Equity Method Investments (Tables)

12 Months Ended

Dec. 31, 2017

Equity Method Investments and Joint Ventures [Abstract]

Schedule of Equity Investments in Affiliates

Equity method investments comprise the following as of the dates indicated:



	December 31,
	2017			2016
	Ownership	Amount		Ownership	Amount
Mars ⁽¹⁾	71.5%	187.4		71.5%	191.5
Bengal	50.0%	79.7		50.0%	76.1
Permian Basin⁽²⁾	50.0%	49.4		—%	—
LOCAP⁽¹⁾	41.48%	6.9		41.48%	4.0
Poseidon	36.0%	2.3		36.0%	13.2
Proteus	10.0%	17.4		10.0%	19.1
Endymion	10.0%	19.5		10.0%	20.8
		$	362.6		$	324.7

⁽¹⁾ We acquired an additional 22.9% interest in Mars and a 41.48% interest in LOCAP in the December 2017 Acquisition. The financial information presented has been retrospectively adjusted for the incremental ownership acquired.

⁽²⁾ We acquired a 50.0% interest in Permian Basin in the October 2017 Acquisition. The acquisition of this interest has been accounted for prospectively.

Schedule Of Equity Investments In Affiliates Balance Affected Table

Our equity investments in affiliates balance was affected by the following during the periods indicated:



	December 31,
	2017							2016				2015
	Distributions Received		Income from Equity Investments		Purchase Price Adjustment			Distributions Received		Income from Equity Investments		Distributions Received		Income from Equity Investments
Mars ⁽¹⁾	$	125.9	$	121.8	$	—		$	88.3	$	79.8	$	62.8	$	59.4
Bengal	19.0		22.6		—			19.6		20.2		20.2		20.8
Permian Basin⁽²⁾	1.4		0.9		(0.1		)	—		—		—		—
LOCAP⁽¹⁾	7.9		10.7		—			8.2		8.4		8.7		8.4
Poseidon⁽³⁾	38.4		27.4		—			41.9		29.7		21.2		16.1
Proteus ⁽⁴⁾	2.9		1.5		0.3			—		—		—		—
Endymion ⁽⁴⁾	2.8		1.7		0.1			—		—		—		—
	$	198.3	$	186.6	$	0.3		$	158.0	$	138.1	$	112.9	$	104.7


⁽¹⁾	We acquired an additional 22.9% interest in Mars and a 41.48% interest in LOCAP in the December 2017 Acquisition. The financial information presented has been retrospectively adjusted for the incremental ownership acquired.


⁽²⁾	We acquired a 50.0% interest in Permian Basin in the October 2017 Acquisition. The acquisition of this interest has been accounted for prospectively.


⁽³⁾	We acquired a 36.0% interest in Poseidon in the July 2015 Acquisition. The acquisition of this interest has been accounted for prospectively.

⁽⁴⁾ The acquisition of our ownership interests in Proteus and Endymion was effective in the December 2016 Acquisition, for which we were not entitled to a distribution and the related equity investment income was less than $0.1 million. The acquisition of these interests has been accounted for prospectively.

Summary of Balance Sheet and Income Statement Data for Equity Method Investments

The following presents aggregated selected balance sheet and income statement data for our equity method investments (on a 100% basis):



	For the Year Ended December 31, 2017													For the period October 17, 2017 -December 31, 2017 ⁽¹⁾
	Mars		Bengal		LOCAP		Poseidon			Proteus		Endymion		Permian Basin
Statements of Income
Total revenues	$	255.5	$	72.8	$	55.7	$	117.1		$	30.8	$	33.4	$	3.8
Total operating expenses	81.9		28.1		17.2		32.6			13.4		13.6		2.0
Operating income	173.6		44.7		38.5		84.5			17.4		19.8		1.8
Net income	173.6		44.8		26.5		78.5			17.4		20.3		1.8

	As of December 31, 2017
Balance Sheets
Current assets	$	47.6	$	25.0	$	9.2	$	18.7		$	54.8	$	8.9	$	18.7
Non-current assets	187.5		156.6		60.4		218.6			335.8		145.5		83.6
Total assets	$	235.1	$	181.6	$	69.6	$	237.3		$	390.6	$	154.4	$	102.3
Current liabilities	5.1		10.5		37.2		17.6			50.3		2.7		8.7
Non-current liabilities	—		0.3		21.8		237.4			206.2		16.0		0.7
Equity (deficit)	230.0		170.8		10.6		(17.7		)	134.1		135.7		92.9
Total liabilities and equity (deficit)	$	235.1	$	181.6	$	69.6	$	237.3		$	390.6	$	154.4	$	102.3

⁽¹⁾ Interest in Permian Basin was acquired by us on October 17, 2017, Permian Basin total revenue, total operating expenses and operating income (on a 100% basis) was $8.3 million, $5.0 million and $3.3 million, respectively.



	For the Year Ended December 31, 2016								For the Period December 28, 2016 - December 31, 2016 ⁽¹⁾
	Mars		Bengal		LOCAP		Poseidon		Proteus		Endymion
Statements of Income
Total revenues	$	229.8	$	69.5	$	51.4	$	120.3	$	0.3	$	0.3
Total operating expenses	83.0		28.7		17.1		30.7		0.1		0.2
Operating income	146.8		40.8		34.3		89.6		0.2		0.1
Net income	146.8		40.2		20.8		84.9		—		0.1

	As of December 31, 2016
Balance Sheets
Current assets	$	40.0	$	34.0	$	8.5	$	17.1	$	24.0	$	10.0
Non-current assets	197.5		147.5		46.6		233.6		194.7		154.1
Total assets	$	237.5	$	181.5	$	55.1	$	250.7	$	218.7	$	164.1
Current liabilities	5.1		16.8		38.8		20.7		2.2		2.9
Non-current liabilities	—		0.7		13.3		219.7		70.3		17.2
Equity	232.4		164.0		3.0		10.3		146.2		144.0
Total liabilities and equity	$	237.5	$	181.5	$	55.1	$	250.7	$	218.7	$	164.1

⁽¹⁾

Interests in Proteus and Endymion were acquired by us on December 27, 2016. For 2016, Proteus total revenue, total operating expenses and operating income (on a 100% basis) was $24.7 million, $11.7 million and $13.0 million, respectively. For 2016, Endymion total revenue, total operating expenses and operating income (on a 100% basis) was $28.1 million, $12.3 million and $15.8 million, respectively.



	For the Year Ended December 31, 2015						For the Period July 1, 2015 - December 31, 2015 ⁽¹⁾
	Mars		Bengal		LOCAP		Poseidon
Statements of Income
Total revenues	$	205.9	$	70.3	$	49.2	$	—
Total operating expenses	85.7		28.1		15.2		—
Operating income	120.2		42.2		34.0		—
Net income	120.3		42.1		20.9		45.9

	As of December 31, 2015
Balance Sheets
Current assets	$	40.9	$	29.0	$	8.8	$	18.5
Non-current assets	208.2		146.3		41.3		249.2
Total assets	$	249.1	$	175.3	$	50.1	$	267.7
Current liabilities	6.4		11.2		36.7		22.5
Non-current liabilities	—		0.9		11.2		203.5
Equity	242.7		163.2		2.2		41.7
Total liabilities and equity	$	249.1	$	175.3	$	50.1	$	267.7


⁽¹⁾	Interest in Poseidon was acquired by us on July 1, 2015. For 2015, Poseidon total revenue, total operating expenses and operating income (on a 100% basis) was $123.7 million, $28.6 million and $95.1 million, respectively.