v3.25.3
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2025
Jun. 30, 2025
Dec. 31, 2024
Sep. 30, 2024
Jun. 30, 2024
Dec. 31, 2023
CURRENT ASSETS:            
Cash and cash equivalents $ 4,915,000   $ 7,352,000      
Accounts receivable - trade, net 577,488,000   479,504,000      
Inventories 49,238,000   37,782,000      
Other 20,339,000   18,789,000      
Current assets held for discontinued operations 0   368,307,000      
Total current assets 651,980,000   911,734,000      
FIXED ASSETS, at cost 5,358,623,000   5,280,860,000      
Less: Accumulated depreciation (1,858,430,000)   (1,740,974,000)      
Net fixed assets 3,500,193,000   3,539,886,000      
EQUITY INVESTEES 223,448,000   240,368,000      
INTANGIBLE ASSETS, net of amortization 77,984,000   85,287,000      
GOODWILL 301,959,000   301,959,000      
RIGHT OF USE ASSETS, net 59,079,000   65,739,000      
OTHER ASSETS 55,077,000   53,606,000      
NON-CURRENT ASSETS - held for discontinued operations 0   1,839,113,000      
TOTAL ASSETS 4,869,720,000   7,037,692,000      
CURRENT LIABILITIES:            
Accounts payable - trade 448,696,000   388,245,000      
Accrued liabilities 224,552,000   254,202,000      
Current liabilities held for discontinued operations 0   216,308,000      
Total current liabilities 673,248,000   858,755,000      
SENIOR SECURED CREDIT FACILITY 58,600,000   291,000,000      
SENIOR UNSECURED NOTES, net of debt issuance costs, discount and premium 3,038,162,000   3,436,860,000      
DEFERRED TAX LIABILITIES 16,717,000   16,575,000      
OTHER LONG-TERM LIABILITIES 374,835,000   389,161,000      
LONG-TERM LIABILITIES - held for discontinued operations 0   529,558,000      
Total liabilities 4,161,562,000   5,521,909,000      
MEZZANINE CAPITAL:            
Class A Convertible Preferred Units, 15,695,722 and 23,111,918 issued and outstanding at September 30, 2025 and December 31, 2024, respectively 552,523,000   813,589,000      
PARTNERS’ CAPITAL (DEFICIT):            
Common unitholders, 122,464,318 units issued and outstanding at September 30, 2025 and December 31, 2024 (299,142,000)   279,891,000      
Accumulated other comprehensive income 0   9,486,000      
Noncontrolling interests 454,777,000   412,817,000      
Total partners’ capital 155,635,000 $ 164,881,000 702,194,000 $ 780,799,000 $ 831,392,000 $ 897,188,000
TOTAL LIABILITIES, MEZZANINE CAPITAL AND PARTNERS’ CAPITAL $ 4,869,720,000   $ 7,037,692,000