Equity Investees (Tables)

3 Months Ended

Mar. 31, 2022

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 March 31,
		2022		2021
Genesis’ share of operating earnings		$	16,010	$	24,533
Amortization of differences attributable to Genesis’ carrying value of equity investments		(3,566)		(3,873)
Net equity in earnings		$	12,444	$	20,660
Distributions received(1)		$	19,018	$	29,516

(1) Includes distributions attributable to the period and received during or promptly following such period.

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 we own 64% of and is our most significant equity investment):


	March 31, 2022		December 31, 2021
BALANCE SHEET DATA:
Assets
Current assets	$	15,869	$	17,827
Fixed assets, net	156,464		160,379
Other assets	11,430		6,186
Total assets	$	183,763	$	184,392
Liabilities and equity
Current liabilities	$	7,436	$	7,668
Other liabilities	233,066		231,970
Equity (Deficit)	(56,739)		(55,246)
Total liabilities and equity	$	183,763	$	184,392

Schedule Of Operations For Equity Investees


	Three Months Ended March 31,
		2022		2021
STATEMENTS OF OPERATIONS DATA:
Revenues		$	31,189	$	42,413
Operating income		$	21,953	$	32,161
Net income		$	20,907	$	31,145