EQUITY INVESTMENTS (Tables)

12 Months Ended

Dec. 31, 2015

Equity Method Investments and Joint Ventures [Abstract]

Schedule of equity investments

The following table presents our equity investments, all included within the Domestic Pipelines & Terminals segment, at the dates indicated (in thousands):

		December 31,
	Ownership	2015		2014
West Shore Pipe Line Company	34.6%	$	60,441	$	57,123
Muskegon Pipeline LLC	40.0%	13,599		16,175
Transport4, LLC	25.0%	459		503
South Portland Terminal LLC	50.0%	9,629		9,048
Total equity investments		$	84,128	$	82,849

Schedule of earnings from equity investments

The following table presents earnings from equity investments for the periods indicated (in thousands):

	Year Ended December 31,
	2015			2014		2013
West Shore Pipe Line Company	$	7,070		$	8,621	$	4,176
Muskegon Pipeline LLC	(2,876		)	1,059		(77		)
Transport4, LLC	606			470		361
South Portland Terminal LLC	1,581			1,115		783
Total earnings from equity investments	$	6,381		$	11,265	$	5,243

Summary of combined financial information for equity method investments

Summarized combined financial information for our equity method investments are as follows for the periods indicated (amounts represent 100% of investee financial information in thousands):

	December 31,
	2015		2014
BALANCE SHEET DATA:
Current assets	$	26,910	$	62,437
Noncurrent assets	126,456		109,347
Total assets	$	153,366	$	171,784
Current liabilities	$	11,474	$	28,242
Other liabilities	43,344		50,598
Combined equity	98,548		92,944
Total liabilities and combined equity	$	153,366	$	171,784

	Year Ended December 31,
	2015			2014			2013
INCOME STATEMENT DATA:
Revenue	$	92,501		$	88,417		$	79,266
Costs and expenses	(56,906		)	(48,563		)	(58,697		)
Non-operating expense	(15,903		)	(13,826		)	(6,808		)
Net income	$	19,692		$	26,028		$	13,761