CREDIT FACILITY	3 Months Ended
Mar. 31, 2012
CREDIT FACILITY [Abstract]
CREDIT FACILITY	CREDIT FACILITY Our revolving credit facility matures on July 12, 2012 and has a borrowing capacity of up to $30.0 million, of which, up to $10.0 million may be available for letters of credit (2010 Credit Facility). As of March 31, 2012, we had outstanding borrowings of $16.0 million and availability of $14.0 million for borrowings under the 2010 Credit Facility. Interest on the 2010 Credit Facility is based upon, at our option, either an alternative base rate or a LIBOR-based rate, which was 2.0% as of March 31, 2012. The terms of the 2010 Credit Facility require NuStar Energy to maintain, as of the end of any four consecutive quarters, a consolidated debt coverage ratio not to exceed 5.0-to-1.0. As of March 31, 2012, NuStar Energy’s consolidated debt coverage ratio was 4.6x. We are also required to receive cash distributions of at least $35.0 million in respect of our ownership interests in NuStar Energy for the preceding four fiscal quarters ending on the last day of each fiscal quarter. Our management believes that we are in compliance with the covenants of the 2010 Credit Facility as of March 31, 2012.

CREDIT FACILITY

3 Months Ended

Mar. 31, 2012

Our revolving credit facility matures on July 12, 2012 and has a borrowing capacity of up to $30.0 million, of which, up to $10.0 million may be available for letters of credit (2010 Credit Facility). As of March 31, 2012, we had outstanding borrowings of $16.0 million and availability of $14.0 million for borrowings under the 2010 Credit Facility. Interest on the 2010 Credit Facility is based upon, at our option, either an alternative base rate or a LIBOR-based rate, which was 2.0% as of March 31, 2012.

The terms of the 2010 Credit Facility require NuStar Energy to maintain, as of the end of any four consecutive quarters, a consolidated debt coverage ratio not to exceed 5.0-to-1.0. As of March 31, 2012, NuStar Energy’s consolidated debt coverage ratio was 4.6x. We are also required to receive cash distributions of at least $35.0 million in respect of our ownership interests in NuStar Energy for the preceding four fiscal quarters ending on the last day of each fiscal quarter. Our management believes that we are in compliance with the covenants of the 2010 Credit Facility as of March 31, 2012.