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Equity Method Investments (Tables) | 9 Months Ended
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Sep. 30, 2015
Equity Method Investments and Joint Ventures [Abstract] |
Schedule of Equity Method Investments | The following table summarizes the results of operations of CCSS:
|  | Three Months Ended September 30, |  | Nine Months Ended September 30,
(in thousands) |  | 2015 |  | 2014 |  | 2015 |  | 2014
Gross loss |  | $ | (11,616 | ) |  | $ | (5,247 | ) |  | $ | (31,511 | ) |  | $ | (14,064 | )
Operating expenses |  | 41,322 |  |  | 25,082 |  |  | 120,269 |  |  | 68,463 |
Loss from operations |  | (52,938 | ) |  | (30,329 | ) |  | (151,780 | ) |  | (82,527 | )
Other expenses |  | (7 | ) |  | (34 | ) |  | (86 | ) |  | (57 | )
Loss attributable to noncontrolling interest |  | 55,661 |  |  | 32,147 |  |  | 158,926 |  |  | 87,642 |
Net income |  | $ | 2,716 |  |  | $ | 1,784 |  |  | $ | 7,060 |  |  | $ | 5,058 |
ADES equity earnings |  | $ | 1,358 |  |  | $ | 892 |  |  | $ | 3,530 |  |  | $ | 2,529 |
The following tables summarize the results of operations of CCS for the three and nine months ended September 30, 2015 and 2014, respectively:
|  | Three Months Ended September 30, |  | Nine Months Ended September 30,
(in thousands) |  | 2015 |  | 2014 |  | 2015 |  | 2014
Gross profit |  | $ | 25,035 |  |  | $ | 23,075 |  |  | $ | 80,869 |  |  | $ | 60,580 |
Operating expenses |  | 5,369 |  |  | 4,856 |  |  | 17,872 |  |  | 14,275 |
Income from operations |  | 19,666 |  |  | 18,219 |  |  | 62,997 |  |  | 46,305 |
Other expenses |  | (1,464 | ) |  | (483 | ) |  | (1,794 | ) |  | (1,224 | )
Class B preferred return |  | (1,463 | ) |  | (2,176 | ) |  | (4,825 | ) |  | (6,759 | )
Loss attributable to noncontrolling interest |  | 3,698 |  |  | 4,163 |  |  | 6,811 |  |  | 7,164 |
Net income available to Class A members |  | $ | 20,437 |  |  | $ | 19,723 |  |  | $ | 63,189 |  |  | $ | 45,486 |
ADES equity earnings |  | $ | — |  |  | $ | 6,226 |  |  | $ | 4,730 |  |  | $ | 22,547 |
The following table presents the Company's investment balance, equity earnings and cash distributions in excess of the investment balance, on a quarterly basis, for the three and nine months ended September 30, 2015 (in thousands):
Description |  | Date(s) |  | Investment balance |  | ADES equity earnings (loss) |  | Cash distributions |  | Cash distributions and equity loss in (excess) of investment balance
Beginning balance |  | 12/31/14 |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | (29,877 | )
ADES proportionate share of income from CCS (1) |  | First Quarter |  | 9,827 |  |  | 9,827 |  |  | — |  |  | — |
Increase of equity loss in excess of investment balance (prior to cash distributions) |  | First Quarter |  | (9,827 | ) |  | (9,827 | ) |  | — |  |  | 9,827 |
Cash distributions from CCS |  | First Quarter |  | (100 | ) |  | — |  |  | 100 |  |  | — |
Adjustment for current year cash distributions in excess of investment balance |  | First Quarter |  | 100 |  |  | 100 |  |  | — |  |  | (100 | )
Total investment balance, equity earnings (loss) and cash distributions |  | 3/31/2015 |  | — |  |  | 100 |  |  | 100 |  |  | (20,150 | )
ADES proportionate share of income from CCS (1) |  | Second Quarter |  | 7,825 |  |  | 7,825 |  |  | — |  |  | — |
Increase of equity loss in excess of investment balance (prior to cash distributions) |  | Second Quarter |  | (7,825 | ) |  | (7,825 | ) |  | — |  |  | 7,825 |
Cash distributions from CCS |  | Second Quarter |  | (4,630 | ) |  | — |  |  | 4,630 |  |  | — |
Adjustment for current year cash distributions in excess of investment balance |  | Second Quarter |  | 4,630 |  |  | 4,630 |  |  | — |  |  | (4,630 | )
Total investment balance, equity earnings (loss) and cash distributions |  | 6/30/2015 |  | — |  |  | 4,630 |  |  | 4,630 |  |  | (16,955 | )
ADES proportionate share of income from CCS (1) |  | Third Quarter |  | 8,127 |  |  | 8,127 |  |  | — |  |  | — |
Increase of equity loss in excess of investment balance (prior to cash distributions) |  | Third Quarter |  | (8,127 | ) |  | (8,127 | ) |  | — |  |  | 8,127 |
Cash distributions from CCS |  | Third Quarter |  | — |  |  | — |  |  | — |  |  | — |
Adjustment for current year cash distributions in excess of investment balance |  | Third Quarter |  | — |  |  | — |  |  | — |  |  | — |
Total investment balance, equity earnings (loss) and cash distributions |  | 9/30/2015 |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | (8,828 | )
The following table presents the Company's investment balance, equity earnings and cash distributions in excess of the investment balance, on a quarterly basis, for the nine months ended September 30, 2014 (in thousands):
Description |  | Date(s) |  | Investment balance |  | ADES equity earnings (loss) |  | Cash distributions |  | Cash distributions and equity loss in (excess) of investment balance
Beginning balance |  | 12/31/2013 |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | (12,906 | )
ADES proportionate share of income from CCS (1) |  | First Quarter |  | 4,644 |  |  | 4,644 |  |  | — |  |  | — |
Recovery of cumulative distributions and equity losses in excess of investment balance |  | First Quarter |  | (4,644 | ) |  | (4,644 | ) |  | — |  |  | 4,644 |
Cash distributions from CCS |  | First Quarter |  | (6,588 | ) |  | — |  |  | 6,588 |  |  | — |
Recognition of earnings for cash distributions in excess of investment balance |  | First Quarter |  | 6,588 |  |  | 6,588 |  |  | — |  |  | (6,588 | )
Total investment balance, equity earnings (loss) and cash distributions |  | 3/31/2014 |  | — |  |  | 6,588 |  |  | 6,588 |  |  | (14,850 | )
ADES proportionate share of income from CCS (1) |  | Second Quarter |  | 5,130 |  |  | 5,130 |  |  | — |  |  | — |
Recovery of cumulative distributions and equity losses in excess of investment balance |  | Second Quarter |  | (5,130 | ) |  | (5,130 | ) |  | — |  |  | 5,130 |
Cash distributions from CCS |  | Second Quarter |  | (9,733 | ) |  | — |  |  | 9,733 |  |  | — |
Recognition of earnings for cash distributions in excess of investment balance |  | Second Quarter |  | 9,733 |  |  | 9,733 |  |  | — |  |  | (9,733 | )
Total investment balance, equity earnings (loss) and cash distributions |  | 6/30/2014 |  | — |  |  | 9,733 |  |  | 9,733 |  |  | (19,453 | )
ADES proportionate share of income from CCS (1) |  | Third Quarter |  | 7,805 |  |  | 7,805 |  |  | — |  |  | — |
Recovery of cumulative distributions and equity losses in excess of investment balance |  | Third Quarter |  | (7,805 | ) |  | (7,805 | ) |  | — |  |  | 7,805 |
Cash distributions from CCS |  | Third Quarter |  | (6,226 | ) |  | — |  |  | 6,226 |  |  | — |
Recognition of earnings for cash distributions in excess of investment balance |  | Third Quarter |  | 6,226 |  |  | 6,226 |  |  | — |  |  | (6,226 | )
Total investment balance, equity earnings (loss) and cash distributions |  | 9/30/2014 |  | $ | — |  |  | $ | 6,226 |  |  | $ | 6,226 |  |  | $ | (17,874 | )
(1) The amounts of the Company's 42.5% proportionate share of net income as shown in the table above differ from mathematical calculations of the Company’s 42.5% equity interest in CCS multiplied by the amounts of Net Income available to Class A members as shown in the table above of CCS results of operations due to adjustments related to the Redeemable Class B preferred return and the elimination of CCS earnings attributable to RCM6, of which the Company owned 24.95% during the periods presented during the years ended December 31, 2015 and 2014. The following table details the components of the Company's respective equity method investments included within the Earnings (loss) from equity method investments line item on the Condensed Consolidated Statements of Operations:
|  | Three Months Ended September 30, |  | Nine Months Ended September 30,
(in thousands) |  | 2015 |  | 2014 |  | 2015 |  | 2014
Earnings from CCS |  | $ | — |  |  | $ | 6,226 |  |  | $ | 4,730 |  |  | $ | 22,547 |
Earnings from CCSS |  | 1,358 |  |  | 892 |  |  | 3,530 |  |  | 2,529 |
Loss from RCM6 |  | (1,399 | ) |  | (1,515 | ) |  | (3,127 | ) |  | (3,057 | )
Earnings from equity method investments |  | $ | (41 | ) |  | $ | 5,603 |  |  | $ | 5,133 |  |  | $ | 22,019 |
The following table details the components of the cash distributions from the Company's respective equity method investments included within the Condensed Consolidated Statements of Cash Flows. Distributions from equity method investees are reported on our Condensed Consolidated Statements of Cash Flows as “return on investment” within Operating cash flows until such time as the carrying value in an equity method investee company is reduced to zero; thereafter, such distributions are reported as “distributions in excess of cumulative earnings” within Investing cash flows.
|  | Nine Months Ended September 30,
(in thousands) |  | 2015 |  | 2014
Distributions from equity method investees, return on investment |  |  |  |
CCSS |  | $ | 2,519 |  |  | $ | 1,259 |
|  | $ | 2,519 |  |  | $ | 1,259 |
Distributions from equity method investees in excess of investment basis |  |  |  |
CCS |  | $ | 4,730 |  |  | $ | 22,547 |
|  | $ | 4,730 |  |  | $ | 22,547 |
The following table contains the capital calls and variable payments made by the Company related to its investment in RCM6 during the three and nine months ended September 30, 2015 and 2014, respectively:
|  | Three Months Ended September 30, |  | Nine Months Ended September 30,
(in thousands) |  | 2015 |  | 2014 |  | 2015 |  | 2014
Capital calls and variable payments |  | $ | 850 |  |  | $ | 1,353 |  |  | $ | 1,080 |  |  | $ | 2,736 |
The following table summarizes the assets, liabilities and results of operations of RCM6:
|  | Three Months Ended September 30, |  | Nine Months Ended September 30,
(in thousands) |  | 2015 |  | 2014 |  | 2015 |  | 2014
Gross loss |  | $ | (2,896 | ) |  | $ | (3,326 | ) |  | $ | (4,876 | ) |  | $ | (5,298 | )
Operating expenses |  | 590 |  |  | 581 |  |  | 1,567 |  |  | 1,447 |
Loss from operations |  | (3,486 | ) |  | (3,907 | ) |  | (6,443 | ) |  | (6,745 | )
Other expenses |  | (220 | ) |  | (265 | ) |  | (382 | ) |  | (434 | )
Net loss |  | $ | (3,706 | ) |  | $ | (4,172 | ) |  | $ | (6,825 | ) |  | $ | (7,179 | )
ADES equity losses |  | $ | (1,399 | ) |  | $ | (1,515 | ) |  | $ | (3,127 | ) |  | $ | (3,057 | )

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- Definition Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6382943&loc=d3e33918-111571 + Details
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