CST Fuel Supply Exchange Agreement (Tables)

3 Months Ended

Mar. 31, 2020

Transfers And Servicing [Abstract]

Schedule of Acquisition of Assets

Additionally, we recorded the following to reflect the acquisition of the Assets (in thousands):

Motor fuel inventory	$	854
Property and equipment, net		23,590
Right-of-use assets, net		4,168
Intangible assets, net		35,636
Total assets	$	64,248
Accounts payable	$	264
Current portion of operating lease obligations		1,129
Operating lease obligations, less current portion		5,479
Asset retirement obligations		1,240
Other long-term liabilities		3,086
Total liabilities	$	11,198
Net assets acquired	$	53,050
Cash received from Circle K in lieu of Removed Properties	$	13,439
Cash received from Circle K related to net liabilities assumed		2,496
Total cash received from Circle K	$	15,935
Total fair value of assets received in CST Fuel Supply Exchange	$	68,985