Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY

v3.6.0.2
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
Total
Members' Equity
 [1]
Common Partners
Common Stock
Retained Earnings (Accumulated Deficit)
 [2]
Paid-In Capital
AOCI
 [3]
Common stock, shares at Dec. 31, 2013       100      
Common stock, value, outstanding at Dec. 31, 2013       $ 1      
Beginning balance at Dec. 31, 2013 $ 120,714,118 $ 116,370,107 $ 0   $ 5,928,873 $ 0 $ (1,584,863)
Increase (Decrease) in Partners' Capital [Roll Forward]              
Capital contributions 51,768,502 51,768,502          
Dividends paid (12,301)       (12,301)    
Capital distributions (12,301)       (12,301)    
Contribution of predecessor interests for 20MM units (Note 1) (in shares)       (100)      
Contribution of predecessor interests for 20MM units (Note 1) (3,191,120) (172,529,028) 180,465,348 $ (1) (11,127,439) 0 0
Acquisition of Stingray (Note 12) 183,630,000   183,630,000        
Net loss (2,010,548)            
Other comprehensive income 472,714           472,714
Common stock, value, outstanding at Dec. 31, 2014       $ 0      
Ending balance at Dec. 31, 2014 355,210,206 0 356,322,355   0 0 (1,112,149)
Common stock, shares at Dec. 31, 2014       0      
Increase (Decrease) in Partners' Capital [Roll Forward]              
Dividends paid (711)   (711)        
Capital distributions (711)   (711)        
Net loss (27,231,414)   (27,231,414)        
Other comprehensive income $ (4,814,819)           (4,814,819)
Common stock, shares at Dec. 31, 2015 0            
Common stock, value, outstanding at Dec. 31, 2015       $ 0      
Ending balance at Dec. 31, 2015 $ 323,163,262 0 329,090,230   0 0 (5,926,968)
Increase (Decrease) in Partners' Capital [Roll Forward]              
Accumulated other comprehensive loss $ (5,926,968)            
Common stock, shares at Dec. 31, 2015 30,000,000     0      
Increase (Decrease) in Partners' Capital [Roll Forward]              
Equity based compensation $ (18,683)   (18,683)        
LLC Conversion (Note 1)   0 (296,986,430)     296,986,430  
Stock-based compensation 519,830         519,830  
Issuance of common stock at public offering, net of offering costs (in shares)       37,500,000      
Issuance of common stock at public offering, net of offering costs, Common Stock, Amount 103,074,661     $ 375,000      
Net loss (88,407,995)            
Other comprehensive income $ 2,710,605           2,710,605
Common stock, shares at Dec. 31, 2016 37,500,000     37,500,000      
Common stock, value, outstanding at Dec. 31, 2016       $ 375,000      
Ending balance at Dec. 31, 2016   $ 0 $ 0   $ (56,322,878) 400,205,921  
Increase (Decrease) in Partners' Capital [Roll Forward]              
Issuance of common stock at public offering, net of offering costs, Paid-In Capital           $ 102,699,661  
Accumulated other comprehensive loss $ (3,216,363)           $ (3,216,363)
Total $ 341,041,680            
[1] Members' Equity and Contributed Capital - Common Shareholders
[2] Retained Earnings (Accumulated Deficit)
[3] Accumulated Other Comprehensive Loss