Property, Plant and Equipment (Notes)

3 Months Ended

Mar. 31, 2012

Property, Plant and Equipment [Abstract]

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	185,920		184,000
Gross Property, Plant and Equipment	285,352		281,249
Less: Accumulated depreciation	87,805		85,102
Net Property, Plant and Equipment	$	197,547	$	196,147

- 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.

+ References+ Details