PROPERTY, PLANT AND EQUIPMENT

3 Months Ended

Mar. 31, 2019

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment, at carrying value, is as follows:

	March 31,			December 31,
	2019			2018
	(In thousands)
Gathering, processing and transmission systems and facilities	$	824,687		$	729,585
Construction in progress (1)	528,837			521,609
Finance lease asset	34,749			—
Other property and equipment	3,068			23
Total property, plant and equipment	1,391,341			1,251,217
Less: accumulated depreciation and amortization	(31,608		)	(24,320		)
Total property, plant and equipment, net	$	1,359,733		$	1,226,897

(1) Included in the Company’s construction in progress is capitalized interest of $5.4 million and $6.9 million at March 31, 2019 and December 31, 2018, respectively.

The cost of property classified as “Construction in progress” is excluded from capitalized costs being depreciated. These amounts represent property that is not yet available to be placed into productive service as of the respective balance sheet date.