REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables)

9 Months Ended

Sep. 30, 2022

REVENUE FROM CONTRACTS WITH CUSTOMERS

Revenue disaggregated by category (in thousands)

The following table provides details of our revenue disaggregated by category of revenue (in thousands):

	Three months ended				Nine months ended
	September 30,				September 30,
	2022		2021		2022		2021
Terminaling services fees:
Firm commitments (ASC 842 revenue)	$	45,652	$	46,490	$	136,419	$	140,006
Firm commitments (ASC 606 revenue)		9,840		9,281		28,072		27,286
Total firm commitments revenue		55,492		55,771		164,491		167,292
Ancillary revenue (ASC 606 revenue)		18,404		13,050		51,235		37,887
Ancillary revenue (ASC 842 revenue)		587		326		1,448		1,457
Total ancillary revenue		18,991		13,376		52,683		39,344
Total terminaling services fees		74,483		69,147		217,174		206,636
Product sales (ASC 606 revenue)		100,840		70,083		280,714		168,172
Management fees (ASC 606 revenue)		2,990		2,817		8,997		8,480
Management fees (ASC 842 revenue)		360		337		1,053		996
Total management fees		3,350		3,154		10,050		9,476
Pipeline transportation fees (ASC 842 revenue)		—		—		—		638
Total revenue	$	178,673	$	142,384	$	507,938	$	384,922

Schedule of estimated future ASC 606 revenue by segment (in thousands)

The following table includes our estimated future revenue associated with our firm commitments under terminaling services fees which is expected to be recognized as ASC 606 revenue in the specified period related to our future performance obligations as of the end of the reporting period (in thousands):

Estimated Future ASC 606 Revenue by Segment

	Gulf Coast		Midwest		Brownsville		River		Southeast		West Coast		Central
	Terminals		Terminals		Terminals		Terminals		Terminals		Terminals		Services		Total
2022 (remainder of the year)	$	1,245	$	222	$	737	$	276	$	2,126	$	4,562	$	—	$	9,168
2023		1,802		514		2,247		546		6,085		8,813		—		20,007
2024		—		40		2,232		—		4,870		174		—		7,316
2025		—		—		2,232		—		4,870		—		—		7,102
2026		—		—		546		—		4,833		—		—		5,379
Thereafter		—		—		—		—		4,003		—		—		4,003
Total estimated future ASC 606 revenue	$	3,047	$	776	$	7,994	$	822	$	26,787	$	13,549	$	—	$	52,975

Schedule of estimated future ASC 842 revenue (in thousands)

Years ending December 31:
2022 (remainder of the year)	$	44,665
2023		151,318
2024		105,478
2025		77,548
2026		57,702
Thereafter		469,623
Total estimated future ASC 842 revenue	$	906,334

Schedule of trade accounts receivable

	Contracts under
	ASC 606		ASC 842			Total
Trade accounts receivable at December 31, 2021	$	12,792	$	7,236	$	20,028
Trade accounts receivable at September 30, 2022	$	25,630	$	9,649	$	35,279

Schedule of long-term customer receivables

	Contracts under
	ASC 606		ASC 842			Total
Long-term customer receivables at December 31, 2021	$	—	$	536	$	536
Long-term customer receivables at September 30, 2022	$	—	$	23	$	23

Schedule of changes in contract liabilities

	Contracts under
	ASC 606		ASC 842		Total
Contract liabilities at December 31, 2021	$	1,301	$	12,605	$	13,906
Contract liabilities at September 30, 2022	$	1,658	$	10,905	$	12,563