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Equity Method Investments (Tables)

12 Months Ended

Dec. 31, 2018

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,
	2018				2017
	Ownership	Amount		Ownership	Amount
Amberjack – Series A / Series B⁽¹⁾	75.0% / 50.0%	$	457.5	—%	$	—
Mars	71.5%	168.9		71.5%	187.4
Bengal	50.0%	81.5		50.0%	79.7
Permian Basin	50.0%	72.2		50.0%	49.4
LOCAP	41.48%	8.2		41.48%	6.9
Poseidon	36.0%	—		36.0%	2.3
Proteus	10.0%	16.3		10.0%	17.4
Endymion	10.0%	18.3		10.0%	19.5
		$	822.9		$	362.6

⁽¹⁾ We acquired an interest in Amberjack in the May 2018 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:


	For the Year Ended December 31,
	2018										2017						2016
	Distributions Received		Income from Equity Method Investments		Impact of Change in Accounting Policy		Distributions Received		Income from Equity Method Investments		Purchase Price Adjustment		Distributions Received		Income from Equity Method Investments
Amberjack⁽¹⁾	$	104.4	$	80.3	$	—	$	—	$	—	$	—	$	—	$	—
Mars⁽²⁾	119.3		107.7		(6.9)		125.9		121.8		—		88.3		79.8
Bengal	19.0		20.8		—		19.0		22.6		—		19.6		20.2
Poseidon⁽³⁾	33.1		6.4		—		38.4		27.4		—		41.9		29.7
Other⁽⁴⁾	25.9		19.7		—		15.0		14.8		0.3		8.2		8.4
	$	301.7	$	234.9	$	(6.9)	$	198.3	$	186.6	$	0.3	$	158.0	$	138.1

⁽¹⁾We acquired an interest in Amberjack in the May 2018 Acquisition. The acquisition of this interest has been accounted for prospectively.

⁽²⁾ We acquired an additional 22.9% interest in Mars in the December 2017 Acquisition.

⁽³⁾ As stated above, the equity method of accounting has been suspended for Poseidon and excess distributions are recorded in Other income. ⁽⁴⁾ Included in Other is the activity associated with our investments in Permian Basin, LOCAP, Proteus and Endymion. We acquired a 41.48% interest in LOCAP in the December 2017 Acquisition. 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.

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, 2018
	Total revenues		Total operating expenses		Operating income		Net income
Statements of Income
Amberjack⁽¹⁾	$	204.0	$	47.3	$	156.7	$	156.8
Mars	241.3		87.4		153.9		153.9
Bengal	69.2		28.1		41.1		41.1
Poseidon	115.5		34.6		80.9		73.0
Other⁽²⁾	152.2		67.0		85.2		75.8


	As of December 31, 2018
	Current assets		Non-current assets		Total assets		Current liabilities		Non-current liabilities		Equity (deficit)		Total liabilities and equity (deficit)
Balance Sheets
Amberjack ⁽¹⁾	$	45.8	$	846.2	$	892.0	$	4.3	$	4.2	$	883.5	$	892.0
Mars	53.1		178.2		231.3		5.4		18.4		207.5		231.3
Bengal	27.1		155.4		182.5		8.7		—		173.8		182.5
Poseidon	18.9		203.0		221.9		15.9		242.9		(36.9)		221.9
Other ⁽²⁾	49.7		875.7		925.4		64.5		455.5		405.4		925.4

⁽¹⁾ Our interest in Amberjack was acquired on May 11, 2018. Amberjack total revenues, total operating expenses and operating income (on a 100% basis) was $294.9 million, $73.5 million and $221.4 million, respectively.

⁽²⁾ Included in Other is the activity associated with our investments in Permian Basin, LOCAP, Proteus and Endymion.


	For the Year Ended December 31, 2017
	Total revenues		Total operating expenses		Operating income		Net income
Statements of Income

Mars	$	255.5	$	81.9	$	173.6	$	173.6
Bengal	72.8		28.1		44.7		44.8
Poseidon	117.1		32.6		84.5		78.5
Other⁽¹⁾	123.7		46.2		77.5		66.0


	As of December 31, 2017
	Current assets		Non-current assets		Total assets		Current liabilities		Non-current liabilities		Equity (deficit)		Total liabilities and equity (deficit)
Balance Sheets

Mars	$	47.6	$	187.5	$	235.1	$	5.1	$	—	$	230.0	$	235.1
Bengal	25.0		156.6		181.6		10.5		0.3		170.8		181.6
Poseidon	18.7		218.6		237.3		17.6		237.4		(17.7)		237.3
Other ⁽¹⁾	91.6		625.3		716.9		98.9		244.7		373.3		716.9

⁽¹⁾ Included in Other is the activity associated with our investments in Permian Basin, LOCAP, Proteus and Endymion. Interest in Permian Basin was acquired by us on October 17, 2017 and is pro-rated in above table. For the year ended December 31, 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
	Total revenues		Total operating expenses		Operating income		Net income
Statements of Income

Mars	$	229.8	$	83.0	$	146.8	$	146.8
Bengal	69.5		28.7		40.8		40.2
Poseidon	120.3		30.7		89.6		84.9
Other⁽¹⁾	52.0		17.4		34.6		20.9


	As of December 31, 2016
	Current assets		Non-current assets		Total assets		Current liabilities		Non-current liabilities		Equity		Total liabilities and equity
Balance Sheets

Mars	$	40.0	$	197.5	$	237.5	$	5.1	$	—	$	232.4	$	237.5
Bengal	34.0		147.5		181.5		16.8		0.7		164.0		181.5
Poseidon	17.1		233.6		250.7		20.7		219.7		10.3		250.7
Other ⁽¹⁾	42.5		395.4		437.9		43.9		100.8		293.2		437.9

⁽¹⁾ Interests in Proteus and Endymion were acquired by us on December 27, 2016, and is pro-rated in above table. 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.

Capital Contributions

In accordance with the Member Interest Purchase Agreement entered into in conjunction with the acquisition of Permian Basin in October 2017, we will make capital contributions for our pro rata interest in Permian Basin to fund capital and other expenditures, as approved by supermajority (75%) vote of the members. We made capital contributions of $28.0 million in 2018.