Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v2.4.1.9
Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Revenues      
Revenues $ 265,740cqp_RevenueFromThirdParties $ 265,251cqp_RevenueFromThirdParties $ 256,361cqp_RevenueFromThirdParties
Revenues—affiliate 2,958us-gaap_RevenueFromRelatedParties 2,940us-gaap_RevenueFromRelatedParties 8,137us-gaap_RevenueFromRelatedParties
Total revenues 268,698us-gaap_Revenues 268,191us-gaap_Revenues 264,498us-gaap_Revenues
Operating costs and expenses      
Operating and maintenance expense 64,208us-gaap_OperatingCostsAndExpenses 59,957us-gaap_OperatingCostsAndExpenses 36,292us-gaap_OperatingCostsAndExpenses
Operating and maintenance expense—affiliate 21,115us-gaap_CostsAndExpensesRelatedParty 29,304us-gaap_CostsAndExpensesRelatedParty 18,540us-gaap_CostsAndExpensesRelatedParty
Depreciation expense 58,601us-gaap_DepreciationDepletionAndAmortization 57,486us-gaap_DepreciationDepletionAndAmortization 57,788us-gaap_DepreciationDepletionAndAmortization
Development expense 9,319us-gaap_ResearchAndDevelopmentExpense 11,322us-gaap_ResearchAndDevelopmentExpense 37,559us-gaap_ResearchAndDevelopmentExpense
Development expense—affiliate 1,153cqp_ResearchAndDevelopmentExpenseRelatedParties 1,402cqp_ResearchAndDevelopmentExpenseRelatedParties 2,677cqp_ResearchAndDevelopmentExpenseRelatedParties
General and administrative expense 13,807us-gaap_GeneralAndAdministrativeExpense 11,570us-gaap_GeneralAndAdministrativeExpense 12,316us-gaap_GeneralAndAdministrativeExpense
General and administrative expense—affiliate 101,369us-gaap_RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty 129,836us-gaap_RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty 61,081us-gaap_RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty
Total operating costs and expenses 269,572us-gaap_OperatingExpenses 300,877us-gaap_OperatingExpenses 226,253us-gaap_OperatingExpenses
Income (loss) from operations (874)us-gaap_OperatingIncomeLoss (32,686)us-gaap_OperatingIncomeLoss 38,245us-gaap_OperatingIncomeLoss
Other income (expense)      
Interest expense, net (177,032)us-gaap_InterestExpense (178,400)us-gaap_InterestExpense (171,646)us-gaap_InterestExpense
Loss on early extinguishment of debt (114,335)us-gaap_GainsLossesOnExtinguishmentOfDebt (131,576)us-gaap_GainsLossesOnExtinguishmentOfDebt (42,587)us-gaap_GainsLossesOnExtinguishmentOfDebt
Derivative gain (loss), net (118,012)us-gaap_GainLossOnDerivativeInstrumentsNetPretax 83,448us-gaap_GainLossOnDerivativeInstrumentsNetPretax 58us-gaap_GainLossOnDerivativeInstrumentsNetPretax
Other income 217us-gaap_OtherNonoperatingIncomeExpense 1,097us-gaap_OtherNonoperatingIncomeExpense 499us-gaap_OtherNonoperatingIncomeExpense
Total other expense (409,162)us-gaap_NonoperatingIncomeExpense (225,431)us-gaap_NonoperatingIncomeExpense (213,676)us-gaap_NonoperatingIncomeExpense
Net loss (410,036)us-gaap_NetIncomeLoss (258,117)us-gaap_NetIncomeLoss (175,431)us-gaap_NetIncomeLoss
Net loss attributable to the Creole Trail Pipeline Business 0cqp_NetIncomeLossAttributabletoPredecessorOperations (18,150)cqp_NetIncomeLossAttributabletoPredecessorOperations (25,295)cqp_NetIncomeLossAttributabletoPredecessorOperations
Net loss attributable to partners $ (410,036)cqp_NetIncomeLossAllocatedToPartners $ (239,967)cqp_NetIncomeLossAllocatedToPartners $ (150,136)cqp_NetIncomeLossAllocatedToPartners
Basic and diluted net income (loss) per common unit $ (0.89)us-gaap_EarningsPerShareBasicAndDiluted $ (0.03)us-gaap_EarningsPerShareBasicAndDiluted $ 0.27us-gaap_EarningsPerShareBasicAndDiluted
Weighted average number of common units outstanding used for basic and diluted net income (loss) per common unit calculation 57,079us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 54,235us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 33,470us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted