Revenue Recognition (Tables)

12 Months Ended

Dec. 31, 2022

Revenue from Contract with Customer [Abstract]

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


	Year Ended December 31,
	2022		2021		2020
Crude oil marketing:
Revenue from contracts with customers:
Goods transferred at a point in time	$	3,189,660	$	1,898,160	$	915,438
Services transferred over time	—		—		—
Total revenues from contracts with customers	3,189,660		1,898,160		915,438
Other (1)	42,533		31,882		34,988
Total crude oil marketing revenue	$	3,232,193	$	1,930,042	$	950,426

Transportation:
Revenue from contracts with customers:
Goods transferred at a point in time	$	—	$	—	$	—
Services transferred over time	112,376		94,498		71,724
Total revenues from contracts with customers	112,376		94,498		71,724
Other	—		—		—
Total transportation revenue	$	112,376	$	94,498	$	71,724

Pipeline and storage: (2)
Revenue from contracts with customers:
Goods transferred at a point in time	$	—	$	—	$	—
Services transferred over time	—		664		272
Total revenues from contracts with customers	—		664		272
Other	—		—		—
Total pipeline and storage revenue	$	—	$	664	$	272

Logistics and repurposing: (3)
Revenue from contracts with customers:
Goods transferred at a point in time	$	12,865	$	—	$	—
Services transferred over time	9,483		—		—
Total revenues from contracts with customers	22,348		—		—
Other	—		—		—
Total logistics and repurposing revenue	$	22,348	$	—	$	—

Subtotal:
Total revenues from contracts with customers	$	3,324,384	$	1,993,322	$	987,434
Total other (1)	42,533		31,882		34,988
Total consolidated revenues	$	3,366,917	$	2,025,204	$	1,022,422

_______________

(1)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.

(2)All pipeline and storage revenue earned in 2022 and a substantial portion of the revenue earned in 2021 were from an affiliated shipper, GulfMark Energy, Inc., our subsidiary, and eliminated in consolidation.

(3)On August 12, 2022, we acquired a transportation logistics and recycling and repurposing business, resulting in a new operating segment. See Note 6 and Note 9 for further information.

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,
	2022		2021		2020

Revenue gross-up	$	1,557,510	$	761,369	$	419,127