v2.4.0.8
Investments in Non-Controlled Entities (Tables)
6 Months Ended
Jun. 30, 2014
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Equity Method Investments
A summary of our investments in non-controlled entities follows (in thousands):
 
 
BridgeTex
 
All Others
 
Consolidated
Investment at December 31, 2013
 
$
246,875

 
$
113,977

 
$
360,852

Additional investment
 
281,803

 
4,142

 
285,945

Other adjustment to investment
 

 
(650
)
 
(650
)
Earnings (losses) of non-controlled entities:
 
 
 

 
 
Proportionate share of earnings (loss)
 
(140
)
 
2,936

 
2,796

Amortization of excess investment and capitalized interest
 

 
(375
)
 
(375
)
Earnings (losses) of non-controlled entities
 
(140
)
 
2,561

 
2,421

Less:
 
 
 
 
 
 
Distributions of earnings from investments in non-controlled entities
 

 
1,713

 
1,713

Distributions in excess of earnings of non-controlled entities
 

 
1,765

 
1,765

Investment at June 30, 2014
 
$
528,538

 
$
116,552

 
$
645,090

 
 
 
 
 
 
 


Summarized financial information of our non-controlled entities as of and for the six months ended June 30, 2014 follows (in thousands):
 
 
BridgeTex
 
All Others
 
Consolidated
Current assets
 
$
60,296

 
$
20,128

 
$
80,424

Noncurrent assets
 
907,337

 
184,876

 
1,092,213

Total assets
 
$
967,633

 
$
205,004

 
$
1,172,637

Current liabilities
 
107,742

 
6,410

 
114,152

Noncurrent liabilities
 

 
98

 
98

Total liabilities
 
$
107,742

 
$
6,508

 
$
114,250

Equity
 
$
859,891

 
$
198,496

 
$
1,058,387

 
 
 
 
 
 
 
Revenue
 
$

 
$
18,464

 
$
18,464

Net income (loss)
 
$
(280
)
 
$
5,871

 
$
5,591