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QUARTERLY FINANCIAL DATA (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]  
Summary of Quarterly Financial Data
The following table summarizes quarterly financial data for 2018 and 2017. Alpine High Midstream was identified as the accounting acquirer in the Business Combination. As a result, the financial statements information provided in the table below reflects (i) the historical operating results of Alpine High Midstream prior to the Business Combination; (ii) the consolidated results of the Company and Alpine High Midstream following the closing of the Business Combination; and (iii) the Company’s equity structure for all periods presented.
For further information on the presentation of financial information, the Business Combination, and the calculation of earnings per share data, please refer to Note 1 — Summary of Significant Accounting Policies, Note 2 — Recapitalization Transaction, and Note 12 — Net Loss Per Share.
 
 
First
 
Second
 
Third
 
Fourth
 
 
(In thousands, except per common share data)
2018
 
 
 
 
 
 
 
 
Midstream service revenue - Affiliate and other
 
$
12,099

 
$
12,517

 
$
25,437

 
$
28,305

Net income (loss) before income taxes
 
(7,570
)
 
(7,468
)
 
284

 
4,014

Net income (loss) attributable to Class A common shareholders
 
(12,607
)
 
(11,621
)
 
19,208

 
632

Net income (loss) attributable to Class A common shareholders, per share:
 
 
 
 
 
 
 
 
Basic
 
$
(0.09
)
 
$
(0.06
)
 
$
0.09

 
$
0.004

Diluted
 
(0.09
)
 
(0.06
)
 
0.09

 
0.004
 
 
 
 
 
 
 
 
 
2017
 
 
 
 
 
 
 
 
Midstream service revenue - Affiliate

 
$

 
$
1,570

 
$
5,368

 
$
8,204

Net loss before income taxes
 

 
(2,129
)
 
(3,354
)
 
(6,051
)
Net loss attributable to Class A common shareholders
 

 
(2,429
)
 
(3,828
)
 
(12,318
)
Net loss attributable to Class A common shareholders, per share:
 
 
 
 
 
 
 
 
Basic
 
$

 
$
(0.05
)
 
$
(0.05
)
 
$
(0.11
)
Diluted
 

 
(0.05
)
 
(0.05
)
 
(0.11
)