XML 86 R72.htm IDEA: XBRL DOCUMENT v3.5.0.2
Commitments and Contingencies, Liquidity Option Agreement (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Dec. 31, 2015
Fair Value Measurements, Recurring, Valuation Techniques [Line Items]          
Number of units held by limited partner 54,807,352   54,807,352    
Liquidity Option Agreement [Abstract]          
Liquidity Option Agreement $ 273.1   $ 273.1   $ 245.1
Change in fair value of Liquidity Option Agreement 6.9 $ 4.3 28.0 $ 15.8  
Liquidity Option Agreement [Member]          
Fair Value Measurements, Recurring, Valuation Techniques [Line Items]          
Fair value inputs, Assumed long-term debt     $ 2,200.0    
Fair value inputs, Interest rate on assumed debt of OTA following option exercise     4.75%    
Increase in fair value of liquidity option agreement excluding assumption of debt 211.1   $ 211.1    
Fair value inputs, Life of debt assumed after Liquidity option is exercised     30 years    
Fair value inputs, federal and state tax rate     38.00%    
Cash flow projections discount rate     7.50%    
Fair value inputs, weighted-average expected ownership percentage of contributed units at beginning of option period     83.00%    
Increase in fair value of liquidity option agreement assuming retention of all units $ 56.7   $ 56.7    
Liquidity Option Agreement [Abstract]          
Other Commitments, Description     We entered into a put option agreement (the “Liquidity Option Agreement”) with OTA and Marquard & Bahls (“M&B”) in connection with the Oiltanking acquisition. Under the Liquidity Option Agreement, we granted M&B the option to sell to us 100% of the issued and outstanding capital stock of OTA at any time within a 90-day period commencing on February 1, 2020.    
Liquidity Option Agreement [Member] | Maximum [Member]          
Fair Value Measurements, Recurring, Valuation Techniques [Line Items]          
Fair value inputs, Expected life of OTA following option exercise     30 years    
Fair value inputs, Estimated growth rates in Enterprise earnings before interest, taxes, depreciation and amortization     15.00%    
Fair value inputs, OTA ownership interest in Enterprise common units     2.60%    
Fair value inputs, Forecasted yield on Enterprise common units     6.60%    
Liquidity Option Agreement [Member] | Minimum [Member]          
Fair Value Measurements, Recurring, Valuation Techniques [Line Items]          
Fair value inputs, Expected life of OTA following option exercise     1 year    
Fair value inputs, Estimated growth rates in Enterprise earnings before interest, taxes, depreciation and amortization     2.00%    
Fair value inputs, OTA ownership interest in Enterprise common units     1.90%    
Fair value inputs, Forecasted yield on Enterprise common units     5.80%