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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
OPERATING ACTIVITIES        
Net income (loss) $ 13,058 $ 2,638 $ 33,219 $ 26,478
Adjustments to reconcile net income to net cash provided by (used in) operating activities:        
Depreciation and amortization 5,134 5,012 10,245 10,223
Equity in (earnings) losses of joint ventures (4,520) (3,267) (13,154) (14,341)
Changes in accrued interest income on advances to joint ventures (191) (50) (356) (133)
Amortization of deferred debt issuance cost 487 4,119 988 4,642
Amortization in revenue for above market contract 687 687 1,366 1,366
Expenditure for drydocking   (1,590)   (1,590)
Changes in accrued interest expense 138 560 (47) 404
Receipts from repayment of principal on financing lease 1,341 1,228 2,653 2,430
Unrealized foreign exchange losses (gains) 65 (19) 104 (7)
Unrealized loss (gain) on derivative instruments 121 57 222 102
Non-cash revenue: tax paid directly by charterer (251) (224) (461) (432)
Non-cash income tax expense: tax paid directly by charterer 251 224 461 432
Deferred tax expense and provision for tax uncertainty 2,017 10,675 3,622 11,340
Issuance of units for Board of Directors' fees   127   127
Other adjustments   17   17
Changes in working capital:        
Trade receivables (2,273) 184 (3,937) (4,017)
Inventory 6 (25)   (25)
Prepaid expenses and other receivables (73) (1,439) (6,212) (2,262)
Trade payables (2,709) 989 (2,840) 949
Amounts due to owners and affiliates 3,229 1,174 2,096 1,022
Value added and withholding tax liability 104 (418) (423) (1,031)
Accrued liabilities and other payables 4,280 407 4,655 1,524
Net cash provided by (used in) operating activities 20,901 21,066 32,201 37,218
INVESTING ACTIVITIES        
Payment on principal on advances to joint ventures (1,174)   (2,335)  
Net cash provided by (used in) investing activities (1,174)   (2,335)  
FINANCING ACTIVITIES        
Proceeds from revolving credit facility due to owners and affiliates   6,000   6,000
Repayment of long-term debt (11,778) (11,165) (26,062) (22,330)
Net proceeds from issuance of common units       818
Net proceeds from issuance of Series A preferred units       8,318
Cash distributions to limited partners and preferred unitholders (4,210) (18,956) (8,421) (37,912)
Indemnifications received from Hegh LNG     2,630  
Net cash provided by (used in) financing activities (15,988) (24,121) (31,853) (45,106)
Increase (decrease) in cash, cash equivalents and restricted cash 3,739 (3,055) (1,987) (7,888)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (48) 49 (28) (1)
Cash, cash equivalents and restricted cash, beginning of period 56,214 46,180 61,920 51,063
Cash, cash equivalents and restricted cash, end of period $ 59,905 $ 43,174 $ 59,905 $ 43,174