PROPERTY, PLANT AND EQUIPMENT (Tables)

12 Months Ended

Dec. 31, 2011

Property, Plant and Equipment

Property, plant and equipment consist of the following at the dates indicated (in thousands):

	Estimated Useful			December 31,
	Lives (Years)			2011			2010
Land		N/A		$	226,750		$	64,905
Rights-of-way		(1	)		109,325			97,529
Pad gas		N/A			29,346			29,346
Buildings and leasehold improvements		13-50			147,454			109,585
Jetties and subsea pipelines		20-50			336,431			—
Gas storage facility		25-50			206,237			196,077
Pipelines and terminals		7-50			2,947,643			1,982,049
Vehicles, equipment and office furnishings		3-20			83,765			72,901
Construction in progress		N/A			178,756			66,642
Total property, plant and equipment					4,265,707			2,619,034
Less: Accumulated depreciation					(418,134	)		(313,150	)
Total property, plant and equipment, net				$	3,847,573		$	2,305,884

(1) Rights-of-way assets are depreciated over the term of the agreement.