Revenue Recognition

12 Months Ended

Dec. 31, 2018

Revenue from Contract with Customer [Abstract]

Revenue Recognition

Note 5—Revenue Recognition

As of December 31, 2018 and December 31, 2017, receivables from contracts with customers were $148.4 million and $112.3 million, respectively. Our refining segment recognizes deferred revenues when cash payments are received in advance of delivery of products to the customer. Deferred revenue was $6.7 million and $9.5 million as of December 31, 2018 and December 31, 2017, respectively. We have elected to apply a practical expedient not to disclose the value of unsatisfied performance obligations for (i) contracts with an original expected duration of less than one year and (ii) contracts where the variable consideration has been allocated entirely to our unsatisfied performance obligation.

The following table provides information about disaggregated revenue by major product line and includes a reconciliation of the disaggregated revenue with reportable segments (in thousands):

Year Ended December 31, 2018	Refining		Logistics		Retail
Product or service:
Gasoline	$	981,090	$	—	$	317,434
Distillates (1)	1,770,381		—		39,835
Other refined products (2)	458,596		—		—
Merchandise	—		—		83,771
Transportation and terminalling services	—		125,743		—
Total segment revenues (3)	$	3,210,067	$	125,743	$	441,040

_______________________________________________________

(1) Distillates primarily include diesel and jet fuel.

(2) Other refined products include fuel oil, gas oil, and naphtha.

(3) Refer to Note 20—Segment Information for the reconciliation of segment revenues to total consolidated revenues.