Property, Plant and Equipment (Notes)

3 Months Ended

Mar. 31, 2012

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment [Text Block]

PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment, at cost, is as follows (in thousands):



	March 31, 2012		December 31, 2011

Crude Oil Gathering	$	99,432	$	97,249
Terminalling, Transportation and Storage	158,671		157,047
Gross Property, Plant and Equipment	258,103		254,296
Less: Accumulated depreciation	82,626		80,207
Net Property, Plant and Equipment	$	175,477	$	174,089

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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