v2.4.0.8
Segment Disclosures (Tables)
12 Months Ended
Dec. 31, 2013
Segment Reporting [Abstract]  
Segment Reporting Information By Segment
 
 
Year Ended December 31, 2011
 
 
Refined Products
 
Crude Oil
 
Marine Storage
 
Intersegment
Eliminations
 
Total
 
 
(in thousands)
Transportation and terminals revenue
 
$
680,235

 
$
61,205

 
$
151,929

 
$

 
$
893,369

Product sales revenue
 
848,902

 
591

 
5,035

 

 
854,528

Affiliate management fee revenue
 

 
770

 

 

 
770

Total revenue
 
1,529,137

 
62,566

 
156,964

 

 
1,748,667

Operating expenses
 
250,794

 
(4,898
)
 
63,438

 
(2,919
)
 
306,415

Cost of product sales
 
704,313

 

 
1,957

 

 
706,270

Earnings of non-controlled entities
 

 
(6,761
)
 
(2
)
 

 
(6,763
)
Operating margin
 
574,030

 
74,225

 
91,571

 
2,919

 
742,745

Depreciation and amortization expense
 
81,876

 
10,303

 
26,081

 
2,919

 
121,179

G&A expenses
 
80,746

 
1,773

 
16,150

 

 
98,669

Operating profit
 
$
411,408

 
$
62,149

 
$
49,340

 
$

 
$
522,897

Additions to long-lived assets
 
$
130,645

 
$
45,124

 
$
38,125

 
 
 
$
213,894

 
 
 
 
 
 
 
 
 
 
 
 
 
As of December 31, 2011
Segment assets
 
$
2,736,522

 
$
432,073

 
$
638,451

 
 
 
$
3,807,046

Corporate assets
 
 
 
 
 
 
 
 
 
237,955

Total assets
 
 
 
 
 
 
 
 
 
$
4,045,001

Goodwill
 
$
38,369

 
$
12,082

 
$
2,809

 
 
 
$
53,260

Investments in non-controlled entities
 
$

 
$
24,936

 
$
10,658

 
 
 
$
35,594


 
 
Year Ended December 31, 2012
 
 
Refined Products
 
Crude Oil
 
Marine Storage
 
Intersegment
Eliminations
 
Total
 
 
(in thousands)
Transportation and terminals revenue
 
$
723,835

 
$
92,288

 
$
154,621

 
$

 
$
970,744

Product sales revenue
 
790,116

 

 
9,266

 

 
799,382

Affiliate management fee revenue
 

 
1,734

 
214

 

 
1,948

Total revenue
 
1,513,951

 
94,022

 
164,101

 

 
1,772,074

Operating expenses
 
267,694

 
5,229

 
58,486

 
(2,955
)
 
328,454

Cost of product sales
 
653,429

 

 
3,679

 

 
657,108

Earnings of non-controlled entities
 

 
(2,574
)
 
(387
)
 

 
(2,961
)
Operating margin
 
592,828

 
91,367

 
102,323

 
2,955

 
789,473

Depreciation and amortization expense
 
86,218

 
12,228

 
26,611

 
2,955

 
128,012

G&A expenses
 
87,309

 
5,420

 
16,674

 

 
109,403

Operating profit
 
$
419,301

 
$
73,719

 
$
59,038

 
$

 
$
552,058

Additions to long-lived assets
 
$
127,744

 
$
166,960

 
$
56,485

 
 
 
$
351,189

 
 
 
 
 
 
 
 
 
 
 
 
 
As of December 31, 2012
Segment assets
 
$
2,530,770

 
$
875,005

 
$
656,855

 
 
 
$
4,062,630

Corporate assets
 
 
 
 
 
 
 
 
 
357,437

Total assets
 
 
 
 
 
 
 
 
 
$
4,420,067

Goodwill
 
$
38,369

 
$
12,082

 
$
2,809

 
 
 
$
53,260

Investments in non-controlled entities
 
$

 
$
91,629

 
$
15,727

 
 
 
$
107,356


 
 
Year Ended December 31, 2013
 
 
Refined Products
 
Crude Oil
 
Marine Storage
 
Intersegment
Eliminations
 
Total
 
 
(in thousands)
Transportation and terminals revenue
 
$
801,128

 
$
178,409

 
$
158,791

 
$

 
$
1,138,328

Product sales revenue
 
738,271

 

 
6,398

 

 
744,669

Affiliate management fee revenue
 

 
13,361

 
1,248

 

 
14,609

Total revenue
 
1,539,399

 
191,770

 
166,437

 

 
1,897,606

Operating expenses
 
270,711

 
19,131

 
59,407

 
(3,179
)
 
346,070

Cost of product sales
 
574,703

 

 
3,326

 

 
578,029

Earnings of non-controlled entities
 

 
(3,781
)
 
(2,494
)
 

 
(6,275
)
Operating margin
 
693,985

 
176,420

 
106,198

 
3,179

 
979,782

Depreciation and amortization expense
 
86,926

 
24,119

 
28,006

 
3,179

 
142,230

G&A expenses
 
91,658

 
19,896

 
20,942

 

 
132,496

Operating profit
 
$
515,401

 
$
132,405

 
$
57,250

 
$

 
$
705,056

Additions to long-lived assets
 
$
361,134

 
$
199,362

 
$
32,563

 
 
 
$
593,059

 
 
 
 
 
 
 
 
 
 
 
 
 
As of December 31, 2013
Segment assets
 
$
2,811,398

 
$
1,252,036

 
$
648,061

 
 
 
$
4,711,495

Corporate assets
 
 
 
 
 
 
 
 
 
109,317

Total assets
 
 
 
 
 
 
 
 
 
$
4,820,812

Goodwill
 
$
38,369

 
$
12,082

 
$
2,809

 
 
 
$
53,260

Investments in non-controlled entities
 
$

 
$
345,904

 
$
14,948

 
 
 
$
360,852