In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 |
| 10-K | 10-K | 10-K | 10-K | 10-K | S-1/A |
Revenues: | | | | | | |
Revenues | 396.3 | 423.9 | 447.7 | 184.5 | 39.3 | 10.6 |
Revenues growth | -6.5% | -5.3% | 142.7% | 369.4% | 270.5% | |
Costs and expenses: | | | | | | |
Direct operating expenses | 102.9 | 131.4 | 106.3 | 106.3 | 10.6 | 2.5 |
Cost of goods sold (exclusive of depreciation and amortization) | 43.5 | 38.4 | 62.9 | 38.9 | | |
Real estate operating expenses | 2.2 | 2.4 | 2.6 | 1.9 | | |
Depreciation, amortization and accretion | 49.2 | 53.1 | 42.3 | 25.1 | 3.5 | |
Impairment and abandonments | 3.4 | 0.9 | | | | |
General and administrative expenses | 21.6 | 16.4 | 12.7 | 2.0 | 1.3 | |
(Gain) loss on disposal of assets | 5.0 | -0.7 | 1.5 | 2.6 | | |
Total costs and expenses | 227.8 | 241.8 | 228.3 | 240.1 | 15.3 | 3.6 |
Income (loss) from operations | 168.6 | 182.1 | 219.3 | 80.3 | 24.0 | 7.0 |
Operating margin | 42.5% | 43.0% | 49.0% | 43.5% | 61.0% | |
|
Other income (expense): | | | | | | |
Interest income (expense), net | -32.1 | -17.3 | -1.0 | | | |
Gain (loss) on sale of equity method investments | 23.0 | | | | | |
Income (loss) from equity method investments | -14.8 | 9.9 | 6.3 | | 1.4 | 0.7 |
Total other income (expense), net | 5.7 | -27.2 | -7.4 | | 1.4 | |
Net income (loss) before income taxes | 174.3 | 154.9 | 212.0 | 80.3 | 25.4 | |
Provision for (benefit from) income taxes | 10.5 | 10.2 | 26.3 | 17.4 | 4.7 | 2.8 |
Net income (loss) | 163.8 | 144.7 | 185.7 | 63.0 | 20.7 | |
Less: Net income (loss) attributable to non-controlling interest | 127.0 | 110.0 | 90.9 | | | |
Net income (loss) attributable to Rattler Midstream LP | 36.8 | 34.7 | 28.8 | | | 4.9 |
|
Net income (loss) attributable to limited partners per common unit: | | | | | | |
Basic (in dollars per share) | $0.86 | $0.74 | $0.64 | | | |
Diluted (in dollars per share) | $0.86 | $0.74 | $0.64 | | | |
|
Weighted average number of limited partner common units outstanding: | | | | | | |
Basic (in shares) | 40.7 | 43.7 | | | | |
Diluted (in shares) | 40.7 | 43.7 | | | | |