XML 51 R21.htm IDEA: XBRL DOCUMENT v2.4.1.9
MEMBERS' EQUITY (Tables)
3 Months Ended
Mar. 31, 2015
Members' Equity [Abstract]  
Changes in Members’ Equity
The following table presents changes to our members’ equity (in thousands of dollars):
 
Balance as of December 31, 2014
$
310,836

Net income
26,805

Distributions to unitholders
(23,403
)
Other comprehensive loss
(3,265
)
Unit-based compensation
126

Other
16

Balance as of March 31, 2015
$
311,115

Schedule of Accumulated Other Comprehensive Income (Loss)
The following table presents balances of and changes in accumulated other comprehensive loss by component:
 
Share of NuStar Energy’s Other Comprehensive Loss
 
Pension and Other Postretirement Benefit Plan Adjustments
 
Total
 
(Thousands of Dollars)
Balance as of January 1, 2015
$
(10,082
)
 
$
4,307

 
$
(5,775
)
Other comprehensive loss before reclassification adjustments
(2,991
)
 

 
(2,991
)
Amounts reclassified to general and administrative expenses (a)

 
(274
)
 
(274
)
Other comprehensive loss
(2,991
)
 
(274
)
 
(3,265
)
Balance as of March 31, 2015
$
(13,073
)
 
$
4,033

 
$
(9,040
)
(a)
These amounts are components of net periodic pension cost (income), and NuStar Energy reimburses us for these employee costs. See Note 11 for further details.
Our cash distributions applicable to the period in which the distributions were earned
The following table summarizes our cash distributions applicable to the period in which the distributions were earned:
 
 
Three Months Ended March 31,
 
2015
 
2014
 
(Thousands of Dollars, Except Per Unit Data)
Cash distributions per unit
$
0.545

 
$
0.545

Total cash distributions
$
23,388

 
$
23,248

Distributions Made to Limited Liability Company (LLC) Member, by Distribution
The following table summarizes information related to our quarterly cash distributions:

Quarter Ended
 
Cash Distributions Per Unit
 
Total Cash Distributions
 
Record Date
 
Payment Date
 
 
 
 
(Thousands of Dollars)
 
 
 
 
March 31, 2015 (a)
 
$
0.545

 
$
23,388

 
May 8, 2015
 
May 18, 2015
December 31, 2014
 
$
0.545

 
$
23,403

 
February 9, 2015
 
February 17, 2015
(a)
The distribution was announced on April 22, 2015.