Segment Data (Tables)

3 Months Ended

Mar. 31, 2015

Segment Reporting Information [Line Items]

Schedule of Segment Reporting Information, by Segment [Table Text Block]

The following is a summary of business segment operating performance as measured by contribution margin for the periods indicated (in thousands):



	Three Months Ended
	March 31,
	2015		2014
Pipelines and Transportation
Net Sales:
Affiliate	$	23,985	$	17,501
Third-Party	7,017		2,767
Total Pipelines and Transportation	31,002		20,268
Operating costs and expenses:
Cost of goods sold	4,813		1,126
Operating expenses ^{(1) (2)}	6,918		7,176
Segment contribution margin	$	19,271	$	11,966
Capital spending (excluding business combinations)^{(1) (2)}	$	4,553	$	2,288

Wholesale Marketing and Terminalling
Net Sales:
Affiliate	$	8,295	$	7,781
Third-Party	104,215		175,478
Total Wholesale Marketing and Terminalling	112,510		183,259
Operating costs and expenses:
Cost of goods sold	103,594		171,083
Operating expenses	3,859		2,320
Segment contribution margin	$	5,057	$	9,856
Capital spending (excluding business combinations)	$	3,020	$	28

Consolidated
Net Sales:
Affiliate	$	32,280	$	25,282
Third-Party	111,232		178,245
Net sales	143,512		203,527
Operating costs and expenses:
Cost of goods sold	108,407		172,209
Operating expenses ^{(1) (2)}	10,777		9,496
Contribution margin	24,328		21,822
General and administrative expenses	3,409		2,663
Depreciation and amortization	4,500		3,477
Loss on asset disposals	5		—
Operating income	$	16,414	$	15,682
Capital spending (excluding business combinations)^{(1) (2)}	$	7,573	$	2,316

⁽¹⁾Includes operating expenses and capital spending expenditures incurred in connection with the El Dorado Offloading Racks Acquisition and the Tyler Crude Tank Acquisition for the three months ended March 31, 2015.

⁽²⁾Adjusted to include operating expenses and capital spending expenditures incurred in connection with the assets acquired in the El Dorado Offloading Racks Acquisition and the Tyler Crude Tank Acquisition for the three months ended March 31, 2014.

The following table summarizes the total assets for each segment as of March 31, 2015 and December 31, 2014 (in thousands).



	March 31, 2015		December 31, 2014
Pipelines and Transportation	$	287,104	$	230,572
Wholesale Marketing and Terminalling	45,452		100,993
Total Assets	$	332,556	$	331,565

Property, plant and equipment, accumulated depreciation and depreciation expense by reporting segment as of and for the three months ended March 31, 2015 were as follows (in thousands):



	Pipelines and Transportation			Wholesale Marketing and Terminalling			Consolidated
Property, plant and equipment	$	291,225		$	19,990		$	311,215
Less: accumulated depreciation	(47,235		)	(10,312		)	(57,547		)
Property, plant and equipment, net	$	243,990		$	9,678		$	253,668
Depreciation expense for the three months ended March 31, 2015	$	3,476		$	759		$	4,235

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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