Properties, Plants and Equipment

12 Months Ended

Dec. 31, 2012

Property, Plant and Equipment [Abstract]



	December 31,
	2012			2011
	(In thousands)
Land, buildings and improvements	$	198,610		$	168,108
Refining facilities	2,261,733			2,106,900
Pipelines and terminals	1,113,080			922,866
Transportation vehicles	29,970			29,418
Other fixed assets	105,075			97,676
Construction in progress	234,646			306,819
	3,943,114			3,631,787
Accumulated depreciation	(748,414		)	(578,882		)
	$	3,194,700		$	3,052,905

We capitalized interest attributable to construction projects of $9.1 million, $17.2 million and $7.2 million for the years ended December 31, 2012, 2011 and 2010, respectively.

Depreciation expense was $182.9 million, $125.0 million and $94.0 million for the years ended December 31, 2012, 2011 and 2010, respectively. For the years ended December 31, 2012, 2011 and 2010, depreciation expense included $55.5 million, $31.2 million and $26.9 million, respectively, attributable to HEP operations.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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