v2.3.0.15
Condensed Statements of Consolidated Operations (Unaudited) (USD $)
In Thousands, except Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
REVENUES    
Affiliate$ 26,143$ 5,145$ 50,583$ 14,087
Third-party9841,0112,5802,887
Total Revenues27,1276,15653,16316,974
COSTS AND EXPENSES    
Operating and maintenance expenses7,3829,36024,23125,484
Depreciation and amortization expense2,0172,0046,0545,983
General and administrative expenses2,0008465,4152,337
Loss on asset disposals0701506
Total Costs and Expenses11,39912,28035,70134,310
OPERATING INCOME (LOSS)15,728(6,124)17,462(17,336)
Interest and financing costs, net(601)0(1,062)0
NET INCOME (LOSS)15,127(6,124)16,400(17,336)
Less: Predecessor loss prior to initial public offering on April 26, 20110 (6,622) 
Net income subsequent to initial public offering15,127 23,022 
Less: General partner's interest in net income subsequent to initial public offering303 460 
Limited partners' interest in net income subsequent to initial public offering$ 14,824 $ 22,562 
Net income per limited partner unit:    
Common$ 0.49 $ 0.74 
Subordinated - Tesoro$ 0.49 $ 0.74 
Limited partner units outstanding:    
Common units - Public14,950,000 14,950,000 
Common units - Tesoro304,890 304,890 
Subordinated units - Tesoro15,254,890 15,254,890 
Cash distribution per unit$ 0.35 $ 0.5948