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Acquisitions (Tables)

12 Months Ended

Dec. 31, 2013

North Little Rock Terminal [Member]

Business Acquisition [Line Items]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

The preliminary allocation of the aggregate purchase price of the North Little Rock Terminal as of December 31, 2013 is summarized as follows (in thousands):

Property, plant and equipment	$	4,987
Intangible assets	13
Total	$	5,000

Business Acquisition, Pro Forma Information [Table Text Block]

Below are the unaudited pro forma consolidated results of operations for the years ended December 31, 2013 and 2012, as if these acquisitions had occurred on January 1, 2012 (in thousands):

		Year Ended December 31,
		2013				2012
Net sales		$	908,867			$	1,024,025
Net income		$	42,268			$	26,109

Tyler Terminal and Tanks [Member]

Business Acquisition [Line Items]

Business Combination, Financial Information [Table Text Block]

Combined Consolidated Balance Sheet as of December 31, 2012

		Delek Logistics				Tyler Terminal and Tank Assets				Delek Logistics Partners, LP
		Partners, LP				(Tyler Predecessor)				December 31, 2012
						(In thousands)
ASSETS
Current Assets:
Cash and cash equivalents		$	23,452			$	—			$	23,452
Accounts receivable		27,725				—				27,725
Inventory		14,351				—				14,351
Deferred tax assets		14				—				14
Other current assets		169				—				169
Total current assets		65,711				—				65,711
Property, plant and equipment:
Property, plant and equipment		172,300				43,748				216,048
Less: accumulated depreciation		(18,790		)		(6,201		)		(24,991		)
Property, plant and equipment, net		153,510				37,547				191,057
Goodwill		10,454				—				10,454
Intangible assets, net		12,430				—				12,430
Other non-current assets		3,664				—				3,664
Total assets		$	245,769			$	37,547			$	283,316
LIABILITIES AND EQUITY
Current liabilities:
Accounts payable		$	21,849			$	—			$	21,849
Accounts payable to related parties		10,148				—				10,148
Fuel and other taxes payable		4,650				—				4,650
Accrued expenses and other current liabilities		3,615				35				3,650
Total current liabilities		40,262				35				40,297
Non-current liabilities:
Revolving credit facility		90,000				—				90,000
Asset retirement obligations		1,440				1,737				3,177
Deferred tax liability		17				—				17
Other non-current liabilities		9,625				185				9,810
Total non-current liabilities		101,082				1,922				103,004
Equity:
Predecessors division equity		—				35,590				35,590
Common unitholders - public (9,200,000 units issued and outstanding)		178,728				—				178,728
Common unitholders - Delek (2,799,258 units issued and outstanding)		(127,129		)		—				(127,129		)
Subordinated unitholders - Delek (11,999,258 units issued and outstanding)		52,875				—				52,875
General Partner unitholders - Delek (489,766 units issued and outstanding)		(49		)		—				(49		)
Total equity		104,425				35,590				140,015
Total liabilities and equity		$	245,769			$	37,547			$	283,316

Combined Consolidated Statements of Income

		Delek Logistics				Tyler Terminal and Tank Assets				Year Ended
		Partners, LP				(Tyler Predecessor)				December 31, 2013
						(In thousands)
Net Sales		$	907,428			$	—			$	907,428
Operating costs and expenses:
Cost of goods sold		811,364				—				811,364
Operating expenses		25,801				4,501				30,302
General and administrative expenses		6,254				602				6,856
Depreciation and amortization		10,686				1,750				12,436
Loss on asset disposals		166				—				166
Total operating costs and expenses		854,271				6,853				861,124
Operating income (loss)		53,157				(6,853		)		46,304
Interest expense, net		4,570				—				4,570
Net income (loss) before income tax expense		48,587				(6,853		)		41,734
Income tax expense		757				—				757
Net income (loss)		47,830				(6,853		)		40,977
Less: (Loss) attributable to Predecessors		—				(6,853		)		(6,853		)
Net income attributable to partners		$	47,830			$	—			$	47,830

						Tyler Terminal and				Year Ended
		Delek Logistics				Tank Assets				December 31, 2012
		Partners, LP				(Tyler Predecessor)				(Predecessors)
						(In thousands)
Net Sales		$	1,022,586			$	—			$	1,022,586
Operating costs and expenses:
Cost of goods sold		959,434				—				959,434
Operating expenses		23,362				7,035				30,397
General and administrative expenses		8,389				761				9,150
Depreciation and amortization		8,675				1,445				10,120
Loss on asset disposals		9				—				9
Total operating costs and expenses		999,869				9,241				1,009,110
Operating income (loss)		22,717				(9,241		)		13,476
Interest expense, net		2,682				—				2,682
Net income (loss) before income tax expense		20,035				(9,241		)		10,794
Income tax benefit		(14,024		)		—				(14,024		)
Net income (loss)		34,059				(9,241		)		24,818
Less: Income (loss) attributable to Predecessors		25,649				(9,241		)		16,408
Net income attributable to partners		$	8,410			$	—			$	8,410

		Delek Logistics				Tyler Terminal and				Year Ended
		Partners, LP				Tank Assets				December 31, 2011
		(DKL Predecessor)				(Tyler Predecessor)				(Predecessors)
						(In thousands)
Net Sales		$	744,079			$	—			$	744,079
Operating costs and expenses:
Cost of goods sold		700,505				—				700,505
Operating expenses		12,940				6,527				19,467
General and administrative expenses		5,795				688				6,483
Depreciation and amortization		4,820				1,241				6,061
Gain on disposal of assets		(2		)		—				(2		)
Total operating costs and expenses		724,058				8,456				732,514
Operating income (loss)		20,021				(8,456		)		11,565
Interest expense, net		2,011				—				2,011
Income (loss) before income tax expense		18,010				(8,456		)		9,554
Income tax expense		5,363				—				5,363
Net income (loss)		12,647				(8,456		)		4,191
Less: (Loss) income attributable to Predecessors		12,647				(8,456		)		4,191
Net income attributable to partners		$	—			$	—			$	—

Hopewell [Member]

Business Acquisition [Line Items]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

The preliminary allocation of the aggregate purchase price of the Hopewell Pipeline as of December 31, 2013 is summarized as follows (in thousands):

Property, plant and equipment	$	4,836
Intangible assets	864
Total	$	5,700

Business Acquisition, Pro Forma Information [Table Text Block]

Below are the unaudited pro forma consolidated results of operations for the years ended December 31, 2013 and 2012, as if these acquisitions had occurred on January 1, 2012 (in thousands):

		Year Ended December 31,
		2013				2012
Net sales		$	908,382			$	1,023,540
Net income		$	41,291			$	25,132

Big Sandy Terminal [Member]

Business Acquisition [Line Items]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

The allocation of the aggregate purchase price of Big Sandy as of December 31, 2013 is summarized as follows (in thousands):

Property, plant and equipment	$	8,258
Intangible assets	1,229
Goodwill (all expected to be deductible for tax purposes)	1,540
Total	$	11,027

Nettleton Pipeline [Member]

Business Acquisition [Line Items]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

The allocation of the aggregate purchase price of the Nettleton Pipeline as of December 31, 2013 is summarized as follows (in thousands):

Property, plant and equipment	$	8,590
Intangible assets	2,240
Goodwill (all expected to be deductible for tax purposes)	1,415
Total	$	12,245

Nettleton and Big Sandy [Member]

Business Acquisition [Line Items]

Business Acquisition, Pro Forma Information [Table Text Block]

Below are the pro forma consolidated results of operations of the Predecessor for the year ended December 31, 2012, as if these acquisitions had occurred on January 1, 2012 (amounts in thousands):

		Year Ended December 31,
		2012
Net sales		$	1,022,715
Net income		$	24,941

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Tabular disclosure of the combined results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate.

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- Definition

Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 805

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (h)(2)-(3)

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- Definition

Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 805

-SubTopic 20

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6910749&loc=d3e4845-128472

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