v2.4.0.6
NET INCOME PER UNIT (Tables)
3 Months Ended
Mar. 31, 2012
NET INCOME PER UNIT [Abstract]  
Schedule of Net Income Per Unit [Text Block]
The following table details the calculation of earnings per unit:
 
Three Months Ended March 31,
 
2012
 
2011
 
(Thousands of Dollars, Except Unit and Per Unit Data)
Net income attributable to NuStar Energy L.P.
$
26,351

 
$
28,502

Less general partner distribution (including IDR)
11,598

 
10,160

Less limited partner distribution
77,478

 
69,456

Distributions greater than earnings
$
(62,725
)
 
$
(51,114
)
 
 
 
 
General partner earnings:
 
 
 
Distributions
$
11,598

 
$
10,160

Allocation of distributions greater than earnings (2%)
(1,255
)
 
(1,023
)
Total
$
10,343

 
$
9,137

 
 
 
 
Limited partner earnings:
 
 
 
Distributions
$
77,478

 
$
69,456

Allocation of distributions greater than earnings (98%)
(61,470
)
 
(50,091
)
Total
$
16,008

 
$
19,365

 
 
 
 
Weighted-average limited partner units outstanding
70,756,078

 
64,610,549

 
 
 
 
Net income per unit applicable to limited partners
$
0.23

 
$
0.30