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Partners' Capital (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2016
Dec. 31, 2015
Schedule of Limited Partners' Capital Account by Class  

The table below presents limited partner unit issuances by Legacy Crestwood, Inergy Midstream and Crestwood Midstream.

 

Issuer

   Issuance Date    Units     Per Unit
Gross Price
     Per Unit
Net Price(1)
     Net
Proceeds
(in millions)
 

Legacy Crestwood

   March 22, 2013      5,175,000 (2)      23.90         23.00         118.5   

Inergy Midstream

   September 13, 2013      11,773,191 (3)      22.50         21.69         255.2   

Crestwood Midstream

   October 23, 2013      16,100,000 (4)      N/A         21.19         340.3   

 

(1) Price is net of underwriting discounts.
(2) Includes 675,000 units that were issued in April 2013.
(3) Includes 773,191 units that were issued on October 7, 2013.
(4) Includes 2,100,000 units that were issued on October 30, 2013.

 

The components of net income (loss) attributable to non-controlling partners for the years ended December 31, 2015, 2014 and 2013 are as follows (in millions):

 

     Year Ended December 31,  
     2015      2014      2013  

Crestwood Niobrara preferred interests

   $ 23.1       $ 16.8       $ 4.9   
  

 

 

    

 

 

    

 

 

 

CMLP net income attributable to non-controlling partners

     23.1         16.8         4.9   

Crestwood Midstream limited partner interests

     (683.0      (100.8      (62.2

Crestwood Midstream Class A preferred units

     23.1         17.2         —     
  

 

 

    

 

 

    

 

 

 

CEQP net income (loss) attributable to non-controlling partners

   $ (636.8    $ (66.8    $ (57.3
  

 

 

    

 

 

    

 

 

 
Schedule of Distributions Made to Members or Limited Partners, by Distribution

The following table presents quarterly cash distributions paid to Crestwood Midstream’s limited partners (excluding distributions paid to its general partner on its common units held) during the three months ended March 31, 2015.

 

Record Date

  

Payment Date

   Per
Unit
Rate
     Cash
Distributions

(in millions)
 

February 6, 2015

   February 13, 2015    $ 0.41       $ 74.3   

A summary of CEQP’s limited partner quarterly cash distributions for the years ended December 31, 2015, 2014 and 2013 is presented below:

 

Record Date

   Payment Date    Per Unit Rate      Cash Distributions
(in millions)
 

2015

        

February 6, 2015

   February 13, 2015    $ 1.375       $ 25.8   

May 8, 2015

   May 15, 2015    $ 1.375         25.7   

August 7, 2015

   August 14, 2015    $ 1.375         25.7   

November 6, 2015

   November 13, 2015    $ 1.375       $ 94.3   
        

 

 

 
         $ 171.5   
        

 

 

 

2014

        

February 7, 2014

   February 14, 2014    $ 1.375       $ 25.6   

May 8, 2014

   May 15, 2014    $ 1.375         25.7   

August 7, 2014

   August 14, 2014    $ 1.375         25.6   

November 7, 2014

   November 14, 2014    $ 1.375         25.6   
        

 

 

 
         $ 102.5   
        

 

 

 

2013

        

August 7, 2013

   August 14, 2013    $ 1.30       $ 22.3   

November 7, 2013

   November 14, 2013    $ 1.35         25.0   
        

 

 

 
         $ 47.3   
        

 

 

 

 

 The following table presents quarterly cash distributions paid to Crestwood Midstream’s limited partners (excluding distributions paid to its general partner on its common units held) during the years ended December 31, 2015, 2014 and 2013.

 

Record Date

   Payment Date    Per Unit Rate      Cash Distributions
(in millions)
 

2015

        

February 6, 2015

   February 13, 2015    $ 0.41       $ 74.3   

May 8, 2015

   May 15, 2015    $ 0.41         74.3   

August 7, 2015

   August 14, 2015    $ 0.41         74.3   
        

 

 

 
         $ 222.9   
        

 

 

 

2014

        

February 7, 2014

   February 14, 2014    $ 0.41       $ 74.1   

May 8, 2014

   May 15, 2014    $ 0.41         74.2   

August 7, 2014

   August 14, 2014    $ 0.41         74.1   

November 7, 2014

   November 14, 2014    $ 0.41         74.1   
        

 

 

 
         $ 296.5   
        

 

 

 

2013

        

January 31, 2013

   February 12, 2013    $ 0.510       $ 21.0   

April 30, 2013

   May 10, 2013    $ 0.510         27.4   

August 1, 2013

   August 9, 2013    $ 0.510         27.4   

August 7, 2013(1)

   August 14, 2013    $ 0.400         34.3   

November 7, 2013(1)

   November 14, 2013    $ 0.405         69.5   
        

 

 

 
         $ 179.6   
        

 

 

 

 

(1) Represents distributions associated with Inergy Midstream limited partner units.
Components of Net Income (Loss) Attributable to Non-Controlling Partners

The components of net income (loss) attributable to non-controlling partners for the three months ended March 31, 2016 and 2015, are as follows (in millions):

 

     Three Months Ended
March 31,
 
     2016      2015  

Crestwood Niobrara preferred interests

   $ 5.9       $ 5.6   
  

 

 

    

 

 

 

CMLP net income attributable to non-controlling partners

     5.9         5.6   

Crestwood Midstream limited partner interests

     —           (5.0

Crestwood Midstream Class A preferred units

     —           9.2   
  

 

 

    

 

 

 

CEQP net income attributable to non-controlling partners

   $ 5.9       $ 9.8   
  

 

 

    

 

 

 
 
Crestwood Equity Partners LP    
Schedule of Distributions Made to Members or Limited Partners, by Distribution

A summary of CEQP’s limited partner quarterly cash distributions for the three months ended March 31, 2016 and 2015 is presented below:

 

Record Date

  

Payment Date

   Per
Unit
Rate
     Cash
Distributions

(in millions)
 

2016

        

February 5, 2016

   February 12, 2016    $ 1.375       $ 95.6   

2015

        

February 6, 2015

   February 13, 2015    $ 1.375       $ 25.8