INVESTMENTS IN UNCONSOLIDATED AFFILIATES (Tables)

3 Months Ended

Mar. 31, 2014

INVESTMENTS IN UNCONSOLIDATED AFFILIATES

Summary of investments in unconsolidated affiliates

	Percentage of ownership						Carrying value (in thousands)
	March 31, 2014			December 31, 2013			March 31, 2014		December 31, 2013
BOSTCO		42.5	%		42.5	%	$	203,960	$	186,181
Frontera		50	%		50	%		25,075		25,424
Total investments in unconsolidated affiliates							$	229,035	$	211,605

Schedule of earnings (losses) from investments in unconsolidated affiliates

Earnings (losses) from investments in unconsolidated affiliates were as follows (in thousands):

	Three months ended March 31,
	2014			2013
BOSTCO	$	(80	)	$	—
Frontera		243			40
Total earnings from unconsolidated affiliates	$	163		$	40

Schedule of additional capital investments in unconsolidated affiliates

Additional capital investments in unconsolidated affiliates were as follows (in thousands):

	Three months ended March 31,
	2014		2013
BOSTCO	$	17,972	$	56,897
Frontera		45		66
Total additional capital investments in unconsolidated affiliates	$	18,017	$	56,963

Schedule of cash distributions received from unconsolidated affiliates

Cash distributions received from unconsolidated affiliates were as follows (in thousands):

	Three months ended March 31,
	2014		2013
BOSTCO	$	113	$	—
Frontera		637		178
Total cash distributions received from unconsolidated affiliates	$	750	$	178

Summary of financial information of unconsolidated affiliates

The summarized financial information of our unconsolidated affiliates was as follows (in thousands):

        Balance sheets:

	BOSTCO						Frontera
	March 31, 2014			December 31, 2013			March 31, 2014			December 31, 2013
Current assets	$	28,913		$	30,776		$	4,415		$	4,465
Long-term assets		489,486			458,707			46,892			47,691
Current liabilities		(54,970	)		(66,469	)		(1,157	)		(1,308	)
Long-term liabilities		—			—			—			—
Net assets	$	463,429		$	423,014		$	50,150		$	50,848

        Statements of comprehensive income (loss):

	BOSTCO Three months ended March 31,					Frontera Three months ended March 31,
	2014			2013		2014			2013
Operating revenue	$	8,337		$	—	$	3,045		$	2,890
Operating expenses		(8,455	)		—		(2,559	)		(2,810	)
Net earnings (loss) and comprehensive income (loss)	$	(118	)	$	—	$	486		$	80