v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Revenues:        
Service revenues $ 259,562 $ 231,451 $ 488,900 $ 457,210
Product sales 490,183 670,563 1,110,058 1,442,990
Total revenues 749,745 902,014 1,598,958 1,900,200
Costs and expenses:        
Cost of product sales 473,755 648,766 1,068,714 1,401,020
Operating expenses:        
Third parties 84,565 79,664 161,971 161,468
Related party 30,972 31,651 59,631 63,364
Total operating expenses 115,537 111,315 221,602 224,832
General and administrative expenses:        
Third parties 5,715 7,125 12,477 15,835
Related party 17,448 12,528 31,542 31,312
Total general and administrative expenses 23,163 19,653 44,019 47,147
Depreciation and amortization expense 47,936 45,308 94,166 86,871
Total costs and expenses 660,391 825,042 1,428,501 1,759,870
Operating income 89,354 76,972 170,457 140,330
Equity in earnings (loss) of joint ventures 3,294 (10,128) (1,012) (21,271)
Interest expense, net (33,122) (31,035) (67,539) (62,026)
Interest income from related party 0 1,610 1,055 2,732
Other (expense) income, net (474) 2,184 3,204 2,528
Income from continuing operations before income tax expense 59,052 39,603 106,165 62,293
Income tax expense 1,865 4,891 5,982 7,982
Income from continuing operations 57,187 34,712 100,183 54,311
(Loss) income from discontinued operations, net of tax (1,788) (1,743) (5,147) 3,062
Net income 55,399 32,969 95,036 57,373
Less net loss attributable to noncontrolling interest (115) (117) (222) (278)
Net income attributable to NuStar Energy L.P. 55,514 33,086 95,258 57,651
Net income (loss) per unit applicable to limited partners:        
Continuing operations $ 0.58 $ 0.30 $ 0.98 $ 0.40
Discontinued operations $ (0.02) $ (0.02) $ (0.06) $ 0.05
Total (Note 10) $ 0.56 $ 0.28 $ 0.92 $ 0.45
Weighted-average limited partner units outstanding 77,886,078 77,886,078 77,886,078 77,886,078
Comprehensive income 63,926 29,238 101,644 51,252
Less comprehensive loss attributable to noncontrolling interest (117) (1,029) (669) (1,477)
Comprehensive income attributable to NuStar Energy L.P. $ 64,043 $ 30,267 $ 102,313 $ 52,729