v3.5.0.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash flows from operating activities:    
Net income (loss) $ 1,037 $ 56,790
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 24,535 13,829
Allowance for doubtful accounts 15 (16)
Amortization of deferred financing costs and original issue discount 378 479
Amortization of debt fair value adjustment 1,250 0
(Gain) loss on disposition of fixed assets 44 22
Loss on extinguishment of debt 5,116 0
Share-based compensation 718 289
Change in assets and liabilities:    
Accounts receivable 54 (3,245)
Inventories 34,615 (107)
Prepaid expenses and other current assets 2,604 2,020
Other long-term assets (263) (52)
Accounts payable 8,955 908
Deferred revenue (31,640) (11,702)
Accrued expenses and other current liabilities (19,231) (4,395)
Other long-term liabilities 68 (2)
Net cash provided by operating activities 29,154 55,954
Cash flows from investing activities:    
Capital expenditures (11,869) (6,033)
Acquisition of CVR Nitrogen, LP, net of cash acquired (63,869) 0
Proceeds from sale of assets 0 32
Net cash used in investing activities (75,738) (6,001)
Cash flows from financing activities:    
Payment of financing costs (6,528) 0
Proceeds on issuance of 2023 Notes, net of original issue discount 628,869 0
Proceeds on CRLLC Facility 300,000 0
Contribution from affiliate 507 0
Cash distributions to common unitholders – Affiliates (21,017) (33,471)
Cash distributions to common unitholders – Non-affiliates (29,314) (29,415)
Purchase of noncontrolling interest (5,000) 0
Net cash provided by (used in) financing activities 72,878 (62,886)
Net increase (decrease) in cash and cash equivalents 26,294 (12,933)
Cash and cash equivalents, beginning of period 49,967 79,914
Cash and cash equivalents, end of period 76,261 66,981
Supplemental disclosures:    
Cash paid for income taxes, net 14 35
Cash paid for interest, net of capitalized interest of $401 in 2016 22,304 2,934
Non-cash investing and financing activities:    
Construction in progress additions included in accounts payable 5,065 2,048
Change in accounts payable related to construction in progress (145) 982
Reduction of proceeds from 2023 Notes from underwriting discount 16,131 0
Fair value of common units issued in a business combination 335,693 0
Fair value of debt assumed in a business combination 367,500 0
6.50% notes, due 2021    
Cash flows from financing activities:    
Payments of debt (320,539) 0
CRLLC Facility    
Cash flows from financing activities:    
Payments of debt (300,000) 0
CRNF Credit Facility    
Cash flows from financing activities:    
Payments of debt (125,000) 0
Assumed Debt    
Cash flows from financing activities:    
Payments of debt (49,100) 0
Affiliates    
Adjustments to reconcile net income to net cash provided by operating activities:    
Share-based compensation $ 899 $ 1,136