Equity Investments

3 Months Ended

Mar. 31, 2023

Equity Method Investments and Joint Ventures [Abstract]

Equity Investments

6. EQUITY INVESTMENTS

The following table presents the financial statement impact of the Partnership’s equity investments for the three months ended March 31, 2023:

thousands	Balance at December 31, 2022		Equity income, net		Contributions		Distributions		Distributions in excess of cumulative earnings (1)		Balance at March 31, 2023
White Cliffs	$	16,095	$	538	$	—	$	(164)	$	(858)	$	15,611
Rendezvous	16,114		(715)		—		(100)		(476)		14,823
Mont Belvieu JV	91,310		6,884		—		(6,893)		(382)		90,919
TEG	15,856		1,655		—		(1,661)		(74)		15,776
TEP	184,687		10,079		—		(10,141)		(3,069)		181,556
FRP	192,716		9,963		—		(10,007)		(3,353)		189,319
Whitethorn LLC	146,595		(184)		110		509		—		147,030
Saddlehorn	104,191		5,238		—		(5,123)		(394)		103,912
Panola	19,311		567		—		(698)		(59)		19,121
Mi Vida	48,862		1,477		—		(1,812)		(2,956)		45,571
Red Bluff Express	108,959		3,519		—		(3,519)		(745)		108,214
Total	$	944,696	$	39,021	$	110	$	(39,609)	$	(12,366)	$	931,852

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(1)Distributions in excess of cumulative earnings, classified as investing cash flows in the consolidated statements of cash flows, are calculated on an individual-investment basis.