v3.3.1.900
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenues:      
Service revenues $ 1,114,153 $ 1,026,446 $ 938,138
Product sales 969,887 2,048,672 2,525,594
Total revenues 2,084,040 3,075,118 3,463,732
Cost of product sales 907,574 1,967,528 2,453,997
Operating expenses:      
Third parties 337,466 347,189 331,719
Related party 135,565 125,736 122,677
Total operating expenses 473,031 472,925 454,396
General and administrative expenses:      
Third parties 35,752 29,146 32,484
Related party 66,769 66,910 58,602
Total general and administrative expenses 102,521 96,056 91,086
Depreciation and amortization expense 210,210 191,708 178,921
Goodwill impairment loss 0 0 304,453
Total costs and expenses 1,693,336 2,728,217 3,482,853
Operating income (loss) 390,704 346,901 (19,121)
Equity in earnings (loss) of joint ventures 0 4,796 (39,970)
Interest expense, net (131,868) (132,281) (127,119)
Interest income from related party 0 1,055 6,113
Other income, net 61,822 4,499 7,341
Income (loss) from continuing operations before income tax expense 320,658 224,970 (172,756)
Income tax expense 14,712 10,801 12,753
Income (loss) from continuing operations 305,946 214,169 (185,509)
Income (loss) from discontinued operations, net of tax 774 (3,791) (99,162)
Net income (loss) 306,720 210,378 (284,671)
Less loss attributable to noncontrolling interest 0 (395) (10,901)
Net income (loss) attributable to NuStar Energy L.P. $ 306,720 $ 210,773 $ (273,770)
Net income (loss) per unit applicable to limited partners:      
Continuing operations $ 3.29 $ 2.14 $ (2.89)
Discontinued operations 0.01 (0.04) (1.11)
Total (Note 22) $ 3.30 $ 2.10 $ (4.00)
Weighted-average limited partner units outstanding 77,886,078 77,886,078 77,886,078