EQUITY METHOD INVESTMENT (Tables)

12 Months Ended

Dec. 31, 2019

Equity Method Investments and Joint Ventures [Abstract]

Equity Method Investments

Activity in our equity method investment was as follows:

(in thousands)
Balance, as of February 9, 2018	$	—
Capital contributions	17,063
Impairment	(15,963		)
Balance, as of December 31, 2018	1,100
Equity in earnings through November 13, 2019	713
Adjustment of investment in Cimarron to fair value based on assets received	5,503
Ending balance before obtaining control	$	7,316

We obtained control of the following remaining assets and assumed the following liabilities of Cimarron as a result of execution of an agreement between Cimarron and our partner in November 2019:

(in thousands)
Cash	$	7,238
Land and rights-of-way	90
Accrued liabilities	(12		)
Net assets received upon consolidation of Cimarron	$	7,316

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

We obtained control of the following remaining assets and assumed the following liabilities of Cimarron as a result of execution of an agreement between Cimarron and our partner in November 2019:

(in thousands)
Cash	$	7,238
Land and rights-of-way	90
Accrued liabilities	(12		)
Net assets received upon consolidation of Cimarron	$	7,316