XML 56 R30.htm IDEA: XBRL DOCUMENT v2.4.1.9
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2014
Accounting Policies [Abstract]  
Useful lives of property, plant and equipment
Depreciation is computed using the straight-line method over the following estimated useful lives:
 
 
 
 
Process units and equipment
  
5-25 years
Pipeline and equipment
  
5-25 years
Buildings
  
25 years
Computers, furniture and fixtures
  
3-7 years
Leasehold improvements
  
20 years
Railcars
 
50 years
Property, plant and equipment consisted of the following:
 
 
 
December 31,
2014
 
December 31,
2013
Land
 
$
59,575

 
$
61,780

Process units, pipelines and equipment
 
1,843,157

 
1,658,256

Buildings and leasehold improvements
 
28,397

 
25,577

Computers, furniture and fixtures
 
68,431

 
54,496

Construction in progress
 
69,413

 
166,565

 
 
2,068,973

 
1,966,674

Less—Accumulated depreciation
 
(262,913
)
 
(185,085
)
 
 
$
1,806,060

 
$
1,781,589