v3.19.3.a.u2

Inventory | 12 Months Ended
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Dec. 31, 2019
Inventory Disclosure [Abstract] |
Inventory | Inventory Inventory is comprised primarily of refined products, liquefied petroleum gases, transmix, crude oil and additives, which are stated and relieved at the lower of average cost or net realizable value. Inventory at December 31, 2018 and 2019 was as follows (in thousands):
|  | December 31,
|  | 2018 |  | 2019
Refined products |  | $ | 92,751 |  |  | $ | 96,128 |
Liquefied petroleum gases |  | 46,612 |  |  | 29,982 |
Transmix |  | 28,497 |  |  | 39,546 |
Crude oil |  | 11,220 |  |  | 12,714 |
Additives |  | 6,655 |  |  | 6,029 |
Total inventory |  | $ | 185,735 |  |  | $ | 184,399 |
During 2018 and 2019, we recorded lower of average cost or net realizable value adjustments of $18.5 million and $4.8 million, respectively, related to our refined products, transmix and crude oil inventories.

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- Definition The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 330 -URI http://asc.fasb.org/topic&trid=2126998 + Details
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