Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.6.0.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Current assets    
Cash and cash equivalents $ 0 $ 146,221
Restricted cash 604,944 274,557
Accounts and other receivables 90,196 741
Accounts receivable—affiliate 99,336 1,271
Advances to affiliate 37,697 39,836
Inventory 97,431 16,667
Other current assets 28,656 14,182
Total current assets 958,260 493,475
Non-current restricted cash 0 13,650
Property, plant and equipment, net 14,158,187 11,931,602
Debt issuance costs, net 120,704 132,091
Non-current derivative assets 82,861 30,304
Other non-current assets, net 222,328 232,031
Total assets 15,542,340 12,833,153
Current liabilities    
Accounts payable 27,162 16,407
Accrued liabilities 417,502 224,292
Current debt, net 223,500 1,673,379
Due to affiliates 99,529 115,123
Deferred revenue 72,631 26,669
Deferred revenue—affiliate 717 717
Derivative liabilities 14,446 6,430
Other current liabilities 224 0
Total current liabilities 855,711 2,063,017
Long-term debt, net 14,209,229 10,018,325
Non-current deferred revenue 5,500 9,500
Non-current derivative liabilities 2,001 2,884
Other non-current liabilities 165 175
Other non-current liabilities—affiliate 26,680 26,321
Commitments and contingencies (see Note 14)
Partners’ equity    
Common unitholders’ interest (57.1 million units issued and outstanding at December 31, 2016 and 2015) 129,712 305,747
Class B unitholders’ interest (145.3 million units issued and outstanding at December 31, 2016 and 2015) 62,256 (37,429)
Subordinated unitholders’ interest (135.4 million units issued and outstanding at December 31, 2016 and 2015) 239,909 428,035
General partner’s interest (2% interest with 6.9 million units issued and outstanding at December 31, 2016 and 2015) 11,177 16,578
Total partners’ equity 443,054 712,931
Total liabilities and partners’ equity $ 15,542,340 $ 12,833,153