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Equity Investees (Tables)
6 Months Ended
Jun. 30, 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
June 30,
Six Months Ended
June 30,
 2023202220232022
Genesis’ share of operating earnings$18,377 $18,138 $39,496 $34,148 
Amortization of differences attributable to Genesis’ carrying value of equity investments(3,566)(3,566)(7,132)(7,132)
Net equity in earnings$14,811 $14,572 $32,364 $27,016 
Distributions received(1)
$20,678 $18,732 $44,512 $37,750 
(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,” and its pipeline and associated assets, the “Poseidon pipeline”) (which we own 64% of and is our most significant equity investment):
June 30, 2023December 31, 2022
BALANCE SHEETS DATA:
Assets
Current assets$23,888 $27,878 
Fixed assets, net145,726 147,505 
Other assets16,394 13,419 
Total assets$186,008 $188,802 
Liabilities and equity
Current liabilities$11,800 $10,087 
Other liabilities238,917 236,813 
Equity (Deficit)(64,709)(58,098)
Total liabilities and equity$186,008 $188,802 
Schedule Of Operations For Equity Investees
 Three Months Ended
June 30,
Six Months Ended
June 30,
 2023202220232022
STATEMENTS OF OPERATIONS DATA:
Revenues$39,251 $35,380 $80,146 $66,569 
Operating income$29,052 $25,856 $61,003 $47,809 
Net income$25,313 $24,441 $53,989 $45,348