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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:      
Net income $ 142,685 $ 126,236 $ 159,052
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 96,375 92,384 62,988
Non-cash lease expense 8,112 9,549 16,254
Amortization of marketing contract intangible 4,206 7,211 7,211
Amortization of deferred revenue (3,038) (1,755) (1,775)
Amortization of deferred financing costs and debt discount 5,230 6,327 3,872
Impairment of goodwill 0 14,848 0
Income from equity method investments (43,301) (31,433) (31,683)
Dividends from equity method investments 42,922 28,729 22,954
Loss on extinguishment of debt 3,571 0
Other non-cash adjustments (1,654) 2,697 2,718
Changes in assets and liabilities:      
Accounts receivable (6,950) 21,570 (9,071)
Inventories and other current assets (620) (131) 2,233
Accounts payable and other current liabilities 8,535 (20,729) 18,564
Accounts receivable/payable to related parties (62,473) (34,498) (58,368)
Net investment in leases - affiliate 11,927 0 0
Non-current assets and liabilities, net 812 4,314 (2,781)
Net cash provided by operating activities 206,339 225,319 192,168
Cash flows from investing activities:      
Asset acquisitions from Delek Holdings (83,903) 0 0
Purchases of property, plant and equipment (129,040) (96,101) (141,098)
Proceeds from sales of property, plant and equipment 9,875 1,717 143
Purchases of intangible assets (2,753) (4,247) (5,597)
Business combinations (182,535) 0 (625,622)
Distributions from equity method investments 4,277 9,002 1,737
Equity method investment contributions (500) 0 0
Net cash used in investing activities (384,579) (89,629) (770,437)
Cash flows from financing activities:      
Distributions to common unitholders - public (57,078) (38,491) (35,868)
Distributions to common unitholders - Delek Holdings (147,615) (141,534) (135,219)
Proceeds from term debt 1,059,000 0 298,511
Payments on term debt (531,250) (18,750) 0
Proceeds from revolving facility 1,328,100 431,800 1,752,300
Payments on revolving facility (1,673,200) (371,800) (1,289,800)
Redemption of preferred units (70,768) 0 0
Proceeds from issuance of common units, net of underwriters' discount 297,855 0 3,096
Proceeds from other financing agreements 0 6,214 0
Payments on other financing agreements (6,214) 0 0
Deferred financing costs paid (18,122) (4,468) (8,206)
Other financing activities (839) (2,876) (2,867)
Net cash provided by (used in) financing activities 179,869 (139,905) 581,947
Net increase (decrease) in cash and cash equivalents 1,629 (4,215) 3,678
Cash and cash equivalents at the beginning of the period 3,755 7,970 4,292
Cash and cash equivalents at the end of the period 5,384 3,755 7,970
Cash paid during the period for:      
Interest 117,299 136,420 78,148
Income taxes 0 20 43
Non-cash investing activities:      
Equity attributable to W2W Holdings Acquisition (62,783) 0 0
Forgiveness of related party receivable in connection with W2W Holdings Acquisition 60,000 0 0
Redemption of units in connection with the assignment of Big Spring Refinery Marketing Agreement (97,949) 0 0
Preferred units issued in connection with H2O Acquisition 70,000 0 0
Increase (decrease) in accrued capital expenditures 10,946 (14,765) (10,428)
Non-cash financing activities:      
Non-cash lease liability arising from obtaining right of use assets during the period $ 3,665 $ 4,966 $ 12,717