Blueknight energy partners, l.p. (BKEPP)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
Cash flows from operating activities:
Net income

-

4,340

6,959

3,356

3,757

-50,682

2,408

1,785

4,442

361

9,771

6,371

3,542

1,951

11,419

-18,936

726

-16,862

13,969

7,710

1,579

8,789

11,271

3,620

3,892

5,306

10,541

6,166

6,022

5,517

7,907

6,147

11,994

7,582

28,605

-5,346

2,634

Income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,307

-

-

-

-

-

-

-

-

Adjustments to reconcile net income to net cash provided by operating activities:
Provision for uncollectible receivables from third parties

-

-

-

-

-

-

-

-7

8

-2

-7

-4

-8

28

4

-4

-13

-18

34

-196

-4

-27

-3

156

0

0

797

-428

31

-

-

-

-

-

-

-

-

Provision for uncollectible receivables from related parties

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

4

225

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for uncollectible receivables from related parties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for uncollectible receivables from third parties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

Depreciation and amortization

6,094

6,322

6,240

6,237

6,734

7,414

7,166

7,412

7,367

7,553

7,681

7,839

8,066

8,373

7,624

7,688

7,135

7,087

6,757

6,738

6,646

6,703

6,571

6,454

6,317

6,429

6,078

5,911

5,823

5,955

5,792

5,727

5,655

5,709

5,651

5,710

5,705

Intangible asset impairment charge

-

-

-

-

-

0

0

0

189

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of debt issuance costs

251

251

251

252

251

251

688

256

256

-

-

-

342

-

-

-

220

-

218

218

219

-

-

-

-

-

-

-

-

-

-

-

444

-

495

493

473

Amortization and write-off of debt issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

199

209

185

2,477

455

-

-

-

-

-

-

-

-

Unrealized loss related to interest rate swaps

-

0

0

0

-44

-76

-37

-40

354

537

278

223

752

2,042

1,308

-314

-1,880

2,166

-1,606

777

-1,806

-1,704

1,072

-1,647

-355

-

-

0

0

-

-

-

-

-

-

-

-

Amortization of subordinated debenture discount

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,935

4,451

4,402

4,354

Change in fair value of embedded derivative within convertible debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

15,358

-3,431

8,297

Change in fair value of rights offering liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

45

8,224

-1,544

-4,842

Fixed asset impairment charge

5,122

-2,042

83

1,114

1,119

42,418

15

0

427

1,248

0

17

28

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Asset impairment charge

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

22,574

271

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Gain)loss on sale of assets

-185

-1,312

-40

81

1,724

-151

-63

599

-236

11

-107

-754

-125

23

104

14

-33

-340

6,213

-40

304

684

808

575

397

-

-

1,220

-222

-

-

-

-

-

-

-

-

Gain on sale of unconsolidated affiliate

-

-

-

-

-

0

0

0

2,225

53

1,112

4,172

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

46

264

4,955

-

1,142

688

22

Equity-based incentive compensation

108

321

289

294

69

493

665

646

41

538

389

649

-125

768

504

662

153

672

727

721

11

690

319

582

-53

365

529

492

526

818

412

392

275

167

168

167

42

Income (Loss) from Equity Method Investments

-

-

-

-

-

-

-

-

-

0

0

0

61

397

305

157

624

594

1,399

1,283

656

406

423

258

-204

-177

-152

-117

-56

0

0

0

0

-

-

-

-

Distributions from unconsolidated affiliate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Gain related to investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

267

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Changes in assets and liabilities:
Decrease in accounts receivable

-4,201

-2,197

-12

-2,636

-4,480

-13,876

15,648

20,869

2,811

-328

-1,433

-2,021

3,806

-999

-2,089

-148

2,098

-1,405

-4,469

4,119

1,217

-3,779

238

1,193

-719

-1,874

2,882

882

2,080

-1,180

-514

584

-3,139

1,164

23

3,280

853

Decrease in receivables from related parties

-168

-763

752

185

-107

-604

428

-891

-960

1,100

436

-23

-303

598

-301

167

-677

-852

28

-97

449

-748

158

415

-433

-2,677

3,110

365

-1,171

524

493

-138

-1,754

1,554

709

310

-88

Decrease in prepaid insurance

-

-

-

-

-

-

-

-

-

-543

-770

-753

-441

-976

-851

-694

-487

-1,579

-1,124

-1,017

-278

-974

-953

-755

-261

-311

-1,522

159

-659

-568

-1,553

549

-858

-954

-589

117

22

Decrease in other current assets

-1,345

943

-146

-812

-2,613

-2,531

-2,294

1,825

-399

1,036

95

-758

610

92

-452

237

-114

441

-152

207

83

-49

-131

37

-373

2,847

-347

27

-28

-964

-364

116

1,196

690

-723

782

-533

Decrease in other non-current assets

-566

-709

-704

-748

-803

-18

-334

-49

-41

-28

55

-108

-3

538

-3

-3

-34

223

-458

1,724

-4

427

-14

-38

-76

-39

19

-15

-15

-66

71

30

-29

-45

-81

2

-1,039

Increase (decrease) in accounts payable

104

-452

190

-143

-297

-157

67

-348

-154

1,094

-325

269

-86

280

-1,560

481

562

-441

-1,937

1,721

-135

-77

288

281

-1,072

1,073

-102

292

-1,680

798

639

-850

-1,868

413

-826

309

-1,519

Decrease in payables to related parties

-17

-817

555

295

-315

-726

320

123

625

590

3

-71

227

1,053

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase (decrease) in accrued crude oil purchases

-

-

-

-

-

-

-

9,756

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase (decrease) in accrued crude oil purchases to related parties

-

-

-

-

-

-

-

13,363

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase (decrease) in accrued interest payable

8

4

-105

100

-171

3

-182

-74

24

-57

22

433

-117

194

20

-30

38

-1

3

-13

-31

58

5

-74

-238

326

90

-229

131

-45

-4

-13

-5

60

-108

-12

-66

Decrease in accrued interest payable to related parties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

235

69

4

-129

-18

201

4,825

-1,287

-1,573

-1,113

Decrease in accrued property taxes

-381

-454

603

861

-852

-687

785

1,013

-80

-1,259

955

927

-695

-722

-97

810

-233

-541

828

802

-362

-818

744

741

-431

-921

715

548

-470

-780

723

746

-564

-1,177

862

592

-718

Increase (decrease) in unearned revenue

-

-

-

-

-

-

1,199

-983

637

123

-577

558

794

-1,559

814

-1,132

309

-1,071

1,681

1,041

424

-1,428

-627

1,141

832

538

-904

66

450

675

-359

66

2,896

-3,121

20

306

79

Increase (decrease) in unearned revenue from related parties

-

-

-

-

-

-

-850

24

3,655

-3,255

-118

200

3,753

875

28

-696

-20

649

-676

-46

-116

660

-3

133

-8

24

-42

16

-71

37

-1,361

-485

976

1,149

-49

-2,076

-29

Decrease in accrued payroll

-2,329

987

753

954

-1,538

-171

167

875

-3,323

565

1,213

1,355

-3,372

777

1,021

1,253

-3,956

997

1,445

1,202

-2,901

54

1,371

1,389

-3,673

896

1,416

1,477

-2,819

1,127

1,252

1,110

-2,306

308

179

35

574

Decrease in other accrued liabilities

-542

-653

-541

-1,133

-1,252

4

-254

-831

-419

2,074

-759

-518

-443

-623

-1,149

862

-823

3,296

-646

-121

-360

387

734

-930

-1,569

1,721

78

-282

-401

116

282

-1,634

446

307

-650

-500

355

Net cash provided by operating activities

7,874

11,553

15,346

3,421

19,517

20,597

7,112

11,134

9,941

8,313

19,620

19,012

7,549

12,936

20,934

14,332

4,647

17,338

23,970

15,142

4,082

18,921

19,445

13,654

6,220

18,290

20,512

13,750

7,999

15,248

17,765

11,336

17,371

5,386

16,022

5,449

10,305

Cash flows from investing activities:
Acquisition of DEVCO from Ergon (Note 8)

12,221

-

-

-

-

0

0

0

21,959

0

0

0

0

0

0

0

18,989

7,056

0

13,895

0

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

133

Capital expenditures

2,900

3,318

3,188

3,439

2,801

4,840

7,435

17,562

4,563

5,403

2,981

6,279

4,052

4,352

4,066

7,308

4,269

11,565

15,528

8,103

6,413

11,996

7,136

10,358

7,878

8,518

24,486

18,045

13,907

8,987

5,551

6,972

6,207

4,312

4,388

3,536

5,762

Proceeds from sale of assets

-

-

-

-

-

-

-

-

-

-

-

-

2,850

505

255

349

884

1,147

12,676

447

417

1,081

896

633

453

2,278

802

1,177

1

2,817

98

473

6,818

5,247

1,492

730

22

Proceeds from sale of assets

25

1,321

738

47

6,304

344

814

3,867

26

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment in unconsolidated affiliate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

3,000

3,000

14,000

0

0

0

0

-

-

-

-

Distributions from unconsolidated affiliate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

606

-222

-1,368

1,906

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of unconsolidated affiliate

-

-

-

-

-

0

0

0

2,225

53

1,112

25,324

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-2,346

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) investing activities

-15,096

-1,997

-2,450

-3,392

3,503

-4,496

81,917

-13,695

-24,271

-5,255

-1,141

24,669

-1,202

-126,419

-3,811

-6,959

-22,374

-16,868

-3,074

-22,919

-1,744

-10,915

-6,240

-9,725

-7,425

-6,240

-26,684

-19,868

-27,906

-6,170

-5,453

-6,499

611

935

-2,896

-2,806

-5,873

Cash flows from financing activities:
Payments on other financing activities

-638

-692

-680

-617

-597

-828

-609

-367

-746

-891

-803

-498

-773

-904

91

-1,719

-893

-966

-875

-962

-483

-643

-640

-638

-597

-673

-668

-761

-240

-474

-474

-392

-142

-426

-426

-284

-58

Debt issuance costs

-

-

-

-

-

-

-

-

-

36

155

4,010

7

1

938

17

0

-

-

-

-

-

-

-

-

42

50

3,366

223

0

0

0

0

-

-

-

-

Payments on long-term payable to related party

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

2,235

446

431

415

402

388

375

361

349

98

Borrowings under credit agreement

78,000

73,000

60,000

83,000

75,000

108,000

103,000

59,000

54,000

-

9,000

310,592

25,000

-

18,000

21,000

44,000

-

23,000

40,000

25,000

18,000

11,733

16,000

15,000

11,000

17,000

284,411

30,000

6,000

7,000

12,000

12,000

1,000

0

5,000

1,000

Payments under credit agreement

62,000

76,000

63,000

74,000

88,000

114,000

181,000

44,000

27,000

-

15,000

337,000

19,000

-

43,000

15,000

16,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from equity issuance

55

0

103

0

73

0

116

0

92

0

156

0

84

4,954

21,161

0

154

0

186

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments under credit facility

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

34,000

21,000

17,000

14,000

86,733

10,000

7,000

12,411

5,000

259,000

4,000

8,000

9,000

9,000

18,000

9,000

14,000

862

5,000

Capital contributions

-

-

-

-

-

0

0

0

183

0

0

0

104

2,384

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capital contributions related to profits interest

-

-

-

-

-

-

-

-

-

-

-

-

-

811

37

38

37

38

38

37

37

38

38

37

37

38

38

37

37

36

0

0

0

-

-

-

-

Distributions

8,082

8,083

8,084

8,079

9,742

9,744

9,754

12,651

12,587

12,310

12,303

12,298

12,252

14,746

11,223

10,657

10,593

10,640

10,463

10,327

10,170

10,091

8,706

8,636

8,511

8,422

8,354

8,296

8,222

8,171

8,115

8,147

7,756

-

-

-

-

Distributions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Net cash provided by (used in) financing activities

7,335

-11,775

-11,661

304

-23,266

-16,572

-88,296

1,673

13,942

-3,237

-19,105

-43,214

-6,844

112,502

-15,872

-6,355

16,705

1,432

-22,114

7,748

-2,616

-6,707

-13,441

-3,237

-1,071

-10,510

2,966

10,790

16,906

-11,040

-11,004

-5,941

-14,286

-6,092

-17,822

-2,053

-4,156

Net increase (decrease) in cash and cash equivalents

113

-2,219

1,235

333

-246

-471

733

-888

-388

-179

-626

467

-497

-981

1,251

1,018

-1,022

1,902

-1,218

-29

-278

1,299

-236

692

-2,276

1,540

-3,206

4,672

-3,001

-1,962

1,308

-1,104

3,696

229

-4,696

590

276

Supplemental disclosure of non-cash financing and investing cash flow information:
Non-cash changes in property, plant and equipment

1,241

-

-

-

711

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-cash changes in property, plant and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-546

153

-1,866

434

-4,621

98

3,518

-593

-386

1,200

-1,491

2,346

367

-5,719

2,394

-140

-2,502

-1,591

2,129

769

4,196

-792

-27

-445

Non-cash changes in property, plant and equipment

1,241

62

13

804

711

193

-1,202

-957

1,251

-

-828

-245

1,790

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in accrued liabilities related to insurance premium financing agreement

1,517

0

444

1,161

751

-41

647

858

720

0

657

1,531

750

0

720

1,719

750

374

0

2,639

800

0

0

1,595

899

5,218

-5,219

2,610

0

-

-

-

-

-

-

-

-

Third Party [Member]
Increase (decrease) in accrued crude oil purchases

-3,466

-

-

-

-6,373

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase (decrease) in unearned revenue

1,205

-

-

-

165

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Related Party [Member]
Increase (decrease) in accrued crude oil purchases

-4,463

-

-

-

1,666

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase (decrease) in unearned revenue

-285

-

-

-

10,231

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-