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Segment Data (Tables)

12 Months Ended

Dec. 31, 2022

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

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

						Year Ended December 31, 2022
(In thousands)						Gathering and Processing						Wholesale Marketing and Terminalling						Storage and Transportation						Investments in Pipeline Joint Ventures						Corporate and Other						Consolidated
Net revenues:
Affiliate (1)						$	185,845					$	173,084					$	120,482					$	—					$	—					$	479,411
Third party						119,582						415,800						21,614						—						—						556,996
Total revenue						$	305,427					$	588,884					$	142,096					$	—					$	—					$	1,036,407
Segment EBITDA						$	175,250					$	83,098					$	56,269					$	31,683					$	(34,363)					$	311,937
Depreciation and amortization						47,206						6,308						8,591												883						62,988
Amortization of customer contract intangible						—						7,211						—						—						—						7,211
Interest expense, net						—						—						—						—						82,304						82,304
Income tax expense																																				382
Net income																																				$	159,052
Capital spending (2) (3)						$	122,594					$	1,548					$	6,528					$	—					$	—					$	130,670

						Year Ended December 31, 2021
(In thousands)						Gathering and Processing						Wholesale Marketing and Terminalling						Storage and Transportation						Investments in Pipeline Joint Ventures						Corporate and Other						Consolidated
Net revenues:
Affiliate (1)						$	157,182					$	147,793					$	113,851					$	—					$	—					$	418,826
Third party						4,670						265,464						11,942						—						—						282,076
Total revenue						$	161,852					$	413,257					$	125,793					$	—					$	—					$	700,902
Segment EBITDA						$	126,818					$	79,597					$	56,929					$	24,575					$	(22,742)					$	265,177
Depreciation and amortization						22,394						5,547						8,588						—						6,241						42,770
Amortization of customer contract intangible						—						7,211						—						—						—						7,211
Interest expense, net						—						—						—						—						50,221						50,221
Income tax expense																																				153
Net income																																				$	164,822
Capital spending (2) (3)						$	22,262					$	3,622					$	1,567					$	—					$	—					$	27,451

						Year ended December 31, 2020
(In thousands)						Gathering and Processing						Wholesale Marketing and Terminalling						Storage and Transportation						Investments in Pipeline Joint Ventures						Corporate and Other						Consolidated
Net revenues:
Affiliate (1)						$	139,253					$	149,735					$	93,678					$	—					$	—					$	382,666
Third party						1,035						163,156						16,561						—						—						180,752
Total revenue						$	140,288					$	312,891					$	110,239					$	—					$	—					$	563,418
Segment EBITDA						$	108,752					$	79,602					$	51,704					$	22,693					$	(17,456)					$	245,295
Depreciation and amortization						18,415						5,520						9,205						—						2,591						35,731
Amortization of customer contract intangible						—						7,211						—						—						—						7,211
Interest expense, net						—						—						—						—						42,874						42,874
Income tax expense																																				223
Net income																																				$	159,256
Capital spending (2) (3)						$	5,384					$	5,962					$	4,087					$	—					$	16					$	15,449

(1) 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.

(2) Capital spending for the year ended December 31, 2020, excludes transaction costs capitalized in the amount of $0.3 million that relate to the Trucking Assets Acquisition and $0.7 million that relate to the Midland Gathering Assets Acquisition.

(3) Capital spending for the years ended December 31, 2021 and 2020 excludes contributions to equity method investments amounting to $1.4 million and $12.2 million, respectively. There were no contributions made during the year ended December 31, 2022.

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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 https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599

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- References

No definition available.

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