| Investments Accounted For By The Equity Method |
Investments accounted for by the equity method consist of the following as of September 30, 2016 and December 31, 2015:
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Carrying value |
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(Income) loss from equity method investments
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Approximate ownership % |
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September 30, 2016 |
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December 31, 2015 |
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Three months ended September 30, |
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Nine months ended September 30, |
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2016 |
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2015 |
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2016 |
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2015 |
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(In thousands) |
Investment in Tatex Thailand II, LLC |
23.5 |
% |
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$ |
— |
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$ |
— |
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$ |
(253 |
) |
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$ |
— |
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$ |
(412 |
) |
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$ |
189 |
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Investment in Tatex Thailand III, LLC |
17.9 |
% |
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— |
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— |
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— |
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— |
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— |
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— |
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Investment in Grizzly Oil Sands ULC |
24.9999 |
% |
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48,595 |
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50,645 |
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363 |
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58,653 |
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24,811 |
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71,289 |
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Investment in Timber Wolf Terminals LLC |
50.0 |
% |
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993 |
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999 |
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3 |
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— |
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7 |
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13 |
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Investment in Windsor Midstream LLC |
22.5 |
% |
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25,797 |
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27,955 |
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(9,014 |
) |
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(323 |
) |
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(12,062 |
) |
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(18,229 |
) |
Investment in Stingray Cementing LLC |
50.0 |
% |
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2,084 |
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2,487 |
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79 |
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(12 |
) |
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187 |
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160 |
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Investment in Blackhawk Midstream LLC |
48.5 |
% |
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— |
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— |
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— |
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— |
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— |
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(7,217 |
) |
Investment in Stingray Energy Services LLC |
50.0 |
% |
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4,382 |
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5,908 |
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294 |
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218 |
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935 |
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539 |
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Investment in Sturgeon Acquisitions LLC |
25.0 |
% |
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22,146 |
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22,769 |
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112 |
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(257 |
) |
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623 |
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(1,316 |
) |
Investment in Mammoth Energy Partners LP |
30.5 |
% |
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120,773 |
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131,630 |
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2,518 |
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3,612 |
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11,527 |
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11,608 |
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Investment in Strike Force Midstream LLC |
25.0 |
% |
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26,539 |
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— |
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(99 |
) |
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— |
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(40 |
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— |
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$ |
251,309 |
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$ |
242,393 |
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$ |
(5,997 |
) |
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$ |
61,891 |
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$ |
25,576 |
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$ |
57,036 |
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| Equity Method Investment Balance Sheet Summary |
The tables below summarizes financial information for the Company's equity investments as of September 30, 2016 and December 31, 2015.
Summarized balance sheet information:
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September 30, 2016 |
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December 31, 2015 |
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(In thousands) |
Current assets |
$ |
129,401 |
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$ |
105,537 |
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Noncurrent assets |
$ |
1,389,258 |
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$ |
1,293,925 |
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Current liabilities |
$ |
62,882 |
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$ |
56,559 |
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Noncurrent liabilities |
$ |
91,928 |
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$ |
155,995 |
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| Equity Method Investment Income Statement Summary |
Summarized results of operations:
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Three months ended September 30, |
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Nine months ended September 30, |
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2016 |
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2015 |
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2016 |
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2015 |
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(In thousands) |
Gross revenue |
$ |
76,627 |
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$ |
100,979 |
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$ |
206,666 |
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$ |
364,669 |
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Net (income) loss |
$ |
(35,212 |
) |
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$ |
10,063 |
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$ |
(9,344 |
) |
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$ |
(35,359 |
) |
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