v2.4.0.8
SEGMENT INFORMATION (Tables)
9 Months Ended
Sep. 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
September 30,
 
Nine Months Ended
September 30,
 
2014
 
2013
 
2014
 
2013
 
(Thousands of Dollars)
Revenues:
 
 
 
 
 
 
 
Pipeline
$
125,461

 
$
111,508

 
$
346,218

 
$
301,761

Storage:
 
 
 
 
 
 
 
Third parties
137,771

 
130,227

 
400,421

 
393,390

Intersegment
6,174

 
6,890

 
20,147

 
24,911

Related party

 
1,491

 
929

 
4,663

Total storage
143,945

 
138,608

 
421,497

 
422,964

Fuels marketing:
 
 
 
 
 
 
 
Third parties
531,190

 
534,919

 
1,645,812

 
1,969,886

Related party

 

 

 
8,645

Total fuels marketing
531,190

 
534,919

 
1,645,812

 
1,978,531

Consolidation and intersegment eliminations
(6,174
)
 
(6,890
)
 
(20,147
)
 
(24,911
)
Total revenues
$
794,422

 
$
778,145

 
$
2,393,380

 
$
2,678,345

 
 
 
 
 
 
 
 
Operating income:
 
 
 
 
 
 
 
Pipeline
$
65,652

 
$
58,018

 
$
178,878

 
$
149,126

Storage
49,401

 
41,051

 
141,415

 
139,419

Fuels marketing
7,518

 
(9,079
)
 
21,897

 
(7,240
)
Consolidation and intersegment eliminations
(25
)
 
123

 
(35
)
 
1,382

Total segment operating income
122,546

 
90,113

 
342,155

 
282,687

General and administrative expenses
24,967

 
18,831

 
68,986

 
65,978

Other depreciation and amortization expense
2,481

 
2,531

 
7,614

 
7,628

Total operating income
$
95,098

 
$
68,751

 
$
265,555

 
$
209,081

Reconciliation of Assets from Segment to Consolidated [Table Text Block]
Total assets by reportable segment were as follows:
 
September 30,
2014
 
December 31,
2013
 
(Thousands of Dollars)
Pipeline
$
1,898,684

 
$
1,797,698

Storage
2,237,537

 
2,275,183

Fuels marketing
306,636

 
445,882

Total segment assets
4,442,857

 
4,518,763

Other partnership assets
434,510

 
513,423

Total consolidated assets
$
4,877,367

 
$
5,032,186