XML 101 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Cash Flows from Operating Activities:      
Net income $ 2,128 $ 69,636 $ 72,463
Adjustments to reconcile net income to net cash provided by operating activities:      
Equity in loss (earnings) of NuStar Energy L.P. 4,578 (65,783) (66,859)
Distributions of equity in earnings from NuStar Energy L.P. 0 65,783 66,859
Gain related to NuStar Energy L.P.'s issuance of limited partner units (10,689) (8,074) (7,767)
Loss (gain) on sale of NuStar Energy L.P. limited partner units in connection with unit-based compensation 888 754 (1,708)
Benefit for deferred income tax (443) (264) (2,483)
Changes in current assets and liabilities (Note 9) (3,638) (584) 17,277
Decrease (increase) in other assets 0 1,189 (1,096)
Increase in long-term receivable from related party (3,278) (4,414) (2,425)
Increase (decrease) in long-term liabilities 12,528 5,621 (2,661)
Other, net 471 466 225
Net cash provided by operating activities 2,545 64,330 71,825
Cash Flows from Investing Activities:      
Distributions in excess of equity in earnings from NuStar Energy L.P. 92,628 20,323 15,567
Investment in NuStar Energy L.P. (18,005) (17,031) (22,416)
Proceeds from sale of NuStar Energy L.P. units in connection with unit-based compensation 8,552 10,894 15,846
Net cash provided by investing activities 83,175 14,186 8,997
Cash Flows from Financing Activities:      
Proceeds from short-term debt borrowings 21,000 6,000 5,200
Repayment of short-term debt (17,500) (5,500) (3,500)
Distributions to unitholders (88,345) (82,966) (77,589)
Other, net 368 0 0
Net cash used in financing activities (84,477) (82,466) (75,889)
Net increase (decrease) in cash and cash equivalents 1,243 (3,950) 4,933
Cash and cash equivalents at the beginning of the period 1,354 5,304 371
Cash and cash equivalents at the end of the period $ 2,597 $ 1,354 $ 5,304