Revenue Recognition (Tables)

3 Months Ended

Mar. 31, 2018

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

The following table disaggregates our revenue by segment and by major source for the three months ended March 31, 2018 (in thousands):

	Reporting Segments
	Marketing		Transportation		Total
Revenues from contracts with customers	$	360,085	$	13,618	$	373,703
Other (1)	13,553		—		13,553
Total revenues	$	373,638	$	13,618	$	387,256
Timing of revenue recognition:
Goods transferred at a point in time	$	360,085	$	—	$	360,085
Services transferred over time	—		13,618		13,618
Total revenues from contracts with customers	$	360,085	$	13,618	$	373,703

_______________

(1) Other marketing revenues are recognized under ASC 815, Derivatives and Hedging, and ASC 845, Nonmonetary Transactions – Purchases and Sales of Inventory with the Same Counterparty.

Schedule of New Accounting Pronouncements and Changes in Accounting Principles

Reporting these crude oil contracts on a gross revenue basis would increase our reported revenues as follows for the periods indicated (in thousands):

	Three Months Ended
	March 31,
	2018		2017
Revenue gross-up	$	45,691	$	57,565