Equity Investees (Tables)

9 Months Ended

Sep. 30, 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 September 30,						Nine Months Ended September 30,
	2018			2017			2018			2017
Genesis’ share of operating earnings	$	13,364		$	16,986		$	40,144		$	46,631
Amortization of excess purchase price	$	(3,872	)	(3,942		)	(11,756		)	(11,826		)
Net equity in earnings	$	9,492		$	13,044		$	28,388		$	34,805
Distributions received	$	17,044		$	20,180		$	55,034		$	60,371

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, 2018			December 31, 2017
BALANCE SHEET DATA:
Assets
Current assets	$	15,895		$	18,711
Fixed assets, net	205,785			217,343
Other assets	966			1,203
Total assets	$	222,646		$	237,257
Liabilities and equity
Current liabilities	$	17,644		$	17,560
Other liabilities	243,608			237,434
Equity	(38,606		)	(17,737		)
Total liabilities and equity	$	222,646		$	237,257

Schedule of Operations for Equity Investees

	Three Months Ended September 30,				Nine Months Ended September 30,
	2018		2017		2018		2017
INCOME STATEMENT DATA:
Revenues	$	27,768	$	30,597	$	83,962	$	88,003
Operating income	$	17,772	$	22,334	$	57,444	$	63,159
Net income	$	15,721	$	20,739	$	51,731	$	58,754