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SUBSEQUENT EVENTS
6 Months Ended
Jun. 30, 2018
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS
Dividend Declared
On August 2, 2018, PBF Energy, PBF Holding’s indirect parent, announced a dividend of $0.30 per share on its outstanding Class A common stock. The dividend is payable on August 30, 2018 to PBF Energy Class A common stockholders of record at the close of business on August 15, 2018.
Development Assets Acquisition
Pursuant to contribution agreements entered into on July 16, 2018, PBF Holding contributed certain of its subsidiaries (the “Development Assets Acquisition”) to PBF LLC. PBFX Op Co, PBFX’s wholly owned subsidiary, in turn acquired the subsidiary assets from PBF LLC that included the Toledo Rail Products Facility, an unloading and loading rail facility; the Chalmette Truck Rack, a truck loading rack facility; the Chalmette Rosin Yard, a rail yard facility; the Paulsboro Lube Oil Terminal, a lubes oil terminal facility; and the Delaware Ethanol Storage Facility, an ethanol storage facility (collectively, the “Development Assets”). The Development Assets Acquisition closed on July 31, 2018 for total consideration of $31,586 consisting of 1,494,134 common units of PBFX issued to PBF LLC.