Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v2.4.1.9
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2014
Dec. 31, 2013
Current assets    
Cash and cash equivalents $ 248,830us-gaap_CashAndCashEquivalentsAtCarryingValue $ 351,032us-gaap_CashAndCashEquivalentsAtCarryingValue
Restricted cash and cash equivalents 195,702us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue 227,652us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue
Accounts receivable 310us-gaap_AccountsReceivableNetCurrent 40us-gaap_AccountsReceivableNetCurrent
Advances to affiliate 27,323cqp_AdvancesToAffiliateCurrent 14,737cqp_AdvancesToAffiliateCurrent
LNG inventory 4,293us-gaap_InventoryNet 10,430us-gaap_InventoryNet
Prepaid expenses and other 6,411us-gaap_PrepaidExpenseAndOtherAssetsCurrent 5,957us-gaap_PrepaidExpenseAndOtherAssetsCurrent
Other—affiliate 3,651cqp_OtherCurrentAssetsRelatedParty 3,280cqp_OtherCurrentAssetsRelatedParty
Total current assets 486,520us-gaap_AssetsCurrent 613,128us-gaap_AssetsCurrent
Non-current restricted cash and cash equivalents 544,465us-gaap_RestrictedCashAndCashEquivalentsNoncurrent 1,025,056us-gaap_RestrictedCashAndCashEquivalentsNoncurrent
Property, plant and equipment, net 8,978,356us-gaap_PropertyPlantAndEquipmentNet 6,383,939us-gaap_PropertyPlantAndEquipmentNet
Debt issuance costs, net 241,909us-gaap_DeferredFinanceCostsNoncurrentNet 313,944us-gaap_DeferredFinanceCostsNoncurrentNet
Non-current derivative assets 11,744us-gaap_DerivativeAssetsNoncurrent 98,123us-gaap_DerivativeAssetsNoncurrent
Other non-current assets 124,521us-gaap_OtherAssetsNoncurrent 82,593us-gaap_OtherAssetsNoncurrent
Total assets 10,387,515us-gaap_Assets 8,516,783us-gaap_Assets
Current liabilities    
Accounts payable 8,598us-gaap_AccountsPayableCurrent 10,146us-gaap_AccountsPayableCurrent
Accrued liabilities 136,578us-gaap_AccruedLiabilitiesCurrent 170,052us-gaap_AccruedLiabilitiesCurrent
Due to affiliates 19,660us-gaap_DueToAffiliateCurrent 45,547us-gaap_DueToAffiliateCurrent
Deferred revenue 26,655us-gaap_DeferredRevenueCurrent 26,593us-gaap_DeferredRevenueCurrent
Derivative liabilities 23,247us-gaap_DerivativeLiabilitiesCurrent 13,484us-gaap_DerivativeLiabilitiesCurrent
Other 18us-gaap_OtherLiabilitiesCurrent 65us-gaap_OtherLiabilitiesCurrent
Total current liabilities 214,756us-gaap_LiabilitiesCurrent 265,887us-gaap_LiabilitiesCurrent
Long-term debt, net 8,991,333us-gaap_LongTermDebtNoncurrent 6,576,273us-gaap_LongTermDebtNoncurrent
Non-current deferred revenue 13,500us-gaap_DeferredRevenueNoncurrent 17,500us-gaap_DeferredRevenueNoncurrent
Other non-current liabilities 2,452us-gaap_OtherLiabilitiesNoncurrent 193us-gaap_OtherLiabilitiesNoncurrent
Other non-current liabilities—affiliate 34,745cqp_OtherNonCurrentLiabilitiesRelatedParty 17,186cqp_OtherNonCurrentLiabilitiesRelatedParty
Commitments and contingencies     
Partners’ equity    
Common unitholders’ interest (57.1 million units issued and outstanding at December 31, 2014 and 2013) 495,597cqp_CommonUnitholdersEquity 711,771cqp_CommonUnitholdersEquity
Class B unitholders’ interest (145.3 million units issued and outstanding at December 31, 2014 and 2013) (38,216)cqp_ClassBUnitholdersEquity (38,216)cqp_ClassBUnitholdersEquity
Subordinated unitholders’ interest (135.4 million units issued and outstanding at December 31, 2014 and 2013) 648,414cqp_SubordinatedUnitholdersEquity 931,074cqp_SubordinatedUnitholdersEquity
General partner’s interest (2% interest with 6.9 million units issued and outstanding at December 31, 2014 and 2013) 24,934us-gaap_GeneralPartnersCapitalAccount 35,115us-gaap_GeneralPartnersCapitalAccount
Total partners’ equity 1,130,729us-gaap_PartnersCapital 1,639,744us-gaap_PartnersCapital
Total liabilities and partners’ equity $ 10,387,515us-gaap_LiabilitiesAndStockholdersEquity $ 8,516,783us-gaap_LiabilitiesAndStockholdersEquity