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Consolidated Statements Of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Income Statement [Abstract]        
Transportation and terminals revenue $ 392,240 $ 384,901 $ 762,315 $ 738,713
Product sales revenue [1] 123,689 109,969 270,251 283,096
Affiliate management fee revenue 2,968 3,558 6,147 6,921
Total revenue 518,897 498,428 1,038,713 1,028,730
Costs and expenses:        
Operating 134,162 142,318 257,395 249,025
Cost of product sales [1] 95,703 94,507 209,288 230,686
Depreciation and amortization 43,302 40,440 87,056 82,137
General and administrative 34,542 37,942 75,416 73,440
Total costs and expenses 307,709 315,207 629,155 635,288
Earnings of non-controlled entities 15,339 24,542 32,967 34,132
Operating profit 226,527 207,763 442,525 427,574
Interest expense 48,686 40,396 92,410 77,590
Interest income (404) (334) (765) (683)
Interest capitalized (7,130) (2,946) (13,266) (5,053)
Gain on exchange of interest in non-controlled entity (1,244) 0 (28,144) 0
Other income (1,925) (6,539) (4,195) (6,260)
Income before provision for income taxes 188,544 177,186 396,485 361,980
Provision for income taxes 685 (205) 1,556 953
Net income $ 187,859 $ 177,391 $ 394,929 $ 361,027
Basic net income per limited partner unit $ 0.82 $ 0.78 $ 1.73 $ 1.59
Diluted net income per limited partner unit $ 0.82 $ 0.78 $ 1.73 $ 1.59
Weighted average number of limited partner units outstanding used for basic net income per unit calculation(1) [2] 227,952 227,631 227,889 227,578
Weighted average number of limited partner units outstanding used for diluted net income per unit calculation(1) [2] 227,983 227,631 227,921 227,578
[1] Includes gains (losses) on related NYMEX contracts. See Note 8–Derivative Financial Instruments.
[2] See Note 10–Long-Term Incentive Plan for additional information regarding our weighted average unit calculations.