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EQUITY METHOD INVESTMENTS
3 Months Ended
Mar. 31, 2021
Equity Method Investments And Joint Ventures [Abstract]  
EQUITY METHOD INVESTMENTS

5. EQUITY METHOD INVESTMENTS

Double E. The Partnership is responsible for leading the development, permitting and construction of the Double E Project. During the three month periods ended March 31, 2021 and 2020, the Partnership made cash investments of $5.6 million and $58.0 million, respectively, in the Double E Project. Other than the investment activity noted above, Double E did not have any results of operations for the three months ended March 31, 2021, given that the Double E Project is currently under development.

Ohio Gathering. As of March 31, 2021 and December 31, 2020, the Partnership’s ownership interest in Ohio Gathering was 38.0% and 38.2%, respectively. A reconciliation of the difference between the carrying amount of the Partnership’s interest in Ohio Gathering and the Partnership’s underlying investment per Ohio Gathering's books and records is provided in the table below as of March 31, 2021.

 

 

2021

 

 

 

(In thousands)

 

Investment in Ohio Gathering, March 31,

 

$

256,430

 

March cash distributions

 

 

2,196

 

Basis difference

 

 

214,426

 

Investment in Ohio Gathering (Books and records), February 28,

 

$

473,052