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Condensed Consolidating Financial Information
12 Months Ended
Dec. 31, 2012
Condensed Consolidating Financial Information [Abstract]  
Condensed Consolidating Financial Information
23. Condensed Consolidating Financial Information
Our $350 million aggregate principal amount of senior unsecured notes co-issued by Genesis Energy, L.P. and Genesis Energy Finance Corporation are fully and unconditionally guaranteed jointly and severally by all of Genesis Energy, L.P.’s subsidiaries, except Genesis Free State Pipeline, LLC, Genesis NEJD Pipeline, LLC and certain other minor subsidiaries. Genesis NEJD Pipeline, LLC is 100% owned by Genesis Energy, L.P., the parent company. The remaining non-guarantor subsidiaries are owned by Genesis Crude Oil, L.P., a guarantor subsidiary. Genesis Energy Finance Corporation has no independent assets or operations. See Note 10 for additional information regarding our consolidated debt obligations.
As a result of our IDR Restructuring in December 2010 (see Note 11), each subsidiary guarantor and the subsidiary co-issuer are 100% owned, directly or indirectly, by Genesis Energy, L.P.
The following is condensed consolidating financial information for Genesis Energy, L.P. and subsidiary guarantors:




Condensed Consolidating Balance Sheet
December 31, 2012
 
 
 
 
 
 
 
 
 
 
 
 
 
Genesis
Energy, L.P.
(Parent and
Co-Issuer)
 
Genesis
Energy Finance
Corporation
(Co-Issuer)
 
Guarantor
Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Eliminations
 
Genesis
Energy, L.P.
Consolidated
ASSETS
 
 
 
 
 
 
 
 
 
 
 
Current assets:
 
 
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
$
10

 
$

 
$
11,214

 
$
58

 
$

 
$
11,282

Other current assets
745,589

 

 
367,837

 
41,533

 
(762,207
)
 
392,752

Total current assets
745,599

 

 
379,051

 
41,591

 
(762,207
)
 
404,034

Fixed Assets, at cost

 

 
617,519

 
105,706

 

 
723,225

Less: Accumulated depreciation

 

 
(144,882
)
 
(13,062
)
 

 
(157,944
)
Net fixed assets

 

 
472,637

 
92,644

 

 
565,281

Goodwill

 

 
325,046

 

 

 
325,046

Other assets, net
17,737

 

 
254,423

 
157,604

 
(163,696
)
 
266,068

Equity investees and other investments

 

 
549,235

 

 

 
549,235

Investments in subsidiaries
1,006,415

 

 
102,707

 

 
(1,109,122
)
 

Total assets
$
1,769,751

 
$

 
$
2,083,099

 
$
291,839

 
$
(2,035,025
)
 
$
2,109,664

LIABILITIES AND PARTNERS’ CAPITAL
 
 
 
 
 
 
 
 
 
 
 
Current liabilities
$
2,361

 
$

 
$
1,048,937

 
$
23,567

 
$
(762,214
)
 
$
312,651

Senior secured credit facilities
500,000

 

 

 

 

 
500,000

Senior unsecured notes
350,895

 

 

 

 

 
350,895

Deferred tax liabilities

 

 
13,810

 

 

 
13,810

Other liabilities

 

 
13,044

 
166,282

 
(163,513
)
 
15,813

Total liabilities
853,256

 

 
1,075,791

 
189,849

 
(925,727
)
 
1,193,169

Partners’ capital
916,495

 

 
1,007,308

 
101,990

 
(1,109,298
)
 
916,495

Total liabilities and partners’ capital
$
1,769,751

 
$

 
$
2,083,099

 
$
291,839

 
$
(2,035,025
)
 
$
2,109,664





Condensed Consolidating Balance Sheet
December 31, 2011
 
 
 
 
 
 
 
 
 
 
 
 
 
Genesis
Energy, L.P.
(Parent and
Co-Issuer)
 
Genesis
Energy Finance
Corporation
(Co-Issuer)
 
Guarantor
Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Eliminations
 
Genesis
Energy, L.P.
Consolidated
ASSETS
 
 
 
 
 
 
 
 
 
 
 
Current assets:
 
 
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
$
3

 
$

 
$
9,182

 
$
1,632

 
$

 
$
10,817

Other current assets
597,966

 

 
341,131

 
31,897

 
(605,707
)
 
365,287

Total current assets
597,969

 

 
350,313

 
33,529

 
(605,707
)
 
376,104

Fixed Assets, at cost

 

 
444,262

 
96,876

 

 
541,138

Less: Accumulated depreciation

 

 
(114,655
)
 
(9,558
)
 

 
(124,213
)
Net fixed assets

 

 
329,607

 
87,318

 

 
416,925

Goodwill

 

 
325,046

 

 

 
325,046

Other assets, net
14,773

 

 
276,450

 
162,373

 
(167,774
)
 
285,822

Equity investees and other investments

 

 
326,947

 

 

 
326,947

Investments in subsidiaries
841,725

 

 
96,303

 

 
(938,028
)
 

Total assets
$
1,454,467

 
$

 
$
1,704,666

 
$
283,220

 
$
(1,711,509
)
 
$
1,730,844

LIABILITIES AND PARTNERS’ CAPITAL
 
 
 
 
 
 
 
 
 
 
 
Current liabilities
$
2,529

 
$

 
$
835,013

 
$
17,562

 
$
(605,676
)
 
$
249,428

Senior secured credit facilities
409,300

 

 

 

 

 
409,300

Senior unsecured notes
250,000

 

 

 

 

 
250,000

Deferred tax liabilities

 

 
12,549

 

 

 
12,549

Other liabilities

 

 
14,673

 
169,842

 
(167,586
)
 
16,929

Total liabilities
661,829

 

 
862,235

 
187,404

 
(773,262
)
 
938,206

Partners capital
792,638

 

 
842,431

 
95,816

 
(938,247
)
 
792,638

Total liabilities and partners’ capital
$
1,454,467

 
$

 
$
1,704,666

 
$
283,220

 
$
(1,711,509
)
 
$
1,730,844


Condensed Consolidating Statement of Operations
Year Ended December 31, 2012
 
 
 
 
 
 
 
 
 
 
 
 
 
Genesis
Energy, L.P.
(Parent and
Co-Issuer)
 
Genesis
Energy Finance
Corporation
(Co-Issuer)
 
Guarantor
Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Eliminations
 
Genesis
Energy, L.P.
Consolidated
REVENUES:
 
 
 
 
 
 
 
 
 
 
 
Supply and logistics
$

 
$

 
$
3,772,400

 
$
135,013

 
$
(109,663
)
 
$
3,797,750

Refinery services

 

 
192,083

 
19,999

 
(16,065
)
 
196,017

Pipeline transportation services

 

 
50,106

 
26,184

 

 
76,290

Total revenues

 

 
4,014,589

 
181,196

 
(125,728
)
 
4,070,057

COSTS AND EXPENSES:
 
 
 
 
 
 
 
 
 
 
 
Supply and logistics costs

 

 
3,696,792

 
120,280

 
(109,661
)
 
3,707,411

Refinery services operating costs

 

 
120,095

 
19,489

 
(16,107
)
 
123,477

Pipeline transportation operating costs

 

 
21,000

 
894

 

 
21,894

General and administrative

 

 
42,297

 
122

 

 
42,419

Depreciation and amortization

 

 
57,402

 
3,764

 

 
61,166

Total costs and expenses

 

 
3,937,586

 
144,549

 
(125,768
)
 
3,956,367

OPERATING INCOME

 

 
77,003

 
36,647

 
40

 
113,690

Equity in earnings of equity investees

 

 
14,345

 

 

 
14,345

Equity in earnings of subsidiaries
137,151

 

 
20,547

 

 
(157,698
)
 

Interest (expense) income, net
(40,832
)
 

 
16,502

 
(16,591
)
 

 
(40,921
)
Income before income taxes
96,319

 

 
128,397

 
20,056

 
(157,658
)
 
87,114

Income tax benefit

 

 
8,903

 
302

 

 
9,205

NET INCOME
$
96,319

 
$

 
$
137,300

 
$
20,358

 
$
(157,658
)
 
$
96,319



Condensed Consolidating Statement of Operations
Year Ended December 31, 2011
 
 
 
 
 
 
 
 
 
 
 
 
 
Genesis
Energy, L.P.
(Parent and
Co-Issuer)
 
Genesis
Energy Finance
Corporation
(Co-Issuer)
 
Guarantor
Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Eliminations
 
Genesis
Energy, L.P.
Consolidated
REVENUES:
 
 
 
 
 
 
 
 
 
 
 
Supply and logistics
$

 
$

 
$
2,824,524

 
$
14,883

 
$
(13,639
)
 
$
2,825,768

Refinery services

 

 
197,928

 
20,548

 
(16,765
)
 
201,711

Pipeline transportation services

 

 
36,281

 
25,909

 

 
62,190

Total revenues

 

 
3,058,733

 
61,340

 
(30,404
)
 
3,089,669

COSTS AND EXPENSES:
 
 
 
 
 
 
 
 
 
 
 
Supply and logistics costs

 

 
2,766,084

 
14,363

 
(13,639
)
 
2,766,808

Refinery services operating costs

 

 
122,724

 
20,968

 
(16,910
)
 
126,782

Pipeline transportation operating costs

 

 
16,174

 
790

 

 
16,964

General and administrative

 

 
34,473

 

 

 
34,473

Depreciation and amortization

 

 
59,439

 
2,751

 

 
62,190

Total costs and expenses

 

 
2,998,894

 
38,872

 
(30,549
)
 
3,007,217

OPERATING INCOME

 

 
59,839

 
22,468

 
145

 
82,452

Equity in earnings of equity investees

 

 
3,347

 

 

 
3,347

Equity in earnings of subsidiaries
86,958

 

 
5,333

 

 
(92,291
)
 

Interest (expense) income, net
(35,709
)
 

 
16,933

 
(16,991
)
 

 
(35,767
)
Income before income taxes
51,249

 

 
85,452

 
5,477

 
(92,146
)
 
50,032

Income tax benefit (expense)

 

 
1,555

 
(338
)
 

 
1,217

NET INCOME
$
51,249

 
$

 
$
87,007

 
$
5,139

 
$
(92,146
)
 
$
51,249


Condensed Consolidating Statement of Operations
Year Ended December 31, 2010
 
 
 
 
 
 
 
 
 
 
 
 
 
Genesis
Energy, L.P.
(Parent and
Co-Issuer)
 
Genesis
Energy Finance
Corporation
(Co-Issuer)
 
Guarantor
Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Eliminations
 
Genesis
Energy, L.P.
Consolidated
REVENUES:
 
 
 
 
 
 
 
 
 
 
 
Supply and logistics
$

 
$

 
$
1,894,612

 
$

 
$

 
$
1,894,612

Refinery services

 

 
146,570

 
14,544

 
(10,054
)
 
151,060

Pipeline transportation services

 

 
29,497

 
26,155

 

 
55,652

Total revenues

 

 
2,070,679

 
40,699

 
(10,054
)
 
2,101,324

COSTS AND EXPENSES:
 
 
 
 
 
 
 
 
 
 
 
Supply and logistics costs

 

 
1,858,862

 

 

 
1,858,862

Refinery services operating costs

 

 
85,250

 
12,672

 
(9,828
)
 
88,094

Pipeline transportation operating costs

 

 
14,301

 
476

 

 
14,777

General and administrative

 

 
113,406

 

 

 
113,406

Depreciation and amortization

 

 
50,973

 
2,596

 

 
53,569

Total costs and expenses

 

 
2,122,792

 
15,744

 
(9,828
)
 
2,128,708

OPERATING (LOSS) INCOME

 

 
(52,113
)
 
24,955

 
(226
)
 
(27,384
)
Equity in earnings of equity investees

 

 
2,355

 

 

 
2,355

Equity in (losses) earnings of subsidiaries
(34,988
)
 

 
7,401

 

 
27,587

 

Interest (expense) income, net
(13,471
)
 

 
7,884

 
(17,337
)
 

 
(22,924
)
(Loss) income before income taxes
(48,459
)
 

 
(34,473
)
 
7,618

 
27,361

 
(47,953
)
Income tax expense

 

 
(2,175
)
 
(413
)
 

 
(2,588
)
NET (LOSS) INCOME
(48,459
)
 

 
(36,648
)
 
7,205

 
27,361

 
(50,541
)
Net loss attributable to noncontrolling interests

 

 
2,083

 

 
(1
)
 
2,082

NET (LOSS) INCOME ATTRIBUTABLE TO GENESIS ENERGY, L.P.
$
(48,459
)
 
$

 
$
(34,565
)
 
$
7,205

 
$
27,360

 
$
(48,459
)






Condensed Consolidating Statement of Comprehensive Income
Year Ended December 31, 2012
 
 
 
 
 
 
 
 
 
 
 
 
 
Genesis
Energy, L.P.
(Parent and
Co-Issuer)
 
Genesis
Energy Finance
Corporation
(Co-Issuer)
 
Guarantor
Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Eliminations
 
Genesis
Energy, L.P.
Consolidated
Net income
$
96,319

 
$

 
$
137,300

 
$
20,358

 
$
(157,658
)
 
$
96,319

Change in fair value of derivatives:
 
 
 
 
 
 
 
 
 
 
 
Current period reclassification in earnings -
 
 
 
 
 
 
 
 
 
 
 
interest rate swaps

 

 

 

 

 

Changes in derivative financial instruments -
 
 
 
 
 
 
 
 
 
 
 
interest rate swaps

 

 

 

 

 

Comprehensive income
96,319

 

 
137,300

 
20,358

 
(157,658
)
 
96,319

Comprehensive loss attributable to noncontrolling interests

 

 

 

 

 

Comprehensive income attributable to Genesis Energy, L.P.
$
96,319

 
$

 
$
137,300

 
$
20,358

 
$
(157,658
)
 
$
96,319

Condensed Consolidating Statement of Comprehensive Income
Year Ended December 31, 2011
 
 
 
 
 
 
 
 
 
 
 
 
 
Genesis
Energy, L.P.
(Parent and
Co-Issuer)
 
Genesis
Energy Finance
Corporation
(Co-Issuer)
 
Guarantor
Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Eliminations
 
Genesis
Energy, L.P.
Consolidated
Net income
$
51,249

 
$

 
$
87,007

 
$
5,139

 
$
(92,146
)
 
$
51,249

Change in fair value of derivatives:
 
 
 
 
 
 
 
 
 
 
 
Current period reclassification in earnings -
 
 
 
 
 
 
 
 
 
 
 
interest rate swaps

 

 

 

 

 

Changes in derivative financial instruments -
 
 
 
 
 
 
 
 
 
 
 
interest rate swaps

 

 

 

 

 

Comprehensive income
51,249

 

 
87,007

 
5,139

 
(92,146
)
 
51,249

Comprehensive loss attributable to noncontrolling interests

 

 

 

 

 

Comprehensive income attributable to Genesis Energy, L.P.
$
51,249

 
$

 
$
87,007

 
$
5,139

 
$
(92,146
)
 
$
51,249

Condensed Consolidating Statement of Comprehensive Income
Year Ended December 31, 2010
 
 
 
 
 
 
 
 
 
 
 
 
 
Genesis
Energy, L.P.
(Parent and
Co-Issuer)
 
Genesis
Energy Finance
Corporation
(Co-Issuer)
 
Guarantor
Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Eliminations
 
Genesis
Energy, L.P.
Consolidated
Net income
$
(48,459
)
 
$

 
$
(36,648
)
 
$
7,205

 
$
27,361

 
$
(50,541
)
Change in fair value of derivatives:
 
 
 
 
 
 
 
 
 
 
 
Current period reclassification in earnings -
 
 
 
 
 
 
 
 
 
 
 
interest rate swaps

 

 
2,112

 

 

 
2,112

Changes in derivative financial instruments -
 
 
 
 
 
 
 
 
 
 
 
interest rate swaps

 

 
(424
)
 

 

 
(424
)
Other comprehensive loss from consolidated subsidiaries
829

 

 

 

 
(829
)
 

Comprehensive income
(47,630
)
 

 
(34,960
)
 
7,205

 
26,532

 
(48,853
)
Comprehensive loss attributable to noncontrolling interests

 

 
1,223

 

 

 
1,223

Comprehensive income attributable to Genesis Energy, L.P.
$
(47,630
)
 
$

 
$
(33,737
)
 
$
7,205

 
$
26,532

 
$
(47,630
)





Condensed Consolidating Statement of Cash Flows
Year Ended December 31, 2012
 
 
 
 
 
 
 
 
 
 
 
 
 
Genesis
Energy, L.P.
(Parent and
Co-Issuer)
 
Genesis
Energy Finance
Corporation
(Co-Issuer)
 
Guarantor
Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Eliminations
 
Genesis
Energy, L.P.
Consolidated
Net cash (used in) provided by operating activities
$
(70,083
)
 
$

 
$
362,855

 
$
25,186

 
$
(128,654
)
 
$
189,304

CASH FLOWS FROM INVESTING ACTIVITIES:
 
 
 
 
 
 
 
 
 
 
 
Payments to acquire fixed and intangible assets

 

 
(137,362
)
 
(9,094
)
 

 
(146,456
)
Cash distributions received from equity investees - return of investment
27,878

 

 
14,909

 

 
(27,878
)
 
14,909

Investments in equity investees
(169,421
)
 

 
(63,749
)
 

 
169,421

 
(63,749
)
Acquisitions

 

 
(205,576
)
 

 

 
(205,576
)
Repayments on loan to non-guarantor subsidiary

 

 
4,078

 

 
(4,078
)
 

Proceeds from asset sales

 

 
773

 

 

 
773

Other, net

 

 
(1,557
)
 
49

 

 
(1,508
)
Net cash used in investing activities
(141,543
)
 

 
(388,484
)
 
(9,045
)
 
137,465

 
(401,607
)
CASH FLOWS FROM FINANCING ACTIVITIES:
 
 
 
 
 
 
 
 
 
 
 
Borrowings on senior secured credit facility
1,674,400

 

 

 

 

 
1,674,400

Repayments on senior secured credit facility
(1,583,700
)
 

 

 

 

 
(1,583,700
)
Proceeds from issuance of senior unsecured notes, including premium
101,000

 

 

 

 

 
101,000

Debt issuance costs
(7,105
)
 

 

 

 

 
(7,105
)
Issuance of common units for cash, net
169,421

 

 
169,421

 

 
(169,421
)
 
169,421

Distributions to partners/owners
(142,383
)
 

 
(142,383
)
 
(14,183
)
 
156,566

 
(142,383
)
Other, net

 

 
623

 
(3,532
)
 
4,044

 
1,135

Net cash provided by (used in) financing activities
211,633

 

 
27,661

 
(17,715
)
 
(8,811
)
 
212,768

Net increase (decrease) in cash and cash equivalents
7

 

 
2,032

 
(1,574
)
 

 
465

Cash and cash equivalents at beginning of period
3

 

 
9,182

 
1,632

 

 
10,817

Cash and cash equivalents at end of period
$
10

 
$

 
$
11,214

 
$
58

 
$

 
$
11,282



Condensed Consolidating Statement of Cash Flows
Year Ended December 31, 2011
 
 
 
 
 
 
 
 
 
 
 
 
 
Genesis
Energy, L.P.
(Parent and
Co-Issuer)
 
Genesis
Energy Finance
Corporation
(Co-Issuer)
 
Guarantor
Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Eliminations
 
Genesis
Energy, L.P.
Consolidated
Net cash (used in) provided by operating activities
$
(41,392
)
 
$

 
$
99,360

 
$
17,696

 
$
(17,357
)
 
$
58,307

CASH FLOWS FROM INVESTING ACTIVITIES:
 
 
 
 
 
 
 
 
 
 
 
Payments to acquire fixed and intangible assets

 

 
(27,417
)
 
(575
)
 

 
(27,992
)
Cash distributions received from equity investees - return of investment
107,956

 

 
11,436

 

 
(107,956
)
 
11,436

Investments in equity investees
(184,969
)
 


(19,999
)
 

 
204,968

 

Acquisitions

 

 
(142,886
)
 
(20,787
)
 

 
(163,673
)
Repayments on loan to non-guarantor subsidiary

 

 
3,685

 

 
(3,685
)
 

Proceeds from assets sales

 

 
6,424

 

 

 
6,424

Other, net

 

 
770

 
738

 

 
1,508

Net cash used in investing activities
(77,013
)
 

 
(167,987
)
 
(20,624
)
 
93,327

 
(172,297
)
CASH FLOWS FROM FINANCING ACTIVITIES:
 
 
 
 
 
 
 
 
 
 
 
Borrowings on senior secured credit facility
777,600

 

 

 

 

 
777,600

Repayments on senior secured credit facility
(728,300
)
 

 

 

 

 
(728,300
)
Debt issuance costs
(3,018
)
 

 

 

 

 
(3,018
)
Issuance of ownership interests to partners for cash
184,969

 

 
184,969

 
19,999

 
(204,968
)
 
184,969

Distributions to partners/owners
(112,844
)
 

 
(112,844
)
 
(12,500
)
 
125,344

 
(112,844
)
Other, net

 

 
602

 
(3,618
)
 
3,654

 
638

Net cash provided by financing activities
118,407

 

 
72,727

 
3,881

 
(75,970
)
 
119,045

Net increase in cash and cash equivalents
2

 

 
4,100

 
953

 

 
5,055

Cash and cash equivalents at beginning of period
1

 

 
5,082

 
679

 

 
5,762

Cash and cash equivalents at end of period
$
3

 
$

 
$
9,182

 
$
1,632

 
$

 
$
10,817


Condensed Consolidating Statement of Cash Flows
Year Ended December 31, 2010
 
 
 
 
 
 
 
 
 
 
 
 
 
Genesis
Energy, L.P.
(Parent and
Co-Issuer)
 
Genesis
Energy Finance
Corporation
(Co-Issuer)
 
Guarantor
Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Eliminations
 
Genesis
Energy, L.P.
Consolidated
Net cash (used in) provided by operating activities
$
(569,824
)
 
$

 
$
680,974

 
$
3,746

 
$
(24,433
)
 
$
90,463

CASH FLOWS FROM INVESTING ACTIVITIES:
 
 
 
 
 
 
 
 
 
 
 
Payments to acquire fixed and intangible assets

 

 
(12,372
)
 
(28
)
 

 
(12,400
)
Cash distributions received from equity investees - return of investment
45,889

 

 
2,859

 

 
(45,889
)
 
2,859

Investments in equity investees
(118,875
)
 



 

 
118,875

 

Acquisitions

 

 
(332,462
)
 

 

 
(332,462
)
Repayments on loan to non-guarantor subsidiary

 

 
3,331

 

 
(3,331
)
 

Proceeds from asset sales

 

 
1,146

 

 

 
1,146

Other, net

 

 
119

 

 

 
119

Net cash used in investing activities
(72,986
)
 

 
(337,379
)
 
(28
)
 
69,655

 
(340,738
)
CASH FLOWS FROM FINANCING ACTIVITIES:
 
 
 
 
 
 
 
 
 
 
 
Borrowings on senior secured credit facility
449,729

 

 
242,100

 

 

 
691,829

Repayments on senior secured credit facility
(455,629
)
 

 
(243,100
)
 

 

 
(698,729
)
Transfer of senior secured credit facility to Parent
364,772

 
 
 
(364,772
)
 
 
 
 
 

Proceeds from issuance of senior unsecured notes
250,000

 
 
 
 
 
 
 
 
 
250,000

Debt issuance costs
(14,586
)
 

 

 

 

 
(14,586
)
Issuance of ownership interests to partners for cash
118,875

 

 
118,888

 

 
(118,888
)
 
118,875

Acquisition of noncontrolling interest in DG Marine

 

 
(26,288
)
 

 

 
(26,288
)
Distributions to partners/owners
(70,352
)
 

 
(70,359
)
 

 
70,359

 
(70,352
)
Other, net

 

 
1,134

 
(3,301
)
 
3,307

 
1,140

Net cash provided by (used in) financing activities
642,809

 

 
(342,397
)
 
(3,301
)
 
(45,222
)
 
251,889

Net (decrease) increase in cash and cash equivalents
(1
)
 

 
1,198

 
417

 

 
1,614

Cash and cash equivalents at beginning of period
2

 

 
3,884

 
262

 

 
4,148

Cash and cash equivalents at end of period
$
1

 
$

 
$
5,082


$
679

 
$

 
$
5,762