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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenues:        
Gathering and processing $ 325.3 $ 199.1 $ 618.4 $ 361.6
Marketing, supply and logistics 421.5 257.4 851.7 463.9
Total product revenues 746.8 456.5 1,470.1 825.5
Gathering and processing 79.4 69.7 154.4 145.4
Storage and transportation 8.5 53.8 18.5 113.2
Marketing, supply and logistics 15.2 21.2 34.5 52.4
Related party (Note 13) 0.4 0.7 0.9 1.4
Total services revenues 103.5 145.4 208.3 312.4
Total revenues 850.3 601.9 1,678.4 1,137.9
Costs of product/services sold (exclusive of items shown separately below):        
Gathering and processing 350.7 221.9 663.2 397.3
Marketing, supply and logistics 363.0 210.0 717.2 376.0
Related party (Note 11) 4.0 4.4 8.1 8.7
Total product costs 717.7 436.3 1,388.5 782.0
Gathering and processing 0.0 0.0 0.0 0.1
Storage and transportation 0.1 1.9 0.1 4.8
Marketing, supply and logistics 11.8 11.8 24.5 26.5
Total service costs 11.9 13.7 24.6 31.4
Total costs of products/services sold 729.6 450.0 1,413.1 813.4
Expenses:        
Operations and maintenance 34.2 45.0 67.9 86.8
General and administrative 22.7 28.9 49.1 51.9
Depreciation, amortization and accretion 48.7 64.4 97.1 126.7
Total Expenses 105.6 138.3 214.1 265.4
Goodwill impairment 0.0 0.0 0.0 (109.7)
Operating income (loss) 15.1 (19.1) 51.2 (83.3)
Earnings from unconsolidated affiliates, net 9.6 6.2 17.7 12.7
Interest and debt expense, net (24.1) (34.3) (50.6) (70.4)
Gains (Losses) on Extinguishment of Debt (0.4) 10.0 (37.7) 10.0
Other income, net 0.1 0.1 0.2 0.2
Income (loss) before income taxes 0.3 (37.1) (19.2) (130.8)
Benefit for income taxes 0.0 0.0 0.1 0.0
Net income (loss) 0.3 (37.1) (19.1) (130.8)
Net Income (Loss) Attributable to Noncontrolling Interest 6.3 6.0 12.4 11.9
Net income (loss) attributable to parent (6.0) (43.1) (31.5) (142.7)
Net income (loss) attributable to preferred unit holders 13.5 8.1 31.3 9.7
Net loss attributable to partners (19.5) (51.2) (62.8) (152.4)
Subordinated unitholders' interest in net loss 0.0 0.0 0.0 0.0
Common unitholders' interest in net loss $ (19.5) $ (51.2) $ (62.8) $ (152.4)
Net loss per limited partner unit:        
Basic (in dollars per share) $ (0.28) $ (0.74) $ (0.90) $ (2.21)
Diluted (in dollars per share) $ (0.28) $ (0.74) $ (0.90) $ (2.21)
Weighted-average limited partners’ units outstanding (in thousands):        
Basic (units) 69,655 69,044 69,676 68,978
Dilutive units (units) 0 0 0 0
Diluted (units) 69,655 69,044 69,676 68,978
Crestwood Midstream Partners LP        
Revenues:        
Gathering and processing $ 325.3 $ 199.1 $ 618.4 $ 361.6
Marketing, supply and logistics 421.5 257.4 851.7 463.9
Total product revenues 746.8 456.5 1,470.1 825.5
Gathering and processing 79.4 69.7 154.4 145.4
Storage and transportation 8.5 53.8 18.5 113.2
Marketing, supply and logistics 15.2 21.2 34.5 52.4
Related party (Note 13) 0.4 0.7 0.9 1.4
Total services revenues 103.5 145.4 208.3 312.4
Total revenues 850.3 601.9 1,678.4 1,137.9
Costs of product/services sold (exclusive of items shown separately below):        
Gathering and processing 350.7 221.9 663.2 397.3
Marketing, supply and logistics 363.0 210.0 717.2 376.0
Related party (Note 11) 4.0 4.4 8.1 8.7
Total product costs 717.7 436.3 1,388.5 782.0
Gathering and processing 0.0 0.0 0.0 0.1
Storage and transportation 0.1 1.9 0.1 4.8
Marketing, supply and logistics 11.8 11.8 24.5 26.5
Total service costs 11.9 13.7 24.6 31.4
Total costs of products/services sold 729.6 450.0 1,413.1 813.4
Expenses:        
Operations and maintenance 34.2 41.4 67.9 83.1
General and administrative 22.1 28.0 47.6 50.2
Depreciation, amortization and accretion 51.4 67.1 102.6 132.0
Total Expenses 107.7 136.5 218.1 265.3
Goodwill impairment 0.0 0.0 0.0 (109.7)
Operating income (loss) 13.0 (17.3) 47.2 (83.2)
Earnings from unconsolidated affiliates, net 9.6 6.2 17.7 12.7
Interest and debt expense, net (24.1) (34.3) (50.6) (70.4)
Gains (Losses) on Extinguishment of Debt (0.4) 10.0 (37.7) 10.0
Income (loss) before income taxes (1.9) (35.4) (23.4) (130.9)
Benefit for income taxes 0.0 (0.2) 0.1 0.0
Net income (loss) (1.9) (35.6) (23.3) (130.9)
Net Income (Loss) Attributable to Noncontrolling Interest 6.3 6.0 12.4 11.9
Net income (loss) attributable to parent $ (8.2) $ (41.6) $ (35.7) $ (142.8)