Property, Plant and Equipment

12 Months Ended

Dec. 31, 2014

Property, Plant and Equipment [Abstract]


	PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment consists of the following (in thousands):



	December 31, 2014			December 31, 2013
Land	$	81,886		$	72,484
Pipelines and related facilities	283,347			312,730
Storage and terminal facilities	284,300			281,819
Natural gas gathering and processing facilities	606,553			347,962
Linefill	26,050			14,701
Trucking equipment and other	40,392			31,978
Office property and equipment	37,120			33,701
Construction-in-progress	142,806			199,073
Property, plant and equipment, gross	1,502,454			1,294,448
Accumulated depreciation	(245,629		)	(188,720		)
Property, plant and equipment, net	$	1,256,825		$	1,105,728

We recorded depreciation expense of $82.5 million, $60.4 million and $46.2 million for the years ended December 31, 2014, 2013 and 2012, respectively.

We include within the cost of property, plant and equipment interest costs incurred while an asset is being constructed. We capitalized $1.5 million and $4.3 million of interest costs during the years ended December 31, 2014 and 2013, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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