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Subsidiary Guarantors (Tables) | 3 Months Ended
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Mar. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Schedule of Condensed Consolidating Balance Sheet | CASELLA WASTE SYSTEMS, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATING BALANCE SHEET AS OF MARCH 31, 2016 (in thousands)
|  | Parent |  |  | Guarantors |  |  | Non- Guarantors |  |  | Elimination |  |  | Consolidated |
ASSETS |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
CURRENT ASSETS: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 1,434 |  |  | $ | 201 |  |  | $ | 13 |  |  | $ | — |  |  | $ | 1,648 |
Accounts receivable - trade, net |  |  | 388 |  |  |  | 52,646 |  |  |  | — |  |  |  | — |  |  |  | 53,034 |
Refundable income taxes |  |  | 660 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 660 |
Prepaid expenses |  |  | 3,960 |  |  |  | 5,461 |  |  |  | — |  |  |  | — |  |  |  | 9,421 |
Inventory |  |  | — |  |  |  | 4,474 |  |  |  | — |  |  |  | — |  |  |  | 4,474 |
Other current assets |  |  | 402 |  |  |  | 1,093 |  |  |  | — |  |  |  | — |  |  |  | 1,495 |
Total current assets |  |  | 6,844 |  |  |  | 63,875 |  |  |  | 13 |  |  |  | — |  |  |  | 70,732 |
Property, plant and equipment, net |  |  | 6,323 |  |  |  | 390,784 |  |  |  | — |  |  |  | — |  |  |  | 397,107 |
Goodwill |  |  | — |  |  |  | 118,976 |  |  |  | — |  |  |  | — |  |  |  | 118,976 |
Intangible assets, net |  |  | — |  |  |  | 8,728 |  |  |  | — |  |  |  | — |  |  |  | 8,728 |
Restricted assets |  |  | — |  |  |  | 871 |  |  |  | — |  |  |  | — |  |  |  | 871 |
Cost method investments |  |  | 12,333 |  |  |  | 1,932 |  |  |  | — |  |  |  | (1,932 | ) |  |  | 12,333 |
Investments in subsidiaries |  |  | 9,989 |  |  |  | — |  |  |  | — |  |  |  | (9,989 | ) |  |  | — |
Other non-current assets |  |  | 1,587 |  |  |  | 10,072 |  |  |  | — |  |  |  | — |  |  |  | 11,659 |
|  |  | 30,232 |  |  |  | 531,363 |  |  |  | — |  |  |  | (11,921 | ) |  |  | 549,674 |
Intercompany receivable |  |  | 490,611 |  |  |  | (453,566 | ) |  |  | (38,977 | ) |  |  | 1,932 |  |  |  | — |
|  | $ | 527,687 |  |  | $ | 141,672 |  |  | $ | (38,964 | ) |  | $ | (9,989 | ) |  | $ | 620,406 |
|  | Parent |  |  | Guarantors |  |  | Non - Guarantors |  |  | Elimination |  |  | Consolidated |
LIABILITIES AND STOCKHOLDERS’ DEFICIT |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
CURRENT LIABILITIES: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current maturities of long-term debt and capital leases |  | $ | 98 |  |  | $ | 1,360 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,458 |
Accounts payable |  |  | 15,468 |  |  |  | 23,342 |  |  |  | (1 | ) |  |  | — |  |  |  | 38,809 |
Accrued payroll and related expenses |  |  | 1,629 |  |  |  | 3,950 |  |  |  | — |  |  |  | — |  |  |  | 5,579 |
Accrued interest |  |  | 5,148 |  |  |  | 25 |  |  |  | — |  |  |  | — |  |  |  | 5,173 |
Current accrued capping, closure and post-closure costs |  |  | — |  |  |  | 703 |  |  |  | 3 |  |  |  | — |  |  |  | 706 |
Other accrued liabilities |  |  | 8,667 |  |  |  | 9,993 |  |  |  | — |  |  |  | — |  |  |  | 18,660 |
Total current liabilities |  |  | 31,010 |  |  |  | 39,373 |  |  |  | 2 |  |  |  | — |  |  |  | 70,385 |
Long-term debt and capital leases, less current portion |  |  | 510,302 |  |  |  | 2,918 |  |  |  | — |  |  |  | — |  |  |  | 513,220 |
Accrued capping, closure and post-closure costs, |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
less current portion |  |  | — |  |  |  | 41,518 |  |  |  | 31 |  |  |  | — |  |  |  | 41,549 |
Deferred income taxes |  |  | 5,695 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 5,695 |
Other long-term liabilities |  |  | 9,175 |  |  |  | 8,898 |  |  |  | — |  |  |  | — |  |  |  | 18,073 |
STOCKHOLDERS’ DEFICIT: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Casella Waste Systems, Inc. stockholders’ deficit |  |  | (28,495 | ) |  |  | 48,965 |  |  |  | (38,976 | ) |  |  | (9,989 | ) |  |  | (28,495 | )
Noncontrolling interests |  |  | — |  |  |  | — |  |  |  | (21 | ) |  |  | — |  |  |  | (21 | )
Total stockholders’ deficit |  |  | (28,495 | ) |  |  | 48,965 |  |  |  | (38,997 | ) |  |  | (9,989 | ) |  |  | (28,516 | )
|  | $ | 527,687 |  |  | $ | 141,672 |  |  | $ | (38,964 | ) |  | $ | (9,989 | ) |  | $ | 620,406 |
CASELLA WASTE SYSTEMS, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATING BALANCE SHEET AS OF DECEMBER 31, 2015 (in thousands)
|  | Parent |  |  | Guarantors |  |  | Non- Guarantors |  |  | Elimination |  |  | Consolidated |
ASSETS |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
CURRENT ASSETS: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 1,939 |  |  | $ | 252 |  |  | $ | 121 |  |  | $ | — |  |  | $ | 2,312 |
Accounts receivable - trade, net |  |  | 438 |  |  |  | 59,729 |  |  |  | — |  |  |  | — |  |  |  | 60,167 |
Refundable income taxes |  |  | 651 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 651 |
Prepaid expenses |  |  | 2,612 |  |  |  | 5,058 |  |  |  | — |  |  |  | — |  |  |  | 7,670 |
Inventory |  |  | — |  |  |  | 4,282 |  |  |  | — |  |  |  | — |  |  |  | 4,282 |
Other current assets |  |  | 520 |  |  |  | 1,066 |  |  |  | — |  |  |  | — |  |  |  | 1,586 |
Total current assets |  |  | 6,160 |  |  |  | 70,387 |  |  |  | 121 |  |  |  | — |  |  |  | 76,668 |
Property, plant and equipment, net |  |  | 6,220 |  |  |  | 396,032 |  |  |  | — |  |  |  | — |  |  |  | 402,252 |
Goodwill |  |  | — |  |  |  | 118,976 |  |  |  | — |  |  |  | — |  |  |  | 118,976 |
Intangible assets, net |  |  | 8 |  |  |  | 9,244 |  |  |  | — |  |  |  | — |  |  |  | 9,252 |
Restricted assets |  |  | 1,348 |  |  |  | 903 |  |  |  | — |  |  |  | — |  |  |  | 2,251 |
Cost method investments |  |  | 12,333 |  |  |  | 1,932 |  |  |  | — |  |  |  | (1,932 | ) |  |  | 12,333 |
Investments in subsidiaries |  |  | 7,744 |  |  |  | — |  |  |  | — |  |  |  | (7,744 | ) |  |  | — |
Other non-current assets |  |  | 1,587 |  |  |  | 10,350 |  |  |  | — |  |  |  | — |  |  |  | 11,937 |
|  |  | 29,240 |  |  |  | 537,437 |  |  |  | — |  |  |  | (9,676 | ) |  |  | 557,001 |
Intercompany receivable |  |  | 499,977 |  |  |  | (462,932 | ) |  |  | (38,977 | ) |  |  | 1,932 |  |  |  | — |
|  | $ | 535,377 |  |  | $ | 144,892 |  |  | $ | (38,856 | ) |  | $ | (7,744 | ) |  | $ | 633,669 |
|  | Parent |  |  | Guarantors |  |  | Non - Guarantors |  |  | Elimination |  |  | Consolidated |
LIABILITIES AND STOCKHOLDERS’ (DEFICIT) EQUITY |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
CURRENT LIABILITIES: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current maturities of long-term debt and capital leases |  | $ | 96 |  |  | $ | 1,352 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,448 |
Accounts payable |  |  | 16,203 |  |  |  | 28,504 |  |  |  | 214 |  |  |  | — |  |  |  | 44,921 |
Accrued payroll and related expenses |  |  | 2,994 |  |  |  | 5,181 |  |  |  | — |  |  |  | — |  |  |  | 8,175 |
Accrued interest |  |  | 12,292 |  |  |  | 13 |  |  |  | — |  |  |  | — |  |  |  | 12,305 |
Current accrued capping, closure and post-closure costs |  |  | — |  |  |  | 729 |  |  |  | 3 |  |  |  | — |  |  |  | 732 |
Other accrued liabilities |  |  | 7,693 |  |  |  | 10,072 |  |  |  | — |  |  |  | — |  |  |  | 17,765 |
Total current liabilities |  |  | 39,278 |  |  |  | 45,851 |  |  |  | 217 |  |  |  | — |  |  |  | 85,346 |
Long-term debt and capital leases, less current portion |  |  | 502,949 |  |  |  | 3,036 |  |  |  | — |  |  |  | — |  |  |  | 505,985 |
Accrued capping, closure and post-closure costs, less current portion |  |  | — |  |  |  | 40,279 |  |  |  | 30 |  |  |  | — |  |  |  | 40,309 |
Deferred income taxes |  |  | 5,595 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 5,595 |
Other long-term liabilities |  |  | 9,078 |  |  |  | 8,953 |  |  |  | — |  |  |  | — |  |  |  | 18,031 |
STOCKHOLDERS’ DEFICIT: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Casella Waste Systems, Inc. stockholders’ deficit |  |  | (21,523 | ) |  |  | 46,773 |  |  |  | (39,029 | ) |  |  | (7,744 | ) |  |  | (21,523 | )
Noncontrolling interests |  |  | — |  |  |  | — |  |  |  | (74 | ) |  |  | — |  |  |  | (74 | )
Total stockholders’ deficit |  |  | (21,523 | ) |  |  | 46,773 |  |  |  | (39,103 | ) |  |  | (7,744 | ) |  |  | (21,597 | )
|  | $ | 535,377 |  |  | $ | 144,892 |  |  | $ | (38,856 | ) |  | $ | (7,744 | ) |  | $ | 633,669 |
Schedule of Consolidating Statement of Operations | CASELLA WASTE SYSTEMS, INC. AND SUBSIDIARIES CONSOLIDATING STATEMENT OF OPERATIONS THREE MONTHS ENDED MARCH 31, 2016 (in thousands)
|  | Parent |  |  | Guarantors |  |  | Non - Guarantors |  |  | Elimination |  |  | Consolidated |
Revenues |  | $ | — |  |  | $ | 125,432 |  |  | $ | — |  |  | $ | — |  |  | $ | 125,432 |
Operating expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cost of operations |  |  | 9 |  |  |  | 90,398 |  |  |  | 11 |  |  |  | — |  |  |  | 90,418 |
General and administration |  |  | (169 | ) |  |  | 18,755 |  |  |  | 1 |  |  |  | — |  |  |  | 18,587 |
Depreciation and amortization |  |  | 276 |  |  |  | 14,177 |  |  |  | — |  |  |  | — |  |  |  | 14,453 |
|  |  | 116 |  |  |  | 123,330 |  |  |  | 12 |  |  |  | — |  |  |  | 123,458 |
Operating income (loss) |  |  | (116 | ) |  |  | 2,102 |  |  |  | (12 | ) |  |  | — |  |  |  | 1,974 |
Other expense (income): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest income |  |  | — |  |  |  | (104 | ) |  |  | — |  |  |  | — |  |  |  | (104 | )
Interest expense |  |  | 9,962 |  |  |  | 68 |  |  |  | — |  |  |  | — |  |  |  | 10,030 |
(Gain) loss on debt extinguishment |  |  | (48 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (48 | )
Earnings from consolidated entities |  |  | (2,258 | ) |  |  | — |  |  |  | — |  |  |  | 2,258 |  |  |  | — |
Other income |  |  | (15 | ) |  |  | (126 | ) |  |  | — |  |  |  | — |  |  |  | (141 | )
Other expense, net |  |  | 7,641 |  |  |  | (162 | ) |  |  | — |  |  |  | 2,258 |  |  |  | 9,737 |
Loss before income taxes |  |  | (7,757 | ) |  |  | 2,264 |  |  |  | (12 | ) |  |  | (2,258 | ) |  |  | (7,763 | )
(Benefit) provision for income taxes |  |  | (149 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (149 | )
Net loss |  |  | (7,608 | ) |  |  | 2,264 |  |  |  | (12 | ) |  |  | (2,258 | ) |  |  | (7,614 | )
Less: Net (loss) income attributable to noncontrolling interests |  |  | — |  |  |  | — |  |  |  | (6 | ) |  |  | — |  |  |  | (6 | )
Net loss attributable to common stockholders |  | $ | (7,608 | ) |  | $ | 2,264 |  |  | $ | (6 | ) |  | $ | (2,258 | ) |  | $ | (7,608 | )
CASELLA WASTE SYSTEMS, INC. AND SUBSIDIARIES CONSOLIDATING STATEMENT OF OPERATIONS THREE MONTHS ENDED MARCH 31, 2015 (in thousands)
|  | Parent |  |  | Guarantors |  |  | Non - Guarantors |  |  | Elimination |  |  | Consolidated |
Revenues |  | $ | — |  |  | $ | 116,453 |  |  | $ | 124 |  |  | $ | — |  |  | $ | 116,577 |
Operating expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cost of operations |  |  | (83 | ) |  |  | 87,679 |  |  |  | 237 |  |  |  | — |  |  |  | 87,833 |
General and administration |  |  | (117 | ) |  |  | 16,938 |  |  |  | (16 | ) |  |  | — |  |  |  | 16,805 |
Depreciation and amortization |  |  | 223 |  |  |  | 13,525 |  |  |  | — |  |  |  | — |  |  |  | 13,748 |
Divestiture transactions |  |  | — |  |  |  | (2,085 | ) |  |  | (2,850 | ) |  |  | — |  |  |  | (4,935 | )
|  |  | 23 |  |  |  | 116,057 |  |  |  | (2,629 | ) |  |  | — |  |  |  | 113,451 |
Operating income (loss) |  |  | (23 | ) |  |  | 396 |  |  |  | 2,753 |  |  |  | — |  |  |  | 3,126 |
Other expense (income): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest income |  |  | (47 | ) |  |  | (94 | ) |  |  | — |  |  |  | — |  |  |  | (141 | )
Interest expense |  |  | 9,988 |  |  |  | 53 |  |  |  | 85 |  |  |  | — |  |  |  | 10,126 |
(Gain) loss on debt extinguishment |  |  | 521 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 521 |
Loss on derivative instruments |  |  | 151 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 151 |
Earnings from consolidated entities |  |  | (1,924 | ) |  |  | — |  |  |  | — |  |  |  | 1,924 |  |  |  | — |
Other income |  |  | (37 | ) |  |  | (127 | ) |  |  | — |  |  |  | — |  |  |  | (164 | )
Other expense, net |  |  | 8,652 |  |  |  | (168 | ) |  |  | 85 |  |  |  | 1,924 |  |  |  | 10,493 |
Loss before income taxes |  |  | (8,675 | ) |  |  | 564 |  |  |  | 2,668 |  |  |  | (1,924 | ) |  |  | (7,367 | )
(Benefit) provision for income taxes |  |  | 596 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 596 |
Net loss |  |  | (9,271 | ) |  |  | 564 |  |  |  | 2,668 |  |  |  | (1,924 | ) |  |  | (7,963 | )
Less: Net (loss) income attributable to noncontrolling interests |  |  | — |  |  |  | — |  |  |  | 1,308 |  |  |  | — |  |  |  | 1,308 |
Net loss attributable to common stockholders |  | $ | (9,271 | ) |  | $ | 564 |  |  | $ | 1,360 |  |  | $ | (1,924 | ) |  | $ | (9,271 | )
Schedule of Consolidating Statement of Comprehensive Loss | CASELLA WASTE SYSTEMS, INC. AND SUBSIDIARIES CONSOLIDATING STATEMENT OF COMPREHENSIVE LOSS THREE MONTHS ENDED MARCH 31, 2016 (in thousands)
|  | Parent |  |  | Guarantors |  |  | Non - Guarantors |  |  | Elimination |  |  | Consolidated |
Net loss |  | $ | (7,608 | ) |  | $ | 2,264 |  |  | $ | (12 | ) |  | $ | (2,258 | ) |  | $ | (7,614 | )
Other comprehensive loss, net of tax: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Unrealized loss resulting from changes in fair value of marketable securities |  |  | — |  |  |  | (83 | ) |  |  | — |  |  |  | — |  |  |  | (83 | )
Other comprehensive loss, net of tax |  |  | — |  |  |  | (83 | ) |  |  | — |  |  |  | — |  |  |  | (83 | )
Comprehensive loss |  |  | (7,608 | ) |  |  | 2,181 |  |  |  | (12 | ) |  |  | (2,258 | ) |  |  | (7,697 | )
Less: Comprehensive loss attributable to noncontrolling interests |  |  | — |  |  |  | — |  |  |  | (6 | ) |  |  | — |  |  |  | (6 | )
Comprehensive (loss) income attributable to common stockholders |  | $ | (7,608 | ) |  | $ | 2,181 |  |  | $ | (6 | ) |  | $ | (2,258 | ) |  | $ | (7,691 | )
CASELLA WASTE SYSTEMS, INC. AND SUBSIDIARIES CONSOLIDATING STATEMENT OF COMPREHENSIVE LOSS THREE MONTHS ENDED MARCH 31, 2015 (in thousands)
|  | Parent |  |  | Guarantors |  |  | Non - Guarantors |  |  | Elimination |  |  | Consolidated |
Net loss |  | $ | (9,271 | ) |  | $ | 564 |  |  | $ | 2,668 |  |  | $ | (1,924 | ) |  | $ | (7,963 | )
Other comprehensive loss, net of tax: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Unrealized loss resulting from changes in fair value of marketable securities |  |  | — |  |  |  | (34 | ) |  |  | — |  |  |  | — |  |  |  | (34 | )
Other comprehensive loss, net of tax |  |  | — |  |  |  | (34 | ) |  |  | — |  |  |  | — |  |  |  | (34 | )
Comprehensive loss |  |  | (9,271 | ) |  |  | 530 |  |  |  | 2,668 |  |  |  | (1,924 | ) |  |  | (7,997 | )
Less: Comprehensive (loss) income attributable to noncontrolling interests |  |  | — |  |  |  | — |  |  |  | 1,308 |  |  |  | — |  |  |  | 1,308 |
Comprehensive loss attributable to common stockholders |  | $ | (9,271 | ) |  | $ | 530 |  |  | $ | 1,360 |  |  | $ | (1,924 | ) |  | $ | (9,305 | )
Schedule of Condensed Consolidating Statement of Cash Flows | CASELLA WASTE SYSTEMS, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS THREE MONTHS ENDED MARCH 31, 2016 (in thousands)
|  | Parent |  |  | Guarantors |  |  | Non-Guarantors |  |  | Elimination |  |  | Consolidated |
Net cash provided by (used in) operating activities |  | $ | (6,711 | ) |  | $ | 8,543 |  |  | $ | (108 | ) |  | $ | — |  |  | $ | 1,724 |
Cash Flows from Investing Activities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Additions to property, plant and equipment |  |  | (371 | ) |  |  | (9,477 | ) |  |  | — |  |  |  | — |  |  |  | (9,848 | )
Payments on landfill operating lease contracts |  |  | — |  |  |  | (500 | ) |  |  | — |  |  |  | — |  |  |  | (500 | )
Proceeds from sale of property and equipment |  |  | — |  |  |  | 359 |  |  |  | — |  |  |  | — |  |  |  | 359 |
Net cash used in investing activities |  |  | (371 | ) |  |  | (9,618 | ) |  |  | — |  |  |  | — |  |  |  | (9,989 | )
Cash Flows from Financing Activities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Proceeds from long-term borrowings |  |  | 64,300 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 64,300 |
Principal payments on long-term debt |  |  | (57,838 | ) |  |  | (110 | ) |  |  | — |  |  |  | — |  |  |  | (57,948 | )
Payments of debt issuance costs |  |  | (99 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (99 | )
Change in restricted cash |  |  | 1,348 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 1,348 |
Intercompany borrowings |  |  | (1,134 | ) |  |  | 1,134 |  |  |  | — |  |  |  | — |  |  |  | — |
Net cash provided by financing activities |  |  | 6,577 |  |  |  | 1,024 |  |  |  | — |  |  |  | — |  |  |  | 7,601 |
Net (decrease) increase in cash and cash equivalents |  |  | (505 | ) |  |  | (51 | ) |  |  | (108 | ) |  |  | — |  |  |  | (664 | )
Cash and cash equivalents, beginning of period |  |  | 1,939 |  |  |  | 252 |  |  |  | 121 |  |  |  | — |  |  |  | 2,312 |
Cash and cash equivalents, end of period |  | $ | 1,434 |  |  | $ | 201 |  |  | $ | 13 |  |  | $ | — |  |  | $ | 1,648 |
CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS THREE MONTHS ENDED MARCH 31, 2015 (in thousands)
|  | Parent |  |  | Guarantors |  |  | Non-Guarantors |  |  | Elimination |  |  | Consolidated |
Net cash provided by (used in) operating activities |  | $ | (10,886 | ) |  | $ | 5,604 |  |  | $ | (413 | ) |  | $ | — |  |  | $ | (5,695 | )
Cash Flows from Investing Activities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Additions to property, plant and equipment |  |  | (516 | ) |  |  | (3,928 | ) |  |  | — |  |  |  | — |  |  |  | (4,444 | )
Payments on landfill operating lease contracts |  |  | — |  |  |  | (478 | ) |  |  | — |  |  |  | — |  |  |  | (478 | )
Payments related to investments |  |  | — |  |  |  | 1,555 |  |  |  | (1,555 | ) |  |  | — |  |  |  | — |
Proceeds from divestiture transactions |  |  | — |  |  |  | 1,050 |  |  |  | 3,500 |  |  |  | — |  |  |  | 4,550 |
Proceeds from sale of property and equipment |  |  | — |  |  |  | 89 |  |  |  | — |  |  |  | — |  |  |  | 89 |
Net cash used in investing activities |  |  | (516 | ) |  |  | (1,712 | ) |  |  | 1,945 |  |  |  | — |  |  |  | (283 | )
Cash Flows from Financing Activities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Proceeds from long-term borrowings |  |  | 197,573 |  |  |  | 18 |  |  |  | — |  |  |  | — |  |  |  | 197,591 |
Principal payments on long-term debt |  |  | (186,267 | ) |  |  | (233 | ) |  |  | — |  |  |  | — |  |  |  | (186,500 | )
Payments of debt issuance costs |  |  | (6,852 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (6,852 | )
Change in restricted cash |  |  | 4,086 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 4,086 |
Distributions to noncontrolling interest holder |  |  | — |  |  |  | — |  |  |  | (1,495 | ) |  |  | — |  |  |  | (1,495 | )
Intercompany borrowings |  |  | 3,707 |  |  |  | (3,707 | ) |  |  | — |  |  |  | — |  |  |  | — |
Net cash provided by financing activities |  |  | 12,247 |  |  |  | (3,922 | ) |  |  | (1,495 | ) |  |  | — |  |  |  | 6,830 |
Net (decrease) increase in cash and cash equivalents |  |  | 845 |  |  |  | (30 | ) |  |  | 37 |  |  |  | — |  |  |  | 852 |
Cash and cash equivalents, beginning of period |  |  | 1,596 |  |  |  | 253 |  |  |  | 356 |  |  |  | — |  |  |  | 2,205 |
Cash and cash equivalents, end of period |  | $ | 2,441 |  |  | $ | 223 |  |  | $ | 393 |  |  | $ | — |  |  | $ | 3,057 |

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