Revenue Recognition (Tables)

6 Months Ended

Jun. 30, 2019

Revenue from Contract with Customer [Abstract]

The following table disaggregates our revenue by segment and by major source for the periods indicated (in thousands):


	Reporting Segments
	Marketing		Transportation		Total

Three Months Ended June 30, 2019
Revenues from contracts with customers	$	390,407	$	17,393	$	407,800
Other ⁽¹⁾	76,633		—		76,633
Total revenues	$	467,040	$	17,393	$	484,433

Timing of revenue recognition:
Goods transferred at a point in time	$	390,407	$	—	$	390,407
Services transferred over time	—		17,393		17,393
Total revenues from contracts with customers	$	390,407	$	17,393	$	407,800

Three Months Ended June 30, 2018
Revenues from contracts with customers	$	419,365	$	13,626	$	432,991
Other ⁽¹⁾	19,426		—		19,426
Total revenues	$	438,791	$	13,626	$	452,417

Timing of revenue recognition:
Goods transferred at a point in time	$	419,365	$	—	$	419,365
Services transferred over time	—		13,626		13,626
Total revenues from contracts with customers	$	419,365	$	13,626	$	432,991

Six Months Ended June 30, 2019
Revenues from contracts with customers	$	751,138	$	32,800	$	783,938
Other ⁽¹⁾	145,663		—		145,663
Total revenues	$	896,801	$	32,800	$	929,601

Timing of revenue recognition:
Goods transferred at a point in time	$	751,138	$	—	$	751,138
Services transferred over time	—		32,800		32,800
Total revenues from contracts with customers	$	751,138	$	32,800	$	783,938

Six Months Ended June 30, 2018
Revenues from contracts with customers	$	779,450	$	27,244	$	806,694
Other ⁽¹⁾	32,979		—		32,979
Total revenues	$	812,429	$	27,244	$	839,673

Timing of revenue recognition:
Goods transferred at a point in time	$	779,450	$	—	$	779,450
Services transferred over time	—		27,244		27,244
Total revenues from contracts with customers	$	779,450	$	27,244	$	806,694

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(1) Other marketing revenues are recognized under ASC 815, Derivatives and Hedging, and ASC 845, Nonmonetary Transactions – Purchases and Sales of Inventory with the Same Counterparty.

Schedule of New Accounting Pronouncements and Changes in Accounting Principles

Reporting these crude oil contracts on a gross revenue basis would increase our reported revenues as follows for the periods indicated (in thousands):


	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2019		2018		2019		2018

Revenue gross-up	$	223,043	$	56,335	$	465,166	$	102,026