Investment in Unconsolidated Affiliates

9 Months Ended

Sep. 30, 2021

Equity Method Investments and Joint Ventures [Abstract]

Investment in Unconsolidated Affiliates

(9) Investment in Unconsolidated Affiliates

As of September 30, 2021, our unconsolidated investments consisted of a 38.75% ownership in GCF and a 30% ownership in the Cedar Cove JV. The following table shows the activity related to our investment in unconsolidated affiliates for the periods indicated (in millions):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2021		2020		2021		2020
GCF
Distributions	$	—	$	—	$	3.5	$	1.6
Equity in income (loss)	$	(1.7)	$	0.4	$	(8.1)	$	2.5
Cedar Cove JV
Distributions	$	0.1	$	—	$	0.3	$	0.4
Equity in loss	$	(0.6)	$	(0.6)	$	(1.8)	$	(1.7)
Total
Distributions	$	0.1	$	—	$	3.8	$	2.0
Equity in income (loss)	$	(2.3)	$	(0.2)	$	(9.9)	$	0.8

The following table shows the balances related to our investment in unconsolidated affiliates as of September 30, 2021 and December 31, 2020 (in millions):

	September 30, 2021		December 31, 2020
GCF	$	29.0	$	40.6
Cedar Cove JV (1)	(1.1)		1.0
Total investment in unconsolidated affiliates	$	27.9	$	41.6

____________________________

(1)As of September 30, 2021, our investment in the Cedar Cove JV is classified as “Other long-term liabilities” on the consolidated balance sheet.