XML 117 R15.htm IDEA: XBRL DOCUMENT
v2.4.1.9

Intangible Assets, Goodwill And Other Assets | 12 Months Ended
--- | ---
Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract] |
Intangible Assets, Goodwill And Other Assets | 9. Intangible Assets, Goodwill and Other Assets Intangible Assets The following table reflects the components of intangible assets being amortized at December 31, 2014 and 2013:
|  |  | December 31, 2014 |  | December 31, 2013
| Weighted Amortization Period in Years |  | Gross Carrying Amount |  | Accumulated Amortization |  | Carrying Value |  | Gross Carrying Amount |  | Accumulated Amortization |  | Carrying Value
Refinery Services: |  |  |  |  |  |  |  |  |  |  |  |  |
Customer relationships | 5 |  | $ | 94,654 |  |  | $ | 81,880 |  |  | $ | 12,774 |  |  | $ | 94,654 |  |  | $ | 76,283 |  |  | $ | 18,371 |
Licensing agreements | 6 |  | 38,678 |  |  | 28,983 |  |  | 9,695 |  |  | 38,678 |  |  | 26,055 |  |  | 12,623 |
Segment total |  |  | 133,332 |  |  | 110,863 |  |  | 22,469 |  |  | 133,332 |  |  | 102,338 |  |  | 30,994 |
Supply & Logistics: |  |  |  |  |  |  |  |  |  |  |  |  |
Customer relationships | 5 |  | 35,430 |  |  | 30,228 |  |  | 5,202 |  |  | 35,430 |  |  | 28,568 |  |  | 6,862 |
Intangibles associated with lease | 15 |  | 13,260 |  |  | 3,512 |  |  | 9,748 |  |  | 13,260 |  |  | 3,039 |  |  | 10,221 |
Segment total |  |  | 48,690 |  |  | 33,740 |  |  | 14,950 |  |  | 48,690 |  |  | 31,607 |  |  | 17,083 |
Marine contract intangibles | 5 |  | 32,000 |  |  | 833 |  |  | 31,167 |  |  | — |  |  | — |  |  | — |
Other | 5 |  | 22,797 |  |  | 8,452 |  |  | 14,345 |  |  | 21,356 |  |  | 6,505 |  |  | 14,851 |
Total |  |  | $ | 236,819 |  |  | $ | 153,888 |  |  | $ | 82,931 |  |  | $ | 203,378 |  |  | $ | 140,450 |  |  | $ | 62,928 |
The licensing agreements referred to in the table above relate to the agreements we have with refiners to provide services. The supply and logistics lease relates to a terminal facility in Shreveport, Louisiana. The marine contract intangibles relate to the contracts we assumed in the purchase of the M/T American Phoenix in November 2014. We are recording amortization of our intangible assets based on the period over which the asset is expected to contribute to our future cash flows. Generally, the contribution to our cash flows of the customer and supplier relationships, licensing agreements and trade name intangible assets is expected to decline over time, such that greater value is attributable to the periods shortly after the acquisition was made. The supply and logistics lease, marine contract, and other intangible assets are being amortized on a straight-line basis. Amortization expense on intangible assets was $13.4 million, $14.6 million and $19.9 million for the years ended December 31, 2014, 2013 and 2012, respectively. The following table reflects our estimated amortization expense for each of the five subsequent fiscal years:
| 2015 |  | 2016 |  | 2017 |  | 2018 |  | 2019
Refinery Services: |  |  |  |  |  |  |  |  |
Customer relationships | $ | 4,405 |  |  | $ | 3,471 |  |  | $ | 2,737 |  |  | $ | 2,161 |  |  | $ | — |
Licensing agreements | 2,711 |  |  | 2,510 |  |  | 2,324 |  |  | 2,150 |  |  | — |
Supply and Logistics: |  |  |  |  |  |  |  |  |
Customer relationships | 1,275 |  |  | 981 |  |  | 757 |  |  | 586 |  |  | 454 |
Intangibles associated with lease | 474 |  |  | 474 |  |  | 474 |  |  | 474 |  |  | 474 |
Marine contract intangibles | 6,417 |  |  | 5,400 |  |  | 5,400 |  |  | 5,400 |  |  | 5,400 |
Other | 2,057 |  |  | 2,025 |  |  | 2,006 |  |  | 2,006 |  |  | 2,006 |
Total | $ | 17,339 |  |  | $ | 14,861 |  |  | $ | 13,698 |  |  | $ | 12,777 |  |  | $ | 8,334 |
Goodwill The carrying amount of goodwill by business segment at both December 31, 2014 and 2013 was $301.9 million in refinery services and $23.1 million in supply and logistics. We have not recognized any impairment losses related to goodwill for any of the periods presented. Other Assets Other assets consisted of the following:
| December 31,
| 2014 |  | 2013
CO 2 volumetric production payments, net of amortization | $ | 9,395 |  |  | $ | 4,421 |
Deferred marine charges (1) | 13,042 |  |  | 2,829 |
Other deferred costs and deposits | 38,854 |  |  | 30,861 |
Other assets, net of amortization | $ | 61,291 |  |  | $ | 38,111 |
(1) | See discussion of deferred charges on marine transportation assets in the Summary of Accounting Policies (Note 2)
The CO 2 assets are being amortized on a units-of-production method. We recorded amortization of $4.2 million in 2014, $3.9 million in 2013 and $3.8 million in 2012.

X
- Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16323-109275 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16265-109275 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16373-109275 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13854-109267 + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration