Equity Investees (Tables)

3 Months Ended

Mar. 31, 2023

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,
	2023		2022
Genesis’ share of operating earnings	$	21,119	$	16,010
Amortization of differences attributable to Genesis’ carrying value of equity investments	(3,566)		(3,566)
Net equity in earnings	$	17,553	$	12,444
Distributions received(1)	$	23,834	$	19,018

(1) Includes distributions attributable to the period and received during or within 15 days following the period.

Schedule of Balance Sheet Information for Equity Investees

The following tables present the unaudited balance sheets and statements of operations information (on a 100% basis) for Poseidon Oil Pipeline Company, L.L.C. (“Poseidon”) (which we own 64% of and is our most significant equity investment):

	March 31, 2023		December 31, 2022
BALANCE SHEETS DATA:
Assets
Current assets	$	22,904	$	27,878
Fixed assets, net	147,223		147,505
Other assets	13,760		13,419
Total assets	$	183,887	$	188,802
Liabilities and equity
Current liabilities	$	217,582	$	10,087
Other liabilities	27,727		236,813
Equity (Deficit)	(61,422)		(58,098)
Total liabilities and equity	$	183,887	$	188,802

Schedule Of Operations For Equity Investees

	Three Months Ended March 31,
	2023		2022
STATEMENTS OF OPERATIONS DATA:
Revenues	$	40,895	$	31,189
Operating income	$	31,951	$	21,953
Net income	$	28,676	$	20,907