v3.5.0.2
SEGMENT INFORMATION (Tables)
6 Months Ended
Jun. 30, 2016
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,
 
2016
 
2015
 
2016
 
2015
 
(Thousands of Dollars)
Revenues:
 
 
 
 
 
 
 
Pipeline
$
121,575

 
$
122,210

 
$
240,448

 
$
246,635

Storage:
 
 
 
 
 
 
 
Third parties
146,367

 
150,812

 
292,751

 
294,897

Intersegment
5,507

 
6,830

 
11,522

 
13,079

Total storage
151,874

 
157,642

 
304,273

 
307,976

Fuels Marketing
169,862

 
297,589

 
310,308

 
584,023

Consolidation and intersegment eliminations
(5,507
)
 
(6,830
)
 
(11,522
)
 
(13,079
)
Total revenues
$
437,804

 
$
570,611

 
$
843,507

 
$
1,125,555

 
 
 
 
 
 
 
 
Operating income:
 
 
 
 
 
 
 
Pipeline
$
63,552

 
$
64,820

 
$
127,817

 
$
133,460

Storage
51,063

 
53,751

 
108,076

 
101,729

Fuels marketing
1,392

 
2,650

 
619

 
12,575

Consolidation and intersegment eliminations
1

 
(1
)
 
1

 
42

Total segment operating income
116,008

 
121,220

 
236,513

 
247,806

General and administrative expenses
22,657

 
26,693

 
46,442

 
51,746

Other depreciation and amortization expense
2,134

 
2,122

 
4,289

 
4,374

Total operating income
$
91,217

 
$
92,405

 
$
185,782

 
$
191,686

Reconciliation of Assets from Segment to Consolidated [Table Text Block]
Total assets by reportable segment were as follows:
 
June 30,
2016
 
December 31,
2015
 
(Thousands of Dollars)
Pipeline
$
2,004,850

 
$
2,014,098

Storage
2,466,104

 
2,476,389

Fuels marketing
140,150

 
156,866

Total segment assets
4,611,104

 
4,647,353

Other partnership assets
444,115

 
478,172

Total consolidated assets
$
5,055,219

 
$
5,125,525