Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows

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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
 3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Cash flows from operating activities    
Net loss $ (97,810) $ (117,105)
Adjustments to reconcile net loss to net cash used in operating activities:    
Investment in restricted cash and cash equivalents for certain operating activities (16,329) (33,850)
Depreciation, depletion and amortization 15,475 15,113
Amortization of debt issuance costs and discount 2,217 2,209
Stock-based compensation 35,942 63,689
Non-cash derivative loss, net 32,854 18,123
Net loss attributable to non-controlling interest (24,535) (7,524)
Other 1,006 (2,828)
Changes in operating assets and liabilities:    
Accounts and interest receivable 600 953
Accounts payable and accrued liabilities 43,379 49,631
LNG inventory, net 3,001 2,440
Deferred revenue (830) (2,210)
Prepaid expenses and other (13,189) (1,860)
Net cash used in operating activities (18,219) (13,219)
Cash flows from investing activities    
Property, plant, and equipment, net (773,376) (464,608)
Use of restricted cash and cash equivalents for the acquisition of property, plant and equpment 761,858 463,617
Investment in Cheniere Partners 0 (7,449)
Other (12,495) (1,551)
Net cash used in investing activities (24,013) (9,991)
Cash flows from financing activities    
Proceeds from issuances of long-term debt 0 1,500,000
Proceeds from sale of common units by Cheniere Partners 0 365,000
Use of (investment in) restricted cash and cash equivalents 33,743 (1,818,313)
Debt issuance and deferred financing costs (13,957) (34,986)
Distributions to non-controlling interest (19,786) (11,698)
Payments related to tax withholdings for stock-based compensation (7,742) (460)
Proceeds from exercise of stock options 3,691 0
Other 44 (3)
Net cash used in financing activities (4,007) (460)
Net decrease in cash and cash equivalents (46,239) (23,670)
Cash and cash equivalents—beginning of period 960,842 201,711
Cash and cash equivalents—end of period $ 914,603 $ 178,041