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Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Jun. 30, 2019
Jun. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities(a):                            
Net income (loss) $ 61,492 $ 57,607 $ 57,638 $ 57,303 $ 54,312 $ 52,470 $ 51,432 $ 115,245 $ 103,902 $ 176,737 $ 158,214 $ 236,677 $ 215,517 $ 175,049
Adjustments to reconcile net income (loss) to net cash provided by operating activities:                            
Depreciation, amortization and accretion 51,881 51,626 51,580 51,707 51,684 52,083 52,054 103,206 104,137 155,087 155,821 207,396 207,528 207,764
Amortization of deferred financing costs     346       346 692 692 1,038 1,038 1,384 1,384 1,384
Asset write-down charges 0 185 190 249 0 0 344 375 344 375 344 1,050 593 181
Changes in assets and liabilities:                            
Increase (decrease) in accrued interest     9,622       9,622 0 0 9,622 9,622      
Increase (decrease) in accounts payable     (32)       (171) 605 449 (3,844) 500 (3,102) (81) (1,110)
Increase (decrease) in other liabilities     5,968       6,107 9,473 6,020 15,477 10,826 18,780 15,648 779
Decrease (increase) in receivables     1,516       (163) 2,597 231 1,978 (158) 1,887 (1,745) 946
Decrease (increase) in other assets     3,675       (1,485) 14,277 9,155 14,256 12,505 (13,003) (12,003) 9,574
Net cash provided by (used for) operating activities     123,153 [1]       121,056 [1] 217,916 [1] 206,620 [1] 342,214 [1] 323,702 [1] 451,069 426,841 [1] 394,567 [1]
Cash flows from investing activities(a):                            
Capital expenditures     18,678       14,766 41,358 32,300 64,204 51,995 (86,610) (70,929) [1] (48,312) [1]
Net cash provided by (used for) investing activities [1]     (18,678)       (14,766) (41,358) (32,300) (64,204) (51,995) (86,610) (70,929) (48,312)
Cash flows from financing activities(a):                            
Contribution (Distribution) from/to Member     (105,472)       (108,573) (177,586) (183,436) (278,231) (278,242) (362,759) [2] (367,976) [1],[2] (335,034) [1],[2]
Net cash provided by (used for) financing activities [1]     (105,472)       (108,573) (177,586) (183,436) (278,231) (278,242) (362,759) (367,976) (335,034)
Net increase (decrease) in cash and cash equivalents     (997)       (2,283) (1,028) (9,116) (221) (6,535) 1,700 (12,064) 11,221
Cash and cash equivalents at beginning of year 17,679 17,710 18,707 24,236 21,655 28,488 30,771 18,707 30,771 18,707 30,771 18,707 30,771 19,550
Cash and cash equivalents at end of year $ 18,486 $ 17,679 $ 17,710 $ 18,707 $ 24,236 $ 21,655 $ 28,488 $ 17,679 $ 21,655 $ 18,486 $ 24,236 $ 20,407 $ 18,707 $ 30,771
[1]
The Company receives no cash from, and is not party to, the CCIC transactions described in note 2. Such transactions, however, are reflected on the cash flow statement for GAAP purposes as if an amount equal to the lease component for such transactions had been received by the Company, and as such, the amounts have been recorded as fixed assets (in the form of permanent improvements) and deferred revenues.
[2]
The Company receives no cash from, and is not party to, the CCIC transactions described in note 2.