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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income (loss) $ 421,585 $ 106,202 $ 86,109
Adjustments to reconcile net income to net cash provided by operating activities -      
Depreciation and amortization 150,140 90,908 64,796
Gain on basis step up on historical interest (332,380) 0 0
Amortization and write-off of debt issuance costs and premium 10,881 4,785 4,339
Amortization of unearned income and initial direct costs on direct financing leases (14,979) (15,706) (16,152)
Payments received under direct financing leases 20,664 21,235 21,262
Equity in earnings of investments in equity investees (54,450) (43,135) (22,675)
Cash distributions of earnings of equity investees 71,823 57,165 34,132
Non-cash effect of equity-based compensation plans 5,014 4,494 12,473
Deferred and other tax benefits 2,960 1,745 (152)
Unrealized (gains) losses on derivative transactions (1,009) (17,984) 1,313
Other, net 3,915 3,391 (873)
Net changes in components of operating assets and liabilities, net of acquisitions (See Note 14) 5,372 77,954 (46,186)
Net cash provided by operating activities 289,536 291,054 138,386
CASH FLOWS FROM INVESTING ACTIVITIES:      
Payments to acquire fixed and intangible assets (495,774) (443,482) (343,119)
Cash distributions received from equity investees—return of investment 25,645 18,363 12,432
Investments in equity investees (3,045) (40,926) (94,551)
Acquisitions (1,520,299) (157,000) (230,880)
Contributions in aid of construction costs 3,179 0 0
Proceeds from asset sales and discontinued operations 2,811 272 1,910
Other, net (1,976) (1,214) (1,622)
Net cash used in investing activities (1,989,459) (623,987) (655,830)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Borrowings on senior secured credit facility 1,525,050 1,839,900 1,593,300
Repayments on senior secured credit facility (960,450) (1,872,300) (1,510,500)
Proceeds from issuance of senior unsecured notes, including premium 1,139,718 350,000 350,000
Repayment of senior unsecured notes (350,000) 0 0
Debt issuance costs (28,901) (11,896) (8,157)
Issuance of common units for cash, net 633,759 225,725 263,574
Distributions to noncontrolling interests (960) 0 0
Distributions to common unitholders (256,389) (200,461) (168,441)
Other, net (471) 2,561 (4,748)
Net cash provided by financing activities 1,701,356 333,529 515,028
Net increase (decrease) in cash and cash equivalents 1,433 596 (2,416)
Cash and cash equivalents at beginning of period 9,462 8,866 11,282
Cash and cash equivalents at end of period $ 10,895 $ 9,462 $ 8,866