XML 15 R4.htm IDEA: XBRL DOCUMENT v3.23.3
CONSOLIDATED AND CONDENSED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues:        
Revenues $ 176,697 $ 229,305 $ 616,862 $ 775,502
Cost of products sold: (excluding depreciation and amortization)        
Cost of products sold 75,782 152,187 312,849 480,695
Expenses:        
Operating expenses [1] 64,375 66,158 187,857 186,735
Selling, general and administrative [1] 10,424 10,273 30,043 31,420
Depreciation and amortization 12,223 13,721 37,671 43,007
Total costs and expenses 162,804 242,339 568,420 741,857
Other operating income, net 811 790 1,096 1,050
Operating income (loss) 14,704 (12,244) 49,538 34,695
Other income (expense):        
Interest expense, net (14,994) (13,906) (45,914) (39,181)
Loss on extinguishment of debt 0 0 (5,121) 0
Other, net 17 (2) 50 (4)
Total other expense (14,977) (13,908) (50,985) (39,185)
Net loss before taxes (273) (26,152) (1,447) (4,490)
Income tax expense (788) (1,891) (3,619) (5,469)
Net loss (1,061) (28,043) (5,066) (9,959)
Less general partner's interest in net loss 21 561 101 199
Less loss allocable to unvested restricted units 4 90 16 39
Limited partners' interest in net loss $ (1,036) $ (27,392) $ (4,949) $ (9,721)
Net loss per unit attributable to limited partners - basic (in dollars per share) $ (0.03) $ (0.71) $ (0.13) $ (0.25)
Net loss per unit attributable to limited partners - diluted (in dollars per share) $ (0.03) $ (0.71) $ (0.13) $ (0.25)
Weighted average limited partner units - basic (in shares) 38,772,266 38,726,388 38,771,451 38,725,933
Weighted average limited partner units - diluted (in shares) 38,772,266 38,726,388 38,771,451 38,725,933
Terminalling and storage        
Revenues:        
Revenues [1] $ 22,202 $ 19,988 $ 64,744 $ 59,808
Transportation        
Revenues:        
Revenues [1] 55,223 58,993 165,696 161,535
Sulfur services        
Revenues:        
Revenues 3,358 3,085 10,073 9,253
Product sales        
Revenues:        
Revenues [1] 95,914 147,239 376,349 544,906
Specialty products        
Revenues:        
Revenues [1] 66,695 121,456 277,836 409,215
Cost of products sold: (excluding depreciation and amortization)        
Cost of products sold [1] 56,298 126,951 245,863 380,602
Sulfur services        
Revenues:        
Revenues [1] 29,219 25,783 98,513 135,691
Cost of products sold: (excluding depreciation and amortization)        
Cost of products sold [1] 19,461 25,230 66,932 100,078
Terminalling and storage        
Cost of products sold: (excluding depreciation and amortization)        
Cost of products sold [1] $ 23 $ 6 $ 54 $ 15
[1] Related Party Transactions Included Above
Three Months EndedNine Months Ended
September 30,September 30,
2023202220232022
Revenues:*    
Terminalling and storage$18,542 $16,065 $54,121 $49,685 
Transportation7,426 7,111 20,214 20,862 
Product Sales122 63 8,544 486 
Costs and expenses:*
Cost of products sold: (excluding depreciation and amortization)
Specialty products9,896 10,196 27,324 30,047 
Sulfur services2,787 2,616 8,139 7,884 
Terminalling and storage23 5 54 14 
Expenses:
Operating expenses25,606 23,856 74,491 68,682 
Selling, general and administrative8,477 7,627 23,549 23,933