EQUITY INVESTMENTS

9 Months Ended

Sep. 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						Nine Months Ended
	September 30,						September 30,
	2013			2012			2013		2012
West Shore Pipe Line Company	$	1,569		$	(220	)	$	4,142	$	2,884
Muskegon Pipeline LLC	(377		)	303			254		722
Transport4, LLC	90			113			286		191
South Portland Terminal LLC	107			357			289		490
Total earnings from equity investments	$	1,389		$	553		$	4,971	$	4,287

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						Nine Months Ended
	September 30,						September 30,
	2013			2012			2013			2012
Revenue	$	22,218		$	21,233		$	58,534		$	55,215
Costs and expenses	(15,563		)	(16,549		)	(34,776		)	(34,161		)
Non-operating expense	(3,145		)	(1,061		)	(9,265		)	(7,182		)
Net income	$	3,510		$	3,623		$	14,493		$	13,872