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DERIVATIVES (Tables)
 9 Months Ended
Sep. 30, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Fair Value of Derivative Instruments
The following tables provide information about the fair values of these derivative instruments as of September 30, 2017 and December 31, 2016 and the line items in the condensed consolidated balance sheet in which the fair values are reflected.
Description

Balance Sheet Location
Fair Value
Asset/(Liability)
Derivatives designated as hedging instruments:
 
 
September 30, 2017:
 
 
Derivatives included with the inventory intermediation agreement obligations
Accrued expenses
$
(20,601
)
December 31, 2016:
 
 
Derivatives included with the inventory intermediation agreement obligations
Accrued expenses
$
6,058

 
 
 
Derivatives not designated as hedging instruments:
 
 
September 30, 2017:
 
 
Commodity contracts
Accrued expenses
$
(5,016
)
December 31, 2016:
 
 
Commodity contracts
Accrued expenses
$
3,508
Schedule of Derivative Instruments, Gain (Loss) Recognized in Income
The following table provides information about the gains or losses recognized in income on these derivative instruments and the line items in the condensed consolidated statements of operations in which such gains and losses are reflected.
Description
Location of Gain or (Loss) Recognized in
 Income on Derivatives
Gain or (Loss)
Recognized in
Income on Derivatives
Derivatives designated as hedging instruments:
 
 
For the three months ended September 30, 2017:
 
 
Derivatives included with the inventory intermediation agreement obligations
Cost of products and other
$
(29,766
)
For the three months ended September 30, 2016:
 
 
Derivatives included with the inventory intermediation agreement obligations
Cost of products and other
$
(3,145
)
For the nine months ended September 30, 2017:
 
 
Derivatives included with the inventory intermediation agreement obligations
Cost of products and other
$
(26,659
)
For the nine months ended September 30, 2016:
 
 
Derivatives included with the inventory intermediation agreement obligations
Cost of products and other
$
(29,317
)
 
 
 
Derivatives not designated as hedging instruments:
 
 
For the three months ended September 30, 2017:
 
 
Commodity contracts
Cost of products and other
$
(17,291
)
For the three months ended September 30, 2016:
 
 
Commodity contracts
Cost of products and other
$
(15,559
)
For the nine months ended September 30, 2017:
 
 
Commodity contracts
Cost of products and other
$
(2,606
)
For the nine months ended September 30, 2016:
 
 
Commodity contracts
Cost of products and other
$
(54,646
)
 
 
 
Hedged items designated in fair value hedges:
 
 
For the three months ended September 30, 2017:
 
 
Intermediate and refined product inventory
Cost of products and other
$
29,766

For the three months ended September 30, 2016:
 
 
Intermediate and refined product inventory
Cost of products and other
$
3,145

For the nine months ended September 30, 2017:
 
 
Intermediate and refined product inventory
Cost of products and other
$
26,659

For the nine months ended September 30, 2016:
 
 
Intermediate and refined product inventory
Cost of products and other
$
29,317