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Properties and Equipment (Tables)

6 Months Ended

Jun. 30, 2012

Property, Plant and Equipment [Abstract]

The carrying amounts of our properties and equipment are as follows:



	June 30, 2012		December 31, 2011
	(In thousands)
Pipelines and terminals	$	632,736	$	633,095
Land and right of way	27,155		27,149
Other	16,978		16,507
Construction in progress	23,829		14,419
	700,698		691,170
Less accumulated depreciation	168,150		154,745
	$	532,548	$	536,425

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

+ References+ Details