Equity Method Investments (Tables)

12 Months Ended

Dec. 31, 2017

Equity Method Investments and Joint Ventures [Abstract]

Summary of Financial Information of KTIPI

Below is a summary of financial information for KTIPI.

	December 31,
	2017
	(In thousands)
Assets
Total current assets	$	179,070
Property and equipment, net	345,611
Other assets	567
Total assets	$	525,248
Liabilities and shareholders' equity
Total current liabilities	$	106,769
Total long term liabilities	565,591
Shareholders' equity:
Total shareholders' equity	(147,112		)
Total liabilities and shareholders' equity	$	525,248

	Period November 28, 2017 through December 31, 2017
Revenues and other income:
Oil and gas revenue	$	54,615
Other income	294
Total revenues and other income	54,909
Costs and expenses:
Oil and gas production	15,509
Depletion and depreciation	10,738
Other expenses, net	(19		)
Total costs and expenses	26,228
Income before income taxes	28,681
Income tax expense	6,588
Net income	$	22,093
Kosmos' share of net income	$	11,046
Basis difference amortization(1)	5,812
Equity in earnings - KTIPI	$	5,234

______________________________________

(1) The basis difference, which is associated with oil and gas properties and subject to amortization, has been allocated to the Ceiba Field and Okume Complex. We amortize the basis difference using the unit-of-production method.