Significant Non-Cash Investing Activities

6 Months Ended

Jun. 30, 2016

Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]

Significant Non-Cash Investing and Financing Activities

SIGNIFICANT NON-CASH INVESTING AND FINANCING ACTIVITIES:

As of June 30, 2016 and 2015, the Company had outstanding receivables from outside parties for the funding of capital expenditures of $12.5 million and $20.9 million, respectively. At June 30, 2016 and 2015, the Company also had $10.4 million and $45.1 million, respectively, of purchases of property and equipment that were not paid and, accordingly, were accrued in accounts payable in the normal course of business.