as such , wes assets acquired from anadarko were initially recorded at anadarko 's historic carrying value , which did not correlate to the total acquisition price paid by wes ( see note 2—acquisitions in the notes to consolidated financial statements under item 8 of this form 10-k ) . further , after an acquisition of wes assets from anadarko , we , by virtue of our consolidation of wes , may be required to recast our financial statements to include the activities of such wes assets from date of common control . for those periods requiring recast , the consolidated financial statements for periods prior to the acquisition of wes assets from anadarko , have been prepared from anadarko 's historical cost-basis accounts and may not necessarily be indicative of the actual results of operations that would have occurred if wes had owned the wes assets during the periods reported . for ease of reference , we refer to the historical financial results of the wes assets prior to the acquisitions from anadarko as being “ our ” historical financial results . the following discussion analyzes our financial condition and results of operations and should be read in conjunction with our consolidated financial statements and notes to consolidated financial statements , in which western gas partners , lp is fully consolidated , which are included in item 8 of this form 10-k 75 executive summary we were formed by anadarko in september 2012 by converting wgr holdings , llc into an mlp and changing its name to western gas equity partners , lp . we closed our initial public offering “ ipo ” in december 2012 and own wes gp and a significant limited partner interest in wes , a growth-oriented delaware mlp organized by anadarko to own , operate , acquire and develop midstream energy assets . our consolidated financial statements include the consolidated financial results of wes due to our 100 % ownership interest in wes gp and wes gp 's control of wes . our only cash-generating assets consist of our partnership interests in wes , and we currently have no independent operations . wes currently owns or has investments in assets located in the rocky mountains ( colorado , utah and wyoming ) , the mid-continent ( kansas and oklahoma ) , north-central pennsylvania and texas , and is engaged in the business of gathering , processing , compressing , treating and transporting natural gas , condensate , ngls and crude oil for anadarko , as well as for third-party producers and customers . as of december 31 , 2014 , wes 's assets and investments accounted for under the equity method consisted of the following : replace_table_token_13_th significant financial and operational highlights during the year ended december 31 , 2014 included the following : we raised our distribution to $ 0.31250 per unit for the fourth quarter of 2014 , representing a 7 % increase over the distribution for the third quarter of 2014 and a 35 % increase over the distribution for the fourth quarter of 2013 . wes completed the acquisition of dbm from a third party . dbm 's assets serve production from reeves , loving and culberson counties , texas and eddy and lea counties , new mexico . see acquisitions under items 1 and 2 of this form 10-k for additional information . wes issued 10,913,853 class c units to a subsidiary of anadarko , at a price of $ 68.72 per unit , generating proceeds of $ 750.0 million , all of which was used to fund a portion of the acquisition of dbm . wes issued 8,620,153 common units to the public , generating net proceeds of $ 603.0 million , including wes gp 's proportionate capital contribution , part of which was used to fund a portion of the acquisition of dbm . wes issued 1,133,384 common units to the public under its continuous offering program ( as defined and discussed in registered securities within this item 7 ) , generating net proceeds of $ 83.2 million , including wes gp 's proportionate capital contribution . net proceeds were used for general partnership purposes , including funding capital expenditures . see equity offerings under items 1 and 2 of this form 10-k for additional information . in april 2014 , wes completed construction and commenced operations of the 300 mmcf/d train i at the lancaster plant ( located in the dj basin complex ) in northeast colorado . wes is currently constructing the 300 mmcf/d train ii at the same plant , with operations expected to commence in the second quarter of 2015 . 76 wes issued $ 400.0 million aggregate principal amount of 5.450 % senior notes due 2044 and an additional $ 100.0 million aggregate principal amount of 2.600 % senior notes due 2018. net proceeds were used to repay amounts then outstanding under the wes rcf . see liquidity and capital resources within this item 7 for additional information . wes completed the acquisition of anadarko 's 20 % interests in teg and tep , and its 33.33 % interest in frp . see acquisitions under items 1 and 2 of this form 10-k for additional information . wes entered into an amended and restated $ 1.2 billion ( expandable to $ 1.5 billion ) senior unsecured wes rcf replacing the $ 800.0 million wes credit facility . see liquidity and capital resources within this item 7 for additional information . wes raised its distribution to $ 0.70 per unit for the fourth quarter of 2014 , representing a 4 % increase over the distribution for the third quarter of 2014 and a 17 % increase over the distribution for the fourth quarter of 2013 . throughput attributable to wes for natural gas assets totaled 3,493 mmcf/d for the year ended december 31 , 2014 , representing a 9 % increase compared to the year ended december 31 , 2013 . story_separator_special_tag ( 4 ) for the year ended december 31 , 2013 , includes capitalized interest of $ 1.4 million for the construction of the mont belvieu jv fractionation trains , reflected as a component of the equity investment balance . for the year ended december 31 , 2012 , excludes $ 0.6 million of pre-acquisition capitalized interest attributable to the non-operated marcellus interest systems . ( 5 ) excludes income of $ 0.5 million for the year ended december 31 , 2014 , and $ 1.6 million for each of the years ended december 31 , 2013 and 2012 , related to a component of a gas processing agreement accounted for as a capital lease . ( 6 ) reflects wes cash distributions of $ 2.65 per unit declared for the year ended december 31 , 2014 . see note 3—partnership distributions in the notes to consolidated financial statements under item 8 of this form 10-k. 83 items affecting the comparability of financial results our consolidated financial statements include the consolidated financial results of wes due to our 100 % ownership interest in wes gp and wes gp 's control of wes . our only cash-generating assets consist of our partnership interests in wes , and we currently have no independent operations . as a result , our results of operations do not differ materially from the results of operations and cash flows of wes , which are reconciled below . income taxes . prior to our conversion from wgr holdings , llc to a limited partnership in september 2012 , we were a single-member limited liability company . the separate existence of a limited liability company is disregarded for u.s. federal income tax purposes , resulting in the treatment of wgr holdings , llc as a division of anadarko and its inclusion in anadarko 's consolidated income tax return for federal and state tax purposes . the income tax expense recorded on the financial statements of wgr holdings , llc , and now included in our consolidated financial statements , reflects our income tax expense and liability on a separate-return basis . the deferred federal and state income taxes included in our consolidated financial statements are primarily attributable to the temporary differences between the financial statement carrying amount of our investment in wes and our outside tax basis with respect to our partnership interests in wes . when determining the deferred income tax asset and liability balances attributable to our partnership interests in wes , we applied an accounting policy that looks through our investment in wes . the application of such accounting policy resulted in no deferred income taxes being created on the difference between the book and tax basis on the non-tax deductible goodwill portion of our investment in wes in our consolidated financial statements . upon the completion of our ipo in december 2012 , we became a publicly traded limited partnership for u.s. federal and state income tax purposes and therefore are not subject to u.s. federal and state income taxes , except for texas margin tax . general and administrative expenses . as a separate publicly traded partnership , we incur general and administrative expenses which are separate from , and in addition to , those incurred by wes . in connection with our ipo in december 2012 , we entered into an omnibus agreement with wgp gp and anadarko that governs the following : ( i ) our obligation to reimburse anadarko for expenses incurred or payments made on our behalf in conjunction with anadarko 's provision of general and administrative services to us , including our public company expenses and general and administrative expenses ; ( ii ) our obligation to pay anadarko , in quarterly installments , an administrative services fee of $ 250,000 per year ( subject to an annual increase as described in the agreement ) ; and ( iii ) our obligation to reimburse anadarko for all insurance coverage expenses it incurs or payments it makes on our behalf . the following table summarizes the amounts we reimbursed to anadarko , separate from , and in addition to , those reimbursed by wes : replace_table_token_17_th noncontrolling interests . the interests in chipeta held by a third party member and prior to august 1 , 2012 , the 24 % membership interest in chipeta held by anadarko , are already reflected as noncontrolling interests as in wes 's consolidated financial statements . in addition , the limited partner interests in wes held by other subsidiaries of anadarko and the public are reflected as noncontrolling interests in the consolidated financial statements ( see note 1—summary of significant accounting policies in the notes to consolidated financial statements under item 8 of this form 10-k for further information ) . the difference between the carrying value of wgp 's investment in wes and the underlying book value of common units issued by wes is accounted for as an equity transaction . thus , if wes issues common units at a price different than wgp 's per-unit carrying value , any resulting change in the carrying value of wgp 's investment in wes is reflected as an adjustment to partners ' capital . 84 distributions . our partnership agreement requires that we distribute all of our available cash ( as defined in our partnership agreement ) within 55 days after the end of each quarter . our only cash-generating assets are our partnership interests in wes , consisting of general partner units , common units and incentive distribution rights , on which we expect to receive quarterly distributions from wes . our cash flow and resulting ability to make cash distributions are therefore completely dependent upon wes 's ability to make cash distributions with respect to our partnership interests in wes . generally , our available cash is our cash on hand at the end of a quarter after the payment of our expenses and the establishment of cash reserves and cash on

debt and credit facilities . at december 31 , 2014 , wes 's debt consisted of $ 500.0 million aggregate principal amount of 5.375 % senior notes due 2021 ( the “ 2021 notes ” ) , $ 670.0 million aggregate principal amount of 4.000 % senior notes due 2022 ( the “ 2022 notes ” ) , $ 350.0 million aggregate principal amount of 2.600 % senior notes due 2018 ( the “ 2018 notes ” ) , $ 400.0 million aggregate principal amount of 5.450 % senior notes due 2044 ( the “ 2044 notes ” ) , and $ 510.0 million of borrowings outstanding under the wes rcf . the two tranches of the 2022 notes , issued in june and october 2012 , were issued under the same indenture and are considered a single class of securities . the two tranches of the 2018 notes , issued in august 2013 and march 2014 , were issued under the same indenture and are considered a single class of securities . as of december 31 , 2014 , the carrying value of wes 's outstanding debt consisted of $ 495.7 million of 2021 notes , $ 672.9 million of 2022 notes , $ 350.5 million of 2018 notes , $ 393.8 million of 2044 notes and $ 510.0 million of borrowings under the wes rcf . see note 13—debt and interest expense in the notes to consolidated financial statements under item 8 of this form 10-k. wes senior notes . the 2044 notes issued in march 2014 were offered at a price to the public of 98.443 % of the face amount . including the effects of the issuance and underwriting discounts , the effective interest rate of the 2044 notes is 5.633


 Write a concise suspicious activity report of the following text delimited by triple backquotes. Return your response as a formal report which covers the key points highlighting the location,dates,entity names and account holder information in chronological order of the text.
     ```debt and credit facilities . at december 31 , 2014 , wes 's debt consisted of $ 500.0 million aggregate principal amount of 5.375 % senior notes due 2021 ( the “ 2021 notes ” ) , $ 670.0 million aggregate principal amount of 4.000 % senior notes due 2022 ( the “ 2022 notes ” ) , $ 350.0 million aggregate principal amount of 2.600 % senior notes due 2018 ( the “ 2018 notes ” ) , $ 400.0 million aggregate principal amount of 5.450 % senior notes due 2044 ( the “ 2044 notes ” ) , and $ 510.0 million of borrowings outstanding under the wes rcf . the two tranches of the 2022 notes , issued in june and october 2012 , were issued under the same indenture and are considered a single class of securities . the two tranches of the 2018 notes , issued in august 2013 and march 2014 , were issued under the same indenture and are considered a single class of securities . as of december 31 , 2014 , the carrying value of wes 's outstanding debt consisted of $ 495.7 million of 2021 notes , $ 672.9 million of 2022 notes , $ 350.5 million of 2018 notes , $ 393.8 million of 2044 notes and $ 510.0 million of borrowings under the wes rcf . see note 13—debt and interest expense in the notes to consolidated financial statements under item 8 of this form 10-k. wes senior notes . the 2044 notes issued in march 2014 were offered at a price to the public of 98.443 % of the face amount . including the effects of the issuance and underwriting discounts , the effective interest rate of the 2044 notes is 5.633
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 Suspicious Activity Report : as such , wes assets acquired from anadarko were initially recorded at anadarko 's historic carrying value , which did not correlate to the total acquisition price paid by wes ( see note 2—acquisitions in the notes to consolidated financial statements under item 8 of this form 10-k ) . further , after an acquisition of wes assets from anadarko , we , by virtue of our consolidation of wes , may be required to recast our financial statements to include the activities of such wes assets from date of common control . for those periods requiring recast , the consolidated financial statements for periods prior to the acquisition of wes assets from anadarko , have been prepared from anadarko 's historical cost-basis accounts and may not necessarily be indicative of the actual results of operations that would have occurred if wes had owned the wes assets during the periods reported . for ease of reference , we refer to the historical financial results of the wes assets prior to the acquisitions from anadarko as being “ our ” historical financial results . the following discussion analyzes our financial condition and results of operations and should be read in conjunction with our consolidated financial statements and notes to consolidated financial statements , in which western gas partners , lp is fully consolidated , which are included in item 8 of this form 10-k 75 executive summary we were formed by anadarko in september 2012 by converting wgr holdings , llc into an mlp and changing its name to western gas equity partners , lp . we closed our initial public offering “ ipo ” in december 2012 and own wes gp and a significant limited partner interest in wes , a growth-oriented delaware mlp organized by anadarko to own , operate , acquire and develop midstream energy assets . our consolidated financial statements include the consolidated financial results of wes due to our 100 % ownership interest in wes gp and wes gp 's control of wes . our only cash-generating assets consist of our partnership interests in wes , and we currently have no independent operations . wes currently owns or has investments in assets located in the rocky mountains ( colorado , utah and wyoming ) , the mid-continent ( kansas and oklahoma ) , north-central pennsylvania and texas , and is engaged in the business of gathering , processing , compressing , treating and transporting natural gas , condensate , ngls and crude oil for anadarko , as well as for third-party producers and customers . as of december 31 , 2014 , wes 's assets and investments accounted for under the equity method consisted of the following : replace_table_token_13_th significant financial and operational highlights during the year ended december 31 , 2014 included the following : we raised our distribution to $ 0.31250 per unit for the fourth quarter of 2014 , representing a 7 % increase over the distribution for the third quarter of 2014 and a 35 % increase over the distribution for the fourth quarter of 2013 . wes completed the acquisition of dbm from a third party . dbm 's assets serve production from reeves , loving and culberson counties , texas and eddy and lea counties , new mexico . see acquisitions under items 1 and 2 of this form 10-k for additional information . wes issued 10,913,853 class c units to a subsidiary of anadarko , at a price of $ 68.72 per unit , generating proceeds of $ 750.0 million , all of which was used to fund a portion of the acquisition of dbm . wes issued 8,620,153 common units to the public , generating net proceeds of $ 603.0 million , including wes gp 's proportionate capital contribution , part of which was used to fund a portion of the acquisition of dbm . wes issued 1,133,384 common units to the public under its continuous offering program ( as defined and discussed in registered securities within this item 7 ) , generating net proceeds of $ 83.2 million , including wes gp 's proportionate capital contribution . net proceeds were used for general partnership purposes , including funding capital expenditures . see equity offerings under items 1 and 2 of this form 10-k for additional information . in april 2014 , wes completed construction and commenced operations of the 300 mmcf/d train i at the lancaster plant ( located in the dj basin complex ) in northeast colorado . wes is currently constructing the 300 mmcf/d train ii at the same plant , with operations expected to commence in the second quarter of 2015 . 76 wes issued $ 400.0 million aggregate principal amount of 5.450 % senior notes due 2044 and an additional $ 100.0 million aggregate principal amount of 2.600 % senior notes due 2018. net proceeds were used to repay amounts then outstanding under the wes rcf . see liquidity and capital resources within this item 7 for additional information . wes completed the acquisition of anadarko 's 20 % interests in teg and tep , and its 33.33 % interest in frp . see acquisitions under items 1 and 2 of this form 10-k for additional information . wes entered into an amended and restated $ 1.2 billion ( expandable to $ 1.5 billion ) senior unsecured wes rcf replacing the $ 800.0 million wes credit facility . see liquidity and capital resources within this item 7 for additional information . wes raised its distribution to $ 0.70 per unit for the fourth quarter of 2014 , representing a 4 % increase over the distribution for the third quarter of 2014 and a 17 % increase over the distribution for the fourth quarter of 2013 . throughput attributable to wes for natural gas assets totaled 3,493 mmcf/d for the year ended december 31 , 2014 , representing a 9 % increase compared to the year ended december 31 , 2013 . story_separator_special_tag ( 4 ) for the year ended december 31 , 2013 , includes capitalized interest of $ 1.4 million for the construction of the mont belvieu jv fractionation trains , reflected as a component of the equity investment balance . for the year ended december 31 , 2012 , excludes $ 0.6 million of pre-acquisition capitalized interest attributable to the non-operated marcellus interest systems . ( 5 ) excludes income of $ 0.5 million for the year ended december 31 , 2014 , and $ 1.6 million for each of the years ended december 31 , 2013 and 2012 , related to a component of a gas processing agreement accounted for as a capital lease . ( 6 ) reflects wes cash distributions of $ 2.65 per unit declared for the year ended december 31 , 2014 . see note 3—partnership distributions in the notes to consolidated financial statements under item 8 of this form 10-k. 83 items affecting the comparability of financial results our consolidated financial statements include the consolidated financial results of wes due to our 100 % ownership interest in wes gp and wes gp 's control of wes . our only cash-generating assets consist of our partnership interests in wes , and we currently have no independent operations . as a result , our results of operations do not differ materially from the results of operations and cash flows of wes , which are reconciled below . income taxes . prior to our conversion from wgr holdings , llc to a limited partnership in september 2012 , we were a single-member limited liability company . the separate existence of a limited liability company is disregarded for u.s. federal income tax purposes , resulting in the treatment of wgr holdings , llc as a division of anadarko and its inclusion in anadarko 's consolidated income tax return for federal and state tax purposes . the income tax expense recorded on the financial statements of wgr holdings , llc , and now included in our consolidated financial statements , reflects our income tax expense and liability on a separate-return basis . the deferred federal and state income taxes included in our consolidated financial statements are primarily attributable to the temporary differences between the financial statement carrying amount of our investment in wes and our outside tax basis with respect to our partnership interests in wes . when determining the deferred income tax asset and liability balances attributable to our partnership interests in wes , we applied an accounting policy that looks through our investment in wes . the application of such accounting policy resulted in no deferred income taxes being created on the difference between the book and tax basis on the non-tax deductible goodwill portion of our investment in wes in our consolidated financial statements . upon the completion of our ipo in december 2012 , we became a publicly traded limited partnership for u.s. federal and state income tax purposes and therefore are not subject to u.s. federal and state income taxes , except for texas margin tax . general and administrative expenses . as a separate publicly traded partnership , we incur general and administrative expenses which are separate from , and in addition to , those incurred by wes . in connection with our ipo in december 2012 , we entered into an omnibus agreement with wgp gp and anadarko that governs the following : ( i ) our obligation to reimburse anadarko for expenses incurred or payments made on our behalf in conjunction with anadarko 's provision of general and administrative services to us , including our public company expenses and general and administrative expenses ; ( ii ) our obligation to pay anadarko , in quarterly installments , an administrative services fee of $ 250,000 per year ( subject to an annual increase as described in the agreement ) ; and ( iii ) our obligation to reimburse anadarko for all insurance coverage expenses it incurs or payments it makes on our behalf . the following table summarizes the amounts we reimbursed to anadarko , separate from , and in addition to , those reimbursed by wes : replace_table_token_17_th noncontrolling interests . the interests in chipeta held by a third party member and prior to august 1 , 2012 , the 24 % membership interest in chipeta held by anadarko , are already reflected as noncontrolling interests as in wes 's consolidated financial statements . in addition , the limited partner interests in wes held by other subsidiaries of anadarko and the public are reflected as noncontrolling interests in the consolidated financial statements ( see note 1—summary of significant accounting policies in the notes to consolidated financial statements under item 8 of this form 10-k for further information ) . the difference between the carrying value of wgp 's investment in wes and the underlying book value of common units issued by wes is accounted for as an equity transaction . thus , if wes issues common units at a price different than wgp 's per-unit carrying value , any resulting change in the carrying value of wgp 's investment in wes is reflected as an adjustment to partners ' capital . 84 distributions . our partnership agreement requires that we distribute all of our available cash ( as defined in our partnership agreement ) within 55 days after the end of each quarter . our only cash-generating assets are our partnership interests in wes , consisting of general partner units , common units and incentive distribution rights , on which we expect to receive quarterly distributions from wes . our cash flow and resulting ability to make cash distributions are therefore completely dependent upon wes 's ability to make cash distributions with respect to our partnership interests in wes . generally , our available cash is our cash on hand at the end of a quarter after the payment of our expenses and the establishment of cash reserves and cash on

