XML 68 R39.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Equity Investees (Tables)
12 Months Ended
Dec. 31, 2018
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Consolidated Financial Statements Related To Equity Investees
The following table presents information included in our Consolidated Financial Statements related to our equity investees.
 
 
Year Ended December 31,
 
2018
 
2017
 
2016
Genesis’ share of operating earnings
$
59,255

 
$
66,814

 
$
63,805

Amortization of differences attributable to Genesis' carrying value of equity investments
(15,629
)
 
(15,768
)
 
(15,861
)
Net equity in earnings
$
43,626

 
$
51,046

 
$
47,944

Distributions received
$
71,714

 
$
82,898

 
$
87,220

Schedule of Balance Sheet Information For Equity Investees
The following tables present the combined balance sheet information for the last two years and income statement data for the last three years for our equity investees (on a 100% basis) including the effects of the change in our ownership interest due to the Deepwater acquisition as previously discussed:
 
December 31,
 
2018
 
2017
BALANCE SHEET DATA:
 
 
 
Assets
 
 
 
Current assets
$
34,005

 
$
34,381

Fixed assets, net
346,864

 
362,214

Other assets
15,469

 
14,927

Total assets
$
396,338

 
$
411,522

Liabilities and equity
 
 
 
Current liabilities
$
18,897

 
$
23,289

Other liabilities
250,742

 
249,610

Equity
126,699

 
138,623

Total liabilities and equity
$
396,338

 
$
411,522


Schedule of Operations For Equity Investees
 
Year Ended December 31,
 
2018
 
2017
 
2016
INCOME STATEMENT DATA:
 
 
 
 
 
Revenues
$
180,056

 
$
191,078

 
$
193,038

Operating Income
$
129,160

 
$
139,604

 
$
122,836

Net Income
$
115,669

 
$
134,479

 
$
118,175