

	Pipeline			Storage		Total
	(Thousands of Dollars)
Balances as of January 1, 2018	$	707,045		$	301,622	$	1,008,667

Activity for the year ended December 31, 2018:
Navigator Acquisition purchase price allocation adjustments (Note 6)	(2,814		)	—		(2,814		)

Balances as of December 31, 2018 and 2019	$	704,231		$	301,622	$	1,005,853

As discussed in Note 5, the assets and liabilities associated with the European Operations and the St. Eustatius Operations, including goodwill, were reclassified to assets and liabilities held for sale for all periods presented and are not included in the table above. In connection with the European Disposition in 2018, we allocated goodwill of $57.7 million to the European Operations. In 2019, goodwill of $31.1 million associated with the bunkering operations at the St. Eustatius terminal facility, which represented all goodwill in the fuels marketing segment, was reduced to $0. Please see Note 5 for additional information. As a result of the St. Eustatius Disposition, there are no accumulated impairment losses associated with continuing operations as of December 31, 2019.