Segment Data (Tables)

6 Months Ended

Jun. 30, 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					Six Months Ended
	June 30,					June 30,
	2015			2014		2015			2014
Pipelines and Transportation
Net Sales:
Affiliate	$	26,093		$	20,245	$	50,078		$	37,746
Third-Party	7,641			2,821		14,658			5,588
Total Pipelines and Transportation	33,734			23,066		64,736			43,334
Operating costs and expenses:
Cost of goods sold	5,102			1,130		9,915			2,256
Operating expenses ^{(1) (2)}	7,745			8,308		14,663			15,484
Segment contribution margin	$	20,887		$	13,628	$	40,158		$	25,594
Capital spending (excluding business combinations)^{(1) (2)}	$	3,057		$	1,128	$	7,610		$	3,416

Wholesale Marketing and Terminalling
Net Sales:
Affiliate	$	13,778		$	8,648	$	22,073		$	16,429
Third-Party	124,622			204,629		228,837			380,107
Total Wholesale Marketing and Terminalling	138,400			213,277		250,910			396,536
Operating costs and expenses:
Cost of goods sold	127,392			195,444		230,986			366,527
Operating expenses	3,053			1,411		6,912			3,731
Segment contribution margin	$	7,955		$	16,422	$	13,012		$	26,278
Capital spending (excluding business combinations)	$	2,905		$	756	$	5,925		$	784

Consolidated
Net Sales:
Affiliate	$	39,871		$	28,893	$	72,151		$	54,175
Third-Party	132,263			207,450		243,495			385,695
Net sales	172,134			236,343		315,646			439,870
Operating costs and expenses:
Cost of goods sold	132,494			196,574		240,901			368,783
Operating expenses ^{(1) (2)}	10,798			9,719		21,575			19,215
Contribution margin	28,842			30,050		53,170			51,872
General and administrative expenses	2,982			2,242		6,391			4,905
Depreciation and amortization	4,744			3,623		9,244			7,100
(Gain) loss on asset disposals	(23		)	74		(18		)	74
Operating income	$	21,139		$	24,111	$	37,553		$	39,793
Capital spending (excluding business combinations)^{(1) (2)}	$	5,962		$	1,884	$	13,535		$	4,200

⁽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 six months ended June 30, 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 six months ended June 30, 2014.

The following table summarizes the total assets for each segment as of June 30, 2015 and December 31, 2014 (in thousands).



	June 30, 2015		December 31, 2014
Pipelines and Transportation	$	285,733	$	230,293
Wholesale Marketing and Terminalling	66,263		100,993
Total Assets	$	351,996	$	331,286

Property, plant and equipment and accumulated depreciation as of June 30, 2015 and depreciation expense by reporting segment as of and for the three and six months ended June 30, 2015 were as follows (in thousands):



	Pipelines and Transportation			Wholesale Marketing and Terminalling			Consolidated
Property, plant and equipment	$	291,375		$	25,833		$	317,208
Less: accumulated depreciation	(50,017		)	(11,948		)	(61,965		)
Property, plant and equipment, net	$	241,358		$	13,885		$	255,243
Depreciation expense for the three months ended June 30, 2015	$	3,447		$	1,031		$	4,478
Depreciation expense for the six months ended June 30, 2015	$	6,923		$	1,789		$	8,712