Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2016

Information concerning business activities and assets by segment

The Company is engaged in the business of crude oil marketing as well as tank truck transportation of liquid chemicals, and oil and gas exploration and production. Information concerning the Company's various business activities is summarized as follows (in thousands):

- Three Month Comparison

			Segment			Depreciation		Property and
			Operating			Depletion and		Equipment
	Revenues		Earnings			Amortization		Additions
Period Ended March 31, 2016
Marketing	$	236,394	$	4,648		$	2,689	$	263
Transportation		13,347		173			1,985		3,817
Oil and gas		790		(282	)		441		130
	$	250,531	$	4,539		$	5,115	$	4,210
Period Ended March 31, 2015
Marketing	$	537,748	$	8,848		$	2,767	$	1,850
Transportation		16,465		1,125			1,899		166
Oil and gas		1,360		(1,725	)		1,422		1,649
	$	555,573	$	8,248		$	6,088	$	3,665

Reconciliation of segment earnings to earnings before income taxes

Segment operating earnings reflect revenues net of operating costs and depreciation, depletion and amortization and are reconciled to earnings from continuing operations before income taxes, as follows (in thousands):

	Three Months Ended
	March 31,
	2016			2015
Segment operating earnings	$	4,539		$	8,248
- General and administrative		(2,200	)		(3,331	)
Operating earnings		2,339			4,917
- Interest income		103			78
- Interest expense		-			(4	)
Earnings before income tax	$	2,442		$	4,991

Identifiable assets by industry segment

Identifiable assets by industry segment are as follows (in thousands):

	March 31,		December 31,
	2016		2015
Marketing	$	101,067	$	96,723
Transportation		35,020		35,010
Oil and gas		8,243		8,930
Other		93,531		102,552
	$	237,861	$	243,215