Related Party And Affiliate Transactions

12 Months Ended

Dec. 31, 2012

Related Party Transactions [Abstract]

Related Party And Affiliate Transactions

Related Party and Affiliate Transactions

The Company leases office space for management and administrative services from an affiliated party. For the years ended December 31, 2012, 2011 and 2010, the Company incurred and paid lease payments of approximately $1,550, $1,556 and $1,549, respectively.

Cypress Interstate Pipeline L.L.C., a pipeline joint venture company in which the Company owns a 50% equity stake, supplies natural gas liquid feedstocks to the Company's Lake Charles, Louisiana complex through its pipeline. For the years ended December 31, 2012, 2011 and 2010, the Company incurred pipeline fees of approximately $11,957, $9,474 and $2,006, respectively, payable to this joint venture for usage of its pipeline.

In March 2000, the Company loaned $2,000 to Suzhou Huasu Plastics Company, Ltd., a Chinese joint venture company in which the Company owns a 59% equity stake. Interest on the debt accrues at LIBOR plus 2%. Previously, the Company loaned this same affiliate $5,150. Principal payments of $1,192 and $1,192 were received from the affiliate in 2012 and 2011, respectively. Interest payments of $74, $441 and $934 were received in 2012, 2011 and 2010, respectively, and included in other income, net in the consolidated statements of operations. As of December 31, 2012, the notes receivable balances of $1,192 and $1,191 are included in prepaid expenses and other current assets and other assets, net, respectively, in the accompanying consolidated balance sheet.