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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenues:        
Gathering and processing $ 206.1 $ 275.3 $ 567.7 $ 799.5
Marketing, supply and logistics 271.3 179.3 735.2 653.0
Total product revenues 477.4 454.6 1,302.9 1,452.5
Gathering and processing 72.5 79.4 217.9 250.2
Storage and transportation 18.3 65.0 131.5 201.1
Marketing, supply and logistics 18.7 30.8 71.1 96.9
Related party (Note 13) 0.7 0.9 2.1 3.0
Total services revenues 110.2 176.1 422.6 551.2
Total revenues 587.6 630.7 1,725.5 2,003.7
Costs of product/services sold (exclusive of items shown separately below):        
Gathering and processing 221.1 275.4 618.4 818.9
Marketing, supply and logistics 229.1 149.2 605.1 538.5
Related party (Note 11) 5.0 7.2 13.7 23.2
Total product costs 455.2 431.8 1,237.2 1,380.6
Gathering and processing 0.0 0.2 0.1 0.5
Storage and transportation 0.1 5.2 4.9 15.8
Marketing, supply and logistics 11.4 12.0 37.9 41.5
Total service costs 11.5 17.4 42.9 57.8
Total costs of products/services sold 466.7 449.2 1,280.1 1,438.4
Expenses:        
Operations and maintenance 33.1 49.3 119.9 143.8
General and administrative 18.3 32.8 70.2 90.9
Depreciation, amortization and accretion 50.3 75.5 177.0 224.5
Total Expenses 101.7 157.6 367.1 459.2
Loss on long-lived assets, net (2.1) (2.3) (34.8) (3.9)
Goodwill impairment 0.0 (609.9) (109.7) (890.9)
Operating income (loss) 17.1 (588.3) (66.2) (788.7)
Earnings from unconsolidated affiliates, net 13.4 2.8 26.1 11.2
Interest and debt expense, net (27.5) (35.7) (97.9) (104.7)
Gains (Losses) on Extinguishment of Debt 0.0 (2.7) 10.0 (19.8)
Other income, net 0.2 0.2 0.4 0.5
Income (loss) before income taxes 3.2 (623.7) (127.6) (901.5)
(Provision) benefit for income taxes (0.2) 0.3 (0.2) 0.2
Net income (loss) 3.0 (623.4) (127.8) (901.3)
Net Income (Loss) Attributable to Noncontrolling Interest 6.1 (396.5) 18.0 (642.7)
Net income (loss) attributable to parent (3.1) (226.9) (145.8) (258.6)
Net income (loss) attributable to preferred unit holders 6.9 0.0 16.6 0.0
Net loss attributable to partners (10.0) (226.9) (162.4) (258.6)
Subordinated unitholders' interest in net loss 0.0 (5.4) 0.0 (6.1)
Common unitholders' interest in net loss $ (10.0) $ (221.5) $ (162.4) $ (252.5)
Net loss per limited partner unit:        
Basic (in dollars per share) $ (0.14) $ (11.78) $ (2.35) $ (13.65)
Diluted (in dollars per share) $ (0.14) $ (11.76) $ (2.35) $ (13.68)
Weighted-average limited partners’ units outstanding (in thousands):        
Basic (units) 69,050 18,834 69,002 18,468
Dilutive units (units) 0 439 0 439
Diluted (units) 69,050 19,273 69,002 18,907
Crestwood Midstream Partners LP        
Revenues:        
Gathering and processing $ 206.1 $ 275.3 $ 567.7 $ 799.5
Marketing, supply and logistics 271.3 179.3 735.2 653.0
Total product revenues 477.4 454.6 1,302.9 1,452.5
Gathering and processing 72.5 79.4 217.9 250.2
Storage and transportation 18.3 65.0 131.5 201.1
Marketing, supply and logistics 18.7 30.8 71.1 96.9
Related party (Note 13) 0.7 0.9 2.1 3.0
Total services revenues 110.2 176.1 422.6 551.2
Total revenues 587.6 630.7 1,725.5 2,003.7
Costs of product/services sold (exclusive of items shown separately below):        
Gathering and processing 221.1 275.4 618.4 818.9
Marketing, supply and logistics 229.1 149.2 605.1 538.5
Related party (Note 11) 5.0 7.2 13.7 23.2
Total product costs 455.2 431.8 1,237.2 1,380.6
Gathering and processing 0.0 0.2 0.1 0.5
Storage and transportation 0.1 5.2 4.9 15.8
Marketing, supply and logistics 11.4 12.0 37.9 41.5
Total service costs 11.5 17.4 42.9 57.8
Total costs of products/services sold 466.7 449.2 1,280.1 1,438.4
Expenses:        
Operations and maintenance 33.6 48.8 116.7 143.3
General and administrative 17.3 29.2 67.5 82.1
Depreciation, amortization and accretion 53.2 70.0 185.2 208.3
Total Expenses 104.1 148.0 369.4 433.7
Loss on long-lived assets, net (2.1) (2.3) (34.8) (3.8)
Goodwill impairment 0.0 (609.9) (109.7) (678.5)
Operating income (loss) 14.7 (578.7) (68.5) (550.7)
Earnings from unconsolidated affiliates, net 13.4 2.8 26.1 11.2
Interest and debt expense, net (27.5) (32.6) (97.9) (95.1)
Gains (Losses) on Extinguishment of Debt 0.0 (1.8) 10.0 (18.9)
Income (loss) before income taxes 0.6 (610.3) (130.3) (653.5)
(Provision) benefit for income taxes 0.0 0.1 0.0 (0.4)
Net income (loss) 0.6 (610.2) (130.3) (653.9)
Net Income (Loss) Attributable to Noncontrolling Interest 6.1 5.9 18.0 17.2
Net income (loss) attributable to parent (5.5) (616.1) (148.3) (671.1)
Net income (loss) attributable to preferred unit holders 0.0 6.4 0.0 23.1
Net loss attributable to partners $ (5.5) $ (622.5) $ (148.3) $ (694.2)