Organization and Basis of Presentation

9 Months Ended

Sep. 30, 2013

1. Organization and Basis of Presentation [Abstract]

Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]

Organization and Basis of Presentation

Western Refining Logistics, LP ("WNRL") is a Delaware limited partnership formed in July 2013 by Western Refining Logistics GP, LLC ("WRGP"), our general partner. WRGP is owned 100% by Western Refining, Inc. ("Western") and holds all of the non-economic general partner interests in WNRL. Western Refining Company, L.P. and Western Refining Southwest, Inc., each wholly-owned subsidiaries of Western, collectively hold a 65.3% limited partner interest in WNRL as of October 16, 2013, with the remaining 34.7% limited partner interest being held by public unitholders. See Note 9, Subsequent Events, for further discussion.

We engage in the gathering, transportation, storage and terminalling of crude oil and refined products and the storage, processing and terminalling of asphalt. Most of our assets are integral to the operations of Western’s refineries located in El Paso, Texas and Gallup, New Mexico. Primarily, we operate in West Texas, New Mexico, and Arizona. Giving effect to the initial public offering of WNRL, we generate substantially all of our revenues from transactions with Western.

The accompanying condensed combined financial statements and related notes present the combined financial position, results of operations, cash flows and division equity of Western Refining Logistics, LP, Predecessor, our predecessor for accounting purposes (the “Predecessor"). We have not reported comprehensive income due to the absence of items of other comprehensive income or loss during the periods presented. The condensed combined financial statements include financial data at historical cost as the contribution of assets is considered to be a reorganization of entities under common control. The Predecessor has not historically operated the Contributed Assets (see Note 9, Subsequent Events, for further discussion of the Contributed Assets) to generate revenues independent of other Western businesses that they support. The Condensed Combined Statements of Operations also include expense allocations for certain functions historically performed by Western and not allocated to the Contributed Assets including allocations of general corporate expenses related to executive oversight, accounting, treasury, tax, legal, information technology and procurement; and operational support services such as engineering and logistics. These allocations were based on relative values of net property, plant and equipment, level of effort, and Western employee head count. Our management believes the assumptions underlying the condensed combined financial statements, including the assumptions regarding allocation of expenses from Western are reasonable. The condensed combined financial statements may not include all of the expenses that would have been incurred had we been a stand-alone company during the periods presented and may not reflect our combined results of operations, financial position, or cash flows had we been a stand-alone company during the periods presented.

The accompanying unaudited condensed combined financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. In the opinion of management, we have included all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation. Operating results for the three and nine months ended September 30, 2013 are not necessarily indicative of the results that may be expected for the year ending December 31, 2013, or for any other period.

The Condensed Combined Balance Sheet at December 31, 2012 has been derived from the audited financial statements at that date but does not include all of the information and footnotes required by GAAP for complete financial statements. The accompanying condensed combined financial statements should be read in conjunction with the combined financial statements and notes thereto included in our prospectus dated October 10, 2013, as filed with the Securities and Exchange Commission ("SEC") on October 10, 2013.