| Dec'19 | Dec'18 | Dec'17 | Dec'16 | |||
|---|---|---|---|---|---|---|
Revenue: | ||||||
Amortization of customer relationships | ||||||
57,010 | - | - | - | |||
Total revenue | ||||||
792,588 | 142,906 | 69,720 | 16,944 | |||
Operating expenses: | ||||||
Direct operating | ||||||
195,818 | - | - | - | |||
General and administrative (including $11,423 and $3,338 of equity-based compensation in 2019 and 2020, respectively) | ||||||
118,113 | 8,740 | 6,201 | 814 | |||
Facility idling | ||||||
11,401 | - | - | - | |||
Impairment of goodwill | ||||||
340,350 | - | - | - | |||
Impairment of property and equipment | ||||||
409,739 | - | - | - | |||
Impairment of customer relationships | ||||||
11,871 | - | - | - | |||
Depreciation | ||||||
95,526 | - | - | - | |||
Accretion and change in fair value of contingent acquisition consideration | ||||||
8,076 | - | - | - | |||
Accretion of asset retirement obligations | ||||||
187 | - | - | - | |||
Equity-based compensation | ||||||
- | 35,111 | 34,933 | - | |||
Total operating expenses | ||||||
1,191,081 | 43,851 | 41,134 | 814 | |||
Operating income (loss) | ||||||
-398,493 | 99,055 | 28,586 | 16,130 | |||
Interest expense, net | ||||||
-110,402 | -136 | - | - | |||
Equity in earnings of unconsolidated affiliates | ||||||
51,315 | 142,906 | 69,720 | 16,944 | |||
Income (loss) before income taxes | ||||||
-457,580 | 98,919 | 28,586 | 16,130 | |||
Provision for income tax benefit | ||||||
-102,466 | 32,311 | 26,261 | 6,419 | |||
Net income (loss) and comprehensive income (loss) | ||||||
-355,114 | 66,608 | 2,325 | 9,711 | |||
Less net income attributable to Series B Units | ||||||
- | 5,236 | 784 | - | |||
Net income (loss) and comprehensive income (loss) | ||||||
- | - | 4,939 | - | |||
Net income attributable to common shareholders | ||||||
- | 61,372 | 6,480 | - | |||
Net income (loss) per share-basic and diluted | ||||||
-0.80 | 0.33 | 0.03 | - | |||
Weighted average common shares outstanding: | ||||||
Basic | ||||||
442,640 | - | - | - | |||
Diluted | ||||||
442,640 | - | - | - | |||
Weighted average limited partner units outstanding - basic | ||||||
442,640 | - | - | - | |||
Weighted average number of common shares outstanding - basic and diluted | ||||||
- | 186,203 | 186,176 | - | |||
Natural Gas, Gathering, Transportation, Marketing and Processing - Affiliate | ||||||
Revenue | ||||||
543,538 | - | - | - | |||
Natural Gas Water Handling and Treatment - Affiliate | ||||||
Revenue | ||||||
306,010 | - | - | - | |||
Natural Gas Water Handling and Treatment | ||||||
Revenue | ||||||
50 | - | - | - | |||