v2.4.0.8
CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Revenues:      
Service revenues $ 938,138 $ 870,157 $ 820,623
Product sales 2,525,594 5,075,579 5,437,006
Total revenues 3,463,732 5,945,736 6,257,629
Costs and expenses:      
Cost of product sales 2,453,997 4,930,174 5,175,710
Operating expenses:      
Third parties 331,719 392,491 367,889
Related party 122,677 133,654 138,324
Total operating expenses 454,396 526,145 506,213
General and administrative expenses:      
Third parties 32,484 42,266 36,830
Related party 58,602 62,490 66,220
Total general and administrative expenses 91,086 104,756 103,050
Depreciation and amortization expense 178,921 159,789 161,773
Goodwill impairment loss 304,453 22,132 0
Asset impairment loss 0 249,646 0
Gain on legal settlement 0 (28,738) 0
Total costs and expenses 3,482,853 5,963,904 5,946,746
Operating (loss) income (19,121) (18,168) 310,883
Equity in (loss) earnings of joint ventures (39,970) (9,378) 11,458
Interest expense, net (127,119) (90,535) (81,539)
Interest income related party 6,113 1,219 0
Other income (expense), net 7,341 (24,689) (3,573)
Income (loss) from continuing operations before income tax expense (172,756) (141,551) 237,229
Income tax expense 12,753 24,450 18,555
Income (loss) from continuing operations (185,509) (166,001) 218,674
Income (loss) from discontinued operations, net of tax (99,162) (61,236) 2,927
Net income (loss) (284,671) (227,237) 221,601
Less net income (loss) attributable to noncontrolling interest (10,901) (621) 140
Net income (loss) attributable to NuStar Energy L.P. $ (273,770) $ (226,616) $ 221,461
Net income (loss) per unit applicable to limited partners:      
Continuing operations $ (2.89) $ (2.79) $ 2.74
Discontinued operations $ (1.11) $ (0.82) $ 0.04
Total (Note 23) $ (4.00) $ (3.61) $ 2.78
Weighted-average limited partner units outstanding 77,886,078 72,957,417 65,018,301