INVENTORIES

Inventories consisted of the following:



December 31, 2013
	Titled Inventory		Inventory Supply and Offtake Arrangements		Total
Crude oil and feedstocks	$	518,599	$	89,837	$	608,436
Refined products and blendstocks	425,033		378,286		803,319
Warehouse stock and other	33,762		—		33,762
	$	977,394	$	468,123	$	1,445,517



December 31, 2012
	Titled Inventory		Inventory Supply and Offtake Arrangements		Total
Crude oil and feedstocks	$	384,441	$	257,947	$	642,388
Refined products and blendstocks	405,545		417,865		823,410
Warehouse stock and other	31,321		—		31,321
	$	821,307	$	675,812	$	1,497,119

Inventory under inventory supply and offtake arrangements includes the inventory held in the Company’s refineries' storage facilities in connection with the Crude Supply Agreements, Offtake Agreements and Inventory Intermediation Agreements.

At December 31, 2013 and December 31, 2012, the replacement value of inventories exceeded the LIFO carrying value by approximately $78,407 and $79,859, respectively.