Equity Method Investments (Tables)

3 Months Ended

Mar. 31, 2015

Schedule of Equity Method Investments [Line Items]

Schedule of equity method investments [Table Text Block]

Our equity method investments consist of the following (in thousands):

	March 31, 2015		December 31, 2014
White Cliffs	$	279,753	$	269,635
NGL Energy Partners LP	135,808		162,246
Glass Mountain	145,902		146,039
Total equity method investments	$	561,463	$	577,920

Earnings from equity method investments [Table Text Block]

Our earnings from equity method investments consist of the following (in thousands):

	Three Months Ended March 31,
	2015			2014
White Cliffs	$	19,090		$	11,080
NGL Energy Partners LP*	(305		)	3,591
Glass Mountain	1,774			291
Total earnings from equity method investments	$	20,559		$	14,962

* Excluding gain on issuance of common units of $8.1 million for the three months ended

Cash distributions received from equity method investments [Table Text Block]

Cash distributions received from equity method investments consist of the following (in thousands):

	Three Months Ended March 31,
	2015		2014
White Cliffs	$	24,154	$	13,585
NGL Energy Partners LP	5,015		5,341
Glass Mountain	1,911		—
Total cash distributions received from equity method investments	$	31,080	$	18,926

White Cliffs Pipeline, L.L.C. [Member]

Schedule of Equity Method Investments [Line Items]

Schedule of equity method investments [Table Text Block]

Certain unaudited summarized income statement information of White Cliffs for the three months ended March 31, 2015 and 2014 is shown below (in thousands):

	Three Months Ended March 31,
	2015		2014
Revenue	$	54,614	$	33,274
Operating, general and administrative expenses	$	8,353	$	6,768
Depreciation and amortization expense	$	8,538	$	4,393
Net income	$	37,723	$	22,113

NGL Energy Partners LP [Member]

Schedule of Equity Method Investments [Line Items]

Schedule of equity method investments [Table Text Block]

Certain unaudited summarized income statement information of NGL Energy for the three months ended December 31, 2014 and 2013 is shown below (in thousands):

	Three Months Ended December 31,
	2014			2013
Revenue	$	4,552,146		$	2,743,445
Cost of sales	$	4,311,668		$	2,576,029
Operating, general and administrative expenses	$	172,064		$	90,753
Depreciation and amortization expense	$	50,335		$	35,494
Net income (loss)	$	(5,269	)	$	24,052

Glass Mountain Pipeline LLC [Member]

Schedule of Equity Method Investments [Line Items]

Schedule of equity method investments [Table Text Block]

Certain unaudited summarized income statement information of Glass Mountain for the three months ended March 31, 2015 is shown below (in thousands):

	Three Months Ended March 31,
	2015		2014
Revenue	$	11,121	$	3,853
Cost of sales	$	1,982	$	—
Operating, general and administrative expenses	$	1,438	$	850
Depreciation and amortization expense	$	4,044	$	2,348
Net income	$	3,655	$	653

The equity in earnings of Glass Mountain for the three months ended March 31, 2015 reported in our condensed consolidated statement of operations and comprehensive income is less than 50% of the net income of Glass Mountain for the same period due to amortization of capitalized interest for the period.