MEMBERS’ EQUITY

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



Balance as of December 31, 2015	$	287,070
Net income	16,676
Distributions to unitholders	(23,397		)
Other comprehensive loss	(6,718		)
Unit-based compensation	177
Balance as of March 31, 2016	$	273,808

Accumulated Other Comprehensive 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, 2016	$	(13,189	)	$	4,525		$	(8,664	)
Other comprehensive loss before reclassification adjustments	(2,193		)	—			(2,193		)
Amounts reclassified to general and administrative expenses (a)	—			(324		)	(324		)
Employee Transfer (b)	—			(4,201		)	(4,201		)
Other comprehensive loss	(2,193		)	(4,525		)	(6,718		)
Balance as of March 31, 2016	$	(15,382	)	$	—		$	(15,382	)


(a)	These amounts are components of net periodic pension cost (income), and prior to the Employee Transfer on March 1, 2016, NuStar Energy reimbursed us for these employee costs.


(b)	Represents the balance of accumulated other comprehensive loss related to the unrecognized components of net periodic benefit cost (income), net of income tax expense of $2.3 million, that was transferred to NuStar Services Co in connection with the Employee Transfer as described in Notes 3 and 11.

Cash Distributions

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



	Three Months Ended March 31,
	2016		2015
	(Thousands of Dollars, Except Per Unit Data)
Cash distributions per unit	$	0.545	$	0.545
Total cash distributions	$	23,397	$	23,388

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


(a)	The distribution was announced on April 27, 2016.