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Revenues (Tables)

6 Months Ended

Jun. 30, 2019

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

The following table represents a disaggregation of revenue for each reportable segment for the periods indicated (in thousands):

		Three Months Ended June 30, 2019
		Pipelines and Transportation				Wholesale Marketing and Terminalling				Consolidated
Service Revenue - Third Party		$	7,477			$	184			$	7,661
Product Revenue - Third Party		—				85,763				85,763
Product Revenue - Affiliate		—				7,187				7,187
Lease Revenue - Affiliate (1) (2)		36,731				18,000				54,731
Total Revenue		$	44,208			$	111,134			$	155,342

⁽¹⁾ Disaggregated revenue for the three months ended June 30, 2019 may not be comparable to disaggregated revenue for the three months ended June 30, 2018 as a result of our adoption of ASC 842, under which we applied the predominance principle and opted to not separate lease and non-lease components.

⁽²⁾ Net of $1.8 million of amortization expense for the three months ended June 30, 2019, related to a customer contract intangible asset recorded in the wholesale marketing and terminalling segment.

		Three Months Ended June 30, 2018
		Pipelines and Transportation				Wholesale Marketing and Terminalling				Consolidated
Service Revenue - Third Party		$	3,714			$	493			$	4,207
Service Revenue - Affiliate		23,160				14,581				37,741
Product Revenue - Third Party		—				108,993				108,993
Product Revenue - Affiliate		—				794				794
Lease Revenue - Affiliate (1)		10,870				3,675				14,545
Total Revenue		$	37,744			$	128,536			$	166,280

⁽¹⁾ Net of $1.8 million of amortization expense for the three months ended June 30, 2018, related to a customer contract intangible asset recorded in the wholesale marketing and terminalling segment.

		Six Months Ended June 30, 2019
		Pipelines and Transportation				Wholesale Marketing and Terminalling				Consolidated
Service Revenue - Third Party		$	11,451			$	304			$	11,755
Product Revenue - Third Party		—				171,187				171,187
Product Revenue - Affiliate		—				16,573				16,573
Lease Revenue - Affiliate (1) (2)		73,390				34,920				108,310
Total Revenue		$	84,841			$	222,984			$	307,825

⁽¹⁾ Disaggregated revenue for the six months ended June 30, 2019 may not be comparable to disaggregated revenue for the six months ended June 30, 2018 as a result of our adoption of ASC 842, under which we applied the predominance principle and opted to not separate lease and non-lease components.

⁽²⁾ Net of $3.6 million of amortization expense for the six months ended June 30, 2019, respectively, related to a customer contract intangible asset recorded in the wholesale marketing and terminalling segment.

Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction

As of June 30, 2019, we expect to recognize $1.1 billion in service and lease revenues related to our unfulfilled performance obligations pertaining to the minimum volume commitments and capacity utilization under the non-cancelable terms of our commercial agreements with Delek Holdings. Most of these agreements have an initial term ranging from five to ten years, which may be extended for various renewal terms. We disclose information about remaining performance obligations that have original expected durations of greater than one year.

Our unfulfilled performance obligations as of June 30, 2019 were as follows (in thousands):

Remainder of 2019		$	87,325
2020		174,284
2021		174,023
2022		172,872
2023 and thereafter		491,927
Total expected revenue on remaining performance obligations		$	1,100,431

X

- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=109196051&loc=SL49130545-203045

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X

- Definition

Tabular disclosure of expected timing for satisfying remaining performance obligation.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (b)(1)
-URI http://asc.fasb.org/extlink&oid=109196051&loc=SL49130556-203045

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