MEMBERS' EQUITY

3 Months Ended

Mar. 31, 2017

Members' Equity [Abstract]

MEMBERS' EQUITY

MEMBERS’ EQUITY

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

Balance as of January 1, 2017	$	243,788
Net income	16,992
Distributions to unitholders	(23,408		)
Share of NuStar Energy’s other comprehensive income	560
Unit-based compensation expense	152
Balance as of March 31, 2017	$	238,084

Cash Distributions

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

	Three Months Ended March 31,
	2017		2016
	(Thousands of Dollars, Except Per Unit Data)
Cash distributions per unit	$	0.545	$	0.545
Total cash distributions	$	23,409	$	23,397

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, 2017 (a)	$	0.545	$	23,409	May 8, 2017	May 16, 2017
December 31, 2016	$	0.545	$	23,408	February 8, 2017	February 15, 2017

(a) The distribution was announced on April 24, 2017.