Equity Investees (Tables)

9 Months Ended

Sep. 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 September 30,						Nine Months Ended September 30,
	2017			2016			2017			2016
Genesis’ share of operating earnings	$	16,986		$	16,444		$	46,631		$	47,281
Amortization of excess purchase price	(3,942		)	(3,956		)	(11,826		)	(11,919		)
Net equity in earnings	$	13,044		$	12,488		$	34,805		$	35,362
Distributions received	$	20,180		$	21,551		$	60,371		$	66,180

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):

	September 30, 2017			December 31, 2016
BALANCE SHEET DATA:
Assets
Current assets	$	18,638		$	17,111
Fixed assets, net	221,123			232,736
Other assets	1,282			861
Total assets	$	241,043		$	250,708
Liabilities and equity
Current liabilities	$	20,683		$	20,727
Other liabilities	231,469			219,644
Equity	(11,109		)	10,337
Total liabilities and equity	$	241,043		$	250,708

Schedule of Operations for Equity Investees

	Three Months Ended September 30,				Nine Months Ended September 30,
	2017		2016		2017		2016
INCOME STATEMENT DATA:
Revenues	$	30,597	$	31,219	$	88,003	$	90,658
Operating income	$	22,334	$	23,107	$	63,159	$	68,166
Net income	$	20,739	$	21,921	$	58,754	$	64,670