INVENTORIES (Tables)

3 Months Ended

Mar. 31, 2016

Inventory Disclosure [Abstract]

Schedule of Inventory

Inventories consisted of the following:

March 31, 2016
	Titled Inventory			Inventory Supply and Intermediation Arrangements			Total
Crude oil and feedstocks	$	1,135,671		$	—		$	1,135,671
Refined products and blendstocks	690,813			400,753			1,091,566
Warehouse stock and other	60,335			—			60,335
	$	1,886,819		$	400,753		$	2,287,572
Lower of cost or market reserve	(900,728		)	(157,545		)	(1,058,273		)
Total inventories	$	986,091		$	243,208		$	1,229,299

December 31, 2015
	Titled Inventory			Inventory Supply and Intermediation Arrangements			Total
Crude oil and feedstocks	$	1,137,605		$	—		$	1,137,605
Refined products and blendstocks	687,389			411,357			1,098,746
Warehouse stock and other	55,257			—			55,257
	$	1,880,251		$	411,357		$	2,291,608
Lower of cost or market reserve	(966,564		)	(150,772		)	(1,117,336		)
Total inventories	$	913,687		$	260,585		$	1,174,272