16. Subsidiary Guarantors

The 2022 Notes and the 2023 Notes are guaranteed on a senior unsecured basis by the Company and by all of JEH’s current subsidiaries (except Jones Energy Finance Corp. and two immaterial subsidiaries) and certain future subsidiaries, including any future subsidiaries that guarantee any indebtedness under the Revolver. Each subsidiary guarantor is 100% owned by JEH, and all guarantees are full and unconditional, subject to customary exceptions pursuant to the indentures governing our 2022 Notes and 2023 Notes, as discussed below, and joint and several with all other subsidiary guarantees and the parent guarantee. Any subsidiaries of JEH other than the subsidiary guarantors and Jones Energy Finance Corp. are immaterial.

As of December 31, 2016, the 2022 Notes and the 2023 Notes were guaranteed on a senior unsecured basis by the Company and by all of its significant subsidiaries, other than Nosley SCOOP, LLC and Nosley Acquisition, LLC. These subsidiaries have since become guarantors during the first quarter of 2017 and are therefore presented accordingly in the accompanying condensed consolidated guarantor financial information.

Guarantees of the 2022 Notes and 2023 Notes will be released under certain circumstances, including (i) in connection with any sale or other disposition of (a) all or substantially all of the properties or assets of a guarantor (including by way of merger or consolidation) or (b) all of the capital stock of such guarantor, in each case, to a person that is not the Company or a restricted subsidiary of the Company, (ii) if the Company designates any restricted subsidiary that is a guarantor as an unrestricted subsidiary, (iii) upon legal defeasance, covenant defeasance or satisfaction and discharge of the applicable indenture, or (iv) at such time as such guarantor ceases to guarantee any other indebtedness of the Company or any other guarantor.

The Company is a holding company whose sole material asset is an equity interest in JEH. The Company is the sole managing member of JEH and is responsible for all operational, management and administrative decisions related to JEH’s business. In accordance with JEH’s limited liability company agreement, the Company may not be removed as the sole managing member of JEH.

As of June 30, 2017, the Company held 66,649,057 JEH Units and all of the preferred units representing membership interests in JEH, and the remaining 29,823,927 JEH Units are held by the Class B shareholders. The Class B shareholders have no voting rights with respect to their economic interest in JEH.

The Company has two classes of common stock, Class A common stock, which was sold to investors in the IPO, and Class B common stock, and one series of preferred stock, Series A preferred stock. Pursuant to the Company’s certificate of incorporation, each share of Class A common stock is entitled to one vote per share, and the shares of Class A common stock are entitled to 100% of the economic interests in the Company. Each share of Class B common stock has no economic rights in the Company, but entitles its holder to one vote on all matters to be voted on by the Company’s stockholders generally. Except as required by law or the Company’s certificate of incorporation, which includes the certificate of designations for the Series A preferred stock, the holders of Series A preferred stock have no voting rights (other than with respect to certain matters regarding the Series A preferred stock or when dividends payable on the Series A preferred stock have not been paid for an aggregate of six quarterly dividend periods, or more, whether or not consecutive, as provided in the certificate of designations for the Series A preferred stock).

In connection with a reorganization that occurred immediately prior to the IPO, each Existing Owner was issued a number of shares of Class B common stock that was equal to the number of JEH Units that such Class B shareholders held. Holders of the Company’s Class A common stock and Class B common stock generally vote together as a single class on all matters presented to the Company’s stockholders for their vote or approval. Accordingly, the Class B shareholders collectively have a number of votes in the Company equal to the aggregate number of JEH Units that they hold.

The Class B shareholders have the right, pursuant to the terms of an exchange agreement by and among the Company, JEH and each of the Class B shareholders (the “Exchange Agreement”), to exchange their JEH Units (together with a corresponding number of shares of Class B common stock) for shares of Class A common stock on a one-for-one basis, subject to customary conversion rate adjustments for stock splits, stock dividends and reclassifications and other similar transactions. As a result, the Company expects that over time the Company will have an increasing economic interest in JEH as Class B common stock and JEH Units are exchanged for Class A common stock. Moreover, any transfers of JEH Units outside of the Exchange Agreement (other than permitted transfers to affiliates) must be approved by the Company. The Company intends to retain full voting and management control over JEH.

During the preparation of the condensed consolidating financial information of Jones Energy, Inc. and Subsidiaries as of and for the three and six months period ended June 30, 2017, it was determined that the Issuer Investment in subsidiaries and the related Eliminations at December 31, 2016 as filed in the Company’s 2016 Form 10-K were improperly calculated and understated by $453.2 million. Additionally, it was determined that the Guarantor Subsidiaries Intercompany payable balances and the related Eliminations and the Issuer Intercompany receivable and the related Eliminations at December 31, 2016 as filed in the Company’s 2016 Form 10-K were improperly calculated and overstated by $453.2 million and $80.0 million, respectively. In addition, it was determined that the Issuer Equity interest in income (loss) and the related Eliminations for the three and six months period ended June 30, 2016 as filed in the Company’s second quarter 2016 Form 10-Q were improperly calculated and understated by $35.7 million and $5.8 million, respectively. Lastly, it was determined that the Issuer Adjustments to reconcile net income (loss) to net cash provided by operating activities and the related Eliminations for the six months period ended June 30, 2016 as filed in the Company’s second quarter 2016 Form 10-Q was improperly calculated and overstated by $5.8 million.

The errors, which the Company has determined are not material to this disclosure, had no impact on the total assets of the Parent or the Guarantor Subsidiaries and are eliminated upon consolidation, and therefore have no impact on the Company’s consolidated financial condition, results of operations or cash flows.

The Company has revised the Condensed Consolidating Balance Sheets for the Issuer, Guarantor Subsidiaries and Eliminations as of December 31, 2016, the Condensed Consolidating Income Statements for the Issuer and Eliminations for the three and six months period ended June 30, 2016 and the Condensed Consolidating Statement of Cash Flows for the six months ended June 30, 2016 to correct for these errors.

Jones Energy, Inc.

Condensed Consolidating Balance Sheet

June 30, 2017


					Guarantor		Non-Guarantor
(in thousands of dollars)	JEI (Parent)		Issuers		Subsidiaries		Subsidiaries		Eliminations		Consolidated
Assets
Current assets
Cash	$	3,254	$	781	$	2,199	$	20	$	—	$	6,254
Accounts receivable, net
Oil and gas sales		—		—		24,557		—		—		24,557
Joint interest owners		—		—		9,032		—		—		9,032
Other		—		3,943		3,262		—		—		7,205
Commodity derivative assets		—		39,823		—		—		—		39,823
Other current assets		2,746		311		8,324		—		—		11,381
Assets held for sale		—		—		3,455		—		—		3,455
Intercompany receivable		18,567		1,204,759		—		—		(1,223,326)		—
Total current assets		24,567		1,249,617		50,829		20		(1,223,326)		101,707
Assets held for sale, net		—		—		64,200		—		—		64,200
Oil and gas properties, net, at cost under the successful efforts method		—		—		1,545,991		—		—		1,545,991
Other property, plant and equipment, net		—		—		2,239		573		—		2,812
Commodity derivative assets		—		5,914		—		—		—		5,914
Other assets		—		4,467		928		—		—		5,395
Investment in subsidiaries		432,964		394,331		—		—		(827,295)		—
Total assets	$	457,531	$	1,654,329	$	1,664,187	$	593	$	(2,050,621)	$	1,726,019
Liabilities and Stockholders’ Equity
Current liabilities
Trade accounts payable	$	27	$	62	$	55,964	$	—	$	—	$	56,053
Oil and gas sales payable		—		—		22,301		—		—		22,301
Accrued liabilities		33		11,418		8,120		—		—		19,571
Commodity derivative liabilities		—		3,036		—		—		—		3,036
Other current liabilities		639		1,985		5,475		—		—		8,099
Liabilities related to assets held for sale		—		—		7,472		—		—		7,472
Intercompany payable		—		—		1,220,390		2,936		(1,223,326)		—
Total current liabilities		699		16,501		1,319,722		2,936		(1,223,326)		116,532
Liabilities related to assets held for sale		—		—		1,143		—		—		1,143
Long-term debt		—		728,163		—		—		—		728,163
Deferred revenue		—		6,106		—		—		—		6,106
Commodity derivative liabilities		—		123		—		—		—		123
Asset retirement obligations		—		—		19,061		—		—		19,061
Liability under tax receivable agreement		11,807		—		—		—		—		11,807
Other liabilities		—		236		666		—		—		902
Deferred tax liabilities		85		2,826		—		—		—		2,911
Total liabilities		12,591		753,955		1,340,592		2,936		(1,223,326)		886,748
Mezzanine equity
Series A preferred stock, $0.001 par value; 1,840,000 shares issued and outstanding at June 30, 2017		89,288		—		—		—		—		89,288
Stockholders’/ members' equity (deficit)
Members' equity		—		900,374		323,595		(2,343)		(1,221,626)		—
Class A common stock, $0.001 par value; 66,671,659 shares issued and 66,649,057 shares outstanding at June 30, 2017		67		—		—		—		—		67
Class B common stock, $0.001 par value; 29,823,927 shares issued and outstanding at June 30, 2017		30		—		—		—		—		30
Treasury stock, at cost: 22,602 shares at June 30, 2017		(358)		—		—		—		—		(358)
Additional paid-in-capital		477,390		—		—		—		—		477,390
Retained earnings (deficit)		(121,477)		—		—		—		—		(121,477)
Stockholders' equity (deficit)		355,652		900,374		323,595		(2,343)		(1,221,626)		355,652
Non-controlling interest		—		—		—		—		394,331		394,331
Total stockholders’ equity		355,652		900,374		323,595		(2,343)		(827,295)		749,983
Total liabilities and stockholders’ equity	$	457,531	$	1,654,329	$	1,664,187	$	593	$	(2,050,621)	$	1,726,019

Jones Energy, Inc.

Condensed Consolidating Balance Sheet

December 31, 2016


					Guarantor		Non-Guarantor
(in thousands of dollars)	JEI (Parent)		Issuers		Subsidiaries		Subsidiaries		Eliminations		Consolidated
Assets
Current assets
Cash	$	27,164	$	1,975	$	5,483	$	20	$	—	$	34,642
Accounts receivable, net
Oil and gas sales		—		—		26,568		—		—		26,568
Joint interest owners		—		—		5,267		—		—		5,267
Other		—		5,434		627		—		—		6,061
Commodity derivative assets		—		24,100		—		—		—		24,100
Other current assets		—		422		2,262		—		—		2,684
Intercompany receivable		15,666		1,100,834		—		—		(1,116,500)		—
Total current assets		42,830		1,132,765		40,207		20		(1,116,500)		99,322
Oil and gas properties, net, at cost under the successful efforts method		—		—		1,743,588		—		—		1,743,588
Other property, plant and equipment, net		—		—		2,378		618		—		2,996
Commodity derivative assets		—		34,744		—		—		—		34,744
Other assets		—		5,265		785		—		—		6,050
Investment in subsidiaries		531,363		453,237		—		—		(984,600)		—
Total assets	$	574,193	$	1,626,011	$	1,786,958	$	638	$	(2,101,100)	$	1,886,700
Liabilities and Stockholders’ Equity
Current liabilities
Trade accounts payable	$	—	$	13	$	36,514	$	—	$	—	$	36,527
Oil and gas sales payable		—		—		28,339		—		—		28,339
Accrued liabilities		3,874		11,227		10,597		9		—		25,707
Commodity derivative liabilities		—		14,650		—		—		—		14,650
Other current liabilities		—		1,984		600		—		—		2,584
Intercompany payable		—		—		1,113,704		2,796		(1,116,500)		—
Total current liabilities		3,874		27,874		1,189,754		2,805		(1,116,500)		107,807
Long-term debt		—		724,009		—		—		—		724,009
Deferred revenue		—		7,049		—		—		—		7,049
Commodity derivative liabilities		—		1,209		—		—		—		1,209
Asset retirement obligations		—		—		19,458		—		—		19,458
Liability under tax receivable agreement		43,045		—		—		—		—		43,045
Other liabilities		—		269		523		—		—		792
Deferred tax liabilities		85		2,820		—		—		—		2,905
Total liabilities		47,004		763,230		1,209,735		2,805		(1,116,500)		906,274
Mezzanine equity
Series A preferred stock, $0.001 par value; 1,840,000 shares issued and outstanding at December 31, 2016		88,975		—		—		—		—		88,975
Stockholders’/ members' equity (deficit)
Members' equity		—		862,781		577,223		(2,167)		(1,437,837)		—
Class A common stock, $0.001 par value; 57,048,076 shares issued and 57,025,474 shares outstanding at December 31, 2016		57		—		—		—		—		57
Class B common stock, $0.001 par value; 29,832,098 shares issued and outstanding at December 31, 2016		30		—		—		—		—		30
Treasury stock, at cost: 22,602 shares at December 31, 2016		(358)		—		—		—		—		(358)
Additional paid-in-capital		447,137		—		—		—		—		447,137
Retained earnings (deficit)		(8,652)		—		—		—		—		(8,652)
Stockholders' equity (deficit)		438,214		862,781		577,223		(2,167)		(1,437,837)		438,214
Non-controlling interest		—		—		—		—		453,237		453,237
Total stockholders’ equity		438,214		862,781		577,223		(2,167)		(984,600)		891,451
Total liabilities and stockholders’ equity	$	574,193	$	1,626,011	$	1,786,958	$	638	$	(2,101,100)	$	1,886,700

Jones Energy, Inc.

Condensed Consolidating Statement of Operations

Three Months Ended June 30, 2017


					Guarantor		Non-Guarantor
(in thousands of dollars)	JEI (Parent)		Issuers		Subsidiaries		Subsidiaries		Eliminations		Consolidated
Operating revenues
Oil and gas sales	$	—	$	—	$	48,114	$	—	$	—	$	48,114
Other revenues		—		485		27		—		—		512
Total operating revenues		—		485		48,141		—		—		48,626
Operating costs and expenses
Lease operating		—		—		9,425		—		—		9,425
Production and ad valorem taxes		—		—		2,790		—		—		2,790
Exploration		—		—		6,725		—		—		6,725
Depletion, depreciation and amortization		—		—		45,313		23		—		45,336
Impairment of oil and gas properties		—		—		161,886		—		—		161,886
Accretion of ARO liability		—		—		266		—		—		266
General and administrative		—		2,920		5,626		87		—		8,633
Total operating expenses		—		2,920		232,031		110		—		235,061
Operating income (loss)		—		(2,435)		(183,890)		(110)		—		(186,435)
Other income (expense)
Interest expense		—		(12,941)		264		—		—		(12,677)
Net gain (loss) on commodity derivatives		—		21,527		—		—		—		21,527
Other income (expense)		29,913		(24)		(55)		—		—		29,834
Other income (expense), net		29,913		8,562		209		—		—		38,684
Income (loss) before income tax		29,913		6,127		(183,681)		(110)		—		(147,751)
Equity interest in income (loss)		(121,557)		(56,107)		—		—		177,664		—
Income tax provision (benefit)		(2,405)		(14)		—		—		—		(2,419)
Net income (loss)		(89,239)		(49,966)		(183,681)		(110)		177,664		(145,332)
Net income (loss) attributable to non-controlling interests		—		—		—		—		(56,093)		(56,093)
Net income (loss) attributable to controlling interests	$	(89,239)	$	(49,966)	$	(183,681)	$	(110)	$	233,757	$	(89,239)
Dividends and accretion on preferred stock		(1,966)		—		—		—		—		(1,966)
Net income (loss) attributable to common shareholders	$	(91,205)	$	(49,966)	$	(183,681)	$	(110)	$	233,757	$	(91,205)

Jones Energy, Inc.

Condensed Consolidating Statement of Operations

Six Months Ended June 30, 2017


					Guarantor		Non-Guarantor
(in thousands of dollars)	JEI (Parent)		Issuers		Subsidiaries		Subsidiaries		Eliminations		Consolidated
Operating revenues
Oil and gas sales	$	—	$	—	$	88,791	$	—	$	—	$	88,791
Other revenues		—		942		126		—		—		1,068
Total operating revenues		—		942		88,917		—		—		89,859
Operating costs and expenses
Lease operating		—		—		18,231		—		—		18,231
Production and ad valorem taxes		—		—		1,884		—		—		1,884
Exploration		—		—		9,669		—		—		9,669
Depletion, depreciation and amortization		—		—		80,945		45		—		80,990
Impairment of oil and gas properties		—		—		161,886		—		—		161,886
Accretion of ARO liability		—		—		467		—		—		467
General and administrative		—		5,913		10,630		131		—		16,674
Total operating expenses		—		5,913		283,712		176		—		289,801
Operating income (loss)		—		(4,971)		(194,795)		(176)		—		(199,942)
Other income (expense)
Interest expense		—		(25,755)		191		—		—		(25,564)
Net gain (loss) on commodity derivatives		—		43,847		—		—		—		43,847
Other income (expense)		30,581		(48)		(119)		—		—		30,414
Other income (expense), net		30,581		18,044		72		—		—		48,697
Income (loss) before income tax		30,581		13,073		(194,723)		(176)		—		(151,245)
Equity interest in income (loss)		(123,611)		(58,215)		—		—		181,826		—
Income tax provision (benefit)		(2,404)		6		—		—		—		(2,398)
Net income (loss)		(90,626)		(45,148)		(194,723)		(176)		181,826		(148,847)
Net income (loss) attributable to non-controlling interests		—		—		—		—		(58,221)		(58,221)
Net income (loss) attributable to controlling interests	$	(90,626)	$	(45,148)	$	(194,723)	$	(176)	$	240,047	$	(90,626)
Dividends and accretion on preferred stock		(3,993)		—		—		—		—		(3,993)
Net income (loss) attributable to common shareholders	$	(94,619)	$	(45,148)	$	(194,723)	$	(176)	$	240,047	$	(94,619)

Jones Energy, Inc.

Condensed Consolidating Statement of Operations

Three Months Ended June 30, 2016


					Guarantor		Non-Guarantor
(in thousands of dollars)	JEI (Parent)		Issuers		Subsidiaries		Subsidiaries		Eliminations		Consolidated
Operating revenues
Oil and gas sales	$	—	$	—	$	28,398	$	—	$	—	$	28,398
Other revenues		—		596		150		—		—		746
Total operating revenues		—		596		28,548		—		—		29,144
Operating costs and expenses
Lease operating		—		—		7,545		—		—		7,545
Production and ad valorem taxes		—		—		1,727		—		—		1,727
Exploration		—		—		77		—		—		77
Depletion, depreciation and amortization		—		—		38,118		19		—		38,137
Accretion of ARO liability		—		—		297		—		—		297
General and administrative		—		3,293		4,806		27		—		8,126
Total operating expenses		—		3,293		52,570		46		—		55,909
Operating income (loss)		—		(2,697)		(24,022)		(46)		—		(26,765)
Other income (expense)
Interest expense		—		(12,727)		(80)		—		—		(12,807)
Gain on debt extinguishment		—		8,878		—		—		—		8,878
Net gain (loss) on commodity derivatives		—		(40,002)		—		—		—		(40,002)
Other income (expense)		(267)		(73)		2		—		—		(338)
Other income (expense), net		(267)		(43,924)		(78)		—		—		(44,269)
Income (loss) before income tax		(267)		(46,621)		(24,100)		(46)		—		(71,034)
Equity interest in income (loss)		(35,100)		(35,667)		—		—		70,767		—
Income tax provision (benefit)		(12,122)		(266)		—		—		—		(12,388)
Net income (loss)		(23,245)		(82,022)		(24,100)		(46)		70,767		(58,646)
Net income (loss) attributable to non-controlling interests		—		—		—		—		(35,401)		(35,401)
Net income (loss) attributable to controlling interests	$	(23,245)	$	(82,022)	$	(24,100)	$	(46)	$	106,168	$	(23,245)

Jones Energy, Inc.

Condensed Consolidating Statement of Operations

Six Months Ended June 30, 2016


					Guarantor		Non-Guarantor
(in thousands of dollars)	JEI (Parent)		Issuers		Subsidiaries		Subsidiaries		Eliminations		Consolidated
Operating revenues
Oil and gas sales	$	—	$	—	$	53,478	$	—	$	—	$	53,478
Other revenues		—		1,241		283		—		—		1,524
Total operating revenues		—		1,241		53,761		—		—		55,002
Operating costs and expenses
Lease operating		—		—		16,162		—		—		16,162
Production and ad valorem taxes		—		—		3,328		—		—		3,328
Exploration		—		—		239		—		—		239
Depletion, depreciation and amortization		—		—		79,857		42		—		79,899
Accretion of ARO liability		—		—		590		—		—		590
General and administrative		—		6,171		9,407		52		—		15,630
Total operating expenses		—		6,171		109,583		94		—		115,848
Operating income (loss)		—		(4,930)		(55,822)		(94)		—		(60,846)
Other income (expense)
Interest expense		—		(27,766)		161		—		—		(27,605)
Gain on debt extinguishment		—		99,530		—		—		—		99,530
Net gain (loss) on commodity derivatives		—		(22,783)		—		—		—		(22,783)
Other income (expense)		162		(274)		(1)		—		—		(113)
Other income (expense), net		162		48,707		160		—		—		49,029
Income (loss) before income tax		162		43,777		(55,662)		(94)		—		(11,817)
Equity interest in income (loss)		(6,132)		(5,847)		—		—		11,979		—
Income tax provision (benefit)		(1,636)		(49)		—		—		—		(1,685)
Net income (loss)		(4,334)		37,979		(55,662)		(94)		11,979		(10,132)
Net income (loss) attributable to non-controlling interests		—		—		—		—		(5,798)		(5,798)
Net income (loss) attributable to controlling interests	$	(4,334)	$	37,979	$	(55,662)	$	(94)	$	17,777	$	(4,334)

Jones Energy, Inc.

Condensed Consolidating Statement of Cash Flows

Six Months Ended June 30, 2017


					Guarantor		Non-Guarantor
(in thousands of dollars)	JEI (Parent)		Issuers		Subsidiaries		Subsidiaries		Eliminations		Consolidated
Cash flows from operating activities
Net income (loss)	$	(90,626)	$	(45,148)	$	(194,723)	$	(176)	$	181,826	$	(148,847)
Adjustments to reconcile net income (loss) to net cash provided by operating activities		60,656		(2,685)		294,004		176		(181,826)		170,325
Net cash (used in) / provided by operations		(29,970)		(47,833)		99,281		—		—		21,478
Cash flows from investing activities
Additions to oil and gas properties		—		—		(107,250)		—		—		(107,250)
Net adjustments to purchase price of properties acquired		—		—		2,391		—		—		2,391
Proceeds from sales of assets		—		—		2,730		—		—		2,730
Acquisition of other property, plant and equipment		—		—		(436)		—		—		(436)
Current period settlements of matured derivative contracts		—		45,738		—		—		—		45,738
Net cash (used in) / provided by investing		—		45,738		(102,565)		—		—		(56,827)
Cash flows from financing activities
Proceeds from issuance of long-term debt		—		75,000		—		—		—		75,000
Repayment of long-term debt		—		(72,000)		—		—		—		(72,000)
Payment of cash dividends on preferred stock		(3,367)		—		—		—		—		(3,367)
Net distributions paid to JEH unitholders		1,075		(1,637)		—		—		—		(562)
Net payments for share based compensation		—		(462)		—		—		—		(462)
Proceeds from sale of common stock		8,352		—		—		—		—		8,352
Net cash (used in) / provided by financing		6,060		901		—		—		—		6,961
Net increase (decrease) in cash		(23,910)		(1,194)		(3,284)		—		—		(28,388)
Cash
Beginning of period		27,164		1,975		5,483		20		—		34,642
End of period	$	3,254	$	781	$	2,199	$	20	$	—	$	6,254

Jones Energy, Inc.

Condensed Consolidating Statement of Cash Flows

Six Months Ended June 30, 2016


					Guarantor		Non-Guarantor
(in thousands of dollars)	JEI (Parent)		Issuers		Subsidiaries		Subsidiaries		Eliminations		Consolidated
Cash flows from operating activities
Net income (loss)	$	(4,334)	$	37,979	$	(55,662)	$	(94)	$	11,979	$	(10,132)
Adjustments to reconcile net income (loss) to net cash provided by operating activities		3,278		(86,767)		111,506		94		(11,979)		16,132
Net cash (used in) / provided by operations		(1,056)		(48,788)		55,844		—		—		6,000
Cash flows from investing activities
Additions to oil and gas properties		—		—		(27,592)		—		—		(27,592)
Proceeds from sales of assets		—		—		5		—		—		5
Acquisition of other property, plant and equipment		—		—		12		—		—		12
Current period settlements of matured derivative contracts		—		77,622		—		—		—		77,622
Net cash (used in) / provided by investing		—		77,622		(27,575)		—		—		50,047
Cash flows from financing activities
Proceeds from issuance of long-term debt		—		75,000		—		—		—		75,000
Purchase of senior notes		—		(84,589)		—		—		—		(84,589)
Net distributions paid to JEH unitholders		9,910		(20,019)		—		—		—		(10,109)
Proceeds from sale of common stock		1,056		—		—		—		—		1,056
Net cash (used in) / provided by financing		10,966		(29,608)		—		—		—		(18,642)
Net increase (decrease) in cash		9,910		(774)		28,269		—		—		37,405
Cash												—
Beginning of period		100		12,448		9,325		20		—		21,893
End of period	$	10,010	$	11,674	$	37,594	$	20	$	—	$	59,298