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Property, Plant and Equipment (Tables)
12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
Schedule of Property, Plant and Equipment
Depreciation is computed using the straight-line method over management’s estimated useful lives of the related assets. The estimated useful lives are as follows:
Years
Buildings and building improvements
15-40
Pipelines, tanks and terminals
10-40
Asset retirement obligation assets
15-50
Other equipment
3-15
Property, plant and equipment, at cost, consist of the following (in thousands):
December 31,
20232022
Land$17,367 $17,367 
Building and building improvements5,072 5,072 
Pipelines, tanks and terminals1,228,676 1,103,857 
Asset retirement obligation assets2,073 2,073 
Other equipment27,604 30,849 
Construction in process39,718 81,466 
Property, plant and equipment1,320,510 1,240,684 
Less: accumulated depreciation(384,359)(316,680)
Property, plant and equipment, net$936,151 $924,004