v2.4.0.8
NET (LOSS) INCOME PER UNIT
 12 Months Ended
Dec. 31, 2013
Earnings Per Share [Abstract]  
NET INCOME PER UNIT
NET (LOSS) INCOME PER UNIT
The following table details the calculation of earnings per unit:
 
Year Ended December 31,
 
2013
 
2012
 
2011
 
(Thousands of Dollars, Except Per Unit Data)
Net (loss) income attributable to NuStar Energy L.P.
$
(273,770
)
 
$
(226,616
)
 
$
221,461

Less general partner distribution (including IDR)
51,064

 
48,728

 
42,948

Less limited partner distribution
341,140

 
325,526

 
288,497

Distributions greater than earnings
$
(665,974
)
 
$
(600,870
)
 
$
(109,984
)
 
 
 
 
 
 
General partner earnings:
 
 
 
 
 
Distributions
$
51,064

 
$
48,728

 
$
42,948

Allocation of distributions greater than earnings (2%)
(13,318
)
 
(12,019
)
 
(2,201
)
Total
$
37,746

 
$
36,709

 
$
40,747

 
 
 
 
 
 
Limited partner earnings:
 
 
 
 
 
Distributions
$
341,140

 
$
325,526

 
$
288,497

Allocation of distributions greater than earnings (98%)
(652,656
)
 
(588,851
)
 
(107,783
)
Total
$
(311,516
)
 
$
(263,325
)
 
$
180,714

 
 
 
 
 
 
Weighted-average limited partner units outstanding
77,886,078

 
72,957,417

 
65,018,301

 
 
 
 
 
 
Net (loss) income per unit applicable to limited partners
$
(4.00
)
 
$
(3.61
)
 
$
2.78