v2.4.0.6
NET INCOME PER UNIT (Tables)
6 Months Ended
Jun. 30, 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 June 30,
 
Six Months Ended June 30,
 
2012
 
2011
 
2012
 
2011
 
(Thousands of Dollars, Except Unit and Per Unit Data)
Net (loss) income attributable to NuStar Energy L.P.
$
(246,737
)
 
$
92,599

 
$
(220,386
)
 
$
121,101

Less general partner distribution (including IDR)
11,598

 
10,590

 
23,196

 
20,750

Less limited partner distribution
77,478

 
70,749

 
154,956

 
140,205

Distributions (greater than) less than earnings
$
(335,813
)
 
$
11,260

 
$
(398,538
)
 
$
(39,854
)
 
 
 
 
 
 
 
 
General partner earnings:
 
 
 
 
 
 
 
Distributions
$
11,598

 
$
10,590

 
$
23,196

 
$
20,750

Allocation of distributions (greater than)
less than earnings (2%)
(6,717
)
 
225

 
(7,972
)
 
(798
)
Total
$
4,881

 
$
10,815

 
$
15,224

 
$
19,952

 
 
 
 
 
 
 
 
Limited partner earnings:
 
 
 
 
 
 
 
Distributions
$
77,478

 
$
70,749

 
$
154,956

 
$
140,205

Allocation of distributions (greater than)
less than earnings (98%)
(329,096
)
 
11,035

 
(390,566
)
 
(39,056
)
Total
$
(251,618
)
 
$
81,784

 
$
(235,610
)
 
$
101,149

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

 
64,610,549

 
70,756,078

 
64,610,549

 
 
 
 
 
 
 
 
Net (loss) income per unit applicable to limited partners
$
(3.56
)
 
$
1.27

 
$
(3.33
)
 
$
1.57