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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income (loss) $ 82,079 $ 111,082 $ 421,585
Adjustments to reconcile net income to net cash provided by operating activities -      
Depreciation, depletion and amortization 252,480 222,196 150,140
Provision for leased items no longer in use 12,589 0 0
Gain on sale of assets (40,311) 0 0
Gain on basis step up on historical interest 0 0 (332,380)
Amortization and write-off of debt issuance costs and premium or discount 13,103 10,138 10,881
Amortization of unearned income and initial direct costs on direct financing leases (13,747) (14,395) (14,979)
Payments received under direct financing leases 20,668 20,672 20,664
Equity in earnings of investments in equity investees (51,046) (47,944) (54,450)
Cash distributions of earnings of equity investees 62,618 65,867 71,823
Non-cash effect of equity-based compensation plans (5,775) 6,558 5,014
Deferred and other tax benefits (4,060) 2,142 2,960
Unrealized (gains) losses on derivative transactions 10,943 1,287 (1,009)
Other, net (10,839) 11,385 3,915
Net changes in components of operating assets and liabilities, net of acquisitions (See Note 15) 10,156 (90,650) 5,372
Net cash provided by operating activities 338,858 298,338 289,536
CASH FLOWS FROM INVESTING ACTIVITIES:      
Payments to acquire fixed and intangible assets (250,593) (463,100) (495,774)
Cash distributions received from equity investees—return of investment 20,280 21,353 25,645
Investments in equity investees (4,647) 0 (3,045)
Acquisitions (1,325,759) (25,394) (1,520,299)
Contributions in aid of construction costs 124 13,374 3,179
Proceeds from asset sales 85,722 3,609 2,811
Other, net 0 (151) (1,976)
Net cash used in investing activities (1,474,873) (450,309) (1,989,459)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Borrowings on senior secured credit facility 1,458,700 1,115,800 1,525,050
Repayments on senior secured credit facility (1,637,700) (952,600) (960,450)
Proceeds from issuance of senior unsecured notes 1,000,000 0 1,139,718
Proceeds from issuance of Class A convertible preferred units, net 726,419 0 0
Repayment of senior unsecured notes (204,830) 0 (350,000)
Debt issuance costs (25,913) (1,578) (28,901)
Issuance of common units for cash, net 140,513 298,020 633,759
Contributions (distributions) from (to) noncontrolling interests 2,770 236 (960)
Distributions to common unitholders (321,875) (310,039) (256,389)
Other, net (57) (1,734) (471)
Net cash provided by financing activities 1,138,027 148,105 1,701,356
Net increase (decrease) in cash and cash equivalents 2,012 (3,866) 1,433
Cash and cash equivalents at beginning of period 7,029 10,895 9,462
Cash and cash equivalents at end of period $ 9,041 $ 7,029 $ 10,895