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Leases
 6 Months Ended
Jun. 30, 2022
Leases [Abstract]  
Leases LEASES
    
    The Partnership has numerous operating leases primarily for terminal facilities and transportation and other equipment. The leases generally provide that all expenses related to the equipment are to be paid by the lessee.

    Operating lease Right-of-Use assets and operating lease liabilities are recognized based on the present value of lease payments over the lease term at commencement date. Because most of the Partnership's leases do not provide an implicit rate of return, the Partnership uses its imputed collateralized rate based on the information available at commencement date in determining the present value of lease payments. The estimated rate is based on a risk-free rate plus a risk-adjusted margin.

Our leases have remaining lease terms of 1 year to 14 years, some of which include options to extend the leases for up to 5 years, and some of which include options to terminate the leases within 1 year. The Partnership includes extension periods and excludes termination periods from its lease term if, at commencement, it is reasonably likely that the Partnership will exercise the option.
    
    The components of lease expense for the six months ended June 30, 2022 and 2021 were as follows:
Three Months Ended June 30,Six Months Ended June 30, 2022
2022202120222021
Operating lease cost$2,540 $2,199 $4,811 $4,501 
Finance lease cost:
     Amortization of right-of-use assets$25 25 $50 115 
     Interest on lease liabilities$3 6 $7 16 
Short-term lease cost$2,887 2,473 $5,505 5,581 
Variable lease cost$41 $26 $84 $59 
Total lease cost$5,496 $4,729 $10,457 $10,272 
    
Supplemental balance sheet information related to leases at June 30, 2022 and December 31, 2021 was as follows:
June 30,
2022		December 31, 2021
Operating Leases
Operating lease right-of-use assets$30,249 $21,861 
Current portion of operating lease liabilities included in "Other accrued liabilities"$8,207 $6,600 
Operating lease liabilities$22,455 15,704 
     Total operating lease liabilities$30,662 $22,304 
Finance Leases
Property, plant and equipment, at cost$1,071 $1,071 
Accumulated depreciation$(413)(364)
     Property, plant and equipment, net$658 $707 
Current installments of finance lease obligations$169 $280 
Finance lease obligations$— 9 
     Total finance lease obligations$169 $289 
    The Partnership’s future minimum lease obligations as of June 30, 2022 consist of the following:
Operating LeasesFinance Leases
Year 1$9,463 $172 
Year 26,772 — 
Year 34,713 — 
Year 43,889 — 
Year 52,829 — 
Thereafter7,954 — 
     Total$35,620 $172 
     Less amounts representing interest costs(4,958)(3)
Total lease liability$30,662 $169 

    The Partnership has non-cancelable revenue arrangements that are under the scope of ASC 842 whereby we have committed certain terminalling and storage assets in exchange for a minimum fee. Future minimum revenues the Partnership expects to receive under these non-cancelable arrangements as of June 30, 2022 are as follows: 2022 - $10,740; 2023 - $15,807; 2024 - $15,322; 2025 - $14,742; 2026 - $8,977; subsequent years - $32,936.
Leases LEASES
    
    The Partnership has numerous operating leases primarily for terminal facilities and transportation and other equipment. The leases generally provide that all expenses related to the equipment are to be paid by the lessee.

    Operating lease Right-of-Use assets and operating lease liabilities are recognized based on the present value of lease payments over the lease term at commencement date. Because most of the Partnership's leases do not provide an implicit rate of return, the Partnership uses its imputed collateralized rate based on the information available at commencement date in determining the present value of lease payments. The estimated rate is based on a risk-free rate plus a risk-adjusted margin.

Our leases have remaining lease terms of 1 year to 14 years, some of which include options to extend the leases for up to 5 years, and some of which include options to terminate the leases within 1 year. The Partnership includes extension periods and excludes termination periods from its lease term if, at commencement, it is reasonably likely that the Partnership will exercise the option.
    
    The components of lease expense for the six months ended June 30, 2022 and 2021 were as follows:
Three Months Ended June 30,Six Months Ended June 30, 2022
2022202120222021
Operating lease cost$2,540 $2,199 $4,811 $4,501 
Finance lease cost:
     Amortization of right-of-use assets$25 25 $50 115 
     Interest on lease liabilities$3 6 $7 16 
Short-term lease cost$2,887 2,473 $5,505 5,581 
Variable lease cost$41 $26 $84 $59 
Total lease cost$5,496 $4,729 $10,457 $10,272 
    
Supplemental balance sheet information related to leases at June 30, 2022 and December 31, 2021 was as follows:
June 30,
2022		December 31, 2021
Operating Leases
Operating lease right-of-use assets$30,249 $21,861 
Current portion of operating lease liabilities included in "Other accrued liabilities"$8,207 $6,600 
Operating lease liabilities$22,455 15,704 
     Total operating lease liabilities$30,662 $22,304 
Finance Leases
Property, plant and equipment, at cost$1,071 $1,071 
Accumulated depreciation$(413)(364)
     Property, plant and equipment, net$658 $707 
Current installments of finance lease obligations$169 $280 
Finance lease obligations$— 9 
     Total finance lease obligations$169 $289 
    The Partnership’s future minimum lease obligations as of June 30, 2022 consist of the following:
Operating LeasesFinance Leases
Year 1$9,463 $172 
Year 26,772 — 
Year 34,713 — 
Year 43,889 — 
Year 52,829 — 
Thereafter7,954 — 
     Total$35,620 $172 
     Less amounts representing interest costs(4,958)(3)
Total lease liability$30,662 $169 

    The Partnership has non-cancelable revenue arrangements that are under the scope of ASC 842 whereby we have committed certain terminalling and storage assets in exchange for a minimum fee. Future minimum revenues the Partnership expects to receive under these non-cancelable arrangements as of June 30, 2022 are as follows: 2022 - $10,740; 2023 - $15,807; 2024 - $15,322; 2025 - $14,742; 2026 - $8,977; subsequent years - $32,936.