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Acquisition (Tables)
9 Months Ended
Sep. 30, 2015
Enterprise Offshore Acquisition  
Business Acquisition [Line Items]  
Schedule of Purchase Price Allocation
The allocation of the purchase price, as presented on our Consolidated Balance Sheet, is summarized as follows:
Cash
$
1,087

Accounts receivable
28,783

Inventories
600

Other current assets
3,504

Fixed assets
1,229,807

Intangible assets
79,416

Equity investees
353,841

Accounts payable
(6,464
)
Accrued liabilities
(15,017
)
Other long-term liabilities
(163,513
)
Noncontrolling interest
6,471

Total purchase price
$
1,518,515

Selected Financial Information
The following table presents selected financial information included in our Consolidated Financial Statements for the periods presented:
 
Three Months Ended September 30, 2015
 
Nine Months Ended September 30, 2015
Revenues
$
44,713

 
$
44,713

Net income
$
24,471

 
$
24,471

Schedule of Pro Forma Financial Information
The table below presents selected unaudited pro forma financial information incorporating the historical results of our newly acquired offshore pipeline transportation assets. The pro forma financial information below has been prepared as if the acquisition had been completed on January 1, 2014 and is based upon assumptions deemed appropriate by us and may not be indicative of actual results. This pro forma information was prepared using historical financial data of the Enterprise offshore pipelines and services businesses and reflects certain estimates and assumptions made by our management. Our unaudited pro forma financial information is not necessarily indicative of what our consolidated financial results would have been had the Enterprise acquisition been completed on January 1, 2014.
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
Pro forma consolidated financial operating results:
2015
 
2014
 
2015
 
2014
Revenues
$
590,994

 
$
1,049,349

 
$
1,930,978

 
$
3,205,331

Net Income Attributable to Genesis Energy L.P.
$
372,548

 
$
38,573

 
$
392,988

 
$
91,466

Basic and diluted earnings per unit:
 
 
 
 
 
 
 
As reported net income per unit
$
3.38

 
$
0.33

 
3.93

 
$
0.90

Pro forma net income per unit
$
3.39

 
$
0.39

 
$
3.63

 
$
0.92

American Phoenix Acquisition [Member]  
Business Acquisition [Line Items]  
Schedule of Purchase Price Allocation
The allocation of the purchase price, as presented on our Consolidated Balance Sheet, is summarized as follows:
Property and equipment
$
125,000

Intangible assets
32,000

Total purchase price
$
157,000

Selected Financial Information
The following table presents selected financial information included in our Consolidated Financial Statements for the periods presented:
 
Three Months Ended
September 30, 2015
 
Nine Months Ended
September 30, 2015
Revenues
$
5,637

 
$
16,859

Net income
$
1,381

 
$
4,052

Schedule of Pro Forma Financial Information
The table below presents selected unaudited pro forma financial information incorporating the historical results of our M/T American Phoenix. The pro forma financial information below has been prepared as if the acquisition had been completed on January 1, 2014 and is based upon assumptions deemed appropriate by us and may not be indicative of actual results. Depreciation expense for the fixed assets acquired is calculated on a straight-line basis over an estimated useful life of approximately 30 years.
 
Three Months Ended
September 30, 2014
 
Nine Months Ended
September 30, 2014
Pro forma consolidated financial operating results:
 
 
 
Revenues
$
969,127

 
$
3,013,597

Net Income
$
30,471

 
$
84,022