| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Dec'17 | Sep'17 | Jun'17 | Mar'17 | Mar'16 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue: | |||||||||||||
Amortization of customer relationships | |||||||||||||
72,834 | 57,010 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Total revenue | |||||||||||||
982,188 | 792,588 | 591,337 | 380,687 | 0 | - | 123,186 | 104,437 | - | 69,720 | 0 | 0 | 0 | 0 |
Operating expenses: | |||||||||||||
Direct operating | |||||||||||||
229,564 | 195,818 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - |
General and administrative (including $11,423 and $3,338 of equity-based compensation in 2019 and 2020, respectively) | |||||||||||||
111,841 | 118,113 | 79,579 | 51,213 | 18,989 | 8,740 | 14,466 | 12,852 | 13,657 | 6,201 | 0 | 0 | 0 | 0 |
Facility idling | |||||||||||||
0 | - | 0 | - | - | - | - | - | - | - | - | - | - | - |
Impairment of goodwill | |||||||||||||
0 | - | 0 | - | - | - | - | - | - | - | - | - | - | - |
Impairment of property and equipment | |||||||||||||
0 | - | 0 | 0 | - | - | - | - | - | - | - | - | - | - |
Impairment of customer relationships | |||||||||||||
- | - | 0 | - | - | - | - | - | - | - | - | - | - | - |
Depreciation | |||||||||||||
115,219 | 95,526 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Accretion and change in fair value of contingent acquisition consideration | |||||||||||||
- | 8,076 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Accretion of asset retirement obligations | |||||||||||||
219 | 187 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Equity-based compensation | |||||||||||||
- | - | - | - | - | - | 34,982 | 34,725 | - | 34,933 | 0 | 0 | 0 | - |
Total operating expenses | |||||||||||||
1,910,453 | 1,191,081 | 771,390 | 204,309 | 77,791 | 43,851 | 40,813 | 38,942 | 40,267 | 41,134 | 0 | 0 | 0 | 0 |
Operating income (loss) | |||||||||||||
-928,265 | -398,493 | -145,924 | 215,178 | 119,223 | 99,055 | 49,224 | 24,705 | 0 | - | 0 | 0 | - | - |
Interest expense, net | |||||||||||||
-141,816 | -110,402 | -73,940 | -37,824 | 0 | - | 0 | 0 | - | - | - | - | - | - |
Equity in earnings of unconsolidated affiliates | |||||||||||||
67,512 | 51,315 | 78,473 | 97,811 | 117,333 | 142,906 | 123,186 | 104,437 | 86,620 | 69,720 | 0 | 0 | 0 | 0 |
Income (loss) before income taxes | |||||||||||||
-1,002,569 | -457,580 | -213,318 | 165,372 | 87,297 | 98,919 | 82,287 | 65,477 | 46,353 | 28,586 | 0 | 0 | 0 | 0 |
Provision for income tax benefit | |||||||||||||
-244,874 | -102,466 | -11,975 | 59,210 | 36,022 | 32,311 | 18,984 | 17,224 | 15,748 | 26,261 | 0 | 0 | 0 | 0 |
Net income (loss) and comprehensive income (loss) | |||||||||||||
0 | - | - | - | 63,451 | 66,608 | 48,198 | 26,909 | 0 | - | 0 | 0 | - | - |
Less net income attributable to Series B Units | |||||||||||||
- | - | - | - | - | 5,236 | 2,301 | 0 | 0 | 0 | - | - | - | - |
Net income (loss) and comprehensive income (loss) | |||||||||||||
- | - | 0 | 0 | - | - | - | - | 0 | 0 | - | 0 | - | - |
Net income attributable to common shareholders | |||||||||||||
- | - | - | - | - | - | 48,826 | 34,374 | - | 3,181 | 0 | 0 | 0 | 0 |
Net income (loss) per share-basic and diluted | |||||||||||||
-0.81 | -0.41 | -0.57 | 0.14 | 0.04 | 0.10 | 0.09 | 0.07 | 0.07 | 0.03 | 0.02 | -0.01 | - | - |
Weighted average common shares outstanding: | |||||||||||||
Basic | |||||||||||||
483,103 | 503,448 | 506,419 | 506,816 | 253,877 | - | 186 | - | 186,188 | - | 186 | - | - | - |
Diluted | |||||||||||||
483,103 | 501,471 | 506,419 | 507,767 | 254,903 | - | 186,208 | - | 186,188 | - | 191,175 | - | - | - |
Weighted average number of common shares outstanding - basic and diluted | |||||||||||||
- | - | - | - | - | - | - | 186 | - | - | - | 186 | - | - |
Natural Gas, Gathering, Transportation, Marketing and Processing - Affiliate | |||||||||||||
Revenue | |||||||||||||
673,133 | 543,538 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Natural Gas Water Handling and Treatment - Affiliate | |||||||||||||
Revenue | |||||||||||||
381,843 | 306,010 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Natural Gas Water Handling and Treatment | |||||||||||||
Revenue | |||||||||||||
- | 50 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - |