CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands |
Dec. 31, 2016 |
Dec. 31, 2015 |
| Current assets: |
|
|
| Cash and cash equivalents |
$ 10,028
|
$ 1,116
|
| Accounts receivable, net (less allowance of $5,549 and $5,942 as of December 31, 2016 and 2015, respectively) |
421,360
|
311,354
|
| Accounts receivable-affiliates |
3,143
|
2,578
|
| Inventories |
521,878
|
388,952
|
| Brokerage margin deposits |
27,653
|
31,327
|
| Derivate assets |
21,382
|
66,099
|
| Prepaid expenses and other current assets |
70,022
|
65,609
|
| Total current assets |
1,075,466
|
867,035
|
| Property and equipment, net |
1,099,899
|
1,242,683
|
| Intangible assets, net |
65,013
|
75,694
|
| Goodwill |
294,768
|
435,369
|
| Other assets |
28,874
|
42,894
|
| Total assets |
2,564,020
|
2,663,675
|
| Current liabilities: |
|
|
| Accounts payable |
320,262
|
303,781
|
| Working capital revolving credit facility-current portion |
274,600
|
98,100
|
| Environmental liabilities-current portion |
5,341
|
5,350
|
| Trustee taxes payable |
101,166
|
95,264
|
| Accrued expenses and other current liabilities |
70,443
|
60,328
|
| Derivative liabilities |
27,413
|
31,911
|
| Total current liabilities |
799,225
|
594,734
|
| Working capital revolving credit facility-less current portion |
150,000
|
150,000
|
| Revolving credit facility |
216,700
|
269,000
|
| Senior notes |
659,150
|
656,564
|
| Environmental liabilities-less current portion |
57,724
|
67,883
|
| Financing obligations |
152,444
|
89,790
|
| Deferred tax liabilities |
66,054
|
84,836
|
| Other long-term liabilities |
64,882
|
56,884
|
| Total liabilities |
2,166,179
|
1,969,691
|
| Commitments and contingencies (see Note 9) |
|
|
| Global Partners LP equity: |
|
|
| Common unitholders 33,995,563 units issued and 33,543,669 outstanding at December 31, 2016 and 33,995,563 units issued and 33,506,844 outstanding at December 31, 2015 |
401,044
|
657,071
|
| General partner interest (0.67% interest with 230,303 equivalent units outstanding at December 31, 2016 and December 31, 2015) |
(2,948)
|
(1,188)
|
| Accumulated other comprehensive loss |
(5,441)
|
(8,094)
|
| Total Global Partners LP equity |
392,655
|
647,789
|
| Noncontrolling interest |
5,186
|
46,195
|
| Total partners' equity |
397,841
|
693,984
|
| Total liabilities and partners' equity |
$ 2,564,020
|
$ 2,663,675
|