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Equity Method Investments (Tables)
3 Months Ended
Mar. 31, 2022
Equity Method Investments and Joint Ventures [Abstract]  
Summary of Financial Information for Equity Method Investees
Summarized unaudited financial information for Red River on a 100% basis is shown below (in thousands):
March 31, 2022December 31, 2021
Current Assets$28,830 $28,735 
Non-current Assets$401,283 $403,692 
Current liabilities$6,637 $10,040 
Three Months Ended March 31,
20222021
Revenues$22,686 $9,043 
Gross profit$15,601 $3,625 
Operating income$15,419 $3,439 
Net income$15,396 $3,439 
Combined summarized unaudited financial information for these two equity method investees on a 100% basis is shown below (in thousands):
March 31, 2022December 31, 2021
Current assets$17,382 $15,010 
Non-current assets$239,755 $242,599 
Current liabilities$2,916 $1,492 
Three Months Ended March 31,
20222021
Revenues$8,895 $9,626 
Gross profit$4,238 $4,966 
Operating income$3,568 $4,478 
Net Income$3,569 $4,179 
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):
March 31, 2022December 31, 2021
Red River$144,567 $144,041 
CP LLC$61,926 $61,670 
Andeavor Logistics$43,400 $44,319