Long-Term Obligations and Notes Payable (Tables)

3 Months Ended

Mar. 31, 2017

Long-Term Obligations and Notes Payable [Abstract]

Schedule of Long-term Debt Instruments [Table Text Block]

Outstanding borrowings under Delek’s existing debt instruments are as follows (in millions):

	March 31, 2017		December 31, 2016
DKL Revolver	$	392.0	$	392.6
Wells Term Loan(1)	57.7		63.6
Wells Revolving Loan	30.0		—
Reliant Bank Revolver	17.0		17.0
Promissory Notes	105.0		130.0
Lion Term Loan Facility(2)	223.2		229.7
	824.9		832.9
Less: Current portion of long-term debt and notes payable	84.4		84.4
	$	740.5	$	748.5

⁽¹⁾ The Wells Term Loan is net of deferred financing costs of $0.1 million as of both March 31, 2017 and December 31, 2016 and debt discount of $0.5 million as of both March 31, 2017 and December 31, 2016.

⁽²⁾ The Lion Term Loan Facility is net of deferred financing costs of $2.7 million and $3.0 million, respectively, and debt discounts of $1.0 million and $1.1 million, respectively, at March 31, 2017 and December 31, 2016.