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Equity Method Investments (Tables)
12 Months Ended
Dec. 31, 2022
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):
As of December 31, 2022As of December 31, 2021
Current Assets$33,365 $28,735 
Non-current Assets$394,267 $403,692 
Current liabilities$5,144 $10,040 
Years Ended December 31,
202220212020
Revenues$95,525 $68,057 $51,001 
Gross profit$62,726 $41,121 $31,103 
Operating income$61,975 $40,436 $30,382 
Net income$62,113 $40,390 $30,404 
Combined summarized financial information for these two equity method investees on a 100% basis is shown below (in thousands):
As of December 31, 2022As of December 31, 2021
Current assets$18,888 $15,010 
Non-current assets$231,898 $242,599 
Current liabilities$1,973 $1,492 

Years Ended December 31,
202220212020
Revenues$45,109 $46,335 $55,482 
Gross profit$25,849 $26,688 $36,904 
Operating income$23,121 $24,587 $34,951 
Net Income$23,198 $24,589 $34,977 
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):
As of December 31, 2022As of December 31, 2021
Red River$149,635 $144,041 
CP LLC64,056 61,670 
Andeavor Logistics43,331 44,319 
Total Equity Method Investments$257,022 $250,030