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Investments in Unconsolidated Affiliates Investments in Unconsolidated Affiliates (Tables)
 12 Months Ended
Dec. 31, 2017
Equity Method Investments and Joint Ventures [Abstract]  
Equity Method Investments [Table Text Block]
Distributions and Contributions
 
 
Distributions
 
Contributions
 
 
Year Ended December 31,
 
Year Ended December 31,
 
 
2017
 
2016
 
2015
 
2017
 
2016
 
2015
Stagecoach Gas
 
$
47.3

 
$
16.0

 
$
—

 
$
0.8

 
$
—

 
$
—

Jackalope(1)
 
26.3

 
27.4

 
12.5

 
3.5

 
1.4

 
25.4

Tres Holdings(2)
 
9.0

 
8.5

 
7.4

 
5.6

 
11.0

 
5.7

PRBIC(1)
 
1.6

 
2.0

 
1.9

 
—

 
—

 
10.7

Crestwood Permian(3)
 
23.4

 
—

 
—

 
117.5

 
—

 
—

Total
 
$
107.6

 
$
53.9

 
$
21.8

 
$
127.4

 
$
12.4

 
$
41.8


(1) Jackalope and PRBIC are required to make quarterly distributions of its available cash to its members based on their respective ownership percentage. We
received a cash distribution of $7.4 million from Jackalope in January 2018, and we received a cash distribution of $0.3 million from PRBIC in February
2018.
(2) Tres Holdings is required, within 30 days following the end of each quarter, to make quarterly distributions of its available cash (as defined in its limited
liability company agreement) to its members based on their respective ownership percentage.
(3) On June 21, 2017, we contributed to Crestwood Permian 100% of the equity interest of Crestwood New Mexico at our historical book value of
approximately $69.4 million. This contribution was treated as a non-cash transaction between entities under common control.
Operating Results Data

 
 
Year Ended December 31,
 
 
2017
 
2016
 
2015
 
 
Operating Revenues
 
Operating Expenses
 
Net
 Income
 
Operating Revenues
 
Operating Expenses
 
Net
 Income
 
Operating Revenues
 
Operating Expenses
 
Net
 Income
Stagecoach
 
$
168.6

 
$
77.7

 
$
91.1

 
$
99.3

 
$
44.1

 
$
55.3

 
$
—

 
$
—

 
$
—

Other(1)
 
181.8

 
143.6

 
38.9

 
127.6

 
113.9

 
13.5

 
104.7

 
79.5

 
24.9

Total
 
$
350.4

 
$
221.3

 
$
130.0

 
$
226.9

 
$
158.0

 
$
68.8

 
$
104.7

 
$
79.5

 
$
24.9



(1)
Includes our Jackalope, Tres Holdings, PRBIC and Crestwood Permian equity investments. We amortize the excess basis in certain of our equity investments as an increase in our earnings from unconsolidated affiliates. We recorded amortization of the excess basis in our Jackalope equity investment of less than $0.1 million for both the years ended December 31, 2017 and 2016, and $3.0 million for the year ended December 31, 2015, which we amortize over the life of Jackalope’s gathering agreement with Chesapeake Energy Corporation (Chesapeake). We recorded amortization of the excess basis in our Tres Holdings equity investment of approximately $1.3 million for each of the years ended December 31, 2017, 2016 and 2015, which we amortize over the life of Tres Palacios’ sublease agreement. We recorded amortization of the excess basis in our PRBIC equity investment of approximately $0.6 million and $1.6 million for the years ended December 31, 2017 and 2016, which we amortize over the life of PRBIC’s property, plant and equipment and its agreement with Chesapeake.
Financial Position Data

 
 
December 31,
 
 
2017
 
2016
 
 
Current Assets
 
Non-Current Assets
 
Current Liabilities
 
Non-Current Liabilities
 
Members’ Equity
 
Current Assets
 
Non-Current Assets
 
Current Liabilities
 
Non-Current Liabilities
 
Members’ Equity
Stagecoach(1)
 
$
55.1

 
$
1,765.4

 
$
7.0

 
$
1.4

 
$
1,812.1

 
$
57.0

 
$
1,807.6

 
$
6.0

 
$
4.1

 
$
1,854.5

Other(2)(3)
 
81.3

 
801.1

 
53.4

 
93.6

 
735.4

 
50.4

 
708.5

 
23.2

 
74.4

 
661.3

Total
 
$
136.4

 
$
2,566.5

 
$
60.4

 
$
95.0

 
$
2,547.5

 
$
107.4

 
$
2,516.1

 
$
29.2

 
$
78.5

 
$
2,515.8



(1)
As of December 31, 2017, our equity in the underlying net assets of Stagecoach Gas exceeded our investment balance by approximately $51.4 million. This excess amount is entirely attributable to goodwill and, as such, is not subject to amortization. Our Stagecoach Gas investment is included in our storage and transportation segment.
(2)
Includes our Jackalope, Tres Holdings, PRBIC and Crestwood Permian investments. As of December 31, 2017, our equity in the underlying net assets of Jackalope, Tres Holdings, PRBIC and Crestwood Permian exceeded our investment balance by approximately $0.7 million, $26.5 million, $6.4 million and $11.6 million, respectively. Our Tres Holdings and PRBIC investments are included in our storage and transportation segment and our Jackalope and Crestwood Permian investments are included in our gathering and processing segment.
(3)
On June 21, 2017, we contributed to Crestwood Permian 100% of the equity interest of Crestwood New Mexico. This contribution was treated as a transaction between entities under common control (because of our relationship with First Reserve) and the accounting standards related to such transactions requires Crestwood Permian to record the assets and liabilities of Crestwood New Mexico at our historical book value. The difference between our equity in Crestwood New Mexico’s net assets and our investment balance is not subject to amortization.
Our net investments in and earnings (loss) from our unconsolidated affiliates are as follows (in millions, unless otherwise stated):
 
Ownership Percentage
 
Investment
 
Earnings (Loss) from Unconsolidated Affiliates
 
 
December 31,
 
December 31,
 
Year Ended December 31,
 
 
2017
 
2017
 
2016
 
2017
 
2016
 
2015
 
Stagecoach Gas Services LLC
50.00
%
 
$
849.8

 
$
871.0

 
$
25.3

 
$
15.9

 
$
—

 
Jackalope Gas Gathering Services, L.L.C.
50.00
%
(1) 
184.9

 
197.2

 
10.5

 
20.8

 
(43.4
)
(3) 
Crestwood Permian Basin Holdings LLC
50.00
%
 
102.0

 
(0.5
)
 
8.4

 
(0.5
)
 
—

 
Tres Palacios Holdings LLC
50.01
%
 
37.8

 
39.0

 
2.2

 
(0.3
)
 
2.5

 
Powder River Basin Industrial Complex, LLC(2)
50.01
%
 
8.5

 
8.7

 
1.4

 
(4.4
)
(3) 
(19.9
)
(3) 
Total
 
 
$
1,183.0

 
$
1,115.4

 
$
47.8

 
$
31.5

 
$
(60.8
)
 


(1)
Excludes non-controlling interest related to our investment in Jackalope. See Note 12 for a further discussion of our non-controlling interest related to our investment in Jackalope.
(2)
During the year ended December 31, 2015, we recorded additional equity earnings of approximately $3.2 million related to a gain associated with the adjustment of our member’s capital account by our equity investee.
(3)
During the year ended December 31, 2016, we recorded a reduction of our equity earnings from PRBIC of approximately $5.8 million related to impairments recorded by our equity investee. During the year ended December 31, 2015, we recorded impairments of our PRBIC and Jackalope equity investments of approximately $23.4 million and $51.4 million. For a further discussion of these impairments, see Note 2.