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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 59,117 $ 49,508
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Depreciation and amortization 36,205 37,436
Deferred compensation 204  
Gain on derivatives, net   (1,467)
Amortization of deferred financing costs 1,030 1,167
Changes in assets and liabilities:    
Accounts receivable, net 5,258 6,887
Prepaid expenses and other assets (230) 223
Accounts payable, accrued expenses and other current liabilities (1,062) 7,903
Accounts payable - affiliates (9,759) (18,770)
Deferred revenue - current (166) (654)
Deferred revenue - non-current (49) (49)
Other non-current liabilities (685)  
Net cash flows provided by operating activities 89,863 82,184
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (36,554) (44,889)
Change in accrued property, plant and equipment 187 1,018
Proceeds from sale of assets 65 743
Net cash flows used in investing activities (36,302) (43,128)
CASH FLOWS FROM FINANCING ACTIVITIES:    
New borrowings of bank debt   31,000
Repayment of bank debt (5,125) (68,250)
Dividend payments on preferred members' interest (Note 7) (4,500) (4,500)
Capital contributions from parent (Note 8) 110,950 158,000
Capital distributions to parent (Note 8) (49,800) (500)
Other financing activities (1,164) 3,558
Net cash flows provided by financing activities 50,361 119,308
Net change in cash 103,922 158,364
CASH, beginning of period 29,964 12,606
CASH, end of period $ 133,886 $ 170,970