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INCOME TAXES Narrative (Details) (USD $)
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12 Months Ended | ||
|---|---|---|---|
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Dec. 31, 2013
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Dec. 31, 2012
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Dec. 31, 2011
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| Tax Disclosures [Line Items] | |||
| Federal Statutory Income Tax Rate | 35.00% | ||
| Valuation Allowance, Amount | $ 12,237,000 | $ 78,000 | |
| Gain on legal settlement | 0 | 28,738,000 | 0 |
| Income Tax Expense (Benefit) | 12,753,000 | 24,450,000 | 18,555,000 |
| Deferred Tax Liabilities | 40,494,000 | 54,786,000 | |
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U.S. [Member]
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| Tax Disclosures [Line Items] | |||
| Operating Loss Carryforwards | 80,000,000 | ||
| Operating Loss Carryforwards, Expiration Dates | years 2021 through 2033 | ||
| Valuation Allowance, Deferred Tax Asset, Change in Amount | 10,300,000 | ||
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Foreign [Member]
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| Tax Disclosures [Line Items] | |||
| Operating Loss Carryforwards | 4,700,000 | ||
| Operating Loss Carryforwards, Expiration Dates | years 2017 and 2018 | ||
| Valuation Allowance, Deferred Tax Asset, Change in Amount | 1,800,000 | ||
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Canada 1 [Member]
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| Tax Disclosures [Line Items] | |||
| Income Tax Examination, Liability (Refund) Adjustment from Settlement with Taxing Authority | 1,000,000 | ||
| Income Tax Examination, Penalties and Interest Expense | 2,200,000 | ||
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Canada 2 [Member]
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| Tax Disclosures [Line Items] | |||
| Income Tax Examination, Liability (Refund) Adjustment from Settlement with Taxing Authority | 1,300,000 | ||
| Income Tax Examination, Penalties and Interest Expense | 700,000 | ||
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St. Eustatius
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| Tax Disclosures [Line Items] | |||
| Income Tax Holiday, Description | On June 1, 1989, the governments of the Netherlands Antilles and St. Eustatius approved a Free Zone and Profit Tax Agreement retroactive to January 1, 1989, which expired on December 31, 2000. This agreement required a subsidiary of Kaneb, which we acquired on July 1, 2005, to pay the greater of 2% of taxable income, as defined therein, or 500,000 Netherlands Antilles guilders (approximately $0.3 million) per year. The agreement further provided that any amounts paid in order to meet the minimum annual payment were available to offset future tax liabilities under the agreement to the extent that the minimum annual payment is greater than 2% of taxable income. On February 22, 2006, we entered into a revised agreement (the 2005 Tax and Maritime Agreement) with the governments of St. Eustatius and the Netherlands Antilles. The 2005 Tax and Maritime Agreement was effective beginning January 1, 2005 and expires on December 31, 2014. Under the terms of the 2005 Tax and Maritime Agreement, we agreed to make a one-time payment of 5.0 million Netherlands Antilles guilders (approximately $2.8 million) in full and final settlement of all of our liabilities, taxes, fees, levies, charges, or otherwise (including settlement of audits) due or potentially due to St. Eustatius. We further agreed to pay an annual minimum profit tax to St. Eustatius of 1.0 million Netherlands Antilles guilders (approximately $0.6 million), beginning as of January 1, 2005. We agreed to pay the minimum annual profit tax in twelve equal monthly installments. To the extent the minimum annual profit tax exceeds 2% of taxable profit (as defined in the 2005 Tax and Maritime Agreement), we can carry forward that excess to offset future tax liabilities. If the minimum annual profit tax is less than 2% of taxable profit, we agreed to pay that difference. | ||
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Grace Energy Corporation Matter
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| Tax Disclosures [Line Items] | |||
| Gain on legal settlement | 28,700,000 | ||
| Income Tax Expense (Benefit) | $ 10,100,000 | ||
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Year 1 [Member] | Canada 1 [Member]
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| Tax Disclosures [Line Items] | |||
| Income Tax Examination, Year under Examination | 2006 | ||
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Year 1 [Member] | Canada 2 [Member]
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| Tax Disclosures [Line Items] | |||
| Income Tax Examination, Year under Examination | 2003 | ||
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Year 2 [Member] | Canada 1 [Member]
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| Tax Disclosures [Line Items] | |||
| Income Tax Examination, Year under Examination | 2007 | ||
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Year 2 [Member] | Canada 2 [Member]
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| Tax Disclosures [Line Items] | |||
| Income Tax Examination, Year under Examination | 2004 | ||
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Year 3 [Member] | Canada 1 [Member]
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| Tax Disclosures [Line Items] | |||
| Income Tax Examination, Year under Examination | 2008 | ||
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Year 3 [Member] | Canada 2 [Member]
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| Tax Disclosures [Line Items] | |||
| Income Tax Examination, Year under Examination | 2005 | ||
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Year 4 [Member] | Canada 1 [Member]
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| Tax Disclosures [Line Items] | |||
| Income Tax Examination, Year under Examination | 2009 | ||
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Year 4 [Member] | Canada 2 [Member]
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| Tax Disclosures [Line Items] | |||
| Income Tax Examination, Year under Examination | 2006 | ||
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Year 5 [Member] | Canada 1 [Member]
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| Tax Disclosures [Line Items] | |||
| Income Tax Examination, Year under Examination | 2010 | ||
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Year 5 [Member] | Canada 2 [Member]
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| Tax Disclosures [Line Items] | |||
| Income Tax Examination, Year under Examination | 2007 | ||
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Year 6 [Member] | Canada 1 [Member]
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| Tax Disclosures [Line Items] | |||
| Income Tax Examination, Year under Examination | 2011 | ||
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Year 6 [Member] | Canada 2 [Member]
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| Tax Disclosures [Line Items] | |||
| Income Tax Examination, Year under Examination | 2008 | ||
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Year 7 [Member] | Canada 2 [Member]
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| Tax Disclosures [Line Items] | |||
| Income Tax Examination, Year under Examination | 2009 | ||