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DERIVATIVES (Tables)
12 Months Ended
Dec. 31, 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 December 31, 2017 and December 31, 2016 and the line items in the consolidated balance sheet in which the fair values are reflected.
Description

Balance Sheet Location
Fair Value
Asset/(Liability)
Derivatives designated as hedging instruments:
 
 
December 31, 2017:
 
 
Derivatives included with the inventory intermediation agreement obligations
Accrued expenses
$
(7,721
)
December 31, 2016:
 
 
Derivatives included with the inventory intermediation agreement obligations
Accrued expenses
$
6,058

 
 
 
Derivatives not designated as hedging instruments:
 
 
December 31, 2017:
 
 
Commodity contracts
Accrued expenses
$
(74,320
)
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 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 year ended December 31, 2017:
 
 
Derivatives included with the inventory intermediation agreement obligations
Cost of products and other
$
(13,779
)
For the year ended December 31, 2016:
 
 
Derivatives included with the inventory intermediation agreement obligations
Cost of products and other
$
(29,453
)
For the year ended December 31, 2015
 
 
Derivatives included with inventory supply arrangement obligations
Cost of products and other
$
(4,251
)
Derivatives included with the inventory intermediation agreement obligations
Cost of products and other
$
(59,323
)
Derivatives not designated as hedging instruments:
 
 
For the year ended December 31, 2017:
 
 
Commodity contracts
Cost of products and other
$
(85,443
)
For the year ended December 31, 2016:
 
 
Commodity contracts
Cost of products and other
$
(55,557
)
For the year ended December 31, 2015
 
 
Commodity contracts
Cost of products and other
$
32,416

 
 
 
Hedged items designated in fair value hedges:
 
 
For the year ended December 31, 2017:
 
 
Intermediate and refined product inventory
Cost of products and other
$
13,779

For the year ended December 31, 2016:
 
 
Intermediate and refined product inventory
Cost of products and other
$
29,453

For the year ended December 31, 2015
 
 
Crude oil and feedstock inventory
Cost of products and other
$
4,251

Intermediate and refined product inventory
Cost of products and other
$
59,323