Equity Investees (Tables)

9 Months Ended

Sep. 30, 2020

Equity Method Investments and Joint Ventures [Abstract]

Schedule of Consolidated Financial Statements Related to Equity Investees

The following table presents information included in our Unaudited Condensed Consolidated Financial Statements related to our equity investees.


	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
Genesis’ share of operating earnings	$	18,312	$	15,703	$	52,834	$	51,491
Amortization of excess purchase price	(3,873)		(3,873)		(11,618)		(11,618)
Net equity in earnings	$	14,439	$	11,830	$	41,216	$	39,873
Distributions received	$	16,757	$	19,512	$	55,716	$	58,058

Schedule of Balance Sheet Information for Equity Investees

The following tables present the unaudited balance sheet and income statement information (on a 100% basis) for Poseidon Oil Pipeline Company, L.L.C. ("Poseidon") (which is our most significant equity investment):


	September 30, 2020		December 31, 2019
BALANCE SHEET DATA:
Assets
Current assets	$	30,868	$	30,307
Fixed assets, net	175,628		187,091
Other assets	1,833		2,113
Total assets	$	208,329	$	219,511
Liabilities and equity
Current liabilities	$	11,047	$	15,558
Other liabilities	240,527		245,976
Equity	(43,245)		(42,023)
Total liabilities and equity	$	208,329	$	219,511

Schedule Of Operations For Equity Investees


	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
INCOME STATEMENT DATA:
Revenues	$	35,351	$	30,602	$	98,662	$	96,041
Operating income	$	27,002	$	21,745	$	72,530	$	69,705
Net income	$	25,831	$	19,431	$	68,050	$	62,576