Investment in Unconsolidated Affiliates

12 Months Ended

Dec. 31, 2021

Equity Method Investments and Joint Ventures [Abstract]

Investment in Unconsolidated Affiliates

(10) Investment in Unconsolidated Affiliates

As of December 31, 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):

	Year Ended December 31,
	2021		2020		2019
GCF
Distributions	$	3.5	$	1.6	$	19.2
Equity in income (loss)	$	(9.1)	$	3.0	$	16.5
Cedar Cove JV
Distributions	$	0.4	$	0.5	$	1.0
Equity in loss (1)	$	(2.4)	$	(2.4)	$	(33.3)
Total
Distributions	$	3.9	$	2.1	$	20.2
Equity in income (loss) (1)	$	(11.5)	$	0.6	$	(16.8)

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(1)Includes a loss of $31.4 million for the year ended December 31, 2019 related to the impairment of the carrying value of the Cedar Cove JV, as we determined that the carrying value of our investment was not recoverable based on the forecasted cash flows from the Cedar Cove JV.

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

	December 31, 2021		December 31, 2020
GCF	$	28.0	$	40.6
Cedar Cove JV (1)	(1.8)		1.0
Total investment in unconsolidated affiliates	$	26.2	$	41.6

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(1)As of December 31, 2021, our investment in the Cedar Cove JV is classified as “Other long-term liabilities” on the consolidated balance sheet.