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Segment Data (Tables)
9 Months Ended
Sep. 30, 2022
Segment Reporting [Abstract]  
Summary Segment Data The following is a summary of business segment operating performance as measured by contribution margin, with the exception of investments in pipeline joint ventures segment, which is measured based on equity method income (loss), for the periods indicated (in thousands):
(in thousands)Three Months Ended September 30,Nine Months Ended September 30,
2022202120222021
Pipelines and Transportation
Net revenues:
Affiliate$79,395 $70,879 $225,711 $199,591 
Third party5,883 5,323 15,978 12,021 
Total pipelines and transportation 85,278 76,202 241,689 211,612 
Cost of materials and other20,004 15,170 58,272 42,595 
Operating expenses (excluding depreciation and amortization presented below)11,292 13,680 37,789 34,710 
Segment contribution margin$53,982 $47,352 $145,628 $134,307 
Depreciation and amortization $7,847 $8,056 $23,668 $24,918 
Capital spending$21,151 $2,570 $50,793 $9,946 
Wholesale Marketing and Terminalling
Net revenues:
Affiliate$45,162 $52,640 $144,004 $108,844 
Third party102,703 60,785 300,177 190,562 
Total wholesale marketing and terminalling147,865 113,425 444,181 299,406 
Cost of materials and other122,614 89,959 373,126 232,400 
Operating expenses (excluding depreciation and amortization presented below)6,952 3,908 17,397 13,317 
Segment contribution margin$18,299 $19,558 $53,658 $53,689 
Depreciation and amortization $2,640 $2,100 $7,641 $5,944 
Capital spending$278 $1,566 $1,337 $4,580 
3 Bear Operations
Net revenues:
Affiliate$2,593 $— $5,555 $— 
Third party58,289 — 75,931 — 
Total 3 Bear60,882 — 81,486 — 
Cost of materials and other35,122 — 48,897 — 
Operating expenses (excluding depreciation and amortization presented below)7,657 — 9,811 — 
Segment contribution margin$18,103 $— $22,778 $— 
Depreciation and amortization$9,053 $— $11,988 $— 
Capital spending$10,531 $— $15,642 $— 
Investments in Pipeline Joint Ventures
Income from equity method investments$8,567 $7,261 $22,666 $17,952 
Equity method investments contributions$— $— $— $(1,393)
Consolidated
Net revenues:
Affiliate$127,150 $123,519 $375,270 $308,435 
Third party166,875 66,108 392,086 202,583 
Total Consolidated294,025 189,627 767,356 511,018 
Cost of materials and other177,740 105,129 480,295 274,995 
Operating expenses (excluding depreciation and amortization presented below)25,901 17,588 64,997 48,027 
Contribution margin90,384 66,910 222,064 187,996 
General and administrative expenses11,959 5,898 30,826 15,933 
Depreciation and amortization19,540 10,156 43,297 30,862 
Other operating (income) expense, net(132)273 (120)54 
Operating income$59,017 $50,583 $148,061 $141,147 
Capital spending and capital contributions to equity method investments$31,960 $4,136 $67,772 $14,526 
Assets by segment are not a measure used to assess the performance of the company by the chief operating decision maker and thus are not disclosed.
Property, plant and equipment, accumulated depreciation and depreciation expense for the Partnership's reportable segments, excluding the investment in pipeline joint ventures segment, as of and for the three and nine months ended September 30, 2022 were as follows (in thousands):
Pipelines and TransportationWholesale Marketing and Terminalling3 Bear OperationsConsolidated
Property, plant and equipment$657,788 $122,096 $398,450 $1,178,334 
Less: accumulated depreciation(229,206)(67,817)(5,711)(302,734)
Property, plant and equipment, net$428,582 $54,279 $392,739 $875,600 
Depreciation expense for the three months ended September 30, 2022$7,847 $2,640 $4,284 $14,771 
Depreciation expense for the nine months ended September 30, 2022$23,668 $7,641 $6,277 $37,586