Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.6.0.2
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenues      
LNG revenues $ 539,468 $ 0 $ 0
LNG revenues—affiliate 293,957 0 0
Regasification revenues 263,030 265,637 265,740
Regasification revenues—affiliate 3,785 4,391 2,958
Total revenues 1,100,240 270,028 268,698
Operating costs and expenses      
Cost (cost recovery) of sales (excluding depreciation and amortization expense shown separately below) 410,433 (31,466) (342)
Cost of sales—affiliate 1,490 0 0
Operating and maintenance expense 126,878 62,406 63,161
Operating and maintenance expense—affiliate 52,137 29,379 21,115
Development expense 126 2,850 9,319
Development expense—affiliate 396 722 1,153
General and administrative expense 13,200 15,079 13,807
General and administrative expense—affiliate 89,523 122,312 101,369
Depreciation and amortization expense 155,621 65,704 58,601
Total operating costs and expenses 849,804 266,986 268,183
Income from operations 250,436 3,042 515
Other income (expense)      
Interest expense, net of capitalized interest (356,900) (184,600) (177,032)
Loss on early extinguishment of debt (71,824) (96,273) (114,335)
Derivative gain (loss), net 5,544 (41,722) (119,401)
Other income 1,549 662 217
Total other expense (421,631) (321,933) (410,551)
Net loss $ (171,195) $ (318,891) $ (410,036)
Basic and diluted net loss per common unit $ (0.20) $ (0.43) $ (0.89)
Weighted average number of common units outstanding used for basic and diluted net loss per common unit calculation 57,086 57,081 57,079