Equity Method Investments

9 Months Ended

Sep. 30, 2020

Equity Method Investments and Joint Ventures [Abstract]

Equity Method Investments

Equity Method Investments

Activity related to the Company's equity method investments is as follows:

	Constitution				Meade				Total
	Nine Months Ended September 30,
(In thousands)	2020		2019		2020		2019		2020		2019
Balance at beginning of period	$	—	$	—	$	—	$	163,181	$	—	$	163,181
Contributions	35		500		—		8,477		35		8,977
Distributions	—		—		—		(14,266)		—		(14,266)
(Loss) earnings on equity method investments	(35)		(500)		(24)		11,694		(59)		11,194
Sale of investment	—		—		24		—		24		—
Balance at end of period	$	—	$	—	$	—	$	169,086	$	—	$	169,086

For further information regarding the Company’s equity method investments, refer to Note 4 of the Notes to the Consolidated Financial Statements in the Form 10-K.

Constitution Pipeline Company, LLC

On February 10, 2020, the Company sold its 25 percent equity interest in Constitution Pipeline Company, LLC (Constitution) to Williams Partners Operating LLC (Williams). The Company did not receive any proceeds and paid Williams $9.4 million that was previously accrued. Upon closing of the sale, the Company has no further obligations with respect to the project.