XML 20 R4.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Cash flows from operating activities:      
Net income (loss) $ 17,693 $ (7,678) $ 6,402
Income from discontinued operations 0 0 948
Gain on sale of discontinued operations 0 0 7,295
Income from continuing operations 17,693 (7,678) (1,841)
Adjustments to reconcile income (loss) from continuing operations to net cash provided (used) in operating activities:      
Depreciation and amortization 6,110 2,631 502
Gain associated with derivative instruments (5,161) (1,536) 0
Settlement of derivative contracts 4,283 344 0
Bad debt expense 0 1,424 0
Amortization of deferred financing costs 659 1,056 1,420
Unit based compensation expense 2,461 550 0
Deferred income taxes 814 0 0
Changes in operating assets and liabilities, net of acquisitions:      
Accounts receivable 1,647 (4,264) (602)
Accounts receivable — related party (2,349) 268 (402)
Prepaid expenses and other current assets (572) (4,515) (4,653)
Accounts payable and accrued expenses (336) (2,372) 6,590
Deferred revenue and other liabilities 9,500 17,497 7,263
Deferred revenue — related party 585 0 962
Change in restricted cash 870 (6,490) 0
Net cash provided by (used in) operating activities 36,204 (3,085) 9,239
Cash flows from investing activities:      
Additions of property and equipment (1,671) (33,736) (56,114)
Acquisitions, net of cash received (210,445) 0 0
Purchase of derivative instruments (1,167) (468) 0
Net cash used in investing activities (213,283) (34,204) (56,114)
Cash flows from financing activities:      
Payments on BOK credit facility 0 (97,845) 0
Proceeds from borrowings on BOK credit facility 0 67,845 0
Payments for deferred financing costs (854) (3,909) (261)
Contributions 0 14,329 0
Distributions (24,032) (107,828) (7,547)
Proceeds from issuance of units 335 0 0
Proceeds from long-term debt 203,000 100,000 0
Repayment of long-term debt (30,492) (14,992) 0
Net proceeds from the initial public offering 0 137,495 0
Proceeds (repayment) of loan from parent 0 (49,390) 52,693
Net cash provided by financing activities 147,957 45,705 44,885
Cash flows provided by discontinued operations:      
Net cash provided by operating activities 0 0 3,411
Net cash provided by investing activities 0 29,473 10,000
Net cash used in financing activities 0 (5,232) (8,243)
Net cash provided by discontinued operations 0 24,241 5,168
Effect of exchange rates on cash (627) 1,441 (1,498)
Net change in cash and cash equivalents (29,749) 34,098 1,680
Cash and cash equivalents — beginning of year 40,249 6,151 4,471
Cash and cash equivalents — end of year $ 10,500 $ 40,249 $ 6,151