Business Consolidation (Tables)

3 Months Ended

Mar. 31, 2024

Business Combination and Asset Acquisition [Abstract]

Summary of Unaudited Consolidated Balance Sheet and Statements of Operations

The allocation of the purchase price, as presented within our Condensed Consolidated Balance Sheet as of December 31, 2023, is summarized as follows:

Cash and cash equivalents	$	4,332
Accounts receivable - trade, net	231,797
Inventories	19,522
Other current assets	14,203
Fixed assets, at cost	4,000
Right of use assets, net	93,208
Intangible assets, net of amortization	14,992
Other Assets, net of amortization	400
Accounts payable - trade(1)	(228,106)
Accrued liabilities	(75,224)
Deferred tax liabilities	(1,482)
Other long-term liabilities	(77,642)
Net Assets	$	—

(1)The “Accounts payable - trade” balance above includes $133.4 million of payables to Genesis at December 31, 2022 that eliminated upon consolidation in our Consolidated Balance Sheet.

Schedule of Pro Forma Financial Information

The dilutive effect of our Class A Convertible Preferred Units is calculated using the if-converted method.

	Three Months Ended March 31, 2023
Consolidated financial operating results:
Revenues	$	790,612
Net Loss Attributable to Genesis Energy, L.P.	(1,644)
Net Loss Attributable to Common Unitholders	(25,646)
Basic and diluted loss per common unit:
As reported net loss per common unit	$	(0.21)
Pro forma net loss per common unit	$	(0.21)