XML 101 R83.htm IDEA: XBRL DOCUMENT v3.3.1.900
Business Segment Information (Reconciliation Of Segment Margin To (Loss) Income) (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Nov. 13, 2014
Segment Reporting Information [Line Items]                
Capital Expenditures [1]         $ 2,007,611 $ 644,548 $ 704,205  
Segment margin [2]         476,585 347,264 280,360  
Corporate general and administrative expenses         (61,370) (47,065) (43,353)  
Depreciation and amortization         150,140 90,908 64,784  
Interest expense         (100,596) (66,639) (48,583)  
Distributable cash from equity investees in excess of equity in earnings         (43,018) (31,093) (23,889) [3]  
Non-cash items not included in segment margin         4,227 3,017 (7,551)  
Cash payments from direct financing leases in excess of earnings         (5,685) (5,529) (5,110)  
Gain on basis step up on historical interest         332,380 0 0  
Gains (Losses) on Extinguishment of Debt     $ (19,225)   (19,225) 0 0  
Other, Net Items Included in Segment Margin         (6,643) 0 2,105  
Income tax expense         (3,987) (2,845) (845) [4]  
Discontinued Operations for Segment Margin Reconciliation         0 0 (2,241)  
NET INCOME ATTRIBUTABLE TO GENESIS ENERGY, L.P. $ 27,434 $ 363,214 $ 11,665 $ 20,215 422,528 106,202 86,109  
Pipeline Transportation [Member]                
Segment Reporting Information [Line Items]                
Capital Expenditures         235,069 46,611 130,787 [1]  
Segment margin         58,919 61,231 $ 64,349 [2]  
SEKCO [Member] | Pipeline Transportation [Member]                
Segment Reporting Information [Line Items]                
Capital Expenditures         $ 2,500 $ 36,100    
American Phoenix Acquisition [Member]                
Segment Reporting Information [Line Items]                
Business Acquisition, Transaction Costs               $ 157,000
[1] Capital expenditures include maintenance and growth capital expenditures, such as fixed asset additions (including enhancements to existing facilities and construction of growth projects) as well as acquisitions of businesses and contributions to equity investees related to same. In addition to construction of growth projects, capital spending in our offshore pipeline transportation segment included $1.5 billion during the year ended December 31, 2015 to fund our Enterprise acquisition. Capital spending in this segment also included $2.5 million and $36.1 million during the years ended December 31, 2015 and December 31, 2014 representing capital contributions to our SEKCO pipeline to fund our share of the construction costs for its pipeline (as prior to our Enterprise acquisition in July 2015, we owned a 50% interest in the SEKCO pipeline with Enterprise owning the remaining 50%). During 2014, capital spending in our marine transportation segment included $157 million for our purchase of the M/T American Phoenix. During 2013, capital spending in our marine segment also included $230.9 million for the acquisition of our offshore marine transportation assets.
[2] A reconciliation of Segment Margin to net income attributable to Genesis Energy, L.P. for each year is presented below.
[3] (1) Includes distributions attributable to the quarter and received during or promptly following such quarter.
[4] (1)Our discontinued operations had no income tax benefit or expense in any period presented.