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Fixed Assets (Tables)
6 Months Ended
Jun. 30, 2016
Fixed Assets And Asset Retirement Obligations [Abstract]  
Schedule Of Fixed Assets
Fixed assets consisted of the following:
 
 
June 30,
2016
 
December 31,
2015
Crude oil pipelines and natural gas pipelines and related assets
$
2,657,642

 
$
2,501,821

Machinery and equipment
418,013

 
414,100

Transportation equipment
18,991

 
19,025

Marine vessels
821,895

 
794,508

Land, buildings and improvements
49,431

 
41,202

Office equipment, furniture and fixtures
9,347

 
7,540

Construction in progress
566,804

 
485,575

Other
46,915

 
46,455

Fixed assets, at cost
4,589,038

 
4,310,226

Less: Accumulated depreciation
(463,244
)
 
(378,247
)
Net fixed assets
$
4,125,794

 
$
3,931,979

Depreciation Expense
Our depreciation expense for the periods presented was as follows:
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2016
 
2015
 
2016
 
2015
Depreciation expense
$
48,807

 
$
22,512

 
$
88,519

 
$
44,549

Schedule of Change in Asset Retirement Obligation
The following table presents information regarding our AROs since December 31, 2015:
ARO liability balance, December 31, 2015
$
188,662

AROs arising from the purchase of the remaining interest in Deepwater Gateway
10,470

AROs from the consolidation of historical interest in Deepwater Gateway
10,470

Accretion expense
5,079

Change in estimate
4,590

Settlements
(2,071
)
ARO liability balance, June 30, 2016
$
217,200

Schedule of Asset Retirement Obligations
With respect to our AROs, the following table presents our forecast of accretion expense for the periods indicated:
Remainder of
2016
$
5,473

 
2017
$
9,900

 
2018
$
8,204

 
2019
$
8,731

 
2020
$
9,293