Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.3.1.900
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenues      
Revenues $ 265,637 $ 265,740 $ 265,251
Revenues—affiliate 4,391 2,958 2,940
Total revenues 270,028 268,698 268,191
Operating costs and expenses      
Operating and maintenance expense 30,940 62,819 59,300
Operating and maintenance expense—affiliate 29,379 21,115 29,304
Depreciation and amortization expense 65,704 58,601 57,486
Development expense 2,850 9,319 11,322
Development expense—affiliate 722 1,153 1,402
General and administrative expense 15,079 13,807 11,570
General and administrative expense—affiliate 122,312 101,369 129,836
Total operating costs and expenses 266,986 268,183 300,220
Income (loss) from operations 3,042 515 (32,029)
Other income (expense)      
Interest expense, net of amounts capitalized (184,600) (177,032) (178,400)
Loss on early extinguishment of debt (96,273) (114,335) (131,576)
Derivative gain (loss), net (41,722) (119,401) 82,791
Other income 662 217 1,097
Total other expense (321,933) (410,551) (226,088)
Net loss (318,891) (410,036) (258,117)
Net loss attributable to the Creole Trail Pipeline Business 0 0 (18,150)
Net loss attributable to partners $ (318,891) $ (410,036) $ (239,967)
Basic and diluted net income (loss) per common unit $ (0.43) $ (0.89) $ (0.03)
Weighted average number of common units outstanding used for basic and diluted net income (loss) per common unit calculation 57,081 57,079 54,235