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Consolidated Statements Of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
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Jun. 30, 2014
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Jun. 30, 2013
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Jun. 30, 2014
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Jun. 30, 2013
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| Transportation and terminals revenue | $ 353,568 | $ 282,462 | $ 671,205 | $ 509,733 |
| Product sales revenue | 137,657 | 157,922 | 433,720 | 359,633 |
| Affiliate management fee revenue | 5,221 | 3,528 | 10,127 | 6,967 |
| Total revenue | 496,446 | 443,912 | 1,115,052 | 876,333 |
| Costs and expenses: | ||||
| Operating | 124,874 | 77,415 | 198,371 | 142,596 |
| Cost of product sales | 109,103 | 115,328 | 307,143 | 275,726 |
| Depreciation, amortization and impairments | 46,897 | 34,186 | 84,408 | 70,518 |
| General and administrative | 39,309 | 33,262 | 74,244 | 63,318 |
| Total costs and expenses | 320,183 | 260,191 | 664,166 | 552,158 |
| Earnings of non-controlled entities | 1,955 | 736 | 2,421 | 2,787 |
| Operating profit | 178,218 | 184,457 | 453,307 | 326,962 |
| Interest expense | 37,265 | 31,720 | 73,681 | 63,443 |
| Interest income | (406) | (13) | (797) | (35) |
| Interest capitalized | (6,843) | (3,243) | (12,153) | (6,694) |
| Debt placement fee amortization expense | 602 | 540 | 1,201 | 1,080 |
| Income before provision for income taxes | 147,600 | 155,453 | 391,375 | 269,168 |
| Provision for income taxes | 1,340 | 1,813 | 2,561 | 2,561 |
| Net income | $ 146,260 | $ 153,640 | $ 388,814 | $ 266,607 |
| Basic and diluted net income per limited partner unit (in dollars per unit) | $ 0.64 | $ 0.68 | $ 1.71 | $ 1.18 |
| Weighted average number of limited partner units outstanding used for basic and diluted net income per unit calculation (in units) | 227,288 | 226,864 | 227,215 | 226,785 |
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- Definition
Total costs incurred and are directly related to energy commodities and services provided during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Total costs of sales and operating expenses for the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Represents the charge against earnings during the period for commitment fees and debt issuance expenses. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate direct operating costs incurred during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The portion of profit or loss for the period which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of income (loss) from continuing operations attributable to the parent. Also defined as revenue less expenses and taxes from ongoing operations before extraordinary items but after deduction of those portions of income or loss from continuing operations that are allocable to noncontrolling interests. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
This item represents the entity's proportionate share for the period of the net income (loss) of its investee (such as unconsolidated subsidiaries and joint ventures) to which the equity method of accounting is applied. This item includes income or expense related to stock-based compensation based on the investor's grant of stock to employees of an equity method investee. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of interest costs capitalized disclosed as an adjusting item to interest costs incurred. No definition available.
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- Definition
Amount of the cost of borrowed funds accounted for as interest expense for debt. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount before accretion (amortization) of purchase discount (premium) of interest income and dividend income on nonoperating securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of net income or loss for the period per each limited partnership and general partnership unit in instances when basic and diluted earnings per unit are the same amount and aggregated on the face of the financial statements. Basic earnings per unit is the amount of net income or loss for the period per unit outstanding during the reporting period. Diluted earnings per unit includes the amount of net income or loss for the period available to each limited and general partnership unit outstanding during the reporting period and to each unit that would have been outstanding assuming the issuance of units for all dilutive potential units outstanding during the reporting period. No definition available.
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- Definition
The net result for the period of deducting operating expenses from operating revenues. No definition available.
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- Definition
Amount of revenue, fees and commissions earned from transactions between (a) a parent company and its subsidiaries; (b) subsidiaries of a common parent; (c) an entity and trusts for the benefit of employees, for example, but not limited to, pension and profit-sharing trusts that are managed by or under the trusteeship of the entity's management; (d) an entity and its principal, owners, management, or members of their immediate families; and (e) affiliates. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Revenue from oil and gas-related services including well services (such as drilling, rigs and analytic evaluations), transportation, and other supporting contractor services, during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Revenue derived from energy-related services such supplying various forms of energy (such as steam, electricity and chilled water from the operation of on-site facilities or cogeneration plants), procurement services provided to energy purchasers, and the marketing and trading of energy commodities and derivatives. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of state and local current and deferred income tax expense (benefit) attributable to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The average number of limited partnership and general partnership units issued and outstanding that are used in calculating basic and diluted earnings per limited partnership and general partnership unit. No definition available.
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