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Acquisitions (Tables) | 12 Months Ended
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Dec. 31, 2014
Business Acquisition [Line Items] |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block] | The following table summarizes the allocation of the aggregate purchase price for each of the third party acquisitions described above (in thousands):
| FTT Assets (1) |  | Greenville-Mount Pleasant Assets (1) |  | North Little Rock Terminal(2) |  | Hopewell(2) |  | Big Sandy |  | Nettleton Pipeline
Property, plant and equipment | $ | 11,055 |  |  | $ | 10,000 |  |  | $ | 4,990 |  |  | $ | 3,538 |  |  | $ | 8,258 |  |  | $ | 8,590 |
Intangible assets | — |  |  | — |  |  | 10 |  |  | 984 |  |  | 1,229 |  |  | 2,240 |
Goodwill (3) | — |  |  | — |  |  | — |  |  | 1,200 |  |  | 1,540 |  |  | 1,415 |
Inventory | — |  |  | 1,125 |  |  | — |  |  | — |  |  | — |  |  | — |
Accounts Receivable | 1,871 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Accounts Payable | (1,401 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Total | $ | 11,525 |  |  | $ | 11,125 |  |  | $ | 5,000 |  |  | $ | 5,722 |  |  | $ | 11,027 |  |  | $ | 12,245 |
(1) | Allocations are preliminary. The property, plant and equipment valuation is subject to change during the purchase price allocation period.
(2) | During the second quarter of 2014, we finalized our purchase price allocation and adjusted certain of the acquisition-date fair values previously disclosed.
Business Acquisition, Pro Forma Information [Table Text Block] | The following amounts associated with the third party acquisitions described above, subsequent to each respective acquisition date, are included in the consolidated statements of income and comprehensive income of the Partnership (in thousands) for the year ended December 31, 2014:
|  | Year Ended
|  | December 31, 2014
FTT Assets: |  |
Total operating revenues contributed |  | $ | 531 |
Net income contributed |  | $ | 122 |
Greenville-Mount Pleasant Assets: |  |
Total operating revenues contributed |  | $ | 172 |
Net loss contributed |  | $ | (109 | )
Pro Forma Financial Information - Acquisitions from Third Parties Below are the unaudited pro forma consolidated results of operations of the Partnership for the years ended December 31, 2014 and 2013, as if our 2014 acquisitions had occurred on January 1, 2013 (in thousands):
|  | Year Ended December 31,
|  | 2014 |  | 2013
FTT Assets: |  |  |  |
Net Sales |  | $ | 854,842 |  |  | $ | 921,017 |
Net income |  | $ | 71,820 |  |  | $ | 34,433 |
Greenville-Mount Pleasant Assets: |  |  |  |
Net Sales |  | $ | 841,943 |  |  | $ | 908,118 |
Net income |  | $ | 70,617 |  |  | $ | 33,230 |
Below are the unaudited pro forma consolidated results of operations of the Partnership for the years ended December 31, 2013 and 2012, as if our 2013 acquisitions had occurred on January 1, 2012 (in thousands):
|  | Year Ended December 31,
|  | 2013 |  | 2012
North Little Rock Terminal: |  |  |  |
Net Sales |  | $ | 908,867 |  |  | 1,024,025 |
Net income |  | $ | 34,958 |  |  | 15,157 |
Hopewell: |  |  |  |
Net Sales |  | $ | 908,382 |  |  | 1,023,540 |
Net income |  | $ | 33,981 |  |  | 14,180 |
Below are the unaudited pro forma consolidated results of the Partnership for the year ended December 31, 2012, as if our 2012 acquisitions had occurred on January 1, 2011 (in thousands):
|  | Year Ended
|  | December 31, 2012
Nettleton and Big Sandy: |  |
Net Sales |  | $ | 1,022,715 |
Net income |  | $ | 13,989 |
The following amounts associated with the El Dorado Terminal and Tank Assets, subsequent to February 10, 2014, are included in the consolidated statements of income and comprehensive income of the Partnership (in thousands):
|  | Year Ended
|  | December 31, 2014
El Dorado Terminal and Tank Assets |  |
Total operating revenues |  | $ | 15,809 |
Net income attributable to the Partnership |  | $ | 10,481 |
Costs associated with the acquisition |  | $ | 186 |
Business Combination, Financial Information [Table Text Block] | Consolidated Balance Sheet as of December 31, 2013
|  | Delek Logistics |  | El Dorado Terminal and Tank Assets |  | Delek Logistics Partners, LP
|  | Partners, LP |  | (El Dorado Predecessor) |  | December 31, 2013
|  |  |  | (In thousands) |  |
ASSETS
Current Assets: |  |  |  |  |  |
Cash and cash equivalents |  | $ | 924 |  |  | $ | — |  |  | $ | 924 |
Accounts receivable |  | 28,976 |  |  | — |  |  | 28,976 |
Inventory |  | 17,512 |  |  | — |  |  | 17,512 |
Deferred tax assets |  | 12 |  |  | — |  |  | 12 |
Other current assets |  | 341 |  |  | — |  |  | 341 |
Total current assets |  | 47,765 |  |  | — |  |  | 47,765 |
Property, plant and equipment: |  |  |  |  |  |
Property, plant and equipment |  | 234,272 |  |  | 29,800 |  |  | 264,072 |
Less: accumulated depreciation |  | (36,306 | ) |  | (3,260 | ) |  | (39,566 | )
Property, plant and equipment, net |  | 197,966 |  |  | 26,540 |  |  | 224,506 |
Goodwill |  | 11,654 |  |  | — |  |  | 11,654 |
Intangible assets, net |  | 12,374 |  |  | — |  |  | 12,374 |
Other non-current assets |  | 5,045 |  |  | — |  |  | 5,045 |
Total assets |  | $ | 274,804 |  |  | $ | 26,540 |  |  | $ | 301,344 |
LIABILITIES AND EQUITY
Current liabilities: |  |  |  |  |  |
Accounts payable |  | $ | 26,045 |  |  | $ | — |  |  | $ | 26,045 |
Accounts payable to related parties |  | 1,513 |  |  | — |  |  | 1,513 |
Excise and other taxes payable |  | 5,700 |  |  | — |  |  | 5,700 |
Accrued expenses and other current liabilities |  | 4,732 |  |  | — |  |  | 4,732 |
Tank inspection liabilities |  | 1,044 |  |  | 675 |  |  | 1,719 |
Total current liabilities |  | 39,034 |  |  | 675 |  |  | 39,709 |
Non-current liabilities: |  |  |  |  |  |
Revolving credit facility |  | 164,800 |  |  | — |  |  | 164,800 |
Asset retirement obligations |  | 2,993 |  |  | 94 |  |  | 3,087 |
Deferred tax liability |  | 324 |  |  | — |  |  | 324 |
Other non-current liabilities |  | 5,612 |  |  | 610 |  |  | 6,222 |
Total non-current liabilities |  | 173,729 |  |  | 704 |  |  | 174,433 |
Equity: |  |  |  |  |  |
Predecessors division equity |  | — |  |  | 25,161 |  |  | 25,161 |
Common unitholders - public (9,353,240 units issued and outstanding) |  | 183,839 |  |  | — |  |  | 183,839 |
Common unitholders - Delek (2,799,258 units issued and outstanding) |  | (176,680 | ) |  | — |  |  | (176,680 | )
Subordinated unitholders - Delek (11,999,258 units issued and outstanding) |  | 59,386 |  |  | — |  |  | 59,386 |
General Partner unitholders - Delek (492,893 units issued and outstanding) |  | (4,504 | ) |  | — |  |  | (4,504 | )
Total equity |  | 62,041 |  |  | 25,161 |  |  | 87,202 |
Total liabilities and equity |  | $ | 274,804 |  |  | $ | 26,540 |  |  | $ | 301,344 |
Consolidated Statements of Income
|  | Delek Logistics Partners, LP |  | El Dorado Terminal and Tank Assets |  | Year Ended December 31, 2014
(In thousands) |  |  |  | (El Dorado Predecessor) |  |
Net Sales |  | $ | 841,253 |  |  | $ | — |  |  | $ | 841,253 |
Operating costs and expenses: |  |  |  |  |  |
Cost of goods sold |  | 697,221 |  |  | — |  |  | 697,221 |
Operating expenses |  | 38,003 |  |  | 783 |  |  | 38,786 |
General and administrative expenses |  | 10,570 |  |  | 46 |  |  | 10,616 |
Depreciation and amortization |  | 14,591 |  |  | 114 |  |  | 14,705 |
Loss on asset disposals |  | 83 |  |  | — |  |  | 83 |
Total operating costs and expenses |  | 760,468 |  |  | 943 |  |  | 761,411 |
Operating income (loss) |  | 80,785 |  |  | (943 | ) |  | 79,842 |
Interest expense, net |  | 8,656 |  |  | — |  |  | 8,656 |
Net income (loss) before income tax expense |  | 72,129 |  |  | (943 | ) |  | 71,186 |
Income tax expense |  | 132 |  |  | — |  |  | 132 |
Net income (loss) |  | 71,997 |  |  | (943 | ) |  | 71,054 |
Less: loss attributable to Predecessors |  | — |  |  | (943 | ) |  | (943 | )
Net income attributable to partners |  | $ | 71,997 |  |  | $ | — |  |  | $ | 71,997 |
|  | Delek Logistics Partners, LP |  | El Dorado Terminal and Tank Assets |  | Tyler Terminal and Tank Assets |  | Year Ended December 31, 2013
(In thousands) |  |  |  | (El Dorado Predecessor) |  | (Tyler Predecessor) |  |
Net Sales |  | $ | 907,428 |  |  | $ | — |  |  | $ | — |  |  | $ | 907,428 |
Operating costs and expenses: |  |  |  |  |  |  |  |
Cost of goods sold |  | 811,364 |  |  | — |  |  | — |  |  | 811,364 |
Operating expenses |  | 25,801 |  |  | 5,338 |  |  | 4,501 |  |  | 35,640 |
General and administrative expenses |  | 6,254 |  |  | 670 |  |  | 602 |  |  | 7,526 |
Depreciation and amortization |  | 10,686 |  |  | 1,302 |  |  | 1,750 |  |  | 13,738 |
Loss on asset disposals |  | 166 |  |  | — |  |  | — |  |  | 166 |
Total operating costs and expenses |  | 854,271 |  |  | 7,310 |  |  | 6,853 |  |  | 868,434 |
Operating income (loss) |  | 53,157 |  |  | (7,310 | ) |  | (6,853 | ) |  | 38,994 |
Interest expense, net |  | 4,570 |  |  | — |  |  | — |  |  | 4,570 |
Net income (loss) before income tax expense |  | 48,587 |  |  | (7,310 | ) |  | (6,853 | ) |  | 34,424 |
Income tax expense |  | 757 |  |  | — |  |  | — |  |  | 757 |
Net income (loss) |  | 47,830 |  |  | (7,310 | ) |  | (6,853 | ) |  | 33,667 |
Less: loss attributable to Predecessors |  | — |  |  | (7,310 | ) |  | (6,853 | ) |  | (14,163 | )
Net income attributable to partners |  | $ | 47,830 |  |  | $ | — |  |  | $ | — |  |  | $ | 47,830 |
|  | Delek Logistics Partners, LP |  | El Dorado Terminal and Tank Assets |  | Tyler Terminal and Tank Assets |  | Year Ended December 31, 2012
(In thousands) |  |  |  | (El Dorado Predecessor) |  | (Tyler Predecessor) |  | (Predecessors)
Net Sales |  | $ | 1,022,586 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,022,586 |
Operating costs and expenses: |  |  |  |  |  |  |  |
Cost of goods sold |  | 959,434 |  |  | — |  |  | — |  |  | 959,434 |
Operating expenses |  | 23,362 |  |  | 9,023 |  |  | 7,035 |  |  | 39,420 |
General and administrative expenses |  | 8,389 |  |  | 706 |  |  | 761 |  |  | 9,856 |
Depreciation and amortization |  | 8,675 |  |  | 1,223 |  |  | 1,445 |  |  | 11,343 |
Gain on disposal of assets |  | 9 |  |  | — |  |  | — |  |  | 9 |
Total operating costs and expenses |  | 999,869 |  |  | 10,952 |  |  | 9,241 |  |  | 1,020,062 |
Operating income (loss) |  | 22,717 |  |  | (10,952 | ) |  | (9,241 | ) |  | 2,524 |
Interest expense, net |  | 2,682 |  |  | — |  |  | — |  |  | 2,682 |
Income (loss) before income tax expense |  | 20,035 |  |  | (10,952 | ) |  | (9,241 | ) |  | (158 | )
Income tax benefit |  | (14,024 | ) |  | — |  |  | — |  |  | (14,024 | )
Net income (loss) |  | 34,059 |  |  | (10,952 | ) |  | (9,241 | ) |  | 13,866 |
Less: income (loss) attributable to Predecessors |  | 25,649 |  |  | (10,952 | ) |  | (9,241 | ) |  | 5,456 |
Net income attributable to partners |  | $ | 8,410 |  |  | $ | — |  |  | $ | — |  |  | $ | 8,410 |

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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 + Details
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