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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (USD $)
In Thousands, except Share data, unless otherwise specified |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
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Jun. 30, 2012
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Jun. 30, 2011
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Jun. 30, 2012
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Jun. 30, 2011
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| Service revenues: | ||||
| Third parties | $ 207,794 | $ 199,208 | $ 413,242 | $ 397,471 |
| Related party | 788 | 407 | 1,485 | 537 |
| Total service revenues | 208,582 | 199,615 | 414,727 | 398,008 |
| Product sales | 1,693,323 | 1,389,569 | 3,222,870 | 2,425,792 |
| Total revenues | 1,901,905 | 1,589,184 | 3,637,597 | 2,823,800 |
| Costs and expenses: | ||||
| Cost of product sales | 1,661,189 | 1,269,448 | 3,151,026 | 2,261,815 |
| Operating expenses: | ||||
| Third parties | 98,162 | 97,825 | 184,896 | 182,955 |
| Related party | 37,101 | 36,801 | 76,033 | 71,910 |
| Total operating expenses | 135,263 | 134,626 | 260,929 | 254,865 |
| General and administrative expenses: | ||||
| Third parties | 9,775 | 10,084 | 17,793 | 19,119 |
| Related party | 13,360 | 16,035 | 32,529 | 32,983 |
| Total general and administrative expenses | 23,135 | 26,119 | 50,322 | 52,102 |
| Depreciation and amortization expense | 45,576 | 41,640 | 90,257 | 81,936 |
| Asset impairment loss | 249,646 | 0 | 249,646 | 0 |
| Goodwill impairment loss | 22,132 | 0 | 22,132 | 0 |
| Gain on legal settlement | (28,738) | 0 | (28,738) | 0 |
| Total costs and expenses | 2,108,203 | 1,471,833 | 3,795,574 | 2,650,718 |
| Operating income (loss) | (206,298) | 117,351 | (157,977) | 173,082 |
| Equity in earnings of joint venture | 2,381 | 2,010 | 4,767 | 4,398 |
| Interest expense, net | (23,820) | (20,622) | (46,170) | (41,079) |
| Other income (expense), net | (2,812) | (967) | (1,444) | (6,466) |
| Income (loss) before income tax expense | (230,549) | 97,772 | (200,824) | 129,935 |
| Income tax expense | 16,261 | 5,167 | 19,732 | 8,814 |
| Net income (loss) | (246,810) | 92,605 | (220,556) | 121,121 |
| Less net income (loss) attributable to noncontrolling interest | (73) | 6 | (170) | 20 |
| Net income (loss) attributable to NuStar Energy L.P. | (246,737) | 92,599 | (220,386) | 121,101 |
| Net income (loss) per unit applicable to limited partners (Note 12) | $ (3.56) | $ 1.27 | $ (3.33) | $ 1.57 |
| Weighted-average limited partner units outstanding | 70,756,078 | 64,610,549 | 70,756,078 | 64,610,549 |
| Comprehensive income (loss) | (254,001) | 59,999 | (264,773) | 100,498 |
| Less comprehensive income (loss) attributable to noncontrolling interest | (308) | (821) | 714 | (255) |
| Comprehensive income (loss) attributable to NuStar Energy L.P. | $ (253,693) | $ 60,820 | $ (265,487) | $ 100,753 |
| X | ||||||||||
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- Definition
Represents the amount of income or expense recognized in the period to settle pending or threatened litigation. No definition available.
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| X | ||||||||||
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- Definition
Related party expenses for managing and administering the affairs of an entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. No definition available.
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| X | ||||||||||
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- Definition
Generally recurring related party costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Also excludes general and administrative expense. No definition available.
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| X | ||||||||||
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- Definition
Third-party revenue during the period from services rendered in the normal course of business, after deducting allowances and discounts. No definition available.
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| X | ||||||||||
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- Definition
The change in equity [net assets] of a business enterprise during a period from transactions and other events and circumstances from non-owner sources which are attributable to the reporting entity. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners, but excludes any and all transactions which are directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The change in equity [net assets] of a business enterprise during a period from transactions and other events and circumstances from non-owner sources which are attributable to noncontrolling interests, if any. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners, which are directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The change in equity [net assets] of a business enterprise during a period from transactions and other events and circumstances from non-owner sources which are attributable to the economic entity, including both controlling (parent) and noncontrolling interests. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners, including any and all transactions which are directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total costs related to goods produced and sold during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total costs of sales and operating expenses for the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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| X | ||||||||||
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- Definition
The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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| X | ||||||||||
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- Definition
Loss recognized during the period that results from the write-down of goodwill after comparing the implied fair value of reporting unit goodwill with the carrying amount of that goodwill. Goodwill is assessed at least annually for impairment. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
This element represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses from ongoing operations, after income or loss from equity method investments, but before income taxes, extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
This item represents the entity's proportionate share for the period of the net income (loss) of its investee (such as unconsolidated subsidiaries and joint ventures) to which the equity method of accounting is applied. This item includes income or expense related to stock-based compensation based on the investor's grant of stock to employees of an equity method investee. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The sum of the current income tax expense or benefit and the deferred income tax expense or benefit pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The net amount of nonoperating interest income (expense). No definition available.
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| X | ||||||||||
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- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The portion of net Income or Loss attributable to the noncontrolling interest (if any) deducted in order to derive the portion attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Net income (loss) allocated to each outstanding limited partnership unit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Excludes Selling, General and Administrative Expense. No definition available.
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- Details
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- Definition
The net result for the period of deducting operating expenses from operating revenues. No definition available.
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- Definition
The charge against earnings resulting from the write down of long lived assets other than goodwill due to the difference between the carrying value and lower fair value. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The total amount of other operating cost and expense items that are associated with the entity's normal revenue producing operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The sum of expenses not otherwise specified in the taxonomy for managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The net amount of other income and expense amounts, the components of which are not separately disclosed on the income statement, resulting from ancillary business-related activities (that is, excluding major activities considered part of the normal operations of the business) also known as other nonoperating income (expense) recognized for the period. Such amounts may include: (a) dividends, (b) interest on securities, (c) net gains or losses on securities, (d) unusual costs, (e) gains or losses on foreign exchange transactions, and (f) miscellaneous other income and expense items. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Revenues arising from transactions between (a) a parent company and its subsidiaries; (b) subsidiaries of a common parent; (c) an entity and trusts for the benefit of employees, such as pension and profit-sharing trusts that are managed by or under the trusteeship of the entity's' management; (d) an entity and its principal, owners, management, or members of their immediate families; and (e) affiliates. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Aggregate revenue during the period from the sale of goods in the normal course of business, after deducting returns, allowances and discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Aggregate revenue during the period from services rendered in the normal course of business, after deducting allowances and discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
Weighted average number of general partnership units outstanding determined by relating the portion of time within a reporting period that general partnership units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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