XML 19 R4.htm IDEA: XBRL DOCUMENT v3.6.0.2
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
REVENUES      
Crude oil sales $ 300,220 $ 455,465 $ 470,336
Crude oil sales - related parties   884  
Gathering, transportation and storage fees 20,539 25,991 30,762
Gathering, transportation and storage fees - related parties 3,319 2,165  
NGL and refined product sales 143,528 170,009 192,804
NGL and refined product sales - related parties 244   7,419
Refined products terminals and storage fees 13,189 12,362 10,260
Refined products terminals and storage fees - related parties     1,533
Other revenues 12,921 13,709 13,040
Total revenues 493,960 680,585 726,154
COSTS AND EXPENSES      
Cost of sales, excluding depreciation and amortization 350,187 527,476 605,682
Operating expense 64,137 69,377 65,584
General and administrative 42,581 45,383 46,362
Depreciation and amortization 47,151 46,852 40,230
Goodwill impairment 15,456 29,896 0
Loss on disposal of assets, net 2,569 909 1,137
Total costs and expenses 522,081 719,893 758,995
OPERATING LOSS (28,121) (39,308) (32,841)
OTHER INCOME (EXPENSE)      
Interest expense (5,970) (5,375) (8,981)
Loss on extinguishment of debt     (1,634)
Other income, net 628 1,732 8
LOSS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES (33,463) (42,951) (43,448)
Income tax expense (521) (754) (300)
LOSS FROM CONTINUING OPERATIONS (33,984) (43,705) (43,748)
DISCONTINUED OPERATIONS      
Net loss from discontinued operations (539) (14,951) (9,275)
NET LOSS (34,523) (58,656) (53,023)
Net loss attributable to the period from January 1, 2014 to October 1, 2014     34,407
Net loss allocated to limited partners (34,523) (58,656) (18,616)
Basic and diluted loss per unit      
Net (loss) income from continuing operations allocated to limited partners (33,984) (43,705) (18,950)
Net loss allocated to limited partners $ (34,523) $ (58,656) (18,616)
Common and Subordinated      
Basic and diluted loss per unit      
Distribution declared per unit (in dollars per unit) $ 1.300 $ 1.279  
Common      
DISCONTINUED OPERATIONS      
Net loss allocated to limited partners $ (17,227) $ (29,351) (9,293)
Basic and diluted loss per unit      
Net (loss) income from continuing operations allocated to limited partners (16,955) (21,830) (9,460)
Net loss allocated to limited partners $ (17,227) $ (29,351) $ (9,293)
Weighted average number of common units outstanding - basic and diluted (in units) 18,514,476 18,373,594 18,212,632
Basic and diluted from continuing operations (in dollars per unit) $ (0.92) $ (1.19) $ (0.52)
Basic and diluted income (loss) (in dollars per unit) $ (0.93) $ (1.60) $ (0.51)
Subordinated      
DISCONTINUED OPERATIONS      
Net loss allocated to limited partners $ (17,296) $ (29,305) $ (9,323)
Basic and diluted loss per unit      
Net (loss) income from continuing operations allocated to limited partners (17,029) (21,875) (9,490)
Net loss allocated to limited partners $ (17,296) $ (29,305) $ (9,323)
Weighted average number of subordinated units outstanding - basic and diluted (in units) 18,125,093 18,151,700 18,209,948
Basic and diluted from continuing operations (in dollars per unit) $ (0.94) $ (1.20) $ (0.52)
Basic and diluted income (loss) (in dollars per unit) $ (0.95) $ (1.61) $ (0.51)