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DISCONTINUED OPERATIONS (Tables)
 12 Months Ended
Dec. 31, 2022
Discontinued Operations and Disposal Groups [Abstract]  
Disposal Groups, Including Discontinued Operations
The following table presents the significant components of net loss from discontinued operations:
Year Ended December 31,
202220212020
Revenues
Total revenues$140,009 $120,219 $68,562 
Expenses
Cost of sales12,732 — 10,864 
Operating expense92,478 98,541 58,527 
General and administrative expenses2,694 3,961 4,053 
Acquisition and transaction expenses13,971 4,030 — 
Management fees and incentive allocation to affiliate8,134 15,638 13,073 
Depreciation and amortization40,319 54,016 31,114 
Interest expense15,105 16,019 10,764 
Total expenses185,433 192,205 128,395 
Equity in losses of unconsolidated entities (46,602)(11,331)(3,107)
Gain on sale of assets, net258 16 1,323 
Loss on extinguishment of debt— — (4,724)
Other (expense) income(1,421)(8,727)138 
Total other expense(47,765)(20,042)(6,370)
Loss before income taxes(93,189)(92,028)(66,203)
Provision for (benefit from) income taxes8,227 (4,183)(1,562)
Net loss from discontinued operations, net of income taxes(101,416)(87,845)(64,641)
Less: Net loss attributable to non-controlling interests in consolidated subsidiaries(18,817)(26,472)(16,522)
Net loss attributable to shareholders$(82,599)$(61,373)$(48,119)
The following table summarizes the carrying value of the major classes of assets and liabilities of discontinued operations as of December 31, 2021:
December 31, 2021
Assets
Cash and cash equivalents$49,872 
Restricted cash251,983 
Accounts receivable, net50,301 
Leasing equipment, net36,012 
Operating lease right-of-use assets, net71,547 
Property, plant and equipment, net1,517,594 
Investments54,408 
Intangible assets, net67,737 
Goodwill257,137 
Other assets85,710 
Total assets of discontinued operations2,442,301 
Liabilities
Accounts payable and accrued liabilities115,634 
Debt, net718,624 
Operating lease liabilities70,404 
Other liabilities75,593 
Total liabilities of discontinued operations980,255 
The cash flows related to discontinued operations have not been segregated, and are included in the Consolidated Statements of Cash Flows for all periods presented. The following table summarizes depreciation and amortization, capital expenditures, and other significant operating and investing noncash items of discontinued operations for each period presented:
Year Ended December 31,
202220212020
Operating activities:
Equity in losses of unconsolidated entities$46,601 $11,331 $3,107 
Depreciation and amortization40,319 54,016 31,114 
Equity-based compensation2,623 4,038 2,325 
Investing activities:
Acquisition of property, plant and equipment$(129,920)$(140,896)$(247,961)
Acquisition of business, net of cash acquired(3,819)(627,090)— 
Investment in unconsolidated entities7,954 53,055 (4,690)
Proceeds from sale of property, plant and equipment5,289 4,494 — 
Non-cash change in equity method investment(182,963)(129,907)(26,609)
Conversion of interests in unconsolidated entities(21,302)— — 
Summarized financial data for Long Ridge Terminal LLC are shown in the following tables for the periods in which the Company held the equity investment.
December 31, 2021
Balance Sheet
Assets
Cash and cash equivalents$2,932 
Restricted cash32,469 
Accounts receivable, net17,896 
Property, plant, and equipment, net764,607 
Intangible assets, net4,940 
Goodwill89,390 
Inventory, net1,691 
Other assets12,750 
Total assets$926,675 
Liabilities
Accounts payable and accrued liabilities$16,121 
Debt, net604,261 
Derivative liabilities 339,033 
Other liabilities2,246 
Total liabilities961,661 
Equity
Shareholders’ equity(1,035)
Accumulated deficit(33,951)
Total equity(34,986)
Total liabilities and equity$926,675 
Income Statement202220212020
Total revenues$15,199 $85,638 $24,917 
Expenses
Operating expenses36,693 28,310 16,339 
Depreciation and amortization29,381 24,836 11,004 
Interest expense30,622 11,005 2,037 
Total expenses96,696 64,151 29,380 
Total other expense(234)(44,302)(1,967)
Net loss$(81,731)$(22,815)$(6,430)