v3.20.1

Inventory

3 Months Ended

Mar. 31, 2020

Inventory Disclosure [Abstract]

Inventory

Inventory

Inventory at December 31, 2019 and March 31, 2020 was as follows (in thousands): 

	December 31, 2019				March 31, 2020
Refined products	$	96,128			$	33,770
Liquefied petroleum gases	29,982				10,054
Transmix	39,546				13,648
Crude oil	12,714				9,011
Additives	6,029				4,670
Total inventory	$	184,399			$	71,153

During 2020, we recorded lower of average cost or net realizable value adjustments of $77.8 million related to our refined products, liquefied petroleum gases, transmix and crude oil inventories.

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- References

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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

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