XML 60 R50.htm IDEA: XBRL DOCUMENT v3.21.1
EQUITY METHOD INTERESTS - Information of Equity Method Investments (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
[2]
Mar. 31, 2021
Dec. 31, 2020
Schedule of Equity Method Investments [Line Items]        
Equity method interests $ 1,566,672   $ 1,566,672 $ 1,555,182 [1]
Difference between carrying amount and underlying equity     $ 37,400 37,700
Movement In Equity Method Interests [Roll Forward]        
Balance at December 31, 2020 [1] 1,555,182      
Contributions 20,522 $ 82,827    
Distributions (31,350)      
Equity income (loss), net 21,688 $ 15,842 [3]    
Accumulated other comprehensive income 630      
Balance at March 31, 2021 1,566,672      
Gulf Coast Express Pipeline LLC        
Schedule of Equity Method Investments [Line Items]        
Ownership percentage     16.00%  
Equity method interests 283,530   $ 280,787 283,530
Movement In Equity Method Interests [Roll Forward]        
Balance at December 31, 2020 283,530      
Contributions 0      
Distributions (12,257)      
Equity income (loss), net 9,514      
Accumulated other comprehensive income 0      
Balance at March 31, 2021 280,787      
EPIC Crude Holdings, LP        
Schedule of Equity Method Investments [Line Items]        
Ownership percentage     15.00%  
Equity method interests 172,592   $ 172,592 176,640
Movement In Equity Method Interests [Roll Forward]        
Balance at December 31, 2020 176,640      
Contributions 0      
Distributions 0      
Equity income (loss), net (4,678)      
Accumulated other comprehensive income 630      
Balance at March 31, 2021 172,592      
Permian Highway Pipeline LLC        
Schedule of Equity Method Investments [Line Items]        
Ownership percentage     26.70%  
Equity method interests 638,723   $ 638,723 615,186
Undistributed earnings     $ 3,200  
Movement In Equity Method Interests [Roll Forward]        
Balance at December 31, 2020 615,186      
Contributions 20,522      
Distributions (8,203)      
Equity income (loss), net 11,218      
Accumulated other comprehensive income 0      
Balance at March 31, 2021 638,723      
Breviloba, LLC        
Schedule of Equity Method Investments [Line Items]        
Ownership percentage     33.00%  
Equity method interests 479,826   $ 474,570 $ 479,826
Movement In Equity Method Interests [Roll Forward]        
Balance at December 31, 2020 479,826      
Contributions 0      
Distributions (10,890)      
Equity income (loss), net 5,634      
Accumulated other comprehensive income 0      
Balance at March 31, 2021 $ 474,570      
[1] The Consolidated Balance Sheet as of December 31, 2020 has been derived from the audited consolidated financial statements, revised to reflect the Company’s fair value change of its underlying warrants. Refer to Note 1—Summary of Significant Accounting Policies, see the section titled Revision of Previously Issued Consolidated Financial Statements for Immaterial Adjustment for further information.
[2] This period presented has been revised to reflect the Company’s fair value change of its underlying warrants. Refer to Note 1—Summary of Significant Accounting Policies, see the section titled Revision of Previously Issued Consolidated Financial Statements for Immaterial Adjustment for further information.
[3] This period presented has been revised to reflect the Company’s fair value change of its underlying warrants. Refer to Note 1Summary of Significant Accounting Policies, see the section titled Revision of Previously Issued Consolidated Financial Statements for Immaterial Adjustment for further information.