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Segment Data (Tables)

12 Months Ended

Dec. 31, 2018

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

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

		Year Ended December 31,
		2018				2017				2016
Pipelines and Transportation
Net revenues:
Affiliate		138,418				$	109,298			103,749
Third party		15,149				12,431				18,423
Total pipelines and transportation		153,567				121,729				122,172
Cost of materials and other		19,878				18,210				19,425
Operating expenses (excluding depreciation and amortization)		39,934				33,240				29,235
Segment contribution margin		$	93,755			$	70,279			$	73,512
Capital spending (1)		$	6,840			$	14,262			$	8,478
Wholesale Marketing and Terminalling
Net revenues:
Affiliate (2)		102,391				46,982				45,815
Third party		401,651				369,364				280,072
Total wholesale marketing and terminalling		504,042				416,346				325,887
Cost of materials and other		409,183				354,680				282,733
Operating expenses (excluding depreciation and amortization)		18,810				10,034				7,963
Segment contribution margin		$	76,049			$	51,632			$	35,191
Capital spending (1)		$	4,725			$	4,141			$	3,289
Consolidated
Net revenues:
Affiliate		$	240,809			$	156,280			$	149,564
Third party		416,800				381,795				298,495
Total Consolidated		657,609				538,075				448,059
Cost of materials and other		429,061				372,890				302,158
Operating expenses (excluding depreciation and amortization presented below)		58,744				43,274				37,198
Contribution margin		169,804				121,911				108,703
General and administrative expenses		17,166				11,840				10,256
Depreciation and amortization		25,990				21,914				20,813
Loss (gain) on asset disposals		891				(20		)		(16		)
Operating income		$	125,757			$	88,177			$	77,650
Capital spending (1)		$	11,565			$	18,403			$	11,767

⁽¹⁾ Capital spending excludes transaction costs capitalized in the amount of $0.4 million that relate to the Big Spring Logistic Assets Acquisition for the year ended December 31, 2018.

⁽²⁾ Affiliate revenue for the wholesale marketing and terminalling segment is presented net of amortization expense pertaining to the Marketing Contract Intangible Acquisition. See Note 3 for additional information.

The following table summarizes the total assets for each segment as of December 31, 2018 and 2017 (in thousands).

		Year Ended December 31,
		2018				2017
Pipelines and transportation		$	387,333			$	349,351
Wholesale marketing and terminalling		237,260				94,179
Total assets		$	624,593			$	443,530

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- 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.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
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Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
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-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
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Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599

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