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QEP Midstream Partners LP (FRA:1QM) Buildings And Improvements : €0.0 Mil (As of Mar. 2015)


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What is QEP Midstream Partners LP Buildings And Improvements?


QEP Midstream Partners LP Buildings And Improvements Historical Data

The historical data trend for QEP Midstream Partners LP's Buildings And Improvements can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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QEP Midstream Partners LP Buildings And Improvements Chart

QEP Midstream Partners LP Annual Data
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QEP Midstream Partners LP Quarterly Data
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QEP Midstream Partners LP Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction.  Broker and architect fees, permits, etc. can be covered within this category.  Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized.  Improvements are commonly recorded at acquisition cost.  Building improvement examples include roofing, remodeling, replacements, etc.


QEP Midstream Partners LP (FRA:1QM) Business Description

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QEP Midstream Partners LP provides gathering, compression and transportation services to producers and users of natural gas and crude oil. Its assets consist of ownership interests in four gathering systems and two FERC-regulated pipelines. Its assets are located in the Green River Basin located in Wyoming and Colorado, the Uinta Basin located in eastern Utah, and the portion of the Williston Basin located in North Dakota. The company derives revenues from the fee-based agreements.

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