Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations

v3.5.0.2
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenues        
Regasification revenues $ 66,262 $ 66,596 $ 196,768 $ 199,804
Regasification revenues—affiliate 716 941 3,068 2,952
LNG revenues 248,195 0 333,555 0
LNG revenues—affiliate 16,236 0 16,236 0
Total revenues 331,409 67,537 549,627 202,756
Operating costs and expenses        
Cost (cost recovery) of sales (excluding depreciation and amortization expense shown separately below) 158,663 (31,774) 211,861 (30,990)
Cost of sales—affiliate 1,430 0 1,430 0
Operating and maintenance expense 37,613 8,992 79,556 48,830
Operating and maintenance expense—affiliate 13,756 8,081 35,901 20,355
Development expense 1 113 137 2,631
Development expense—affiliate 87 152 369 562
General and administrative expense 2,978 3,673 9,378 11,269
General and administrative expense—affiliate 24,454 25,692 67,865 80,761
Depreciation and amortization expense 44,529 16,687 92,101 47,557
Total operating costs and expenses 283,511 31,616 498,598 180,975
Income from operations 47,898 35,921 51,029 21,781
Other income (expense)        
Interest expense, net of capitalized interest (113,227) (49,360) (228,678) (142,353)
Loss on early extinguishment of debt (25,765) 0 (53,526) (96,273)
Derivative gain (loss), net 9,183 (10,872) (26,417) (46,541)
Other income 402 179 1,052 535
Total other expense (129,407) (60,053) (307,569) (284,632)
Net loss $ (81,509) $ (24,132) $ (256,540) $ (262,851)
Basic and diluted net income (loss) per common unit $ (0.27) $ 0.18 $ (0.56) $ (0.44)
Weighted average number of common units outstanding used for basic and diluted net income (loss) per common unit calculation 57,086 57,081 57,085 57,081