Property and Equipment

12 Months Ended

Dec. 31, 2015

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT

5. PROPERTY AND EQUIPMENT

Major classes of property and equipment consisted of the following (in thousands):

	December 31, 2015 (a)
	Non-Leased Assets			Assets Under Operating Leases (b)			Total
Pipelines and related assets	$	228,586		$	46,739		$	275,325
Terminals and related assets	276,263			580,194			856,457
Other	9,352			—			9,352
Land	4,672			—			4,672
Construction-in-progress	31,037			—			31,037
Property and equipment, at cost	549,910			626,933			1,176,843
Accumulated depreciation	(180,543		)	(145,019		)	(325,562		)
Property and equipment, net	$	369,367		$	481,914		$	851,281

	December 31, 2014 (a)
	Non-Leased Assets			Assets Under Operating Leases (b)			Total
Pipelines and related assets	$	227,780		$	45,695		$	273,475
Terminals and related assets	683,571			72,326			755,897
Other	9,439			—			9,439
Land	4,672			—			4,672
Construction-in-progress	75,824			—			75,824
Property and equipment, at cost	1,001,286			118,021			1,119,307
Accumulated depreciation	(267,030		)	(19,019		)	(286,049		)
Property and equipment, net	$	734,256		$	99,002		$	833,258
(a) Financial information has been retrospectively adjusted for the acquisition of the Meraux and Three Rivers Terminal Services Business.
(b) Represents assets owned by us for which we are the lessor (see Note 4). Certain assets acquired in the acquisitions of the Houston and St. Charles Terminal Services Business and the Corpus Christi Terminal Services Business were reflected as assets under operating leases subsequent to the acquisitions on March 1, 2015 and October 1, 2015, respectively.

We have certain pipeline assets under capital lease agreements totaling $14.9 million as of December 31, 2015 and 2014. Accumulated amortization on assets under capital leases was $14.1 million and $13.0 million as of December 31, 2015 and 2014, respectively.