INVESTMENTS IN UNCONSOLIDATED AFFILIATES (Tables)

12 Months Ended

Dec. 31, 2019

INVESTMENTS IN UNCONSOLIDATED AFFILIATES

Summary of investments in unconsolidated affiliates

	Percentage of				Carrying value
	ownership				(in thousands)
	December 31,		December 31,		December 31,		December 31,
	2019		2018		2019		2018
BOSTCO	42.5	%	42.5	%	$	201,743	$	203,005
Frontera	50	%	50	%		23,682		24,026
Total investments in unconsolidated affiliates					$	225,425	$	227,031

Schedule of earnings from investments in unconsolidated affiliates (in thousands)

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

	Year ended		Year ended		Year ended
	December 31,		December 31,		December 31,
	2019		2018		2017
BOSTCO	$	2,356	$	5,767	$	3,543
Frontera		2,538		3,085		3,528
Total earnings from investments in unconsolidated affiliates	$	4,894	$	8,852	$	7,071

Schedule of additional capital investments in unconsolidated affiliates (in thousands)

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

	Year ended		Year ended		Year ended
	December 31,		December 31,		December 31,
	2019		2018		2017
BOSTCO	$	4,707	$	—	$	145
Frontera		225		1,413		2,000
Additional capital investments in unconsolidated affiliates	$	4,932	$	1,413	$	2,145

Schedule of cash distributions received from unconsolidated affiliates (in thousands)

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

	Year ended		Year ended		Year ended
	December 31,		December 31,		December 31,
	2019		2018		2017
BOSTCO	$	8,325	$	12,135	$	12,256
Frontera		3,107		4,280		4,872
Cash distributions received from unconsolidated affiliates	$	11,432	$	16,415	$	17,128

Summary of financial information of unconsolidated affiliates (in thousands)

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

Balance sheets:

	BOSTCO				Frontera
	December 31,		December 31,		December 31,		December 31,
	2019		2018		2019		2018
Current assets	$	12,478	$	19,299	$	4,870	$	5,866
Long-term assets		464,085		455,984		44,344		45,115
Current liabilities		(13,607)		(12,471)		(1,850)		(2,845)
Long-term liabilities		(6,036)		(1,259)		—		(84)
Net assets	$	456,920	$	461,553	$	47,364	$	48,052

Statements of income:

	BOSTCO						Frontera
	Year ended						Year ended
	December 31,						December 31,
	2019		2018		2017		2019		2018		2017
Revenue	$	60,751	$	66,288	$	66,235	$	20,076	$	24,017	$	22,193
Expenses		(54,033)		(51,993)		(55,687)		(15,000)		(17,847)		(15,137)
Net income	$	6,718	$	14,295	$	10,548	$	5,076	$	6,170	$	7,056