XML 26 R13.htm IDEA: XBRL DOCUMENT v3.4.0.3
Intangible Assets
3 Months Ended
Mar. 31, 2016
Intangible Assets, Net (Excluding Goodwill) [Abstract]  
Intangible Assets
Intangible Assets
The following table summarizes the components of our intangible assets at the dates indicated:
 
 
March 31, 2016
 
December 31, 2015
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Carrying
Value
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Carrying
Value
Refinery Services:
 
 
 
 
 
 
 
 
 
 
 
Customer relationships
$
94,654

 
$
87,153

 
$
7,501

 
$
94,654

 
$
86,285

 
$
8,369

Licensing agreements
38,678

 
32,322

 
6,356

 
38,678

 
31,694

 
6,984

Segment total
133,332

 
119,475

 
13,857

 
133,332

 
117,979

 
15,353

Supply & Logistics:
 
 
 
 
 
 
 
 
 
 
 
Customer relationships
35,430

 
32,452

 
2,978

 
35,430

 
32,044

 
3,386

Intangibles associated with lease
13,260

 
4,104

 
9,156

 
13,260

 
3,986

 
9,274

Segment total
48,690

 
36,556

 
12,134

 
48,690

 
36,030

 
12,660

Marine contract intangibles
27,000

 
2,250

 
24,750

 
27,000

 
900

 
26,100

Offshore pipeline contract intangibles
158,101

 
5,547

 
152,554

 
158,101

 
3,467

 
154,634

Other
26,151

 
8,660

 
17,491

 
22,819

 
8,120

 
14,699

Total
$
393,274

 
$
172,488

 
$
220,786

 
$
389,942

 
$
166,496

 
$
223,446


Our amortization of intangible assets for the periods presented was as follows:
 
Three Months Ended
March 31,
 
2016
 
2015
Amortization of intangible assets
$
5,992

 
$
4,037


We estimate that our amortization expense for the next five years will be as follows:
Remainder of
2016
$
18,322

 
2017
$
23,273

 
2018
$
21,157

 
2019
$
16,830

 
2020
$
15,929