MEMBERS' EQUITY (Tables)

9 Months Ended

Sep. 30, 2014

The following table presents changes to our members’ equity (in thousands of dollars):



Balance as of December 31, 2013	$	349,986
Net income	47,053
Distributions to unitholders	(69,747		)
Other comprehensive loss	(1,900		)
Unit-based compensation	4,270
Other	(26		)
Balance as of September 30, 2014	$	329,636

The following table presents balances of and changes in accumulated other comprehensive income by component:



	Share of NuStar Energy’s Other Comprehensive (Loss) Income			Pension and Other Postretirement Benefit Plan Adjustments			Total
	(Thousands of Dollars)
Balance as of January 1, 2014	$	(9,417	)	$	18,358		$	8,941
Other comprehensive income before reclassification adjustments	478			—			478
Amounts reclassified from accumulated other comprehensive loss (a)	—			(2,378		)	(2,378		)
Other comprehensive income (loss)	478			(2,378		)	(1,900		)
Balance as of September 30, 2014	$	(8,939	)	$	15,980		$	7,041


(a)	We recognized the net loss reclassified into income as general and administrative expenses. These amounts are components of net periodic pension cost and NuStar Energy reimburses us for these employee costs. See Note 11 for details of our net periodic pension cost.

The following table summarizes our cash distributions applicable to the period in which the distributions were earned:



	Three Months Ended September 30,				Nine Months Ended September 30,
	2014		2013		2014		2013
	(Thousands of Dollars, Except Per Unit Data)
Cash distributions per unit	$	0.545	$	0.545	$	1.635	$	1.635
Total cash distributions	$	23,351	$	23,231	$	69,849	$	69,689

The following table summarizes information related to our quarterly cash distributions:


(a)	The distribution was announced on October 31, 2014.