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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Revenues:    
Affiliates $ 71,832 $ 61,512
Third parties 15,172 12,786
Total revenues 87,004 74,298
Operating costs and expenses:    
Operations (exclusive of depreciation and amortization) 22,812 25,865
Depreciation and amortization 15,588 14,154
General and administrative 3,151 3,232
Total operating costs and expenses 41,551 43,251
Operating income 45,453 31,047
Other income (expense):    
Equity in earnings of SLC Pipeline 522 657
Interest expense (10,454) (12,484)
Interest income 3 103
Loss on early extinguishment of debt (7,677) 0
Gain on sale of assets 0 2,022
Other Income (Expense) 8 0
Total other income (expense) (17,598) (9,702)
Income before income taxes 27,855 21,345
State income tax expense (75) (56)
Net Income 27,780 21,289
Allocation of Net Income Attributable to Noncontrolling Interest (3,637) (2,890)
Net income attributable to Holly Energy Partners 24,143 18,399
General partner interest in net income, including incentive distributions (8,001) (6,231)
Limited partners’ interest in net income $ 16,142 $ 12,168
Limited partners’ per unit interest in earnings—basic and diluted: $ 0.27 $ 0.21
Weighted average limited partners’ units outstanding 58,657 56,990