Property, Plant and Equipment, Net

9 Months Ended

Sep. 30, 2014

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

5. Property, Plant and Equipment, Net

Property, plant and equipment, net was as follows:



	September 30, 2014			December 31, 2013
	(In thousands)
Buildings and improvements	$	5,428		$	5,428
Pipelines and related assets	75,782			71,103
Terminals and related assets	106,001			103,361
Asphalt plant, terminals and related assets	22,714			22,714
	209,925			202,606
Accumulated depreciation	(76,331		)	(66,289		)
	133,594			136,317
Construction in progress	13,821			9,301
Property, plant and equipment, net	$	147,415		$	145,618

Depreciation expense was $3.3 million, $10.0 million, $4.1 million and $9.9 million for the three and nine months ended September 30, 2014 and 2013, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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