v3.8.0.1
GOODWILL (Tables)
12 Months Ended
Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill [Table Text Block]
Changes in the carrying amount of goodwill by segment were as follows:
 
Pipeline
 
Storage
 
Fuels
Marketing
 
Total
 
(Thousands of Dollars)
Balances as of January 1, 2016 and December 31, 2016:
 
 
 
 
 
 
 
Goodwill
$
306,207

 
$
691,220

 
$
53,255

 
$
1,050,682

Accumulated impairment losses

 
(331,913
)
 
(22,132
)
 
(354,045
)
Net goodwill
306,207

 
359,307

 
31,123

 
696,637

 
 
 
 
 
 
 
 
Activity for the year ended December 31, 2017:
 
 
 
 
 
 
 
Navigator Acquisition preliminary purchase price allocation (a)
400,838

 

 

 
400,838

 
 
 
 
 
 
 
 
Balances as of December 31, 2017:
 
 
 
 
 
 
 
Goodwill
707,045

 
691,220

 
53,255

 
1,451,520

Accumulated impairment losses

 
(331,913
)
 
(22,132
)
 
(354,045
)
Net goodwill
$
707,045

 
$
359,307

 
$
31,123

 
$
1,097,475


(a)
See Note 4 for discussion of the Navigator Acquisition.