XML 49 R25.htm IDEA: XBRL DOCUMENT v3.6.0.2
Acquisitions (Tables)
 12 Months Ended
Dec. 31, 2016
Business Combinations [Abstract]  
Business Combination, Separately Recognized Transactions
The following table presents lines in our previously reported balance sheet as of December 31, 2015, that were impacted by Predecessor transactions, and retrospectively adjusts for the acquisitions of the Tulsa Tanks and Woods Cross Operating. The assets and liabilities of El Dorado Operating are included in our previously reported balance sheet as of December 31, 2015.

 
 
Balance at December 31, 2015
 
 
Holly Energy Partners, L.P.(Previously reported)
 
Tulsa Tanks
 
Woods Cross Operating
 
Holly Energy Partners, L.P. (Currently reported)
 
 
(In Thousands)
Properties and equipment, net
 
$
1,049,870

 
$
9,309

 
$
233,881

 
$
1,293,060

Other long-term liabilities
 
20,675

 
69

 
—

 
20,744

General partner interest (2% interest)
 
(139,537
)
 
9,240

 
233,881

 
103,584
Predecessor Costs
 
 
Year Ended December 31, 2015
 
 
Holly Energy Partners, L.P.(Previously reported)
 
Tulsa Tanks
 
Woods Cross Operating
 
Holly Energy Partners, L.P. (Currently reported)
 
 
(In Thousands)
Operating costs and expenses:
 
 
 
 
 
 
 
 
       Operations (exclusive of depreciation and
       amortization)
 
$
103,308

 
$
411

 
$
1,837

 
$
105,556

       Depreciation and amortization
 
62,852

 
454

 
—

 
63,306

Allocation of net loss attributable to predecessor
 
—

 
865

 
1,837

 
2,702


 
 
Year Ended December 31, 2014
 
 
Holly Energy Partners, L.P.(Previously reported)
 
Tulsa Tanks
 
Woods Cross Operating
 
Holly Energy Partners, L.P. (Currently reported)
 
 
(In Thousands)
Operating costs and expenses:
 
 
 
 
 
 
 
 
       Operations (exclusive of depreciation and
       amortization)
 
$
104,801

 
$
679

 
$
705

 
$
106,185

       Depreciation and amortization
 
62,166

 
363

 
—

 
62,529

Allocation of net loss attributable to predecessor
 
—

 
1,042

 
705

 
1,747
Acquisition cash flows [Table Text Block]
There was no change to the total previously reported cash flows for the years ended December 31, 2015 and 2014 for El Dorado Operating, although the presentation was changed as shown in the tables below.

 
 
Year Ended December 31, 2015
 
 
Holly Energy Partners, L.P.(Previously reported)
 
Reclassifications
 
Tulsa Tanks
 
Woods Cross Operating
 
Holly Energy Partners, L.P.
(Currently reported)
Cash flows from operating activities
 
(In Thousands)
Net income
 
$
148,328

 
$
—

 
$
(865
)
 
$
(1,837
)
 
$
145,626

Depreciation and amortization
 
62,852

 
—

 
454

 
—

 
63,306

Net cash provided by operating activities
 
$
232,994

 
$
—

 
$
(411
)
 
$
(1,837
)
 
$
230,746

 
 
 
 
 
 
 
 
 
 
 
Cash flows from investing activities
 
 
 
 
 
 
 
 
 
 
Additions to properties and equipment
 
(67,016
)
 
27,623

 
—

 
—

 
(39,393
)
Acquisition of tanks and operating units
 
(27,500
)
 
(27,623
)
 
(513
)
 
(98,092
)
 
(153,728
)
Net cash used for investing activities
 
$
(148,075
)
 
$
—

 
$
(513
)
 
$
(98,092
)
 
$
(246,680
)
 
 
 
 
 
 
 
 
 
 
 
Cash flows from financing activities
 
 
 
 
 
 
 
 
 
 
Contributions from HFC for acquisitions
 
27,623

 
—

 
924

 
99,929

 
128,476

Net cash provided (used) by financing activities
 
$
(72,736
)
 
$
—

 
$
924

 
$
99,929

 
$
28,117


 
 
Year Ended December 31, 2014
 
 
Holly Energy Partners, L.P.(Previously reported)
 
Reclassifications
 
Tulsa Tanks
 
Woods Cross Operating
 
Holly Energy Partners, L.P.
(Currently reported)
Cash flows from operating activities
 
(In Thousands)
Net Income
 
$
113,813

 
$
—

 
$
(1,042
)
 
$
(705
)
 
$
112,066

Depreciation and amortization
 
62,166

 
—

 
363

 
—

 
62,529

Net cash provided by operating activities
 
$
186,640

 
$
—

 
$
(679
)
 
$
(705
)
 
$
185,256

 
 
 
 
 
 
 
 
 
 
 
Cash flows from investing activities
 
 
 
 
 
 
 
 
 
 
Additions to properties and equipment
 
(109,693
)
 
29,734

 
—

 
—

 
(79,959
)
Acquisition of tanks and operating units
 
—

 
(29,734
)
 
(2,225
)
 
(86,768
)
 
(118,727
)
Net cash used for investing activities
 
$
(109,430
)
 
$
—

 
$
(2,225
)
 
$
(86,768
)
 
$
(198,423
)
 
 
 
 
 
 
 
 
 
 
 
Cash flows from financing activities
 
 
 
 
 
 
 
 
 
 
Contributions from HFC for acquisitions
 
29,734

 
—

 
2,904

 
87,473

 
120,111

Net cash provided (used) by financing activities
 
$
(80,732
)
 
$
—

 
$
2,904

 
$
87,473

 
$
9,645