v3.21.1
SEGMENT INFORMATION
3 Months Ended
Mar. 31, 2021
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
Our reportable business segments consist of the pipeline, storage and fuels marketing segments. Our segments represent strategic business units that offer different services and products. We evaluate the performance of each segment based on its respective operating income (loss), before general and administrative expenses and certain non-segmental depreciation and amortization expense. General and administrative expenses are not allocated to the operating segments since those expenses relate primarily to the overall management at the entity level. Our principal operations include the transportation of petroleum products and anhydrous ammonia, and the terminalling, storage and marketing of petroleum products.
Results of operations for the reportable segments were as follows:
 Three Months Ended March 31,
 20212020
 (Thousands of Dollars)
Revenues:
Pipeline$169,228 $195,681 
Storage108,574 123,217 
Fuels marketing83,855 73,902 
Consolidation and intersegment eliminations(11)(9)
Total revenues$361,646 $392,791 
Operating income (loss):
Pipeline$79,379 $(122,924)
Storage42,718 48,579 
Fuels marketing2,731 6,443 
Total segment operating income (loss)124,828 (67,902)
General and administrative expenses24,492 22,971 
Other depreciation and amortization expense2,047 2,186 
Total operating income (loss)$98,289 $(93,059)

Total assets by reportable segment were as follows:
March 31,
2021
December 31,
2020
 (Thousands of Dollars)
Pipeline$3,568,565 $3,609,508 
Storage1,881,051 1,897,167 
Fuels marketing45,052 31,967 
Total segment assets5,494,668 5,538,642 
Other partnership assets149,204 278,376 
Total consolidated assets$5,643,872 $5,817,018