EQUITY METHOD INVESTMENTS (Tables)

12 Months Ended

Dec. 31, 2019

Equity Method Investments and Joint Ventures [Abstract]

Schedule of equity method investments

At December 31, 2019 and 2018, the carrying values of the Partnership’s equity method investments are as follows:

	Ownership Interest		December 31, 2019		December 31, 2018
			(In thousands)
EPIC Crude Holdings, LP	10	%	$	109,806	$	—
Gray Oak Pipeline, LLC	10	%	115,840		—
Wink to Webster Pipeline LLC	4	%	34,124		—
OMOG JV LLC	60	%	219,098		—
Amarillo Rattler, LLC	50	%	690		—
Total			$	479,558	$	—

The following summarizes the income (loss) of equity method investees reflected in the Consolidated Statement of Operations.

	Year Ended December 31,
	2019			2018		2017
	(In thousands)
EPIC Crude Holdings, LP	$	(6,597	)	$	—	$	—
Gray Oak Pipeline, LLC	831			—		—
Wink to Webster Pipeline LLC	(539		)	—		—
OMOG JV LLC	(24		)	—		—
HMW LLC	—			—		1,366
Total	$	(6,329	)	$	—	$	1,366

The following tables sets forth summarized financial information of the investments in which the Partnership acquired an interest in 2019, as follows:

	As of
	December 31,
	2019
	(In thousands)
Balance Sheet
Current assets	$	550,624
Property, plant and equipment	5,190,371
Other assets	196,470
Total assets	5,937,465
Current liabilities	516,155
Other liabilities	2,051,110
Member's Equity	3,370,200
Total liabilities and member's equity	$	5,937,465

	Year Ended
	December 31,
	2019
Income Statement	(In thousands)
Revenue	$	53,898
Operating expenses	$	116,400
Net income	$	(72,227	)

The carrying value of the Partnership’s equity method investments as of December 31, 2019 was as follows:

	Year Ended
	December 31,
	2019
	(In thousands)
Carrying value of equity method investments	$	479,558