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Consolidated statements of cash flows (unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities:        
Net earnings $ 22,242 $ 15,928 $ 39,172 $ 46,555
Adjustments to reconcile net earnings to net cash provided by operating activities:        
Depreciation and amortization 17,886 17,149 53,015 51,232
Earnings from unconsolidated affiliates (2,922) (3,791) (9,779) (11,835)
Distributions from unconsolidated affiliates 5,354 4,935 14,589 14,476
Equity-based compensation 419   1,257  
Amortization of deferred debt issuance costs 1,108 982 3,155 2,916
Amortization of deferred revenue (647) (274) (1,980) (1,126)
Unrealized gain on derivative instruments (15,763) (302) (15,763) (1,200)
Changes in operating assets and liabilities:        
Trade accounts receivable (2,338) 13 (15,251) (9,830)
Due from affiliates (108) 32 (318) (55)
Inventory (4,331) 4,235 (7,275) 2,287
Other current assets 1,790 140 (298) (2,159)
Long-term customer receivables 17 (225) 513 746
Right-of-use assets, operating leases 783 739 2,399 2,213
Other assets, net (1,237) (59) (2,248) (44)
Trade accounts payable 1,730 3,015 847 5,065
Accrued liabilities (3,719) 1,393 (195) 244
Operating lease liabilities (573) (546) (1,969) (1,976)
Net cash provided by operating activities 19,691 43,364 59,871 97,509
Cash flows from investing activities:        
Investments in unconsolidated affiliates   (527)   (3,349)
Affiliate loan     (25,000)  
Capital expenditures (10,688) (22,692) (37,080) (46,988)
Net cash used in investing activities (10,688) (23,219) (62,080) (50,337)
Cash flows from financing activities:        
Repayments of senior secured term loan     (5,000)  
Repayments of SeaPort Financing term loan   (524)   (1,572)
Borrowings under revolving credit facility 24,500 32,400 110,700 98,100
Repayments under revolving credit facility (19,500) (33,800) (80,700) (103,500)
Debt issuance costs (152)   (737)  
Contributions from parent entities 153   259  
Distributions to TLP Finance Holdings, LLC for debt service (9,174) (11,737) (24,559) (35,580)
Net cash used in financing activities (4,173) (13,661) (37) (42,552)
Increase (decrease) in cash and cash equivalents 4,830 6,484 (2,246) 4,620
Cash and cash equivalents at beginning of period 11,197 13,615 18,273 15,479
Cash and cash equivalents at end of period 16,027 20,099 16,027 20,099
Supplemental disclosures of cash flow information:        
Cash paid for interest 23,834 15,103 51,121 37,047
Property, plant and equipment acquired with accounts payable 4,290 6,804 4,290 6,804
Additions to right-of-use assets obtained from new operating lease liabilities 36 $ 125 5,270 $ 15,820
Non-cash contributions from parent entities $ 572   $ 1,516