Revenue Recognition (Tables)

12 Months Ended

Dec. 31, 2021

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
	Crude Oil Marketing		Transportation		Pipeline and storage (1)		Total

Year Ended December 31, 2021
Revenues from contracts with customers	$	1,898,160	$	94,498	$	664	$	1,993,322
Other (2)	31,882		—		—		31,882
Total revenues	$	1,930,042	$	94,498	$	664	$	2,025,204

Timing of revenue recognition:
Goods transferred at a point in time	$	1,898,160	$	—	$	—	$	1,898,160
Services transferred over time	—		94,498		664		95,162
Total revenues from contracts with customers	$	1,898,160	$	94,498	$	664	$	1,993,322

Year Ended December 31, 2020
Revenues from contracts with customers	$	915,438	$	71,724	$	272	$	987,434
Other (2)	34,988		—		—		34,988
Total revenues	$	950,426	$	71,724	$	272	$	1,022,422

Timing of revenue recognition:
Goods transferred at a point in time	$	915,438	$	—	$	—	$	915,438
Services transferred over time	—		71,724		272		71,996
Total revenues from contracts with customers	$	915,438	$	71,724	$	272	$	987,434

Year Ended December 31, 2019
Revenues from contracts with customers	$	1,555,393	$	63,191	$	—	$	1,618,584
Other (2)	192,663		—		—		192,663
Total revenues	$	1,748,056	$	63,191	$	—	$	1,811,247

Timing of revenue recognition:
Goods transferred at a point in time	$	1,555,393	$	—	$	—	$	1,555,393
Services transferred over time	—		63,191		—		63,191
Total revenues from contracts with customers	$	1,555,393	$	63,191	$	—	$	1,618,584

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(1)On October 22, 2020, we acquired a crude oil pipeline and related terminal facility assets, resulting in a new operating segment. See Note 6 and Note 9 for further information.

(2)Other crude oil 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):


	Year Ended December 31,
	2021		2020		2019

Revenue gross-up	$	761,369	$	419,127	$	859,091