EQUITY INVESTMENTS

6 Months Ended

Jun. 30, 2013

EQUITY INVESTMENTS

EQUITY INVESTMENTS

5.  EQUITY INVESTMENTS

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

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2013		2012		2013		2012
West Shore Pipe Line Company	$	1,323	$	1,419	$	2,573	$	3,104
Muskegon Pipeline LLC	390		156		631		419
Transport4, LLC	140		78		196		78
South Portland Terminal LLC	100		133		182		133
Total earnings from equity investments	$	1,953	$	1,786	$	3,582	$	3,734

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

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2013			2012			2013			2012
Revenue	$	18,940		$	17,683		$	36,316		$	33,982
Costs and expenses	(9,278		)	(9,348		)	(19,213		)	(17,612		)
Non-operating expense	(3,498		)	(2,984		)	(6,120		)	(6,121		)
Net income	$	6,164		$	5,351		$	10,983		$	10,249