v2.4.0.8
SEGMENT INFORMATION (Tables)
6 Months Ended
Jun. 30, 2014
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
Results of operations for the reportable segments were as follows:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2014
 
2013
 
2014
 
2013
 
(Thousands of Dollars)
Revenues:
 
 
 
 
 
 
 
Pipeline
$
117,798

 
$
96,976

 
$
220,757

 
$
190,253

Storage:
 
 
 
 
 
 
 
Third parties
138,296

 
132,503

 
262,650

 
263,163

Intersegment
6,690

 
8,245

 
13,973

 
18,021

Related party

 
1,931

 
929

 
3,172

Total storage
144,986

 
142,679

 
277,552

 
284,356

Fuels marketing:
 
 
 
 
 
 
 
Third parties
493,651

 
661,959

 
1,114,622

 
1,434,967

Related party

 
8,645

 

 
8,645

Total fuels marketing
493,651

 
670,604

 
1,114,622

 
1,443,612

Consolidation and intersegment eliminations
(6,690
)
 
(8,245
)
 
(13,973
)
 
(18,021
)
Total revenues
$
749,745

 
$
902,014

 
$
1,598,958

 
$
1,900,200

 
 
 
 
 
 
 
 
Operating income:
 
 
 
 
 
 
 
Pipeline
$
60,236

 
$
51,227

 
$
113,226

 
$
91,108

Storage
50,007

 
44,412

 
92,014

 
98,368

Fuels marketing
4,821

 
3,432

 
14,379

 
1,839

Consolidation and intersegment eliminations
7

 
153

 
(10
)
 
1,259

Total segment operating income
115,071

 
99,224

 
219,609

 
192,574

General and administrative expenses
23,163

 
19,653

 
44,019

 
47,147

Other depreciation and amortization expense
2,554

 
2,599

 
5,133

 
5,097

Total operating income
$
89,354

 
$
76,972

 
$
170,457

 
$
140,330

Reconciliation of Assets from Segment to Consolidated [Table Text Block]
Total assets by reportable segment were as follows:
 
June 30,
2014
 
December 31,
2013
 
(Thousands of Dollars)
Pipeline
$
1,839,264

 
$
1,797,698

Storage
2,265,630

 
2,275,183

Fuels marketing
330,283

 
445,882

Total segment assets
4,435,177

 
4,518,763

Other partnership assets
460,602

 
513,423

Total consolidated assets
$
4,895,779

 
$
5,032,186