INCOME TAXES	6 Months Ended
Jun. 30, 2015
INCOME TAXES [Abstract]
INCOME TAXES	13. INCOME TAXES We are not a taxable entity for United States federal income tax purposes or for the majority of states that impose an income tax. Taxes on our net income generally are borne by our unitholders through the allocation of taxable income. Our income tax expense results from the enactment of franchise tax laws by the State of Texas that apply to entities organized as partnerships, and which is based upon many but not all items included in net income. We computed our income tax expense by applying a Texas state income tax rate to modified gross margin. Our Texas state income tax rate was 0.4% for the six months ended June 30, 2015 and 2014. Our income tax benefit was $3.8 million and $1.4 million for the three and six months ended June 30, 2015, respectively. Our income tax expense was $2.0 million and $4.0 million for the three and six months ended June 30, 2014, respectively. At June 30, 2015 and December 31, 2014, we included a current income tax payable of $0.5 million and $1.5 million, respectively, in “Property and other taxes payable” on our consolidated statements of financial position. In addition, at June 30, 2015 and December 31, 2014, we included a deferred income tax payable of $17.9 million and $21.7 million, respectively, in “Other long-term liabilities,” on our consolidated statements of financial position to reflect the tax associated with the difference between the net basis in assets and liabilities for financial and state tax reporting. The Texas Legislature passed House Bill 32, and the tax bill was subsequently signed into law in June of 2015. The bill applies to original reports filed on or after January 1, 2016, and permanently reduces Texas franchise tax rates. Specifically, the general 1.0% rate will be reduced to 0.75%. As a result of this change, we have recorded a reduction in our deferred income tax payable reflected in “Other long-term liabilities” on our consolidated statement of financial position of approximately $5.4 million at June 30, 2015.

INCOME TAXES

6 Months Ended

Jun. 30, 2015

13. INCOME TAXES

We are not a taxable entity for United States federal income tax purposes or for the majority of states that impose an income tax. Taxes on our net income generally are borne by our unitholders through the allocation of taxable income. Our income tax expense results from the enactment of franchise tax laws by the State of Texas that apply to entities organized as partnerships, and which is based upon many but not all items included in net income.

We computed our income tax expense by applying a Texas state income tax rate to modified gross margin. Our Texas state income tax rate was 0.4% for the six months ended June 30, 2015 and 2014. Our income tax benefit was $3.8 million and $1.4 million for the three and six months ended June 30, 2015, respectively. Our income tax expense was $2.0 million and $4.0 million for the three and six months ended June 30, 2014, respectively.

At June 30, 2015 and December 31, 2014, we included a current income tax payable of $0.5 million and $1.5 million, respectively, in “Property and other taxes payable” on our consolidated statements of financial position. In addition, at June 30, 2015 and December 31, 2014, we included a deferred income tax payable of $17.9 million and $21.7 million, respectively, in “Other long-term liabilities,” on our consolidated statements of financial position to reflect the tax associated with the difference between the net basis in assets and liabilities for financial and state tax reporting.

The Texas Legislature passed House Bill 32, and the tax bill was subsequently signed into law in June of 2015. The bill applies to original reports filed on or after January 1, 2016, and permanently reduces Texas franchise tax rates. Specifically, the general 1.0% rate will be reduced to 0.75%. As a result of this change, we have recorded a reduction in our deferred income tax payable reflected in “Other long-term liabilities” on our consolidated statement of financial position of approximately $5.4 million at June 30, 2015.