Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows

v2.4.1.9
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
 3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Cash flows from operating activities    
Net loss $ (178,676)us-gaap_NetIncomeLoss $ (69,733)us-gaap_NetIncomeLoss
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation expense 14,879us-gaap_Depreciation 14,318us-gaap_Depreciation
Use of (investment in) restricted cash and cash equivalents for certain operating activities 6,244us-gaap_IncreaseDecreaseInRestrictedCashForOperatingActivities (22,873)us-gaap_IncreaseDecreaseInRestrictedCashForOperatingActivities
Non-cash LNG inventory write-downs 17,502us-gaap_InventoryWriteDown 0us-gaap_InventoryWriteDown
Amortization of debt issuance costs and discount 2,504us-gaap_AmortizationOfFinancingCostsAndDiscounts 2,217us-gaap_AmortizationOfFinancingCostsAndDiscounts
Total losses on derivatives, net 36,384us-gaap_UnrealizedGainLossOnDerivatives 34,701us-gaap_UnrealizedGainLossOnDerivatives
Net cash used for settlement of derivative instruments (37,015)us-gaap_GainLossOnSaleOfDerivatives (1,706)us-gaap_GainLossOnSaleOfDerivatives
Loss on early extinguishment of debt 88,992us-gaap_GainsLossesOnExtinguishmentOfDebt 0us-gaap_GainsLossesOnExtinguishmentOfDebt
Other 0us-gaap_OtherNoncashIncomeExpense 2us-gaap_OtherNoncashIncomeExpense
Changes in operating assets and liabilities:    
Accounts receivable (25,928)us-gaap_IncreaseDecreaseInAccountsReceivable 148us-gaap_IncreaseDecreaseInAccountsReceivable
Accounts receivable—affiliate (1,544)us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties 593us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties
Accounts payable and accrued liabilities 47,945us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities 39,263us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Due to affiliates (3,971)us-gaap_IncreaseDecreaseInDueToAffiliates 3,669us-gaap_IncreaseDecreaseInDueToAffiliates
Deferred revenue (1,003)us-gaap_IncreaseDecreaseInDeferredRevenue (871)us-gaap_IncreaseDecreaseInDeferredRevenue
Advances to affiliate 5,519lng_IncreaseDecreaseInAdvancesToAffiliate 1,880lng_IncreaseDecreaseInAdvancesToAffiliate
LNG inventory (29,491)us-gaap_IncreaseDecreaseInInventories 2,902us-gaap_IncreaseDecreaseInInventories
Other, net (5,727)us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet (4,399)us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet
Other, net—affiliate 10,962lng_IncreaseDecreaseInOtherOperatingActivitiesAffiliate (567)lng_IncreaseDecreaseInOtherOperatingActivitiesAffiliate
Net cash used in operating activities (52,424)us-gaap_NetCashProvidedByUsedInOperatingActivities (456)us-gaap_NetCashProvidedByUsedInOperatingActivities
Cash flows from investing activities    
Property, plant and equipment, net (542,114)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (751,808)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Use of restricted cash and cash equivalents for the acquisition of property, plant and equipment 572,434us-gaap_IncreaseDecreaseInRestrictedCash 761,378us-gaap_IncreaseDecreaseInRestrictedCash
Other (30,508)us-gaap_PaymentsForProceedsFromOtherInvestingActivities (10,050)us-gaap_PaymentsForProceedsFromOtherInvestingActivities
Net cash used in investing activities (188)us-gaap_NetCashProvidedByUsedInInvestingActivities (480)us-gaap_NetCashProvidedByUsedInInvestingActivities
Cash flows from financing activities    
Proceeds from issuances of long-term debt 2,000,000us-gaap_ProceedsFromIssuanceOfLongTermDebt 0us-gaap_ProceedsFromIssuanceOfLongTermDebt
Use of (investment in) restricted cash and cash equivalents (1,949,338)us-gaap_ProceedsFromRepaymentsOfRestrictedCashFinancingActivities 13,957us-gaap_ProceedsFromRepaymentsOfRestrictedCashFinancingActivities
Debt issuance and deferred financing costs (50,662)us-gaap_PaymentsOfDebtIssuanceCosts (13,957)us-gaap_PaymentsOfDebtIssuanceCosts
Distributions to owners (24,754)us-gaap_PaymentsOfCapitalDistribution (24,754)us-gaap_PaymentsOfCapitalDistribution
Net cash used in financing activities (24,754)us-gaap_NetCashProvidedByUsedInFinancingActivities (24,754)us-gaap_NetCashProvidedByUsedInFinancingActivities
Net decrease in cash and cash equivalents (77,366)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (25,690)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents—beginning of period 248,830us-gaap_CashAndCashEquivalentsAtCarryingValue 351,032us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents—end of period $ 171,464us-gaap_CashAndCashEquivalentsAtCarryingValue $ 325,342us-gaap_CashAndCashEquivalentsAtCarryingValue