XML 56 R37.htm IDEA: XBRL DOCUMENT v3.3.1.900
ACQUISITIONS AND DISPOSITION (Tables)
12 Months Ended
Dec. 31, 2015
Lateral Pipeline from Colonial  
Business Acquisition [Line Items]  
Schedule of purchase price allocated to tangible and intangible assets acquired and liabilities assumed
The purchase price has been allocated to tangible and intangible assets acquired and liabilities assumed as follows (in thousands):
Property, plant and equipment
5,287

Goodwill
2,372

Environmental liabilities
(2,372
)
Allocated purchase price
$
5,287

ExxonMobil Terminal and Pipeline  
Business Acquisition [Line Items]  
Schedule of purchase price allocated to tangible and intangible assets acquired and liabilities assumed
The purchase price has been allocated to tangible and intangible assets acquired and liabilities assumed as follows (in thousands):
Property, plant and equipment
$
3,951

Goodwill
8,254

Asset retirement obligation
(4,200
)
Environmental liabilities
(293
)
Allocated purchase price
$
7,712

Buckeye Texas  
Business Acquisition [Line Items]  
Schedule of purchase price allocated to tangible and intangible assets acquired and liabilities assumed
The purchase price has been allocated to tangible and intangible assets acquired and liabilities assumed as follows (in thousands):
Current assets
$
23,061

Property, plant and equipment
527,390

Intangible assets
376,000

Goodwill
167,379

Current liabilities
(54,943
)
Noncontrolling interests
(207,778
)
Allocated purchase price
$
831,109

Hess Terminals Acquisition  
Business Acquisition [Line Items]  
Schedule of purchase price allocated to tangible and intangible assets acquired and liabilities assumed
The purchase price has been allocated to tangible and intangible assets acquired and liabilities assumed as follows (in thousands):
Current assets
$
16,533

Property, plant and equipment
802,101

Intangible assets
30,520

Goodwill
9,375

Current liabilities
(882
)
Environmental liabilities
(1,270
)
Allocated purchase price
$
856,377

Schedule of pro forma revenue and net income related to assets acquired
The following table summarizes revenue and net income related to the assets acquired from Hess included in our consolidated statements of operations for the year ended December 31, 2013 (in thousands):
Revenue
$
8,734

Net income (1) 
(7,657
)
____________________________
(1)
Includes transition expenses of $11.8 million.