XML 26 R11.htm IDEA: XBRL DOCUMENT v3.6.0.2
Property, Plant and Equipment
12 Months Ended
Dec. 31, 2016
Property Plant And Equipment [Abstract]  
Property, Plant and Equipment

Note 5—Property, Plant and Equipment

The Partnership’s property, plant and equipment consisted of (in thousands):

 

  

 

As of December 31,

 

 

 

2016

 

 

2015

 

Land

 

$

78,455

 

 

$

74,855

 

Buildings and site improvements

 

 

84,976

 

 

 

77,514

 

Tanks and trim

 

 

124,438

 

 

 

111,076

 

Pipelines

 

 

20,507

 

 

 

20,364

 

Machinery and equipment

 

 

121,278

 

 

 

118,503

 

Office furniture and equipment

 

 

1,152

 

 

 

561

 

Construction in progress

 

 

14,917

 

 

 

12,306

 

 

 

 

445,723

 

 

 

415,179

 

Less:  Accumulated depreciation

 

 

(50,212

)

 

 

(34,508

)

Property, plant and equipment, net

 

$

395,511

 

 

$

380,671

 

Due to a change in the operating logistics at the Partnership’s Chillicothe, IL terminal (the “Chillicothe Terminal”) in April 2013, the Partnership evaluated the Chillicothe Terminal and based upon the inability to enter into a service agreement with a new or existing customer, the Partnership recognized a non-cash impairment loss of approximately $6.1 million as of December 31, 2014. The net impact of this impairment is reflected in “Long-lived asset impairment” in the accompanying consolidated statement of operations and comprehensive income.