| Dec'19 | Dec'18 | Dec'17 | ||||
|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES: | ||||||
Net income (loss) including noncontrolling interests | ||||||
-1,338,900 | -239 | -18,575 | ||||
Adjustments to reconcile net income (loss) to net cash provided by operating activities: | ||||||
Unrealized derivative instrument loss | ||||||
-8,500 | 0 | 0 | ||||
Depreciation and accretion | ||||||
41,480 | 20,068 | 5,991 | ||||
Deferred income tax expense | ||||||
64,915 | -9,460 | 7,041 | ||||
Income from equity method interests, net | ||||||
19,069 | 0 | 0 | ||||
Distributions from equity method interests | ||||||
25,316 | 0 | 0 | ||||
Impairments | ||||||
1,300,719 | 0 | 0 | ||||
Adjustment for non-cash transactions with affiliate | ||||||
0 | -4,238 | 9,601 | ||||
Other | ||||||
-907 | 0 | 0 | ||||
Changes in operating assets and liabilities: | ||||||
Increase in inventories | ||||||
620 | 5,058 | 743 | ||||
(Increase) decrease in prepaid assets and other | ||||||
-3,877 | 1,045 | 0 | ||||
(Increase) decrease in revenue receivables (Note 2) | ||||||
4,532 | 5,602 | 5,422 | ||||
Increase in account receivables from/payable to affiliate | ||||||
6,361 | -4,484 | 0 | ||||
Increase in interest receivable | ||||||
0 | 226 | 0 | ||||
Increase in accrued expenses | ||||||
71 | 1,977 | 2,107 | ||||
NET CASH PROVIDED BY OPERATING ACTIVITIES | ||||||
76,273 | 661 | 0 | ||||
CASH FLOWS FROM INVESTING ACTIVITIES: | ||||||
Capital expenditures | ||||||
342,650 | 84,000 | 0 | ||||
Proceeds from sale of assets | ||||||
13,309 | 0 | 0 | ||||
Contributions to equity method interests | ||||||
501,352 | 0 | 0 | ||||
Acquisition of equity method interests | ||||||
670,625 | 91,100 | 0 | ||||
Other | ||||||
2,370 | 0 | 0 | ||||
NET CASH USED IN INVESTING ACTIVITIES | ||||||
-1,503,688 | -175,100 | 0 | ||||
CASH FLOWS FROM FINANCING ACTIVITIES: | ||||||
Redeemable noncontrolling interest - Preferred Unit limited partners, net | ||||||
611,249 | 0 | 0 | ||||
Proceeds from revolving credit facility | ||||||
396,000 | 0 | 0 | ||||
Finance lease | ||||||
22,994 | - | - | ||||
Proceeds from Issuance or Sale of Equity | ||||||
0 | 628,154 | 0 | ||||
Deferred facility fees | ||||||
792 | 3,780 | 0 | ||||
NET CASH PROVIDED BY FINANCING ACTIVITIES | ||||||
983,463 | 624,374 | 0 | ||||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | ||||||
-443,952 | 449,935 | 0 | ||||
SUPPLEMENTAL CASH FLOW DATA: | ||||||
Accrued capital expenditures | ||||||
18,573 | 89,810 | 122,364 | ||||
Finance lease liability | ||||||
9,767 | - | - | ||||
Interest paid, net of capitalized interest | ||||||
903 | 0 | 0 | ||||
Cash received for income tax refunds | ||||||
527 | 0 | 0 | ||||