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Derivative Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule Of NYMEX Contracts And Butane Price Swap Purchase Agreements
As outlined in the table below, our open NYMEX contracts at December 31, 2015 were as follows:
Type of Contract/Accounting Methodology
 
Product Represented by the Contract and Associated Barrels
 
Maturity Dates
NYMEX - Fair Value Hedges
 
0.7 million barrels of crude oil
 
Between January 2016 and November 2017
NYMEX - Economic Hedges
 
4.5 million barrels of refined products and crude oil
 
Between January and December 2016
NYMEX - Economic Hedges
 
0.9 million barrels of butane
 
Between January and December 2016
Derivatives and Offset Amounts [Table Text Block]
December 31, 2014 and 2015 (in thousands):
 
 
December 31, 2014
Description
 
Gross Amounts of Recognized Assets
 
Gross Amounts of Liabilities Offset in the Consolidated Balance Sheets
 
Net Amounts of Assets Presented in the Consolidated Balance Sheets(1)
 
Margin Deposit Amounts Not Offset in the Consolidated Balance Sheets
 
Net Asset Amount(3)
Energy commodity derivatives
 
$
106,764

 
$
(10,622
)
 
$
96,142

 
$
(78,279
)
 
$
17,863

 
 
 
 
 
 
 
 
 
 
 

 
 
December 31, 2015
Description
 
Gross Amounts of Recognized Assets
 
Gross Amounts of Liabilities Offset in the Consolidated Balance Sheets
 
Net Amounts of Assets Presented in the Consolidated Balance Sheets(2)
 
Margin Deposit Amounts Not Offset in the Consolidated Balance Sheets
 
Net Asset Amount(3)
Energy commodity derivatives
 
$
48,367

 
$
(5,646
)
 
$
42,721

 
$
(24,252
)
 
$
18,469

 
 
 
 
 
 
 
 
 
 
 

(1) Net amount includes energy commodity derivative contracts classified as current assets, net, of $87,151, current liabilities of $5,413 and noncurrent assets of $14,404.

(2) Net amount includes energy commodity derivative contracts classified as current assets, net, of $39,243 and noncurrent assets of $3,478.

(3) This represents the maximum amount of loss we would incur if our counterparties failed to perform on their derivative contracts.
Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss) [Table Text Block]
The changes in derivative activity included in AOCL for the years ended December 31, 2013, 2014 and 2015 were as follows (in thousands):
 
 
Year Ended December 31,
Derivative Gains (Losses) Included in AOCL
 
2013
 
2014
 
2015
Beginning balance
 
$
14,126

 
$
13,627

 
$
(16,587
)
Net loss on interest rate contract cash flow hedges
 
(4,744
)
 
(30,090
)
 
(14,904
)
Reclassification of net loss (gain) on cash flow hedges to income
 
4,245

 
(124
)
 
1,365

Ending balance
 
$
13,627

 
$
(16,587
)
 
$
(30,126
)
Derivatives And Hedging-Cash Flow Hedges
The following is a summary of the effect on our consolidated statements of income for the years ended December 31, 2013, 2014 and 2015 of derivatives accounted for under ASC 815-30, Derivatives and Hedging—Cash Flow Hedges, that were designated as hedging instruments (in thousands).
 
 
Year Ended December 31, 2013
Derivative Instrument
 
Amount of Loss Recognized in AOCL on  Derivative
 
Location of Gain (Loss) Reclassified from AOCL into Income
 
Amount of Gain (Loss) Reclassified from AOCL into Income
 
 
 
Effective Portion
 
Ineffective Portion
Interest rate contracts
 
 
$
(184
)
 
 
Interest expense
 
 
$
163

 
 
 
$

 
NYMEX commodity contracts
 
 
(4,560
)
 
 
Product sales revenue
 
 
(4,408
)
 
 
 

 
Total cash flow hedges
 
 
$
(4,744
)
 
 
Total
 
 
$
(4,245
)
 
 
 
$

 

 
 
Year Ended December 31, 2014
Derivative Instrument
 
Amount of Loss Recognized in AOCL on  Derivative
 
Location of Gain (Loss) Reclassified from AOCL into Income
 
Amount of Gain (Loss) Reclassified from AOCL into Income
 
 
 
Effective Portion
 
Ineffective Portion
Interest rate contracts
 
 
$
(30,090
)
 
 
Interest expense
 
 
$
(242
)
 
 
 
$
366

 


 
 
Year Ended December 31, 2015
Derivative Instrument
 
Amount of Loss Recognized in AOCL on  Derivative
 
Location of Loss Reclassified from AOCL into Income
 
Amount of Loss Reclassified from AOCL into Income
 
 
 
Effective Portion
 
Ineffective Portion
Interest rate contracts
 
 
$
(14,904
)
 
 
Interest expense
 
 
$
(1,365
)
 
 
 
$

 
Derivatives And Hedging-Overall-Subsequent Measurement
The following table provides a summary of the effect on our consolidated statements of income for the years ended December 31, 2013, 2014 and 2015 that were not designated as hedging instruments (in thousands):
 
 
 
 
Amount of Gain (Loss)
Recognized on Derivative
 
 
 
 
Year Ended December 31,
Derivative Instrument
 
Location of Gain (Loss)
Recognized on Derivative
 
2013
 
2014
 
2015
NYMEX commodity contracts
 
Product sales revenue
 
$
(6,189
)
 
$
145,320

 
$
68,426

NYMEX commodity contracts
 
Operating expenses
 
(3,770
)
 
17,818

 
11,819

NYMEX commodity contracts
 
Cost of product sales
 
2,682

 
(17,141
)
 
(8,997
)
 
 
Total
 
$
(7,277
)
 
$
145,997

 
$
71,248

Derivatives And Hedging-Designated
The following tables provide a summary of the amounts included on our consolidated balance sheets that were designated as hedging instruments as of December 31, 2014 and 2015 (in thousands):
 
 
December 31, 2014
 
 
Asset Derivatives
 
Liability Derivatives
Derivative Instrument
 
Balance Sheet Location
 
Fair Value
 
Balance Sheet Location
 
Fair Value
NYMEX commodity contracts
 
Energy commodity derivatives contracts, net
 
$
360

 
Energy commodity derivatives contracts, net
 
$

NYMEX commodity contracts
 
Other noncurrent assets
 
14,404

 
Other noncurrent liabilities
 

Interest rate contracts
 
Other current assets
 

 
Other current liabilities
 
26,478

 
 
Total
 
$
14,764

 
Total
 
$
26,478

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2015
 
 
Asset Derivatives
 
Liability Derivatives
Derivative Instrument
 
Balance Sheet Location
 
Fair Value
 
Balance Sheet Location
 
Fair Value
NYMEX commodity contracts
 
Energy commodity derivatives contracts, net
 
$
60

 
Energy commodity derivatives contracts, net
 
$

NYMEX commodity contracts
 
Other noncurrent assets
 
3,478

 
Other noncurrent liabilities
 

Interest rate contracts
 
Other current assets
 
2,179

 
Other current liabilities
 
653

 
 
Total
 
$
5,717

 
Total
 
$
653


 
The following tables provide a summary of the amounts included on our consolidated balance sheets that were not designated as hedging instruments as of December 31, 2014 and 2015 (in thousands):
 
 
December 31, 2014
 
 
Asset Derivatives
 
Liability Derivatives
Derivative Instrument
 
Balance Sheet Location
 
Fair Value
 
Balance Sheet Location
 
Fair Value
NYMEX commodity contracts
 
Energy commodity derivatives contracts, net
 
$
92,000

 
Energy commodity derivatives contracts, net
 
$
10,622

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2015
 
 
Asset Derivatives
 
Liability Derivatives
Derivative Instrument
 
Balance Sheet Location
 
Fair Value
 
Balance Sheet Location
 
Fair Value
NYMEX commodity contracts
 
Energy commodity derivatives contracts, net
 
$
44,829

 
Energy commodity derivatives contracts, net
 
$
5,646