Equity Investees (Tables)

3 Months Ended

Mar. 31, 2018

Equity Method Investments and Joint Ventures [Abstract]

Schedule of 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 March 31,
	2018			2017
Genesis’ share of operating earnings	$	14,514		$	15,277
Amortization of excess purchase price	(3,942		)	(3,942		)
Net equity in earnings	$	10,572		$	11,335
Distributions received	$	19,629		$	20,625

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):

	March 31, 2018			December 31, 2017
BALANCE SHEET DATA:
Assets
Current assets	$	13,626		$	18,711
Fixed assets, net	213,472			217,343
Other assets	1,123			1,203
Total assets	$	228,221		$	237,257
Liabilities and equity
Current liabilities	$	17,846		$	17,560
Other liabilities	235,834			237,434
Equity	(25,459		)	(17,737		)
Total liabilities and equity	$	228,221		$	237,257

Schedule of Operations for Equity Investees

	Three Months Ended March 31,
	2018		2017
INCOME STATEMENT DATA:
Revenues	$	28,944	$	28,905
Operating income	$	20,347	$	20,787
Net income	$	18,578	$	19,435