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DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES - Gains and Losses on Derivative Instruments (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Hedge Ineffectiveness        
Ineffectiveness excluding the time value component on fair value hedging instruments:        
Net gain (loss) in income $ 2,985 $ (910) $ 16,037 $ (12,889)
Futures contracts for refined products        
Derivatives designated as fair value hedging instruments:        
Futures contracts for refined products     (11,300)  
Derivatives NOT Designated as Hedging Instruments | Product sales | Physical fixed price derivative contracts        
Derivatives NOT designated as hedging instruments:        
Gains (losses) on derivative instruments recognized in income 301 15,731 (7,263) 19,660
Derivatives NOT Designated as Hedging Instruments | Product sales | Physical index derivative contracts        
Derivatives NOT designated as hedging instruments:        
Gains (losses) on derivative instruments recognized in income 142 (299) 130 (309)
Derivatives NOT Designated as Hedging Instruments | Cost of product sales | Physical fixed price derivative contracts        
Derivatives NOT designated as hedging instruments:        
Gains (losses) on derivative instruments recognized in income 479 3,600 7,965 10,191
Derivatives NOT Designated as Hedging Instruments | Cost of product sales | Physical index derivative contracts        
Derivatives NOT designated as hedging instruments:        
Gains (losses) on derivative instruments recognized in income 30 (288) 193 (224)
Derivatives NOT Designated as Hedging Instruments | Cost of product sales | Futures contracts for refined products        
Derivatives NOT designated as hedging instruments:        
Gains (losses) on derivative instruments recognized in income (307) (10,992) 4,326 2,591
Derivatives Designated as Hedging Instruments | Cost of product sales | Hedge Ineffectiveness        
Ineffectiveness excluding the time value component on fair value hedging instruments:        
Fair value hedge ineffectiveness (excluding time value) (4,262) 2,626 (4,275) 2,476
Time value excluded from hedge assessment 7,247 (3,536) 20,312 (15,365)
Derivatives Designated as Hedging Instruments | Cost of product sales | Futures contracts for refined products        
Derivatives designated as fair value hedging instruments:        
Futures contracts for refined products (635) 54,514 (27,590) 21,959
Derivatives Designated as Hedging Instruments | Cost of product sales | Physical inventory - hedged items        
Derivatives designated as fair value hedging instruments:        
Physical inventory - hedged items $ 3,620 $ (55,424) $ 43,627 $ (34,848)