v2.4.0.8
Investments in Non-Controlled Entities (Tables)
9 Months Ended
Sep. 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
Investments at December 31, 2013
 
$
246,875

 
$
113,977

 
$
360,852

Additional investment
 
368,869

 
9,351

 
378,220

Other adjustment to investment
 

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

 
 
Proportionate share of earnings
 
9

 
4,620

 
4,629

Amortization of excess investment and capitalized interest
 

 
(563
)
 
(563
)
Earnings of non-controlled entities
 
9

 
4,057

 
4,066

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

 
2,398

 
2,398

Distributions in excess of earnings of non-controlled entities
 

 
3,918

 
3,918

Investments at September 30, 2014
 
$
615,753

 
$
120,419

 
$
736,172

 
 
 
 
 
 
 


Summarized financial information of our non-controlled entities as of and for the nine months ended September 30, 2014 follows (in thousands):
 
 
BridgeTex
 
All Others
 
Consolidated
Current assets
 
$
67,027

 
$
19,419

 
$
86,446

Noncurrent assets
 
1,043,761

 
198,027

 
1,241,788

Total assets
 
$
1,110,788

 
$
217,446

 
$
1,328,234

Current liabilities
 
99,808

 
10,739

 
110,547

Noncurrent liabilities
 

 
99

 
99

Total liabilities
 
$
99,808

 
$
10,838

 
$
110,646

Equity
 
$
1,010,980

 
$
206,608

 
$
1,217,588

 
 
 
 
 
 
 
Revenue
 
$
428

 
$
27,346

 
$
27,774

Net income
 
$
17

 
$
9,241

 
$
9,258