XML 63 R10.htm IDEA: XBRL DOCUMENT
v3.3.0.814

Equity Method Investments | 9 Months Ended
--- | ---
Sep. 30, 2015
Equity Method Investments and Joint Ventures [Abstract] |
Equity Method Investments | Equity Method Investments The Company holds a 25% equity interest in Constitution Pipeline Company, LLC (Constitution) and a 20% equity interest in Meade Pipeline Co LLC (Meade). Activity related to these equity method investments is as follows:
|  | Constitution |  | Meade |  | Total
|  | Nine Months Ended September 30, |  | Nine Months Ended September 30, |  | Nine Months Ended September 30,
(In thousands) |  | 2015 |  | 2014 |  | 2015 |  | 2014 |  | 2015 |  | 2014
Balance at beginning of period |  | $ | 64,269 |  |  | $ | 26,892 |  |  | $ | 3,760 |  |  | $ | — |  |  | $ | 68,029 |  |  | $ | 26,892 |
Contributions |  | 13,500 |  |  | 26,575 |  |  | 7,298 |  |  | 2,209 |  |  | 20,798 |  |  | 28,784 |
Earnings (loss) on equity method investments |  | 4,608 |  |  | 1,938 |  |  | (27 | ) |  | (119 | ) |  | 4,581 |  |  | 1,819 |
Balance at end of period |  | $ | 82,377 |  |  | $ | 55,405 |  |  | $ | 11,031 |  |  | $ | 2,090 |  |  | $ | 93,408 |  |  | $ | 57,495 |
The following table represents summarized financial information for Constitution as derived from the respective unaudited financial statements of Constitution for the nine months ended September 30, 2015 and 2014, respectively:
|  | Nine Months Ended September 30, 2015
(In thousands) |  | 2015 |  | 2014
Revenues |  | $ | — |  |  | $ | — |
Income (loss) from continuing operations |  | $ | 19,366 |  |  | $ | 9,723 |
Net income |  | $ | 19,366 |  |  | $ | 9,723 |
The Company records the activity for its equity method investments on a one month lag; however, the above summarized financial information represents Constitution's operations for the nine months ended September 30, 2015 and 2014, respectively. For further information regarding the Company’s equity method investments, refer to Note 4 of the Notes to the Consolidated Financial Statements in the Form 10-K.

X
- References No definition available. + Details
Name: | us-gaap_EquityMethodInvestmentsAndJointVenturesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for equity method investments and joint ventures. Equity method investments are investments that give the investor the ability to exercise significant influence over the operating and financial policies of an investee. Joint ventures are entities owned and operated by a small group of businesses as a separate and specific business or project for the mutual benefit of the members of the group. + 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 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 35 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=49116238&loc=d3e32847-111569 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.12) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 35 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=49116238&loc=d3e32787-111569 + Details
Name: | us-gaap_EquityMethodInvestmentsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration