XML 53 R38.htm IDEA: XBRL DOCUMENT
v3.22.2.2

Equity Method Investments (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2021
Equity Method Investments and Joint Ventures [Abstract] |
Equity Method Investments | Summarized financial information for Red River on a 100% basis is shown below (in thousands):
| Year Ended |  | Year Ended
| December 31, 2021 |  | December 31, 2020
Current Assets | $ | 28,735 |  |  | $ | 13,488 |
Non-current Assets | $ | 403,692 |  |  | $ | 413,259 |
Current liabilities | $ | 10,040 |  |  | $ | 7,789 |
| Year Ended |  | Year Ended | For the period
| December 31, 2021 |  | December 31, 2020 | April 24, 2019 - December 31, 2019
Revenues | $ | 68,057 |  |  | $ | 51,001 |  | $ | 38,352 |
Gross profit | $ | 41,121 |  |  | $ | 31,103 |  | $ | 25,919 |
Operating income | $ | 40,436 |  |  | $ | 30,382 |  | $ | 25,497 |
Net income | $ | 40,390 |  |  | $ | 30,404 |  | $ | 25,548 |
Combined summarized financial information for these two equity method investees on a 100% basis is shown below (in thousands):
| Year Ended |  | Year Ended
| December 31, 2021 |  | December 31, 2020
Current assets | $ | 15,010 |  |  | $ | 20,763 |
Non-current assets | $ | 242,599 |  |  | $ | 253,862 |
Current liabilities | $ | 1,492 |  |  | $ | 1,496 |
| Year Ended |  | Year Ended |  | Year Ended
| December 31, 2021 |  | December 31, 2020 |  | December 31, 2019
Revenues | $ | 46,335 |  |  | $ | 55,482 |  |  | $ | 48,703 |
Gross profit | $ | 26,688 |  |  | $ | 36,904 |  |  | $ | 30,473 |
Operating income | $ | 24,587 |  |  | $ | 34,951 |  |  | $ | 28,503 |
Net Income | $ | 24,589 |  |  | $ | 34,977 |  |  | $ | 28,601 |
The Partnership's investments in these three entities were financed through a combination of cash from operations and borrowings under the DKL Credit Facility. The Partnership's investment balances in these joint ventures were as follows (in thousands):
|  | Year Ended |  | Year Ended
|  | December 31, 2021 |  | December 31, 2020
Red River |  | 144,041 |  |  | 141,803 |
CP LLC |  | 61,670 |  |  | 62,771 |
Andeavor Logistics |  | 44,319 |  |  | 49,101 |

X
- References No definition available. + Details
Name: | us-gaap_EquityMethodInvestmentsAndJointVenturesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571 + Details
Name: | us-gaap_EquityMethodInvestmentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration