XML 116 R34.htm IDEA: XBRL DOCUMENT v3.19.3
Investments in Unconsolidated Affiliates (Tables)
 9 Months Ended
Sep. 30, 2019
Equity Method Investments And Joint Ventures [Abstract]  
Activity Related to Partnership's Investments in Unconsolidated Affiliates

The following table shows the activity related to our investments in unconsolidated affiliates:

 

 

 

Balance at December 31, 2018

 

 

Equity Earnings (Loss)

 

 

Cash Distributions

 

 

Disposition

 

 

Contributions

 

 

Balance at September 30, 2019

 

GCX (1)

 

$

211.6

 

 

$

8.9

 

 

$

(5.3

)

 

$

—

 

 

$

210.4

 

 

$

425.6

 

T2 Eagle Ford (2)

 

 

99.0

 

 

 

(7.5

)

 

 

—

 

 

 

—

 

 

 

—

 

 

 

91.5

 

Little Missouri 4

 

 

67.3

 

 

 

0.1

 

 

 

—

 

 

 

—

 

 

 

33.0

 

 

 

100.4

 

T2 LaSalle (2)

 

 

49.3

 

 

 

(3.5

)

 

 

—

 

 

 

—

 

 

 

—

 

 

 

45.8

 

GCF

 

 

40.3

 

 

 

14.0

 

 

 

(14.7

)

 

 

—

 

 

 

—

 

 

 

39.6

 

Cayenne

 

 

16.6

 

 

 

5.4

 

 

 

(6.7

)

 

 

—

 

 

 

0.3

 

 

 

15.6

 

Agua Blanca

 

 

6.4

 

 

 

(1.5

)

 

 

(0.4

)

 

 

(4.5

)

 

 

—

 

 

 

—

 

Total

 

$

490.5

 

 

$

15.9

 

 

$

(27.1

)

 

$

(4.5

)

 

$

243.7

 

 

$

718.5

 

 

(1)

Our 25% interest in GCX is owned by Targa GCX Pipeline LLC (“GCX DevCo JV”), of which we own a 20% interest. GCX DevCo JV is accounted for on a consolidated basis in our consolidated financial statements.

(2)

As of September 30, 2019, $23.5 million of unamortized excess fair value over the T2 LaSalle and T2 Eagle Ford capital accounts remained. These basis differences, which are attributable to the underlying depreciable tangible gathering assets, are being amortized on a straight-line basis as components of equity earnings over the estimated 20-year useful lives of the underlying assets.