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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities    
Net income $ 79,048 $ 21,165
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 50,655 54,310
Amortization of deferred financing fees 2,567 2,554
Amortization of senior notes discount   773
Bad debt expense 360 339
Unit-based compensation expense 587 1,590
Write-off of financing fees 667 188
Net gain on sale and disposition of assets (68) (575)
Long-lived asset impairment 1,724  
Changes in operating assets and liabilities, excluding net assets acquired:    
Accounts receivable 180,003 (39,467)
Accounts receivable - affiliate 327 704
Inventories 106,142 (40,009)
Broker margin deposits 2,170 (5,188)
Prepaid expenses, all other current assets and other assets (12,546) 7,460
Accounts payable (210,035) (25,852)
Trustee taxes payable 807 (2,407)
Change in derivatives (48,616) 25,408
Accrued expenses, all other current liabilities and other long-term liabilities 8,211 (34,485)
Net cash provided by operating activities 162,003 (33,492)
Cash flows from investing activities    
Capital expenditures (21,746) (29,974)
Seller note issuances (1,188) (640)
Proceeds from sale of property and equipment 6,082 10,053
Net cash used in investing activities (16,852) (20,561)
Cash flows from financing activities    
Repurchase of common units (291)  
LTIP units withheld for tax obligations (30) (32)
Noncontrolling interest capital contribution 400  
Distributions to limited partners and general partner (35,014) (38,390)
Net cash (used in) provided by financing activities (146,835) 56,378
Cash and cash equivalents    
(Decrease) increase in cash and cash equivalents (1,684) 2,325
Cash and cash equivalents at beginning of period 12,042 8,121
Cash and cash equivalents at end of period 10,358 10,446
Supplemental information    
Cash paid during the period for interest 32,376 34,839
Revolving Credit Facility [Member]    
Cash flows from financing activities    
Net (payments on) borrowings from credit facility (4,700) (8,000)
Working Capital Facility [Member]    
Cash flows from financing activities    
Net (payments on) borrowings from credit facility $ (107,200) $ 102,800