XML 20 R7.htm IDEA: XBRL DOCUMENT v3.26.1
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ 19,145,000 $ (460,306,000)
Adjustments to reconcile net income (loss) to net cash provided by operating activities -    
Depreciation and amortization 58,909,000 75,033,000
Amortization and write-off of debt issuance costs, premium and discount 5,779,000 3,857,000
Loss from disposal of discontinued operations 0 432,193,000
Equity in earnings of investments in equity investees (14,162,000) (12,492,000)
Cash distributions of earnings of equity investees 14,038,000 12,432,000
Non-cash effect of long-term incentive compensation plans (137,000) 2,485,000
Deferred and other tax liabilities (188,000) (113,000)
Unrealized losses (gains) on derivative transactions 815,000 (71,000)
Other, net 3,727,000 4,155,000
Net changes in components of operating assets and liabilities (Note 15) (6,188,000) (32,368,000)
Net cash provided by operating activities 81,738,000 24,805,000
CASH FLOWS FROM INVESTING ACTIVITIES:    
Payments to acquire fixed and intangible assets (26,058,000) (81,567,000)
Proceeds from disposal of discontinued operations, net of cash divested 0 996,642,000
Cash distributions received from equity investees - return of investment 5,645,000 6,152,000
Investments in equity investees (2,776,000) 0
Proceeds from asset sales 68,000 116,000
Net cash provided by (used in) investing activities (23,121,000) 921,343,000
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings on senior secured credit facility 357,100,000 249,000,000
Repayments on senior secured credit facility (289,400,000) (540,000,000)
Proceeds from issuance of senior unsecured notes (Note 10) 750,000,000 0
Repayment of senior unsecured notes (679,877,000) 0
Debt issuance costs (15,907,000) (1,447,000)
Contributions from noncontrolling interests 1,800,000 7,767,000
Distributions to noncontrolling interests (16,920,000) (11,151,000)
Distributions to common unitholders (22,044,000) (20,207,000)
Distributions to Class A Convertible Preferred unitholders (Note 11) (17,359,000) (26,968,000)
Redemption of Class A Convertible Preferred Units (Note 11) (137,200,000) (262,500,000)
Other, net 8,963,000 7,166,000
Net cash used in financing activities (60,844,000) (598,340,000)
Net increase (decrease) in cash, cash equivalents and restricted cash (2,227,000) 347,808,000
Cash, cash equivalents and restricted cash at beginning of period 4,210,000 377,360,000
Cash, cash equivalents, and restricted cash at beginning of period: discontinued operations 0 22,200,000
Cash and cash equivalents at beginning of period: continuing operations 6,437,000 7,352,000
Cash and cash equivalents at end of period $ 4,210,000 $ 377,360,000