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Business Consolidation (Tables) | 3 Months Ended
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Mar. 31, 2024
Business Combination and Asset Acquisition [Abstract] |
Summary of Unaudited Consolidated Balance Sheet and Statements of Operations | The allocation of the purchase price, as presented within our Condensed Consolidated Balance Sheet as of December 31, 2023, is summarized as follows:
Cash and cash equivalents | $ | 4,332 |
Accounts receivable - trade, net | 231,797 |
Inventories | 19,522 |
Other current assets | 14,203 |
Fixed assets, at cost | 4,000 |
Right of use assets, net | 93,208 |
Intangible assets, net of amortization | 14,992 |
Other Assets, net of amortization | 400 |
Accounts payable - trade(1) | (228,106) |
Accrued liabilities | (75,224) |
Deferred tax liabilities | (1,482) |
Other long-term liabilities | (77,642) |
Net Assets | $ | — |
(1)The “Accounts payable - trade” balance above includes $133.4 million of payables to Genesis at December 31, 2022 that eliminated upon consolidation in our Consolidated Balance Sheet.
Schedule of Pro Forma Financial Information | The dilutive effect of our Class A Convertible Preferred Units is calculated using the if-converted method.
| Three Months Ended March 31, 2023 |  |  |  |
Consolidated financial operating results: |  |  |  |  |
Revenues | $ | 790,612 |  |  |  |  |
Net Loss Attributable to Genesis Energy, L.P. | (1,644) |  |  |  |  |
Net Loss Attributable to Common Unitholders | (25,646) |  |  |  |  |
Basic and diluted loss per common unit: |  |  |  |  |
As reported net loss per common unit | $ | (0.21) |  |  |  |  |
Pro forma net loss per common unit | $ | (0.21) |  |  |  |  |

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- Definition Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479328/805-10-50-3 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479328/805-10-50-2 + Details
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