Note 11 - Major Customers and Concentration of Credit Risk

12 Months Ended

Dec. 31, 2019

Notes to Financial Statements

Concentration Risk Disclosure [Text Block]

11 . MAJOR CUSTOMERS AND CONCENTRATION OF CREDIT RISK

Significant customers are defined as those who represent

10%

or more of our total consolidated revenues during the year.

For the year ended

December 31, 2018

, Ergon accounted for approximately

13%

 of the Partnership’s total revenues, which were earned in the asphalt terminalling services segment and the 

crude oil pipeline services segment

. One

third

-party customer accounted for approximately 

10%

of the Partnership’s total revenues, which were earned in all of the Partnership’s operating segments. In addition,

two

other

third

-party customers each accounted for

15%

of the Partnership’s total revenues, which were all earned in the crude oil pipeline services segment.

For the year ended

December 31, 2019

, Ergon accounted for approximately

10%

 of the Partnership’s total revenues, all of which were earned in asphalt terminalling services. One

third

-party customer accounted for approximately 

65%

of the Partnership’s total revenues, which were earned in the crude oil storage segment, the crude oil pipeline services segment, and the crude oil trucking services segment.