10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 10-Q

(Mark One)

þ	QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
	For the quarterly period ended June 30, 2014

or

o	TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
	For the transition period from                      to

Commission file number 001-35721

DELEK LOGISTICS PARTNERS, LP

(Exact name of registrant as specified in its charter)

Delaware	45-5379027
(State or other jurisdiction of	(I.R.S. Employer
incorporation or organization)	Identification No.)
7102 Commerce Way
Brentwood, Tennessee	37027
(Address of principal executive offices)	(Zip Code)

(615) 771-6701

(Registrant’s telephone number, including area code)

Not Applicable

(Former name, former address and former fiscal year, if changed since last report)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes þ No o

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes þ No o

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer o	Accelerated filer þ	Non-accelerated filer o	Smaller reporting company o
		(Do not check if a smaller reporting company)

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes o No þ

At August 1, 2014, there were 12,183,847 common units, 11,999,258 subordinated units, and 493,533 general partner units outstanding.

1

TABLE OF CONTENTS

PART I. FINANCIAL INFORMATION
Item 1. Financial Statements	3
Condensed Consolidated Balance Sheets as of June 30, 2014 and December 31, 2013 (Unaudited)	3
Condensed Consolidated Statements of Income and Comprehensive Income for the three and six months ended June 30, 2014 and 2013 (Unaudited)	4
Condensed Consolidated Statements of Cash Flows for the six months ended June 30, 2014 and June 30, 2013 (Unaudited)	5
Notes to Condensed Consolidated Financial Statements (Unaudited)	6
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations	27
Item 3. Quantitative and Qualitative Disclosures about Market Risk	54
Item 4. Controls and Procedures	54
PART II. OTHER INFORMATION
Item 1. Legal Proceedings	55
Item 1A. Risk Factors	55
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds	55
Item 5. Other Information	55
Item 6. Exhibits	56
Signatures	57
Exhibit Index	58
Exhibit 31.1
Exhibit 31.2
Exhibit 32.1
Exhibit 32.2
EX-101 INSTANCE DOCUMENT
EX-101 SCHEMA DOCUMENT
EX-101 CALCULATION LINKBASE DOCUMENT
EX-101 LABELS LINKBASE DOCUMENT
EX-101 PRESENTATION LINKBASE DOCUMENT

2

Part I.

FINANCIAL INFORMATION

Item 1. Financial Statements

Delek Logistics Partners, LP

Condensed Consolidated Balance Sheets

(Unaudited)

	June 30, 2014			December 31, 2013 (1)
	(In thousands)
ASSETS
Current assets:
Cash and cash equivalents	$	2,417		$	924
Accounts receivable	37,951			28,976
Inventory	24,833			17,512
Deferred tax assets	12			12
Other current assets	799			341
Total current assets	66,012			47,765
Property, plant and equipment:
Property, plant and equipment	266,436			265,388
Less: accumulated depreciation	(45,843		)	(39,566		)
Property, plant and equipment, net	220,593			225,822
Goodwill	11,654			10,454
Intangible assets, net	11,843			12,258
Other non-current assets	4,337			5,045
Total assets	$	314,439		$	301,344
LIABILITIES AND EQUITY
Current liabilities:
Accounts payable	$	39,731		$	26,045
Accounts payable to related parties	2,596			1,513
Fuel and other taxes payable	6,733			5,700
Accrued expenses and other current liabilities	9,270			6,451
Total current liabilities	58,330			39,709
Non-current liabilities:
Revolving credit facility	239,000			164,800
Asset retirement obligations	3,202			3,087
Deferred tax liabilities	376			324
Other non-current liabilities	5,593			6,222
Total non-current liabilities	248,171			174,433
Equity:
Predecessor division equity	—			25,161
Common unitholders - public; 9,384,589 units issued and outstanding at June 30, 2014 (9,353,240 at December 31, 2013)	190,122			183,839
Common unitholders - Delek; 2,799,258 units issued and outstanding at June 30, 2014 (2,799,258 at December 31, 2013)	(243,378		)	(176,680		)
Subordinated unitholders - Delek; 11,999,258 units issued and outstanding at June 30, 2014 (11,999,258 at December 31, 2013)	67,409			59,386
General partner - Delek; 493,533 units issued and outstanding at June 30, 2014 (492,893 at December 31, 2013)	(6,215		)	(4,504		)
Total equity	7,938			87,202
Total liabilities and equity	$	314,439		$	301,344

⁽¹⁾ Includes the historical balances of the El Dorado Terminal and Tank Assets and the Tyler Terminal and Tank Assets. See Notes 1 and 2 for further discussion.

See accompanying notes to condensed consolidated financial statements

3

Delek Logistics Partners, LP

Condensed Consolidated Statements of Income and Comprehensive Income

(Unaudited)

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2014			2013 (1)			2014			2013 (1)
	(In thousands)
Net sales	$	236,343		$	230,142		$	439,870		$	441,036
Operating costs and expenses:
Cost of goods sold	196,574			207,966			368,783			395,826
Operating expenses	9,544			9,928			18,863			19,009
General and administrative expenses	2,242			1,521			4,905			3,723
Depreciation and amortization	3,532			3,284			7,009			6,825
Loss on asset disposals	74			—			74			—
Total operating costs and expenses	211,966			222,699			399,634			425,383
Operating income	24,377			7,443			40,236			15,653
Interest expense, net	2,342			752			4,325			1,569
Net income before income tax expense	22,035			6,691			35,911			14,084
Income tax expense	281			118			428			240
Net income	21,754			6,573			35,483			13,844
Less: Loss attributable to Predecessors	—			(5,183		)	(943		)	(10,116		)
Net income attributable to partners	$	21,754		$	11,756		$	36,426		$	23,960
Comprehensive income attributable to partners	$	21,754		$	11,756		$	36,426		$	23,960
Less: General partner's interest in net income, including incentive distribution rights	(620		)	$	(234	)	(914		)	(478		)
Limited partners' interest in net income	$	21,134		$	11,522		$	35,512		$	23,482
Net income per limited partner unit:
Common units - (basic)	$	0.88		$	0.48		$	1.47		$	0.98
Common units - (diluted)	$	0.87		$	0.47		$	1.46		$	0.97
Subordinated units - Delek (basic and diluted)	$	0.87		$	0.48		$	1.47		$	0.98
Weighted average limited partner units outstanding:
Common units - (basic)	12,159,732			12,006,843			12,156,135			12,003,071
Common units - (diluted)	12,291,273			12,159,084			12,281,598			12,128,764
Subordinated units - Delek (basic and diluted)	11,999,258			11,999,258			11,999,258			11,999,258
Cash distributions per unit	$	0.475		$	0.395		$	0.900		$	0.780

⁽¹⁾ Adjusted to include the historical results of the El Dorado Terminal and Tank Assets and the Tyler Terminal and Tank Assets. See Notes 1 and 2 for further discussion.

See accompanying notes to condensed consolidated financial statements

4

Delek Logistics Partners, LP

Condensed Consolidated Statements of Cash Flows (Unaudited)

	Six Months Ended June 30,
	2014			2013 (1)
	(In thousands)
Cash flows from operating activities:
Net income	$	35,483		$	13,844
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	7,009			6,825
Amortization of unfavorable contract liability to revenue	(1,334		)	(1,334		)
Amortization of deferred financing costs	634			374
Accretion of asset retirement obligations	209			149
Deferred income taxes	52			(17		)
Loss on asset disposals	74			—
Unit-based compensation expense	121			112
Changes in assets and liabilities, net of acquisitions:
Accounts receivable	(8,975		)	(10,284		)
Inventories and other current assets	(7,779		)	(1,337		)
Accounts payable and other current liabilities	18,872			12,666
Accounts payable - related parties	1,083			(7,989		)
Non-current assets and liabilities, net	(649		)	(795		)
Net cash provided by operating activities	44,800			12,214
Cash flows from investing activities:
Purchases of property, plant and equipment	(1,933		)	(7,139		)
Net cash used in investing activities	(1,933		)	(7,139		)
Cash flows from financing activities:
Proceeds from issuance of additional units to maintain 2% General Partner interest	22			—
Distributions to general partner	(414		)	(299		)
Distributions to common unitholders - Public	(7,856		)	(5,602		)
Distributions to common unitholders - Delek	(2,352		)	(1,705		)
Distributions to subordinated unitholders	(10,080		)	(7,310		)
Distributions to Delek for contribution of El Dorado Terminal and Tank Assets	(95,900		)	—
Proceeds from revolving credit facility	283,100			—
Payments of revolving credit facility	(208,900		)	—
Predecessor division equity contribution	1,006			13,229
Reimbursement of capital expenditures by Sponsor	—			463
Net cash used in financing activities	(41,374		)	(1,224		)
Net increase in cash and cash equivalents	1,493			3,851
Cash and cash equivalents at the beginning of the period	924			23,452
Cash and cash equivalents at the end of the period	$	2,417		$	27,303
Supplemental disclosures of cash flow information:
Cash paid during the period for:
Interest	$	3,508		$	1,226
Taxes	$	18		$	—
Non-cash financing activities:
Sponsor contribution of fixed assets	706			—

⁽¹⁾ Adjusted to include the historical cash flows of the El Dorado Terminal and Tank Assets and the Tyler Terminal and Tank Assets. See Notes 1 and 2 for further discussion.

See accompanying notes to condensed consolidated financial statements

5

Delek Logistics Partners, LP

Notes to Condensed Consolidated Financial Statements (Unaudited)

1. Organization and Basis of Presentation

As used in this report, the terms "Delek Logistics Partners, LP," the "Partnership," "we," "us," or "our" may refer to Delek Logistics Partners, LP, one or more of its consolidated subsidiaries or all of them taken as a whole. References in this report to "Delek" refer collectively to Delek US Holdings, Inc. and any of its subsidiaries, other than Delek Logistics Partners, LP, its subsidiaries and its general partner.

The Partnership is a Delaware limited partnership formed in April 2012 by Delek Logistics GP, LLC, a subsidiary of Delek and our general partner. On November 7, 2012, we completed our initial public offering (the "Offering") of 9,200,000 common units representing limited partner interests.

Upon completion of the Offering, the Partnership consisted of the assets, liabilities and results of operations of certain crude oil and refined product pipelines and transportation, wholesale marketing and terminalling assets previously operated or held by Delek and certain of its present subsidiaries including Delek Marketing & Supply, LLC ("Delek Marketing") and Lion Oil Company ("Lion Oil") and former subsidiaries including Paline Pipeline Company, LLC, which is now a subsidiary of the Partnership.

On July 26, 2013, the Partnership, through its wholly owned subsidiary Delek Marketing & Supply, LP, acquired from Delek (i) the refined products terminal (the “Tyler Terminal”) located at Delek's Tyler, Texas refinery (the "Tyler Refinery") and (ii) 96 storage tanks and certain ancillary assets (the "Tyler Tank Assets" and together with the Tyler Terminal, the “Tyler Terminal and Tank Assets”) adjacent to the Tyler Refinery (such transaction, the “Tyler Acquisition”).

On February 10, 2014, the Partnership, through its wholly owned subsidiary Delek Logistics Operating, LLC ("OpCo"), acquired from Delek (i) the refined products terminal (the “El Dorado Terminal”) located at Delek's El Dorado, Arkansas refinery (the "El Dorado Refinery") and (ii) 158 storage tanks and certain ancillary assets (the "El Dorado Storage Tanks" and together with the El Dorado Terminal, the “El Dorado Terminal and Tank Assets”) at and adjacent to the El Dorado Refinery (such transaction, the “El Dorado Acquisition”).

The El Dorado Acquisition and the Tyler Acquisition were accounted for as transfers between entities under common control. As entities under common control with Delek, we record the assets that Delek has contributed to us on our balance sheet at Delek's historical basis instead of fair value. Transfers between entities under common control are accounted for as if the transfer occurred at the beginning of the period, and prior years are retrospectively adjusted to furnish comparative information. Accordingly, the accompanying financial statements and related notes of the Partnership have been retrospectively adjusted to include (i) the historical results of the El Dorado Terminal and Tank Assets, as owned and operated by Delek, for all periods presented through February 10, 2014 (the "El Dorado Predecessor"), and (ii) the historical results of the Tyler Terminal and Tank Assets, as owned and operated by Delek, for all periods presented through July 26, 2013 (the "Tyler Predecessor"). We refer to the historical results of the El Dorado and Tyler Predecessors collectively as our "Predecessors." See Note 2 for further information regarding the El Dorado Acquisition and the Tyler Acquisition.

The accompanying unaudited condensed consolidated financial statements and related notes for the three and six months ended June 30, 2014 and 2013 include the consolidated financial position, results of operations, cash flows and division equity of our Predecessors. The financial statements of our Predecessors have been prepared from the separate records maintained by Delek and may not necessarily be indicative of the conditions that would have existed or the results of operations if our Predecessors had been operated as unaffiliated entities. For example, our Predecessors did not record revenues for intercompany terminalling or storage services.

Certain information and footnote disclosures normally included in annual financial statements prepared in accordance with U.S. generally accepted accounting principles ("U.S. GAAP") have been condensed or omitted, although management believes that the disclosures herein are adequate to make the financial information presented not misleading. Our unaudited condensed consolidated financial statements have been prepared in conformity with U.S. GAAP applied on a consistent basis with those of the annual audited financial statements included in our Annual Report on Form 10-K for the year ended December 31, 2013 (our "Annual Report on Form 10-K"), filed with the Securities and Exchange Commission (the "SEC") on March 5, 2014. These unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto for the year ended December 31, 2013 included in our Annual Report on Form 10-K.

In the opinion of management, all adjustments necessary for a fair presentation of the financial position and the results of operations for the interim periods presented have been included. All significant intercompany transactions and account balances have been eliminated in the consolidation. Such intercompany transactions do not include those with Delek or our general partner. All adjustments are of a normal, recurring nature. Operating results for the interim period should not be viewed as representative of results that may be expected for any future interim period or for the full year.

6

The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

2. Acquisitions

El Dorado Acquisition

On February 10, 2014, the Partnership completed the El Dorado Acquisition and acquired the El Dorado Terminal and Tank Assets. The purchase price paid for the assets acquired was approximately $95.9 million in cash. The assets acquired consisted of the following:

• The El Dorado Terminal. The refined products terminal located at the El Dorado Refinery, which consisted of a truck loading rack with three loading bays supplied by pipeline from storage tanks located at the El Dorado Refinery along with certain ancillary assets. Total throughput capacity for the El Dorado Terminal is approximately 26,700 barrels per day ("bpd").

• The El Dorado Storage Tanks. A total of 158 storage tanks and certain ancillary assets (such as pumps and piping) located at and adjacent to the El Dorado Refinery with an aggregate shell capacity of approximately 2.5 million barrels.

Delek retained any current assets and current liabilities related to the El Dorado Terminal and Tank Assets as of the date of the El Dorado Acquisition. The only historical balance sheet items that transferred to the Partnership in the El Dorado Acquisition were property, plant and equipment assets, tank inspection liabilities and asset retirement obligations, which were recorded by us at historical cost.

In connection with the El Dorado Acquisition, the Partnership and Delek entered into (i) an asset purchase agreement, (ii) the Second Omnibus Amendment (as defined in Note 13), (iii) a throughput and tankage agreement with respect to the El Dorado Terminal and Tank Assets, (iv) a lease and access agreement, and (v) a site services agreement. See Note 13 for additional information regarding these agreements.

Tyler Acquisition

On July 26, 2013, the Partnership completed the Tyler Acquisition and acquired the Tyler Terminal and Tank Assets. The purchase price paid for the assets acquired was $94.8 million in cash. The assets acquired consisted of the following:

• The Tyler Terminal. The refined products terminal located at the Tyler Refinery, which consisted of a truck loading rack with nine loading bays supplied by pipelines from storage tanks located adjacent to the Tyler Refinery, along with certain ancillary assets. Total throughput capacity for the Tyler Terminal is approximately 72,000 bpd.

• The Tyler Tank Assets. Ninety-six storage tanks and certain ancillary assets (such as pumps and piping) located adjacent to the Tyler Refinery with an aggregate shell capacity of approximately 2.0 million barrels.

Delek retained any current assets, current liabilities and environmental liabilities related to the Tyler Terminal and Tank Assets as of the date of the Tyler Acquisition. The only historical balance sheet items that transferred to the Partnership in the Acquisition were property, plant and equipment assets and asset retirement obligations which were recorded by us at historical cost.

In connection with the Tyler Acquisition, the Partnership and Delek entered into (i) an asset purchase agreement, (ii) the First Omnibus Amendment (as defined in Note 13), (iii) a throughput and tankage agreement with respect to the Tyler Terminal and Tank Assets, (iv) a lease and access agreement, and (v) a site services agreement. See Note 13 for additional information regarding these agreements.

El Dorado Terminal and Tank Assets and Tyler Terminal and Tank Assets Financial Results

The acquisitions of the El Dorado Terminal and Tank Assets and the Tyler Terminal and Tank Assets were considered transfers of businesses between entities under common control. Accordingly, the El Dorado Acquisition and the Tyler Acquisition were recorded at amounts based on Delek's historical carrying value as of each respective acquisition date, which were $25.2 million as of February 10, 2014 and $38.3 million as of July 26, 2013, respectively. Our historical financial statements have been retrospectively adjusted to reflect the results of operations, financial position, cash flows and equity attributable to the El Dorado Terminal and Tank Assets and the Tyler Terminal and Tank Assets as if we owned the assets for all periods presented. The results of the El Dorado Terminal and the Tyler Terminal and the El Dorado Storage Tanks and the Tyler Tank Assets are included in the wholesale marketing and terminalling segment and the pipelines and transportation segment, respectively.

7

The following amounts associated with the El Dorado Terminal and Tanks Assets and the Tyler Terminal and Tank Assets, subsequent to each respective acquisition date, are included in the condensed consolidated statements of operations of the Partnership (in thousands):

	Three Months Ended		Six Months Ended
	June 30, 2014		June 30, 2014
Tyler Terminal and Tank Assets:
Total operating revenues	$	4,501	$	9,002
Net income attributable to the Partnership	2,375		5,284
El Dorado Terminal and Tank Assets:
Total operating revenues	4,398		6,855
Net income attributable to the Partnership	2,726		3,941
Costs associated with the acquisition	$	—	$	186

The results of the El Dorado Terminal and Tank Assets' operations prior to the completion of the El Dorado Acquisition on February 10, 2014 have been included in the El Dorado Predecessor results in the tables below. The results of the Tyler Terminal and Tank Assets' operations prior to the completion of the Tyler Acquisition on July 26, 2013 have been included in the Tyler Predecessor results in the tables below. The results of the El Dorado Terminal and Tank Assets subsequent to February 10, 2014, and the results of the Tyler Terminal and Tank Assets subsequent to July 26, 2013 have been included in the Partnership's results.

The tables on the following page present our results of operations, the effect of including the results of the El Dorado Terminal and Tank Assets and the Tyler Terminal and Tank Assets and the adjusted total amounts included in our condensed consolidated financial statements.

8

Condensed Combined Balance Sheet as of December 31, 2013

	Delek Logistics			El Dorado Terminal and Tank Assets
	Partners, LP			(El Dorado Predecessor)			December 31, 2013
				(In thousands)
ASSETS
Current Assets:
Cash and cash equivalents	$	924		$	—		$	924
Accounts receivable	28,976			—			28,976
Inventory	17,512			—			17,512
Deferred tax assets	12			—			12
Other current assets	341			—			341
Total current assets	47,765			—			47,765
Property, plant and equipment:
Property, plant and equipment	235,588			29,800			265,388
Less: accumulated depreciation	(36,306		)	(3,260		)	(39,566		)
Property, plant and equipment, net	199,282			26,540			225,822
Goodwill	10,454			—			10,454
Intangible assets, net	12,258			—			12,258
Other non-current assets	5,045			—			5,045
Total assets	$	274,804		$	26,540		$	301,344
LIABILITIES AND EQUITY
Current liabilities:
Accounts payable	$	26,045		$	—		$	26,045
Accounts payable to related parties	1,513			—			1,513
Fuel and other taxes payable	5,700			—			5,700
Accrued expenses and other current liabilities	5,776			675			6,451
Total current liabilities	39,034			675			39,709
Non-current liabilities:
Revolving credit facility	164,800			—			164,800
Asset retirement obligations	2,993			94			3,087
Deferred tax liabilities	324			—			324
Other non-current liabilities	5,612			610			6,222
Total non-current liabilities	173,729			704			174,433
Equity:
Predecessors division equity	—			25,161			25,161
Common unitholders - public (9,353,240 units issued and outstanding)	183,839			—			183,839
Common unitholders - Delek (2,799,258 units issued and outstanding)	(176,680		)	—			(176,680		)
Subordinated unitholders - Delek (11,999,258 units issued and outstanding)	59,386			—			59,386
General Partner unitholders - Delek (492,893 units issued and outstanding)	(4,504		)	—			(4,504		)
Total equity	62,041			25,161			87,202
Total liabilities and equity	$	274,804		$	26,540		$	301,344

9

Condensed Combined Statements of Operations

			El Dorado Terminal and Tank Assets
	Delek Logistics Partners, LP		(El Dorado Predecessor)			Six Months Ended June 30, 2014
Net sales	$	439,870	$	—		$	439,870
Operating costs and expenses:
Cost of goods sold	368,783		—			368,783
Operating expenses	18,080		783			18,863
General and administrative expenses	4,859		46			4,905
Depreciation and amortization	6,895		114			7,009
Loss on asset disposal	74		—			74
Total operating costs and expenses	398,691		943			399,634
Operating income (loss)	41,179		(943		)	40,236
Interest expense, net	4,325		—			4,325
Net income (loss) before income tax expense	36,854		(943		)	35,911
Income tax expense	428		—			428
Net income (loss)	36,426		(943		)	35,483
Less: Loss attributable to Predecessors	—		(943		)	(943		)
Net income attributable to partners	$	36,426	$	—		$	36,426

			Tyler Terminal and Tank Assets			El Dorado Terminal and Tank Assets
	Delek Logistics Partners, LP		(Tyler Predecessor)			(El Dorado Predecessor)			Three Months Ended June 30, 2013
			(In thousands)
Net Sales	$	230,142	$	—		$	—		$	230,142
Operating costs and expenses:
Cost of goods sold	207,966		—			—			207,966
Operating expenses	6,067		2,022			1,839			9,928
General and administrative expenses	1,111		223			187			1,521
Depreciation and amortization	2,372		614			298			3,284
Total operating costs and expenses	217,516		2,859			2,324			222,699
Operating income (loss)	12,626		(2,859		)	(2,324		)	7,443
Interest expense, net	752		—			—			752
Net income (loss) before income tax expense	11,874		(2,859		)	(2,324		)	6,691
Income tax expense	118		—			—			118
Net income (loss)	11,756		(2,859		)	(2,324		)	6,573
Less: Loss attributable to Predecessors	—		(2,859		)	(2,324		)	(5,183		)
Net income attributable to partners	$	11,756	$	—		$	—		$	11,756

10

			Tyler Terminal and Tank Assets			El Dorado Terminal and Tank Assets
	Delek Logistics Partners, LP		(Tyler Predecessor)			(El Dorado Predecessor)			Six Months Ended June 30, 2013
			(In thousands)
Net Sales	$	441,036	$	—		$	—		$	441,036
Operating costs and expenses:
Cost of goods sold	395,826		—			—			395,826
Operating expenses	11,929		3,672			3,408			19,009
General and administrative expenses	2,788		516			419			3,723
Depreciation and amortization	4,724		1,506			595			6,825
Total operating costs and expenses	415,267		5,694			4,422			425,383
Operating income (loss)	25,769		(5,694		)	(4,422		)	15,653
Interest expense, net	1,569		—			—			1,569
Net income (loss) before income tax expense	24,200		(5,694		)	(4,422		)	14,084
Income tax expense	240		—			—			240
Net income (loss)	23,960		(5,694		)	(4,422		)	13,844
Less: Loss attributable to Predecessors	—		(5,694		)	(4,422		)	(10,116		)
Net income attributable to partners	$	23,960	$	—		$	—		$	23,960

North Little Rock Acquisition

On October 24, 2013, we purchased a refined products terminal in Little Rock, Arkansas from Enterprise Refined Products Company, LLC (the "North Little Rock Terminal"). We acquired the North Little Rock Terminal to diversify our product mix.

During the second quarter of 2014, we finalized our purchase price allocation and adjusted certain of the acquisition-date fair values previously disclosed. The final allocation of the aggregate purchase price of the North Little Rock Terminal as of June 30, 2014 is summarized as follows (in thousands):

Property, plant and equipment	$	4,990
Intangible assets	10
Total	$	5,000

Pro Forma Financial Information - North Little Rock Acquisition

We began consolidating the results of operations of the North Little Rock Terminal on October 24, 2013. The North Little Rock Terminal contributed $0.4 million and $0.7 million to net sales for the three and six months ended June 30, 2014, respectively, and $0.2 million and $0.4 million to net income for the three and six months ended June 30, 2014, respectively. Below are the unaudited pro forma consolidated results of operations for the three and six months ended June 30, 2013, as if these acquisitions had occurred on January 1, 2013 (in thousands):

	Three Months Ended		Six Months Ended
	June 30, 2013		June 30, 2013
Net sales	$	230,501	$	441,755
Net income	$	6,780	$	14,260

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Hopewell Acquisition

On July 19, 2013, the Partnership purchased a 13.5-mile pipeline and certain ancillary assets (the "Hopewell Pipeline"), including a related delivery station (the "Hopewell Station") and pumps. The Hopewell Pipeline originates at the Tyler Refinery and terminates at the Hopewell Station, where it effectively connects to the Partnership's 19-mile pipeline (the "Big Sandy Pipeline") that originates at the Hopewell Station and terminates at our light petroleum products terminal located in Big Sandy, Texas. The Hopewell Pipeline and the Big Sandy Pipeline form essentially one pipeline link between the Tyler Refinery and the Big Sandy Terminal (the "Tyler-Big Sandy Pipeline").

During the second quarter of 2014, we finalized our purchase price allocation and adjusted certain of the acquisition-date fair values previously disclosed. The final allocation of the aggregate purchase price of the Hopewell Pipeline as of June 30, 2014 is summarized as follows (in thousands):

Property, plant and equipment	$	3,538
Intangible assets	984
Goodwill	1,200
Total	$	5,722

Amended and Restated Services Agreement (Big Sandy Terminal and Pipeline)

In connection with the acquisition of the Hopewell Pipeline, on July 25, 2013, the Partnership and Delek entered into the Amended and Restated Services Agreement (Big Sandy Terminal and Pipeline), which amended and restated the Terminalling Services Agreement dated November 7, 2012 for the Big Sandy Terminal to include, among other things, a minimum throughput commitment and a per barrel throughput fee that Delek will pay us for throughput along the Tyler-Big Sandy Pipeline.

Pro Forma Financial Information - Hopewell Acquisition

We began consolidating the results of operations of the Hopewell Pipeline on July 19, 2013. Although the Tyler-Big Sandy Pipeline, of which the Hopewell Pipeline is an integral part, was not operational prior to November 2013 due to required maintenance to return it to service, Delek paid to us pipeline fees for the Tyler-Big Sandy Pipeline beginning in July 2013 and through the year ended December 31, 2013. The maintenance required to return the Hopewell Pipeline to service and thereby connect it to the Big Sandy Pipeline was completed in the fourth quarter of 2013. The Tyler-Big Sandy Pipeline contributed $0.4 million and $0.8 million to net sales for the three and six months ended June 30, 2014, respectively, and $0.3 million and $0.6 million to net income for the three and six months ended June 30, 2014, respectively.

Below are the unaudited pro forma consolidated results of operations for the three and six months ended June 30, 2013, as if the acquisition had occurred on January 1, 2013 (in thousands):

	Three Months Ended		Six Months Ended
	June 30, 2013		June 30, 2013
Net sales	$	230,142	$	441,036
Net income	$	6,480	$	13,588

3. Inventory

Inventories consisted of $24.8 million and $17.5 million of refined petroleum products as of June 30, 2014 and December 31, 2013, respectively. Cost of inventory is stated at the lower of cost or market, determined on a first-in, first-out basis.

4. Amended and Restated Credit Agreement

We entered into a $175.0 million senior secured revolving credit agreement concurrent with the completion of the Offering on November 7, 2012, with Fifth Third Bank, as administrative agent, and a syndicate of lenders, which was subsequently amended and restated on July 9, 2013 (the “Amended and Restated Credit Agreement”). Under the terms of the Amended and Restated Credit Agreement, the lender commitments were increased from $175.0 million to $400.0 million and a dual currency borrowing tranche was added that permits draw downs in U.S. or Canadian dollars. The Amended and Restated Credit Agreement also contains an accordion feature whereby the Partnership can increase the size of the credit facility to an aggregate of $450.0 million, subject to receiving increased or new commitments from lenders and the satisfaction of certain other conditions precedent. The Amended and Restated Credit Agreement matures on November 7, 2017.

Borrowings denominated in U.S. dollars under the Amended and Restated Credit Agreement bear interest at either a U.S. dollar prime rate, plus an applicable margin, or the London Interbank Offered Rate ("LIBOR"), plus an applicable margin, at the election of the borrowers. Borrowings denominated in Canadian dollars under the Amended and Restated Credit Agreement bear interest at either a Canadian dollar prime rate, plus an applicable margin, or the Canadian Dealer Offered Rate, plus an applicable margin, at the election of the borrowers. The applicable margin in each case varies based upon the Partnership's most recently reported leverage ratio. At June 30, 2014, the weighted average interest rate was approximately 2.7%. Additionally, the Amended and Restated Credit Agreement requires us to pay a leverage ratio dependent quarterly fee on the average unused revolving commitment. As of June 30, 2014, this fee was 0.5% per year.

The obligations under the Amended and Restated Credit Agreement remain secured by first priority liens on substantially all of the Partnership's and its U.S. subsidiaries' tangible and intangible assets. Additionally, Delek Marketing continues to provide a limited guaranty of the Partnership's obligations under the Amended and Restated Credit Agreement. Delek Marketing's guaranty is (i) limited to an amount equal to the principal amount, plus unpaid and accrued interest, of a promissory note made by Delek US in favor of Delek Marketing (the "Holdings Note") and (ii) secured by Delek Marketing's pledge of the Holdings Note to our lenders under the Amended and Restated Credit Agreement. As of June 30, 2014, the principal amount of the Holdings Note was $102.0 million, plus unpaid interest accrued since the issuance date.

As of June 30, 2014, we had $239.0 million of outstanding borrowings under the Amended and Restated Credit Agreement. Additionally, we had in place letters of credit totaling approximately $13.5 million, primarily securing obligations with respect to gasoline and diesel purchases. No amounts were drawn under these letters of credit at June 30, 2014. Amounts available under the Amended and Restated Credit Agreement as of June 30, 2014 were approximately $147.5 million.

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5. Income Taxes

Our effective income tax rate decreased by a nominal amount for the three months ended June 30, 2014 compared to the three months ended June 30, 2013. For tax purposes, each partner of the Partnership is required to take into account its share of income, gain, loss and deduction in computing its federal and state income tax liabilities, regardless of whether cash distributions are made to such partner by the Partnership. The taxable income reportable to each partner takes into account differences between the tax basis and fair market value of our assets, the acquisition price of such partner's units and the taxable income allocation requirements under our partnership agreement.

6. Net Income Per Unit

We use the two-class method when calculating the net income per unit applicable to limited partners because we have more than one participating class of securities. Our participating securities consist of common units, subordinated units, general partner units and incentive distribution rights. The two-class method is based on the weighted-average number of common units outstanding during the period. Basic net income per unit applicable to limited partners (including subordinated unitholders) is computed by dividing limited partners’ interest in net income, after deducting our general partner’s 2% interest and incentive distribution rights, if any, by the weighted-average number of outstanding common and subordinated units. Our net income is allocated to our general partner and limited partners in accordance with their respective partnership percentages after giving effect to priority income allocations for incentive distribution rights, if any, to our general partner, which is the holder of the incentive distribution rights pursuant to our partnership agreement, which are declared and paid following the close of each quarter.

Earnings in excess of distributions are allocated to our general partner and limited partners based on their respective ownership interests. Payments made to our unitholders are determined in relation to actual distributions declared and are not based on the net income allocations used in the calculation of net income per unit. The basic weighted-average number of units outstanding for the six months ended June 30, 2014 increased to 24,651,912 units from 24,644,649 units in the first quarter of 2014.

Diluted net income per unit applicable to common limited partners includes the effects of potentially dilutive units on our common units. At present, the only potentially dilutive units outstanding consist of unvested phantom unit awards under the Delek Logistics GP, LLC 2012 Long-Term Incentive Plan (the "LTIP"). Basic and diluted net income per unit applicable to subordinated limited partners are the same because there are no potentially dilutive subordinated units outstanding.

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Our distributions are declared subsequent to quarter end. Therefore, the table below represents total cash distributions applicable to the period in which the distributions are earned. The calculation of net income per unit is as follows (dollars in thousands, except per unit amounts):

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2014		2013		2014		2013
Net income attributable to partners	$	21,754	$	11,756	$	36,426	$	23,960
Less: General partner's distribution (including IDRs) (1)	424		193		633		382
Less: Limited partners' distribution	5,787		4,755		10,952		9,375
Less: Subordinated partner's distribution	5,699		4,740		10,799		9,360
Earnings in excess of distributions	$	9,844	$	2,068	$	14,042	$	4,843
General partner's earnings:
Distributions (including IDRs) (1)	$	424	$	193	$	633	$	382
Allocation of earnings in excess of distributions	196		41		281		96
Total general partner's earnings	$	620	$	234	$	914	$	478
Limited partners' earnings on common units:
Distributions	$	5,787	$	4,755	$	10,952	$	9,375
Allocation of earnings in excess of distributions	4,861		1,015		6,930		2,375
Total limited partners' earnings on common units	$	10,648	$	5,770	$	17,882	$	11,750
Limited partners' earnings on subordinated units:
Distributions	$	5,699	$	4,740	$	10,799	$	9,360
Allocation of earnings in excess of distributions	4,787		1,012		6,831		2,372
Total limited partner's earnings on subordinated units	$	10,486	$	5,752	$	17,630	$	11,732
Weighted average limited partner units outstanding:
Common units - (basic)	12,159,732		12,006,843		12,156,135		12,003,071
Common units - (diluted)	12,291,273		12,159,084		12,281,598		12,128,764
Subordinated units - Delek (basic and diluted)	11,999,258		11,999,258		11,999,258		11,999,258
Net income per limited partner unit:
Common - (basic)	$	0.88	$	0.48	$	1.47	$	0.98
Common - (diluted)	$	0.87	$	0.47	$	1.46	$	0.97
Subordinated - (basic and diluted)	$	0.87	$	0.48	$	1.47	$	0.98

⁽¹⁾ General partner's distributions (including IDRs) consist of the 2% general partner interest and IDRs, which represent the right of the general partner to receive increasing percentages, up to 50%, of quarterly distributions of available cash from operating surplus in excess of 0.43125 per unit per quarter. See Note 7 for further discussion related to IDRs.

7. Equity

We had 9,384,589 common limited partner units held by the public outstanding as of June 30, 2014. Additionally, as of June 30, 2014, Delek owned a 60.0% limited partner interest in us, consisting of 2,799,258 common limited partner units and 11,999,258 subordinated limited partner units as well as a 96.1% interest in our general partner, which owns the entire 2.0% general partner interest consisting of 493,533 general partner units. In accordance with our partnership agreement, Delek's subordinated units may convert to common units once specified distribution targets and other requirements have been met.

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Equity Activity

The summarized changes in the carrying amount of our equity are as follows:

	Equity of Predecessors			Common - Public			Common - Delek			Subordinated			General Partner			Total
Balance at December 31, 2013	$	25,161		$	183,839		$	(176,680	)	$	59,386		$	(4,504	)	$	87,202
Sponsor contributions of equity to the El Dorado Predecessor	1,006			—			—			—			—			1,006
Loss attributable to the El Dorado Predecessor	(943		)	—			—			—			—			(943		)
Allocation of net assets acquired by the unitholders	(25,224		)	—			24,720			—			504			—
Cash distributions (1)	—			(7,856		)	(96,334		)	(10,080		)	(2,332		)	(116,602		)
Sponsorship contribution of fixed assets	—			—			692			—			14			706
Net income attributable to partners	—			13,841			4,135			17,722			728			36,426
Unit-based compensation	—			298			89			381			(647		)	121
Other	—			—			—			—			22			22
Balance at June 30, 2014	$	—		$	190,122		$	(243,378	)	$	67,409		$	(6,215	)	$	7,938

⁽¹⁾ Cash distributions include $95.9 million in cash payments for the El Dorado Acquisition. As an entity under common control with Delek, we record the assets that we acquire from Delek on our balance sheet at Delek's historical book basis instead of fair value. Additionally, any excess of cash paid over the historical book basis of the assets acquired from Delek is recorded within equity. As a result of the El Dorado Acquisition, our equity balance decreased $70.7 million during the six months ended June 30, 2014.

Allocations of Net Income

Our partnership agreement contains provisions for the allocation of net income and loss to our unitholders and our general partner. For purposes of maintaining partner capital accounts, the partnership agreement specifies that items of income and loss shall be allocated among the partners in accordance with their respective percentage interest. Normal allocations according to percentage interests are made after giving effect, to priority income allocations, if any, in an amount equal to incentive cash distributions allocated 100% to our general partner.

The following table presents the allocation of the general partner's interest in net income (in thousands, except percentage of ownership interest):

	Three Months Ended June 30,						Six Months Ended June 30,
	2014			2013			2014			2013
Net income attributable to partners	$	21,754		$	11,756		$	36,426		$	23,960
Less: General partner's IDR's	(189		)	—			(189		)	—
Net income available to partners	$	21,565		$	11,756		$	36,237		$	23,960
General partner's ownership interest	2.0		%	2.0		%	2.0		%	2.0		%
General partner's allocated interest in net
income	$	431		$	234		$	725		$	478
General partner's IDRs	189			—			189			—
Total general partner's interest in net
income	$	620		$	234		$	914		$	478

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Incentive Distribution Rights

The following table illustrates the percentage allocations of available cash from operating surplus between our unitholders and our general partner based on the specified target distribution levels. The amounts set forth under “Marginal Percentage Interest in Distributions” are the percentage interests of our general partner and our unitholders in any available cash from operating surplus that we distribute up to and including the corresponding amount in the column “Total Quarterly Distribution per Unit Target Amount.” The percentage interests shown for our unitholders and our general partner for the minimum quarterly distribution are also applicable to quarterly distribution amounts that are less than the minimum quarterly distribution. The percentage interests set forth below for our general partner include its 2.0% general partner interest and assume that (i) our general partner has contributed any additional capital necessary to maintain its 2.0% general partner interest, (ii) our general partner has not transferred its incentive distribution rights, and (iii) there are no arrearages on common units.

		Target Quarterly Distribution per Unit		Marginal Percentage Interest in Distributions
		Target Amount		Unitholders		General Partner
Minimum Quarterly Distribution		$	0.37500	98.0	%	2.0	%
First Target Distribution	above	$	0.37500	98.0	%	2.0	%
	up to	$	0.43125
Second Target Distribution	above	$	0.43125	85.0	%	15.0	%
	up to	$	0.46875
Third Target Distribution	above	$	0.46875	75.0	%	25.0	%
	up to	$	0.56250
Thereafter	thereafter	$	0.56250	50.0	%	50.0	%

Cash Distributions

Our partnership agreement sets forth the calculation to be used to determine the amount and priority of cash distributions that our common and subordinated unitholders and general partner will receive. Our distributions are declared subsequent to quarter end. The table below summarizes the quarterly distributions related to our quarterly financial results:

Quarter Ended	Total Quarterly Distribution Per Limited Partner Unit		Total Quarterly Distribution Per Limited Partner Unit, Annualized		Total Cash Distribution, including general partner IDRs (in thousands)		Date of Distribution	Unitholders Record Date
December 31, 2013	$	0.415	$	1.66	$	10,228	February 13, 2014	February 4, 2014
March 31, 2014	$	0.425	$	1.70	$	10,474	May 14, 2014	May 6, 2014
June 30, 2014	$	0.475	$	1.90	$	11,910	August 14, 2014 (1)	August 7, 2014

⁽¹⁾ Expected date of distribution.

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The allocation of total quarterly cash distributions expected to be made to general and limited partners for the three and six months ended June 30, 2014 is set forth in the table below. Our distributions are declared subsequent to quarter end. Therefore, the table below presents total cash distributions applicable to the period in which the distributions are earned (in thousands, except per unit amounts):

	Three Months Ended June 30,				Six Months Ended June 30,
	2014		2013		2014		2013
General partner's distributions:
General partner's distributions	$	235	$	193	$	444	$	382
General partner's incentive distribution rights	189		—		189		—
Total general partner's distributions	424		193		633		382
Limited partners' distributions:
Common	$	5,787	$	4,755	$	10,952	$	9,375
Subordinated	5,699		4,740		10,799		9,360
Total limited partners' distributions	11,486		9,495		21,751		18,735
Total cash distributions	$	11,910	$	9,688	$	22,384	$	19,117
Cash distributions per limited partner unit	$	0.475	$	0.395	$	0.900	$	0.780

8. Equity Based Compensation

We incurred a nominal amount and $0.1 million of unit-based compensation expense related to the Partnership during the three and six months ended June 30, 2014, respectively, and $0.1 million during both the three and six months ended June 30, 2013. The fair value of phantom unit awards under the LTIP is determined based on the closing price of our common limited partner units on the grant date. The estimated fair value of our phantom units is amortized over the vesting period using the straight line method. Awards vest over a five-year service period. As of June 30, 2014, there was $1.0 million of total unrecognized compensation cost related to non-vested equity-based compensation arrangements, which is expected to be recognized over a weighted-average period of 3.4 years.

9. Segment Data

We report our assets and operating results in two reportable segments: (i) pipelines and transportation and (ii) wholesale marketing and terminalling:

• The pipelines and transportation segment provides crude oil gathering, and crude oil, intermediate and finished products transportation and storage services to Delek's refining operations and independent third parties.

• The wholesale marketing and terminalling segment provides marketing and terminalling services to Delek's refining operations and independent third parties.

Our operating segments adhere to the same accounting policies used for our consolidated financial statements. Our operating segments are managed separately because each segment requires different industry knowledge, technology and marketing strategies. Decisions concerning the allocation of resources and assessment of operating performance are made based on this segmentation. Management measures the operating performance of each reportable segment based on segment contribution margin. Segment contribution margin is defined as net sales less cost of sales and operating expenses, excluding depreciation and amortization.

On February 10, 2014, we acquired the El Dorado Terminal and Tank Assets from Delek. Our historical financial statements have been retrospectively adjusted to reflect the results of operations attributable to the El Dorado Terminal and Tank Assets as if we owned the assets for all periods presented. The results of the El Dorado Terminal and the El Dorado Storage Tanks are included in the wholesale marketing and terminalling segment and the pipelines and transportation segment, respectively.

On July 26, 2013, we acquired the Tyler Terminal and Tank Assets from Delek. Our historical financial statements have been retrospectively adjusted to reflect the results of operations attributable to the Tyler Terminal and Tank Assets as if we owned the

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assets for all periods presented. The results of the Tyler Terminal and the Tyler Tank Assets are included in the wholesale marketing and terminalling segment and the pipelines and transportation segment, respectively.

The following is a summary of business segment operating performance as measured by contribution margin for the period indicated (in thousands):

	Three Months Ended June 30, 2014
	Pipelines and Transportation		Wholesale Marketing and Terminalling		Consolidated
Net sales	$	23,066	$	213,277	$	236,343
Operating costs and expenses:
Cost of goods sold	1,130		195,444		196,574
Operating expenses	7,745		1,799		9,544
Segment contribution margin	$	14,191	$	16,034	30,225
General and administrative expenses					2,242
Depreciation and amortization					3,532
Loss on asset disposals					74
Operating income					$	24,377
Total assets	$	222,115	$	92,324	$	314,439
Capital spending (excluding business combinations)	$	212	$	756	$	968

	Three Months Ended June 30, 2013
	Pipelines and Transportation		Wholesale Marketing and Terminalling		Consolidated
Net sales	$	13,667	$	216,475	$	230,142
Operating costs and expenses:
Cost of goods sold	—		207,966		207,966
Operating expenses	8,064		1,864		9,928
Segment contribution margin	$	5,603	$	6,645	12,248
General and administrative expenses					1,521
Depreciation and amortization					3,284
Operating income					$	7,443
Capital spending (excluding business combinations) (1)	$	2,542	$	883	$	3,425

⁽¹⁾ Capital spending includes expenditures incurred in connection with the assets acquired in the El Dorado Acquisition and the Tyler Acquisition.

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	Six Months Ended June 30, 2014
	Pipelines and Transportation		Wholesale Marketing and Terminalling		Consolidated
Net sales	$	43,334	$	396,536	$	439,870
Operating costs and expenses:
Cost of goods sold	2,256		366,527		368,783
Operating expenses	14,744		4,119		18,863
Segment contribution margin	$	26,334	$	25,890	52,224
General and administrative expenses					4,905
Depreciation and amortization					7,009
Loss on asset disposals					74
Operating income					$	40,236
Capital spending (excluding business combinations) (1)	$	1,149	$	784	$	1,933

⁽¹⁾ Capital spending includes expenditures incurred in connection with the assets acquired in the El Dorado Acquisition.

	Six Months Ended June 30, 2013
	Pipelines and Transportation		Wholesale Marketing and Terminalling		Consolidated
Net sales	$	27,204	$	413,832	$	441,036
Operating costs and expenses:
Cost of goods sold	—		395,826		395,826
Operating expenses	15,478		3,531		19,009
Segment contribution margin	$	11,726	$	14,475	26,201
General and administrative expenses					3,723
Depreciation and amortization					6,825
Operating income					$	15,653
Capital spending (excluding business combinations) (1)	$	6,058	$	1,081	$	7,139

⁽¹⁾ Capital spending includes expenditures incurred in connection with the assets acquired in the Tyler Acquisition and El Dorado Acquisition.

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Property, plant and equipment, accumulated depreciation and depreciation expense by reporting segment as of and for the three and six months ended June 30, 2014 were as follows (in thousands):

	Pipelines and Transportation			Wholesale Marketing and Terminalling			Consolidated
Property, plant and equipment	$	247,241		$	19,195		$	266,436
Less: accumulated depreciation	(38,296		)	(7,547		)	(45,843		)
Property, plant and equipment, net	$	208,945		$	11,648		$	220,593
Depreciation expense for the three months ended June 30, 2014	$	2,561		$	706		$	3,267
Depreciation expense for the six months ended June 30, 2014	$	4,749		$	1,729		$	6,478

In accordance with ASC 360, Property, Plant & Equipment, we evaluate the realizability of property, plant and equipment as events occur that might indicate potential impairment.

10. Fair Value Measurements

The fair values of financial instruments are estimated based upon current market conditions and quoted market prices for the same or similar instruments. Management estimates that the carrying value approximates fair value for all of our assets and liabilities that fall under the scope of ASC 825, Financial Instruments.

We apply the provisions of ASC 820, Fair Value Measurements ("ASC 820"), which defines fair value, establishes a framework for its measurement and expands disclosures about fair value measurements. ASC 820 applies to our interest rate and commodity derivatives that are measured at fair value on a recurring basis. The standard also requires that we assess the impact of nonperformance risk on our derivatives. Nonperformance risk is not considered material at this time.

ASC 820 requires disclosures that categorize assets and liabilities measured at fair value into one of three different levels depending on the observability of the inputs employed in the measurement. Level 1 inputs are quoted prices in active markets for identical assets or liabilities. Level 2 inputs are observable inputs other than quoted prices included within Level 1 for the asset or liability, either directly or indirectly through market-corroborated inputs. Level 3 inputs are unobservable inputs for the asset or liability reflecting our assumptions about pricing by market participants.

Interest rate swaps and caps are generally valued using industry-standard models that consider various assumptions, including quoted forward prices for interest rates, time value, volatility factors and contractual prices for the underlying instruments, as well as other relevant economic measures. The degree to which these inputs are observable in the forward markets determines the classification as Level 2 or 3. Our contracts are valued using quotations provided by brokers based on exchange pricing and/or price index developers such as Platts or Argus and are, therefore, classified as Level 2.

The fair value hierarchy for our financial assets accounted for at fair value on a recurring basis at June 30, 2014 and December 31, 2013 was as follows (in thousands):

	As of June 30, 2014
	Level 1		Level 2			Level 3		Total
Assets
Interest rate derivatives	$	—	$	41		$	—	$	41
Commodity derivatives	—		309			—		309
Total assets	—		350			—		350
Liabilities
Commodity derivatives	—		(21		)	—		(21		)
Net assets	$	—	$	329		$	—	$	329

	As of December 31, 2013
	Level 1		Level 2		Level 3		Total
Assets
Interest rate derivatives	$	—	$	116	$	—	$	116

The derivative values above are based on analysis of each contract as the fundamental unit of account as required by ASC 820. Derivative assets and liabilities with the same counterparty are not netted where the legal right of offset exists. This differs from the presentation in the financial statements which reflects our policy under the guidance of ASC 815-10-45, Derivatives and Hedging - Other Presentation Matters ("ASC 815-10-45"), wherein we have elected to offset the fair value amounts recognized for multiple derivative instruments executed with the same counterparty where the legal right of offset exists.

Our policy under the guidance of ASC 815-10-45 is to net the fair value amounts recognized for multiple derivative instruments executed with the same counterparty and offset these values against the cash collateral arising from these derivative positions. As of June 30, 2014 and December 31, 2013, respectively, $0.3 million and zero cash collateral was held by counterparty brokerage firms.

11. Derivative Instruments

From time to time, we enter into forward fuel contracts to limit the exposure to price fluctuations for physical purchases of finished products in the normal course of business. We use derivatives to reduce normal operating and market risks with a primary objective in derivative instrument use being the reduction of the impact of market price volatility on our results of operations.

We enter into forward fuel contracts with major financial institutions in which we fix the purchase price of finished grade fuel for a predetermined number of units with fulfillment terms of less than 90 days. During the three and six months ended June 30, 2014 and June 30, 2013, we did not elect hedge treatment for these derivative positions. As a result, all changes in fair value are marked to market in the accompanying condensed consolidated statements of income.

From time to time, we may also enter into interest rate hedging agreements to limit floating interest rate exposure under the Amended and Restated Credit Agreement. The prior credit facility required us to maintain interest rate hedging arrangements on at least 50% of the amount funded on November 7, 2012 under the credit facility, which was required to be in place for at least a three-year period beginning no later than March 7, 2013.Effective February 25, 2013, we entered into interest rate hedges in the form of a LIBOR interest rate cap for a term of three years for a total notional amount of $45.0 million, thereby meeting the requirements in effect at that time. These requirements were eliminated in connection with the Amended and Restated Credit Agreement in July 2013.

The tables below present the fair value of our derivative instruments, as of June 30, 2014 and December 31, 2013 (in thousands).

		June 30, 2014						December 31, 2013
Derivative Type	Balance Sheet Location	Assets			Liabilities			Assets		Liabilities
Derivatives not designated as hedging instruments:
Interest rate derivatives	Other long term assets	$	41		$	—		$	116	$	—
Commodity derivatives (1)	Other current assets	309			(21		)	—		—
Total gross value of derivatives		$	350		$	(21	)	$	116	$	—
Less: Counterparty netting and cash collateral (2)		(264		)	(21		)	—		—
Total net fair value of derivatives		$	614		$	—		$	116	$	—

⁽¹⁾ As of June 30, 2014, we had open derivative contracts representing 182,000 barrels of refined petroleum products.

⁽²⁾ As of June 30, 2014, $0.3 million of cash collateral associated with our commodity derivatives has been netted with the derivative positions with each counterparty.

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Recognized gains (losses) associated with derivatives not designated as hedging instruments for the three and six months ended June 30, 2014 and 2013 were as follows (in thousands):

		Three Months Ended June 30,					Six Months Ended June 30,
Derivative Type	Income Statement Location	2014			2013		2014			2013
Interest rate derivatives	Interest expense	$	(54	)	$	92	$	(75	)	$	25
Commodity derivatives	Cost of goods sold	(175		)	101		(304		)	(103		)
	Total	$	(229	)	$	193	$	(379	)	$	(78	)

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12. Commitments and Contingencies

Litigation

In the ordinary conduct of our business, we are from time to time subject to lawsuits, investigations and claims, including environmental claims and employee-related matters. Although we cannot predict with certainty the ultimate resolution of lawsuits, investigations and claims asserted against us, including civil penalties or other enforcement actions, we do not believe that any currently pending legal proceeding or proceedings to which we are a party will have a material adverse effect on our business, financial condition or results of operations.

Rate Regulation of Petroleum Pipelines

The rates and terms and conditions of service on certain of our pipelines are subject to regulation by the Federal Energy Regulatory Commission (“FERC”) under the Interstate Commerce Act (“ICA”) and by the state regulatory commissions in the states in which we transport crude oil and refined products, including the Railroad Commission of Texas, the Louisiana Public Service Commission, and the Arkansas Public Service Commission. Certain of our pipeline systems are subject to such regulation and have filed tariffs with the appropriate entities. We also comply with the reporting requirements for these pipelines. Other of our pipelines have received a waiver from the application of FERC's tariff requirements but comply with other applicable regulatory requirements.

FERC regulates interstate transportation under the ICA, the Energy Policy Act of 1992 and the rules and regulations promulgated under those laws. The ICA and its implementing regulations require that tariff rates for interstate service on oil pipelines, including pipelines that transport crude oil and refined products in interstate commerce (collectively referred to as “petroleum pipelines”), be just and reasonable and non-discriminatory and that such rates and terms and conditions of service be filed with FERC. Under the ICA, shippers may challenge new or existing rates or services. FERC is authorized to suspend the effectiveness of a challenged rate for up to seven months, though rates are typically not suspended for the maximum allowable period. Tariff rates are typically contractually subject to increase or decrease on July 1 of each year, beginning on July 1, 2013, by the amount of any change in FERC oil pipeline index or, in the case of the east Texas marketing agreement and the Tyler Throughput and Tankage Agreement, to other inflation-based indexes; provided, however, that in no event will the fees be adjusted below the amount initially set forth in the applicable agreement.

While FERC regulates rates for shipments of crude oil or refined products in interstate commerce, state agencies may regulate rates and service for shipments in intrastate commerce. We own pipeline assets in Texas, Arkansas, and Louisiana.

Environmental Health and Safety

We are subject to various federal, state and local environmental and safety laws enforced by agencies including the U.S. Environmental Protection Agency (the "EPA"), the U.S. Department of Transportation ("DOT") / Pipeline and Hazardous Materials Safety Administration, the U.S. Department of Labor / Occupational Safety and Health Administration, the Texas Commission on Environmental Quality, the Texas Railroad Commission, the Arkansas Department of Environmental Quality (the "ADEQ"), the Louisiana Oil Spill Coordinating Office, the Louisiana Department of Environmental Quality, the Louisiana Department of Wildlife and Fisheries and the Tennessee Department of Environment and Conservation as well as other state and federal agencies. Numerous permits or other authorizations are required under these laws for the operation of our terminals, pipelines, and related operations, and may be subject to revocation, modification and renewal.

These laws and permits raise potential exposure to future claims and lawsuits involving environmental and safety matters which could include soil and water contamination, air pollution, personal injury and property damage allegedly caused by substances which we manufactured, handled, used, released or disposed of, or that relate to pre-existing conditions for which we have assumed responsibility. We believe that our current operations are in substantial compliance with existing environmental and safety requirements. However, there have been and will continue to be ongoing discussions about environmental and safety matters between us and federal and state authorities, including notices of violations, citations and other enforcement actions, some of which have resulted or may result in changes to operating procedures and in capital expenditures. While it is often difficult to quantify future environmental or safety related expenditures, we anticipate that continuing capital investments and changes in operating procedures will be required for the foreseeable future to comply with existing and new requirements as well as evolving interpretations and more strict enforcement of existing laws and regulations.

Crude Oil Releases

We have detected several crude oil releases, including a release at our Magnolia Station in March 2013, a release near Macedonia, Arkansas in October 2013 and a release in Haynesville, Louisiana in April 2014. We incurred costs of $0.3 million

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during the six months ended June 30, 2013 related to the release at Magnolia Station. We also incurred costs of $0.3 million in the fourth quarter 2013 related to the release near Macedonia and $1.0 million during the three and six months ended June 30, 2014 related to the release in Haynesville. As of June 30, 2014, we have accrued $1.5 million and $2.5 million for additional remediation expenses expected to be incurred for the Macedonia and Haynesville spills, respectively. However, we do not believe the total costs associated with these events, whether alone or in the aggregate, including any fines or penalties and net of partial insurance reimbursement, will have a material adverse effect upon our business, financial condition or results of operations as Delek is required, pursuant to the terms of the Omnibus Agreement (as defined in Note 13), to pay to us any costs in excess of $0.3 million with respect to the releases at our Magnolia Station and near Macedonia, Arkansas and costs in excess of $1.0 million with respect to the release near Haynesville.

Contracts and Agreements

The majority of the petroleum products we sell in west Texas are purchased from Noble Petro, Inc. ("Noble Petro"). Under the terms of a supply contract (the "Abilene Contract") with Noble Petro, we have the right to purchase up to 20,350 bpd of petroleum products at the Abilene, Texas terminal, which we own, for sales at the Abilene and San Angelo terminals and to exchange barrels with third parties. We lease the Abilene and San Angelo, Texas terminals to Noble Petro, under a separate Terminal and Pipeline Lease and Operating Agreement, with a term that runs concurrent with that of the Abilene Contract. The Abilene Contract expires on December 31, 2017 and does not include any options for renewal. We also purchase spot barrels from various third parties and from Delek for sale to wholesale customers in west Texas.

Letters of Credit

As of June 30, 2014, we had in place letters of credit totaling approximately $13.5 million under the Amended and Restated Credit Agreement primarily securing obligations with respect to gasoline and diesel purchases. No amounts were drawn under these letters of credit at June 30, 2014.

Operating Leases

We lease certain equipment and have surface leases under various operating lease arrangements, most of which provide the option to renew after the initial lease term. None of these lease arrangements include fixed rental rate increases. Lease expense for all operating leases totaled $0.2 million and $0.4 million for the three and six months ended June 30, 2014, respectively, and $0.2 million and $0.4 million for the three and six months ended June 30, 2013, respectively.

In connection with the Tyler Acquisition, we and Delek entered into a lease and access agreement with respect to the real property on which the Tyler Terminal and Tank Assets are located. Under this agreement, we lease such real property from Delek for a nominal amount paid annually, with an initial term of 50 years with automatic renewal for a maximum of four successive 10-year periods thereafter.

In connection with the El Dorado Acquisition, we and Delek entered into a lease and access agreement with respect to the real property on which the El Dorado Terminal and Tank Assets are located. Under this agreement, we lease such real property from Delek for a nominal amount paid annually, with an initial term of 50 years with automatic renewal for a maximum of four successive 10-year periods thereafter.

We have a ground lease agreement with Lion Oil for approximately seven acres of land on Lion Oil's refinery site, on which an above-ground storage tank and related facilities are located. The tank and related facilities are used for the storage and throughput of crude oil or other hydrocarbon substances or any resulting refined products. The fees paid to Lion Oil were nominal for the three and six months ended June 30, 2014. The term of this agreement is co-terminous with the El Dorado lease and access agreement discussed above.

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13. Related Party Transactions

Commercial Agreements

The Partnership has various long-term, fee-based commercial agreements with Delek under which we provide crude oil gathering, crude oil and intermediate and refined products transportation and storage services and marketing and terminalling services to Delek. Each of these agreements include minimum quarterly volume or throughput commitments and have tariffs or fees indexed to inflation, provided that the tariffs or fees will not be decreased below the initial amount. Fees under each agreement are payable to us monthly by Delek or certain third parties to whom Delek has assigned certain of its rights. In most circumstances, if Delek or the applicable third party assignee fails to meet or exceed the minimum volume or throughput commitment during any calendar quarter, Delek, and not any third party assignee, will be required to make a quarterly shortfall payment to us equal to the volume of the shortfall multiplied by the applicable fee.

The tariffs, throughput fees and the storage fees under our agreements with Delek are subject to increase or decrease on July 1 of each year, by the amount of any change in the FERC oil pipeline index or, in the case of the east Texas marketing agreement, to the consumer price index and, in the case of the El Dorado and Tyler Terminal and Tank Assets, to other inflation-based indexes; provided, however, that in no event will the fees be adjusted below the amount initially set forth in the applicable agreement.

We believe the terms and conditions under these agreements, as well as our other agreements with Delek described below, are generally no less favorable to either party than those that could have been negotiated with unaffiliated parties with respect to similar services. See our Annual Report on Form 10-K for a description of certain of our commercial agreements and other agreements with Delek. During the six months ended June 30, 2014, we entered into the following commercial agreements with Delek:

Asset/Operation	Initiation Date	Initial/Maximum Term (years) (1)	Service	Minimum Throughput Commitment (bpd)	Fee
El Dorado Throughput and Tankage:
Refined Products Throughput	February 2014	8 / 16	Dedicated Terminalling and storage	11,000	$0.50/bbl (2)
Storage	February 2014			N/A	$1,299,000/month (2)
El Dorado Lease and Access	February 2014	50	Real property lease	N/A	$100 annually (3)
El Dorado Site Services	February 2014	8 / 16	Shared services	N/A	$200,000 annually (3)

⁽¹⁾  Maximum term gives effect to the extension of the commercial agreement pursuant to the terms thereof.

⁽²⁾  Fees payable to the Partnership by Delek.

⁽³⁾  Fees payable to Delek by the Partnership.

El Dorado Throughput and Tankage Agreement. On February 10, 2014, in connection with the El Dorado Acquisition, Lion Oil, OpCo and, for limited purposes, J. Aron & Company ("J. Aron"), entered into the El Dorado Throughput and Tankage Agreement. Under the El Dorado Throughput and Tankage Agreement, OpCo will provide Lion Oil with throughput and storage services in return for payment of certain throughput and storage fees. The initial term of the El Dorado Throughput and Tankage Agreement is eight years and Lion Oil, at its sole option, may extend the term for two renewal terms of four years each. Effective February 10, 2014, Lion Oil assigned to J. Aron its rights to use and transport materials through the El Dorado Terminal and Tank Assets until the expiration of Lion Oil’s amended and restated supply and offtake agreement with J. Aron. Despite the assignment, Lion Oil still retains certain rights and obligations under the El Dorado Throughput and Tankage Agreement.

El Dorado Lease and Access Agreement. In connection with the El Dorado Acquisition, Lion Oil and OpCo entered into the El Dorado Lease and Access Agreement (the "El Dorado Lease"). Under the El Dorado Lease, OpCo leases from Lion Oil the real property on which the El Dorado Terminal and Tank Assets are located. The El Dorado Lease has an initial term of 50 years with automatic renewal for a maximum of four successive 10-year periods thereafter.

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El Dorado Site Services Agreement. In connection with the El Dorado Acquisition, Lion Oil and OpCo also entered into the El Dorado Site Services Agreement. Under the El Dorado Site Services Agreement, Lion Oil provides OpCo with shared use of certain services, materials and facilities that are necessary to operate and maintain the El Dorado Terminal and Tank Assets as currently operated and maintained. The term of the El Dorado Site Services Agreement is co-terminous with the El Dorado Lease discussed above.

Omnibus Agreement

The Partnership entered into an Omnibus Agreement with Delek, our general partner, OpCo, Lion Oil and certain of the Partnership’s and Delek’s other subsidiaries upon the completion of the Offering. In this Periodic Report on Form 10-Q, the Partnership refers to this Omnibus Agreement as the “Omnibus Agreement.” On July 26, 2013, in connection with the Tyler Acquisition, the Partnership and the other parties entered into an amendment and restatement of the Omnibus Agreement (the “First Omnibus Amendment”). On February 10, 2014, in connection with the El Dorado Acquisition, the Partnership and the other parties entered into a second amendment and restatement of the Omnibus Agreement (the “Second Omnibus Amendment”). The Second Omnibus Amendment includes, among other things, the following: (i) certain modifications in the reimbursement by Delek and certain of its subsidiaries under the Omnibus Agreement for certain operating expenses and capital expenditures incurred by the Partnership or its subsidiaries, (ii) certain modifications of the indemnification provisions under the Omnibus Agreement in favor of the Partnership with respect to certain environmental matters, and (iii) the increase of the annual administrative fee payable by us to Delek under the Omnibus Agreement for general corporate and administrative services.

The annual administrative fee payable by the Partnership to Delek for general corporate and administrative services that Delek and its affiliates provide under the Second Omnibus Amendment increased from $3.0 million to $3.3 million, which is prorated and payable monthly.

Under the Second Omnibus Amendment, Delek has agreed to reimburse us for (i) certain expenses that we incur for inspections, maintenance and repairs to any storage tanks we acquired in the El Dorado Acquisition to cause such storage tanks to comply with applicable regulatory and/or industry standards, (ii) certain expenses that we incur for inspections, maintenance and repairs to most of the storage tanks contributed to us by Delek (subject to a deductible of $0.5 million per year) that are necessary to comply with the DOT pipeline integrity rules and certain American Petroleum Institute storage tank standards for a period of five years, and (iii) certain non-discretionary maintenance capital expenditures with respect to certain of our assets in excess of certain amounts, as disclosed in the full agreement filed as Exhibit 10.2 to our Current Report on Form 8-K filed with the SEC on February 14, 2014.

Predecessors' Transactions

Related-party transactions of the Predecessors were settled through division equity. Revenues from affiliates consist of revenues from gathering, pipeline transportation, storage, wholesale marketing and products terminalling services to Delek and its affiliates based on regulated tariff rates or contractually based fees.

Costs related specifically to us have been identified and included in the accompanying consolidated statements of income and comprehensive income. Prior to the Offering and the Tyler and El Dorado Acquisitions, we were not allocating certain corporate costs. These costs were primarily allocated based on a percentage of salaries expense and property, plant and equipment costs. In the opinion of management, the methods for allocating these costs are reasonable. It is not practicable to estimate the costs that would have been incurred by us if we had been operated on a stand-alone basis.

Summary of Transactions

A summary of revenue and expense transactions with Delek, including expenses directly charged and allocated to our Predecessors, are as follows (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2014		2013		2014		2013
Revenues	$	28,893	$	17,206	$	54,175	$	34,720
Operating and maintenance expenses (1)	5,161		3,598		10,553		7,347
General and administrative expenses (2)	1,182		1,086		2,464		2,286

⁽¹⁾  Operating and maintenance expenses include costs allocated to the Tyler Predecessor and the El Dorado Predecessor for operating support provided to the Tyler Predecessor by Delek Refining and to the El Dorado Predecessor by Lion Oil, including certain labor related costs, property and liability insurance costs and certain other operating expenses. The costs

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that were allocated to us by Delek Refining were $0.7 million and $1.4 million for the three and six months ended June 30, 2013, respectively. The costs that were allocated to us by Lion Oil were $0.4 million for the six months ended June 30, 2014 and $0.3 million and $0.6 million for the three and six months ended June 30, 2013, respectively.

⁽²⁾  General and administrative expenses include costs allocated to the Tyler Predecessor and El Dorado Predecessor for general and administrative support provided to the Tyler Predecessor by Delek Refining and to the El Dorado Predecessor by Lion Oil, including services such as corporate management, risk management, accounting and human resources. The costs that were allocated to us by Delek Refining were $0.2 million and $0.5 million for the three and six months ended June 30, 2013, respectively. The costs that were allocated to us by Lion Oil were $0.1 million for the six months ended June 30, 2014 and $0.2 million and $0.4 million for the three and six months ended June 30, 2013, respectively.

In accordance with our partnership agreement, our common, subordinated and general partner interests are entitled to receive quarterly distributions of available cash. In February and May 2014, we paid quarterly cash distributions, of which $6.3 million and $6.5 million, respectively, was paid to Delek and our general partner. On July 28, 2014, our general partner's board of directors declared a quarterly cash distribution of $0.475 per unit, based on the available cash as of the second quarter of 2014, payable on August 14, 2014, to unitholders of record on August 7, 2014. The distribution will consist of $7.5 million to both Delek and our general partner, including incentive distribution rights.

14. Subsequent Events

Distribution Declaration

On July 28, 2014, our general partner's board of directors declared a quarterly cash distribution of $0.475 per limited partner unit, based on the available cash as of the second quarter of 2014, payable on August 14, 2014, to unitholders of record on August 7, 2014.

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ITEM 2.MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

Unless the context otherwise requires, references in this report to "Delek Logistics Partners, LP," the "Partnership," and "we," "our," "us," or like terms, refer to Delek Logistics Partners, LP and its general partner and subsidiaries. Unless the context otherwise requires, references in this report to "Delek" refer collectively to Delek US Holdings, Inc. and any of its subsidiaries, other than Delek Logistics Partners, LP, its subsidiaries and its general partner. Those statements in this section that are not historical in nature should be deemed forward-looking statements that are inherently uncertain. See "Forward-Looking Statements" below for a discussion of the factors that could cause actual results to differ materially from those projected in such statements.

On February 10, 2014, the Partnership, through its wholly owned subsidiary Delek Logistics Operating, LLC ("OpCo") acquired from Delek (i) the refined products terminal (the “El Dorado Terminal”) located at Delek's El Dorado, Arkansas refinery (the "El Dorado Refinery") and (ii) 158 storage tanks and certain ancillary assets (the "El Dorado Storage Tanks" and together with the El Dorado Terminal, the “El Dorado Terminal and Tank Assets”) at and adjacent to the El Dorado Refinery (such transaction, the “El Dorado Acquisition”).

On July 26, 2013, the Partnership, through its wholly owned subsidiary Delek Marketing & Supply, LP, acquired from Delek (i) the refined products terminal (the “Tyler Terminal”) located at Delek's Tyler, Texas Refinery (the "Tyler Refinery") and (ii) 96 storage tanks and certain ancillary assets (the "Tyler Tank Assets" and together with the Tyler Terminal, the “Tyler Terminal and Tank Assets”) adjacent to the Tyler Refinery (such transaction, the “Tyler Acquisition”).

The El Dorado Acquisition and the Tyler Acquisition were accounted for as transfers between entities under common control. As an entity under common control with Delek, we record the assets that Delek has contributed to us on our balance sheet at Delek's historical basis instead of fair value. Transfers between entities under common control are accounted for as if the transfer occurred at the beginning of the period, and prior years are retrospectively adjusted to furnish comparable information. Accordingly, the accompanying financial statements and related notes of the Partnership have been retrospectively adjusted to include (i) the historical results of the El Dorado Terminal and Tank Assets for all periods presented through February 10, 2014 (the "El Dorado Predecessor"), and (ii) the historical results of the Tyler Terminal and Tank Assets for all periods presented through July 26, 2013 (the "Tyler Predecessor"). We refer to the historical results of the El Dorado and Tyler Predecessors collectively as our "Predecessors."

You should read the following discussion of our financial condition and results of operations in conjunction with our historical condensed consolidated financial statements and notes thereto.

Forward-Looking Statements

This Quarterly Report on Form 10-Q contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements reflect our current estimates, expectations and projections about our future results, performance, prospects and opportunities. Forward-looking statements include, among other things, the information concerning our possible future results of operations, business and growth strategies, financing plans, expectations that regulatory developments or other matters will not have a material adverse effect on our business or financial condition, our competitive position and the effects of competition, the projected growth of the industry in which we operate, and the benefits and synergies to be obtained from our completed and any future acquisitions, and statements of management’s goals and objectives, and other similar expressions concerning matters that are not historical facts. Words such as “may,” “will,” “should,” “could,” “would,” “predicts,” “potential,” “continue,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “appears,” “projects” and similar expressions, as well as statements in future tense, identify forward-looking statements.

Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at or by which such performance or results will be achieved. Forward-looking information is based on information available at the time and/or management’s good faith belief with respect to future events, and is subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the statements. Important factors that, individually or in the aggregate, could cause such differences include, but are not limited to:

• our substantial dependence on Delek or its assignees and its ability to pay us under our commercial agreements;

• the age of our assets and operating hazards and other risks incidental to transporting, storing and gathering crude oil, intermediate and refined products, including, but not limited to, spills, releases and tank failures;

• the timing and extent of changes in commodity prices and demand for Delek’s refined products;

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• the suspension, reduction or termination of Delek's or its assignees' or any third party's obligations under our commercial agreements;

• disruptions due to acts of God, equipment interruption or failure at our facilities, Delek’s facilities or third-party facilities on which our business is dependent;

• our reliance on information technology systems in our day-to-day operations;

• changes in general economic conditions;

• competitive conditions in our industry;

• actions taken by our customers and competitors;

• the demand for crude oil, refined products and transportation and storage services;

• our ability to successfully implement our business plan;

• our ability to complete internal growth projects on time and on budget;

• Delek's inability to grow as expected;

• natural disasters, weather-related delays, casualty losses and other matters beyond our control;

• interest rates;

• labor relations;

• large customer defaults;

• changes in the availability and cost of capital and the price and availability of debt and equity financing;

• changes in tax status;

• the effects of existing and future laws and governmental regulations, including, but not limited to, the rules and regulations promulgated by the Federal Energy Regulatory Commission (the "FERC");

• changes in insurance markets impacting costs and the level and types of coverage available;

• the effects of future litigation; and

• other factors discussed elsewhere in this Quarterly Report on Form 10-Q.

In light of these risks, uncertainties and assumptions, our actual results of operations and execution of our business strategy could differ materially from those expressed in, or implied by, the forward-looking statements, and you should not place undue reliance upon them. In addition, past financial and/or operating performance is not necessarily a reliable indicator of future performance and you should not use our historical performance to anticipate future period results or trends. There can be no assurance that any of the events anticipated by the forward-looking statements will occur or, if any such events do occur, what impact they will have on our results of operations and financial condition.

Forward-looking statements speak only as of the date the statements are made. We assume no obligation to update forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting forward-looking information except to the extent required by applicable securities laws. If we do update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect thereto or with respect to other forward-looking statements.

Business Overview

The Partnership primarily owns and operates crude oil and intermediate and refined products logistics and marketing assets. We gather, transport and store crude oil and market, distribute, transport and store refined products in select regions of the southeastern United States and Texas for Delek and third parties, primarily in support of Delek’s Tyler and El Dorado Refineries. A substantial majority of our existing assets are both integral to and dependent on the success of Delek’s refining operations, as most of our assets are contracted exclusively to Delek in support of its Tyler and El Dorado Refineries.

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The Partnership is not a taxable entity for federal income tax purposes or the income taxes of those states that follow the federal income tax treatment of partnerships. Instead, for purposes of these income taxes, each partner of the Partnership is required to take into account its share of items of income, gain, loss and deduction in computing its federal and state income tax liabilities, regardless of whether cash distributions are made to the partner by the Partnership. The taxable income reportable to each partner takes into account differences between the tax basis and the fair market value of our assets and financial reporting bases of assets and liabilities, the acquisition price of their units and the taxable income allocation requirements under our partnership agreement.

Our Reporting Segments and Assets

Our business consists of two operating segments: (i) our pipelines and transportation segment and (ii) our wholesale marketing and terminalling segment.

Our pipelines and transportation segment primarily consists of assets divided into seven operating systems: (i) our Lion Pipeline System, which includes the results of a pipeline for which we lease the capacity from Enterprise TE Products Pipeline Company, LLC, (ii) our SALA Gathering System, (iii) our Paline Pipeline System, (iv) our East Texas Crude Logistics System (including the Nettleton Pipeline and McMurrey Pipeline System), (v) the Tyler-Big Sandy Pipeline, (vi) the Tyler Tank Assets, and (vii) the El Dorado Storage Tanks. These assets provide crude oil gathering, crude oil and intermediate and refined products transportation and storage services primarily in support of Delek's refining operations in Tyler, Texas and El Dorado, Arkansas. Additionally, this segment provides crude oil transportation services to certain third parties, including a major integrated oil company. In providing these services, we do not take ownership of the products or crude oil that we transport or store; and, therefore, we are not directly exposed to changes in commodity prices.

Our wholesale marketing and terminalling segment consists primarily of the following assets: (i) refined products terminals in Abilene, Texas and San Angelo, Texas, which we lease to Noble Petro, Inc. (“Noble Petro”), (ii) product pipelines in west Texas connecting the Abilene and San Angelo terminals to the Magellan Orion pipeline, which we also lease to Noble Petro, (iii) refined products terminals in Big Sandy, Texas, Memphis, Tennessee, Nashville, Tennessee, and North Little Rock, Arkansas, (iv) the Tyler Terminal, and (v) the El Dorado Terminal. We generate revenue in our wholesale marketing and terminalling segment by providing marketing services for the refined products output of the Tyler Refinery, engaging in wholesale activity at our Abilene and San Angelo terminals, and at terminals owned by third parties, whereby we purchase light products for sale and exchange to third parties, and by providing terminalling services at our refined product terminals to independent third parties and Delek.

Recent Developments

On July 1, 2014, the tariffs, throughput fees and storage fees under our agreements with Delek that are subject to FERC increased by approximately 3.9%, the amount of the change in the FERC oil pipeline index. In the case of the east Texas marketing agreement and certain of our other agreements, the fees increased by the consumer price index and the producer price index, respectively, or approximately 1.6% for both.

How We Generate Revenue

The Partnership generates revenue by charging fees for gathering, transporting and storing crude oil and for marketing, distributing, transporting, throughputting and storing intermediate and refined products. A substantial majority of our contribution margin, which we define as net sales less cost of goods sold and operating expenses, is derived from commercial agreements with Delek with initial terms ranging from five to ten years, which we believe enhances the stability of our cash flows. As more fully described below, our commercial agreements with Delek include minimum volume commitments, which we believe will provide a stable revenue stream in the future.

Commercial Agreements

Commercial Agreements with Delek

The Partnership has various long-term, fee-based commercial agreements with Delek pursuant to which we provide crude oil gathering, crude oil and refined products transportation, and storage services and marketing and terminalling services to Delek, and Delek commits to provide us with minimum monthly throughput volumes of crude oil and refined products. See our Annual Report on Form 10-K for the year ended December 31, 2013 (our "Annual Report on Form 10-K") for a description of certain of our commercial and other agreements with Delek and our agreements with third parties.

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How We Evaluate Our Operations

We use a variety of financial and operating metrics to analyze our segment performance. These metrics are significant factors in assessing our operating results and profitability and include: (i) volumes (including pipeline throughput and terminal throughput and storage and sales volumes); (ii) contribution margin and gross margin per barrel; (iii) operating and maintenance expenses; and (iv) EBITDA and Distributable Cash Flow. We define EBITDA and distributable cash flow below.

Volumes. The amount of revenue we generate primarily depends on the volumes of crude oil and refined products that we handle or sell, as the case may be, in our pipeline, transportation, terminalling and marketing operations. These volumes are primarily affected by the supply of, and the demand for, crude oil and refined products in the markets served directly or indirectly by us or our assets. Although Delek has committed to minimum volumes under our commercial agreements, our results of operations will be impacted by:

• Delek’s utilization of our assets in excess of its minimum volume commitments;

• our ability to identify and execute acquisitions and organic expansion projects, and capture incremental Delek or third-party volumes;

• our ability to increase throughput volumes or sales at our refined products terminals and provide additional ancillary services at those terminals, such as ethanol blending and additives injection;

• our ability to identify and serve new customers in our marketing operations; and

• our ability to make connections to third-party facilities and pipelines.

Contribution Margin and Gross Margin per Barrel. Because we do not allocate general and administrative expenses by segment, we measure the performance of our segments by the amount of contribution margin generated in operations. Contribution margin is calculated as net sales less cost of sales and operating expenses.

For our wholesale marketing and terminalling segment, we also measure gross margin per barrel. The gross margin per barrel reflects the gross margin (net sales less cost of sales) of the wholesale marketing operations divided by the number of barrels of refined products sold during the measurement period. Both contribution margin and gross margin per barrel can be affected by fluctuations in the prices of gasoline, distillate fuel and Renewable Identification Numbers ("RINs"). Historically, the profitability of our wholesale marketing operations has been affected by commodity price volatility, specifically as it relates to changes in the price of refined products between the time we purchase such products from our suppliers and the time we sell the products to our wholesale customers, and the fluctuation in the value of RINs.

Operating and Maintenance Expenses. We seek to maximize the profitability of our operations by effectively managing operating and maintenance expenses. These expenses are comprised primarily of labor expenses, lease costs, utility costs, insurance premiums, repairs and maintenance expenses and property taxes. These expenses generally remain relatively stable across broad ranges of throughput volumes but can fluctuate from period to period depending on the mix of activities performed during that period and the timing of these expenses. We will seek to manage our maintenance expenditures on our pipelines and terminals by scheduling maintenance over time to avoid significant variability in our maintenance expenditures and minimize their impact on our cash flow.

Our operating and maintenance expenses will also be affected by the imbalance gain and loss provisions in our commercial agreements with Delek. Under our commercial agreements with Delek relating to our Lion Pipeline System and our East Texas Crude Logistics System, we will bear any crude oil and refined product volume losses on each of our pipelines in excess of 0.25%. Under our commercial agreements with Delek relating to our Memphis and Big Sandy Terminals, we will bear any refined product volume losses in each of our terminals in excess of 0.25%. The value of any crude oil or refined product imbalance gains or losses resulting from these contractual provisions is determined by reference to the monthly average reference price for the applicable commodity. Any gains and losses under these provisions will reduce or increase, respectively, our operating and maintenance expenses in the period in which they are realized.

EBITDA and Distributable Cash Flow. We define EBITDA as net income (loss) before net interest expense, income tax expense, depreciation and amortization expense. We define distributable cash flow as EBITDA less net cash paid for interest, maintenance and regulatory capital expenditures and income taxes. Distributable cash flow will not reflect changes in working capital balances. Distributable cash flow and EBITDA are not presentations made in accordance with accounting principles generally accepted in the United States ("U.S. GAAP").

EBITDA and distributable cash flow are non-U.S. GAAP supplemental financial measures that management and external users of our condensed consolidated financial statements, such as industry analysts, investors, lenders and rating agencies, may use to assess:

• our operating performance as compared to other publicly traded partnerships in the midstream energy industry, without regard to historical cost basis or, in the case of EBITDA, financing methods;

30

• the ability of our assets to generate sufficient cash flow to make distributions to our unitholders;

• our ability to incur and service debt and fund capital expenditures; and

• the viability of acquisitions and other capital expenditure projects and the returns on investment of various investment opportunities.

We believe that the presentation of EBITDA and distributable cash flow provides useful information to investors in assessing our financial condition and results of operations. EBITDA and distributable cash flow should not be considered alternatives to net income, operating income, cash from operations or any other measure of financial performance or liquidity presented in accordance with U.S. GAAP. EBITDA and distributable cash flow have important limitations as analytical tools because they exclude some but not all items that affect net income and net cash provided by operating activities. Additionally, because EBITDA and distributable cash flow may be defined differently by other companies in our industry, our definition of EBITDA may not be comparable to similarly titled measures of other companies, thereby diminishing its utility. For a reconciliation of EBITDA to its most directly comparable financial measures calculated and presented in accordance with U.S. GAAP, please refer to "Results of Operations—Statement of Operations Data" below.

Factors Affecting the Comparability of Our Financial Results

Our future results of operations may not be comparable to our historical results of operations for the reasons described below:

Revenues.There are differences between the way the Predecessors recorded revenues and the way the Partnership records revenues after the acquisitions of our Predecessors' assets. Because our assets, including the El Dorado Terminal and Tank Assets and the Tyler Terminal and Tank Assets, were historically a part of the integrated operations of Delek, the Predecessors generally recognized the costs and most revenue associated with the gathering, pipeline, transportation, terminalling and storage services provided to Delek on an intercompany basis or charged low throughput fees for transportation. Accordingly, the revenues in the Predecessors' condensed consolidated financial statements are different than those reflected in the Partnership's condensed consolidated financial statements as the Predecessors' amounts relate primarily to amounts received from third parties while the Partnership's revenues will reflect amounts associated with our commercial agreements with Delek in addition to amounts received from third parties.

The Partnership's revenues are generated from the commercial agreements that we entered into with Delek and from agreements and arrangements with third parties pursuant to which we receive fees for gathering, transporting and storing crude oil and marketing, transporting, storing and terminalling intermediate and refined products. Certain of these contracts contain minimum volume commitments and fees that are indexed for inflation. In addition, the tariff rates for our assets that are subject to inflation indexing will be adjusted annually on July 1 of each year. We expect to generate revenue from ancillary services, such as ethanol blending and additive injection, and from transportation and terminalling fees on our pipeline systems and terminals for volumes in excess of the minimum volume committed under our agreements with Delek.

General and Administrative Expenses.The Predecessor's general and administrative expenses included direct monthly charges for the management and operation of our logistics assets and certain expenses allocated by Delek for general corporate services, such as treasury, accounting and legal services. These expenses were charged or allocated to the Predecessors based on the nature of the expenses and our proportionate share of employee time and headcount.

Delek continues to charge the Partnership for the management and operation of our logistics assets, including an annual fee of $3.3 million for the provision of various centralized corporate services. Additionally, the Partnership will reimburse Delek for direct or allocated costs and expenses incurred by Delek or our general partner on behalf of the Partnership. The Partnership also incurs additional incremental annual general and administrative expense as a result of being a publicly traded partnership.

Financing. The Partnership has declared its intent to make a cash distribution to its unitholders at a distribution rate of $0.475 per limited partner unit for the quarter ended June 30, 2014 ($1.90 per unit on an annualized basis). Our partnership agreement requires that the Partnership distribute to its unitholders quarterly all of its available cash as defined in the partnership agreement. As a result, the Partnership expects to fund future capital expenditures primarily from operating cash flows, borrowings under our amended and restated senior secured revolving credit agreement (the "Amended and Restated Credit Agreement") and future issuances of equity and debt securities.

Market Trends. Our results of operations are impacted by our ability to utilize our existing assets to fulfill the long-term fee-based agreements we have entered into with Delek and with third parties. Overall demand for gathering and terminalling services in a particular area is generally driven by crude oil production in the area, refining economics and access to alternate delivery and transportation infrastructure. Any of these factors is subject to change over time. As part of our overall business strategy, management considers aspects such as location, acquisition and expansion opportunities and factors impacting the utilization of the refineries, and therefore throughput volumes, which may impact our performance in the market.

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Seasonality and Customer Maintenance Programs

The volume and throughput of crude oil and refined products transported through our pipelines and sold through our terminals and to third parties is directly affected by the level of supply and demand for all of such products in the markets served directly or indirectly by our assets. Supply and demand for such products fluctuates during the calendar year. Demand for gasoline, for example, is generally higher during the summer months than during the winter months due to seasonal increases in motor vehicle traffic. Demand for asphalt products, which is a substantial product of the El Dorado Refinery, is also lower in the winter months. In addition, our refining customers, such as Delek, occasionally reduce or suspend operations to perform planned maintenance during the winter, when demand for their products is lower. Accordingly, these factors can affect the need for crude oil or finished products by our customers and therefore limit our volumes or throughput during these periods, and our operating results will generally be lower during the first and fourth quarters of the year. We believe, however, that many of the potential effects of seasonality on our revenues and contribution margin will be substantially mitigated due to our commercial agreements with Delek that include minimum volume and throughput commitments.

Contractual Obligations

There have been no material changes to our contractual obligations and commercial commitments during the six months ended June 30, 2014 from those disclosed in our Annual Report on Form 10-K.

Critical Accounting Policies

The preparation of our condensed consolidated financial statements requires us to make estimates and judgments that affect the reported amounts of assets, liabilities, revenues and expenses and related disclosure of contingent assets and liabilities. The Securities and Exchange Commission has defined critical accounting policies as those that are both most important to the portrayal of our financial condition and results of operations and require our most difficult, complex or subjective judgments or estimates. Based on this definition and as further described in our Annual Report on Form 10-K, we believe our critical accounting policies include the following: (i) evaluating impairment for property, plant and equipment and definite life intangibles, (ii) valuing goodwill and potential impairment, and (iii) estimating environmental expenditures. For all financial statement periods presented, there have been no material modifications to the application of these critical accounting policies or estimates since our Annual Report on Form 10-K.

32

Results of Operations

A discussion and analysis of the factors contributing to our results of operations is presented below. The accompanying condensed consolidated financial statements and related notes of the Partnership have been retrospectively adjusted to include the historical results of the El Dorado Terminal and Tank Assets for all periods presented through February 10, 2014 and the historical results of the Tyler Terminal and Tank Assets for all periods presented through July 26, 2013. The financial statements, together with the following information, are intended to provide investors with a reasonable basis for assessing our historical operations, but should not serve as the only criteria for predicting our future performance.

The following table and discussion present a summary of our consolidated results of operations for the three and six months ended June 30, 2014 and 2013 including a reconciliation of EBITDA to net income and net cash provided by (used in) operating activities and distributable cash flow to net income (in thousands, except unit and per unit amounts). Our financial results may not be comparable as our Predecessors recorded revenues, general and administrative expenses and financed operations differently than the Partnership. See "Factors Affecting the Comparability of Our Financial Results" in this Quarterly Report on Form 10-Q for additional information.

33

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2014			2013 (2)			2014 (1)			2013 (2)
Statement of Operations Data:	(In thousands, except per unit amounts)
Net sales:
Pipelines and transportation	$	23,066		$	13,667		$	43,334		$	27,204
Wholesale marketing and terminalling	213,277			216,475			396,536			413,832
Total	236,343			230,142			439,870			441,036
Operating costs and expenses:
Cost of goods sold	196,574			207,966			368,783			395,826
Operating expenses	9,544			9,928			18,863			19,009
General and administrative expenses	2,242			1,521			4,905			3,723
Depreciation and amortization	3,532			3,284			7,009			6,825
Loss on sale of assets	74			—			74			—
Total operating costs and expenses	211,966			222,699			399,634			425,383
Operating income	24,377			7,443			40,236			15,653
Interest expense	2,342			752			4,325			1,569
Income before taxes	22,035			6,691			35,911			14,084
Income tax expense	281			118			428			240
Net income	$	21,754		$	6,573		$	35,483		$	13,844
Less: (loss) income attributable to Predecessors	—			(5,183		)	(943		)	(10,116		)
Net income attributable to partners	$	21,754		$	11,756		$	36,426		$	23,960
Comprehensive income attributable to partners	$	21,754		$	11,756		$	36,426		$	23,960
EBITDA(3)	$	27,909		$	10,727		$	47,245		$	22,478
Less: General partner's interest in net income (2%), including incentive distribution rights	(620		)	(234		)	(914		)	(478		)
Limited partners' interest in net income	$	21,134		$	11,522		$	35,512		$	23,482
Net income per limited partner unit:
Common units - (basic)	$	0.88		$	0.48		$	1.47		$	0.98
Common units - (diluted)	$	0.87		$	0.47		$	1.46		$	0.97
Subordinated units - Delek (basic and diluted)	$	0.87		$	0.48		$	1.47		$	0.98
Weighted average limited partner units outstanding:
Common units - (basic)	12,159,732			12,006,843			12,156,135			12,003,071
Common units - (diluted)	12,291,273			12,159,084			12,281,598			12,128,764
Subordinated units - Delek (basic and diluted)	11,999,258			11,999,258			11,999,258			11,999,258
Distributable Cash Flow (3)	$	24,031		$	6,140		39,980			$	13,068

⁽¹⁾ The information presented includes the results of operations of the El Dorado Predecessor. Prior to the El Dorado Acquisition, the El Dorado Predecessor did not record revenues for intercompany terminalling and storage services.

⁽²⁾ The information presented includes the results of operations of our Predecessors. Prior to the completion of the El Dorado Acquisition and the Tyler Acquisition, our Predecessors did not record revenues for intercompany terminalling and storage services.

⁽³⁾ For a definition of EBITDA and distributable cash flow, please see "How We Evaluate Our Operations—EBITDA and Distributable Cash Flow" above.

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	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2014			2013 (2)			2014 (1)			2013 (2)
	(In thousands)
Reconciliation of EBITDA to net income:
Net income	$	21,754		$	6,573		$	35,483		$	13,844
Add:
Income tax expense	281			118			428			240
Depreciation and amortization	3,532			3,284			7,009			6,825
Interest expense, net	2,342			752			4,325			1,569
EBITDA(3)	$	27,909		$	10,727		$	47,245		$	22,478
Reconciliation of EBITDA to net cash from operating activities:
Net cash provided by operating activities	$	31,211		$	14,234		$	44,800		$	12,214
Amortization of unfavorable contract liability to revenue	667			667			1,334			1,334
Amortization of debt issuance costs	(317		)	(186		)	(634		)	(374		)
Accretion of asset retirement obligations	(89		)	(88		)	(209		)	(149		)
Deferred taxes	(57		)	16			(52		)	17
Loss on sale of assets	(74		)	—			(74		)	—
Unit-based compensation expense	(63		)	(112		)	(121		)	(112		)
Changes in assets and liabilities	(5,992		)	(4,674		)	(2,552		)	7,739
Income taxes	281			118			428			240
Interest expense, net	2,342			752			4,325			1,569
EBITDA(3)	$	27,909		$	10,727		$	47,245		$	22,478
Reconciliation of distributable cash flow to EBITDA:
EBITDA (3)	$	27,909		$	10,727		$	47,245		$	22,478
Less: Cash interest expense, net (4)	2,025			566			3,691			1,195
Less: Maintenance and Regulatory capital expenditures (5)	814			2,595			1,597			5,244
Less: Capital improvement expenditures (6)	154			829			336			1,895
Add: Reimbursement from Delek for capital expenditures (6)	—			153			—			463
Less: Income tax expense	281			118			428			240
Add: Non-cash unit based compensation expense	63			112			121			112
Less: Amortization of deferred revenue	—			77			—			77
Less: Amortization of unfavorable contract liability	667			667			1,334			1,334
Distributable cash flow (3)	$	24,031		$	6,140		$	39,980		$	13,068

⁽¹⁾ The information presented includes the results of operations of the El Dorado Predecessor. Prior to the El Dorado Acquisition, the El Dorado Predecessor did not record revenues for intercompany terminalling and storage services.

⁽²⁾ The information presented includes the results of operations of our Predecessors. Prior to the completion of the El Dorado Acquisition and the Tyler Acquisition, our Predecessors did not record revenues for intercompany terminalling and storage services.

⁽³⁾ For a definition of EBITDA and distributable cash flow, please see "How We Evaluate Our Operations—EBITDA and Distributable Cash Flow" above.

⁽⁴⁾ Cash interest expense, net excludes the amortization of debt issuance costs.

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⁽⁵⁾ Maintenance and regulatory capital expenditures represent cash expenditures (including expenditures for the addition or improvement to, or the replacement of, our capital assets, and for the acquisition of existing, or the construction or development of new, capital assets) made to maintain our long-term operating income or operating capacity. Examples of maintenance and regulatory capital expenditures are expenditures for the repair, refurbishment and replacement of pipelines and terminals, to maintain equipment reliability, integrity and safety and to address environmental laws and regulations.

⁽⁶⁾ For the three and six-month period ended June 30, 2013, Delek reimbursed us for certain capital expenditures pursuant to the terms of the Omnibus Agreement.

The following tables include reconciliations of EBITDA and distributable cash flow to net income and EBITDA to net cash from operating activities for the six months ended June 30, 2014 and for the three and six months ended June 30, 2013, disaggregated to present the results of operations of the Partnership, the El Dorado Terminal and Tank Assets and the Tyler Terminal and Tank Assets (in thousands):

36

	Delek Logistics Partners, LP			El Dorado Terminal and Tank Assets			Six Months Ended June 30, 2014
				El Dorado Predecessor
Reconciliation of EBITDA to net (loss) income:
Net income (loss)	$	36,426		$	(943	)	$	35,483
Add:
Income tax expense	428			—			428
Depreciation and amortization	6,895			114			7,009
Interest expense, net	4,325			—			4,325
EBITDA(1)	$	48,074		$	(829	)	$	47,245
Reconciliation of EBITDA to net cash from operating activities:
Net cash provided by (used in) operating activities	$	45,629		$	(829	)	$	44,800
Amortization of unfavorable contract liability to revenue	1,334			—			1,334
Amortization of debt issuance costs	(634		)	—			(634		)
Accretion of asset retirement obligations	(215		)	6			(209		)
Deferred taxes	(52		)	—			(52		)
Loss on sale of assets	(74		)	—			(74		)
Unit-based compensation expense	(121		)	—			(121		)
Changes in assets and liabilities	(2,546		)	(6		)	(2,552		)
Income taxes	428			—			428
Interest expense, net	4,325			—			4,325
EBITDA(1)	$	48,074		$	(829	)	$	47,245
Reconciliation of distributable cash flow to EBITDA:
EBITDA (1)	$	48,074		$	(829	)	$	47,245
Less: Cash interest expense, net (2)	3,691			—			3,691
Less: Maintenance and Regulatory capital expenditures (3)	1,513			84			1,597
Less: Capital improvement expenditures	243			93			336
Less: Income tax expense	428			—			428
Add: Non-cash unit based compensation expense	121			—			121
Less: Amortization of unfavorable contract liability	1,334			—			1,334
Distributable cash flow (1)	$	40,986		$	(1,006	)	$	39,980

⁽¹⁾ For a definition of EBITDA and distributable cash flow, please see "How We Evaluate Our Operations—EBITDA and Distributable Cash Flow" above.

⁽²⁾ Cash interest expense, net excludes the amortization of debt issuance costs.

⁽³⁾ Maintenance and regulatory capital expenditures represent cash expenditures (including expenditures for the addition or improvement to, or the replacement of, our capital assets, and for the acquisition of existing, or the construction or development of new, capital assets) made to maintain our long-term operating income or operating capacity. Examples of maintenance and regulatory capital expenditures are expenditures for the repair, refurbishment and replacement of pipelines and terminals, to maintain equipment reliability, integrity and safety and to address environmental laws and regulations.

37

	Delek Logistics Partners, LP			Tyler Terminal and Tank Assets			El Dorado Terminal and Tank Assets			Three Months Ended June 30, 2013
				Tyler Predecessor			El Dorado Predecessor
Reconciliation of EBITDA to net (loss) income:
Net income (loss)	$	11,756		$	(2,859	)	$	(2,324	)	$	6,573
Add:
Income tax expense	118			—			—			118
Depreciation and amortization	2,372			614			298			3,284
Interest expense, net	752			—			—			752
EBITDA(1)	$	14,998		$	(2,245	)	$	(2,026	)	$	10,727
Reconciliation of EBITDA to net cash from operating activities:
Net cash provided by (used in) operating activities	$	18,653		$	(2,225	)	$	(2,194	)	$	14,234
Amortization of unfavorable contract liability to revenue	667			—			—			667
Amortization of debt issuance costs	(186		)	—			—			(186		)
Accretion of asset retirement obligations	(63		)	(23		)	(2		)	(88		)
Deferred taxes	16			—			—			16
Unit-based compensation expense	(112		)	—			—			(112		)
Changes in assets and liabilities	(4,847		)	3			170			(4,674		)
Income taxes	118			—			—			118
Interest expense, net	752			—			—			752
EBITDA(1)	$	14,998		$	(2,245	)	$	(2,026	)	$	10,727
Reconciliation of distributable cash flow to EBITDA:
EBITDA (1)	$	14,998		$	(2,245	)	$	(2,026	)	$	10,727
Less: Cash interest expense, net (2)	566			—			—			566
Less: Maintenance and Regulatory capital expenditures (3)	859			1,403			333			2,595
Less: Capital improvement expenditures (4)	194			487			148			829
Add: Reimbursement from Delek for capital expenditures (4)	153			—			—			153
Less: Income tax expense	118			—			—			118
Add: Non-cash unit based compensation expense	112			—			—			112
Less: Amortization of deferred revenue	77			—			—			77
Less: Amortization of unfavorable contract liability	667			—			—			667
Distributable cash flow (1)	$	12,782		$	(4,135	)	$	(2,507	)	$	6,140

38

	Delek Logistics Partners, LP			Tyler Terminal and Tank Assets			El Dorado Terminal and Tank Assets			Six Months Ended June 30, 2013
				Tyler Predecessor			El Dorado Predecessor
Reconciliation of EBITDA to net (loss) income:
Net income (loss)	$	23,960		$	(5,694	)	$	(4,422	)	$	13,844
Add:
Income tax expense	240			—			—			240
Depreciation and amortization	4,724			1,506			595			6,825
Interest expense, net	1,569			—			—			1,569
EBITDA(1)	$	30,493		$	(4,188	)	$	(3,827	)	$	22,478
Reconciliation of EBITDA to net cash from operating activities:
Net cash provided by (used in) operating activities	$	20,633		$	(4,148	)	$	(4,271	)	$	12,214
Amortization of unfavorable contract liability to revenue	1,334			—			—			1,334
Amortization of debt issuance costs	(374		)	—			—			(374		)
Accretion of asset retirement obligations	(98		)	(47		)	(4		)	(149		)
Deferred taxes	17			—			—			17
Loss on sale of assets	—			—			—			—
Unit-based compensation expense	(112		)	—			—			(112		)
Changes in assets and liabilities	7,284			7			448			7,739
Income taxes	240			—			—			240
Interest expense, net	1,569			—			—			1,569
EBITDA(1)	$	30,493		$	(4,188	)	$	(3,827	)	$	22,478
Reconciliation of distributable cash flow to EBITDA:
EBITDA (1)	$	30,493		$	(4,188	)	$	(3,827	)	$	22,478
Less: Cash interest expense, net (2)	1,195			—			—			1,195
Less: Maintenance and Regulatory capital expenditures (3)	1,792			2,905			547			5,244
Less: Capital improvement expenditures (4)	537			1,066			292			1,895
Add: Reimbursement from Delek for capital expenditures (4)	463			—			—			463
Less: Income tax expense	240			—			—			240
Add: Non-cash unit based compensation expense	112			—			—			112
Less: Amortization of deferred revenue	77			—			—			77
Less: Amortization of unfavorable contract liability	1,334			—			—			1,334
Distributable cash flow (1)	$	25,893		$	(8,159	)	$	(4,666	)	$	13,068

⁽¹⁾ For a definition of EBITDA and distributable cash flow, please see "How We Evaluate Our Operations—EBITDA and Distributable Cash Flow" above.

⁽²⁾ Cash interest expense, net excludes the amortization of debt issuance costs.

⁽³⁾ Maintenance and regulatory capital expenditures represent cash expenditures (including expenditures for the addition or improvement to, or the replacement of, our capital assets, and for the acquisition of existing, or the construction or development

39

of new, capital assets) made to maintain our long-term operating income or operating capacity. Examples of maintenance and regulatory capital expenditures are expenditures for the repair, refurbishment and replacement of pipelines and terminals, to maintain equipment reliability, integrity and safety and to address environmental laws and regulations.

⁽⁴⁾ For the three- and six-month period ended June 30, 2013, Delek reimbursed us for certain capital expenditures pursuant to the terms of the Omnibus Agreement.

Segment Data:

	Three Months Ended June 30, 2014
(In thousands)	Pipelines and Transportation		Wholesale Marketing and Terminalling		Consolidated
Net sales	$	23,066	$	213,277	$	236,343
Operating costs and expenses:
Cost of goods sold	1,130		195,444		196,574
Operating expenses	7,745		1,799		9,544
Segment contribution margin	$	14,191	$	16,034	30,225
General and administrative expenses					2,242
Depreciation and amortization					3,532
Loss on sale of assets					74
Operating income					$	24,377
Total assets	$	222,115	$	92,324	$	314,439
Capital spending (excluding business combinations)	$	212	$	756	$	968

	Three Months Ended June 30, 2013 (1)
(In thousands)	Pipelines and Transportation		Wholesale Marketing and Terminalling		Consolidated
Net sales	$	13,667	$	216,475	$	230,142
Operating costs and expenses:
Cost of goods sold	—		207,966		207,966
Operating expenses	8,064		1,864		9,928
Segment contribution margin	$	5,603	$	6,645	12,248
General and administrative expenses					1,521
Depreciation and amortization					3,284
Operating income					$	7,443
Capital spending (excluding business combinations) (2)	$	2,542	$	883	$	3,425

⁽¹⁾ The information presented includes the results of operations of our Predecessors. Prior to the completion of the El Dorado Acquisition and the Tyler Acquisition, our Predecessors did not record revenues for intercompany terminalling and storage services.

⁽²⁾ Capital spending includes expenditures incurred in connection with the assets acquired in the El Dorado Acquisition and the Tyler Acquisition.

40

	Six Months Ended June 30, 2014 (1)
(In thousands)	Pipelines and Transportation		Wholesale Marketing and Terminalling		Consolidated
Net sales	$	43,334	$	396,536	$	439,870
Operating costs and expenses:
Cost of goods sold	2,256		366,527		368,783
Operating expenses	14,744		4,119		18,863
Segment contribution margin	$	26,334	$	25,890	52,224
General and administrative expenses					4,905
Depreciation and amortization					7,009
Loss on sale of assets					74
Operating income					$	40,236
Capital spending (excluding business combinations) (2)	$	1,149	$	784	$	1,933

⁽¹⁾ The information presented includes the results of operations of the El Dorado Predecessor. Prior to the El Dorado Acquisition, the El Dorado Predecessor did not record revenues for intercompany terminalling and storage services.

⁽²⁾ Capital spending includes expenditures incurred in connection with the assets acquired in the El Dorado Acquisition.

	Six Months Ended June 30, 2013 (1)
(In thousands)	Pipelines and Transportation		Wholesale Marketing and Terminalling		Consolidated
Net sales	$	27,204	$	413,832	$	441,036
Operating costs and expenses:
Cost of goods sold	—		395,826		395,826
Operating expenses	15,478		3,531		19,009
Segment contribution margin	$	11,726	$	14,475	26,201
General and administrative expenses					3,723
Depreciation and amortization					6,825
Loss on sale of assets					—
Operating income					$	15,653
Capital spending (excluding business combinations) (2)	$	6,058	$	1,081	$	7,139

⁽¹⁾ The information presented includes the results of operations of our Predecessors. Prior to the completion of the El Dorado Acquisition and the Tyler Acquisition, our Predecessors did not record revenues for intercompany terminalling and storage services.

⁽²⁾ Capital spending includes expenditures incurred in connection with the assets acquired in the El Dorado Acquisition.

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Consolidated Results of Operations — Comparison of the Three Months EndedJune 30, 2014 versus the Three Months EndedJune 30, 2013

Contribution margin for the second quarter of 2014 was $30.2 million compared to $12.2 million for the second quarter of 2013, an increase of $18.0 million, or 146.8%. The increase in contribution margin was primarily attributable to higher margins achieved on our operations in west Texas as a result of favorable supply/demand balance due to downtime at refineries in the region during the second quarter of 2014 as compared to the second quarter of 2013. Also contributing to the increase were increases in net sales in both the pipelines and transportation segment and the wholesale marketing and terminalling segment during the second quarter of 2014 compared to the second quarter of 2013, as a result of the effect of the throughput and tankage agreements we entered into with Delek in connection with the El Dorado Acquisition and the Tyler Acquisition.

For the second quarters of 2014 and 2013, we generated net sales of $236.3 million and $230.1 million, respectively, an increase of $6.2 million, or 2.7%. The increase is primarily attributable to the effect of the new throughput and tankage agreements that went into effect in connection with the acquisitions of the El Dorado Terminal and Tank Assets and the Tyler Terminal and Tank Assets. The new throughput and tankage agreements for the El Dorado Terminal and Tank Assets and the Tyler Terminal and Tank Assets contributed $4.4 million and $4.5 million to net sales, respectively, in the second quarter of 2014.

Cost of goods sold was $196.6 million for the second quarter of 2014 compared to $208.0 million for the second quarter of 2013, a decrease of $11.4 million, or 5.5%. The decrease in cost of goods sold is primarily attributable to decreases in sales volumes in our west Texas marketing operations.

Operating expenses were $9.5 million for the second quarter of 2014 compared to $9.9 million for the second quarter of 2013, a decrease of $0.4 million, or 3.9%. The decrease in operating expenses was primarily due to decreases in chemical and utilities expense in the second quarter of 2014 compared to the second quarter of 2013.

General and administrative expenses were $2.2 million and $1.5 million for the second quarter of 2014 and 2013, respectively, an increase of $0.7 million, or 47.4%. The increase in general and administrative expense was primarily due to increases in professional services fees incurred in connection with pipeline efficiency studies and the El Dorado Acquisition.

Depreciation and amortization was $3.5 million for the second quarter of 2014 compared to $3.3 million for the second quarter of 2013, an increase of $0.2 million, or 7.6%. The increase in depreciation and amortization is due to the acquisitions of the North Little Rock Terminal and the Tyler-Big Sandy Pipeline, which occurred in October 2013 and July 2013, respectively.

Interest expense was $2.3 million for the second quarter of 2014 compared to $0.8 million for the second quarter of 2013, an increase of $1.5 million, or 211.4%. This increase is primarily attributable to increases in interest costs and deferred financing charges as a result of borrowings incurred, and the debt refinancing completed, in connection with the El Dorado Acquisition and the Tyler Acquisition.

Income tax expense was $0.3 million for the second quarter of 2014, compared to $0.1 million for the second quarter of 2013. Our effective tax rate was 1.3% for the second quarter 2014, compared to 1.8% for the second quarter 2013. The Partnership is not subject to federal income taxes as a limited partnership. Accordingly, our taxable income or loss is included in the federal and state income tax returns of our partners. The increase in income tax expense is due to an increase in the gross margins tax paid to the state of Texas.

Consolidated Results of Operations — Comparison of the Six Months EndedJune 30, 2014 versus the Six Months EndedJune 30, 2013

Contribution margin for the six months ended June 30, 2014 was $52.2 million compared to $26.2 million for the six months ended June 30, 2013, an increase of $26.0 million or 99.3%. The increase in contribution margin was attributable to increases in net sales in both the pipelines and transportation segment and the wholesale marketing and terminalling segment during the six months ended June 30, 2014 compared to the six months ended June 30, 2013, as a result of the effect of the throughput and tankage agreements we entered into with Delek in connection with the El Dorado Acquisition and the Tyler Acquisition. Further contributing to the increase in contribution margin were higher margins achieved on our operations in west Texas in the six months ended June 30, 2014 as compared to the same period in 2013 as a result of favorable supply/demand balance due to downtime at refineries in the region during the six months ended June 30, 2014 compared to the six months ended June 30, 2013.

For the six months ended June 30, 2014 and 2013, we generated net sales of $439.9 million and $441.0 million, respectively, a decrease of $1.2 million, or 0.3%. The decrease is attributable to decreases in sales volumes in our west Texas operations due to reduced supply and a $0.01 per gallon decrease in the average sales price per gallon of gasoline for the six months ended June 30, 2014, to $2.80 per gallon from $2.81 per gallon in the six months ended June 30, 2013. These decreases were partially offset by

42

increases in net sales attributable to the effect of the new throughput and tankage agreements that went into effect in connection with the acquisitions of the El Dorado Terminal and Tank Assets and the Tyler Terminal and Tank Assets. The new throughput and tankage agreements for the El Dorado Terminal and Tank Assets and the Tyler Terminal and Tank Assets contributed $6.8 million and $9.0 million, respectively, to net sales during the six months ended June 30, 2014.

Cost of goods sold was $368.8 million for the six months ended June 30, 2014 compared to $395.8 million for the six months ended June 30, 2013, a decrease of $27.0 million, or 6.8%. The decrease in cost of goods sold is primarily attributable to decreases in sales volumes and in the average cost per barrel sold in our west Texas marketing operations. The average cost per barrel sold decreased $1.47 per barrel for the six months ended June 30, 2014, to $121.05 per barrel from $122.52 per barrel in the six months ended June 30, 2013.

Operating expenses were $18.9 million for the six months ended June 30, 2014 compared to $19.0 million for the six months ended June 30, 2013, a decrease of $0.1 million, or 0.8%. The decrease in operating expenses was primarily due to decreases in utilities and chemical expense and contractor services, partially offset by an increase in insurance allocations.

General and administrative expenses were $4.9 million and $3.7 million for the six months ended June 30, 2014 and 2013, respectively, an increase of $1.2 million, or 31.7%. The increase in general and administrative expense was primarily due to increases in professional services fees incurred in connection with audit services and costs of the El Dorado Acquisition during the six months ended June 30, 2014 compared to six months ended June 30, 2013.

Depreciation and amortization was $7.0 million for the six months ended June 30, 2014 compared to $6.8 million for the six months ended June 30, 2013, an increase of $0.2 million, or 2.7%. The increase in depreciation and amortization is due to the acquisitions of the North Little Rock Terminal and the Tyler-Big Sandy Pipeline, which occurred in October 2013 and July 2013, respectively.

Interest expense was $4.3 million for the six months ended June 30, 2014 compared to $1.6 million for the six months ended June 30, 2013, an increase of $2.8 million, or 175.7%. This increase is primarily attributable to increases in interest costs and deferred financing charges as a result of borrowings incurred, and the debt refinancing completed, in connection with the El Dorado Acquisition and the Tyler Acquisition.

Income tax expense was $0.4 million for the six months ended June 30, 2014, compared to $0.2 million for the six months ended June 30, 2013. Our effective tax rate was 1.2% for the six months ended June 30, 2014, compared to 1.7% for the six months ended June 30, 2013. The Partnership is not subject to federal income taxes as a limited partnership. Accordingly, our taxable income or loss is included in the federal and state income tax returns of our partners. The increase in state income tax is due to an increase in the gross margins tax paid to the state of Texas.

Operating Segments

We review operating results in two reportable segments: (i) pipelines and transportation segment and (ii) wholesale marketing and terminalling. Decisions concerning the allocation of resources and assessment of operating performance are made based on this segmentation. Management measures the operating performance of each reportable segment based on the segment contribution margin. Segment contribution margin is defined as net sales less cost of sales and operating expenses, excluding depreciation and amortization. Segment reporting is more fully discussed in Note 9 to our accompanying condensed consolidated financial statements.

Pipelines and Transportation Segment

The pipelines and transportation segment includes our Lion Pipeline System, our SALA Gathering System, our Paline Pipeline System, our East Texas Crude Logistics System, the El Dorado Storage Tanks and the Tyler Tank Assets.

The following table and discussion is an explanation of the results of operations of the pipelines and transportation segment, including the historical results of the El Dorado Storage Tanks, for the three and six months ended June 30, 2014 and 2013 (dollars in thousands):

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	Three Months Ended June 30,				Six Months Ended June 30,
	2014		2013 (2)		2014 (1)		2013 (2)
Net sales	$	23,066	$	13,667	$	43,334	$	27,204
Operating costs and expenses:
Cost of goods sold	1,130		—		2,256		—
Operating expenses	7,745		8,064		14,744		15,478
Segment contribution margin	$	14,191	$	5,603	$	26,334	$	11,726
Throughputs (average bpd)
Lion Pipeline System:
Crude pipelines (non-gathered)	59,038		49,270		41,936		47,155
Refined products pipelines to Enterprise Systems	59,888		47,315		45,908		45,348
SALA Gathering System	21,300		22,661		22,201		22,396
East Texas Crude Logistics System	3,223		11,468		7,105		31,198

⁽¹⁾  The information presented includes the results of operations of the El Dorado Predecessor. Prior to the completion of the El Dorado Acquisition, the Predecessor did not record revenues for intercompany storage services.

⁽²⁾  The information presented includes the results of operations of the El Dorado and Tyler Predecessors. Prior to the completion of the El Dorado Acquisition and the Tyler Acquisition, the Predecessors did not record revenues for intercompany storage services.

The following tables include the results of operations of the pipelines and transportation segment for the six months ended June 30, 2014 and for the three and six months ended June 30, 2013, disaggregated to present the results of operations of the Partnership and the El Dorado Storage Tanks through February 10, 2014 (in thousands):

	Delek Logistics		El Dorado			Six Months Ended
	Partners, LP		Storage Tanks (1)			June 30, 2014
			El Dorado Predecessor
Net sales	$	43,334	$	—		$	43,334
Operating costs and expenses:
Cost of goods sold	2,256		—			2,256
Operating expenses	$	14,063	681			14,744
Segment contribution margin	$	27,015	$	(681	)	$	26,334
Throughputs (average bpd)
Lion Pipeline System:
Crude pipelines (non-gathered)	41,936		—			41,936
Refined products pipelines to Enterprise Systems	45,908		—			45,908
SALA Gathering System	22,201		—			22,201
East Texas Crude Logistics System	7,105		—			7,105

⁽¹⁾  The information presented includes the results of operations of the El Dorado Predecessor. Prior to the completion of the El Dorado Acquisition, the Predecessor did not record revenues for intercompany storage services.

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	Delek Logistics		Tyler Tank			El Dorado			Three Months Ended
	Partners, LP		Assets (1)			Storage Tanks(1)			June 30, 2013
			Tyler Predecessor			El Dorado Predecessor
Net sales	$	13,667	$	—		$	—		$	13,667
Operating costs and expenses:
Cost of goods sold	—		—			—			—
Operating expenses	4,727		1,710			1,627			8,064
Segment contribution margin	$	8,940	$	(1,710	)	$	(1,627	)	$	5,603
Throughputs (average bpd)
Lion Pipeline System:
Crude pipelines (non-gathered)	49,270		—			—			49,270
Refined products pipelines to Enterprise Systems	47,315		—			—			47,315
SALA Gathering System	22,661		—			—			22,661
East Texas Crude Logistics System	11,468		—			—			11,468

	Delek Logistics		Tyler Tank			El Dorado			Six Months Ended
	Partners, LP		Assets (1)			Storage Tanks(1)			June 30, 2013
			Tyler Predecessor			El Dorado Predecessor
Net sales	27,204		—			—			$	27,204
Operating costs and expenses:
Cost of goods sold	—		—			—			—
Operating expenses	9,348		3,185			2,945			15,478
Segment contribution margin	$	17,856	$	(3,185	)	$	(2,945	)	$	11,726
Throughputs (average bpd)
Lion Pipeline System:
Crude pipelines (non-gathered)	47,155		—			—			47,155
Refined products pipelines to Enterprise Systems	45,348		—			—			45,348
SALA Gathering System	22,396		—			—			22,396
East Texas Crude Logistics System	31,198		—			—			31,198

⁽¹⁾  The information presented includes the results of operations of the El Dorado and Tyler Predecessors. Prior to the completion of the El Dorado Acquisition and the Tyler Acquisition, the Predecessors did not record revenues for intercompany storage services.

Comparison of the Three Months EndedJune 30, 2014 versus the Three Months EndedJune 30, 2013

Contribution margin for the pipelines and transportation segment in the second quarter of 2014 was $14.2 million, or 47.0% of our consolidated segment contribution margin, compared to $5.6 million, or 45.7% of our consolidated segment contribution margin in the second quarter of 2013, an increase of $8.6 million, or 153.3%. The increase in the pipelines and transportation segment contribution margin was primarily attributable to increases in net sales as a result of the effect of the throughput and tankage agreements we entered into with Delek in connection with the acquisitions of the El Dorado Storage Tanks and the Tyler Tank Assets.

Net sales for the pipelines and transportation segment were $23.1 million for the second quarter of 2014 compared to $13.7 million for the second quarter of 2013, an increase of $9.4 million, or 68.8%. The increase was primarily attributable to the effect of the new throughput and tankage agreements that went into effect in connection with the acquisitions of the El Dorado Storage

45

Tanks and the Tyler Tank Assets. The new throughput and tankage agreements for the El Dorado Storage Tanks and the Tyler Tank Assets contributed $3.9 million and $2.5 million to net sales, respectively, in the second quarter of 2014.

Operating expenses were $7.7 million for the second quarter of 2014 compared to $8.1 million for the second quarter of 2013, a decrease of $0.4 million, or 4.0%. The decrease in operating expense was primarily due to decreases in chemical and utilities expense in the second quarter of 2014 compared to the second quarter of 2013.

Comparison of the Six Months EndedJune 30, 2014 versus the Six Months EndedJune 30, 2013

Contribution margin for the pipelines and transportation segment for the six months ended June 30, 2014 was $26.3 million, or 50.4% of our consolidated segment contribution margin, compared to $11.7 million, or 44.8% of our combined segment contribution margin, for the six months ended June 30, 2013, an increase of $14.6 million, or 124.6%. The increase in the pipelines and transportation segment contribution margin was primarily attributable to increases in net sales as a result of the effect of the throughput and tankage agreements we entered into with Delek in connection with the El Dorado Acquisition and the Tyler Acquisition.

Net sales for the pipelines and transportation segment were $43.3 million for the six months ended June 30, 2014 compared to $27.2 million for the six months ended June 30, 2013, an increase of $16.1 million, or 59.3%. The increase in net sales is primarily attributable to the effect of the new throughput and tankage agreements that went into effect in connection with the acquisitions of the El Dorado Storage Tanks and the Tyler Tank Assets. The new throughput and tankage agreements for the El Dorado Storage Tanks and the Tyler Tank Assets contributed $6.0 million and $5.0 million, respectively, to net sales during the six months ended June 30, 2014.

Operating expenses were $14.7 million for the six months ended June 30, 2014 compared to $15.5 million for the six months ended June 30, 2013, a decrease of $0.8 million, or 4.7%. The decrease in operating expense was due primarily to decreases in chemical and utilities expense during the six months ended June 30, 2014 compared to the same period in 2013.

Wholesale Marketing and Terminalling Segment

We use our wholesale marketing and terminalling assets to generate revenue by providing wholesale marketing and terminalling services to Delek’s refining operations and to independent third parties.

The table and discussion below is an explanation of the results of operations of the wholesale marketing and terminalling segment for the three and six months ended June 30, 2014 and 2013 (dollars in thousands, except for per barrel figures):

	Three Months Ended June 30,				Six Months Ended June 30,
	2014		2013 (2)		2014 (1)		2013 (2)
Net Sales	$	213,277	$	216,475	$	396,536	$	413,832
Operating costs and expenses:
Cost of Goods Sold	195,444		207,966		366,527		395,826
Operating expenses	1,799		1,864		4,119		3,531
Segment Contribution Margin	$	16,034	$	6,645	$	25,890	$	14,475
Operating Information:
East Texas - Tyler Refinery sales volumes (average bpd)	61,231		64,973		61,828		59,062
West Texas marketing throughputs (average bpd)	17,451		19,082		16,729		17,820
West Texas marketing margin per barrel	$	6.52	$	2.20	$	5.06	$	2.82
Terminalling throughputs (average bpd)	98,962		13,961		94,468		13,898

⁽¹⁾  The information presented includes the results of operations of the El Dorado Predecessor. Prior to the completion of the El Dorado Acquisition, the El Dorado Predecessor did not record revenues for intercompany terminalling services.

⁽²⁾  The information presented, excluding throughputs, includes the results of operations of our Predecessors. Prior to the completion of the El Dorado Acquisition and the Tyler Acquisition, our Predecessors did not record revenues for intercompany terminalling services.

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The following tables include the results of operations of the wholesale marketing and terminalling segment for the six months ended June 30, 2014 and for the three and six months ended June 30, 2013, disaggregated to present the results of operations of the Partnership and the El Dorado Terminal through February 10, 2014 (in thousands):

	Delek Logistics		El Dorado			Six Months Ended
	Partners, LP		Terminal (1)			June 30, 2014
			El Dorado Predecessor
Net sales	$	396,536	$	—		$	396,536
Operating costs and expenses:
Cost of goods sold	366,527		—			366,527
Operating expenses	4,017		102			4,119
Segment contribution margin	$	25,992	$	(102	)	$	25,890
Operating Information:
East Texas - Tyler Refinery sales volumes (average bpd)	61,828		—			61,828
West Texas marketing throughputs (average bpd)	16,729		—			16,729
West Texas marketing margin per barrel	$	5.06	$	—		$	5.06
Terminalling throughputs (average bpd) (2)	95,052		7,298			94,468

⁽¹⁾ The information presented includes the results of operations of the El Dorado Predecessor. Prior to the completion of the El Dorado Acquisition, the El Dorado Predecessor did not record revenues for intercompany terminalling services.

⁽²⁾  Consists of terminalling throughputs at our Memphis and Nashville, Tennessee terminals, our refined products terminal in Little Rock, Arkansas (the "North Little Rock Terminal"), our Tyler Terminal and our El Dorado Terminal. Throughputs for the El Dorado Predecessor are for the 41 days prior to our acquisition of the terminal. Throughputs subsequent to the El Dorado Acquisition are included in the results of Delek Logistics Partners, LP.

	Delek Logistics		Tyler			El Dorado			Three Months Ended
	Partners, LP		Terminal (1)			Terminal (1)			June 30, 2013
			Tyler Predecessor			El Dorado Predecessor
Net sales	$	216,475	$	—		$	—		$	216,475
Operating costs and expenses:
Cost of goods sold	207,966		—			—			207,966
Operating expenses	1,340		312			212			1,864
Segment contribution margin	$	7,169	$	(312	)	$	(212	)	$	6,645
Operating Information:
East Texas - Tyler Refinery sales volumes (average bpd)	64,973		—			—			64,973
West Texas marketing throughputs (average bpd)	19,082		—			—			19,082
West Texas marketing margin per barrel	$	2.20	$	—		$	—		$	2.20
Terminalling throughputs (average bpd)	13,961		—			—			13,961

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	Delek Logistics		Tyler			El Dorado			Six Months Ended
	Partners, LP		Terminal (1)			Terminal (1)			June 30, 2013
			Tyler Predecessor			El Dorado Predecessor
Net sales	$	413,832	$	—		$	—		$	413,832
Operating costs and expenses:
Cost of goods sold	395,826		—			—			395,826
Operating expenses	2,581		487			463			3,531
Segment contribution margin	$	15,425	$	(487	)	$	(463	)	$	14,475
Operating Information:
East Texas - Tyler Refinery sales volumes (average bpd)	59,062		—			—			59,062
West Texas marketing throughputs (average bpd)	17,820		—			—			17,820
West Texas marketing margin per barrel	$	2.82	—			—			$	2.82
Terminalling throughputs (average bpd)	13,898		—			—			13,898

⁽¹⁾  The information presented, excluding throughputs, includes the results of operations of our Predecessors. Prior to the completion of the El Dorado Acquisition and the Tyler Acquisition, our Predecessors did not record revenues for intercompany terminalling services.

Comparison of the Three Months EndedJune 30, 2014 versus the Three Months EndedJune 30, 2013

Contribution margin for the wholesale marketing and terminalling segment amounted to $16.0 million, or 53.0% of our consolidated contribution margin, in the second quarter of 2014, versus $6.6 million, or 54.3% of our combined contribution margin, in the second quarter of 2013, an increase of $9.4 million, or 141.3%. The increase in contribution margin was primarily attributable to higher margins achieved on our operations in west Texas as a result of favorable supply/demand balance due to downtime at refineries in the region during the second quarter of 2014 as compared to the second quarter of 2013. Also contributing to the increase were increases in net sales during the second quarter of 2014 compared to the second quarter of 2013 as a result of the effect of the throughput and tankage agreements we entered into with Delek in connection with the El Dorado Acquisition and the Tyler Acquisition.

Net sales for our wholesale marketing and terminalling segment in the second quarter of 2014 decreased $3.2 million or 1.5%, to $213.3 million from $216.5 million in the second quarter of 2013. The decrease is primarily attributable to decreases in sales volumes in our west Texas operations due to reduced supply. These decreases were partially offset by the effect of the new throughput and tankage agreements that went into effect in connection with the acquisitions of the El Dorado Terminal and the Tyler Terminal. The new throughput and tankage agreements for the El Dorado Terminal and the Tyler Terminal contributed $0.5 million and $2.0 million to net sales, respectively, in the second quarter of 2014.

Cost of goods sold for our wholesale marketing and terminalling segment decreased $12.6 million, or 6.0%, to $195.4 million in the second quarter of 2014, as compared to cost of goods sold of $208.0 million in the second quarter of 2013. The decrease in cost of goods sold is primarily attributable to decreases in sales volumes in our west Texas marketing operations.

Operating expenses were $1.8 million in the second quarter of 2014, a decrease of $0.1 million, or 3.5%, as compared to operating expenses of $1.9 million in the second quarter of 2013. The decrease in operating expenses was primarily due to decreases in chemical and utilities expense in the second quarter of 2014 compared to the second quarter of 2013.

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Comparison of the Six Months EndedJune 30, 2014 versus the Six Months EndedJune 30, 2013

Contribution margin for the wholesale marketing and terminalling segment amounted to $25.9 million, or 49.6% of our consolidated contribution margin, for the six months ended June 30, 2014, versus $14.5 million, or 55.2% of our combined contribution margin, for the six months ended June 30, 2013, an increase of $11.4 million, or 78.9%. This increase was primarily attributable to higher margins achieved in our operations in West Texas as a result of favorable supply/demand balance due to downtime at refineries in the region during the second quarter of 2014 as compared to the second quarter of 2013. Additionally, the new throughput and tankage agreements that went into effect in connection with the acquisitions of the El Dorado Terminal and the Tyler Terminal contributed to the increase in contribution margin as cost of goods sold is not incurred on these assets, resulting in inherently higher margins.

Net sales for our wholesale marketing and terminalling segment for the six months ended June 30, 2014 decreased $17.3 million, or 4.2%, to $396.5 million from $413.8 million for the six months ended June 30, 2013. The decrease is primarily attributable to decreases in sales volumes in our west Texas operations due to the fact that our Abilene terminal was not operational for a portion of the first quarter due to required maintenance. Further contributing to the decrease was a decrease in the average sales price per gallon of gasoline, which decreased $0.01 to $2.80 per gallon in the six months ended June 30, 2014, compared to $2.81 per gallon in the six months ended June 30, 2013. These decreases were partially offset by the effect of the new throughput and tankage agreements that went into effect in connection with the acquisitions of the El Dorado Terminal and the Tyler Terminal. The new throughput and tankage agreements for the El Dorado Terminal and the Tyler Terminal contributed $0.8 million and $4.0 million to net sales, respectively, in the second quarter of 2014.

Cost of goods sold for our wholesale marketing and terminalling segment decreased $29.3 million, or 7.4%, to $366.5 million in the six months ended June 30, 2014, as compared to cost of goods sold of $395.8 million in the six months ended June 30, 2013. The decrease in cost of goods sold was primarily attributable to decreases in sales volumes and a decrease in the average cost per barrel sold in our west Texas operations. The average cost per barrel sold decreased $1.47 to $121.05 per barrel for the six months ended June 30, 2014, compared to $122.52 per barrel for the six months ended June 30, 2013.

Operating expenses were $4.1 million in the six months ended June 30, 2014, an increase of $0.6 million, or 16.7%, as compared to operating expenses of $3.5 million in the six months ended June 30, 2013. The increase in operating expenses was primarily due to increases in chemical and utilities expense in the six months ended June 30, 2014 compared to the six months ended June 30, 2013.

Liquidity and Capital Resources

We expect our ongoing sources of liquidity to include cash generated from operations, borrowings under our senior secured revolving credit agreement with Fifth Third Bank, as administrative agent, and a syndicate of lenders, (the “Amended and Restated Credit Agreement”) and issuances of additional debt and equity securities. We believe that cash generated from these sources will be sufficient to satisfy the anticipated cash requirements associated with our existing operations, including minimum quarterly cash distributions, for at least the next 12 months.

The table below summarizes the quarterly distributions related to our quarterly financial results:

Quarter Ended	Total Quarterly Distribution Per Limited Partner Unit		Total Quarterly Distribution Per Limited Partner Unit, Annualized		Total Cash Distribution, including general partner IDRs (in thousands)		Date of Distribution	Unitholders Record Date
December 31, 2013	$	0.415	$	1.66	$	10,228	February 13, 2014	February 4, 2014
March 31, 2014	$	0.425	$	1.70	$	10,474	May 14, 2014	May 6, 2014
June 30, 2014	$	0.475	$	1.90	$	11,721	August 14, 2014 (1)	August 7, 2014

⁽¹⁾ Expected date of distribution.

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Cash Flows

The following table sets forth a summary of our consolidated cash flows for the six months ended June 30, 2014 and 2013 (in thousands):

	Six Months Ended June 30,
	2014			2013
Cash Flow Data:
Cash flows provided by operating activities	$	44,800		$	12,214
Cash flows used in investing activities	(1,933		)	(7,139		)
Cash flows used in financing activities	(41,374		)	(1,224		)
Net increase in cash and cash equivalents	$	1,493		$	3,851

Cash Flows from Operating Activities

Net cash provided by operating activities was $44.8 million for the six months ended June 30, 2014, compared to net cash of $12.2 million provided for the comparable period of 2013. The increase in cash flows provided by operations in the first six months of 2014 from the same period in 2013, was primarily due to higher revenues as a result of our commercial agreements executed concurrent with the El Dorado Acquisition and the Tyler Acquisition. Net income for the six months ended June 30, 2014 was $35.5 million, compared to $13.8 million in the same period of 2013.

Cash Flows from Investing Activities

Net cash used in investing activities was $1.9 million for the first six months of 2014, compared to $7.1 million in the comparable period of 2013. Capital expenditures made during the six months ended June 30, 2014 amounted to $1.9 million, of which $1.1 million was spent on projects in the pipelines and transportation segment and $0.8 million was spent in the wholesale marketing and terminalling segment. This compares to capital expenditures made during the six months ended June 30, 2013 of $7.1 million. Of the total expenditures made during the six months ended June 30, 2014, $0.8 million relates to our terminalling assets and $0.6 million relates to our Lion Pipeline System. Capital expenditures made during the six months ended June 30, 2013 relate primarily to the Tyler Acquisition and to our Lion Pipeline System, which accounted for approximately $3.9 million and $1.1 million, respectively, of total capital expenditures.

Cash Flows from Financing Activities

Net cash used in financing activities was $41.4 million in the six months ended June 30, 2014, compared to net cash of $1.2 million used in the comparable period of 2013. We paid quarterly cash distributions totaling $20.7 million during the six months ended June 30, 2014, compared to distributions totaling $14.9 million paid during the six months ended June 30, 2013. Additionally, we paid $95.9 million in exchange for assets included in the El Dorado Acquisition during the six months ended June 30, 2014. Offsetting the cash used in financing activities were net proceeds of $74.2 million under the Amended and Restated Credit Agreement during the six months ended June 30, 2014. There was no activity under the credit facility in the six months ended June 30, 2013.

Cash Position and Indebtedness

As of June 30, 2014, our total cash and cash equivalents were $2.4 million and we had total indebtedness of $239.0 million. Borrowing availability under the Amended and Restated Credit Agreement was approximately $147.5 million and we had letters of credit issued of $13.5 million. We believe we were in compliance with our covenants in our debt facility as of June 30, 2014.

We and each of our existing subsidiaries are borrowers under the credit facility. The Amended and Restated Credit Agreement contains an accordion feature whereby we can increase the size of the credit facility to an aggregate of $450.0 million, subject to receiving increased or new commitments from lenders and the satisfaction of certain other conditions precedent.

The credit facility is generally available to fund working capital, finance acquisitions and other capital expenditures, fund certain future distributions and for other general Partnership purposes. We borrowed $90.0 million under the prior credit facility at the completion of our initial public offering (the "Offering") in order to fund a cash distribution to Delek Marketing & Supply, LLC ("Delek Marketing") in partial consideration of the contribution of assets to us and in part for reimbursement of capital expenditures associated with our assets. In connection with our cash distribution to Delek Marketing at the time of the Offering,

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we agreed to retain at least $90.0 million in outstanding debt, either under our credit facility or as a result of certain refinancings thereof, until November 2015.

The obligations under the Amended and Restated Credit Agreement remain secured by first priority liens on substantially all of the Partnership's and its U.S. subsidiaries' tangible and intangible assets. Additionally, Delek Marketing provides a limited guaranty of the Partnership's obligations under the Amended and Restated Credit Agreement. Delek Marketing's guaranty is (i) limited to an amount equal to the principal amount, plus unpaid and accrued interest, of a promissory note made by Delek in favor of Delek Marketing (the "Holdings Note") and (ii) secured by Delek Marketing's pledge of the Holdings Note to our lenders under the Amended and Restated Credit Agreement. As of June 30, 2014, the principal amount of the Holdings Note was $102.0 million, plus unpaid interest accrued since the issuance date.

The Amended and Restated Credit Agreement contains various covenants and restrictive provisions customary for credit facilities of this nature. Financial covenants include an interest coverage ratio defined as the ratio of consolidated EBITDA (as defined in the agreement) to cash interest expense, tested quarterly, for the four fiscal quarters then ended of not less than 2.50 to 1.00 and a leverage ratio defined as total funded debt to consolidated EBITDA, tested quarterly, for the four fiscal quarters then ended of not greater than 4.00 to 1.00.

Borrowings denominated in U.S. dollars under the Amended and Restated Credit Agreement bear interest at either a U.S. dollar prime rate, plus an applicable margin, or a LIBOR rate, plus an applicable margin, at the election of the borrowers. Borrowings denominated in Canadian dollars under the Amended and Restated Credit Agreement bear interest at either a Canadian dollar prime rate, plus an applicable margin, or a CDOR (Canadian Dealer Offered Rate), plus an applicable margin, at the election of the borrowers. The applicable margin in each case varies based upon the Partnership's most recently reported leverage ratio. Additionally, the Amended and Restated Credit Agreement requires us to pay a leverage ratio dependent quarterly fee on the average unused revolving commitment.

The Amended and Restated Credit Agreement contains events of default customary for credit facilities of this nature. They include, but are not limited to, the failure to pay any principal, interest or fees when due, failure to satisfy any covenant, untrue representations or warranties, impairment of liens, events of default under any other loan document under the credit facility, default under any other material debt agreements, insolvency, certain bankruptcy proceedings, change of control (which will occur if, among other things, (i) Delek ceases to own and control legally and beneficially at least 51% of the equity interests of our general partner, (ii) Delek Logistics GP, LLC ceases to be our sole general partner or (iii) the Partnership fails to own and control legally and beneficially 100% of the equity interests of any other borrower under the Amended and Restated Credit Agreement, unless otherwise permitted thereunder) and material litigation resulting in a final judgment against any borrower or guarantor that remains undischarged or unstayed. Upon the occurrence and during the continuation of an event of default under the Amended and Restated Credit Agreement, the lenders may, among other things, accelerate and declare the outstanding loans to be immediately due and payable and exercise remedies against the Partnership, its subsidiaries and the collateral as may be available to the lenders under the Amended and Restated Credit Agreement and other loan documents.

Agreements Governing Certain Indebtedness of Delek

Although we are not contractually bound by and are not liable for Delek’s debt under its credit arrangements, we are indirectly affected by certain prohibitions and limitations contained therein. Specifically, under the terms of certain of Delek's credit arrangements, we expect that Delek will be in default if we incur any indebtedness for borrowed money in excess of $300.0 million at any time outstanding, which amount is subject to increase for (i) certain acquisitions of additional or newly constructed assets and for growth capital expenditures, in each case, net of asset sales, and for (ii) certain types of debt, such as debt obligations owed under hedge agreements, intercompany debt of the partnership and our subsidiaries and debt under certain types of contingent obligations. These arrangements also require that Delek maintain (i) consolidated shareholders’ equity of at least $700.0 million and (ii) a ratio of consolidated shareholders’ equity to adjusted total assets, which is defined as total assets less cash and certain liabilities, of at least 0.35 to 1.00. Although these covenants do not currently limit our ability to use the full capacity available under our revolving credit facility, we cannot assure you that such covenants will not impact such ability in the future. Delek, due to its majority ownership and control of our general partner, has the ability to prevent us from taking actions that would cause Delek to violate any covenant in its credit arrangements or otherwise be in default under any of its credit arrangements.

Capital Spending

A key component of our long-term strategy is our capital expenditure program. Our capital expenditures, excluding capital expenditures related to the assets acquired in the El Dorado Acquisition prior to February 10, 2014, for the six months ended June 30, 2014 were $1.7 million, of which approximately $0.9 million was spent in our pipelines and transportation segment and $0.8 million was spent in our wholesale marketing and terminalling segment. Our capital expenditure forecast is approximately $13.1 million for 2014.

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The following table summarizes our actual capital expenditures for the six months ended June 30, 2014 and planned capital expenditures for the full year 2014 by operating segment and major category (in thousands):

	Full Year 2014 Forecast(3)		Six Months Ended June 30, 2014(3)
Pipelines and Transportation:
Regulatory	$	1,136	$	385
Maintenance (1)	5,600		467
Discretionary projects (2)	2,679		84
Pipeline and transportation segment total	9,415		936
Wholesale Marketing and Terminalling:
Regulatory	160		—
Maintenance (1)	648		661
Discretionary projects (2)	2,829		159
Wholesale marketing and terminalling segment total	3,637		820
Total capital spending	$	13,052	$	1,756

⁽¹⁾  Maintenance capital expenditures represent cash expenditures (including expenditures for the addition or improvement to, or the replacement of, our capital assets, and for the acquisition of existing, or the construction or development of new, capital assets) made to maintain our long-term operating income or operating capacity. Examples of maintenance capital expenditures are expenditures for the repair, refurbishment and replacement of pipelines and terminals, to maintain equipment reliability, integrity and safety and to address environmental laws and regulations. Delek has agreed to reimburse us with respect to assets it has transferred to us for all non-discretionary maintenance capital expenditures, other than those required to comply with applicable environmental laws and regulations, in excess of specified dollar amounts for a period of five years.

⁽²⁾  Delek has agreed to reimburse us for capital expenditures in connection with certain capital improvements that were in progress as of November 7, 2012.

⁽³⁾  The actual and forecasted capital spending does not include capital expenditures prior to February 10, 2014 of $0.2 million related to the assets acquired in the El Dorado Acquisition.

For the full year 2014, we plan to spend approximately $9.4 million in the pipeline and transportation segment. The majority of these capital expenditures will be spent on maintenance and discretionary projects, with $5.6 million and $2.7 million budgeted on these projects, respectively, for the pipeline and transportation segment. The majority of the amount budgeted to this segment is related to tank projects. Of the $3.6 million in capital expenditures budgeted for the wholesale marketing and terminalling segment, $2.8 million is allocated to discretionary projects and $0.6 million is allocated to maintenance projects. The majority of the amount budgeted to this segment is related to the expansion of the Tyler Terminal.

On February 10, 2014, in connection with the El Dorado Acquisition, the Partnership entered into the Second Omnibus Amendment. The Second Omnibus Amendment includes, among other things, the following: (i) certain modifications in the reimbursement by Delek and certain of its subsidiaries under the Omnibus Agreement for certain operating expenses and capital expenditures incurred by the Partnership or its subsidiaries, (ii) certain modifications of the indemnification provisions under the Omnibus Agreement in favor of the Partnership with respect to certain environmental matters, and (iii) the increase of the annual administrative fee payable by us to Delek under the Omnibus Agreement for general corporate and administrative services.

Under the Second Omnibus Amendment, Delek has agreed to reimburse us for (i) certain expenses that we incur for inspections, maintenance and repairs to any storage tanks we acquired in the El Dorado Acquisition to cause such storage tanks to comply with applicable regulatory and/or industry standards, (ii) certain expenses that we incur for inspections, maintenance and repairs to any of the storage tanks contributed to us by Delek (subject to a deductible of $0.5 million per year) that are necessary to comply with the Department of Transportation pipeline integrity rules and certain American Petroleum Institute storage tank standards for a period of five years, and (iii) for all non-discretionary maintenance capital expenditures with respect to certain of our assets in excess of certain amounts, as disclosed in the full agreement filed as Exhibit 10.2 to our Current Report on Form 8-K, filed with the SEC on February 14, 2014.

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The amount of our capital expenditure budget is subject to change due to unanticipated increases in the cost, scope and completion time for our capital projects. For example, we may experience increases in the cost of and/or timing to obtain necessary equipment required for our continued compliance with government regulations or to complete improvement projects. Additionally, the scope and cost of employee or contractor labor expense related to installation of that equipment could increase from our projections. We rely primarily upon external financing sources, including borrowings under our revolving credit facility and the issuance of debt and equity securities, to fund significant capital expenditures.

Off-Balance Sheet Arrangements

We have no off-balance sheet arrangements through the date of the filing of this Quarterly Report on Form 10-Q.

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ITEM 3.QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

Commodity Price Risk. Market risk is the risk of loss arising from adverse changes in market rates and prices. As we do not take title to any of the crude oil that we handle, and we take title to only limited volumes of light products in our marketing business, we have minimal direct exposure to risks associated with fluctuating commodity prices. However, from time to time, we enter into Gulf Coast product swap arrangements with respect to the products we purchase to hedge our exposure to fluctuations in commodity prices for the period between our purchase of products from and subsequent sales to our customers. At June 30, 2014, we held no outstanding swap contracts. Please read Note 11 to our accompanying consolidated financial statements for additional detail related to our derivative instruments. In addition, the Partnership's commercial agreements with Delek are indexed to inflation.

Interest Rate Risk. Debt that we incur under our revolving credit facility bears interest at floating rates and will expose us to interest rate risk. From time to time, we may use certain derivative instruments to hedge our exposure to floating interest rates. Additionally, our prior revolving credit facility required us to maintain interest rate hedging arrangements with respect to at least 50% of the amount funded on November 7, 2012 under the credit facility, which was required to be in place for at least a three-year period beginning no later than March 7, 2013. Effective February 25, 2013, and as of June 30, 2014, we had in place an interest rate hedge in the form of a LIBOR interest rate cap with a term of three years, maturing February 25, 2016, for a total notional amount of $45.0 million, thereby meeting the requirements at that time.

ITEM 4.CONTROLS AND PROCEDURES.

(a) Evaluation of Disclosure Controls and Procedures

Our management has evaluated, with the participation of our principal executive and principal financial officers, the effectiveness of our disclosure controls and procedures (as defined in Rule 13a-15(e) or Rule 15d-15(e) under the Securities Exchange Act of 1934) as of the end of the period covered by this report, and has, based on this evaluation, concluded that our disclosure controls and procedures are effective to provide reasonable assurance that information required to be disclosed by us in the reports that we file or submit under the Securities Exchange Act of 1934 is recorded, processed, summarized and reported, within the time periods specified in the Securities and Exchange Commission's rules and forms including, without limitation, controls and procedures designed to ensure that information required to be disclosed by us in the reports that we file or submit under the Securities Exchange Act of 1934 is accumulated and communicated to our management, including our principal executive and principal financial officers, as appropriate to allow timely decisions regarding required disclosures.

(b) Changes in Internal Control over Financial Reporting

There has been no change in our internal control over financial reporting (as defined in Rule 13a-15(f) and 15d-15(f) under the Securities Exchange Act of 1934) that occurred during our last fiscal quarter that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

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PART II.

OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

Although we may, from time to time, be involved in litigation and claims arising out of our operations in the normal course of business, we do not believe that we are a party to any litigation that will have a material adverse impact on our financial condition, results of operations or cash flows. We are not aware of any significant legal or governmental proceedings against us, or contemplated to be brought against us.

ITEM 1A. RISK FACTORS

There have been no significant changes from the risk factors previously disclosed in Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2013.

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

Sales of Unregistered Securities

Pursuant to the terms of our limited partnership agreement, our general partner has the right to maintain its proportionate 2% general partner interest in the Partnership. The following table provides information regarding the exercise of such right by our general partner. Each sale listed below was exempt from registration under Section 4(a)(2) of the Securities Act of 1933.

Date of Sale	Number of General Partner Units Sold	Price per General Partnership Unit	Consideration Paid to the Partnership
June 13, 2014	640	$34.64	$22,168

ITEM 5. OTHER INFORMATION

Amendments to Code of Business Conduct & Ethics

On August 4, 2014, the Audit Committee of the Board of Directors of our general partner approved non-substantive amendments to the Partnership’s Code of Business Conduct & Ethics (the “Code”). The Code is available on our website at www.DelekLogistics.com.

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ITEM 6. EXHIBITS

Exhibit No.		Description
10.1	§	First Amendment to Amended and Restated Credit Agreement, dated as of May 20, 2014, by and among Delek Logistics Partners, LP, Delek Logistics Operating, LLC, Delek Marketing GP, LLC, Delek Marketing & Supply, LP, Delek Crude Logistics, LLC, Delek Marketing-Big Sandy, LLC, Magnolia Pipeline Company, LLC, El Dorado Pipeline Company, LLC, SALA Gathering Systems, LLC and Paline Pipeline Company, LLC as borrowers, Fifth Third Bank as lender and administrative agent and certain lenders party thereto
31.1	§	Certification by Chief Executive Officer pursuant to Rule 13a-14(a)/15(d)-14(a) under the Securities Exchange Act.
31.2	§	Certification by Chief Financial Officer pursuant to Rule 13a-14(a)/15(d)-14(a) under the Securities Exchange Act.
32.1	§	Certification by Chief Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
32.2	§	Certification by Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
101	++	The following materials from Delek Logistics Partners, LP’s Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2014 formatted in XBRL (eXtensible Business Reporting Language): (i) Condensed Consolidated Balance Sheets as of June 30, 2014 and December 31, 2013 (Unaudited), (ii) Condensed Consolidated Statements of Income and Comprehensive Income for the three and six months ended June 30, 2014 and 2013 (Unaudited), (iii) Condensed Consolidated Statements of Cash Flows for the six months ended June 30, 2014 and 2013 (Unaudited), and (iv) Notes to Condensed Consolidated Financial Statements (Unaudited).

§

Filed herewith

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Pursuant to Rule 406T of Regulation S-T, the Interactive Data Files in Exhibit 101 hereto are deemed not filed or part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, as amended, are deemed not filed for purposes of Section 18 of the Securities and Exchange Act of 1934, as amended, and otherwise are not subject to liability under those sections.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Delek Logistics Partners, LP
By:	Delek Logistics GP, LLC
	Its General Partner
By:	/s/ Ezra Uzi Yemin
	Ezra Uzi Yemin
	Chairman and Chief Executive Officer (Principal Executive Officer)
By:	/s/ Assaf Ginzburg
	Assaf Ginzburg
	Director, Executive Vice President and Chief Financial Officer (Principal Financial and Accounting Officer)

Dated: August 7, 2014

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EXHIBIT INDEX

Exhibit No.		Description
10.1	§	First Amendment to Amended and Restated Credit Agreement, dated as of May 20, 2014, by and among Delek Logistics Partners, LP, Delek Logistics Operating, LLC, Delek Marketing GP, LLC, Delek Marketing & Supply, LP, Delek Crude Logistics, LLC, Delek Marketing-Big Sandy, LLC, Magnolia Pipeline Company, LLC, El Dorado Pipeline Company, LLC, SALA Gathering Systems, LLC and Paline Pipeline Company, LLC as borrowers, Fifth Third Bank as lender and administrative agent and certain lenders party thereto
31.1	§	Certification by Chief Executive Officer pursuant to Rule 13a-14(a)/15(d)-14(a) under the Securities Exchange Act.
31.2	§	Certification by Chief Financial Officer pursuant to Rule 13a-14(a)/15(d)-14(a) under the Securities Exchange Act.
32.1	§	Certification by Chief Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
32.2	§	Certification by Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
101	++	The following materials from Delek Logistics Partners, LP’s Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2014, formatted in XBRL (eXtensible Business Reporting Language): (i) Condensed Consolidated Balance Sheets as of June 30, 2014 and December 31, 2013 (Unaudited), (ii) Condensed Consolidated Statements of Income and Comprehensive Income for the three and six months ended June 30, 2014 and 2013 (Unaudited), (iii) Condensed Consolidated Statements of Cash Flows for the six months ended June 30, 2014 and 2013 (Unaudited), and (iv) Notes to Condensed Consolidated Financial Statements (Unaudited).

§

Filed herewith

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Pursuant to Rule 406T of Regulation S-T, the Interactive Data Files in Exhibit 101 hereto are deemed not filed or part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, as amended, are deemed not filed for purposes of Section 18 of the Securities and Exchange Act of 1934, as amended, and otherwise are not subject to liability under those sections.

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EX-10.1

DELEK LOGISTICS PARTNERS, LP

FIRST AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT

This First Amendment to Amended and Restated Credit Agreement (herein, the “Amendment”) is entered into as of May 20, 2014, by and among DELEK LOGISTICS PARTNERS, LP, a Delaware limited partnership (the “MLP”), DELEK LOGISTICS OPERATING, LLC, a Delaware limited liability company (“Delek Operating”), DELEK MARKETING GP, LLC, a Delaware limited liability company (“Delek Marketing GP”), DELEK MARKETING & SUPPLY, LP, a Delaware limited partnership (“Delek Marketing”), DELEK CRUDE LOGISTICS, LLC, a Texas limited liability company (“Delek Crude”), DELEK MARKETING-BIG SANDY, LLC, a Texas limited liability company (“Delek Big Sandy”), MAGNOLIA PIPELINE COMPANY, LLC, a Delaware limited liability company (“Magnolia”), EL DORADO PIPELINE COMPANY, LLC, a Delaware limited liability company (“El Dorado”), SALA GATHERING SYSTEMS, LLC, a Texas limited liability company (“SALA Gathering”), and PALINE PIPELINE COMPANY, LLC, a Texas limited liability company (“Paline”) (the MLP, Delek Operating, Delek Marketing GP, Delek Marketing, Delek Crude, Delek Big Sandy, Magnolia, El Dorado, SALA Gathering, and Paline are each individually referred to herein as a “Borrower” and are collectively referred to herein as the “Borrowers”), the Lenders and L/C Issuers party hereto, and FIFTH THIRD BANK, an Ohio banking corporation, as Administrative Agent.

RECITALS:

A.    The Borrowers, the Lenders and L/C Issuers party thereto, the Administrative Agent, BANK OF AMERICA, N.A. and ROYAL BANK OF CANADA, as Co-Syndication Agents, and COMPASS BANK, BARCLAYS BANK PLC, PNC BANK, NATIONAL ASSOCIATION and RBS CITIZENS, N.A., as Co-Documentation Agents, are party to an Amended and Restated Credit Agreement dated as of July 9, 2013 (as such agreement may be amended, modified, restated or supplemented from time to time, the “Credit Agreement”).

B.    The Borrowers have requested that the Administrative Agent, the Lenders, and the L/C Issuers amend the Credit Agreement to permit the Borrowers to obtain certain insurance required under the Credit Agreement through a captive insurance entity that is a Subsidiary of Holdings and to make certain other amendments to the Credit Agreement.

C.    The Administrative Agent, the Lenders, and the L/C Issuers have agreed to amend the Credit Agreement under the terms and conditions set forth in this Amendment.

NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto agree as follows:

Section 1.Incorporation of Recitals; Defined Terms. The Borrowers acknowledge that the Recitals set forth above are true and correct. This Amendment shall constitute a Loan Document, and the Recitals shall be construed as part of this Amendment. Each capitalized term used but not otherwise defined herein, including capitalized terms used in the introductory paragraph hereof and the Recitals, has the meaning assigned to it in the Credit Agreement. Without limiting the foregoing, “First Amendment Effective Date” means May 20, 2014.

Section 2.Amendments to the Credit Agreement.

(a)    Section 1.1 of the Credit Agreement is amended to add thereto the following definition of “Captive Insurance Subsidiary” in appropriate alphabetical order:

“Captive Insurance Subsidiary” means a Subsidiary of Holdings organized in a state of the United States and established for the sole purpose of insuring the business and properties owned by Holdings and its Subsidiaries, which, for purposes of this definition, shall include the MLP and its Subsidiaries, and that is subject to regulation as an insurance company.

(b)    Section 6.3(a) of the Credit Agreement shall be amended to add to such Section at the end of such Section the following sentence:

Notwithstanding anything to the contrary herein, the Borrowers and their Subsidiaries may obtain through a Captive Insurance Subsidiary all or any insurance required under this Section 6.3(a) or under the Collateral Documents to the extent (x) such insurance obtained through a Captive Insurance Subsidiary is reinsured by one or more responsible and reputable insurance companies, associations, or associates, or the federal government, (y) any reinsurance agreements between such Captive Insurance Subsidiary and such reinsurance companies, associations, or associates described in the foregoing clause (x) shall provide for direct access to such reinsurers through a direct access cut-through endorsement for all named insureds, loss payees and mortgagees, and (z) such arrangements are otherwise acceptable to the Administrative Agent in its reasonable discretion.

(c)    Section 10.10 of the Credit Agreement shall be amended to add to such Section at the end of such Section the following sentence:

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Further, not withstanding anything to the contrary herein, the Administrative Agent shall be permitted to amend or otherwise modify the Israeli Banks Intercreditor Agreement or the Wells Fargo Intercreditor Agreement (or enter into new intercreditor agreements with respect to Liens that are otherwise permitted under this Agreement and are on terms and subject to conditions substantially similar to the Israeli Banks Intercreditor Agreement or the Wells Fargo Intercreditor Agreement) without further action by any other party to any Loan Document if such amendment or other modification (or new intercreditor agreement) is not adverse to the interests of the Lenders thereunder or hereunder and the same is not objected to in writing by the Required Lenders within five (5) Business Days following receipt of notice thereof.

Section 3.    Conditions Precedent. This Amendment shall become effective as of the First Amendment Effective Date upon satisfaction of all of the conditions set forth in this Section 3 to the satisfaction of Administrative Agent:

(a)    The Administrative Agent shall have received this Amendment executed and delivered by each of the Borrowers and the Required Lenders.

(b)    The representations and warranties contained herein shall be true and correct in all material respects as of the date hereof and no Default or Event of Default shall exist as of the First Amendment Effective Date.

Section 4.    Confirmation. The Lenders party hereto consent to (i) an amendment to the Wells Fargo Intercreditor Agreement substantially in the form of Exhibit A attached to this Amendment and (ii) an amendment to the Israeli Banks Intercreditor Agreement substantially in the form of Exhibit B attached to this Amendment.

Section 5.Acknowledgement of Liens. Each Borrower hereby acknowledges, confirms and agrees that the Administrative Agent has a valid, enforceable and perfected first‑priority lien upon and security interest in (subject only to Permitted Liens) the Collateral granted to Administrative Agent pursuant to the Loan Documents, and nothing herein contained shall in any manner affect or impair the priority of the Liens created and provided for thereby as to the indebtedness, obligations, and liabilities which would be secured thereby prior to giving effect to this Amendment.

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Section 6.Representations and Warranties of Borrowers. To induce the Administrative Agent, the Lenders and L/C Issuers to enter into this Amendment, each Borrower hereby represents and warrants to the Administrative Agent and the Lenders and L/C Issuers that, as of the First Amendment Effective Date: (a) after giving effect to this Amendment, no representation or warranty of such Borrower in any Loan Document, including this Amendment, shall be untrue or incorrect in any material respect as of the First Amendment Effective Date, except to the extent that such representation or warranty expressly relates to an earlier date, in which case they are true and correct in all material respects as of such earlier date, (b) no Default or Event of Default exists, or would result herefrom, and (c) such Borrower has the power and authority to execute, deliver, and perform this Amendment and has taken all necessary action to authorize their execution, delivery, and performance of this Amendment.

Section 7.Miscellaneous.

(a)    Successors and Assigns. This Amendment shall be binding on and shall inure to the benefit of the Borrowers, the Administrative Agent, the Lenders, and L/C Issuers, and their respective successors and assigns. The terms and provisions of this Amendment are for the purpose of defining the relative rights and obligations of the Borrowers, the Administrative Agent, the Lenders, and L/C Issuers with respect to the transactions contemplated hereby and there shall be no third party beneficiaries of any of the terms and provisions of this Amendment.

(b)    Entire Amendment. This Amendment, including all schedules and other documents attached hereto or incorporated by reference herein or delivered in connection herewith, constitutes the entire agreement of the parties with respect to the subject matter hereof and supersedes all other understandings, oral or written, with respect to the subject matter hereof. Except as specifically waived and amended hereby, (a) this Amendment shall not result in the waiver of any right, power, or remedy under the Credit Agreement, and (b) all of the terms and conditions set forth in the Credit Agreement are ratified and confirmed by the parties hereto and shall stand and remain unchanged and in full force and effect.

(c)    Fees and Expenses. The Borrowers agree to pay on demand all reasonable fees, costs and out‑of‑pocket expenses (including attorneys’ fees and expenses) incurred by the Administrative Agent in connection with the preparation, execution, and delivery of this Amendment and the other documents being executed and delivered in connection herewith and the transactions contemplated hereby.

(d)    Headings. Section and sub-section headings in this Amendment are included herein for convenience of reference only and shall not constitute a part of this Amendment for any other purpose.

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(e)    Severability. Wherever possible, each provision of this Amendment shall be interpreted in such a manner as to be effective and valid under applicable law, but if any provision of this Amendment shall be prohibited by or invalid under applicable law, such provision shall be ineffective to the extent of such prohibition or invalidity, without invalidating the remainder of such provision or the remaining provisions of this Amendment.

(f)    Conflict of Terms. Except as otherwise provided in this Amendment, if any provision contained in this Amendment is in conflict with, or inconsistent with, any provision in any of the Loan Documents, the provision contained in this Amendment shall govern and control.

(g)    Counterparts. This Amendment may be executed in any number of separate counterparts, each of which shall collectively and separately constitute one agreement. Delivery of an executed signature page to this Amendment by facsimile transmission or by e‑mail transmission of an Adobe portable document format file (also known as a “PDF” file) shall be effective as delivery of a manually executed counterpart hereof.

(h)    Incorporation of Credit Agreement. The provisions contained in Sections 10.14 (Governing Law; Jurisdiction; Etc.) and 10.20 (Waiver of Jury Trial) of the Credit Agreement are incorporated herein by reference to the same extent as if reproduced herein in their entirety, except with reference to this Amendment rather than the Credit Agreement.

[SIGNATURE PAGES TO FOLLOW]

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IN WITNESS WHEREOF, the parties hereto have caused their duly authorized officers to execute and deliver this Amendment as of the date first set forth above.

“BORROWERS”

DELEK LOGISTICS PARTNERS, LP, a Delaware limited partnership

By: Delek Logistics GP, LLC, a Delaware limited liabilitiy company

By: /s/ Assaf Ginzburg

Name: Assaf Ginzburg

Title: Executive Vice President and

Chief Financial Officer

By: /s/ Andrew L. Schwarcz

Name: Andrew L. Schwarcz

Title: Executive Vice President,

General Counsel and Secretary

[SIGNATURE PAGE TO FIRST AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT]

DELEK LOGISTICS OPERATING, LLC, a Delaware limited liability company

DELEK MARKETING GP, LLC, a Delaware limited liability company

DELEK CRUDE LOGISTICS, LLC, a Texas limited liability company

DELEK MARKETING-BIG SANDY, LLC, a Texas limited liability company

MAGNOLIA PIPELINE COMPANY, LLC, a Delaware limited liability company

EL DORADO PIPELINE COMPANY, LLC, a Delaware limited liability company

SALA GATHERING SYSTEMS, LLC, a Texas limited liability company

PALINE PIPELINE COMPANY, LLC, a Texas limited liability company

By:/s/ Assaf Ginzburg

Name: Assaf Ginzburg

Title: Executive Vice President and

Chief Financial Officer

By:/s/ Andrew L. Schwarcz

Name: Andrew L. Schwarcz

Title: Executive Vice President,

General Counsel and Secretary

[SIGNATURE PAGE TO FIRST AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT]

DELEK MARKETING & SUPPLY LP, a Delaware limited partnership

By: Delek Marketing GP, LLC, a Delaware limited liability company

By: /s/ Assaf Ginzburg

Name: Assaf Ginzburg

Title: Executive Vice President and

Chief Financial Officer

By: /s/ Andrew L. Schwarcz

Name: Andrew L. Schwarcz

Title: Executive Vice President,

General Counsel and Secretary

[SIGNATURE PAGE TO FIRST AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT]

“LENDERS”

FIFTH THIRD BANK, an Ohio banking corporation, as a Lender, as an L/C Issuer, and as Administrative Agent

By: /s/ Lisa R. Cook

Name: Lisa R. Cook

Title: Vice President

[SIGNATURE PAGE TO FIRST AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT]

BARCLAYS BANK PLC, as a Lender

By: /s/ Vanessa A. Kurbatskiy

Name: Vanessa A. Kurbatskiy

Title: Vice President

[SIGNATURE PAGE TO FIRST AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT]

CITIZENS BANK OF PENNSYLVANIA, as a Lender

By: /s/ Debra L. McAllonis

Name: Debra L. McAllonis

Title: Senior Vice President

[SIGNATURE PAGE TO FIRST AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT]

COMPASS BANK, as a Lender

By:/s/ Charles R. Herndon

Name: Charles R. Herndon

Title: Executive Vice President

[SIGNATURE PAGE TO FIRST AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT]

FIRST GUARANTY BANK, as a Lender

By: /s/ Alton B. Lewis

Name: Alton B. Lewis

Title: President & CEO

[SIGNATURE PAGE TO FIRST AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT]

FIRST TENNESSEE BANK NATIONAL ASSOCIATION, as a Lender

By: /s/ Sharon Shipley

Name: Sharon Shipley

Title: Vice President

[SIGNATURE PAGE TO FIRST AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT]

HSBC BANK USA, N.A., as a Lender

By:/s/ Jay Fort

Name: Jay Fort

Title: Senior Vice President

[SIGNATURE PAGE TO FIRST AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT]

PNC BANK, NATIONAL ASSOCIATION, as a Lender

By:/s/ John Thurman

Name: John Thurman

Title: Senior Vice President

[SIGNATURE PAGE TO FIRST AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT]

RAYMOND JAMES BANK, N.A., as a Lender

By: /s/ Scott G. Axelrod

Name: Scott G. Axelrod

Title: Vice President

[SIGNATURE PAGE TO FIRST AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT]

ROYAL BANK OF CANADA, as a Lender

By: /s/ Jason S. York

Name: Jason S. York

Title: Authorized Signatory

[SIGNATURE PAGE TO FIRST AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT]

US BANK, N.A., as a Lender

By: /s/ Cort Fontenot

Name: Cort Fontenot

Title: Vice President

[SIGNATURE PAGE TO FIRST AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT]

WELLS FARGO BANK, N.A., as a Lender

By: /s/ William Aldridge

Name: William Aldridge

Title: Assistant Vice President

[SIGNATURE PAGE TO FIRST AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT]

BANK OF AMERICA, N.A., as a Lender

By: /s/ Thomas C. Kilcrease

Name: Thomas C. Kilcrease

Title: Senior Vice President

[SIGNATURE PAGE TO FIRST AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT]

EXHIBIT A

FIRST AMENDMENT TO INTERCREDITOR AGREEMENT

This First Amendment to Intercreditor Agreement (herein, the “Amendment”) is entered into as of __________ __, 2014, by and between WELLS FARGO BANK NATIONAL ASSOCIATION (as successor-in-interest to Wells Fargo Capital Finance, LLC), acting in its capacity as “Administrative Agent” (in such capacity, together with any permitted successors and assigns, the “Refining Facility Agent”) for the benefit and on behalf of the Refining Lenders, and FIFTH THIRD BANK, an Ohio banking corporation, acting in its capacity as “Administrative Agent” (in such capacity, together with any permitted successors and assigns, the “Logistics Facility Agent”) for the benefit and on behalf of the Logistics Lenders.

PRELIMINARY STATEMENTS

A.    Logistics and the other Logistics Debtors have entered into the Logistics Loan Documents, pursuant to which the Logistics Lenders have agreed to extend certain financing to Logistics on the terms and conditions set forth therein.

B.    Refining and the other Refining Debtors have entered into the Refining Loan Documents, pursuant to which the Refining Lenders have agreed to extend certain financing to Refining on the terms and conditions set forth therein.

C.    The Refining Facility Agent and the Logistics Facility Agent entered into a certain Intercreditor Agreement, dated as of November 7, 2012 (as amended, supplemented, or otherwise modified from time to time, the “Intercreditor Agreement”).

D.    Subsequently, Refining, as seller, and Marketing and Supply, as buyer, entered into a certain Asset and Purchase Agreement (Tyler Terminal and Tankage), dated as of July 26, 2013 (as amended, supplemented, or otherwise modified from time to time, the “APA”), pursuant to which Marketing & Supply agreed to purchase certain assets from Refining.

E.    In connection with the asset transfer from Refining to Marketing & Supply pursuant to the APA, the Logistics Lenders and the Refining Lenders have agreed to execute this Amendment.

NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto agree as follows:

SECTION 1. AMENDMENT.

Subject to the satisfaction of the condition precedent set forth in Section 2 below, the Intercreditor Agreement shall be and hereby is amended to read as follows:

Section 1.1.    Section 1 of the Intercreditor Agreement is amended by adding the following new definitions in the appropriate alphabetical order:

“APA” means the Asset and Purchase Agreement (Tyler Terminal and Tankage), dated as of July 26, 2013 (as amended, supplemented, or otherwise modified from time to time), pursuant to which Marketing & Supply agreed to purchase certain assets associated with the Tyler Refinery from Refining.

“Tyler Refinery” means the refinery near Tyler, Texas owned by Refining and certain tanks, terminal and logistics and other assets related to such refinery.

“Transferred Assets” has the meaning assigned to such term in the APA.

“Excluded Assets” has the meaning assigned to such term in the APA.

Section 1.2.    The following definitions inSection 1 of the Intercreditor Agreement are hereby amended and restated in their entirety to read as follows:

“Logistics Facility Collateral” means the Pipeline and Transportation Systems and the collateral described on Exhibit A hereto, including, but not limited to, the Transferred Assets but excluding the Excluded Assets.

“Refining Facility Collateral” means the collateral described on Exhibit B hereto, including, but not limited to, the Excluded Assets but excluding the Transferred Assets.

SECTION 2. CONDITION PRECEDENT.

The effectiveness of this Amendment is subject to the execution and delivery of the Amendment by the Refining Facility Agent and the Logistics Facility Agent.

SECTION 3. MISCELLANEOUS.

-2-

3.1.    The Refining Facility Agent and the Logistics Facility Agent acknowledge that the Preliminary Statements set forth above are true and correct, and the Preliminary Statements shall be construed as part of this Amendment. Each capitalized term used but not otherwise defined herein, including capitalized terms used in the introductory paragraph hereof and the Preliminary Statements, has the meaning assigned to it in the Intercreditor Agreement.

3.2.    Except as specifically amended herein, the Intercreditor Agreement shall continue in full force and effect in accordance with its original terms. Reference to this specific Amendment need not be made in the Intercreditor Agreement, or any other document executed in connection therewith, or in any certificate, letter or communication issued or made pursuant to or with respect to the Intercreditor Agreement, any reference in any of such items to the Intercreditor Agreement being sufficient to refer to the Intercreditor Agreement as amended hereby.

3.3.    Wherever possible, each provision of this Amendment shall be interpreted in such a manner as to be effective and valid under applicable law, but if any provision of this Amendment shall be prohibited by or invalid under applicable law, such provision shall be ineffective to the extent of such prohibition or invalidity, without invalidating the remainder of such provision or the remaining provisions of this Amendment.

3.4.    This Amendment may be executed in any number of counterparts, and by the different parties on different counterpart signature pages, all of which taken together shall constitute one and the same agreement. Either of the parties hereto may execute this Amendment by signing any such counterpart and each of such counterparts shall for all purposes be deemed to be an original. Delivery of a counterpart hereof by facsimile transmission or by e‑mail transmission of an Adobe portable document format file (also known as a “PDF” file) shall be effective as delivery of a manually executed counterpart hereof. This Amendment shall be governed by, and construed in accordance with, the internal laws of the State of New York without giving effect to conflicts of law principles.

[SIGNATURE PAGES TO FOLLOW]

-3-

This First Amendment to Intercreditor Agreement is entered into as of the date and year first above written.

WELLS FARGO BANK, NATIONAL ASSOCIATION (as successor-in-interest to Wells Fargo Capital Finance, LLC), as Administrative Agent for the Refining Lenders

By    

Name    

Title    

FIFTH THIRD BANK, an Ohio banking corporation, as Administrative Agent for the Logistics Lenders

By    

Name    

Title    

.

[SIGNATURE PAGE TO FIRST AMENDMENT TO INTERCREDITOR AGREEMENT]

EXHIBIT B

FIRST AMENDMENT TO INTERCREDITOR AGREEMENT

This First Amendment to Intercreditor Agreement (herein, the “Amendment”) is entered into as of _________ __, 2014, by and between BANK HAPOALIM B.M. (as successor Collateral Agent to BANK LEUMI USA) acting in its capacity as “Collateral Agent” (in such capacity, together with any permitted successors and assigns, the “Lion Oil First Lien Agent”) for the benefit and on behalf of the Lion Oil First Lien Lenders, and FIFTH THIRD BANK, an Ohio banking corporation, acting in its capacity as “Administrative Agent” (in such capacity, together with any permitted successors and assigns, the “Logistics Facility Agent”) for the benefit and on behalf of the Logistics Lenders.

PRELIMINARY STATEMENTS

A.    Logistics and the other Logistics Debtors have entered into the Logistics Loan Documents, pursuant to which the Logistics Lenders have agreed to extend certain financing to Logistics on the terms and conditions set forth therein.

B.    Lion Oil and the other Lion Oil Debtors have entered into the Lion Oil Loan Documents, pursuant to which the Lion Oil Lenders have extended certain loans to Lion Oil and Holdings on the terms and conditions set forth therein.

C.    The Lion Oil First Lien Agent and the Logistics Facility Agent entered into a certain Intercreditor Agreement, dated as of November 7, 2012 (as amended, supplemented, or otherwise modified from time to time, the “Intercreditor Agreement”).

D.    Subsequently, the Lion Oil Second Lien Obligations were satisfied in full and all security interests and liens granted pursuant to the Lion Oil Second Lien Loan Documents were released.

E.    Subsequently, Lion Oil, as seller, and Delek Logistics Operating, LLC, a Delaware limited liability company (“Delek Operating”), as buyer, entered into a certain Asset and Purchase Agreement (El Dorado Terminal and Tankage), dated as of February 10, 2014 (as amended, supplemented, or otherwise modified from time to time, the “APA”), pursuant to which Delek Operating agreed to purchase certain assets from Lion Oil.

1994326

F.    In connection with the asset transfer from Lion Oil to Delek Operating pursuant to the APA, the Logistics Lenders and the Lion Oil First Lien Lenders have agreed to execute this Amendment.

NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto agree as follows:

SECTION 1. AMENDMENT.

Subject to the satisfaction of the condition precedent set forth in Section 2 below, the Intercreditor Agreement shall be and hereby is amended to read as follows:

Section 1.1.    Section 1 of the Intercreditor Agreement is amended by adding the following new definitions in the appropriate alphabetical order:

“APA” means the Asset and Purchase Agreement (El Dorado Terminal and Tankage), dated as of February 10, 2014 (as amended, supplemented, or otherwise modified from time to time), pursuant to which Delek Logistics Operating, LLC, a Delaware limited liability company, agreed to purchase certain assets associated with the El Dorado Refinery from Lion Oil.

“El Dorado Refinery” means the refinery near El Dorado, Arkansas owned by Lion Oil and certain tanks, terminal and logistics and other assets related to such refinery.

“Transferred Assets” has the meaning assigned to such term in the APA.

“Excluded Assets” has the meaning assigned to such term in the APA.

Section 1.2.    The following definitions inSection 1 of the Intercreditor Agreement are hereby amended and restated in their entirety to read as follows:

“Logistics Facility Collateral” means the Pipeline and Transportation Systems and the collateral described on Exhibit A hereto, including, but not limited to, the Transferred Assets but excluding the Excluded Assets.

-2-

“Lion Oil Collateral” means the collateral described on Exhibit B hereto, including, but not limited to, the Excluded Assets but excluding the Transferred Assets.

SECTION 2. CONDITION PRECEDENT.

The effectiveness of this Amendment is subject to the execution and delivery of the Amendment by the Lion Oil First Lien Agent and the Logistics Facility Agent.

SECTION 3. MISCELLANEOUS.

3.1.    The Lion Oil First Lien Agent and the Logistics Facility Agent acknowledge that the Preliminary Statements set forth above are true and correct, and the Preliminary Statements shall be construed as part of this Amendment. Each capitalized term used but not otherwise defined herein, including capitalized terms used in the introductory paragraph hereof and the Preliminary Statements, has the meaning assigned to it in the Intercreditor Agreement.

3.2.    Except as specifically amended herein, the Intercreditor Agreement shall continue in full force and effect in accordance with its original terms. Reference to this specific Amendment need not be made in the Intercreditor Agreement, or any other document executed in connection therewith, or in any certificate, letter or communication issued or made pursuant to or with respect to the Intercreditor Agreement, any reference in any of such items to the Intercreditor Agreement being sufficient to refer to the Intercreditor Agreement as amended hereby.

3.3.    Wherever possible, each provision of this Amendment shall be interpreted in such a manner as to be effective and valid under applicable law, but if any provision of this Amendment shall be prohibited by or invalid under applicable law, such provision shall be ineffective to the extent of such prohibition or invalidity, without invalidating the remainder of such provision or the remaining provisions of this Amendment.

3.4.    This Amendment may be executed in any number of counterparts, and by the different parties on different counterpart signature pages, all of which taken together shall constitute one and the same agreement. Either of the parties hereto may execute this Amendment by signing any such counterpart and each of such counterparts shall for all purposes be deemed to be an original. Delivery of a counterpart hereof by facsimile transmission or by e‑mail transmission of an Adobe portable document format file (also known as a “PDF” file) shall be effective as delivery of a manually executed counterpart hereof. This Amendment shall be governed by, and construed in accordance with, the internal laws of the State of New York without giving effect to conflicts of law principles.

[SIGNATURE PAGES TO FOLLOW]

-3-

-4-

This First Amendment to Intercreditor Agreement is entered into as of the date and year first above written.

BANK HAPOALIM B.M., as Collateral Agent for the Lion Oil First Lien Lenders

By    

Name    

Title    

FIFTH THIRD BANK, an Ohio banking corporation, as Administrative Agent for the Logistics Lenders

By    

Name    

Title    

EX-31.1

Exhibit 31.1

Certification by Chief Executive Officer pursuant to

Rule 13a-14(a) or Rule 15d-14(a) under the Securities Exchange Act of 1934,

As Adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

I, Ezra Uzi Yemin, certify that:

1. I have reviewed this quarterly report on Form 10-Q of Delek Logistics Partners, LP;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the registrant and have:

a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

c) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

By:	/s/ Ezra Uzi Yemin
	Ezra Uzi Yemin,
	Chairman and Chief Executive Officer (Principal Executive Officer) of Delek Logistics GP, LLC (the general partner of Delek Logistics Partners, LP)

Dated: August 7, 2014

EX-31.2

Exhibit 31.2

Certification by Chief Financial Officer pursuant to

Rule 13a-14(a) or Rule 15d-14(a) under the Securities Exchange Act of 1934,

As Adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

I, Assaf Ginzburg, certify that:

1. I have reviewed this quarterly report on Form 10-Q of Delek Logistics Partners, LP;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the registrant and have:

a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

c) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

By:	/s/ Assaf Ginzburg
	Assaf Ginzburg,
	Executive Vice President and Chief Financial Officer (Principal Financial and Accounting Officer) of Delek Logistics GP, LLC (the general partner of Delek Logistics Partners, LP)

Dated: August 7, 2014

EX-32.1

Exhibit 32.1

Certification Pursuant to

18 U.S.C. Section 1350,

as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

In connection with the quarterly report of Delek Logistics Partners, LP (the “Partnership”) on Form 10-Q for the quarter ended June 30, 2014 as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Ezra Uzi Yemin, Chairman and Chief Executive Officer of Delek Logistics GP, LLC, the general partner of the Partnership, certify, pursuant to 18 U.S.C. § 1350, as adopted pursuant to § 906 of the Sarbanes-Oxley Act of 2002, and to the best of my knowledge, that:

(1) The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Partnership.

By:	/s/ Ezra Uzi Yemin
	Ezra Uzi Yemin,
	Chairman and Chief Executive Officer (Principal Executive Officer) of Delek Logistics GP, LLC (the general partner of Delek Logistics Partners, LP)

Dated: August 7, 2014

A signed original of this written statement required by Section 906 has been provided to the Partnership and will be retained and furnished to the Securities and Exchange Commission or its staff upon request.

EX-32.2

Exhibit 32.2

Certification Pursuant to

18 U.S.C. Section 1350,

as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

In connection with the quarterly report of Delek Logistics Partners, LP (the “Partnership”) on Form 10-Q for the quarter ended June 30, 2014, as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Assaf Ginzburg, Executive Vice President and Chief Financial Officer of Delek Logistics GP, LLC, the general partner of the Partnership, certify, pursuant to 18 U.S.C. § 1350, as adopted pursuant to § 906 of the Sarbanes-Oxley Act of 2002, and to the best of my knowledge, that:

(1) The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Partnership.

By:	/s/ Assaf Ginzburg
	Assaf Ginzburg,
	Executive Vice President and Chief Financial Officer (Principal Financial and Accounting Officer) of Delek Logistics GP, LLC (the general partner of Delek Logistics Partners, LP)

Dated: August 7, 2014

A signed original of this written statement required by Section 906 has been provided to the Partnership and will be retained and furnished to the Securities and Exchange Commission or its staff upon request.

XML

Amended and Restated Credit Agreement (Details) (Revolving Credit Facility [Member], Fifth Third Bank [Member], USD $) In Millions, unless otherwise specified		6 Months Ended			0 Months Ended
	Jun. 30, 2014 Letter of Credit [Member]	Jun. 30, 2014 Line of Credit [Member]	Jul. 09, 2013 Line of Credit [Member]	Nov. 07, 2012 Line of Credit [Member]	Jul. 09, 2013 Line of Credit [Member] London Interbank Offered Rate (LIBOR) [Member] United States of America, Dollars	Jul. 09, 2013 Line of Credit [Member] Canadian prime rate [Member] Canada, Dollars	Jul. 09, 2013 Line of Credit [Member] Prime Rate [Member] United States of America, Dollars	Jul. 09, 2013 Line of Credit [Member] Canadian Dealer Offered Rate (CDOR) [Member] Canada, Dollars
Line of Credit Facility [Line Items]
Maximum Borrowing Capacity			$ 400.0	$ 175.0
Maximum Borrowing Capacity under Accordion Feature			450.0
Debt Instrument, Description of Variable Rate Basis					LIBOR	Canadian dollar prime rate,	U.S. dollar prime rate	Canadian Dealer Offered Rate
Weighted Average Interest Rate		2.70%
Unused Capacity, Commitment Fee Percentage		0.50%
Holdings Note Principal amount outstanding		102.0
Borrowings outstanding	0	239.0
Letters of Credit Outstanding	13.5
Remaining Borrowing Capacity		$ 147.5

XML

Derivative Instruments Balance Sheet Location (Details) (USD $)	Jun. 30, 2014 bbl	Dec. 31, 2013
Derivatives, Fair Value [Line Items]
Assets	$ 350,000	$ 116,000
Liabilities	(21,000)	0
Counterparty Netting and Cash Collateral, Assets	264,000	0
Counterparty Netting and Cash Collateral, Liabilities	21,000	0
Total net fair value of derivative, assets	614,000	116,000
Total net fair value of derivative, liabilities	0	0
Footnote [Abstract]
Cash collateral	300,000	0
Derivative open contracts (barrels)	182,000
Not Designated as Hedging Instrument [Member] | Interest rate derivatives | Other long term assets
Derivatives, Fair Value [Line Items]
Assets	41,000	116,000
Liabilities	0	0
Not Designated as Hedging Instrument [Member] | Commodity derivatives | Other current assets
Derivatives, Fair Value [Line Items]
Assets	309,000	0
Liabilities	$ (21,000)	$ 0

XML

Equity Based Compensation (Details) (USD $)	3 Months Ended	6 Months Ended
	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Equity Based Compensation [Abstract]
Unit-based compensation expense	$ 112,000	$ 100,000	$ 100,000
Total unrecognized compensation costs		$ 1,000,000
Weighted average period of recognition (years)		3 years 4 months 10 days

XML

Derivative Instruments Income Statment Location (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Designated as Hedging Instrument [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Income, Net	$ (229)	$ 193	$ (379)	$ (78)
Interest expense | Not Designated as Hedging Instrument [Member] | Interest rate derivatives
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Income, Net	(54)	92	(75)	25
Cost of goods sold | Not Designated as Hedging Instrument [Member] | Commodity derivatives
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Income, Net	$ (175)	$ 101	$ (304)	$ (103)

XML

Equity Cash distributions (Details) (USD $) In Thousands, except Per Share data, unless otherwise specified	0 Months Ended		3 Months Ended		6 Months Ended		0 Months Ended
	Apr. 25, 2014	Jan. 24, 2014	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Jul. 28, 2014 Subsequent Event [Member]
Distribution Made to Limited Partner [Line Items]
Total Quarterly Distribution Per Unit	$ 0.425	$ 0.415					$ 0.475
Total Quarterly Distribution Per Unit, Annualized	$ 1.70	$ 1.66					$ 1.90
Total Cash Distribution including general partner IDRs	$ 10,474	$ 10,228	$ 11,910	$ 9,688	$ 22,384	$ 19,117	$ 11,910

XML

Acquisitions Tyler and El Dorado Terminal and Tankage Acquisitions (Details) (USD $) In Millions, unless otherwise specified	0 Months Ended
	Feb. 10, 2014 El Dorado Terminal and Tanks [Member] bbl	Jul. 26, 2013 Tyler Terminal and Tanks [Member] bbl
Business Acquisition [Line Items]
Purchase price for acquisition	$ 95.9	$ 94.8
Total Throughput Capacity (bpd)	26,700	72,000
Number of Storage Tanks	158
Aggregate Shell Capacity (barrels)	2,500,000	2,000,000

XML

Commitments and Contingencies Contracts and Agreements (Details) (Abilene Contract [Member])	6 Months Ended
	Jun. 30, 2014
Abilene Contract [Member]
Other Commitments [Line Items]
Maximum Purchases under Supply Contract (bpd)	20,350

XML

Acquisitions (Tables)

6 Months Ended

Jun. 30, 2014

Tyler and El Dorado Terminal and Tank Assets [Member]

Business Acquisition [Line Items]

Business Acquisition, Pro Forma Information [Table Text Block]

The following amounts associated with the El Dorado Terminal and Tanks Assets and the Tyler Terminal and Tank Assets, subsequent to each respective acquisition date, are included in the condensed consolidated statements of operations of the Partnership (in thousands):

	Three Months Ended		Six Months Ended
	June 30, 2014		June 30, 2014
Tyler Terminal and Tank Assets:
Total operating revenues	$	4,501	$	9,002
Net income attributable to the Partnership	2,375		5,284
El Dorado Terminal and Tank Assets:
Total operating revenues	4,398		6,855
Net income attributable to the Partnership	2,726		3,941
Costs associated with the acquisition	$	—	$	186

Business Combination, Financial Information [Table Text Block]

The tables on the following page present our results of operations, the effect of including the results of the El Dorado Terminal and Tank Assets and the Tyler Terminal and Tank Assets and the adjusted total amounts included in our condensed consolidated financial statements.

Condensed Combined Balance Sheet as of December 31, 2013

	Delek Logistics			El Dorado Terminal and Tank Assets
	Partners, LP			(El Dorado Predecessor)			December 31, 2013
				(In thousands)
ASSETS
Current Assets:
Cash and cash equivalents	$	924		$	—		$	924
Accounts receivable	28,976			—			28,976
Inventory	17,512			—			17,512
Deferred tax assets	12			—			12
Other current assets	341			—			341
Total current assets	47,765			—			47,765
Property, plant and equipment:
Property, plant and equipment	235,588			29,800			265,388
Less: accumulated depreciation	(36,306		)	(3,260		)	(39,566		)
Property, plant and equipment, net	199,282			26,540			225,822
Goodwill	10,454			—			10,454
Intangible assets, net	12,258			—			12,258
Other non-current assets	5,045			—			5,045
Total assets	$	274,804		$	26,540		$	301,344
LIABILITIES AND EQUITY
Current liabilities:
Accounts payable	$	26,045		$	—		$	26,045
Accounts payable to related parties	1,513			—			1,513
Fuel and other taxes payable	5,700			—			5,700
Accrued expenses and other current liabilities	5,776			675			6,451
Total current liabilities	39,034			675			39,709
Non-current liabilities:
Revolving credit facility	164,800			—			164,800
Asset retirement obligations	2,993			94			3,087
Deferred tax liabilities	324			—			324
Other non-current liabilities	5,612			610			6,222
Total non-current liabilities	173,729			704			174,433
Equity:
Predecessors division equity	—			25,161			25,161
Common unitholders - public (9,353,240 units issued and outstanding)	183,839			—			183,839
Common unitholders - Delek (2,799,258 units issued and outstanding)	(176,680		)	—			(176,680		)
Subordinated unitholders - Delek (11,999,258 units issued and outstanding)	59,386			—			59,386
General Partner unitholders - Delek (492,893 units issued and outstanding)	(4,504		)	—			(4,504		)
Total equity	62,041			25,161			87,202
Total liabilities and equity	$	274,804		$	26,540		$	301,344

Condensed Combined Statements of Operations

			El Dorado Terminal and Tank Assets
	Delek Logistics Partners, LP		(El Dorado Predecessor)			Six Months Ended June 30, 2014
Net sales	$	439,870	$	—		$	439,870
Operating costs and expenses:
Cost of goods sold	368,783		—			368,783
Operating expenses	18,080		783			18,863
General and administrative expenses	4,859		46			4,905
Depreciation and amortization	6,895		114			7,009
Loss on asset disposal	74		—			74
Total operating costs and expenses	398,691		943			399,634
Operating income (loss)	41,179		(943		)	40,236
Interest expense, net	4,325		—			4,325
Net income (loss) before income tax expense	36,854		(943		)	35,911
Income tax expense	428		—			428
Net income (loss)	36,426		(943		)	35,483
Less: Loss attributable to Predecessors	—		(943		)	(943		)
Net income attributable to partners	$	36,426	$	—		$	36,426

			Tyler Terminal and Tank Assets			El Dorado Terminal and Tank Assets
	Delek Logistics Partners, LP		(Tyler Predecessor)			(El Dorado Predecessor)			Three Months Ended June 30, 2013
			(In thousands)
Net Sales	$	230,142	$	—		$	—		$	230,142
Operating costs and expenses:
Cost of goods sold	207,966		—			—			207,966
Operating expenses	6,067		2,022			1,839			9,928
General and administrative expenses	1,111		223			187			1,521
Depreciation and amortization	2,372		614			298			3,284
Total operating costs and expenses	217,516		2,859			2,324			222,699
Operating income (loss)	12,626		(2,859		)	(2,324		)	7,443
Interest expense, net	752		—			—			752
Net income (loss) before income tax expense	11,874		(2,859		)	(2,324		)	6,691
Income tax expense	118		—			—			118
Net income (loss)	11,756		(2,859		)	(2,324		)	6,573
Less: Loss attributable to Predecessors	—		(2,859		)	(2,324		)	(5,183		)
Net income attributable to partners	$	11,756	$	—		$	—		$	11,756

			Tyler Terminal and Tank Assets			El Dorado Terminal and Tank Assets
	Delek Logistics Partners, LP		(Tyler Predecessor)			(El Dorado Predecessor)			Six Months Ended June 30, 2013
			(In thousands)
Net Sales	$	441,036	$	—		$	—		$	441,036
Operating costs and expenses:
Cost of goods sold	395,826		—			—			395,826
Operating expenses	11,929		3,672			3,408			19,009
General and administrative expenses	2,788		516			419			3,723
Depreciation and amortization	4,724		1,506			595			6,825
Total operating costs and expenses	415,267		5,694			4,422			425,383
Operating income (loss)	25,769		(5,694		)	(4,422		)	15,653
Interest expense, net	1,569		—			—			1,569
Net income (loss) before income tax expense	24,200		(5,694		)	(4,422		)	14,084
Income tax expense	240		—			—			240
Net income (loss)	23,960		(5,694		)	(4,422		)	13,844
Less: Loss attributable to Predecessors	—		(5,694		)	(4,422		)	(10,116		)
Net income attributable to partners	$	23,960	$	—		$	—		$	23,960

North Little Rock Terminal [Member]

Business Acquisition [Line Items]

Business Acquisition, Pro Forma Information [Table Text Block]

Below are the unaudited pro forma consolidated results of operations for the three and six months ended June 30, 2013, as if these acquisitions had occurred on January 1, 2013 (in thousands):

	Three Months Ended		Six Months Ended
	June 30, 2013		June 30, 2013
Net sales	$	230,501	$	441,755
Net income	$	6,780	$	14,260

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

During the second quarter of 2014, we finalized our purchase price allocation and adjusted certain of the acquisition-date fair values previously disclosed. The final allocation of the aggregate purchase price of the North Little Rock Terminal as of June 30, 2014 is summarized as follows (in thousands):

Property, plant and equipment	$	4,990
Intangible assets	10
Total	$	5,000

Hopewell [Member]

Business Acquisition [Line Items]

Business Acquisition, Pro Forma Information [Table Text Block]

Below are the unaudited pro forma consolidated results of operations for the three and six months ended June 30, 2013, as if the acquisition had occurred on January 1, 2013 (in thousands):

	Three Months Ended		Six Months Ended
	June 30, 2013		June 30, 2013
Net sales	$	230,142	$	441,036
Net income	$	6,480	$	13,588

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

The final allocation of the aggregate purchase price of the Hopewell Pipeline as of June 30, 2014 is summarized as follows (in thousands):

Property, plant and equipment	$	3,538
Intangible assets	984
Goodwill	1,200
Total	$	5,722

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Segment Data PP&E (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2014	Dec. 31, 2013
Segment Reporting Information [Line Items]
Property, plant and equipment	$ 266,436	$ 266,436	$ 265,388	[1]
Less: accumulated depreciation	(45,843)	(45,843)	(39,566)	[1]
Property, plant and equipment, net	220,593	220,593	225,822	[1]
Depreciation expense	3,267	6,478
Pipelines and Transportation [Member]
Segment Reporting Information [Line Items]
Property, plant and equipment	247,241	247,241
Less: accumulated depreciation	(38,296)	(38,296)
Property, plant and equipment, net	208,945	208,945
Depreciation expense	2,561	4,749
Wholesale Marketing and Terminalling [Member]
Segment Reporting Information [Line Items]
Property, plant and equipment	19,195	19,195
Less: accumulated depreciation	(7,547)	(7,547)
Property, plant and equipment, net	11,648	11,648
Depreciation expense	$ 706	$ 1,729

[1] Includes the historical balances of the El Dorado Terminal and Tank Assets and the Tyler Terminal and Tank Assets. See Notes 1 and 2 for further discussion.

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Equity (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Dec. 31, 2013
Class of Stock [Line Items]
General partner - Delek, units outstanding (units)	493,533		493,533		492,893
Delek's limited partner ownership interest			60.00%
Delek's Ownership Interest in General Partner	96.10%		96.10%
General partner's ownership interest	2.00%	2.00%	2.00%	2.00%
Common- Public [Member]
Class of Stock [Line Items]
Common units outstanding (units)	9,384,589		9,384,589
Common- Delek [Member]
Class of Stock [Line Items]
Common units outstanding (units)	2,799,258		2,799,258
Subordinated [Member]
Class of Stock [Line Items]
Common units outstanding (units)	11,999,258		11,999,258

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Acquisitions Hopewell Acquisition (Details) (Hopewell [Member], USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Jul. 19, 2013
Hopewell [Member]
Business Acquisition [Line Items]
Property, Plant, and Equipment					$ 3,538
Intangible Assets					984
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net					1,200
Total Recognized Identifiable Assets Acquired and Liabilities Assumed, Net					5,722
Revenue since Acquisition Date	400		800
Net Income since Acquisition Date	300		600
Pro Forma Net Sales		230,142		441,036
Pro Forma Net Income		$ 6,480		$ 13,588

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Fair Value Measurements Narrative (Details) (USD $) In Millions, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013
Fair Value Disclosures [Abstract]
Cash collateral	$ 0.3	$ 0

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Related Party Transactions Omnibus Agreement (Details) (Omnibus Agreement [Member], USD $) In Millions, unless otherwise specified	0 Months Ended
	Feb. 10, 2014	Jul. 26, 2013
Related Party Transaction [Line Items]
Omnibus Agreement Annual Amount	$ 3.3	$ 3.0
El Dorado Terminal and Tanks [Member]
Related Party Transaction [Line Items]
Annual Maximum Tank Repair and Maintenance Expense	$ 0.5

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Equity Distributions Earned (Details) (USD $) In Thousands, except Per Share data, unless otherwise specified	0 Months Ended		3 Months Ended			6 Months Ended
	Apr. 25, 2014	Jan. 24, 2014	Jun. 30, 2014	Jun. 30, 2013		Jun. 30, 2014	Jun. 30, 2013
Distributions Earned by Limited or General Partners [Line Items]
Distribution Made To Partners, Total Cash Distributions Declared	$ 10,474	$ 10,228	$ 11,910	$ 9,688		$ 22,384	$ 19,117
Cash distributions per unit			$ 0.475	$ 0.395	[1]	$ 0.900	$ 0.780	[1]
General Partner [Member]
Distributions Earned by Limited or General Partners [Line Items]
Managing Member Or General Partner, Subsequent Distribution Amount, Excluding Incentive Distribution			235	193		444	382
Incentive Distribution, Subsequent Distribution Amount			189	0		189	0
Managing Member or General Partner, Subsequent Distribution Amount			424	193		633	382
Limited Partner [Member]
Distributions Earned by Limited or General Partners [Line Items]
Limited partners' distribution			11,486	9,495		21,751	18,735
Common Units [Member] | Limited Partner [Member]
Distributions Earned by Limited or General Partners [Line Items]
Limited partners' distribution			5,787	4,755		10,952	9,375
Subordinated Units [Member] | Limited Partner [Member]
Distributions Earned by Limited or General Partners [Line Items]
Limited partners' distribution			$ 5,699	$ 4,740		$ 10,799	$ 9,360

[1] Adjusted to include the historical results of the El Dorado Terminal and Tank Assets and the Tyler Terminal and Tank Assets. See Notes 1 and 2 for further discussion.

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Amended and Restated Credit Agreement (Notes)

6 Months Ended

Jun. 30, 2014

Amended and Restated Credit Agreement [Abstract]

Amended and Restated Credit Agreement

Amended and Restated Credit Agreement

We entered into a $175.0 million senior secured revolving credit agreement concurrent with the completion of the Offering on November 7, 2012, with Fifth Third Bank, as administrative agent, and a syndicate of lenders, which was subsequently amended and restated on July 9, 2013 (the “Amended and Restated Credit Agreement”). Under the terms of the Amended and Restated Credit Agreement, the lender commitments were increased from $175.0 million to $400.0 million and a dual currency borrowing tranche was added that permits draw downs in U.S. or Canadian dollars. The Amended and Restated Credit Agreement also contains an accordion feature whereby the Partnership can increase the size of the credit facility to an aggregate of $450.0 million, subject to receiving increased or new commitments from lenders and the satisfaction of certain other conditions precedent. The Amended and Restated Credit Agreement matures on November 7, 2017.

Borrowings denominated in U.S. dollars under the Amended and Restated Credit Agreement bear interest at either a U.S. dollar prime rate, plus an applicable margin, or the London Interbank Offered Rate ("LIBOR"), plus an applicable margin, at the election of the borrowers. Borrowings denominated in Canadian dollars under the Amended and Restated Credit Agreement bear interest at either a Canadian dollar prime rate, plus an applicable margin, or the Canadian Dealer Offered Rate, plus an applicable margin, at the election of the borrowers. The applicable margin in each case varies based upon the Partnership's most recently reported leverage ratio. At June 30, 2014, the weighted average interest rate was approximately 2.7%. Additionally, the Amended and Restated Credit Agreement requires us to pay a leverage ratio dependent quarterly fee on the average unused revolving commitment. As of June 30, 2014, this fee was 0.5% per year.

The obligations under the Amended and Restated Credit Agreement remain secured by first priority liens on substantially all of the Partnership's and its U.S. subsidiaries' tangible and intangible assets. Additionally, Delek Marketing continues to provide a limited guaranty of the Partnership's obligations under the Amended and Restated Credit Agreement. Delek Marketing's guaranty is (i) limited to an amount equal to the principal amount, plus unpaid and accrued interest, of a promissory note made by Delek US in favor of Delek Marketing (the "Holdings Note") and (ii) secured by Delek Marketing's pledge of the Holdings Note to our lenders under the Amended and Restated Credit Agreement. As of June 30, 2014, the principal amount of the Holdings Note was $102.0 million, plus unpaid interest accrued since the issuance date.

As of June 30, 2014, we had $239.0 million of outstanding borrowings under the Amended and Restated Credit Agreement. Additionally, we had in place letters of credit totaling approximately $13.5 million, primarily securing obligations with respect to gasoline and diesel purchases. No amounts were drawn under these letters of credit at June 30, 2014. Amounts available under the Amended and Restated Credit Agreement as of June 30, 2014 were approximately $147.5 million.

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Related Party Transactions Summary of Transactions (Details) (USD $)	0 Months Ended		3 Months Ended		6 Months Ended		3 Months Ended	6 Months Ended		3 Months Ended	6 Months Ended	1 Months Ended		3 Months Ended				6 Months Ended				0 Months Ended
	Apr. 25, 2014	Jan. 24, 2014	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2013 El Dorado Terminal and Tanks [Member]	Jun. 30, 2014 El Dorado Terminal and Tanks [Member]	Jun. 30, 2013 El Dorado Terminal and Tanks [Member]	Jun. 30, 2013 Tyler Terminal and Tanks [Member]	Jun. 30, 2013 Tyler Terminal and Tanks [Member]	May 31, 2014 Delek US [Member]	Feb. 28, 2014 Delek US [Member]	Jun. 30, 2014 Delek US [Member]		Jun. 30, 2013 Delek US [Member]		Jun. 30, 2014 Delek US [Member]		Jun. 30, 2013 Delek US [Member]		Jul. 28, 2014 Subsequent Event [Member]	Jul. 28, 2014 Subsequent Event [Member] Delek US [Member]
Related Party Transaction [Line Items]
Revenues														$ 28,893,000		$ 17,206,000		$ 54,175,000		$ 34,720,000
Operating and maintenance expenses							300,000	400,000	600,000	700,000	1,400,000			5,161,000	[1]	3,598,000	[1]	10,553,000	[1]	7,347,000	[1]
General and administrative expenses							200,000	100,000	400,000	200,000	500,000			1,182,000	[2]	1,086,000	[2]	2,464,000	[2]	2,286,000	[2]
Distribution Made to Limited Partner, Cash Distributions Paid												6,500,000	6,300,000
Quarterly cash distribution declared (per unit)	$ 0.425	$ 0.415																				$ 0.475
Distribution Made To Partners, Total Cash Distributions Declared	$ 10,474,000	$ 10,228,000	$ 11,910,000	$ 9,688,000	$ 22,384,000	$ 19,117,000																$ 11,910,000	$ 7,500,000

[1] Operating and maintenance expenses include costs allocated to the Tyler Predecessor and the El Dorado Predecessor for operating support provided to the Tyler Predecessor by Delek Refining and to the El Dorado Predecessor by Lion Oil, including certain labor related costs, property and liability insurance costs and certain other operating expenses. The costs that were allocated to us by Delek Refining were $0.7 million and $1.4 million for the three and six months ended June 30, 2013, respectively. The costs that were allocated to us by Lion Oil were $0.4 million for the six months ended June 30, 2014 and $0.3 million and $0.6 million for the three and six months ended June 30, 2013, respectively.

[2] General and administrative expenses include costs allocated to the Tyler Predecessor and El Dorado Predecessor for general and administrative support provided to the Tyler Predecessor by Delek Refining and to the El Dorado Predecessor by Lion Oil, including services such as corporate management, risk management, accounting and human resources. The costs that were allocated to us by Delek Refining were $0.2 million and $0.5 million for the three and six months ended June 30, 2013, respectively. The costs that were allocated to us by Lion Oil were $0.1 million for the six months ended June 30, 2014 and $0.2 million and $0.4 million for the three and six months ended June 30, 2013, respectively.

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Equity Activity (Details) (USD $)	3 Months Ended			6 Months Ended				0 Months Ended	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013		Jun. 30, 2014		Jun. 30, 2013		Feb. 10, 2014 El Dorado Terminal and Tanks [Member]	Jun. 30, 2014 El Dorado Terminal and Tanks [Member]	Jun. 30, 2014 Limited Partner [Member] Common- Public [Member]		Jun. 30, 2014 Limited Partner [Member] Common- Delek [Member]		Jun. 30, 2014 Limited Partner [Member] Subordinated [Member]		Jun. 30, 2014 General Partner [Member]		Jun. 30, 2014 Predecessor [Member]
Increase (Decrease) in Partners' Capital [Roll Forward]
Balance at December 31, 2013				$ 87,202,000	[1]					$ 183,839,000		$ (176,680,000)		$ 59,386,000		$ (4,504,000)		$ 25,161,000
Sponsor contributions of equity to the El Dorado Predecessor				1,006,000						0		0		0		0		1,006,000
Loss attributable to the El Dorado Predecessors	0	(5,183,000)	[2]	(943,000)		(10,116,000)	[2]			0		0		0		0		(943,000)
Allocation of net assets acquired by the unitholders				0						0		24,720,000		0		504,000		(25,224,000)
Cash distributions				(116,602,000)	[3]					(7,856,000)	[3]	(96,334,000)	[3]	(10,080,000)	[3]	(2,332,000)	[3]	0	[3]
Sponsorship contribution of fixed assets				706,000						0		692,000		0		14,000		0
Net income attributable to partners	21,754,000	11,756,000	[2]	36,426,000		23,960,000	[2]			13,841,000		4,135,000		17,722,000		728,000		0
Unit-based compensation				121,000						298,000		89,000		381,000		(647,000)		0
Other				22,000						0		0		0		22,000		0
Balance at June 30, 2014	7,938,000			7,938,000						190,122,000		(243,378,000)		67,409,000		(6,215,000)		0
Footnote [Abstract]
Cash payments for acquisition								95,900,000
Decrease in equity balance									$ 70,700,000

[1] Includes the historical balances of the El Dorado Terminal and Tank Assets and the Tyler Terminal and Tank Assets. See Notes 1 and 2 for further discussion.

[2] Adjusted to include the historical results of the El Dorado Terminal and Tank Assets and the Tyler Terminal and Tank Assets. See Notes 1 and 2 for further discussion.

[3] Cash distributions include $95.9 million in cash payments for the El Dorado Acquisition. As an entity under common control with Delek, we record the assets that we acquire from Delek on our balance sheet at Delek's historical book basis instead of fair value. Additionally, any excess of cash paid over the historical book basis of the assets acquired from Delek is recorded within equity. As a result of the El Dorado Acquisition, our equity balance decreased $70.7 million

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Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2014

Fair Value Measurements [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

The fair value hierarchy for our financial assets accounted for at fair value on a recurring basis at June 30, 2014 and December 31, 2013 was as follows (in thousands):

	As of June 30, 2014
	Level 1		Level 2			Level 3		Total
Assets
Interest rate derivatives	$	—	$	41		$	—	$	41
Commodity derivatives	—		309			—		309
Total assets	—		350			—		350
Liabilities
Commodity derivatives	—		(21		)	—		(21		)
Net assets	$	—	$	329		$	—	$	329

	As of December 31, 2013
	Level 1		Level 2		Level 3		Total
Assets
Interest rate derivatives	$	—	$	116	$	—	$	116

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Segment Data (Tables)

6 Months Ended

Jun. 30, 2014

Segment Reporting Information [Line Items]

Schedule of Segment Reporting Information, by Segment [Table Text Block]

The following is a summary of business segment operating performance as measured by contribution margin for the period indicated (in thousands):

	Three Months Ended June 30, 2014
	Pipelines and Transportation		Wholesale Marketing and Terminalling		Consolidated
Net sales	$	23,066	$	213,277	$	236,343
Operating costs and expenses:
Cost of goods sold	1,130		195,444		196,574
Operating expenses	7,745		1,799		9,544
Segment contribution margin	$	14,191	$	16,034	30,225
General and administrative expenses					2,242
Depreciation and amortization					3,532
Loss on asset disposals					74
Operating income					$	24,377
Total assets	$	222,115	$	92,324	$	314,439
Capital spending (excluding business combinations)	$	212	$	756	$	968

	Three Months Ended June 30, 2013
	Pipelines and Transportation		Wholesale Marketing and Terminalling		Consolidated
Net sales	$	13,667	$	216,475	$	230,142
Operating costs and expenses:
Cost of goods sold	—		207,966		207,966
Operating expenses	8,064		1,864		9,928
Segment contribution margin	$	5,603	$	6,645	12,248
General and administrative expenses					1,521
Depreciation and amortization					3,284
Operating income					$	7,443
Capital spending (excluding business combinations) (1)	$	2,542	$	883	$	3,425

⁽¹⁾ Capital spending includes expenditures incurred in connection with the assets acquired in the El Dorado Acquisition and the Tyler Acquisition.

	Six Months Ended June 30, 2014
	Pipelines and Transportation		Wholesale Marketing and Terminalling		Consolidated
Net sales	$	43,334	$	396,536	$	439,870
Operating costs and expenses:
Cost of goods sold	2,256		366,527		368,783
Operating expenses	14,744		4,119		18,863
Segment contribution margin	$	26,334	$	25,890	52,224
General and administrative expenses					4,905
Depreciation and amortization					7,009
Loss on asset disposals					74
Operating income					$	40,236
Capital spending (excluding business combinations) (1)	$	1,149	$	784	$	1,933

⁽¹⁾ Capital spending includes expenditures incurred in connection with the assets acquired in the El Dorado Acquisition.

	Six Months Ended June 30, 2013
	Pipelines and Transportation		Wholesale Marketing and Terminalling		Consolidated
Net sales	$	27,204	$	413,832	$	441,036
Operating costs and expenses:
Cost of goods sold	—		395,826		395,826
Operating expenses	15,478		3,531		19,009
Segment contribution margin	$	11,726	$	14,475	26,201
General and administrative expenses					3,723
Depreciation and amortization					6,825
Operating income					$	15,653
Capital spending (excluding business combinations) (1)	$	6,058	$	1,081	$	7,139

⁽¹⁾ Capital spending includes expenditures incurred in connection with the assets acquired in the Tyler Acquisition and El Dorado Acquisition.

Property, plant and equipment, accumulated depreciation and depreciation expense by reporting segment as of and for the three and six months ended June 30, 2014 were as follows (in thousands):

	Pipelines and Transportation			Wholesale Marketing and Terminalling			Consolidated
Property, plant and equipment	$	247,241		$	19,195		$	266,436
Less: accumulated depreciation	(38,296		)	(7,547		)	(45,843		)
Property, plant and equipment, net	$	208,945		$	11,648		$	220,593
Depreciation expense for the three months ended June 30, 2014	$	2,561		$	706		$	3,267
Depreciation expense for the six months ended June 30, 2014	$	4,749		$	1,729		$	6,478

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Commitments and Contingencies Crude Oil Releases (Details) (USD $) In Millions, unless otherwise specified	6 Months Ended		3 Months Ended		3 Months Ended	6 Months Ended
	Jun. 30, 2014 Magnolia Station Crude Oil Release [Member]	Jun. 30, 2013 Magnolia Station Crude Oil Release [Member]	Dec. 31, 2013 Macedonia Crude Oil Release [Member]	Jun. 30, 2014 Macedonia Crude Oil Release [Member]	Jun. 30, 2014 Haynesville Crude Oil Release [Member]	Jun. 30, 2014 Haynesville Crude Oil Release [Member]
Loss Contingencies [Line Items]
Cost incurred for environmental remediation		$ 0.3	$ 0.3		$ 1.0	$ 1.0
Accrual for expected fines and penalties				1.5	2.5	2.5
Maximum Exposure for Environmental Remediation under Omnibus Agreement	$ 0.3					$ 1.0

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Equity Allocations of net income (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended			6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013		Jun. 30, 2014	Jun. 30, 2013
Equity [Abstract]
Net income attributable to partners	$ 21,754	$ 11,756	[1]	$ 36,426	$ 23,960	[1]
Less: General partner's IDR's	(189)	0		(189)	0
Net Income Available To Partners	21,565	11,756		36,237	23,960
General partner's ownership interest	2.00%	2.00%		2.00%	2.00%
General partner's allocated interest in net income	431	234		725	478
General partner's IDRs	189	0		189	0
Total general partner's interest in net income	$ 620	$ 234	[1]	$ 914	$ 478	[1]

[1] Adjusted to include the historical results of the El Dorado Terminal and Tank Assets and the Tyler Terminal and Tank Assets. See Notes 1 and 2 for further discussion.

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Derivative Instruments (Tables)

6 Months Ended

Jun. 30, 2014

Derivative Instruments [Abstract]

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]

The tables below present the fair value of our derivative instruments, as of June 30, 2014 and December 31, 2013 (in thousands).

		June 30, 2014						December 31, 2013
Derivative Type	Balance Sheet Location	Assets			Liabilities			Assets		Liabilities
Derivatives not designated as hedging instruments:
Interest rate derivatives	Other long term assets	$	41		$	—		$	116	$	—
Commodity derivatives (1)	Other current assets	309			(21		)	—		—
Total gross value of derivatives		$	350		$	(21	)	$	116	$	—
Less: Counterparty netting and cash collateral (2)		(264		)	(21		)	—		—
Total net fair value of derivatives		$	614		$	—		$	116	$	—

Derivative Instruments, Gain (Loss) [Table Text Block]

associated with derivatives not designated as hedging instruments for the three and six months ended June 30, 2014 and 2013 were as follows (in thousands):

		Three Months Ended June 30,					Six Months Ended June 30,
Derivative Type	Income Statement Location	2014			2013		2014			2013
Interest rate derivatives	Interest expense	$	(54	)	$	92	$	(75	)	$	25
Commodity derivatives	Cost of goods sold	(175		)	101		(304		)	(103		)
	Total	$	(229	)	$	193	$	(379	)	$	(78	)

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Related Party Transactions (Tables)

6 Months Ended

Jun. 30, 2014

Related Party Transactions [Abstract]

Commercial agreements

2014, we entered into the following commercial agreements with Delek:

Asset/Operation	Initiation Date	Initial/Maximum Term (years) (1)	Service	Minimum Throughput Commitment (bpd)	Fee
El Dorado Throughput and Tankage:
Refined Products Throughput	February 2014	8 / 16	Dedicated Terminalling and storage	11,000	$0.50/bbl (2)
Storage	February 2014			N/A	$1,299,000/month (2)
El Dorado Lease and Access	February 2014	50	Real property lease	N/A	$100 annually (3)
El Dorado Site Services	February 2014	8 / 16	Shared services	N/A	$200,000 annually (3)

⁽¹⁾  Maximum term gives effect to the extension of the commercial agreement pursuant to the terms thereof.

Summary of Related Party Transactions

A summary of revenue and expense transactions with Delek, including expenses directly charged and allocated to our Predecessors, are as follows (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2014		2013		2014		2013
Revenues	$	28,893	$	17,206	$	54,175	$	34,720
Operating and maintenance expenses (1)	5,161		3,598		10,553		7,347
General and administrative expenses (2)	1,182		1,086		2,464		2,286

⁽¹⁾  Operating and maintenance expenses include costs allocated to the Tyler Predecessor and the El Dorado Predecessor for operating support provided to the Tyler Predecessor by Delek Refining and to the El Dorado Predecessor by Lion Oil, including certain labor related costs, property and liability insurance costs and certain other operating expenses. The costs that were allocated to us by Delek Refining were $0.7 million and $1.4 million for the three and six months ended June 30, 2013, respectively. The costs that were allocated to us by Lion Oil were $0.4 million for the six months ended June 30, 2014 and $0.3 million and $0.6 million for the three and six months ended June 30, 2013, respectively.

⁽²⁾  General and administrative expenses include costs allocated to the Tyler Predecessor and El Dorado Predecessor for general and administrative support provided to the Tyler Predecessor by Delek Refining and to the El Dorado Predecessor by Lion Oil, including services such as corporate management, risk management, accounting and human resources. The costs that were allocated to us by Delek Refining were $0.2 million and $0.5 million for the three and six months ended June 30, 2013, respectively. The costs that were allocated to us by Lion Oil were $0.1 million for the six months ended June 30, 2014 and $0.2 million and $0.4 million for the three and six months ended June 30, 2013, respectively.

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Inventory (Notes)

6 Months Ended

Jun. 30, 2014

Inventory [Abstract]

Inventory

Inventory

Inventories consisted of $24.8 million and $17.5 million of refined petroleum products as of June 30, 2014 and December 31, 2013, respectively. Cost of inventory is stated at the lower of cost or market, determined on a first-in, first-out basis.

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Organization and Basis of Presentation (Details)	0 Months Ended
	Nov. 07, 2012
Organization and Basis of Presentation [Abstract]
Common units sold in initial public offering (units)	9,200,000

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Net Income Per Unit Narrative (Details)	3 Months Ended			6 Months Ended
	Jun. 30, 2014	Mar. 31, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Net Income Per Unit [Abstract]
General partner's ownership interest	2.00%		2.00%	2.00%	2.00%
Weighted Average Number of Shares Outstanding, Basic		24,644,649		24,651,912

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Derivative Instruments Narrative (Details) (USD $) In Millions, unless otherwise specified	Jun. 30, 2014
Derivative Instruments [Abstract]
Derivative, Notional Amount	$ 45.0

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Condensed Consolidated Balance Sheets (Unaudited) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013
Current assets:
Cash and cash equivalents	$ 2,417	$ 924	[1]
Accounts receivable	37,951	28,976	[1]
Inventory	24,833	17,512	[1]
Deferred tax assets	12	12	[1]
Other current assets	799	341	[1]
Total current assets	66,012	47,765	[1]
Property, plant and equipment:
Property, plant and equipment	266,436	265,388	[1]
Less: accumulated depreciation	(45,843)	(39,566)	[1]
Property, plant and equipment, net	220,593	225,822	[1]
Goodwill	11,654	10,454	[1]
Intangible assets, net	11,843	12,258	[1]
Other non-current assets	4,337	5,045	[1]
Total assets	314,439	301,344	[1]
Current liabilities:
Accounts payable	39,731	26,045	[1]
Accounts payable to related parties	2,596	1,513	[1]
Fuel and other taxes payable	6,733	5,700	[1]
Accrued expenses and other current liabilities	9,270	6,451	[1]
Total current liabilities	58,330	39,709	[1]
Non-current liabilities:
Revolving credit facility	239,000	164,800	[1]
Asset retirement obligations	3,202	3,087	[1]
Deferred tax liabilities	376	324	[1]
Other non-current liabilities	5,593	6,222	[1]
Total non-current liabilities	248,171	174,433	[1]
Equity:
Predecessors division equity	0	25,161	[1]
Common unitholders - public; 9,384,589 units issued and outstanding at June 30, 2014 (9,353,240 at December 31, 2013)	190,122	183,839	[1]
Common unitholders - Delek; 2,799,258 units issued and outstanding at June 30, 2014 (2,799,258 at December 31, 2013)	(243,378)	(176,680)	[1]
Subordinated unitholders - Delek; 11,999,258 units issued and outstanding at June 30, 2014 (11,999,258 at December 31, 2013)	67,409	59,386	[1]
General partner - Delek; 493,533 units issued and outstanding at June 30, 2014 (492,893 at December 31, 2013)	(6,215)	(4,504)	[1]
Total equity	7,938	87,202	[1]
Total liabilities and equity	$ 314,439	$ 301,344	[1]

[1] Includes the historical balances of the El Dorado Terminal and Tank Assets and the Tyler Terminal and Tank Assets. See Notes 1 and 2 for further discussion.

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Equity Incentive Distribution Rights (Details) (USD $)	6 Months Ended
	Jun. 30, 2014
Incentive Distribution Made to Managing Member or General Partner [Line Items]
Incentive Distribution Distribution Split Marginal Percentage	50.00%
Minimum quarterly distribution [Member]
Incentive Distribution Made to Managing Member or General Partner [Line Items]
Distribution Payment Targets	$ 0.37500
Minimum quarterly distribution [Member] | Limited Partner [Member]
Incentive Distribution Made to Managing Member or General Partner [Line Items]
Incentive Distribution Distribution Split Marginal Percentage	98.00%
Minimum quarterly distribution [Member] | General Partner [Member]
Incentive Distribution Made to Managing Member or General Partner [Line Items]
Incentive Distribution Distribution Split Marginal Percentage	2.00%
First target distribution [Member] | Minimum [Member]
Incentive Distribution Made to Managing Member or General Partner [Line Items]
Distribution Payment Targets	$ 0.37500
First target distribution [Member] | Maximum [Member]
Incentive Distribution Made to Managing Member or General Partner [Line Items]
Distribution Payment Targets	$ 0.43125
First target distribution [Member] | Limited Partner [Member]
Incentive Distribution Made to Managing Member or General Partner [Line Items]
Incentive Distribution Distribution Split Marginal Percentage	98.00%
First target distribution [Member] | General Partner [Member]
Incentive Distribution Made to Managing Member or General Partner [Line Items]
Incentive Distribution Distribution Split Marginal Percentage	2.00%
Second target distribution [Member] | Minimum [Member]
Incentive Distribution Made to Managing Member or General Partner [Line Items]
Distribution Payment Targets	$ 0.43125
Second target distribution [Member] | Maximum [Member]
Incentive Distribution Made to Managing Member or General Partner [Line Items]
Distribution Payment Targets	$ 0.46875
Second target distribution [Member] | Limited Partner [Member]
Incentive Distribution Made to Managing Member or General Partner [Line Items]
Incentive Distribution Distribution Split Marginal Percentage	85.00%
Second target distribution [Member] | General Partner [Member]
Incentive Distribution Made to Managing Member or General Partner [Line Items]
Incentive Distribution Distribution Split Marginal Percentage	15.00%
Third target distribution [Member] | Minimum [Member]
Incentive Distribution Made to Managing Member or General Partner [Line Items]
Distribution Payment Targets	$ 0.46875
Third target distribution [Member] | Maximum [Member]
Incentive Distribution Made to Managing Member or General Partner [Line Items]
Distribution Payment Targets	$ 0.56250
Third target distribution [Member] | Limited Partner [Member]
Incentive Distribution Made to Managing Member or General Partner [Line Items]
Incentive Distribution Distribution Split Marginal Percentage	75.00%
Third target distribution [Member] | General Partner [Member]
Incentive Distribution Made to Managing Member or General Partner [Line Items]
Incentive Distribution Distribution Split Marginal Percentage	25.00%
Thereafter [Member]
Incentive Distribution Made to Managing Member or General Partner [Line Items]
Distribution Payment Targets	$ 0.56250
Thereafter [Member] | Limited Partner [Member]
Incentive Distribution Made to Managing Member or General Partner [Line Items]
Incentive Distribution Distribution Split Marginal Percentage	50.00%
Thereafter [Member] | General Partner [Member]
Incentive Distribution Made to Managing Member or General Partner [Line Items]
Incentive Distribution Distribution Split Marginal Percentage	50.00%

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Organization and Basis of Presentation (Notes)

6 Months Ended

Jun. 30, 2014

Organization and Basis of Presentation [Abstract]

Organization and Basis of Presentation

Organization and Basis of Presentation

As used in this report, the terms "Delek Logistics Partners, LP," the "Partnership," "we," "us," or "our" may refer to Delek Logistics Partners, LP, one or more of its consolidated subsidiaries or all of them taken as a whole. References in this report to "Delek" refer collectively to Delek US Holdings, Inc. and any of its subsidiaries, other than Delek Logistics Partners, LP, its subsidiaries and its general partner.

The Partnership is a Delaware limited partnership formed in April 2012 by Delek Logistics GP, LLC, a subsidiary of Delek and our general partner. On November 7, 2012, we completed our initial public offering (the "Offering") of 9,200,000 common units representing limited partner interests.

Upon completion of the Offering, the Partnership consisted of the assets, liabilities and results of operations of certain crude oil and refined product pipelines and transportation, wholesale marketing and terminalling assets previously operated or held by Delek and certain of its present subsidiaries including Delek Marketing & Supply, LLC ("Delek Marketing") and Lion Oil Company ("Lion Oil") and former subsidiaries including Paline Pipeline Company, LLC, which is now a subsidiary of the Partnership.

On July 26, 2013, the Partnership, through its wholly owned subsidiary Delek Marketing & Supply, LP, acquired from Delek (i) the refined products terminal (the “Tyler Terminal”) located at Delek's Tyler, Texas refinery (the "Tyler Refinery") and (ii) 96 storage tanks and certain ancillary assets (the "Tyler Tank Assets" and together with the Tyler Terminal, the “Tyler Terminal and Tank Assets”) adjacent to the Tyler Refinery (such transaction, the “Tyler Acquisition”).

On February 10, 2014, the Partnership, through its wholly owned subsidiary Delek Logistics Operating, LLC ("OpCo"), acquired from Delek (i) the refined products terminal (the “El Dorado Terminal”) located at Delek's El Dorado, Arkansas refinery (the "El Dorado Refinery") and (ii) 158 storage tanks and certain ancillary assets (the "El Dorado Storage Tanks" and together with the El Dorado Terminal, the “El Dorado Terminal and Tank Assets”) at and adjacent to the El Dorado Refinery (such transaction, the “El Dorado Acquisition”).

The El Dorado Acquisition and the Tyler Acquisition were accounted for as transfers between entities under common control. As entities under common control with Delek, we record the assets that Delek has contributed to us on our balance sheet at Delek's historical basis instead of fair value. Transfers between entities under common control are accounted for as if the transfer occurred at the beginning of the period, and prior years are retrospectively adjusted to furnish comparative information. Accordingly, the accompanying financial statements and related notes of the Partnership have been retrospectively adjusted to include (i) the historical results of the El Dorado Terminal and Tank Assets, as owned and operated by Delek, for all periods presented through February 10, 2014 (the "El Dorado Predecessor"), and (ii) the historical results of the Tyler Terminal and Tank Assets, as owned and operated by Delek, for all periods presented through July 26, 2013 (the "Tyler Predecessor"). We refer to the historical results of the El Dorado and Tyler Predecessors collectively as our "Predecessors." See Note 2 for further information regarding the El Dorado Acquisition and the Tyler Acquisition.

The accompanying unaudited condensed consolidated financial statements and related notes for the three and six months ended June 30, 2014 and 2013 include the consolidated financial position, results of operations, cash flows and division equity of our Predecessors. The financial statements of our Predecessors have been prepared from the separate records maintained by Delek and may not necessarily be indicative of the conditions that would have existed or the results of operations if our Predecessors had been operated as unaffiliated entities. For example, our Predecessors did not record revenues for intercompany terminalling or storage services.

Certain information and footnote disclosures normally included in annual financial statements prepared in accordance with U.S. generally accepted accounting principles ("U.S. GAAP") have been condensed or omitted, although management believes that the disclosures herein are adequate to make the financial information presented not misleading. Our unaudited condensed consolidated financial statements have been prepared in conformity with U.S. GAAP applied on a consistent basis with those of the annual audited financial statements included in our Annual Report on Form 10-K for the year ended December 31, 2013 (our "Annual Report on Form 10-K"), filed with the Securities and Exchange Commission (the "SEC") on March 5, 2014. These unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto for the year ended December 31, 2013 included in our Annual Report on Form 10-K.

In the opinion of management, all adjustments necessary for a fair presentation of the financial position and the results of operations for the interim periods presented have been included. All significant intercompany transactions and account balances have been eliminated in the consolidation. Such intercompany transactions do not include those with Delek or our general partner. All adjustments are of a normal, recurring nature. Operating results for the interim period should not be viewed as representative of results that may be expected for any future interim period or for the full year.

The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

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Commitments and Contingencies Operating Leases (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended		6 Months Ended		0 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Jul. 26, 2013 Tyler Lease and Access Agreement [Member]	Feb. 10, 2014 El Dorado Lease and Access Agreement [Member]
Related Party Transaction [Line Items]
Operating Leases, Rent Expense	$ 0.2	$ 0.2	$ 0.4	$ 0.4
Operating Lease Term (years)					50 years	50 years

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Acquisitions Tyler and El Dorado Financial Results (parenthetical) (Details)	Jun. 30, 2014	Dec. 31, 2013
General partner - Delek, units issued	493,533	492,893
General partner - Delek, units outstanding	493,533	492,893
Common unitholders - public
Common unitholders, units issued	9,384,589	9,353,240
Common unitholders, units outstanding	9,384,589	9,353,240
Common unitholders - Delek
Common unitholders, units issued	2,799,258	2,799,258
Common unitholders, units outstanding	2,799,258	2,799,258
Subordinated unitholders - Delek
Common unitholders, units issued	11,999,258	11,999,258
Common unitholders, units outstanding	11,999,258	11,999,258

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Net Income Per Unit (Policies)

6 Months Ended

Jun. 30, 2014

Net Income Per Unit [Abstract]

Earnings Per Share, Policy [Policy Text Block]

We use the two-class method when calculating the net income per unit applicable to limited partners because we have more than one participating class of securities. Our participating securities consist of common units, subordinated units, general partner units and incentive distribution rights. The two-class method is based on the weighted-average number of common units outstanding during the period. Basic net income per unit applicable to limited partners (including subordinated unitholders) is computed by dividing limited partners’ interest in net income, after deducting our general partner’s 2% interest and incentive distribution rights, if any, by the weighted-average number of outstanding common and subordinated units. Our net income is allocated to our general partner and limited partners in accordance with their respective partnership percentages after giving effect to priority income allocations for incentive distribution rights, if any, to our general partner, which is the holder of the incentive distribution rights pursuant to our partnership agreement, which are declared and paid following the close of each quarter.

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Acquisitions North Little Rock Acquisition (Details) (North Little Rock Terminal [Member], USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Oct. 24, 2013
North Little Rock Terminal [Member]
Business Acquisition [Line Items]
Property, Plant, and Equipment					$ 4,990
Intangible Assets					10
Total Recognized Identifiable Assets Acquired and Liabilities Assumed, Net					5,000
Revenue since Acquisition Date	400		700
Net Income since Acquisition Date	200		400
Pro Forma Net Sales		230,501		441,755
Pro Forma Net Income		$ 6,780		$ 14,260

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Fair Value Measurements (Policies)

6 Months Ended

Jun. 30, 2014

Fair Value Measurements [Abstract]

Fair Value of Financial Instruments, Policy [Policy Text Block]

ASC 820 requires disclosures that categorize assets and liabilities measured at fair value into one of three different levels depending on the observability of the inputs employed in the measurement. Level 1 inputs are quoted prices in active markets for identical assets or liabilities. Level 2 inputs are observable inputs other than quoted prices included within Level 1 for the asset or liability, either directly or indirectly through market-corroborated inputs. Level 3 inputs are unobservable inputs for the asset or liability reflecting our assumptions about pricing by market participants.

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Acquisitions (Notes)

6 Months Ended

Jun. 30, 2014

Acquisitions [Abstract]

Acquisitions

Acquisitions

El Dorado Acquisition

On February 10, 2014, the Partnership completed the El Dorado Acquisition and acquired the El Dorado Terminal and Tank Assets. The purchase price paid for the assets acquired was approximately $95.9 million in cash. The assets acquired consisted of the following:

• The El Dorado Terminal. The refined products terminal located at the El Dorado Refinery, which consisted of a truck loading rack with three loading bays supplied by pipeline from storage tanks located at the El Dorado Refinery along with certain ancillary assets. Total throughput capacity for the El Dorado Terminal is approximately 26,700 barrels per day ("bpd").

• The El Dorado Storage Tanks. A total of 158 storage tanks and certain ancillary assets (such as pumps and piping) located at and adjacent to the El Dorado Refinery with an aggregate shell capacity of approximately 2.5 million barrels.

Delek retained any current assets and current liabilities related to the El Dorado Terminal and Tank Assets as of the date of the El Dorado Acquisition. The only historical balance sheet items that transferred to the Partnership in the El Dorado Acquisition were property, plant and equipment assets, tank inspection liabilities and asset retirement obligations, which were recorded by us at historical cost.

In connection with the El Dorado Acquisition, the Partnership and Delek entered into (i) an asset purchase agreement, (ii) the Second Omnibus Amendment (as defined in Note 13), (iii) a throughput and tankage agreement with respect to the El Dorado Terminal and Tank Assets, (iv) a lease and access agreement, and (v) a site services agreement. See Note 13 for additional information regarding these agreements.

Tyler Acquisition

On July 26, 2013, the Partnership completed the Tyler Acquisition and acquired the Tyler Terminal and Tank Assets. The purchase price paid for the assets acquired was $94.8 million in cash. The assets acquired consisted of the following:

• The Tyler Terminal. The refined products terminal located at the Tyler Refinery, which consisted of a truck loading rack with nine loading bays supplied by pipelines from storage tanks located adjacent to the Tyler Refinery, along with certain ancillary assets. Total throughput capacity for the Tyler Terminal is approximately 72,000 bpd.

• The Tyler Tank Assets. Ninety-six storage tanks and certain ancillary assets (such as pumps and piping) located adjacent to the Tyler Refinery with an aggregate shell capacity of approximately 2.0 million barrels.

Delek retained any current assets, current liabilities and environmental liabilities related to the Tyler Terminal and Tank Assets as of the date of the Tyler Acquisition. The only historical balance sheet items that transferred to the Partnership in the Acquisition were property, plant and equipment assets and asset retirement obligations which were recorded by us at historical cost.

In connection with the Tyler Acquisition, the Partnership and Delek entered into (i) an asset purchase agreement, (ii) the First Omnibus Amendment (as defined in Note 13), (iii) a throughput and tankage agreement with respect to the Tyler Terminal and Tank Assets, (iv) a lease and access agreement, and (v) a site services agreement. See Note 13 for additional information regarding these agreements.

El Dorado Terminal and Tank Assets and Tyler Terminal and Tank Assets Financial Results

The acquisitions of the El Dorado Terminal and Tank Assets and the Tyler Terminal and Tank Assets were considered transfers of businesses between entities under common control. Accordingly, the El Dorado Acquisition and the Tyler Acquisition were recorded at amounts based on Delek's historical carrying value as of each respective acquisition date, which were $25.2 million as of February 10, 2014 and $38.3 million as of July 26, 2013, respectively. Our historical financial statements have been retrospectively adjusted to reflect the results of operations, financial position, cash flows and equity attributable to the El Dorado Terminal and Tank Assets and the Tyler Terminal and Tank Assets as if we owned the assets for all periods presented. The results of the El Dorado Terminal and the Tyler Terminal and the El Dorado Storage Tanks and the Tyler Tank Assets are included in the wholesale marketing and terminalling segment and the pipelines and transportation segment, respectively.

The following amounts associated with the El Dorado Terminal and Tanks Assets and the Tyler Terminal and Tank Assets, subsequent to each respective acquisition date, are included in the condensed consolidated statements of operations of the Partnership (in thousands):

	Three Months Ended		Six Months Ended
	June 30, 2014		June 30, 2014
Tyler Terminal and Tank Assets:
Total operating revenues	$	4,501	$	9,002
Net income attributable to the Partnership	2,375		5,284
El Dorado Terminal and Tank Assets:
Total operating revenues	4,398		6,855
Net income attributable to the Partnership	2,726		3,941
Costs associated with the acquisition	$	—	$	186

The results of the El Dorado Terminal and Tank Assets' operations prior to the completion of the El Dorado Acquisition on February 10, 2014 have been included in the El Dorado Predecessor results in the tables below. The results of the Tyler Terminal and Tank Assets' operations prior to the completion of the Tyler Acquisition on July 26, 2013 have been included in the Tyler Predecessor results in the tables below. The results of the El Dorado Terminal and Tank Assets subsequent to February 10, 2014, and the results of the Tyler Terminal and Tank Assets subsequent to July 26, 2013 have been included in the Partnership's results.

The tables on the following page present our results of operations, the effect of including the results of the El Dorado Terminal and Tank Assets and the Tyler Terminal and Tank Assets and the adjusted total amounts included in our condensed consolidated financial statements.

Condensed Combined Balance Sheet as of December 31, 2013

	Delek Logistics			El Dorado Terminal and Tank Assets
	Partners, LP			(El Dorado Predecessor)			December 31, 2013
				(In thousands)
ASSETS
Current Assets:
Cash and cash equivalents	$	924		$	—		$	924
Accounts receivable	28,976			—			28,976
Inventory	17,512			—			17,512
Deferred tax assets	12			—			12
Other current assets	341			—			341
Total current assets	47,765			—			47,765
Property, plant and equipment:
Property, plant and equipment	235,588			29,800			265,388
Less: accumulated depreciation	(36,306		)	(3,260		)	(39,566		)
Property, plant and equipment, net	199,282			26,540			225,822
Goodwill	10,454			—			10,454
Intangible assets, net	12,258			—			12,258
Other non-current assets	5,045			—			5,045
Total assets	$	274,804		$	26,540		$	301,344
LIABILITIES AND EQUITY
Current liabilities:
Accounts payable	$	26,045		$	—		$	26,045
Accounts payable to related parties	1,513			—			1,513
Fuel and other taxes payable	5,700			—			5,700
Accrued expenses and other current liabilities	5,776			675			6,451
Total current liabilities	39,034			675			39,709
Non-current liabilities:
Revolving credit facility	164,800			—			164,800
Asset retirement obligations	2,993			94			3,087
Deferred tax liabilities	324			—			324
Other non-current liabilities	5,612			610			6,222
Total non-current liabilities	173,729			704			174,433
Equity:
Predecessors division equity	—			25,161			25,161
Common unitholders - public (9,353,240 units issued and outstanding)	183,839			—			183,839
Common unitholders - Delek (2,799,258 units issued and outstanding)	(176,680		)	—			(176,680		)
Subordinated unitholders - Delek (11,999,258 units issued and outstanding)	59,386			—			59,386
General Partner unitholders - Delek (492,893 units issued and outstanding)	(4,504		)	—			(4,504		)
Total equity	62,041			25,161			87,202
Total liabilities and equity	$	274,804		$	26,540		$	301,344

Condensed Combined Statements of Operations

			El Dorado Terminal and Tank Assets
	Delek Logistics Partners, LP		(El Dorado Predecessor)			Six Months Ended June 30, 2014
Net sales	$	439,870	$	—		$	439,870
Operating costs and expenses:
Cost of goods sold	368,783		—			368,783
Operating expenses	18,080		783			18,863
General and administrative expenses	4,859		46			4,905
Depreciation and amortization	6,895		114			7,009
Loss on asset disposal	74		—			74
Total operating costs and expenses	398,691		943			399,634
Operating income (loss)	41,179		(943		)	40,236
Interest expense, net	4,325		—			4,325
Net income (loss) before income tax expense	36,854		(943		)	35,911
Income tax expense	428		—			428
Net income (loss)	36,426		(943		)	35,483
Less: Loss attributable to Predecessors	—		(943		)	(943		)
Net income attributable to partners	$	36,426	$	—		$	36,426

			Tyler Terminal and Tank Assets			El Dorado Terminal and Tank Assets
	Delek Logistics Partners, LP		(Tyler Predecessor)			(El Dorado Predecessor)			Three Months Ended June 30, 2013
			(In thousands)
Net Sales	$	230,142	$	—		$	—		$	230,142
Operating costs and expenses:
Cost of goods sold	207,966		—			—			207,966
Operating expenses	6,067		2,022			1,839			9,928
General and administrative expenses	1,111		223			187			1,521
Depreciation and amortization	2,372		614			298			3,284
Total operating costs and expenses	217,516		2,859			2,324			222,699
Operating income (loss)	12,626		(2,859		)	(2,324		)	7,443
Interest expense, net	752		—			—			752
Net income (loss) before income tax expense	11,874		(2,859		)	(2,324		)	6,691
Income tax expense	118		—			—			118
Net income (loss)	11,756		(2,859		)	(2,324		)	6,573
Less: Loss attributable to Predecessors	—		(2,859		)	(2,324		)	(5,183		)
Net income attributable to partners	$	11,756	$	—		$	—		$	11,756

			Tyler Terminal and Tank Assets			El Dorado Terminal and Tank Assets
	Delek Logistics Partners, LP		(Tyler Predecessor)			(El Dorado Predecessor)			Six Months Ended June 30, 2013
			(In thousands)
Net Sales	$	441,036	$	—		$	—		$	441,036
Operating costs and expenses:
Cost of goods sold	395,826		—			—			395,826
Operating expenses	11,929		3,672			3,408			19,009
General and administrative expenses	2,788		516			419			3,723
Depreciation and amortization	4,724		1,506			595			6,825
Total operating costs and expenses	415,267		5,694			4,422			425,383
Operating income (loss)	25,769		(5,694		)	(4,422		)	15,653
Interest expense, net	1,569		—			—			1,569
Net income (loss) before income tax expense	24,200		(5,694		)	(4,422		)	14,084
Income tax expense	240		—			—			240
Net income (loss)	23,960		(5,694		)	(4,422		)	13,844
Less: Loss attributable to Predecessors	—		(5,694		)	(4,422		)	(10,116		)
Net income attributable to partners	$	23,960	$	—		$	—		$	23,960

North Little Rock Acquisition

On October 24, 2013, we purchased a refined products terminal in Little Rock, Arkansas from Enterprise Refined Products Company, LLC (the "North Little Rock Terminal"). We acquired the North Little Rock Terminal to diversify our product mix.

During the second quarter of 2014, we finalized our purchase price allocation and adjusted certain of the acquisition-date fair values previously disclosed. The final allocation of the aggregate purchase price of the North Little Rock Terminal as of June 30, 2014 is summarized as follows (in thousands):

Property, plant and equipment	$	4,990
Intangible assets	10
Total	$	5,000

Pro Forma Financial Information - North Little Rock Acquisition

We began consolidating the results of operations of the North Little Rock Terminal on October 24, 2013. The North Little Rock Terminal contributed $0.4 million and $0.7 million to net sales for the three and six months ended June 30, 2014, respectively, and $0.2 million and $0.4 million to net income for the three and six months ended June 30, 2014, respectively. Below are the unaudited pro forma consolidated results of operations for the three and six months ended June 30, 2013, as if these acquisitions had occurred on January 1, 2013 (in thousands):

	Three Months Ended		Six Months Ended
	June 30, 2013		June 30, 2013
Net sales	$	230,501	$	441,755
Net income	$	6,780	$	14,260

Hopewell Acquisition

On July 19, 2013, the Partnership purchased a 13.5-mile pipeline and certain ancillary assets (the "Hopewell Pipeline"), including a related delivery station (the "Hopewell Station") and pumps. The Hopewell Pipeline originates at the Tyler Refinery and terminates at the Hopewell Station, where it effectively connects to the Partnership's 19-mile pipeline (the "Big Sandy Pipeline") that originates at the Hopewell Station and terminates at our light petroleum products terminal located in Big Sandy, Texas. The Hopewell Pipeline and the Big Sandy Pipeline form essentially one pipeline link between the Tyler Refinery and the Big Sandy Terminal (the "Tyler-Big Sandy Pipeline").

During the second quarter of 2014, we finalized our purchase price allocation and adjusted certain of the acquisition-date fair values previously disclosed. The final allocation of the aggregate purchase price of the Hopewell Pipeline as of June 30, 2014 is summarized as follows (in thousands):

Property, plant and equipment	$	3,538
Intangible assets	984
Goodwill	1,200
Total	$	5,722

Amended and Restated Services Agreement (Big Sandy Terminal and Pipeline)

In connection with the acquisition of the Hopewell Pipeline, on July 25, 2013, the Partnership and Delek entered into the Amended and Restated Services Agreement (Big Sandy Terminal and Pipeline), which amended and restated the Terminalling Services Agreement dated November 7, 2012 for the Big Sandy Terminal to include, among other things, a minimum throughput commitment and a per barrel throughput fee that Delek will pay us for throughput along the Tyler-Big Sandy Pipeline.

Pro Forma Financial Information - Hopewell Acquisition

We began consolidating the results of operations of the Hopewell Pipeline on July 19, 2013. Although the Tyler-Big Sandy Pipeline, of which the Hopewell Pipeline is an integral part, was not operational prior to November 2013 due to required maintenance to return it to service, Delek paid to us pipeline fees for the Tyler-Big Sandy Pipeline beginning in July 2013 and through the year ended December 31, 2013. The maintenance required to return the Hopewell Pipeline to service and thereby connect it to the Big Sandy Pipeline was completed in the fourth quarter of 2013. The Tyler-Big Sandy Pipeline contributed $0.4 million and $0.8 million to net sales for the three and six months ended June 30, 2014, respectively, and $0.3 million and $0.6 million to net income for the three and six months ended June 30, 2014, respectively.

Below are the unaudited pro forma consolidated results of operations for the three and six months ended June 30, 2013, as if the acquisition had occurred on January 1, 2013 (in thousands):

	Three Months Ended		Six Months Ended
	June 30, 2013		June 30, 2013
Net sales	$	230,142	$	441,036
Net income	$	6,480	$	13,588

XML

Condensed Consolidated Balance Sheets (Parenthetical)	Jun. 30, 2014	Dec. 31, 2013
General partner - Delek, units issued	493,533	492,893
General partner - Delek, units outstanding	493,533	492,893
Common unitholders - public
Common unitholders, units issued	9,384,589	9,353,240
Common unitholders, units outstanding	9,384,589	9,353,240
Common unitholders - Delek
Common unitholders, units issued	2,799,258	2,799,258
Common unitholders, units outstanding	2,799,258	2,799,258
Subordinated unitholders - Delek
Common unitholders, units issued	11,999,258	11,999,258
Common unitholders, units outstanding	11,999,258	11,999,258

XML

Commitments and Contingencies (Notes)

6 Months Ended

Jun. 30, 2014

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

Commitments and Contingencies

Litigation

In the ordinary conduct of our business, we are from time to time subject to lawsuits, investigations and claims, including environmental claims and employee-related matters. Although we cannot predict with certainty the ultimate resolution of lawsuits, investigations and claims asserted against us, including civil penalties or other enforcement actions, we do not believe that any currently pending legal proceeding or proceedings to which we are a party will have a material adverse effect on our business, financial condition or results of operations.

Rate Regulation of Petroleum Pipelines

The rates and terms and conditions of service on certain of our pipelines are subject to regulation by the Federal Energy Regulatory Commission (“FERC”) under the Interstate Commerce Act (“ICA”) and by the state regulatory commissions in the states in which we transport crude oil and refined products, including the Railroad Commission of Texas, the Louisiana Public Service Commission, and the Arkansas Public Service Commission. Certain of our pipeline systems are subject to such regulation and have filed tariffs with the appropriate entities. We also comply with the reporting requirements for these pipelines. Other of our pipelines have received a waiver from the application of FERC's tariff requirements but comply with other applicable regulatory requirements.

FERC regulates interstate transportation under the ICA, the Energy Policy Act of 1992 and the rules and regulations promulgated under those laws. The ICA and its implementing regulations require that tariff rates for interstate service on oil pipelines, including pipelines that transport crude oil and refined products in interstate commerce (collectively referred to as “petroleum pipelines”), be just and reasonable and non-discriminatory and that such rates and terms and conditions of service be filed with FERC. Under the ICA, shippers may challenge new or existing rates or services. FERC is authorized to suspend the effectiveness of a challenged rate for up to seven months, though rates are typically not suspended for the maximum allowable period. Tariff rates are typically contractually subject to increase or decrease on July 1 of each year, beginning on July 1, 2013, by the amount of any change in FERC oil pipeline index or, in the case of the east Texas marketing agreement and the Tyler Throughput and Tankage Agreement, to other inflation-based indexes; provided, however, that in no event will the fees be adjusted below the amount initially set forth in the applicable agreement.

While FERC regulates rates for shipments of crude oil or refined products in interstate commerce, state agencies may regulate rates and service for shipments in intrastate commerce. We own pipeline assets in Texas, Arkansas, and Louisiana.

Environmental Health and Safety

We are subject to various federal, state and local environmental and safety laws enforced by agencies including the U.S. Environmental Protection Agency (the "EPA"), the U.S. Department of Transportation ("DOT") / Pipeline and Hazardous Materials Safety Administration, the U.S. Department of Labor / Occupational Safety and Health Administration, the Texas Commission on Environmental Quality, the Texas Railroad Commission, the Arkansas Department of Environmental Quality (the "ADEQ"), the Louisiana Oil Spill Coordinating Office, the Louisiana Department of Environmental Quality, the Louisiana Department of Wildlife and Fisheries and the Tennessee Department of Environment and Conservation as well as other state and federal agencies. Numerous permits or other authorizations are required under these laws for the operation of our terminals, pipelines, and related operations, and may be subject to revocation, modification and renewal.

These laws and permits raise potential exposure to future claims and lawsuits involving environmental and safety matters which could include soil and water contamination, air pollution, personal injury and property damage allegedly caused by substances which we manufactured, handled, used, released or disposed of, or that relate to pre-existing conditions for which we have assumed responsibility. We believe that our current operations are in substantial compliance with existing environmental and safety requirements. However, there have been and will continue to be ongoing discussions about environmental and safety matters between us and federal and state authorities, including notices of violations, citations and other enforcement actions, some of which have resulted or may result in changes to operating procedures and in capital expenditures. While it is often difficult to quantify future environmental or safety related expenditures, we anticipate that continuing capital investments and changes in operating procedures will be required for the foreseeable future to comply with existing and new requirements as well as evolving interpretations and more strict enforcement of existing laws and regulations.

Crude Oil Releases

We have detected several crude oil releases, including a release at our Magnolia Station in March 2013, a release near Macedonia, Arkansas in October 2013 and a release in Haynesville, Louisiana in April 2014. We incurred costs of $0.3 million during the six months ended June 30, 2013 related to the release at Magnolia Station. We also incurred costs of $0.3 million in the fourth quarter 2013 related to the release near Macedonia and $1.0 million during the three and six months ended June 30, 2014 related to the release in Haynesville. As of June 30, 2014, we have accrued $1.5 million and $2.5 million for additional remediation expenses expected to be incurred for the Macedonia and Haynesville spills, respectively. However, we do not believe the total costs associated with these events, whether alone or in the aggregate, including any fines or penalties and net of partial insurance reimbursement, will have a material adverse effect upon our business, financial condition or results of operations as Delek is required, pursuant to the terms of the Omnibus Agreement (as defined in Note 13), to pay to us any costs in excess of $0.3 million with respect to the releases at our Magnolia Station and near Macedonia, Arkansas and costs in excess of $1.0 million with respect to the release near Haynesville.

Contracts and Agreements

The majority of the petroleum products we sell in west Texas are purchased from Noble Petro, Inc. ("Noble Petro"). Under the terms of a supply contract (the "Abilene Contract") with Noble Petro, we have the right to purchase up to 20,350 bpd of petroleum products at the Abilene, Texas terminal, which we own, for sales at the Abilene and San Angelo terminals and to exchange barrels with third parties. We lease the Abilene and San Angelo, Texas terminals to Noble Petro, under a separate Terminal and Pipeline Lease and Operating Agreement, with a term that runs concurrent with that of the Abilene Contract. The Abilene Contract expires on December 31, 2017 and does not include any options for renewal. We also purchase spot barrels from various third parties and from Delek for sale to wholesale customers in west Texas.

Letters of Credit

As of June 30, 2014, we had in place letters of credit totaling approximately $13.5 million under the Amended and Restated Credit Agreement primarily securing obligations with respect to gasoline and diesel purchases. No amounts were drawn under these letters of credit at June 30, 2014.

Operating Leases

We lease certain equipment and have surface leases under various operating lease arrangements, most of which provide the option to renew after the initial lease term. None of these lease arrangements include fixed rental rate increases. Lease expense for all operating leases totaled $0.2 million and $0.4 million for the three and six months ended June 30, 2014, respectively, and $0.2 million and $0.4 million for the three and six months ended June 30, 2013, respectively.

In connection with the Tyler Acquisition, we and Delek entered into a lease and access agreement with respect to the real property on which the Tyler Terminal and Tank Assets are located. Under this agreement, we lease such real property from Delek for a nominal amount paid annually, with an initial term of 50 years with automatic renewal for a maximum of four successive 10-year periods thereafter.

In connection with the El Dorado Acquisition, we and Delek entered into a lease and access agreement with respect to the real property on which the El Dorado Terminal and Tank Assets are located. Under this agreement, we lease such real property from Delek for a nominal amount paid annually, with an initial term of 50 years with automatic renewal for a maximum of four successive 10-year periods thereafter.

We have a ground lease agreement with Lion Oil for approximately seven acres of land on Lion Oil's refinery site, on which an above-ground storage tank and related facilities are located. The tank and related facilities are used for the storage and throughput of crude oil or other hydrocarbon substances or any resulting refined products. The fees paid to Lion Oil were nominal for the three and six months ended June 30, 2014. The term of this agreement is co-terminous with the El Dorado lease and access agreement discussed above.

XML

Document and Entity Information Document	6 Months Ended
	Jun. 30, 2014	Aug. 01, 2014 Common	Aug. 01, 2014 Subordinated	Aug. 01, 2014 General Partner
Entity Information [Line Items]
Entity Registrant Name	Delek Logistics Partners, LP
Entity Central Index Key	0001552797
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Document Type	10-Q
Document Period End Date	Jun. 30, 2014
Document Fiscal Year Focus	2014
Document Fiscal Period Focus	Q2
Amendment Flag	false
Entity Partnership Units Outstanding		12,183,847	11,999,258	493,533
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes

XML

Related Party Transactions (Notes)

6 Months Ended

Jun. 30, 2014

Related Party Transactions [Abstract]

Related Party Transactions

Related Party Transactions

Commercial Agreements

The Partnership has various long-term, fee-based commercial agreements with Delek under which we provide crude oil gathering, crude oil and intermediate and refined products transportation and storage services and marketing and terminalling services to Delek. Each of these agreements include minimum quarterly volume or throughput commitments and have tariffs or fees indexed to inflation, provided that the tariffs or fees will not be decreased below the initial amount. Fees under each agreement are payable to us monthly by Delek or certain third parties to whom Delek has assigned certain of its rights. In most circumstances, if Delek or the applicable third party assignee fails to meet or exceed the minimum volume or throughput commitment during any calendar quarter, Delek, and not any third party assignee, will be required to make a quarterly shortfall payment to us equal to the volume of the shortfall multiplied by the applicable fee.

The tariffs, throughput fees and the storage fees under our agreements with Delek are subject to increase or decrease on July 1 of each year, by the amount of any change in the FERC oil pipeline index or, in the case of the east Texas marketing agreement, to the consumer price index and, in the case of the El Dorado and Tyler Terminal and Tank Assets, to other inflation-based indexes; provided, however, that in no event will the fees be adjusted below the amount initially set forth in the applicable agreement.

We believe the terms and conditions under these agreements, as well as our other agreements with Delek described below, are generally no less favorable to either party than those that could have been negotiated with unaffiliated parties with respect to similar services. See our Annual Report on Form 10-K for a description of certain of our commercial agreements and other agreements with Delek. During the six months ended June 30, 2014, we entered into the following commercial agreements with Delek:

Asset/Operation	Initiation Date	Initial/Maximum Term (years) (1)	Service	Minimum Throughput Commitment (bpd)	Fee
El Dorado Throughput and Tankage:
Refined Products Throughput	February 2014	8 / 16	Dedicated Terminalling and storage	11,000	$0.50/bbl (2)
Storage	February 2014			N/A	$1,299,000/month (2)
El Dorado Lease and Access	February 2014	50	Real property lease	N/A	$100 annually (3)
El Dorado Site Services	February 2014	8 / 16	Shared services	N/A	$200,000 annually (3)

⁽¹⁾  Maximum term gives effect to the extension of the commercial agreement pursuant to the terms thereof.

⁽²⁾  Fees payable to the Partnership by Delek.

⁽³⁾  Fees payable to Delek by the Partnership.

El Dorado Throughput and Tankage Agreement. On February 10, 2014, in connection with the El Dorado Acquisition, Lion Oil, OpCo and, for limited purposes, J. Aron & Company ("J. Aron"), entered into the El Dorado Throughput and Tankage Agreement. Under the El Dorado Throughput and Tankage Agreement, OpCo will provide Lion Oil with throughput and storage services in return for payment of certain throughput and storage fees. The initial term of the El Dorado Throughput and Tankage Agreement is eight years and Lion Oil, at its sole option, may extend the term for two renewal terms of four years each. Effective February 10, 2014, Lion Oil assigned to J. Aron its rights to use and transport materials through the El Dorado Terminal and Tank Assets until the expiration of Lion Oil’s amended and restated supply and offtake agreement with J. Aron. Despite the assignment, Lion Oil still retains certain rights and obligations under the El Dorado Throughput and Tankage Agreement.

El Dorado Lease and Access Agreement. In connection with the El Dorado Acquisition, Lion Oil and OpCo entered into the El Dorado Lease and Access Agreement (the "El Dorado Lease"). Under the El Dorado Lease, OpCo leases from Lion Oil the real property on which the El Dorado Terminal and Tank Assets are located. The El Dorado Lease has an initial term of 50 years with automatic renewal for a maximum of four successive 10-year periods thereafter.

El Dorado Site Services Agreement. In connection with the El Dorado Acquisition, Lion Oil and OpCo also entered into the El Dorado Site Services Agreement. Under the El Dorado Site Services Agreement, Lion Oil provides OpCo with shared use of certain services, materials and facilities that are necessary to operate and maintain the El Dorado Terminal and Tank Assets as currently operated and maintained. The term of the El Dorado Site Services Agreement is co-terminous with the El Dorado Lease discussed above.

Omnibus Agreement

The Partnership entered into an Omnibus Agreement with Delek, our general partner, OpCo, Lion Oil and certain of the Partnership’s and Delek’s other subsidiaries upon the completion of the Offering. In this Periodic Report on Form 10-Q, the Partnership refers to this Omnibus Agreement as the “Omnibus Agreement.” On July 26, 2013, in connection with the Tyler Acquisition, the Partnership and the other parties entered into an amendment and restatement of the Omnibus Agreement (the “First Omnibus Amendment”). On February 10, 2014, in connection with the El Dorado Acquisition, the Partnership and the other parties entered into a second amendment and restatement of the Omnibus Agreement (the “Second Omnibus Amendment”). The Second Omnibus Amendment includes, among other things, the following: (i) certain modifications in the reimbursement by Delek and certain of its subsidiaries under the Omnibus Agreement for certain operating expenses and capital expenditures incurred by the Partnership or its subsidiaries, (ii) certain modifications of the indemnification provisions under the Omnibus Agreement in favor of the Partnership with respect to certain environmental matters, and (iii) the increase of the annual administrative fee payable by us to Delek under the Omnibus Agreement for general corporate and administrative services.

The annual administrative fee payable by the Partnership to Delek for general corporate and administrative services that Delek and its affiliates provide under the Second Omnibus Amendment increased from $3.0 million to $3.3 million, which is prorated and payable monthly.

Under the Second Omnibus Amendment, Delek has agreed to reimburse us for (i) certain expenses that we incur for inspections, maintenance and repairs to any storage tanks we acquired in the El Dorado Acquisition to cause such storage tanks to comply with applicable regulatory and/or industry standards, (ii) certain expenses that we incur for inspections, maintenance and repairs to most of the storage tanks contributed to us by Delek (subject to a deductible of $0.5 million per year) that are necessary to comply with the DOT pipeline integrity rules and certain American Petroleum Institute storage tank standards for a period of five years, and (iii) certain non-discretionary maintenance capital expenditures with respect to certain of our assets in excess of certain amounts, as disclosed in the full agreement filed as Exhibit 10.2 to our Current Report on Form 8-K filed with the SEC on February 14, 2014.

Predecessors' Transactions

Related-party transactions of the Predecessors were settled through division equity. Revenues from affiliates consist of revenues from gathering, pipeline transportation, storage, wholesale marketing and products terminalling services to Delek and its affiliates based on regulated tariff rates or contractually based fees.

Costs related specifically to us have been identified and included in the accompanying consolidated statements of income and comprehensive income. Prior to the Offering and the Tyler and El Dorado Acquisitions, we were not allocating certain corporate costs. These costs were primarily allocated based on a percentage of salaries expense and property, plant and equipment costs. In the opinion of management, the methods for allocating these costs are reasonable. It is not practicable to estimate the costs that would have been incurred by us if we had been operated on a stand-alone basis.

Summary of Transactions

A summary of revenue and expense transactions with Delek, including expenses directly charged and allocated to our Predecessors, are as follows (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2014		2013		2014		2013
Revenues	$	28,893	$	17,206	$	54,175	$	34,720
Operating and maintenance expenses (1)	5,161		3,598		10,553		7,347
General and administrative expenses (2)	1,182		1,086		2,464		2,286

⁽¹⁾  Operating and maintenance expenses include costs allocated to the Tyler Predecessor and the El Dorado Predecessor for operating support provided to the Tyler Predecessor by Delek Refining and to the El Dorado Predecessor by Lion Oil, including certain labor related costs, property and liability insurance costs and certain other operating expenses. The costs that were allocated to us by Delek Refining were $0.7 million and $1.4 million for the three and six months ended June 30, 2013, respectively. The costs that were allocated to us by Lion Oil were $0.4 million for the six months ended June 30, 2014 and $0.3 million and $0.6 million for the three and six months ended June 30, 2013, respectively.

⁽²⁾  General and administrative expenses include costs allocated to the Tyler Predecessor and El Dorado Predecessor for general and administrative support provided to the Tyler Predecessor by Delek Refining and to the El Dorado Predecessor by Lion Oil, including services such as corporate management, risk management, accounting and human resources. The costs that were allocated to us by Delek Refining were $0.2 million and $0.5 million for the three and six months ended June 30, 2013, respectively. The costs that were allocated to us by Lion Oil were $0.1 million for the six months ended June 30, 2014 and $0.2 million and $0.4 million for the three and six months ended June 30, 2013, respectively.

In accordance with our partnership agreement, our common, subordinated and general partner interests are entitled to receive quarterly distributions of available cash. In February and May 2014, we paid quarterly cash distributions, of which $6.3 million and $6.5 million, respectively, was paid to Delek and our general partner. On July 28, 2014, our general partner's board of directors declared a quarterly cash distribution of $0.475 per unit, based on the available cash as of the second quarter of 2014, payable on August 14, 2014, to unitholders of record on August 7, 2014. The distribution will consist of $7.5 million to both Delek and our general partner, including incentive distribution rights.

XML

Condensed Consolidated Statements of Income and Comprehensive Income (Unaudited) (USD $) In Thousands, except Share data, unless otherwise specified	3 Months Ended			6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013		Jun. 30, 2014		Jun. 30, 2013
Revenues [Abstract]
Net sales	$ 236,343	$ 230,142	[1]	$ 439,870		$ 441,036	[1]
Operating costs and expenses:
Cost of goods sold	196,574	207,966	[1]	368,783		395,826	[1]
Operating expenses	9,544	9,928	[1]	18,863		19,009	[1]
General and administrative expenses	2,242	1,521	[1]	4,905		3,723	[1]
Depreciation and amortization	3,532	3,284	[1]	7,009		6,825	[1],[2]
Loss on asset disposals	74	0	[1]	74		0	[1],[2]
Total operating costs and expenses	211,966	222,699	[1]	399,634		425,383	[1]
Operating income	24,377	7,443	[1]	40,236		15,653	[1]
Interest expense, net	2,342	752	[1]	4,325		1,569	[1]
Net income before income tax expense	22,035	6,691	[1]	35,911		14,084	[1]
Income tax expense	281	118	[1]	428		240	[1]
Net income	21,754	6,573	[1]	35,483		13,844	[1],[2]
Less: Loss attributable to Predecessors	0	(5,183)	[1]	(943)		(10,116)	[1]
Net income attributable to partners	21,754	11,756	[1]	36,426		23,960	[1]
Comprehensive income attributable to partners	21,754	11,756	[1]	36,426	[1]	23,960	[1]
Less: General partner's interest in net income, including incentive distribution rights	(620)	(234)	[1]	(914)		(478)	[1]
Limited partners' interest in net income	$ 21,134	$ 11,522	[1]	$ 35,512		$ 23,482	[1]
Net income per limited partner unit:
Common units - (basic)	$ 0.88	$ 0.48		$ 1.47		$ 0.98
Common units - (diluted)	$ 0.87	$ 0.47		$ 1.46		$ 0.97
Weighted average limited partner units outstanding:
Common units - (basic)	12,159,732	12,006,843		12,156,135		12,003,071
Common units - (diluted)	12,291,273	12,159,084		12,281,598		12,128,764
Subordinated units - Delek (basic and diluted)	11,999,258	11,999,258		11,999,258		11,999,258
Cash distributions per unit	$ 0.475	$ 0.395	[1]	$ 0.900		$ 0.780	[1]
Common Units [Member]
Net income per limited partner unit:
Common units - (basic)	$ 0.88	$ 0.48	[1]	$ 1.47		$ 0.98	[1]
Common units - (diluted)	$ 0.87	$ 0.47	[1]	$ 1.46		$ 0.97	[1]
Weighted average limited partner units outstanding:
Common units - (basic)	12,159,732	12,006,843	[1]	12,156,135		12,003,071	[1]
Common units - (diluted)	12,291,273	12,159,084	[1]	12,281,598		12,128,764	[1]
Subordinated unitholders - Delek
Net income per limited partner unit:
Subordinated units - Delek (basic and diluted)	$ 0.87	$ 0.48	[1]	$ 1.47		$ 0.98	[1]
Weighted average limited partner units outstanding:
Subordinated units - Delek (basic and diluted)	11,999,258	11,999,258	[1]	11,999,258		11,999,258	[1]

[1] Adjusted to include the historical results of the El Dorado Terminal and Tank Assets and the Tyler Terminal and Tank Assets. See Notes 1 and 2 for further discussion.

[2] Adjusted to include the historical cash flows of the El Dorado Terminal and Tank Assets and the Tyler Terminal and Tank Assets. See Notes 1 and 2 for further discussion.

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Equity (Notes)

6 Months Ended

Jun. 30, 2014

Equity [Abstract]

Equity

Equity

We had 9,384,589 common limited partner units held by the public outstanding as of June 30, 2014. Additionally, as of June 30, 2014, Delek owned a 60.0% limited partner interest in us, consisting of 2,799,258 common limited partner units and 11,999,258 subordinated limited partner units as well as a 96.1% interest in our general partner, which owns the entire 2.0% general partner interest consisting of 493,533 general partner units. In accordance with our partnership agreement, Delek's subordinated units may convert to common units once specified distribution targets and other requirements have been met.

Equity Activity

The summarized changes in the carrying amount of our equity are as follows:

	Equity of Predecessors			Common - Public			Common - Delek			Subordinated			General Partner			Total
Balance at December 31, 2013	$	25,161		$	183,839		$	(176,680	)	$	59,386		$	(4,504	)	$	87,202
Sponsor contributions of equity to the El Dorado Predecessor	1,006			—			—			—			—			1,006
Loss attributable to the El Dorado Predecessor	(943		)	—			—			—			—			(943		)
Allocation of net assets acquired by the unitholders	(25,224		)	—			24,720			—			504			—
Cash distributions (1)	—			(7,856		)	(96,334		)	(10,080		)	(2,332		)	(116,602		)
Sponsorship contribution of fixed assets	—			—			692			—			14			706
Net income attributable to partners	—			13,841			4,135			17,722			728			36,426
Unit-based compensation	—			298			89			381			(647		)	121
Other	—			—			—			—			22			22
Balance at June 30, 2014	$	—		$	190,122		$	(243,378	)	$	67,409		$	(6,215	)	$	7,938

⁽¹⁾ Cash distributions include $95.9 million in cash payments for the El Dorado Acquisition. As an entity under common control with Delek, we record the assets that we acquire from Delek on our balance sheet at Delek's historical book basis instead of fair value. Additionally, any excess of cash paid over the historical book basis of the assets acquired from Delek is recorded within equity. As a result of the El Dorado Acquisition, our equity balance decreased $70.7 million during the six months ended June 30, 2014.

Allocations of Net Income

Our partnership agreement contains provisions for the allocation of net income and loss to our unitholders and our general partner. For purposes of maintaining partner capital accounts, the partnership agreement specifies that items of income and loss shall be allocated among the partners in accordance with their respective percentage interest. Normal allocations according to percentage interests are made after giving effect, to priority income allocations, if any, in an amount equal to incentive cash distributions allocated 100% to our general partner.

The following table presents the allocation of the general partner's interest in net income (in thousands, except percentage of ownership interest):

	Three Months Ended June 30,						Six Months Ended June 30,
	2014			2013			2014			2013
Net income attributable to partners	$	21,754		$	11,756		$	36,426		$	23,960
Less: General partner's IDR's	(189		)	—			(189		)	—
Net income available to partners	$	21,565		$	11,756		$	36,237		$	23,960
General partner's ownership interest	2.0		%	2.0		%	2.0		%	2.0		%
General partner's allocated interest in net
income	$	431		$	234		$	725		$	478
General partner's IDRs	189			—			189			—
Total general partner's interest in net
income	$	620		$	234		$	914		$	478

Incentive Distribution Rights

The following table illustrates the percentage allocations of available cash from operating surplus between our unitholders and our general partner based on the specified target distribution levels. The amounts set forth under “Marginal Percentage Interest in Distributions” are the percentage interests of our general partner and our unitholders in any available cash from operating surplus that we distribute up to and including the corresponding amount in the column “Total Quarterly Distribution per Unit Target Amount.” The percentage interests shown for our unitholders and our general partner for the minimum quarterly distribution are also applicable to quarterly distribution amounts that are less than the minimum quarterly distribution. The percentage interests set forth below for our general partner include its 2.0% general partner interest and assume that (i) our general partner has contributed any additional capital necessary to maintain its 2.0% general partner interest, (ii) our general partner has not transferred its incentive distribution rights, and (iii) there are no arrearages on common units.

		Target Quarterly Distribution per Unit		Marginal Percentage Interest in Distributions
		Target Amount		Unitholders		General Partner
Minimum Quarterly Distribution		$	0.37500	98.0	%	2.0	%
First Target Distribution	above	$	0.37500	98.0	%	2.0	%
	up to	$	0.43125
Second Target Distribution	above	$	0.43125	85.0	%	15.0	%
	up to	$	0.46875
Third Target Distribution	above	$	0.46875	75.0	%	25.0	%
	up to	$	0.56250
Thereafter	thereafter	$	0.56250	50.0	%	50.0	%

Cash Distributions

Our partnership agreement sets forth the calculation to be used to determine the amount and priority of cash distributions that our common and subordinated unitholders and general partner will receive. Our distributions are declared subsequent to quarter end. The table below summarizes the quarterly distributions related to our quarterly financial results:

Quarter Ended	Total Quarterly Distribution Per Limited Partner Unit		Total Quarterly Distribution Per Limited Partner Unit, Annualized		Total Cash Distribution, including general partner IDRs (in thousands)		Date of Distribution	Unitholders Record Date
December 31, 2013	$	0.415	$	1.66	$	10,228	February 13, 2014	February 4, 2014
March 31, 2014	$	0.425	$	1.70	$	10,474	May 14, 2014	May 6, 2014
June 30, 2014	$	0.475	$	1.90	$	11,910	August 14, 2014 (1)	August 7, 2014

⁽¹⁾ Expected date of distribution.

The allocation of total quarterly cash distributions expected to be made to general and limited partners for the three and six months ended June 30, 2014 is set forth in the table below. Our distributions are declared subsequent to quarter end. Therefore, the table below presents total cash distributions applicable to the period in which the distributions are earned (in thousands, except per unit amounts):

	Three Months Ended June 30,				Six Months Ended June 30,
	2014		2013		2014		2013
General partner's distributions:
General partner's distributions	$	235	$	193	$	444	$	382
General partner's incentive distribution rights	189		—		189		—
Total general partner's distributions	424		193		633		382
Limited partners' distributions:
Common	$	5,787	$	4,755	$	10,952	$	9,375
Subordinated	5,699		4,740		10,799		9,360
Total limited partners' distributions	11,486		9,495		21,751		18,735
Total cash distributions	$	11,910	$	9,688	$	22,384	$	19,117
Cash distributions per limited partner unit	$	0.475	$	0.395	$	0.900	$	0.780

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Net Income Per Unit (Notes)

6 Months Ended

Jun. 30, 2014

Net Income Per Unit [Abstract]

Net Income Per Unit

Net Income Per Unit

We use the two-class method when calculating the net income per unit applicable to limited partners because we have more than one participating class of securities. Our participating securities consist of common units, subordinated units, general partner units and incentive distribution rights. The two-class method is based on the weighted-average number of common units outstanding during the period. Basic net income per unit applicable to limited partners (including subordinated unitholders) is computed by dividing limited partners’ interest in net income, after deducting our general partner’s 2% interest and incentive distribution rights, if any, by the weighted-average number of outstanding common and subordinated units. Our net income is allocated to our general partner and limited partners in accordance with their respective partnership percentages after giving effect to priority income allocations for incentive distribution rights, if any, to our general partner, which is the holder of the incentive distribution rights pursuant to our partnership agreement, which are declared and paid following the close of each quarter.

Earnings in excess of distributions are allocated to our general partner and limited partners based on their respective ownership interests. Payments made to our unitholders are determined in relation to actual distributions declared and are not based on the net income allocations used in the calculation of net income per unit. The basic weighted-average number of units outstanding for the six months ended June 30, 2014 increased to 24,651,912 units from 24,644,649 units in the first quarter of 2014.

Diluted net income per unit applicable to common limited partners includes the effects of potentially dilutive units on our common units. At present, the only potentially dilutive units outstanding consist of unvested phantom unit awards under the Delek Logistics GP, LLC 2012 Long-Term Incentive Plan (the "LTIP"). Basic and diluted net income per unit applicable to subordinated limited partners are the same because there are no potentially dilutive subordinated units outstanding.

Our distributions are declared subsequent to quarter end. Therefore, the table below represents total cash distributions applicable to the period in which the distributions are earned. The calculation of net income per unit is as follows (dollars in thousands, except per unit amounts):

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2014		2013		2014		2013
Net income attributable to partners	$	21,754	$	11,756	$	36,426	$	23,960
Less: General partner's distribution (including IDRs) (1)	424		193		633		382
Less: Limited partners' distribution	5,787		4,755		10,952		9,375
Less: Subordinated partner's distribution	5,699		4,740		10,799		9,360
Earnings in excess of distributions	$	9,844	$	2,068	$	14,042	$	4,843
General partner's earnings:
Distributions (including IDRs) (1)	$	424	$	193	$	633	$	382
Allocation of earnings in excess of distributions	196		41		281		96
Total general partner's earnings	$	620	$	234	$	914	$	478
Limited partners' earnings on common units:
Distributions	$	5,787	$	4,755	$	10,952	$	9,375
Allocation of earnings in excess of distributions	4,861		1,015		6,930		2,375
Total limited partners' earnings on common units	$	10,648	$	5,770	$	17,882	$	11,750
Limited partners' earnings on subordinated units:
Distributions	$	5,699	$	4,740	$	10,799	$	9,360
Allocation of earnings in excess of distributions	4,787		1,012		6,831		2,372
Total limited partner's earnings on subordinated units	$	10,486	$	5,752	$	17,630	$	11,732
Weighted average limited partner units outstanding:
Common units - (basic)	12,159,732		12,006,843		12,156,135		12,003,071
Common units - (diluted)	12,291,273		12,159,084		12,281,598		12,128,764
Subordinated units - Delek (basic and diluted)	11,999,258		11,999,258		11,999,258		11,999,258
Net income per limited partner unit:
Common - (basic)	$	0.88	$	0.48	$	1.47	$	0.98
Common - (diluted)	$	0.87	$	0.47	$	1.46	$	0.97
Subordinated - (basic and diluted)	$	0.87	$	0.48	$	1.47	$	0.98

⁽¹⁾ General partner's distributions (including IDRs) consist of the 2% general partner interest and IDRs, which represent the right of the general partner to receive increasing percentages, up to 50%, of quarterly distributions of available cash from operating surplus in excess of 0.43125 per unit per quarter. See Note 7 for further discussion related to IDRs.

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Segment Data (Policies)

6 Months Ended

Jun. 30, 2014

Segment Reporting [Abstract]

Property, Plant and Equipment, Impairment [Policy Text Block]

In accordance with ASC 360, Property, Plant & Equipment, we evaluate the realizability of property, plant and equipment as events occur that might indicate potential impairment.

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Subsequent Events (Notes)

6 Months Ended

Jun. 30, 2014

Subsequent Events [Abstract]

Subsequent Events

Subsequent Events

Distribution Declaration

On July 28, 2014, our general partner's board of directors declared a quarterly cash distribution of $0.475 per limited partner unit, based on the available cash as of the second quarter of 2014, payable on August 14, 2014, to unitholders of record on August 7, 2014.

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Fair Value Measurements (Notes)

6 Months Ended

Jun. 30, 2014

Fair Value Measurements [Abstract]

Fair Value Measurements

Fair Value Measurements

The fair values of financial instruments are estimated based upon current market conditions and quoted market prices for the same or similar instruments. Management estimates that the carrying value approximates fair value for all of our assets and liabilities that fall under the scope of ASC 825, Financial Instruments.

We apply the provisions of ASC 820, Fair Value Measurements ("ASC 820"), which defines fair value, establishes a framework for its measurement and expands disclosures about fair value measurements. ASC 820 applies to our interest rate and commodity derivatives that are measured at fair value on a recurring basis. The standard also requires that we assess the impact of nonperformance risk on our derivatives. Nonperformance risk is not considered material at this time.

ASC 820 requires disclosures that categorize assets and liabilities measured at fair value into one of three different levels depending on the observability of the inputs employed in the measurement. Level 1 inputs are quoted prices in active markets for identical assets or liabilities. Level 2 inputs are observable inputs other than quoted prices included within Level 1 for the asset or liability, either directly or indirectly through market-corroborated inputs. Level 3 inputs are unobservable inputs for the asset or liability reflecting our assumptions about pricing by market participants.

Interest rate swaps and caps are generally valued using industry-standard models that consider various assumptions, including quoted forward prices for interest rates, time value, volatility factors and contractual prices for the underlying instruments, as well as other relevant economic measures. The degree to which these inputs are observable in the forward markets determines the classification as Level 2 or 3. Our contracts are valued using quotations provided by brokers based on exchange pricing and/or price index developers such as Platts or Argus and are, therefore, classified as Level 2.

The fair value hierarchy for our financial assets accounted for at fair value on a recurring basis at June 30, 2014 and December 31, 2013 was as follows (in thousands):

	As of June 30, 2014
	Level 1		Level 2			Level 3		Total
Assets
Interest rate derivatives	$	—	$	41		$	—	$	41
Commodity derivatives	—		309			—		309
Total assets	—		350			—		350
Liabilities
Commodity derivatives	—		(21		)	—		(21		)
Net assets	$	—	$	329		$	—	$	329

	As of December 31, 2013
	Level 1		Level 2		Level 3		Total
Assets
Interest rate derivatives	$	—	$	116	$	—	$	116

The derivative values above are based on analysis of each contract as the fundamental unit of account as required by ASC 820. Derivative assets and liabilities with the same counterparty are not netted where the legal right of offset exists. This differs from the presentation in the financial statements which reflects our policy under the guidance of ASC 815-10-45, Derivatives and Hedging - Other Presentation Matters ("ASC 815-10-45"), wherein we have elected to offset the fair value amounts recognized for multiple derivative instruments executed with the same counterparty where the legal right of offset exists.

Our policy under the guidance of ASC 815-10-45 is to net the fair value amounts recognized for multiple derivative instruments executed with the same counterparty and offset these values against the cash collateral arising from these derivative positions. As of June 30, 2014 and December 31, 2013, respectively, $0.3 million and zero cash collateral was held by counterparty brokerage firms.

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Related Party Transactions Commercial Agreements (Details) (USD $)	0 Months Ended		1 Months Ended
	Feb. 10, 2014 El Dorado Lease and Access Agreement [Member]		Feb. 28, 2014 Refined Product Pipeline [Member] El Dorado Throughput and Tankage Agreement [Member]		Feb. 28, 2014 Storage [Member] El Dorado Throughput and Tankage Agreement [Member]		Feb. 28, 2014 Minimum [Member] El Dorado Site Services Agreement [Member]	Feb. 28, 2014 Minimum [Member] Refined Product Pipeline [Member] El Dorado Throughput and Tankage Agreement [Member]	Feb. 28, 2014 Maximum [Member] El Dorado Site Services Agreement [Member]		Feb. 28, 2014 Maximum [Member] Refined Product Pipeline [Member] El Dorado Throughput and Tankage Agreement [Member]
Related Party Transaction [Line Items]
Term Of Agreement							8 years	8 years	16 years	[1]	16 years	[1]
Operating Lease Term (years)	50 years
Related party transaction, annual lease payment	$ 100	[2]
Minimum Throughput Commitment			11,000
Throughput Commitment Tariff Rate			0.50	[3]
Minimum Monthly Storage Fee Revenue, Amount					1,299,000	[3]
Related Party Annual Service Fee									$ 200,000	[2]

[1] Maximum term gives effect to the extension of the commercial agreement pursuant to the terms thereof.

[2] Fees payable to Delek by the Partnership.

[3] Fees payable to the Partnership by Delek.

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Equity Based Compensation (Notes)

6 Months Ended

Jun. 30, 2014

Equity Based Compensation [Abstract]

Equity Based Compensation

Equity Based Compensation

We incurred a nominal amount and $0.1 million of unit-based compensation expense related to the Partnership during the three and six months ended June 30, 2014, respectively, and $0.1 million during both the three and six months ended June 30, 2013. The fair value of phantom unit awards under the LTIP is determined based on the closing price of our common limited partner units on the grant date. The estimated fair value of our phantom units is amortized over the vesting period using the straight line method. Awards vest over a five-year service period. As of June 30, 2014, there was $1.0 million of total unrecognized compensation cost related to non-vested equity-based compensation arrangements, which is expected to be recognized over a weighted-average period of 3.4 years.

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Segment Data (Notes)

6 Months Ended

Jun. 30, 2014

Segment Reporting [Abstract]

Segment Data

Segment Data

We report our assets and operating results in two reportable segments: (i) pipelines and transportation and (ii) wholesale marketing and terminalling:

• The pipelines and transportation segment provides crude oil gathering, and crude oil, intermediate and finished products transportation and storage services to Delek's refining operations and independent third parties.

• The wholesale marketing and terminalling segment provides marketing and terminalling services to Delek's refining operations and independent third parties.

Our operating segments adhere to the same accounting policies used for our consolidated financial statements. Our operating segments are managed separately because each segment requires different industry knowledge, technology and marketing strategies. Decisions concerning the allocation of resources and assessment of operating performance are made based on this segmentation. Management measures the operating performance of each reportable segment based on segment contribution margin. Segment contribution margin is defined as net sales less cost of sales and operating expenses, excluding depreciation and amortization.

On February 10, 2014, we acquired the El Dorado Terminal and Tank Assets from Delek. Our historical financial statements have been retrospectively adjusted to reflect the results of operations attributable to the El Dorado Terminal and Tank Assets as if we owned the assets for all periods presented. The results of the El Dorado Terminal and the El Dorado Storage Tanks are included in the wholesale marketing and terminalling segment and the pipelines and transportation segment, respectively.

On July 26, 2013, we acquired the Tyler Terminal and Tank Assets from Delek. Our historical financial statements have been retrospectively adjusted to reflect the results of operations attributable to the Tyler Terminal and Tank Assets as if we owned the assets for all periods presented. The results of the Tyler Terminal and the Tyler Tank Assets are included in the wholesale marketing and terminalling segment and the pipelines and transportation segment, respectively.

The following is a summary of business segment operating performance as measured by contribution margin for the period indicated (in thousands):

	Three Months Ended June 30, 2014
	Pipelines and Transportation		Wholesale Marketing and Terminalling		Consolidated
Net sales	$	23,066	$	213,277	$	236,343
Operating costs and expenses:
Cost of goods sold	1,130		195,444		196,574
Operating expenses	7,745		1,799		9,544
Segment contribution margin	$	14,191	$	16,034	30,225
General and administrative expenses					2,242
Depreciation and amortization					3,532
Loss on asset disposals					74
Operating income					$	24,377
Total assets	$	222,115	$	92,324	$	314,439
Capital spending (excluding business combinations)	$	212	$	756	$	968

	Three Months Ended June 30, 2013
	Pipelines and Transportation		Wholesale Marketing and Terminalling		Consolidated
Net sales	$	13,667	$	216,475	$	230,142
Operating costs and expenses:
Cost of goods sold	—		207,966		207,966
Operating expenses	8,064		1,864		9,928
Segment contribution margin	$	5,603	$	6,645	12,248
General and administrative expenses					1,521
Depreciation and amortization					3,284
Operating income					$	7,443
Capital spending (excluding business combinations) (1)	$	2,542	$	883	$	3,425

⁽¹⁾ Capital spending includes expenditures incurred in connection with the assets acquired in the El Dorado Acquisition and the Tyler Acquisition.

	Six Months Ended June 30, 2014
	Pipelines and Transportation		Wholesale Marketing and Terminalling		Consolidated
Net sales	$	43,334	$	396,536	$	439,870
Operating costs and expenses:
Cost of goods sold	2,256		366,527		368,783
Operating expenses	14,744		4,119		18,863
Segment contribution margin	$	26,334	$	25,890	52,224
General and administrative expenses					4,905
Depreciation and amortization					7,009
Loss on asset disposals					74
Operating income					$	40,236
Capital spending (excluding business combinations) (1)	$	1,149	$	784	$	1,933

⁽¹⁾ Capital spending includes expenditures incurred in connection with the assets acquired in the El Dorado Acquisition.

	Six Months Ended June 30, 2013
	Pipelines and Transportation		Wholesale Marketing and Terminalling		Consolidated
Net sales	$	27,204	$	413,832	$	441,036
Operating costs and expenses:
Cost of goods sold	—		395,826		395,826
Operating expenses	15,478		3,531		19,009
Segment contribution margin	$	11,726	$	14,475	26,201
General and administrative expenses					3,723
Depreciation and amortization					6,825
Operating income					$	15,653
Capital spending (excluding business combinations) (1)	$	6,058	$	1,081	$	7,139

⁽¹⁾ Capital spending includes expenditures incurred in connection with the assets acquired in the Tyler Acquisition and El Dorado Acquisition.

Property, plant and equipment, accumulated depreciation and depreciation expense by reporting segment as of and for the three and six months ended June 30, 2014 were as follows (in thousands):

	Pipelines and Transportation			Wholesale Marketing and Terminalling			Consolidated
Property, plant and equipment	$	247,241		$	19,195		$	266,436
Less: accumulated depreciation	(38,296		)	(7,547		)	(45,843		)
Property, plant and equipment, net	$	208,945		$	11,648		$	220,593
Depreciation expense for the three months ended June 30, 2014	$	2,561		$	706		$	3,267
Depreciation expense for the six months ended June 30, 2014	$	4,749		$	1,729		$	6,478

In accordance with ASC 360, Property, Plant & Equipment, we evaluate the realizability of property, plant and equipment as events occur that might indicate potential impairment.

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Derivative Instruments (Notes)

6 Months Ended

Jun. 30, 2014

Derivative Instruments [Abstract]

Derivative Instruments

Derivative Instruments

From time to time, we enter into forward fuel contracts to limit the exposure to price fluctuations for physical purchases of finished products in the normal course of business. We use derivatives to reduce normal operating and market risks with a primary objective in derivative instrument use being the reduction of the impact of market price volatility on our results of operations.

We enter into forward fuel contracts with major financial institutions in which we fix the purchase price of finished grade fuel for a predetermined number of units with fulfillment terms of less than 90 days. During the three and six months ended June 30, 2014 and June 30, 2013, we did not elect hedge treatment for these derivative positions. As a result, all changes in fair value are marked to market in the accompanying condensed consolidated statements of income.

From time to time, we may also enter into interest rate hedging agreements to limit floating interest rate exposure under the Amended and Restated Credit Agreement. The prior credit facility required us to maintain interest rate hedging arrangements on at least 50% of the amount funded on November 7, 2012 under the credit facility, which was required to be in place for at least a three-year period beginning no later than March 7, 2013.Effective February 25, 2013, we entered into interest rate hedges in the form of a LIBOR interest rate cap for a term of three years for a total notional amount of $45.0 million, thereby meeting the requirements in effect at that time. These requirements were eliminated in connection with the Amended and Restated Credit Agreement in July 2013.

The tables below present the fair value of our derivative instruments, as of June 30, 2014 and December 31, 2013 (in thousands).

		June 30, 2014						December 31, 2013
Derivative Type	Balance Sheet Location	Assets			Liabilities			Assets		Liabilities
Derivatives not designated as hedging instruments:
Interest rate derivatives	Other long term assets	$	41		$	—		$	116	$	—
Commodity derivatives (1)	Other current assets	309			(21		)	—		—
Total gross value of derivatives		$	350		$	(21	)	$	116	$	—
Less: Counterparty netting and cash collateral (2)		(264		)	(21		)	—		—
Total net fair value of derivatives		$	614		$	—		$	116	$	—

⁽¹⁾ As of June 30, 2014, we had open derivative contracts representing 182,000 barrels of refined petroleum products.

⁽²⁾ As of June 30, 2014, $0.3 million of cash collateral associated with our commodity derivatives has been netted with the derivative positions with each counterparty.

Recognized gains (losses) associated with derivatives not designated as hedging instruments for the three and six months ended June 30, 2014 and 2013 were as follows (in thousands):

		Three Months Ended June 30,					Six Months Ended June 30,
Derivative Type	Income Statement Location	2014			2013		2014			2013
Interest rate derivatives	Interest expense	$	(54	)	$	92	$	(75	)	$	25
Commodity derivatives	Cost of goods sold	(175		)	101		(304		)	(103		)
	Total	$	(229	)	$	193	$	(379	)	$	(78	)

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Subsequent Events Distribution Declaration (Details) (USD $)	0 Months Ended
	Apr. 25, 2014	Jan. 24, 2014	Jul. 28, 2014 Subsequent Event [Member]
Subsequent Event [Line Items]
Quarterly cash distribution declared (per unit)	$ 0.425	$ 0.415	$ 0.475

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Acquisitions Tyler and El Dorado Terminal and Tank Assets Finanical Results (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended			6 Months Ended							3 Months Ended	6 Months Ended		3 Months Ended	6 Months Ended		3 Months Ended	6 Months Ended			3 Months Ended	6 Months Ended			3 Months Ended	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013		Jun. 30, 2014	Jun. 30, 2013		Dec. 31, 2013		Dec. 31, 2012		Jun. 30, 2014 El Dorado Terminal and Tanks [Member]	Jun. 30, 2014 El Dorado Terminal and Tanks [Member]	Feb. 10, 2014 El Dorado Terminal and Tanks [Member]	Jun. 30, 2014 Tyler Terminal and Tanks [Member]	Jun. 30, 2014 Tyler Terminal and Tanks [Member]	Jul. 26, 2013 Tyler Terminal and Tanks [Member]	Jun. 30, 2013 Delek Logistics Partners, LP (previously reported)	Jun. 30, 2014 Delek Logistics Partners, LP (previously reported)	Jun. 30, 2013 Delek Logistics Partners, LP (previously reported)	Dec. 31, 2013 Delek Logistics Partners, LP (previously reported)	Jun. 30, 2013 Predecessor El Dorado Terminal and Tanks [Member]	Jun. 30, 2014 Predecessor El Dorado Terminal and Tanks [Member]	Jun. 30, 2013 Predecessor El Dorado Terminal and Tanks [Member]	Dec. 31, 2013 Predecessor El Dorado Terminal and Tanks [Member]	Jun. 30, 2013 Predecessor Tyler Terminal and Tanks [Member]	Jun. 30, 2013 Predecessor Tyler Terminal and Tanks [Member]
Historical carrying value of assets acquired													$ 25,200			$ 38,300
Total operating revenues											4,398	6,855		4,501	9,002
Net income attributable to the Partnership											2,726	3,941		2,375	5,284
Costs associated with the acquisition											0	186
Current assets:
Cash and cash equivalents	2,417	27,303	[1]	2,417	27,303	[1]	924	[2]	23,452	[1]										924				0
Accounts receivable	37,951			37,951			28,976	[2]												28,976				0
Inventory	24,833			24,833			17,512	[2]												17,512				0
Deferred tax assets	12			12			12	[2]												12				0
Other current assets	799			799			341	[2]												341				0
Total current assets	66,012			66,012			47,765	[2]												47,765				0
Property, plant and equipment:
Property, plant and equipment	266,436			266,436			265,388	[2]												235,588				29,800
Less: accumulated depreciation	(45,843)			(45,843)			(39,566)	[2]												(36,306)				(3,260)
Property, plant and equipment, net	220,593			220,593			225,822	[2]												199,282				26,540
Goodwill	11,654			11,654			10,454	[2]												10,454				0
Intangible assets, net	11,843			11,843			12,258	[2]												12,258				0
Other non-current assets	4,337			4,337			5,045	[2]												5,045				0
Total assets	314,439			314,439			301,344	[2]												274,804				26,540
Current liabilities:
Accounts payable	39,731			39,731			26,045	[2]												26,045				0
Accounts payable to related parties							1,513													1,513				0
Fuel and other taxes payable	6,733			6,733			5,700	[2]												5,700				0
Accrued expenses and other current liabilities	9,270			9,270			6,451	[2]												5,776				675
Total current liabilities	58,330			58,330			39,709	[2]												39,034				675
Non-current liabilities:
Revolving credit facility	239,000			239,000			164,800	[2]												164,800				0
Asset retirement obligations	3,202			3,202			3,087	[2]												2,993				94
Deferred tax liabilities	376			376			324	[2]												324				0
Other non-current liabilities	5,593			5,593			6,222	[2]												5,612				610
Total non-current liabilities	248,171			248,171			174,433	[2]												173,729				704
Equity:
Predecessors division equity	0			0			25,161	[2]												0				25,161
Common unitholders - public (9,353,240 units issued and outstanding)	190,122			190,122			183,839	[2]												183,839				0
Common unitholders - Delek (2,799,258 units issued and outstanding)	(243,378)			(243,378)			(176,680)	[2]												(176,680)				0
Subordinated unitholders - Delek (11,999,258 units issued and outstanding)	67,409			67,409			59,386	[2]												59,386				0
General Partner unitholders - Delek (492,893 units issued and outstanding)	(6,215)			(6,215)			(4,504)	[2]												(4,504)				0
Total equity	7,938			7,938			87,202	[2]												62,041				25,161
Total liabilities and equity	314,439			314,439			301,344	[2]												274,804				26,540
Condensed Combined Statement of Operations
Net Sales	236,343	230,142	[3]	439,870	441,036	[3]											230,142	439,870	441,036		0	0	0		0	0
Operating costs and expenses:
Cost of goods sold	196,574	207,966	[3]	368,783	395,826	[3]											207,966	368,783	395,826		0	0	0		0	0
Operating expenses	9,544	9,928	[3]	18,863	19,009	[3]											6,067	18,080	11,929		1,839	783	3,408		2,022	3,672
General and administrative expenses	2,242	1,521	[3]	4,905	3,723	[3]											1,111	4,859	2,788		187	46	419		223	516
Depreciation and amortization	3,532	3,284	[3]	7,009	6,825	[1],[3]											2,372	6,895	4,724		298	114	595		614	1,506
Loss on asset disposals	74	0	[3]	74	0	[1],[3]												74				0
Total operating costs and expenses	211,966	222,699	[3]	399,634	425,383	[3]											217,516	398,691	415,267		2,324	943	4,422		2,859	5,694
Operating income (loss)	24,377	7,443	[3]	40,236	15,653	[3]											12,626	41,179	25,769		(2,324)	(943)	(4,422)		(2,859)	(5,694)
Interest expense, net	2,342	752	[3]	4,325	1,569	[3]											752	4,325	1,569		0	0	0		0	0
Net income (loss) before income tax expense	22,035	6,691	[3]	35,911	14,084	[3]											11,874	36,854	24,200		(2,324)	(943)	(4,422)		(2,859)	(5,694)
Income tax expense	281	118	[3]	428	240	[3]											118	428	240		0	0	0		0	0
Net income (loss)	21,754	6,573	[3]	35,483	13,844	[1],[3]											11,756	36,426	23,960		(2,324)	(943)	(4,422)		(2,859)	(5,694)
Less: Loss attributable to Predecessors	0	(5,183)	[3]	(943)	(10,116)	[3]											0	0	0		(2,324)	(943)	(4,422)		(2,859)	(5,694)
Net income attributable to partners	$ 21,754	$ 11,756	[3]	$ 36,426	$ 23,960	[3]											$ 11,756	$ 36,426	$ 23,960		$ 0	$ 0	$ 0		$ 0	$ 0

[1] Adjusted to include the historical cash flows of the El Dorado Terminal and Tank Assets and the Tyler Terminal and Tank Assets. See Notes 1 and 2 for further discussion.

[2] Includes the historical balances of the El Dorado Terminal and Tank Assets and the Tyler Terminal and Tank Assets. See Notes 1 and 2 for further discussion.

[3] Adjusted to include the historical results of the El Dorado Terminal and Tank Assets and the Tyler Terminal and Tank Assets. See Notes 1 and 2 for further discussion.

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Fair Value Measurements (Details) (Fair Value, Measurements, Recurring [Member], USD $) In Thousands, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset	$ 350
Net assets	329
Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset	0
Net assets	0
Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset	350
Net assets	329
Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset	0
Net assets	0
Interest rate derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset	41	116
Interest rate derivatives | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset	0	0
Interest rate derivatives | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset	41	116
Interest rate derivatives | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset	0	0
Commodity derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset	309
Derivative Liability	(21)
Commodity derivatives | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset	0
Derivative Liability	0
Commodity derivatives | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset	309
Derivative Liability	(21)
Commodity derivatives | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset	0
Derivative Liability	$ 0

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Inventory (Policies)

6 Months Ended

Jun. 30, 2014

Inventory [Abstract]

Inventory, Policy [Policy Text Block]

Cost of inventory is stated at the lower of cost or market, determined on a first-in, first-out basis.

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Net Income Per Unit (Tables)

6 Months Ended

Jun. 30, 2014

Net Income Per Unit [Abstract]

Net Income Per Unit [Table Text Block]

Our distributions are declared subsequent to quarter end. Therefore, the table below represents total cash distributions applicable to the period in which the distributions are earned. The calculation of net income per unit is as follows (dollars in thousands, except per unit amounts):

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2014		2013		2014		2013
Net income attributable to partners	$	21,754	$	11,756	$	36,426	$	23,960
Less: General partner's distribution (including IDRs) (1)	424		193		633		382
Less: Limited partners' distribution	5,787		4,755		10,952		9,375
Less: Subordinated partner's distribution	5,699		4,740		10,799		9,360
Earnings in excess of distributions	$	9,844	$	2,068	$	14,042	$	4,843
General partner's earnings:
Distributions (including IDRs) (1)	$	424	$	193	$	633	$	382
Allocation of earnings in excess of distributions	196		41		281		96
Total general partner's earnings	$	620	$	234	$	914	$	478
Limited partners' earnings on common units:
Distributions	$	5,787	$	4,755	$	10,952	$	9,375
Allocation of earnings in excess of distributions	4,861		1,015		6,930		2,375
Total limited partners' earnings on common units	$	10,648	$	5,770	$	17,882	$	11,750
Limited partners' earnings on subordinated units:
Distributions	$	5,699	$	4,740	$	10,799	$	9,360
Allocation of earnings in excess of distributions	4,787		1,012		6,831		2,372
Total limited partner's earnings on subordinated units	$	10,486	$	5,752	$	17,630	$	11,732
Weighted average limited partner units outstanding:
Common units - (basic)	12,159,732		12,006,843		12,156,135		12,003,071
Common units - (diluted)	12,291,273		12,159,084		12,281,598		12,128,764
Subordinated units - Delek (basic and diluted)	11,999,258		11,999,258		11,999,258		11,999,258
Net income per limited partner unit:
Common - (basic)	$	0.88	$	0.48	$	1.47	$	0.98
Common - (diluted)	$	0.87	$	0.47	$	1.46	$	0.97
Subordinated - (basic and diluted)	$	0.87	$	0.48	$	1.47	$	0.98

⁽¹⁾ General partner's distributions (including IDRs) consist of the 2% general partner interest and IDRs, which represent the right of the general partner to receive increasing percentages, up to 50%, of quarterly distributions of available cash from operating surplus in excess of 0.43125 per unit per quarter. See Note 7 for further discussion related to IDRs.

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Segment Data (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended			6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013		Jun. 30, 2014		Jun. 30, 2013		Dec. 31, 2013
Segment Reporting Information [Line Items]
Net sales	$ 236,343	$ 230,142	[1]	$ 439,870		$ 441,036	[1]
Operating costs and expenses:
Cost of goods sold	196,574	207,966	[1]	368,783		395,826	[1]
Operating expenses	9,544	9,928	[1]	18,863		19,009	[1]
Segment contribution margin	30,225	12,248		52,224		26,201
General and administrative expenses	2,242	1,521	[1]	4,905		3,723	[1]
Depreciation and amortization	3,532	3,284	[1]	7,009		6,825	[1],[2]
Loss on asset disposals	74	0	[1]	74		0	[1],[2]
Operating income	24,377	7,443	[1]	40,236		15,653	[1]
Total assets	314,439			314,439				301,344	[3]
Capital spending (excluding business combinations)	968	3,425	[4]	1,933	[5]	7,139	[2],[4]
Pipelines and Transportation [Member]
Segment Reporting Information [Line Items]
Net sales	23,066	13,667		43,334		27,204
Operating costs and expenses:
Cost of goods sold	1,130	0		2,256		0
Operating expenses	7,745	8,064		14,744		15,478
Segment contribution margin	14,191	5,603		26,334		11,726
Total assets	222,115			222,115
Capital spending (excluding business combinations)	212	2,542	[4]	1,149	[5]	6,058	[4]
Wholesale Marketing and Terminalling [Member]
Segment Reporting Information [Line Items]
Net sales	213,277	216,475		396,536		413,832
Operating costs and expenses:
Cost of goods sold	195,444	207,966		366,527		395,826
Operating expenses	1,799	1,864		4,119		3,531
Segment contribution margin	16,034	6,645		25,890		14,475
Total assets	92,324			92,324
Capital spending (excluding business combinations)	$ 756	$ 883	[4]	$ 784	[5]	$ 1,081	[4]

[1] Adjusted to include the historical results of the El Dorado Terminal and Tank Assets and the Tyler Terminal and Tank Assets. See Notes 1 and 2 for further discussion.

[2] Adjusted to include the historical cash flows of the El Dorado Terminal and Tank Assets and the Tyler Terminal and Tank Assets. See Notes 1 and 2 for further discussion.

[3] Includes the historical balances of the El Dorado Terminal and Tank Assets and the Tyler Terminal and Tank Assets. See Notes 1 and 2 for further discussion.

[4] Capital spending includes expenditures incurred in connection with the assets acquired in the El Dorado Acquisition and the Tyler Acquisition.

[5] Capital spending includes expenditures incurred in connection with the assets acquired in the El Dorado Acquisition.

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Net Income Per Unit (Details) (USD $) In Thousands, except Share data, unless otherwise specified	3 Months Ended				6 Months Ended
	Jun. 30, 2014		Jun. 30, 2013		Jun. 30, 2014		Jun. 30, 2013
Net Income Per Unit [Line Items]
Net income attributable to partners	$ 21,754		$ 11,756	[1]	$ 36,426		$ 23,960	[1]
Less: General partner's distribution (including IDRs)	424	[2]	193	[2]	633	[2]	382	[2]
Earnings in excess of distributions	9,844		2,068		14,042		4,843
Common units - basic (units)	12,159,732		12,006,843		12,156,135		12,003,071
Common units - diluted (units)	12,291,273		12,159,084		12,281,598		12,128,764
Subordinated units - Delek basic and diluted (units)	11,999,258		11,999,258		11,999,258		11,999,258
Common- basic (dollars per unit)	$ 0.88		$ 0.48		$ 1.47		$ 0.98
Common- diluted (dollars per unit)	$ 0.87		$ 0.47		$ 1.46		$ 0.97
Subordinated - basic and diluted (dollars per unit)	$ 0.87		$ 0.48		$ 1.47		$ 0.98
Footnote [Abstract]
General partner's ownership interest	2.00%		2.00%		2.00%		2.00%
Incentive Distribution Distribution Split Marginal Percentage					50.00%
Incentive Distribution, Minimum Distribution Level					$ 0.43125
General Partner
Net Income Per Unit [Line Items]
Less: General partner's distribution (including IDRs)	424	[2]	193	[2]	633	[2]	382	[2]
Earnings in excess of distributions	196		41		281		96
Total partners' earnings	620		234		914		478
Limited Partner [Member]
Net Income Per Unit [Line Items]
Less: Limited partners' distribution	11,486		9,495		21,751		18,735
Limited Partner, Common Units [Member]
Net Income Per Unit [Line Items]
Less: Limited partners' distribution	5,787		4,755		10,952		9,375
Earnings in excess of distributions	4,861		1,015		6,930		2,375
Total partners' earnings	10,648		5,770		17,882		11,750
Limited Partner, Subordinated Units [Member]
Net Income Per Unit [Line Items]
Less: Limited partners' distribution	5,699		4,740		10,799		9,360
Earnings in excess of distributions	4,787		1,012		6,831		2,372
Total partners' earnings	10,486		5,752		17,630		11,732
Common Units [Member]
Net Income Per Unit [Line Items]
Common units - basic (units)	12,159,732		12,006,843	[1]	12,156,135		12,003,071	[1]
Common units - diluted (units)	12,291,273		12,159,084	[1]	12,281,598		12,128,764	[1]
Common- basic (dollars per unit)	$ 0.88		$ 0.48	[1]	$ 1.47		$ 0.98	[1]
Common- diluted (dollars per unit)	$ 0.87		$ 0.47	[1]	$ 1.46		$ 0.97	[1]
Common Units [Member] | Limited Partner [Member]
Net Income Per Unit [Line Items]
Less: Limited partners' distribution	5,787		4,755		10,952		9,375
Subordinated Units [Member] | Limited Partner [Member]
Net Income Per Unit [Line Items]
Less: Limited partners' distribution	$ 5,699		$ 4,740		$ 10,799		$ 9,360

[1] Adjusted to include the historical results of the El Dorado Terminal and Tank Assets and the Tyler Terminal and Tank Assets. See Notes 1 and 2 for further discussion.

[2] General partner's distributions (including IDRs) consist of the 2% general partner interest and IDRs, which represent the right of the general partner to receive increasing percentages, up to 50%, of quarterly distributions of available cash from operating surplus in excess of 0.43125 per unit per quarter. See Note 7 for further discussion related to IDRs.

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Condensed Consolidated Statements of Cash Flows ( Unaudited) (USD $) In Thousands, unless otherwise specified	6 Months Ended
	Jun. 30, 2014		Jun. 30, 2013
Cash flows from operating activities:
Net income	$ 35,483		$ 13,844	[1],[2]
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	7,009		6,825
Amortization of unfavorable contract liability to revenue	(1,334)		(1,334)	[1]
Amortization of deferred financing costs	634		374	[1]
Accretion of asset retirement obligations	209		149	[1]
Deferred income taxes	52		(17)	[1]
Loss on asset disposals	74		0	[1],[2]
Unit-based compensation expense	121		112	[1]
Changes in assets and liabilities, net of acquisitions:
Accounts receivable	(8,975)		(10,284)	[1]
Inventories and other current assets	(7,779)		(1,337)	[1]
Accounts payable and other current liabilities	18,872		12,666	[1]
Accounts payable - related parties	1,083		(7,989)	[1]
Non-current assets and liabilities, net	(649)		(795)	[1]
Net cash provided by operating activities	44,800		12,214	[1]
Cash flows from investing activities:
Purchases of property, plant and equipment	(1,933)	[3]	(7,139)	[1],[4]
Net cash used in investing activities	(1,933)		(7,139)	[1]
Cash flows from financing activities:
Proceeds from issuance of additional units to maintain 2% General Partner interest	22		0	[1]
Distributions to general partner	(414)		(299)	[1]
Distributions to common unitholders - Public	(7,856)		(5,602)	[1]
Distributions to common unitholders - Delek	(2,352)		(1,705)	[1]
Distributions to subordinated unitholders	(10,080)		(7,310)	[1]
Distributions to Delek for contribution of El Dorado Terminal and Tank Assets	(95,900)		0	[1]
Proceeds from revolving credit facility	283,100		0	[1]
Payments of revolving credit facility	(208,900)		0	[1]
Predecessor division equity contribution	1,006		13,229	[1]
Reimbursement of capital expenditures by Sponsor	0		463	[1]
Net cash used in financing activities	(41,374)		(1,224)	[1]
Net increase in cash and cash equivalents	1,493		3,851	[1]
Cash and cash equivalents at the beginning of the period	924	[5]	23,452	[1]
Cash and cash equivalents at the end of the period	2,417		27,303	[1]
Cash paid during the period for:
Interest	3,508		1,226	[1]
Taxes	18		0	[1]
Non-cash financing activities:
Sponsor contribution of fixed assets	$ 706		$ 0

[1] Adjusted to include the historical cash flows of the El Dorado Terminal and Tank Assets and the Tyler Terminal and Tank Assets. See Notes 1 and 2 for further discussion.

[2] Adjusted to include the historical results of the El Dorado Terminal and Tank Assets and the Tyler Terminal and Tank Assets. See Notes 1 and 2 for further discussion.

[3] Capital spending includes expenditures incurred in connection with the assets acquired in the El Dorado Acquisition.

[4] Capital spending includes expenditures incurred in connection with the assets acquired in the El Dorado Acquisition and the Tyler Acquisition.

[5] Includes the historical balances of the El Dorado Terminal and Tank Assets and the Tyler Terminal and Tank Assets. See Notes 1 and 2 for further discussion.

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Income Taxes (Notes)

6 Months Ended

Jun. 30, 2014

Income Tax Disclosure [Abstract]

Income Taxes

Income Taxes

Our effective income tax rate decreased by a nominal amount for the three months ended June 30, 2014 compared to the three months ended June 30, 2013. For tax purposes, each partner of the Partnership is required to take into account its share of income, gain, loss and deduction in computing its federal and state income tax liabilities, regardless of whether cash distributions are made to such partner by the Partnership. The taxable income reportable to each partner takes into account differences between the tax basis and fair market value of our assets, the acquisition price of such partner's units and the taxable income allocation requirements under our partnership agreement.

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Commitments and Contingencies Letters of Credit (Details) (Letter of Credit [Member], Revolving Credit Facility [Member], Fifth Third Bank [Member], USD $) In Millions, unless otherwise specified	Jun. 30, 2014
Letter of Credit [Member] | Revolving Credit Facility [Member] | Fifth Third Bank [Member]
Debt Instrument [Line Items]
Letters of Credit Outstanding	$ 13.5
Line of Credit Facility, Amount Outstanding	$ 0

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Equity (Tables)

6 Months Ended

Jun. 30, 2014

Equity [Abstract]

Equity Activity [Table Text Block]

The summarized changes in the carrying amount of our equity are as follows:

	Equity of Predecessors			Common - Public			Common - Delek			Subordinated			General Partner			Total
Balance at December 31, 2013	$	25,161		$	183,839		$	(176,680	)	$	59,386		$	(4,504	)	$	87,202
Sponsor contributions of equity to the El Dorado Predecessor	1,006			—			—			—			—			1,006
Loss attributable to the El Dorado Predecessor	(943		)	—			—			—			—			(943		)
Allocation of net assets acquired by the unitholders	(25,224		)	—			24,720			—			504			—
Cash distributions (1)	—			(7,856		)	(96,334		)	(10,080		)	(2,332		)	(116,602		)
Sponsorship contribution of fixed assets	—			—			692			—			14			706
Net income attributable to partners	—			13,841			4,135			17,722			728			36,426
Unit-based compensation	—			298			89			381			(647		)	121
Other	—			—			—			—			22			22
Balance at June 30, 2014	$	—		$	190,122		$	(243,378	)	$	67,409		$	(6,215	)	$	7,938

⁽¹⁾ Cash distributions include $95.9 million in cash payments for the El Dorado Acquisition. As an entity under common control with Delek, we record the assets that we acquire from Delek on our balance sheet at Delek's historical book basis instead of fair value. Additionally, any excess of cash paid over the historical book basis of the assets acquired from Delek is recorded within equity. As a result of the El Dorado Acquisition, our equity balance decreased $70.7 million during the six months ended June 30, 2014.

Schedule of Allocation of Net Income to General Partner [Table Text Block]

The following table presents the allocation of the general partner's interest in net income (in thousands, except percentage of ownership interest):

	Three Months Ended June 30,						Six Months Ended June 30,
	2014			2013			2014			2013
Net income attributable to partners	$	21,754		$	11,756		$	36,426		$	23,960
Less: General partner's IDR's	(189		)	—			(189		)	—
Net income available to partners	$	21,565		$	11,756		$	36,237		$	23,960
General partner's ownership interest	2.0		%	2.0		%	2.0		%	2.0		%
General partner's allocated interest in net
income	$	431		$	234		$	725		$	478
General partner's IDRs	189			—			189			—
Total general partner's interest in net
income	$	620		$	234		$	914		$	478

Schedule of Incentive Distributions Made to Managing Members or General Partners by Distribution [Table Text Block]

The following table illustrates the percentage allocations of available cash from operating surplus between our unitholders and our general partner based on the specified target distribution levels. The amounts set forth under “Marginal Percentage Interest in Distributions” are the percentage interests of our general partner and our unitholders in any available cash from operating surplus that we distribute up to and including the corresponding amount in the column “Total Quarterly Distribution per Unit Target Amount.” The percentage interests shown for our unitholders and our general partner for the minimum quarterly distribution are also applicable to quarterly distribution amounts that are less than the minimum quarterly distribution. The percentage interests set forth below for our general partner include its 2.0% general partner interest and assume that (i) our general partner has contributed any additional capital necessary to maintain its 2.0% general partner interest, (ii) our general partner has not transferred its incentive distribution rights, and (iii) there are no arrearages on common units.

		Target Quarterly Distribution per Unit		Marginal Percentage Interest in Distributions
		Target Amount		Unitholders		General Partner
Minimum Quarterly Distribution		$	0.37500	98.0	%	2.0	%
First Target Distribution	above	$	0.37500	98.0	%	2.0	%
	up to	$	0.43125
Second Target Distribution	above	$	0.43125	85.0	%	15.0	%
	up to	$	0.46875
Third Target Distribution	above	$	0.46875	75.0	%	25.0	%
	up to	$	0.56250
Thereafter	thereafter	$	0.56250	50.0	%	50.0	%

Distributions Made to Limited Partner, by Distribution [Table Text Block]

The table below summarizes the quarterly distributions related to our quarterly financial results:

Quarter Ended	Total Quarterly Distribution Per Limited Partner Unit		Total Quarterly Distribution Per Limited Partner Unit, Annualized		Total Cash Distribution, including general partner IDRs (in thousands)		Date of Distribution	Unitholders Record Date
December 31, 2013	$	0.415	$	1.66	$	10,228	February 13, 2014	February 4, 2014
March 31, 2014	$	0.425	$	1.70	$	10,474	May 14, 2014	May 6, 2014
June 30, 2014	$	0.475	$	1.90	$	11,910	August 14, 2014 (1)	August 7, 2014

⁽¹⁾ Expected date of distribution.

The allocation of total quarterly cash distributions expected to be made to general and limited partners for the three and six months ended June 30, 2014 is set forth in the table below. Our distributions are declared subsequent to quarter end. Therefore, the table below presents total cash distributions applicable to the period in which the distributions are earned (in thousands, except per unit amounts):

	Three Months Ended June 30,				Six Months Ended June 30,
	2014		2013		2014		2013
General partner's distributions:
General partner's distributions	$	235	$	193	$	444	$	382
General partner's incentive distribution rights	189		—		189		—
Total general partner's distributions	424		193		633		382
Limited partners' distributions:
Common	$	5,787	$	4,755	$	10,952	$	9,375
Subordinated	5,699		4,740		10,799		9,360
Total limited partners' distributions	11,486		9,495		21,751		18,735
Total cash distributions	$	11,910	$	9,688	$	22,384	$	19,117
Cash distributions per limited partner unit	$	0.475	$	0.395	$	0.900	$	0.780

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Inventory (Details) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013
Inventory [Abstract]
Inventories	$ 24,833	$ 17,512	[1]

[1] Includes the historical balances of the El Dorado Terminal and Tank Assets and the Tyler Terminal and Tank Assets. See Notes 1 and 2 for further discussion.

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Organization and Basis of Presentation (Policies)

6 Months Ended

Jun. 30, 2014

Organization and Basis of Presentation [Abstract]

Combination of Entities under Common Control, Policy [Policy Text Block]

The El Dorado Acquisition and the Tyler Acquisition were accounted for as transfers between entities under common control. As entities under common control with Delek, we record the assets that Delek has contributed to us on our balance sheet at Delek's historical basis instead of fair value. Transfers between entities under common control are accounted for as if the transfer occurred at the beginning of the period, and prior years are retrospectively adjusted to furnish comparative information. Accordingly, the accompanying financial statements and related notes of the Partnership have been retrospectively adjusted to include (i) the historical results of the El Dorado Terminal and Tank Assets, as owned and operated by Delek, for all periods presented through February 10, 2014 (the "El Dorado Predecessor"), and (ii) the historical results of the Tyler Terminal and Tank Assets, as owned and operated by Delek, for all periods presented through July 26, 2013 (the "Tyler Predecessor"). We refer to the historical results of the El Dorado and Tyler Predecessors collectively as our "Predecessors." See Note 2 for further information regarding the El Dorado Acquisition and the Tyler Acquisition.

Consolidation, Policy [Policy Text Block]

All significant intercompany transactions and account balances have been eliminated in the consolidation. Such intercompany transactions do not include those with Delek or our general partner. All adjustments are of a normal, recurring nature.

The accompanying unaudited condensed consolidated financial statements and related notes for the three and six months ended June 30, 2014 and 2013 include the consolidated financial position, results of operations, cash flows and division equity of our Predecessors. The financial statements of our Predecessors have been prepared from the separate records maintained by Delek and may not necessarily be indicative of the conditions that would have existed or the results of operations if our Predecessors had been operated as unaffiliated entities. For example, our Predecessors did not record revenues for intercompany terminalling or storage services.

Basis of Accounting, Policy [Policy Text Block]

Our unaudited condensed consolidated financial statements have been prepared in conformity with U.S. GAAP applied on a consistent basis with those of the annual audited financial statements included in our Annual Report on Form 10-K for the year ended December 31, 2013 (our "Annual Report on Form 10-K"), filed with the Securities and Exchange Commission (the "SEC") on March 5, 2014.

Use of Estimates, Policy [Policy Text Block]

The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.