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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2015
Accounting Policies [Abstract]  
Schedule of Revenues

Revenues for the indicated years comprise the following:

 

 

2015

 

 

2014

 

 

2013

 

Transportation Revenue - third party

$

214.3

 

 

$

146.5

 

 

$

55.1

 

Transportation Revenue - related party

 

96.2

 

 

 

86.1

 

 

 

71.5

 

Total transportation revenue

 

310.5

 

 

 

232.6

 

 

 

126.6

 

 

 

 

 

 

 

 

 

 

 

 

 

Storage services revenue - third party

 

8.5

 

 

 

8.5

 

 

 

9.9

 

Storage services revenue - related party

 

7.5

 

 

 

9.2

 

 

 

11.3

 

Total storage revenue

 

16.0

 

 

 

17.7

 

 

 

21.2

 

Total revenue

$

326.5

 

 

$

250.3

 

 

$

147.8

 

 

Summary of Net Purchase Cost Adjustment and Amortization of Equity Method Investment

The following table shows our net purchase cost adjustment and amortization of such regarding our equity method investments as of 2015 and 2014:

 

 

 

Mars

 

 

Bengal (1)

 

 

Poseidon (2)

 

 

Total

 

Acquired on November 3, 2014

 

$

12.2

 

 

$

(6.3

)

 

$

 

 

$

5.9

 

Amortization

 

 

0.1

 

 

 

 

 

 

 

 

 

0.1

 

Balance as of December 31, 2014

 

 

12.1

 

 

 

(6.3

)

 

 

 

 

 

5.8

 

July 2015 Acquisition

 

 

 

 

 

 

 

 

10.7

 

 

 

10.7

 

Amortization

 

 

1.0

 

 

 

(0.3

)

 

 

0.4

 

 

 

1.1

 

Balance as of December 31, 2015

 

$

11.1

 

 

$

(6.0

)

 

$

10.3

 

 

$

15.4

 

 

 

(1) Our equity investment balance is recorded net of a deferred gain upon the formation of the joint venture in Bengal.

(2)  We acquired an equity interest in Poseidon on July 1, 2015. For additional information regarding this transaction, see Note 3 - Acquisitions.

Schedule of Change in Asset Retirement Obligations

A reconciliation of changes in asset retirement obligations for 2015 and 2014 is as follows:

 

 

 

 

 

 

 

2015

 

 

2014

 

Balance at beginning of year

 

$

1.3

 

 

$

1.2

 

Accretion expense

 

 

 

 

 

0.1

 

Balance at end of year

 

$

1.3

 

 

$

1.3