Properties and Equipment

12 Months Ended

Dec. 31, 2014

Property, Plant and Equipment [Abstract]

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



	December 31, 2014		December 31, 2013
	(In thousands)
Pipelines, terminals and tankage	$	1,137,157	$	1,077,037
Land and right of way	64,458		63,425
Construction in progress	56,228		50,454
Other	22,636		19,997
	1,280,479		1,210,913
Less accumulated depreciation	300,000		253,099
	$	980,479	$	957,814

We capitalized $1.5 million and $0.6 million in interest related to construction projects during the years ended December 31, 2014 and 2013, respectively.

Depreciation expense was $54.7 million, $58.1 million, and $50.1 million for the years ended December 31, 2014, 2013 and 2012, respectively, and includes depreciation of assets acquired under capital leases. Asset abandonment charges of $1.9 million, $6.2 million and $4.8 million for assets permanently removed from service were included in depreciation expense for the years ended December 31, 2014, 2013 and 2012, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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