finite-Lived Intangible Assets [Member] | Minimum [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, useful life			2 years
Compressor Systems, Inc. [Member] | Finite-Lived Intangible Assets [Member] | Maximum [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, useful life			15 years

Acquisitions and Dispositions28

Acquisitions and Dispositions Acquisitions and Dispositions (Details 2) - Compressor Systems, Inc. [Member]	6 Months Ended
	Jun. 30, 2015
Building [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property, plant, and equipment, useful life	15 years
Building [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property, plant, and equipment, useful life	30 years
Machinery and Equipment [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property, plant, and equipment, useful life	2 years
Machinery and Equipment [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property, plant, and equipment, useful life	16 years
Vehicles [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property, plant, and equipment, useful life	3 years
Vehicles [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property, plant, and equipment, useful life	4 years

Long-Term Debt and Other Borr29

Long-Term Debt and Other Borrowings (Details) - USD ($)	6 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
Long-term debt	$ 578,212,000	$ 539,961,000
Less current portion	0	0
Long-term debt, net	578,212,000	539,961,000
New Credit Agreement [Member]
Debt Instrument [Line Items]
Long-term debt	$ 233,000,000	195,000,000
Scheduled maturity date	Aug. 4, 2019
CSI Compressco Senior Notes [Member]
Debt Instrument [Line Items]
Senior Notes, unamortized discount	$ 4,800,000	5,000,000
Long-term debt	$ 345,212,000	$ 344,961,000
Scheduled maturity date	Aug. 15, 2022
Senior Note interest rate	7.25%

Market Risks and Derivative C30

Market Risks and Derivative Contracts (Details) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2015USD ($)	Jun. 30, 2015USD ($)	Dec. 31, 2014USD ($)
Derivatives, Fair Value [Line Items]
Forward purchase contracts	$ 44	$ 44	$ 0
Net gains associated with foreign currency derivative program	0	200
Forward Purchase Contract, Canadian Dollar [Member]
Derivative [Line Items]
U.S. Dollar notional amount	$ 780	$ 780
Traded exchange rate	1.25	1.25
Value date		Jul. 17, 2015
Forward Purchase Contract, Argentinian Peso [Member]
Derivative [Line Items]
U.S. Dollar notional amount	$ 2,066	$ 2,066
Traded exchange rate	15.71	15.71
Value date		Jul. 17, 2015
Current Assets [Member]
Derivatives, Fair Value [Line Items]
Forward purchase contracts	$ 44	$ 44	$ 0

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2014	Aug. 18, 2014	Aug. 11, 2014	Aug. 04, 2014
Business Acquisition [Line Items]
Subordinated units converted to common units		6,273,970
Compressor Systems, Inc. [Member]
Business Acquisition [Line Items]
Purchase price	$ 825
Number of Common Units sold	15,280,000
Number of Common Units purchased by TETRA	1,390,290
Related Party Transaction, Purchases from Related Party	$ 32.7
General Partner's capital contribution			$ 1.1	$ 7.3
General Partner percentage interest	2.00%
TETRA's ownership interest in Compressco Partners	44.00%
TETRA's ownership interest prior to Offering	82.00%
Publicly held limited partner interest in Compressco Partners	56.00%
Limited Liability Company (LLC) or Limited Partnership (LP), Members or Limited Partners, Ownership Interest	42.00%
Publicly held limited partner interest prior to offering				18.00%
Date of exercise of underwriters' option	Aug. 11, 2014
Common Units subject to underwriters' option				2,292,000

Supplemental Guarantor Financ32

Supplemental Guarantor Financial Information Supplemental Guarantor Financial Information (Details 1) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
ASSETS
Current assets	$ 208,489	$ 231,790
Property, plant, and equipment, net	705,571	685,996
Investments in affiliates	0	0
Intangible and other assets, net	309,339	314,675
Intercompany receivables	0	0
Total non-current assets	1,014,910	1,000,671
Total assets	1,223,399	1,232,461
LIABILITIES AND PARTNERS' CAPITAL
Current liabilities	117,420	133,888
Amounts payable to affiliate	7,351	6,480
Long-term debt	578,212	539,961
Intercompany payables	0	0
Other long-term liabilities	1,352	1,851
Total liabilities	704,335	682,180
Total partners' capital	519,064	550,281
Total liabilities and partners' capital	1,223,399	1,232,461
Carrying value of Senior Notes	350,000
Issuers [Member]
ASSETS
Current assets	254	28
Property, plant, and equipment, net	0	0
Investments in affiliates	544,784	562,290
Intangible and other assets, net	9,014	9,650
Intercompany receivables	321,968	335,151
Total non-current assets	875,766	907,091
Total assets	876,020	907,119
LIABILITIES AND PARTNERS' CAPITAL
Current liabilities	11,699	11,634
Amounts payable to affiliate	45	44
Long-term debt	345,212	344,961
Intercompany payables	0	0
Other long-term liabilities	0	199
Total liabilities	356,956	356,838
Total partners' capital	519,064	550,281
Total liabilities and partners' capital	876,020	907,119
Guarantor Subsidiaries [Member]
ASSETS
Current assets	180,639	197,485
Property, plant, and equipment, net	681,936	669,145
Investments in affiliates	16,510	17,303
Intangible and other assets, net	298,568	303,252
Intercompany receivables	0	0
Total non-current assets	997,014	989,700
Total assets	1,177,653	1,187,185
LIABILITIES AND PARTNERS' CAPITAL
Current liabilities	100,690	116,577
Amounts payable to affiliate	2,954	987
Long-term debt	233,000	195,000
Intercompany payables	295,800	311,389
Other long-term liabilities	425	942
Total liabilities	632,869	624,895
Total partners' capital	544,784	562,290
Total liabilities and partners' capital	1,177,653	1,187,185
Other Subsidiaries [Member]
ASSETS
Current assets	27,596	34,277
Property, plant, and equipment, net	23,635	16,851
Investments in affiliates	0	0
Intangible and other assets, net	1,757	1,773
Intercompany receivables	0	0
Total non-current assets	25,392	18,624
Total assets	52,988	52,901
LIABILITIES AND PARTNERS' CAPITAL
Current liabilities	5,031	5,677
Amounts payable to affiliate	4,352	5,449
Long-term debt	0	0
Intercompany payables	26,168	23,762
Other long-term liabilities	927	710
Total liabilities	36,478	35,598
Total partners' capital	16,510	17,303
Total liabilities and partners' capital	52,988	52,901
Eliminations [Member]
ASSETS
Current assets	0	0
Property, plant, and equipment, net	0	0
Investments in affiliates	(561,294)	(579,593)
Intangible and other assets, net	0	0
Intercompany receivables	(321,968)	(335,151)
Total non-current assets	(883,262)	(914,744)
Total assets	(883,262)	(914,744)
LIABILITIES AND PARTNERS' CAPITAL
Current liabilities	0	0
Amounts payable to affiliate	0	0
Long-term debt	0	0
Intercompany payables	(321,968)	(335,151)
Other long-term liabilities	0	0
Total liabilities	(321,968)	(335,151)
Total partners' capital	(561,294)	(579,593)
Total liabilities and partners' capital	$ (883,262)	$ (914,744)

Supplemental Guarantor Financ33

Supplemental Guarantor Financial Information Supplemental Guarantor Financial Information (Details 2) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Condensed Income Statements, Captions [Line Items]
Revenues	$ 126,465	$ 32,108	$ 229,354	$ 61,918
Cost of revenues	84,685	17,293	144,792	33,376
Selling, general, and administrative expense	10,554	5,008	21,803	9,102
Depreciation and amortization	20,629	3,751	40,617	7,433
Interest expense, net	7,961	145	15,867	304
Other expense, net	1,170	498	2,409	1,037
Equity in net income of subsidiaries	0	0	0	0
Income before income tax provision	1,466	5,413	3,866	10,666
Provision (benefit) for income taxes	303	534	895	1,168
Net income	1,163	4,879	2,971	9,498
Other comprehensive income	(1,853)	77	(1,677)	(2,891)
Comprehensive income (loss)	(690)	4,956	1,294	6,607
Issuers [Member]
Condensed Income Statements, Captions [Line Items]
Revenues	0	0	0	0
Cost of revenues	0	0	0	0
Selling, general, and administrative expense	877	235	1,354	437
Depreciation and amortization	0	0	0	0
Interest expense, net	6,472	0	12,941	0
Other expense, net	318	0	(619)	0
Equity in net income of subsidiaries	(8,830)	(5,114)	(17,885)	(9,935)
Income before income tax provision	1,163	4,879	2,971	9,498
Provision (benefit) for income taxes	0	0	0	0
Net income	1,163	4,879	2,971	9,498
Other comprehensive income	(1,853)	77	(1,677)	(2,891)
Comprehensive income (loss)	(690)	4,956	1,294	6,607
Guarantor Subsidiaries [Member]
Condensed Income Statements, Captions [Line Items]
Revenues	117,667	23,671	220,688	46,882
Cost of revenues	78,678	10,670	141,592	21,604
Selling, general, and administrative expense	9,212	4,012	19,454	6,948
Depreciation and amortization	19,841	3,448	38,461	6,839
Interest expense, net	1,489	148	2,926	332
Other expense, net	442	422	(861)	(125)
Equity in net income of subsidiaries	(821)	(1,037)	(885)	(353)
Income before income tax provision	8,826	6,008	18,279	11,387
Provision (benefit) for income taxes	(4)	894	394	1,452
Net income	8,830	5,114	17,885	9,935
Other comprehensive income	(1,853)	77	(1,677)	(2,891)
Comprehensive income (loss)	6,977	5,191	16,208	7,044
Other Subsidiaries [Member]
Condensed Income Statements, Captions [Line Items]
Revenues	11,729	11,096	22,397	20,306
Cost of revenues	8,938	9,282	16,931	17,042
Selling, general, and administrative expense	465	761	995	1,717
Depreciation and amortization	788	303	2,156	594
Interest expense, net	0	(3)	0	(28)
Other expense, net	410	76	(929)	(912)
Equity in net income of subsidiaries	0	0	0	0
Income before income tax provision	1,128	677	1,386	69
Provision (benefit) for income taxes	307	(360)	501	(284)
Net income	821	1,037	885	353
Other comprehensive income	(1,853)	77	(1,677)	(2,891)
Comprehensive income (loss)	(1,032)	1,114	(792)	(2,538)
Eliminations [Member]
Condensed Income Statements, Captions [Line Items]
Revenues	(2,931)	(2,659)	(13,731)	(5,270)
Cost of revenues	(2,931)	(2,659)	(13,731)	(5,270)
Selling, general, and administrative expense	0	0	0	0
Depreciation and amortization	0	0	0	0
Interest expense, net	0	0	0	0
Other expense, net	0	0	0	0
Equity in net income of subsidiaries	9,651	6,151	18,770	10,288
Income before income tax provision	(9,651)	(6,151)	(18,770)	(10,288)
Provision (benefit) for income taxes	0	0	0	0
Net income	(9,651)	(6,151)	(18,770)	(10,288)
Other comprehensive income	3,706	(154)	3,354	5,782
Comprehensive income (loss)	$ (5,945)	$ (6,305)	$ (15,416)	$ (4,506)

Supplemental Guarantor Financ34

Supplemental Guarantor Financial Information Supplemental Guarantor Financial Information (Details 3) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by operating activities	$ 52,202	$ 20,956
Investing activities:
Purchases of property, plant, and equipment, net	(57,092)	(10,882)
Intercompany investment activity	0	0
Advances and other investing activities	(64)	(1,405)
Net cash used in investing activities	(57,156)	(12,287)
Financing activities:
Proceeds from long-term debt, net	38,153	7,348
Distributions	(33,715)	(14,258)
Intercompany contribution (distribution)	0	0
Net cash used in financing activities	4,438	(6,910)
Effect of exchange rate changes on cash	(271)	(396)
Increase (decrease) in cash and cash equivalents	(787)	1,363
Cash and cash equivalents at beginning of period	34,066	9,477
Cash and cash equivalents at end of period	33,279	10,840
Issuers [Member]
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by operating activities	0	0
Investing activities:
Purchases of property, plant, and equipment, net	0	0
Intercompany investment activity	33,715	14,258
Advances and other investing activities		0
Net cash used in investing activities	33,715	14,258
Financing activities:
Proceeds from long-term debt, net	0	0
Distributions	(33,715)	(14,258)
Intercompany contribution (distribution)	0	0
Net cash used in financing activities	(33,715)	(14,258)
Effect of exchange rate changes on cash	0	0
Increase (decrease) in cash and cash equivalents	0	0
Cash and cash equivalents at beginning of period	0	0
Cash and cash equivalents at end of period	0	0
Guarantor Subsidiaries [Member]
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by operating activities	42,771	18,484
Investing activities:
Purchases of property, plant, and equipment, net	(46,638)	(9,708)
Intercompany investment activity	0	0
Advances and other investing activities	(64)	(1,405)
Net cash used in investing activities	(46,702)	(11,113)
Financing activities:
Proceeds from long-term debt, net	38,153	7,348
Distributions	0	0
Intercompany contribution (distribution)	(33,715)	(14,258)
Net cash used in financing activities	4,438	(6,910)
Effect of exchange rate changes on cash	0	0
Increase (decrease) in cash and cash equivalents	507	461
Cash and cash equivalents at beginning of period	23,343	4,339
Cash and cash equivalents at end of period	23,850	4,800
Other Subsidiaries [Member]
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by operating activities	9,431	2,472
Investing activities:
Purchases of property, plant, and equipment, net	(10,454)	(1,174)
Advances and other investing activities	0	0
Net cash used in investing activities	(10,454)	(1,174)
Financing activities:
Proceeds from long-term debt, net	0	0
Distributions	0	0
Intercompany contribution (distribution)	0	0
Net cash used in financing activities	0	0
Effect of exchange rate changes on cash	(271)	(396)
Increase (decrease) in cash and cash equivalents	(1,294)	902
Cash and cash equivalents at beginning of period	10,723	5,138
Cash and cash equivalents at end of period	9,429	6,040
Eliminations [Member]
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by operating activities	0	0
Investing activities:
Purchases of property, plant, and equipment, net	0	0
Intercompany investment activity	(33,715)	(14,258)
Advances and other investing activities		0
Net cash used in investing activities	(33,715)	(14,258)
Financing activities:
Proceeds from long-term debt, net	0	0
Distributions	0	0
Intercompany contribution (distribution)	33,715	14,258
Net cash used in financing activities	33,715	14,258
Effect of exchange rate changes on cash	0	0
Increase (decrease) in cash and cash equivalents	0	0
Cash and cash equivalents at beginning of period	0	0
Cash and cash equivalents at end of period	$ 0	$ 0

Subsequent Events (Details)

Subsequent Events (Details) - $ / shares	3 Months Ended
	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014
Subsequent Events [Abstract]
Distribution declaration date	Jul. 20, 2015	Apr. 21, 2015	Jan. 20, 2015
Amount of declared distribution	$ 0.500	$ 0.495	$ 0.485
Amount of declared distribution on an annualized basis	$ 2	$ 1.98	$ 1.94
Distribution payment date	Aug. 14, 2015	May 15, 2015	Feb. 13, 2015
Distribution record date	Jul. 31, 2015	May 1, 2015	Jan. 31, 2015