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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenues:        
Gathering and processing $ 353.3 $ 206.1 $ 971.7 $ 567.7
Marketing, supply and logistics 502.0 271.3 1,353.7 735.2
Total product revenues 855.3 477.4 2,325.4 1,302.9
Gathering and processing 80.6 72.5 235.0 217.9
Storage and transportation 6.2 18.3 24.7 131.5
Marketing, supply and logistics 13.0 18.7 47.5 71.1
Related party (Note 13) 0.5 0.7 1.4 2.1
Total services revenues 100.3 110.2 308.6 422.6
Total revenues 955.6 587.6 2,634.0 1,725.5
Costs of product/services sold (exclusive of items shown separately below):        
Gathering and processing 374.9 221.1 1,038.1 618.4
Marketing, supply and logistics 468.4 229.1 1,185.6 605.1
Related party (Note 11) 3.7 5.0 11.8 13.7
Total product costs 847.0 455.2 2,235.5 1,237.2
Gathering and processing 0.0 0.0 0.0 0.1
Storage and transportation 0.2 0.1 0.3 4.9
Marketing, supply and logistics 11.3 11.4 35.8 37.9
Total service costs 11.5 11.5 36.1 42.9
Total costs of products/services sold 858.5 466.7 2,271.6 1,280.1
Expenses:        
Operations and maintenance 35.5 33.1 103.4 119.9
General and administrative 22.5 18.3 71.6 70.2
Depreciation, amortization and accretion 48.1 50.3 145.2 177.0
Total Expenses 106.1 101.7 320.2 367.1
Goodwill impairment 0.0 0.0 0.0 (109.7)
Operating income (loss) (15.3) 17.1 35.9 (66.2)
Earnings from unconsolidated affiliates, net 11.5 13.4 29.2 26.1
Interest and debt expense, net (24.2) (27.5) (74.8) (97.9)
Gains (Losses) on Extinguishment of Debt 0.0 0.0 (37.7) 10.0
Other income, net 0.2 0.2 0.4 0.4
Income (loss) before income taxes (27.8) 3.2 (47.0) (127.6)
Provision for income taxes (0.1) (0.2) 0.0 (0.2)
Net income (loss) (27.9) 3.0 (47.0) (127.8)
Net Income (Loss) Attributable to Noncontrolling Interest 6.4 6.1 18.8 18.0
Net income (loss) attributable to parent (34.3) (3.1) (65.8) (145.8)
Net income (loss) attributable to preferred unit holders 16.2 6.9 47.5 16.6
Net loss attributable to partners (50.5) (10.0) (113.3) (162.4)
Subordinated unitholders' interest in net loss 0.0 0.0 0.0 0.0
Common unitholders' interest in net loss $ (50.5) $ (10.0) $ (113.3) $ (162.4)
Net loss per limited partner unit:        
Basic (in dollars per share) $ (0.72) $ (0.14) $ (1.63) $ (2.35)
Diluted (in dollars per share) $ (0.72) $ (0.14) $ (1.63) $ (2.35)
Weighted-average limited partners’ units outstanding (in thousands):        
Basic (units) 69,725 69,050 69,692 69,002
Dilutive units (units) 0 0 0 0
Diluted (units) 69,725 69,050 69,692 69,002
Crestwood Midstream Partners LP        
Revenues:        
Gathering and processing $ 353.3 $ 206.1 $ 971.7 $ 567.7
Marketing, supply and logistics 502.0 271.3 1,353.7 735.2
Total product revenues 855.3 477.4 2,325.4 1,302.9
Gathering and processing 80.6 72.5 235.0 217.9
Storage and transportation 6.2 18.3 24.7 131.5
Marketing, supply and logistics 13.0 18.7 47.5 71.1
Related party (Note 13) 0.5 0.7 1.4 2.1
Total services revenues 100.3 110.2 308.6 422.6
Total revenues 955.6 587.6 2,634.0 1,725.5
Costs of product/services sold (exclusive of items shown separately below):        
Gathering and processing 374.9 221.1 1,038.1 618.4
Marketing, supply and logistics 468.4 229.1 1,185.6 605.1
Related party (Note 11) 3.7 5.0 11.8 13.7
Total product costs 847.0 455.2 2,235.5 1,237.2
Gathering and processing 0.0 0.0 0.0 0.1
Storage and transportation 0.2 0.1 0.3 4.9
Marketing, supply and logistics 11.3 11.4 35.8 37.9
Total service costs 11.5 11.5 36.1 42.9
Total costs of products/services sold 858.5 466.7 2,271.6 1,280.1
Expenses:        
Operations and maintenance 35.5 33.6 103.4 116.7
General and administrative 21.4 17.3 69.0 67.5
Depreciation, amortization and accretion 50.9 53.2 153.5 185.2
Total Expenses 107.8 104.1 325.9 369.4
Goodwill impairment 0.0 0.0 0.0 (109.7)
Operating income (loss) (17.0) 14.7 30.2 (68.5)
Earnings from unconsolidated affiliates, net 11.5 13.4 29.2 26.1
Interest and debt expense, net (24.2) (27.5) (74.8) (97.9)
Gains (Losses) on Extinguishment of Debt 0.0 0.0 (37.7) 10.0
Income (loss) before income taxes (29.7) 0.6 (53.1) (130.3)
Provision for income taxes (0.1) 0.0 0.0 0.0
Net income (loss) (29.8) 0.6 (53.1) (130.3)
Net Income (Loss) Attributable to Noncontrolling Interest 6.4 6.1 18.8 18.0
Net income (loss) attributable to parent $ (36.2) $ (5.5) $ (71.9) $ (148.3)