| Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|---|
Cash Flows From (Used In) Operating Activities: | |||||||||
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | |||||||||
600,000 | 306,000 | 277,000 | 249,000 | 56,000 | 18,000 | 48,000 | 18,499 | -34,001 | -30,991 |
Adjustments to reconcile net earnings to net cash from operating activities: | |||||||||
Depreciation and amortization expenses | |||||||||
368,000 | 313,000 | 233,000 | 187,000 | 85,000 | 48,000 | 15,000 | 11,277 | 11,233 | 12,051 |
Amortization of debt issuance costs | |||||||||
10,000 | 10,000 | 9,000 | 8,000 | 6,000 | 2,000 | 1,000 | 420 | 0 | 0 |
Debt redemption charges | |||||||||
0 | -77,000 | 0 | 0 | - | - | - | - | - | - |
Loss on asset disposals and impairments | |||||||||
-4,000 | 25,000 | -4,000 | -1,000 | - | - | -1,000 | -26 | -830 | -1,123 |
Unit-based compensation expense | |||||||||
9,000 | 9,000 | 6,000 | 6,000 | 2,000 | 2,000 | 1,000 | 479 | 0 | 0 |
Distributions received in excess of equity in earnings of equity method investments | |||||||||
-21,000 | -17,000 | -16,000 | -3,000 | 1,000 | - | - | - | - | - |
Income from unconsolidated affiliates | |||||||||
- | - | - | - | - | - | 0 | - | - | - |
Other operating activities | |||||||||
0 | -6,000 | 1,000 | 1,000 | 4,000 | 0 | - | - | - | - |
Accounts receivable | |||||||||
- | - | - | - | - | - | - | 2,136 | 775 | -1,288 |
Changes in receivables | |||||||||
17,000 | -24,000 | 172,000 | 21,000 | 8,000 | 48,000 | 8,000 | - | - | - |
Changes in other current assets | |||||||||
39,000 | -1,000 | 6,000 | 9,000 | -10,000 | 2,000 | 0 | - | - | - |
Changes in current liabilities | |||||||||
104,000 | 3,000 | 81,000 | -6,000 | 9,000 | 50,000 | 13,000 | - | - | - |
Receivables - affiliate | |||||||||
- | - | - | - | - | - | - | 6,453 | 0 | 0 |
Receivables - other | |||||||||
- | - | - | - | - | - | - | 0 | - | - |
Prepayments and other current assets | |||||||||
- | - | - | - | - | - | - | 914 | 0 | 0 |
Accounts payable - trade | |||||||||
- | - | - | - | - | - | - | 1,461 | 251 | -65 |
Accounts payable - affiliate | |||||||||
- | - | - | - | - | - | - | 2,848 | -627 | -312 |
Deferred revenue - affiliate | |||||||||
- | - | - | - | - | - | - | 1,775 | 0 | - |
Other current liabilities | |||||||||
- | - | - | - | - | - | - | 1,564 | -1,368 | - |
Accrued liabilities and deferred revenue | |||||||||
- | - | - | - | - | - | - | - | - | 897 |
Changes in noncurrent assets and liabilities | |||||||||
31,000 | 42,000 | 7,000 | -17,000 | -2,000 | -12,000 | -1,000 | 2,341 | -2,418 | 3,659 |
Net cash from operating activities | |||||||||
1,029,000 | 687,000 | 442,000 | 436,000 | 165,000 | 82,000 | 72,000 | 26,505 | -22,039 | -19,668 |
Cash Flows Used In Investing Activities: | |||||||||
Capital expenditure reimbursements | |||||||||
- | - | - | - | - | - | 5,000 | 0 | 0 | - |
Capital expenditures | |||||||||
770,000 | 349,000 | 298,000 | 383,000 | 221,000 | 79,000 | 93,000 | 15,021 | 4,789 | 13,954 |
Acquisitions, net of cash | |||||||||
379,000 | 1,231,000 | 332,000 | 6,000 | 2,479,000 | 315,000 | 40,000 | 0 | - | - |
Proceeds from sale of assets | |||||||||
0 | 47,000 | 0 | 0 | - | 0 | 0 | 0 | 0 | - |
Deposits for acquisitions | |||||||||
0 | 0 | 33,000 | 0 | 0 | - | - | - | 0 | - |
Increase in Restricted Cash | |||||||||
- | - | - | 0 | - | - | - | - | - | - |
Use of restricted cash | |||||||||
- | - | - | 0 | - | - | - | - | - | - |
Other investing activities | |||||||||
0 | 0 | -5,000 | 0 | -10,000 | 0 | - | - | - | - |
Net cash used in investing activities | |||||||||
-1,149,000 | -1,533,000 | -658,000 | -389,000 | -2,690,000 | -394,000 | -128,000 | -15,021 | -4,789 | -13,954 |
Cash Flows From (Used In) Financing Activities: | |||||||||
Quarterly distributions to general partner | |||||||||
0 | 131,000 | 137,000 | 68,000 | 35,000 | 9,000 | 2,000 | 371 | 0 | 0 |
Distributions to Noncontrolling Interests | |||||||||
- | - | - | 22,000 | 0 | 0 | - | - | - | - |
Distributions in connection with acquisitions from our Sponsor | |||||||||
300,000 | 406,000 | 760,000 | 250,000 | 243,000 | - | - | - | - | - |
Distributions in connection with acquisitions | |||||||||
- | - | - | - | - | 1,129,000 | 419,000 | 333,280 | 0 | - |
Distributions to Common Unitholders - Public | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Distributions to Common unitholders - Tesoro | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Distributions to Subordinated unitholders | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Borrowings under revolving credit agreements | |||||||||
1,320,000 | 1,225,000 | 1,451,000 | 476,000 | 646,000 | 794,000 | 68,000 | 50,000 | 0 | 0 |
Distributions to general partner related to acquisitions | |||||||||
- | - | - | - | - | - | - | - | 0 | - |
Quarterly distributions to unitholders | |||||||||
- | - | - | - | - | - | - | - | 0 | - |
Repayments under revolving credit agreements | |||||||||
498,000 | 1,152,000 | 1,426,000 | 431,000 | 386,000 | 794,000 | 118,000 | 0 | 0 | - |
Proceeds from debt offering | |||||||||
0 | 1,750,000 | 1,451,000 | 250,000 | 1,300,000 | 806,000 | 350,000 | 0 | 0 | - |
Proceeds from issuance of common units, net of issuance costs | |||||||||
0 | 284,000 | 364,000 | 95,000 | 1,449,000 | 701,000 | 171,000 | 288,132 | 0 | 0 |
Proceeds from issuance of preferred units, net of issuance costs | |||||||||
0 | 589,000 | 0 | 0 | - | - | - | - | - | - |
Proceeds from issuance of general partner units, net of issuance costs | |||||||||
0 | 6,000 | 0 | 4,000 | 29,000 | 8,000 | 0 | 0 | - | - |
Distributions to common unitholders | |||||||||
859,000 | 530,000 | 324,000 | 240,000 | 148,000 | 93,000 | 51,000 | 18,146 | - | - |
Distributions to preferred unitholders | |||||||||
29,000 | 0 | 0 | - | - | - | - | - | - | - |
Repayments of Long-term Debt including capital leases | |||||||||
1,000 | 2,070,000 | 251,000 | 0 | 130,000 | - | - | - | - | - |
Premiums paid on debt redemption | |||||||||
0 | -85,000 | 0 | 0 | - | - | - | - | - | - |
Sponsor contributions of equity to the Predecessors | |||||||||
374,000 | 742,000 | 515,000 | 116,000 | 53,000 | 43,000 | - | - | 26,828 | 33,622 |
Repayments of senior notes | |||||||||
- | - | - | - | - | 0 | 0 | - | - | - |
Payments on capital leases | |||||||||
- | - | - | - | - | - | - | 0 | 0 | - |
Financing costs | |||||||||
0 | 0 | 7,000 | 0 | 21,000 | 16,000 | 9,000 | - | - | - |
Offering costs | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Payments of Debt Issuance Costs | |||||||||
0 | 22,000 | 21,000 | 2,000 | 19,000 | - | - | 1,852 | 0 | 0 |
Contributions from general partner | |||||||||
0 | 0 | 4,000 | 0 | 8,000 | 5,000 | 6,000 | 2,669 | 0 | - |
Capital contributions by affiliate | |||||||||
51,000 | 34,000 | 29,000 | 22,000 | 18,000 | - | 61,000 | 19,690 | - | - |
Other financing activities | |||||||||
-3,000 | -1,000 | 0 | 0 | - | - | - | - | - | - |
Reimbursement of capital expenditures by Sponsor | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Net cash (used in) from financing activities | |||||||||
55,000 | 233,000 | 888,000 | -50,000 | 2,521,000 | 316,000 | 57,000 | 6,842 | 26,828 | 33,622 |
Increase (Decrease) in Cash and Cash Equivalents | |||||||||
-65,000 | -613,000 | 672,000 | -3,000 | -4,000 | 4,000 | 1,000 | 18,326 | 0 | 0 |
SUPPLEMENTAL DISCLOSURE OF NON-CASH ACTIVITIES: | |||||||||
Interest paid, net of capitalized interest | |||||||||
- | - | - | - | - | - | - | - | 0 | 0 |
Capital expenditures included in accounts payable at period end | |||||||||
- | - | - | - | - | - | - | - | - | 873 |
Receivable from affiliate for capital expenditures | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Transfer of property, plant and equipment from Sponsor, net of accumulated depreciation | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Working capital requirements retained by Sponsor | |||||||||
- | - | - | - | - | - | - | - | - | 0 |