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Equity Investees (Tables)
6 Months Ended
Jun. 30, 2017
Equity Method Investments and Joint Ventures [Abstract]  
Consolidated Financial Statements Related To Equity Investees
The following table presents information included in our Unaudited Condensed Consolidated Financial Statements related to our equity investees.
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2017
 
2016
 
2017
 
2016
Genesis’ share of operating earnings
$
14,368

 
$
16,139

 
$
29,645

 
$
30,837

Amortization of excess purchase price
(3,942
)
 
(3,982
)
 
(7,884
)
 
(7,963
)
Net equity in earnings
$
10,426

 
$
12,157

 
$
21,761

 
$
22,874

Distributions received
$
19,566

 
$
23,298

 
$
40,191

 
$
44,629

Schedule Of Balance Sheet Information For Equity Investees
The following tables present the unaudited balance sheet and income statement information (on a 100% basis) for Poseidon Oil Pipeline Company (which is our most significant equity investment):
 
June 30,
2017
 
December 31,
2016
BALANCE SHEET DATA:
 
 
 
Assets
 
 
 
Current assets
$
16,907

 
$
17,111

Fixed assets, net
224,996

 
232,736

Other assets
1,287

 
861

Total assets
$
243,190

 
$
250,708

Liabilities and equity
 
 
 
Current liabilities
$
20,876

 
$
20,727

Other liabilities
227,762

 
219,644

Equity
(5,448
)
 
10,337

Total liabilities and equity
$
243,190

 
$
250,708

Schedule Of Operations For Equity Investees
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2017
 
2016
 
2017
 
2016
INCOME STATEMENT DATA:
 
 
 
 
 
 
 
Revenues
$
28,501

 
$
31,010

 
$
57,406

 
$
59,439

Operating income
$
20,038

 
$
23,527

 
$
40,825

 
$
45,059

Net income
$
18,580

 
$
22,385

 
$
38,015

 
$
42,749