Reporting Segments | Reportable Segments Our operations are located in the United States and are organized into three reportable segments: i) Gathering and Processing, ii) Transmission and iii) Terminals. Gathering and Processing Our Gathering and Processing segment provides "wellhead-to-market" services to producers of natural gas and crude oil, which include transporting raw natural gas and crude oil from various receipt points through gathering systems, treating the raw natural gas, processing raw natural gas to separate the NGLs from the natural gas, fractionating NGLs, and selling or delivering pipeline-quality natural gas, crude oil and NGLs to various markets and pipeline systems. Transmission Our Transmission segment transports and delivers natural gas from producing wells, receipt points or pipeline interconnects for shippers and other customers, including local distribution companies ("LDCs"), utilities and industrial, commercial and power generation customers. Terminals Our Terminals segment provides above-ground storage services at our marine terminals that support various commercial customers, including commodity brokers, refiners and chemical manufacturers to store a range of products, including petroleum products, distillates, chemicals and agricultural products. These segments are monitored separately by management for performance and are consistent with the Partnership's internal financial reporting. These segments have been identified based on the differing products and services, regulatory environment and the expertise required for these operations. Gross margin is a performance measure utilized by management to monitor the results of each segment. The following tables set forth our segment information for the three and six months ended June 30, 2016 and 2015 (in thousands): Three months ended June 30, 2016 Gathering and Processing Transmission Terminals Total Revenue $ 41,780 $ 8,740 $ 5,628 $ 56,148 Gain (loss) on commodity derivatives, net (764 ) (2 ) — (766 ) Total revenue 41,016 8,738 5,628 55,382 Operating expenses: Purchases of natural gas, NGL's and condensate 20,964 1,138 — 22,102 Direct operating expenses 11,231 3,425 1,535 16,191 Selling, general and administrative expenses 11,432 Equity compensation expense 1,025 Depreciation, amortization and accretion expense 10,903 Total operating expenses 61,653 Gain (loss) on sale of assets, net 80 Interest expense (8,507 ) Earnings in unconsolidated affiliates 11,647 Income tax (expense) benefit (540 ) Net income (loss) (3,591 ) Less: Net income (loss) attributable to noncontrolling interests 992 Net income (loss) attributable to the Partnership $ (4,583 ) Segment gross margin (a) $ 20,605 $ 7,593 $ 4,093 $ 32,291 (a) Segment gross margin for our Gathering and Processing segment consists of total revenue plus unrealized losses on commodity derivatives of $0.5 million and loss on construction and operating management agreement ("COMA") of less than $0.1 million , less purchases of natural gas, NGLs and condensate. Segment gross margin for our Transmission segment consists of total revenue less COMA income of less than $0.1 million and purchases of natural gas, NGLs and condensate. Segment gross margin for our Terminals segment consists of total revenue less direct operating expenses. Three months ended June 30, 2015 Gathering and Processing Transmission Terminals Total Revenue $ 50,439 $ 12,423 $ 4,336 $ 67,198 Gain (loss) on commodity derivatives, net 311 — — 311 Total revenue 50,750 12,423 4,336 67,509 Operating expenses: Purchases of natural gas, NGL's and condensate 30,272 3,062 — 33,334 Direct operating expenses 9,130 3,253 1,584 13,967 Selling, general and administrative expenses 5,571 Equity compensation expense 550 Depreciation, amortization and accretion expense 9,250 Total operating expenses 62,672 Gain (loss) on sale of assets, net (2,970 ) Interest expense (3,556 ) Earnings in unconsolidated affiliate 4 Income tax (expense) benefit (317 ) Income (loss) from discontinued operations, net of tax (31 ) Net income (loss) (2,033 ) Less: Net income (loss) attributable to noncontrolling interests 32 Net income (loss) attributable to the Partnership $ (2,065 ) Segment gross margin (a) $ 20,219 $ 9,333 $ 2,752 $ 32,304 (a) Segment gross margin for our Gathering and Processing segment consists of total revenue less (i) unrealized gains on commodity derivatives of $0.1 million , (ii) COMA income of $0.2 million and (iii) purchases of natural gas, NGLs and condensate. (b) Segment gross margin for our Transmission segment consists of total revenue less COMA income of less than $0.1 million and purchases of natural gas, NGLs and condensate. Segment gross margin for our Terminals segment consists of total revenue less direct operating expenses. Six months ended June 30, 2016 Gathering and Processing Transmission Terminals Total Revenue $ 72,928 $ 18,967 $ 10,376 $ 102,271 Gain (loss) on commodity derivatives, net (867 ) (2 ) — (869 ) Total revenue 72,061 18,965 10,376 101,402 Operating expenses: Purchases of natural gas, NGL's and condensate 36,412 2,602 — 39,014 Direct operating expenses 21,234 6,266 3,212 30,712 Selling, general and administrative expenses 19,966 Equity compensation expense 2,109 Depreciation, amortization and accretion expense 20,997 Total operating expenses 112,798 Gain (loss) on sale of assets, net 90 Interest expense (14,379 ) Earnings in unconsolidated affiliates 18,990 Income tax (expense) benefit (860 ) Net income (loss) (7,555 ) Less: Net income (loss) attributable to noncontrolling interests 979 Net income (loss) attributable to the Partnership $ (8,534 ) Segment gross margin (a) $ 36,336 $ 16,348 $ 7,164 $ 59,848 (a) Segment gross margin for our Gathering and Processing segment consists of total revenue plus unrealized losses on commodity derivatives of $0.6 million and loss on COMA of $0.1 million , less purchases of natural gas, NGLs and condensate. (b) Segment gross margin for our Transmission segment consists of total revenue less COMA income of less than $0.1 million and purchases of natural gas, NGLs and condensate. Segment gross margin for our Terminals segment consists of total revenue less direct operating expenses. Six months ended June 30, 2015 Gathering and Processing Transmission Terminals Total Revenue $ 98,888 $ 24,171 $ 8,601 $ 131,660 Gain (loss) on commodity derivatives, net 458 — — 458 Total revenue 99,346 24,171 8,601 132,118 Operating expenses: Purchases of natural gas, NGL's and condensate 57,590 4,721 — 62,311 Direct operating expenses 18,223 6,432 3,179 27,834 Selling, general and administrative expenses 12,506 Equity compensation expense 2,248 Depreciation, amortization and accretion expense 18,939 Total operating expenses 123,838 Gain (loss) on sale of assets, net (2,978 ) Interest expense (6,166 ) Earnings in unconsolidated affiliates 171 Income tax (expense) benefit (473 ) Income (loss) from discontinued operations, net of tax (26 ) Net income (loss) (1,192 ) Less: Net income (loss) attributable to noncontrolling interests 46 Net income (loss) attributable to the Partnership $ (1,238 ) Segment gross margin (a) $ 41,265 $ 19,394 $ 5,422 $ 66,081 (a) Segment gross margin for our Gathering and Processing segment consists of total revenue less (i) unrealized gains on commodity derivatives of $0.1 million , (ii) COMA income of $0.4 million and (iii) purchases of natural gas, NGLs and condensate. Segment gross margin for our Transmission segment consists of total revenue less COMA income of $0.1 million and purchases of natural gas, NGLs and condensate. Segment gross margin for our Terminals segment consists of total revenue less direct operating expenses. A reconciliation of total assets by segment to the amounts included in the condensed consolidated balance sheets follows: June 30, December 31, 2016 2015 Segment assets: Gathering and Processing $ 586,782 $ 572,824 Transmission 151,518 133,870 Terminals 94,790 84,449 Other (a) 317,878 100,153 Total assets $ 1,150,968 $ 891,296 (a) Other assets not allocable to segments consist of investment in unconsolidated affiliates, corporate leasehold improvements and other assets. |