DISCONTINUED OPERATIONS - (Tables)

3 Months Ended

Mar. 31, 2023

Discontinued Operations and Disposal Groups [Abstract]

Disposal Groups, Including Discontinued Operations

The following table presents the significant components of net loss from discontinued operations:

	Three Months Ended
	March 31, 2022
Revenues
Total revenues	$	46,148
Expenses
Operating expenses	38,067
General and administrative expenses	1,130
Acquisition and transaction expenses	3,751
Management fees and incentive allocation to affiliate	4,161
Depreciation and amortization	16,996
Interest expense	6,459
Total expenses	70,564
Equity in losses of unconsolidated entities	(24,211)
Other income	69
Total other expense	(24,142)
Loss before income taxes	(48,558)
Provision for income taxes	2,147
Net loss from discontinued operations, net of income taxes	(50,705)
Less: Net loss attributable to non-controlling interests in consolidated subsidiaries	(7,466)
Net loss attributable to shareholders	(43,239)

The following table summarizes depreciation and amortization, capital expenditures, and other significant operating and investing noncash items from discontinued operations:

	Three Months Ended
	March 31, 2022
Operating activities:
Equity in losses of unconsolidated entities	$	24,211
Depreciation and amortization	16,996
Equity-based compensation	709
Investing activities:
Acquisition of property, plant and equipment	$	(52,546)
Investment in unconsolidated entities	(1,637)
Proceeds from sale of property, plant and equipment	2,910
Non-cash change in equity method investment	(94,779)

The Company accounted for Long Ridge Terminal LLC, included in discontinued operations for the three months ended March 31, 2022 included above, using the equity method of accounting. Summarized financial data for Long Ridge Terminal LLC are shown in the following table.

	Three Months Ended
Income Statement	March 31, 2022
Total revenue	$	24,411
Expenses
Operating expenses	12,447
Depreciation and amortization	12,544
Interest expense	12,861
Total expenses	37,852
Other expense	(29,234)
Net loss	$	(42,675)