Business Segment Information (Tables)

12 Months Ended

Dec. 31, 2020

Segment information for each year presented below is as follows:


	Offshore Pipeline Transportation		Sodium Minerals & Sulfur Services		Onshore Facilities & Transportation		Marine Transportation		Total
Year Ended December 31, 2020
Segment Margin (a)	$	270,078	$	130,083	$	147,254	$	60,058	$	607,473
Capital expenditures (b)	$	13,323	$	95,511	$	4,133	$	31,357	$	144,324
Revenues:
External customers	$	237,123	$	886,078	$	500,420	$	201,034	$	1,824,655
Intersegment (c)	23		(8,309)		(938)		9,224		$	—
Total revenues of reportable segments	$	237,146	$	877,769	$	499,482	$	210,258	$	1,824,655
Year Ended December 31, 2019
Segment Margin (a)	$	320,023	$	223,908	$	111,412	$	57,919	$	713,262
Capital expenditures (b)	$	17,809	$	107,837	$	6,576	$	40,820	$	173,042
Revenues:
External customers	$	318,116	$	1,113,623	$	824,148	$	224,933	$	2,480,820
Intersegment (c)	—		(7,636)		(3,076)		10,712		$	—
Total revenues of reportable segments	$	318,116	$	1,105,987	$	821,072	$	235,645	$	2,480,820
Year Ended December 31, 2018
Segment Margin (a)	$	285,014	$	260,488	$	119,918	$	47,338	$	712,758
Capital expenditures (b)	$	4,703	$	74,712	$	51,110	$	30,868	$	161,393
Revenues:
External customers	$	284,544	$	1,181,578	$	1,240,382	$	206,266	$	2,912,770
Intersegment (c)	—		(7,144)		(6,527)		13,671		$	—
Total revenues of reportable segments	$	284,544	$	1,174,434	$	1,233,855	$	219,937	$	2,912,770

Total assets by reportable segment were as follows:


	December 31, 2020		December 31, 2019		December 31, 2018
Offshore pipeline transportation	$	2,187,083	$	2,306,946	$	2,359,013
Sodium minerals and sulfur services	1,962,146		2,019,905		1,844,845
Onshore facilities and transportation	1,035,662		1,457,190		1,431,910
Marine transportation	711,058		772,383		800,243
Other assets	37,670		41,217		43,060
Total consolidated assets	$	5,933,619	$	6,597,641	$	6,479,071

(a) A reconciliation of total Segment Margin to net income (loss) attributable to Genesis Energy, L.P. for each year is presented below.

(b) Capital expenditures include maintenance and growth capital expenditures, such as fixed asset additions (including enhancements to existing facilities and construction of growth projects) as well as contributions to equity investees, if any.

(c) Intersegment sales were conducted under terms that we believe were no more or less favorable than then-existing market conditions.

Schedule of Reconciliation of Segment Margin To (Loss) Income Before Income Taxes

Reconciliation of total Segment Margin to net income (loss) attributable to Genesis Energy, L.P.:


	Year Ended December 31,
	2020		2019		2018
Total Segment Margin	$	607,473	$	713,262	$	712,758
Corporate general and administrative expenses	(51,457)		(52,755)		(64,683)
Depreciation, depletion, amortization and accretion	(302,602)		(308,115)		(317,186)
Interest expense	(209,779)		(219,440)		(229,191)
Adjustment to exclude distributable cash generated by equity investees not included in income and include equity in investees net income (1)	(17,042)		(20,847)		(28,088)
Non-cash items not included in Segment Margin	(5,847)		(14,642)		9,698
Distributions from unrestricted subsidiaries not included in income (2)	(70,490)		(8,421)		(7,633)

Cancellation of debt income (Note 10)	27,302		—		—
Loss on extinguishment of debt (Note 10)	(31,730)		—		(3,339)
Differences in timing of cash receipts for certain contractual arrangements (3)	(40,848)		8,478		6,629
(Loss) gain on sales of assets (Note 7)	(22,045)		—		42,264

Non-cash provision for leased items no longer in use	(1,347)		1,367		476
Income tax expense	(1,327)		(655)		(1,498)
Redeemable noncontrolling interest redemption value adjustments(4)	(16,113)		(2,233)		—
Impairment expense (Note 7)	(280,826)		—		(126,282)
Net income (loss) attributable to Genesis Energy, L.P.	$	(416,678)	$	95,999	$	(6,075)

(1) Includes distributions attributable to the period and received during or promptly following such period.

(2) 2020 includes cash payments received from our NEJD pipeline of $48.0 million not included in income and distributions from our Free State pipeline of $22.5 million not included in income, both of which are defined as unrestricted subsidiaries under our senior secured credit agreement. 2019 and 2018 include cash payments received from our NEJD pipeline of $8.4 and $7.6 million not included in income, respectively.

(3) Includes the difference in timing of cash receipts from customers during the period and the revenue we recognize in accordance with GAAP on our related contracts.

(4) Includes distributions paid in kind attributable to the period and accretion on the redemption feature.