Transmontaigne Partners (TLP) 10-K 10 Mar 23 2022 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2022	Mar. 10, 2023	Jun. 30, 2022
Document and Entity Information
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2022
Document Transition Report	false
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	FY
Entity File Number	001-32505
Entity Registrant Name	TRANSMONTAIGNE PARTNERS LLC
Entity Central Index Key	0001319229
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	34-2037221
Entity Address, Address Line One	Suite 3100
Entity Address, Address Line Two	1670 Broadway
Entity Address, City or Town	Denver
Entity Address, State or Province	CO
Entity Address, Postal Zip Code	80202
City Area Code	303
Local Phone Number	626-8200
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	Yes
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	false
Entity Shell Company	false
Entity Public Float			$ 0
Entity Common Stock, Shares Outstanding		0
Auditor Name	Deloitte & Touche LLP
Auditor Location	Denver, Colorado
Auditor Firm ID	34

Consolidated balance sheets

Consolidated balance sheets - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 13,016	$ 18,273
Trade accounts receivable	46,060	20,028
Due from affiliates	3,850	2,397
Inventory	6,645	5,333
Other current assets	15,699	6,492
Total current assets	85,270	52,523
Property, plant and equipment, net	835,907	851,483
Goodwill	18,586	18,586
Investments in unconsolidated affiliates	325,832	332,692
Right-of-use assets, operating leases	50,718	48,522
Other assets, net	59,710	53,146
TOTAL ASSETS	1,376,023	1,356,952
Current liabilities:
Trade accounts payable	25,349	14,568
Operating lease liabilities	3,600	3,665
Accrued liabilities	43,420	37,751
Current debt	10,000	10,000
Total current liabilities	82,369	65,984
Deferred revenue	1,220	3,334
Long-term operating lease liabilities	49,077	46,643
Long-term debt	1,257,219	1,263,940
Total liabilities	1,389,885	1,379,901
Commitments and contingencies (Note 13)
Equity:
Member interest	(13,862)	(22,949)
Total equity	(13,862)	(22,949)
TOTAL LIABILITIES AND EQUITY	$ 1,376,023	$ 1,356,952

Consolidated statements of oper

Consolidated statements of operations - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Revenue:
Total revenue	$ 158,457	$ 178,673	$ 182,535	$ 146,730	$ 135,758	$ 142,384	$ 139,992	$ 102,546	$ 666,395	$ 520,680	$ 477,688
Costs and expenses:
Cost of product sales	(77,967)	(96,173)	(103,709)	(69,453)	(60,630)	(65,769)	(65,380)	(26,616)	(347,302)	(218,395)	(171,727)
Operating	(29,935)	(29,705)	(28,194)	(30,802)	(28,346)	(26,738)	(26,982)	(29,035)	(118,636)	(111,101)	(108,017)
General and administrative	(7,032)	(6,967)	(7,708)	(7,755)	(6,215)	(7,425)	(5,609)	(5,541)	(29,462)	(24,790)	(23,147)
Insurance	(1,509)	(1,525)	(1,703)	(1,552)	(1,587)	(1,580)	(1,574)	(1,519)	(6,289)	(6,260)	(5,837)
Deferred compensation									(3,778)	(15,763)	(2,173)
Depreciation and amortization	(18,091)	(17,886)	(17,629)	(17,500)	(17,252)	(17,149)	(17,138)	(16,945)	(71,106)	(68,484)	(66,034)
Total costs and expenses									(576,573)	(444,793)	(376,935)
Earnings from unconsolidated affiliates	1,351	2,922	3,629	3,228	3,911	3,791	4,427	3,617	11,130	15,746	9,856
Operating income	24,502	28,553	26,445	21,452	11,448	27,159	27,380	25,646	100,952	91,633	110,609
Other expenses:
Interest expense	(20,731)	(2,599)	(14,347)	(14,573)	(11,947)	(10,249)	(10,378)	(10,087)	(52,250)	(42,661)	(46,056)
Deferred debt issuance costs	(994)	(3,712)	(1,039)	(1,008)	(7,721)	(982)	(971)	(963)	(6,753)	(10,637)	(3,694)
Total other expenses									(59,003)	(53,298)	(49,750)
Net earnings	2,777	22,242	11,059	5,871	(8,220)	15,928	16,031	14,596	41,949	38,335	60,859
Terminal revenue
Revenue:
Total revenue	78,146	77,833	74,340	75,051	72,691	72,301	71,341	73,108	305,370	289,441	294,133
Product sales
Revenue:
Total revenue	$ 80,311	$ 100,840	$ 108,195	$ 71,679	$ 63,067	$ 70,083	$ 68,651	$ 29,438	$ 361,025	$ 231,239	$ 183,555

Consolidated statements of equi

Consolidated statements of equity - USD ($) $ in Thousands	Predecessor	Member interest	Total
Balance at Dec. 31, 2019	$ 73,760	$ 324,087	$ 397,847
Increase (Decrease) in Partners' Capital
Contributions from parent entities		313	313
Distributions to TLP Finance Holdings, LLC for debt service		(50,455)	(50,455)
Distributions to parent entities	(7)		(7)
Net earnings (loss)	(489)	61,348	60,859
Balance at Dec. 31, 2020	73,264	335,293	408,557
Increase (Decrease) in Partners' Capital
Contributions from parent entities		15,124	15,124
Distributions to TLP Finance Holdings, LLC for debt service		(218,491)	(218,491)
Contribution of Pacific Northwest at carryover basis	(84,697)	(181,777)	(266,474)
Net earnings (loss)	$ 11,433	26,902	38,335
Balance at Dec. 31, 2021		(22,949)	(22,949)
Increase (Decrease) in Partners' Capital
Contributions from parent entities		1,935	1,935
Distributions to TLP Finance Holdings, LLC for debt service		(34,797)	(34,797)
Net earnings (loss)		41,949	41,949
Balance at Dec. 31, 2022		$ (13,862)	$ (13,862)

Consolidated statements of cash

Consolidated statements of cash flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Cash flows from operating activities:
Net earnings	$ 41,949	$ 38,335	$ 60,859
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization	71,106	68,484	66,034
Earnings from unconsolidated affiliates	(11,130)	(15,746)	(9,856)
Distributions from unconsolidated affiliates	17,990	19,089	16,017
Equity-based compensation	1,676	13,410
Amortization of deferred debt issuance costs	4,090	10,637	3,694
Amortization of deferred revenue	(2,114)	(1,486)	(170)
Unrealized gain on interest rate swap agreements	(15,951)	(1,825)	(426)
Other income (sale of land)	(488)
Changes in operating assets and liabilities:
Trade accounts receivable	(24,914)	(7,557)	8,165
Due from affiliates	(1,453)	(771)	381
Inventory	(1,312)	(504)	4,205
Other current assets	(3,667)	(15)	667
Long-term customer receivables	530	811	(1,130)
Right-of-use assets, operating leases	3,191	3,276	2,816
Other assets, net	49		437
Trade accounts payable	12,307	1,281	(13,471)
Accrued liabilities	5,669	1,373	(986)
Operating lease liabilities	(3,018)	(3,312)	(2,835)
Net cash provided by operating activities	94,510	125,480	134,401
Cash flows from investing activities:
Payment for contribution of Pacific Northwest		(266,474)
Investments in unconsolidated affiliates		(4,051)	(7,257)
SeaPort Midstream member loan			1,291
Capital expenditures	(54,492)	(64,414)	(75,940)
Net cash used in investing activities	(54,492)	(334,939)	(81,906)
Cash flows from financing activities:
Repayments of senior secured term loan	(10,000)
Repayments of SeaPort Financing term loan		(199,063)	(8,577)
Proceeds from senior secured term loan		1,000,000
Borrowings under revolving credit facility	110,700	142,200	99,400
Repayments under revolving credit facility	(110,700)	(492,600)	(99,700)
Senior notes repurchase			(100)
Debt issuance costs	(737)	(21,507)
Contributions from parent entities	259	1,714	313
Distributions to TLP Finance Holdings, LLC for debt service	(34,797)	(218,491)	(50,455)
Distributions to parent entities			(7)
Net cash provided by (used in) financing activities	(45,275)	212,253	(59,126)
Increase (decrease) in cash and cash equivalents	(5,257)	2,794	(6,631)
Cash and cash equivalents at beginning of period	18,273	15,479	22,110
Cash and cash equivalents at end of period	13,016	18,273	15,479
Supplemental disclosures of cash flow information:
Cash paid for interest	71,748	43,680	46,475
Property, plant and equipment acquired with accounts payable	5,439	6,967	9,565
Additions to right-of-use assets obtained from new operating lease liabilities	5,387	17,918
Non-cash contributions from parent entities	$ 1,935	$ 15,124	$ 313

Consolidated statements of ca_2

Consolidated statements of cash flows (Parenthetical) $ in Millions	12 Months Ended
	Dec. 31, 2022 USD ($)
Consolidated statements of cash flows
Sale of land included in accounts receivable	$ 1.1
Gain on sale of land	0.5
Reduction to property plant and equipment	$ 0.6

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2022
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	(1) SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (a) Nature of business TransMontaigne Partners LLC (“we,” “us,” “our,” “the Company”) provides integrated terminaling, storage, transportation and related services for companies engaged in the trading, distribution and marketing of light refined petroleum products, heavy refined petroleum products, renewable products, crude oil, chemicals, fertilizers and other liquid products. We conduct our operations in the United States along the Gulf Coast, in the Midwest, in Houston and Brownsville, Texas, along the Mississippi and Ohio rivers, in the Southeast and along the West Coast. In addition, we sell refined and renewable products to major fuel producers and marketers in the Pacific Northwest at our terminal in Tacoma, Washington. On November 17, 2021, Arclight contributed Pike West Coast Holdings, LLC (“Pike West Coast”) a portfolio company of ArcLight Energy Partners Fund VI, L.P. to the Company. Pike West Coast is an infrastructure company with significant operations across the renewable fuels supply chain in the U.S. Pacific Northwest (the “Pacific Northwest Contribution”). ​ Pike West Coast owns a 100% ownership interest in SeaPort Financing, LLC. SeaPort Financing, LLC owns a 100% ownership interest in SeaPort Sound Terminal, LLC (“SeaPort Sound”), which owns a refined and renewable products terminal in Tacoma, Washington, a 51% ownership interest in SeaPort Midstream Partners, LLC (“SeaPort Midstream”), which owns refined and renewable products terminals in both Seattle, Washington and Portland, Oregon, and a 30% ownership interest in Olympic Pipeline Company, LLC (“Olympic Pipeline Company”), which owns the Olympic Pipeline between Blaine, Washington and Portland, Oregon and a refined and renewable products terminal in Bayview, Washington. ​ The Pacific Northwest Contribution has been recorded at carryover basis as a reorganization of entities under common control. As such, prior periods include the assets, liabilities, and results of operations of the Pacific Northwest Contribution for all periods presented (see Note 3 of Notes to consolidated financial statements). (b) Basis of presentation and use of estimates Our accounting and financial reporting policies conform to accounting principles generally accepted in the United States of America (“GAAP”). The accompanying consolidated financial statements include the accounts of TransMontaigne Partners LLC and its controlled subsidiaries. Investments where we do not have the ability to exercise control, but do have the ability to exercise significant influence, are accounted for using the equity method of accounting. All inter-company accounts and transactions have been eliminated in the preparation of the accompanying consolidated financial statements. The accompanying consolidated financial statements include all adjustments (consisting of normal and recurring accruals) considered necessary to present fairly our financial position as of December 31, 2022 and 2021 and our results of operations for the years ended December 31, 2022, 2021 and 2020. The preparation of financial statements in conformity with GAAP requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenue and expenses during the reporting periods. In management’s opinion, the estimate of useful lives of our plant and equipment are subjective in nature, require the exercise of judgment and involve complex analyses. Changes in these estimates and assumptions will occur as a result of the passage of time and the occurrence of future events. Actual results could differ from these estimates. (c) Accounting for terminal and pipeline operations We generate revenue from terminaling services fees, management fees, pipeline transportation fees and product sales. Under Topic 606, Revenue from Contracts with Customers Leases and the series of related Accounting Standards Updates that followed (collectively referred to as “ASC 842”), we recognize revenue over time or at a point in time, depending on the nature of the performance obligations contained in the respective contract with our customer. The contract transaction price is allocated to each performance obligation and recognized as revenue when, or as, the performance obligation is satisfied. The following is an overview of our significant revenue streams, including a description of the respective performance obligations and related method of revenue recognition. Terminaling services fees. Our terminaling services agreements are structured as either throughput agreements or storage agreements. Our throughput agreements contain provisions that require our customers to make minimum payments, which are based on contractually established minimum volumes of throughput of the customer’s product at our facilities, over a stipulated period of time. Due to this minimum payment arrangement, we recognize a fixed amount of revenue from the customer over a certain period of time, even if the customer throughputs less than the minimum volume of product during that period. In addition, if a customer throughputs a volume of product exceeding the minimum volume, we would recognize additional revenue on this incremental volume. Our storage agreements require our customers to make minimum payments based on the volume of storage capacity available to the customer under the agreement, which results in a fixed amount of recognized revenue. We refer to the fixed amount of revenue recognized pursuant to our terminaling services agreements as being “firm commitments.” ​ Our terminaling services agreements include revenue recognized in accordance with ASC 606 and ASC 842. At the time of contract inception, we evaluate each contract to determine whether the contract contains a lease. Significant assumptions used in this process include the determination of whether substantive substitution rights exist based on the terms of the contract and available capacity at the terminal at the time of contract inception. Our terminaling services agreements do not allow our customers to purchase the underlying asset and vary in terms and conditions with respect to extension or termination options. If a contract is accounted for as a lease under ASC 842, we recognize the minimum payments as lease revenue and revenue recognized in excess of firm commitments as a variable payment of the lease. All other components of the contracts accounted for as a lease are treated as non-lease components (ancillary revenue) and are accounted for in accordance with ASC 606. The majority of our firm commitments under our terminaling services agreements are accounted for as lease revenue in accordance with ASC 842. The remaining firm commitments under our terminaling services agreements not accounted for as lease revenue are accounted for in accordance with ASC 606, where the minimum payment arrangement in each contract is considered a single performance obligation that is primarily satisfied over time through the contract term. ​ Revenue recognized in excess of firm commitments and revenue recognized based solely on the volume of product distributed or injected are referred to as ancillary. The ancillary revenue associated with terminaling services include volumes of product throughput that exceed the contractually established minimum volumes, injection fees based on the volume of product injected with additive compounds, heating and mixing of stored products, product transfer, railcar handling, butane blending, proceeds from the sale of product gains, wharfage and vapor recovery. The revenue generated by these services is required to be estimated under ASC 606 for any uncertainty that is not resolved in the period of the service. We account for the majority of ancillary revenue at individual points in time when the services are delivered to the customer. The majority of our ancillary revenue is recognized in accordance with ASC 606 (See Note 15 of Notes to consolidated financial statements). ​ Management fees. Management fee revenue is recognized at individual points in time as the services are performed or as the costs are incurred and is primarily accounted for in accordance with ASC 606. Management fees related to lease revenue are accounted for in accordance with ASC 842. Pipeline transportation fees. Product sales. (d) Cash and cash equivalents We consider all short-term investments with a remaining maturity of three months or less at the date of purchase to be cash equivalents. (e) Inventory Inventory represents refined and renewable products held for resale and are recorded at the lower of cost or net realizable value. Cost is determined by using the average cost method. At December 31, 2022 and 2021, our refined products inventory was approximately $4.1 million and $2.8 million, respectively. At both December 31, 2022 and 2021, our renewable products inventory was approximately $2.5 million. We did not recognize any adjustments to the lower of cost or net realizable value during the years ended December 31, 2022 and 2021. (f) Property, plant and equipment Depreciation is computed using the straight-line method. Estimated useful lives are 15 to 25 years for terminals and pipelines and 3 to 25 years for furniture, fixtures and equipment. All items of property, plant and equipment are carried at cost. Expenditures that increase capacity or extend useful lives are capitalized. Repairs and maintenance are expensed as incurred. We evaluate long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying value of an asset group may not be recoverable based on expected undiscounted future cash flows attributable to that asset group. If an asset group is impaired, the impairment loss to be recognized is the excess of the carrying amount of the asset group over its estimated fair value. We did not recognize any impairment charges for each of the years ended December 31, 2022, 2021 and 2020. (g) Investments in unconsolidated affiliates We account for our investments in unconsolidated affiliates, which we do not control but do have the ability to exercise significant influence over, using the equity method of accounting. Under this method, the investment is recorded at acquisition cost, increased by our proportionate share of any earnings and additional capital contributions and decreased by our proportionate share of any losses, distributions received and amortization of any excess investment. Excess investment is the amount by which our total investment exceeds our proportionate share of the book value of the net assets of the investment entity. We evaluate our investments in unconsolidated affiliates for impairment whenever events or circumstances indicate there is a loss in value of the investment that is other than temporary. In the event of impairment, we would record a charge to earnings to adjust the carrying amount to estimated fair value. We did not recognize any impairment charges for each of the years ended December 31, 2022, 2021 and 2020. (h) Environmental obligations We accrue for environmental costs that relate to existing conditions caused by past operations when probable and reasonably estimable (see Note 10 of Notes to consolidated financial statements). Environmental costs include initial site surveys and environmental studies of potentially contaminated sites, costs for remediation and restoration of sites determined to be contaminated and ongoing monitoring costs, as well as fines, damages and other costs, including direct legal costs. Liabilities for environmental costs at a specific site are initially recorded, on an undiscounted basis, when it is probable that we will be liable for such costs, and a reasonable estimate of the associated costs can be made based on available information. Such an estimate includes our share of the liability for each specific site and the sharing of the amounts related to each site that will not be paid by other potentially responsible parties, based on enacted laws and adopted regulations and policies. Adjustments to initial estimates are recorded, from time to time, to reflect changing circumstances and estimates based upon additional information developed in subsequent periods. Estimates of our ultimate liabilities associated with environmental costs are difficult to make with certainty due to the number of variables involved, including the early stage of investigation at certain sites, the lengthy time frames required to complete remediation, technology changes, alternatives available and the evolving nature of environmental laws and regulations. We periodically file claims for insurance recoveries of certain environmental remediation costs with our insurance carriers under our comprehensive liability policies (see Note 5 of Notes to consolidated financial statements). In connection with our acquisition of the Florida (other than Pensacola), Midwest, Brownsville, Texas, River, Southeast, and Pensacola, Florida terminal and facilities, a third party agreed to indemnify us against certain potential environmental claims, losses and expenses. Based on our current knowledge, we expect that the active remediation projects subject to the benefit of this indemnification obligation are winding down and will not involve material additional claims, losses, and expenses. (i) Asset retirement obligations Asset retirement obligations are legal obligations associated with the retirement of long-lived assets that result from the acquisition, construction, development or normal use of the asset. GAAP requires that the fair value of a liability related to the retirement of long-lived assets be recorded at the time a legal obligation is incurred. Once an asset retirement obligation is identified and a liability is recorded, a corresponding asset is recorded, which is depreciated over the remaining useful life of the asset. After the initial measurement, the liability is adjusted to reflect changes in the asset retirement obligation. If and when it is determined that a legal obligation has been incurred, the fair value of any liability is determined based on estimates and assumptions related to retirement costs, future inflation rates and interest rates. Our long-lived assets consist of above-ground storage facilities and underground pipelines. We are unable to predict if and when these long-lived assets will become completely obsolete and require dismantlement. We have not recorded an asset retirement obligation, or corresponding asset, because the future dismantlement and removal dates of our long-lived assets is indeterminable and the amount of any associated costs are believed to be insignificant. Changes in our assumptions and estimates may occur as a result of the passage of time and the occurrence of future events. (j) Accounting for derivative instruments Generally accepted accounting principles require us to recognize all derivative instruments at fair value in the consolidated balance sheets as assets or liabilities. Changes in the fair value of our derivative instruments are recognized in the consolidated statements of operations. $nil (k) Income taxes No provision for U.S. federal income taxes has been reflected in the accompanying consolidated financial statements because we are treated as a partnership for federal income tax purposes. As a partnership, all income, gains, losses, expenses, deductions and tax credits generated by us flow up to our owners. (l) Comprehensive income Entities that report items of other comprehensive income have the option to present the components of net earnings and comprehensive income in either one continuous financial statement, or two consecutive financial statements. As we have no components of comprehensive income other than net earnings, no statement of comprehensive income has been presented. (m) Recent accounting pronouncements Reference Rate Reform — Facilitation of the Effects of Reference Rate Reform on Financial Reporting. Further, in January 2021, the FASB issued Update No. 2021-01, Reference Rate Reform (Topic 848), which clarifies the scope of Topic 848 so that derivatives affected by the discounting transition are explicitly eligible for certain optional expedients and exceptions in Topic 848. We do not expect the adoption of this guidance to have an impact on our financial position, results of operations or cash flows

TRANSACTIONS WITH AFFILIATES

TRANSACTIONS WITH AFFILIATES	12 Months Ended
	Dec. 31, 2022
TRANSACTIONS WITH AFFILIATES
TRANSACTIONS WITH AFFILIATES	(2) TRANSACTIONS WITH AFFILIATES Operations and reimbursement agreement—Frontera. million, respectively, of revenue related to this operations and reimbursement agreement. Terminaling services agreements—Brownsville terminals. million, respectively. Terminaling services agreement—Gulf Coast terminals. ended December 31, 2022, 2021 and 2020 we recognized revenue related to this agreement with Associated Asphalt Marketing, LLC of approximately $10.0 million, $9.0 million and $8.6 million, respectively. Operating and administrative agreement—SeaPort Midstream—Central services. Terminaling services agreement— SeaPort Midstream. $nil $nil ​ Other affiliates—Central services . Services agreement — TransMontaigne Management Company.

CONTRIBUTION OF TERMINAL ASSETS

CONTRIBUTION OF TERMINAL ASSETS	12 Months Ended
	Dec. 31, 2022
CONTRIBUTION OF TERMINAL ASSETS
CONTRIBUTION OF TERMINAL ASSETS	( 3) CONTRIBUTION OF TERMINAL ASSETS Contribution of Pacific Northwest assets. million short-term loan from the Company to an ArcLight affiliate was terminated in contemplation of the contribution. Pike West Coast is an infrastructure company with significant operations across the renewable fuels supply chain in the U.S. Pacific Northwest (the “Pacific Northwest Contribution”). ​ Pike West Coast owns a 100% ownership interest in SeaPort Financing, LLC. SeaPort Financing, LLC owns a 100% ownership interest in SeaPort Sound, which owns a refined and renewable products terminal in Tacoma, Washington, a 51% ownership interest in SeaPort Midstream, which owns refined and renewable products terminals in both Seattle, Washington and Portland, Oregon, and a 30% ownership interest in Olympic Pipeline Company, which owns the Olympic Pipeline between Blaine, Washington and Portland, Oregon and a refined and renewable products terminal in Bayview, Washington. ​ The Pacific Northwest Contribution has been recorded at carryover basis as a reorganization of entities under common control. As such, prior periods include the assets, liabilities, and results of operations of the Pacific Northwest Contribution for all periods presented. We recorded the assets at their net book value of $84.7 million with the remaining consideration paid of $181.8 million recorded as a reduction to member equity interest. The difference between the consideration we paid and the carryover basis of the net assets purchased has been reflected in the accompanying consolidated balance sheets and statement of equity as a decrease to the member interest. Our basis in the assets and liabilities of the Pacific Northwest Contribution at the time of the contribution was as follows (in thousands): ​ ​ ​ ​ Cash $ 19,078 Trade accounts receivable ​ 8,174 Inventory ​ ​ 3,145 Other current assets ​ ​ 671 Property, plant and equipment, net ​ ​ 120,215 Investment in unconsolidated affiliates ​ ​ 108,691 Goodwill ​ ​ 9,158 Other assets, net ​ ​ 14,689 Trade accounts payable ​ ​ (6,062) Senior secured term loan ​ ​ (191,510) Accrued and other liabilities ​ ​ (1,552) Equity ​ $ 84,697 ​

CONCENTRATION OF CREDIT RISK AN

CONCENTRATION OF CREDIT RISK AND TRADE ACCOUNTS RECEIVABLE	12 Months Ended
	Dec. 31, 2022
CONCENTRATION OF CREDIT RISK AND TRADE ACCOUNTS RECEIVABLE
CONCENTRATION OF CREDIT RISK AND TRADE ACCOUNTS RECEIVABLE	(4) CONCENTRATION OF CREDIT RISK AND TRADE ACCOUNTS RECEIVABLE Our primary market areas are located in the United States along the Gulf Coast, in the Southeast, in Brownsville, Texas, along the Mississippi and Ohio Rivers, in the Midwest and along the West Coast. We have a concentration of trade receivable balances due from companies engaged in the trading, distribution and marketing of refined products, renewable products and crude oil. These concentrations of customers may affect our overall credit risk in that the customers may be similarly affected by changes in economic, regulatory or other factors. Our customers’ historical financial and operating information is analyzed prior to extending credit. We manage our exposure to credit risk through credit analysis, credit approvals, credit limits and monitoring procedures, and for certain transactions we may request letters of credit, prepayments or guarantees. We maintain allowances for potentially uncollectible accounts receivable. Trade accounts receivable, net consists of the following (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ December 31, December 31, ​ ​ 2022 ​ 2021 Trade accounts receivable ​ $ 46,060 ​ $ 20,028 ​ The following table presents a roll forward of our allowance for credit losses (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance at ​ ​ ​ ​ Balance at ​ ​ beginning ​ Charged to ​ ​ ​ ​ end of ​ of period expenses Deductions period 2022 ​ $ — ​ $ — ​ $ — ​ $ — 2021 ​ $ — ​ $ — ​ $ — ​ $ — 2020 ​ $ 127 ​ $ — ​ $ (127) ​ $ — ​ The following customers accounted for at least 10% of our consolidated revenue in at least one of the periods presented in the accompanying consolidated statements of operations: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year ended Year ended ​ Year ended ​ ​ December 31, ​ December 31, ​ December 31, ​ ​ 2022 ​ 2021 ​ 2020 Customer A ​ 13 % 7 % 2 % Customer B ​ 8 % 11 % 7 % Customer C ​ 8 % 10 % 9 % Customer D ​ — % — % 10 % ​

OTHER CURRENT ASSETS

OTHER CURRENT ASSETS	12 Months Ended
	Dec. 31, 2022
OTHER CURRENT ASSETS
OTHER CURRENT ASSETS	(5) OTHER CURRENT ASSETS Other current assets are as follows (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, December 31, ​ ​ 2022 ​ 2021 Unrealized gain on interest rate swap agreements ​ $ 5,613 ​ $ — ​ Prepaid insurance ​ ​ 1,198 ​ ​ 1,913 ​ Additive detergent ​ 1,666 ​ 1,055 ​ Amounts due from insurance companies ​ ​ 2,340 ​ ​ 414 ​ Deposits and other assets ​ 4,882 ​ 3,110 ​ ​ ​ $ 15,699 ​ $ 6,492 ​ ​ Amounts due from insurance companies. We periodically file claims for recovery of environmental remediation costs with our insurance carriers under our comprehensive liability policies. We recognize our insurance recoveries in the period that we assess the likelihood of recovery as being probable (i.e., likely to occur). At December 31, 2022 and 2021, we have recognized amounts due from insurance companies of approximately ​

PROPERTY, PLANT AND EQUIPMENT,

PROPERTY, PLANT AND EQUIPMENT, NET	12 Months Ended
	Dec. 31, 2022
PROPERTY, PLANT AND EQUIPMENT, NET
PROPERTY, PLANT AND EQUIPMENT, NET	(6) PROPERTY, PLANT AND EQUIPMENT, NET Property, plant and equipment, net is as follows (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ December 31, December 31, ​ ​ 2022 ​ 2021 Land ​ $ 104,017 ​ $ 104,647 Terminals, pipelines and equipment ​ 1,333,771 ​ 1,266,086 Furniture, fixtures and equipment ​ 17,880 ​ 16,986 Construction in progress ​ 17,362 ​ 32,997 ​ ​ 1,473,030 ​ 1,420,716 Less accumulated depreciation ​ (637,123) ​ (569,233) ​ ​ $ 835,907 ​ $ 851,483 ​ At December 31, 2022 and 2021, property, plant and equipment, net utilized by our customers in revenue operating lease arrangements consisted of approximately $585.9 million and $597.9 million, respectively, of terminals, pipelines and equipment. The terminals, pipelines and equipment primarily relates to our storage tanks and associated internal piping.

GOODWILL

GOODWILL	12 Months Ended
	Dec. 31, 2022
GOODWILL.
GOODWILL	(7) GOODWILL Goodwill is as follows (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, December 31, ​ ​ 2022 ​ 2021 Brownsville terminals ​ $ 8,485 ​ $ 8,485 ​ West Coast terminals ​ ​ 10,101 ​ ​ 10,101 ​ ​ ​ $ 18,586 ​ $ 18,586 ​ ​ Goodwill is required to be tested for impairment annually unless events or changes in circumstances indicate it is more likely than not that an impairment loss has been incurred at an interim date. Our annual test for the impairment of goodwill is performed as of December 31. The impairment test is performed at the reporting unit level. Our reporting units are our operating segments (see Note 16 of Notes to consolidated financial statements). The fair value of each reporting unit is determined on a stand-alone basis from the perspective of a market participant and represents an estimate of the price that would be received to sell the unit as a whole in an orderly transaction between market participants at the measurement date. If the fair value of a reporting unit exceeds its carrying amount, goodwill of the reporting unit is not considered to be impaired. At December 31, 2022 and 2021, our Brownsville and West Coast terminals contained goodwill. Our estimate of the fair value of our Brownsville and West Coast terminals at December 31, 2022 and 2021 substantially exceeded the carrying amount. Accordingly, we did not recognize any goodwill impairment charges for each of the years ended December 31, 2022, 2021 and 2020. However, an increase in the assumed market participants’ weighted average cost of capital, the loss of a significant customer, the disposition of significant assets, or an unforeseen increase in the costs to operate and maintain the Brownsville and West Coast terminals, could result in the recognition of an impairment charge in the future.

INVESTMENTS IN UNCONSOLIDATED A

INVESTMENTS IN UNCONSOLIDATED AFFILIATES	12 Months Ended
	Dec. 31, 2022
INVESTMENTS IN UNCONSOLIDATED AFFILIATES
INVESTMENTS IN UNCONSOLIDATED AFFILIATES	(8) INVESTMENTS IN UNCONSOLIDATED AFFILIATES At December 31, 2022 and 2021, our investments in unconsolidated affiliates include a 42.5% Class A ownership interest in Battleground Oil Specialty Terminal Company LLC (“BOSTCO”), a 30% ownership interest in Olympic Pipeline Company, a 51% ownership interest in SeaPort Midstream and a 50% ownership interest in Frontera. BOSTCO is a terminal facility located on the Houston Ship Channel that encompasses approximately 7.1 million barrels of distillate, residual and other black oil product storage. Class A and Class B ownership interests share in cash distributions on a 96.5% and 3.5% basis, respectively. Class B ownership interests do not have voting rights and are not required to make capital investments. Olympic Pipeline Company is a 400-mile interstate refined petroleum products pipeline system running from Blaine, Washington to Portland, Oregon and a refined and renewable products terminal in Bayview, Washington. SeaPort Midstream is two terminal facilities located in Seattle, Washington and Portland, Oregon that encompasses approximately 1.3 million barrels of refined and renewable product storage. Frontera is a terminal facility located in Brownsville, Texas that encompasses approximately 1.7 million barrels of light petroleum product storage, as well as related ancillary facilities. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Percentage of ​ Carrying value ​ ​ ​ ownership ​ (in thousands) ​ ​ ​ December 31, ​ December 31, ​ December 31, ​ December 31, ​ ​ 2022 2021 2022 2021 BOSTCO ​ 42.5 % 42.5 % $ 195,770 ​ $ 200,301 ​ Olympic Pipeline Company ​ 30 % 30 % ​ 77,934 ​ ​ 80,941 ​ SeaPort Midstream ​ 51 % 51 % ​ 30,788 ​ ​ 29,136 ​ Frontera ​ 50 % 50 % 21,340 ​ 22,314 ​ Total investments in unconsolidated affiliates ​ ​ ​ ​ ​ $ 325,832 ​ $ 332,692 ​ ​ At December 31, 2022 and 2021, our investment in BOSTCO includes approximately $6.1 million and $6.2 million, respectively, of excess investment related to a one time buy-in fee to acquire our 42.5% interest and capitalization of interest on our investment during the construction of BOSTCO amortized over the useful life of the assets. Excess investment is the amount by which our investment exceeds our proportionate share of the book value of the net assets of the BOSTCO entity. At December 31, 2022 and 2021, our investment in Olympic Pipeline Company includes approximately $5.7 million and $6.0 million, respectively, of excess investment related to property, plant and equipment being amortized over the useful life of the assets. Excess investment is the amount by which our investment exceeds our proportionate share of the book value of the net assets of the Olympic Pipeline Company entity. Earnings from investments in unconsolidated affiliates were as follows (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year ended ​ Year ended ​ Year ended ​ ​ December 31, ​ December 31, ​ December 31, ​ 2022 2021 2020 BOSTCO ​ $ 5,442 ​ $ 5,248 ​ $ 3,933 Olympic Pipeline Company ​ ​ 3,096 ​ ​ 8,055 ​ ​ 1,766 SeaPort Midstream ​ ​ 1,652 ​ ​ 585 ​ ​ 1,592 Frontera ​ ​ 940 ​ ​ 1,858 ​ ​ 2,565 Total earnings from investments in unconsolidated affiliates ​ $ 11,130 ​ $ 15,746 ​ $ 9,856 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year ended ​ Year ended ​ Year ended ​ ​ December 31, ​ December 31, ​ December 31, ​ 2022 2021 2020 BOSTCO ​ $ — ​ $ 4,051 ​ $ 7,257 Olympic Pipeline Company ​ ​ — ​ ​ — ​ ​ — SeaPort Midstream ​ ​ — ​ ​ — ​ ​ — Frontera ​ ​ — ​ ​ — ​ ​ — Additional capital investments in unconsolidated affiliates ​ $ — ​ $ 4,051 ​ $ 7,257 ​ Cash distributions received from unconsolidated affiliates were as follows (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year ended ​ Year ended ​ Year ended ​ ​ December 31, ​ December 31, ​ December 31, ​ 2022 2021 2020 BOSTCO ​ $ 9,973 ​ $ 10,910 ​ $ 11,021 Olympic Pipeline Company ​ ​ 6,103 ​ ​ 4,599 ​ ​ 2,785 SeaPort Midstream ​ ​ — ​ ​ — ​ ​ — Frontera ​ ​ 1,914 ​ ​ 3,580 ​ ​ 2,211 Cash distributions received from unconsolidated affiliates ​ $ 17,990 ​ $ 19,089 ​ $ 16,017 ​ The summarized combined financial information of our unconsolidated affiliates was as follows (in thousands): Balance sheets: ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ December 31, ​ 2022 ​ 2021 Current assets ​ $ 58,253 ​ $ 57,797 Long-term assets ​ 770,715 ​ 760,169 Current liabilities ​ (41,711) ​ (38,701) Long-term liabilities ​ ​ (63,585) ​ ​ (44,144) Net assets ​ $ 723,672 ​ $ 735,121 ​ Statements of income ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year ended ​ Year ended ​ Year ended ​ ​ December 31, ​ December 31, ​ December 31, ​ 2022 ​ 2021 2020 Revenue ​ $ 195,172 $ 193,533 ​ $ 167,912 Expenses ​ ​ (163,751) ​ (148,250) ​ (142,838) Net income ​ $ 31,421 ​ $ 45,283 ​ $ 25,074 ​

OTHER ASSETS, NET

OTHER ASSETS, NET	12 Months Ended
	Dec. 31, 2022
OTHER ASSETS, NET
OTHER ASSETS, NET	(9) OTHER ASSETS, NET Other assets, net are as follows (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, December 31, ​ ​ 2022 ​ 2021 Customer relationships, net of accumulated amortization of $18,108 and $14,913, respectively ​ $ 47,422 ​ $ 50,617 ​ Unrealized gain on interest rate swap agreements ​ ​ 10,338 ​ ​ — ​ SeaPort Midstream member loan ​ 1,259 ​ 1,259 ​ Long-term customer receivables ​ ​ 6 ​ ​ 536 ​ Deposits and other assets ​ 685 ​ 734 ​ ​ ​ $ 59,710 ​ $ 53,146 ​ ​ Customer relationships. Other assets, net include certain customer relationships at our West Coast terminals. These customer relationships are being amortized on a straight-line basis over approximately ten ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ending December 31, ​ ​ ​ ​ 2023 2024 2025 2026 2027 Thereafter Amortization expense $ 3,195 ​ $ 3,195 ​ $ 3,195 ​ $ 3,195 ​ $ 3,195 ​ $ 31,447 ​ ​ SeaPort Midstream member loan. We are party to a member revolving loan agreement with a total borrowing capacity of $5.0 million with Seaport Midstream due December 31, 2025. We are responsible for our proportionate share of 51% of this loan. At both December 31, 2022 and 2021, the total outstanding borrowings were $2.5 million. Accordingly, we have recorded a loan receivable of approximately $1.3 million, representing our proportionate share of the outstanding borrowings. Long-term customer receivables.

ACCRUED LIABILITIES

ACCRUED LIABILITIES	12 Months Ended
	Dec. 31, 2022
ACCRUED LIABILITIES
ACCRUED LIABILITIES	(10) ACCRUED LIABILITIES ​ Accrued liabilities are as follows (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, December 31, ​ ​ 2022 ​ 2021 Accrued compensation expense ​ $ 13,384 ​ $ 12,497 ​ Customer advances and deposits ​ ​ 11,816 ​ ​ 10,572 ​ Interest payable ​ ​ 8,346 ​ ​ 8,605 ​ Accrued property taxes ​ 4,349 ​ 2,346 ​ Accrued environmental obligations ​ 1,363 ​ 1,812 ​ Accrued expenses and other ​ 4,162 ​ 1,919 ​ ​ ​ $ 43,420 ​ $ 37,751 ​ ​ Accrued compensation expense. Customer advances and deposits. Customer advances and deposits represents payments received for terminaling services in advance of the terminaling services being provided. ​ Accrued environmental obligations. At December 31, 2022 and 2021, we have accrued environmental obligations of approximately ​ The following table presents a roll forward of our accrued environmental obligations (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance at ​ Increase Balance at ​ ​ beginning ​ ​ ​ ​ (decrease) ​ end of ​ of period Payments in estimate period 2022 ​ $ 1,812 ​ $ (1,188) ​ $ 739 ​ $ 1,363 2021 ​ $ 1,211 ​ $ (860) ​ $ 1,461 ​ $ 1,812 2020 ​ $ 1,841 ​ $ (557) ​ $ (73) ​ $ 1,211 ​

LONG-TERM DEBT

LONG-TERM DEBT	12 Months Ended
	Dec. 31, 2022
LONG-TERM DEBT
LONG-TERM DEBT	(11) LONG-TERM DEBT Long-term debt is as follows (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, December 31, ​ ​ 2022 ​ 2021 Senior secured term loan outstanding ​ $ 990,000 ​ $ 1,000,000 Revolving credit facility outstanding ​ ​ — ​ ​ — 6.125% senior notes due in 2026 ​ ​ 299,900 ​ ​ 299,900 Unamortized deferred debt issuance costs (1) ​ ​ (22,681) ​ ​ (25,960) Total debt ​ ​ 1,267,219 ​ ​ 1,273,940 Current portion of senior secured term loan ​ ​ (10,000) ​ ​ (10,000) Long-term debt ​ $ 1,257,219 ​ $ 1,263,940 (1) Deferred debt issuance costs are amortized using the effective interest method over the applicable term of the senior secured term loan and senior notes. For the years ended December 31, 2022 and 2021, amortization of deferred debt issuance costs was approximately $4.1 million and $10.6 million, respectively. For the years ended December 31, 2022 and 2021, expense related to one-time debt issuance costs to secure mortgages related to the Credit Agreement was approximately $2.7 million and $nil , respectively. Credit agreement. ​ Proceeds from the $1 billion senior secured term loan were used as follows (in thousands): ​ ​ ​ ​ ​ Repayment of revolving credit facility ​ $ 351,700 Payment for contribution of Pacific Northwest ​ ​ 256,300 Repayment of SeaPort Financing term loan ​ ​ 198,200 Distribution to TLP Finance for debt service ​ ​ 174,200 Deferred debt issuance costs ​ ​ 19,600 Proceeds from senior secured term loan ​ $ 1,000,000 ​ We may elect to have loans under the Credit Agreement bear interest, at either an adjusted LIBOR rate (subject to a 0.50% floor) plus an applicable margin of 3.50% or an alternate base rate plus an applicable margin of 2.50% per annum. We are also required to pay (i) a letter of credit fee of 3.50% per annum on the aggregate face amount of all outstanding letters of credit, (ii) to the issuing lender of each letter of credit, a fronting fee of no less than 0.125% per annum on the outstanding amount of each such letter of credit and (iii) commitment fees of 0.50% per annum on the daily unused amount of the revolving credit facility, in each case quarterly in arrears. ​ ​ The Credit Agreement replaces, in its entirety, our revolving credit facility, which provided for a maximum borrowing line of credit equal to $850 million and was set to mature in March 2022. ​ ​ Senior notes. operations

DEFERRED COMPENSATION EXPENSE

DEFERRED COMPENSATION EXPENSE	12 Months Ended
	Dec. 31, 2022
DEFERRED COMPENSATION EXPENSE.
DEFERRED COMPENSATION EXPENSE	(12) DEFERRED COMPENSATION EXPENSE We have a savings and retention plan to compensate certain employees who provide services to the Company. The purpose of the savings and retention plan is to provide for the reward and retention of participants by providing them with awards that vest over future service periods. Awards under the plan with respect to individuals providing services to the Company generally become vested as to 50% of a participant’s annual award as of the first day of the month that falls closest to the second anniversary of the grant date, and the remaining 50% as of the first day of the month that falls closest to the third anniversary of the grant date, subject to earlier vesting upon a participant’s attainment of the age and length of service thresholds, retirement, death or disability, involuntary termination without cause, or termination of a participant’s employment following a change in control of the Company as specified in the plan. The awards are increased for the value of any accrued growth based on underlying investments deemed made with respect to the awards. The awards (including any accrued growth relating thereto) are subject to forfeiture until the vesting date. A person will satisfy the age and length of service thresholds of the plan upon the attainment of the earliest of (a) age sixty fifty-five fifty ​ On December 30, 2021, our indirect parent, Pike Petroleum Holdings, LLC, repurchased and cancelled class B units that were granted by Pike West Coast Holdings, LLC prior to the Pacific Northwest Contribution for approximately $12.5 million. The cancellation of the class B units was treated as a modification, where no cumulative expense was recognized prior to the cancellation, as the grant date fair value of the class B units at the time of issuance was $nil million repurchase and cancellation of the class B units was recognized as deferred compensation expense in our consolidated statements of operations on the cancelation date as there is no future service or performance criteria. The cash payment for the repurchase and cancellation of the class B units was made by Pike Petroleum Holdings, LLC. Accordingly, we have accounted for this as a non-cash contribution from parent entities in our consolidated statements of equity and non-cash equity-based compensation in our consolidated statements of cash flows. ​

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Dec. 31, 2022
COMMITMENTS AND CONTINGENCIES
COMMITMENTS AND CONTINGENCIES	(13) COMMITMENTS AND CONTINGENCIES Lessee operating lease commitments. Operating right-of-use assets and operating lease liabilities are recognized based on the present value of the lease payments over the lease term at commencement date. The additions to right-of-use assets obtained from new operating lease liabilities during the years ended December 31, 2022 and 2021 of approximately $5.4 million and $17.9 million, respectively, are treated as non-cash transactions that do not impact the consolidated statements of cash flows. The Company uses its incremental borrowing rate based on the information available at the commencement date in determining the present value of lease payments. We determined our incremental borrowing rate using the borrowing rate of our debt agreements. The terms of our corporate offices, vehicles and land leases are in line with the Credit Agreement, our primary finance mechanism. We have certain land and vehicle lease agreements with lease and non-lease components, which are accounted for separately. Non-lease components include payments for taxes and other operating and maintenance expenses incurred by the lessor but payable by us in connection with the leasing arrangement. During the years ended December 31, 2022, 2021 and 2020, the Company was party to certain subleasing arrangements whereby the Company, as the primary obligor on the lease, has recognized sublease income for lease payments made by affiliates to the lessor. ​ Following are components of our lease costs (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year ended Year ended ​ Year ended ​ ​ December 31, ​ December 31, ​ December 31, ​ 2022 2021 2020 Operating leases ​ $ 5,573 ​ $ 5,300 ​ $ 4,723 Variable lease costs (including insignificant short-term leases) ​ ​ 1,627 ​ ​ 1,150 ​ ​ 849 Sublease income as primary obligor ​ ​ (1,080) ​ ​ (999) ​ ​ (1,000) Total lease costs ​ $ 6,120 ​ $ 5,451 ​ $ 4,572 ​ Other information related to our operating leases was as follows (in thousands, except lease term and discount rate): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year ended Year ended Year ended ​ ​ December 31, ​ December 31, ​ December 31, ​ 2022 ​ 2021 ​ 2020 Cash outflows for operating leases ​ $ 5,400 ​ $ 5,334 ​ $ 4,742 Weighted average remaining lease term (years) ​ ​ 27.95 ​ ​ 29.26 ​ ​ 18.35 Weighted average discount rate ​ ​ 4.5% ​ ​ 4.7% ​ ​ 5.2% ​ Undiscounted cash flows owed by the Company to lessors pursuant to contractual agreements in effect as of December 31, 2022 and related imputed interest was as follows (in thousands): ​ ​ ​ ​ Years ending December 31: ​ ​ ​ 2023 ​ $ 5,525 2024 ​ 5,321 2025 ​ 4,883 2026 ​ 3,568 2027 ​ 3,437 Thereafter ​ 69,703 Total lease payments ​ ​ 92,437 Less imputed interest ​ ​ (39,760) Present value of operating lease liabilities ​ $ 52,677 ​ ​ Contract commitments. At December 31, 2022, we have contractual commitments of approximately Legal proceedings. We are party to various legal, regulatory and other matters arising from the day-to-day operations of our business that may result in claims against us. While the ultimate impact of any proceedings cannot be predicted with certainty, our management believes that the resolution of any of our pending legal proceedings will not have a material adverse effect on our business, financial position, results of operations or cash flows.

DISCLOSURES ABOUT FAIR VALUE

DISCLOSURES ABOUT FAIR VALUE	12 Months Ended
	Dec. 31, 2022
DISCLOSURES ABOUT FAIR VALUE
DISCLOSURES ABOUT FAIR VALUE	(14) DISCLOSURES ABOUT FAIR VALUE GAAP defines fair value, establishes a framework for measuring fair value and expands disclosures about fair value measurements. GAAP also establishes a fair value hierarchy that prioritizes the use of higher-level inputs for valuation techniques used to measure fair value. The three levels of the fair value hierarchy are: (1) Level 1 inputs, which are quoted prices (unadjusted) in active markets for identical assets or liabilities; (2) Level 2 inputs, which are inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly; and (3) Level 3 inputs, which are unobservable inputs for the asset or liability. The fair values of the following financial instruments represent our best estimate of the amounts that would be received to sell those assets or that would be paid to transfer those liabilities in an orderly transaction between market participants at that date. Our fair value measurements maximize the use of observable inputs. However, in situations where there is little, if any, market activity for the asset or liability at the measurement date, the fair value measurement reflects our judgments about the assumptions that market participants would use in pricing the asset or liability based on the best information available in the circumstances. There were no transfers into or out of Levels 1, 2, and 3 during the years ended December 31, 2022 and 2021. The following methods and assumptions were used to estimate the fair value of financial instruments at December 31, 2022 and 2021. Cash equivalents. The carrying amount approximates fair value because of the short-term maturity of these instruments. The fair value is categorized in Level 1 of the fair value hierarchy. Derivative instruments. The carrying amount of our interest rate swaps is equal to fair value and was determined using a pricing model based on the LIBOR swap rate and other observable market data. The fair value is categorized in Level 2 of the fair value hierarchy. Debt. Non-financial assets .

REVENUE FROM CONTRACTS WITH CUS

REVENUE FROM CONTRACTS WITH CUSTOMERS	12 Months Ended
	Dec. 31, 2022
REVENUE FROM CONTRACTS WITH CUSTOMERS
REVENUE FROM CONTRACTS WITH CUSTOMERS	(15) REVENUE FROM CONTRACTS WITH CUSTOMERS The majority of our terminaling services agreements contain minimum payment arrangements, resulting in a fixed amount of revenue recognized, which we refer to as “firm commitments” and are accounted for in accordance with ASC 842, Leases Revenue From Contracts With Customers The following table provides details of our revenue disaggregated by category of revenue (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year ended Year ended Year ended ​ ​ December 31, ​ December 31, ​ December 31, ​ 2022 ​ 2021 ​ 2020 Terminaling services fees: ​ ​ ​ ​ ​ ​ ​ ​ ​ Firm commitments (ASC 842 revenue) ​ $ 183,595 ​ $ 184,082 ​ $ 198,165 Firm commitments (ASC 606 revenue) ​ ​ 39,040 ​ ​ 38,678 ​ ​ 31,197 Total firm commitments revenue ​ ​ 222,635 ​ ​ 222,760 ​ ​ 229,362 Ancillary revenue (ASC 606 revenue) ​ 66,285 ​ 51,787 ​ 46,307 Ancillary revenue (ASC 842 revenue) ​ 2,030 ​ 1,934 ​ 4,003 Total ancillary revenue ​ 68,315 ​ 53,721 ​ 50,310 Total terminaling services fees ​ 290,950 ​ 276,481 ​ 279,672 Product sales (ASC 606 revenue) ​ 361,025 ​ 231,239 ​ 183,555 Management fees (ASC 606 revenue) ​ 12,932 ​ 10,870 ​ 9,731 Management fees (ASC 842 revenue) ​ 1,488 ​ 1,452 ​ 1,211 Total management fees ​ 14,420 ​ 12,322 ​ 10,942 Pipeline transportation fees (ASC 842 revenue) ​ — ​ 638 ​ 3,519 Total revenue ​ $ 666,395 ​ $ 520,680 ​ $ 477,688 ​ The following table includes our estimated future revenue associated with our firm commitments under terminaling services fees which is expected to be recognized as ASC 606 revenue in the specified period related to our future performance obligations as of the end of the reporting period (in thousands): Estimated Future ASC 606 Revenue by Segment ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gulf Coast ​ Midwest ​ Brownsville ​ River ​ Southeast ​ West Coast ​ Central ​ ​ ​ ​ Terminals Terminals Terminals Terminals Terminals Terminals Services Total 2023 ​ $ 1,808 ​ $ 514 ​ $ 2,913 ​ $ 547 ​ $ 9,492 ​ $ 12,949 ​ $ — ​ $ 28,223 2024 ​ ​ 250 ​ ​ 32 ​ ​ 2,254 ​ ​ — ​ ​ 6,965 ​ ​ 1,015 ​ ​ — ​ ​ 10,516 2025 ​ ​ — ​ ​ — ​ ​ 2,239 ​ ​ — ​ ​ 5,160 ​ ​ 530 ​ ​ — ​ ​ 7,929 2026 ​ ​ — ​ ​ — ​ ​ 547 ​ ​ — ​ ​ 5,160 ​ ​ — ​ ​ — ​ ​ 5,707 2027 ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 4,300 ​ ​ — ​ ​ — ​ ​ 4,300 Thereafter ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total estimated future ASC 606 revenue ​ $ 2,058 ​ $ 546 ​ $ 7,953 ​ $ 547 ​ $ 31,077 ​ $ 14,494 ​ $ — ​ $ 56,675 ​ Our estimated future ASC 606 revenue, for purposes of the tabular presentation above, excludes estimates of future rate changes due to changes in indices or contractually negotiated rate escalations and is generally limited to contracts that have minimum payment arrangements. The balances disclosed include the full amount of our customer commitments accounted for as ASC 606 revenue as of December 31, 2022 through the expiration of the related contracts. The balances disclosed exclude all performance obligations for which the original expected term is one year or less, the term of the contract with the customer is open and cannot be estimated, the contract includes options for future purchases or the consideration is variable. Estimated future ASC 606 revenue in the table above excludes revenue arrangements accounted for in accordance with ASC 842. The following table includes our estimated future revenue associated with our firm commitments under terminaling services fees which is expected to be recognized as ASC 842 revenue in the specified period (in thousands): ​ ​ ​ ​ Years ending December 31: ​ ​ ​ 2023 ​ $ 168,090 2024 ​ 118,503 2025 ​ 86,617 2026 ​ 60,517 2027 ​ 44,821 Thereafter ​ ​ 436,250 Total estimated future ASC 842 revenue ​ $ 914,798 ​ ​ BALANCE SHEET DISCLOSURES Contract assets. Our contract assets include trade accounts receivable and long-term customer receivables. We have long-term terminaling services agreements with certain of our customers that provide for minimum annual throughput commitments that are billed to the customers based on actual throughput volume whereas revenue is recognized under ASC 606 and ASC 842 on a straight-line basis over the terms of the respective agreements. The difference between the amount billed and revenue recognized is a contract asset. This asset is presented as other assets, net in our consolidated balance sheets (see Note 9 of Notes to consolidated financial statements). ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Contracts under ​ ​ ​ ASC 606 ​ ASC 842 ​ Total Trade accounts receivable at December 31, 2021 ​ $ 12,792 ​ $ 7,236 ​ $ 20,028 Trade accounts receivable at December 31, 2022 ​ $ 33,127 ​ $ 12,933 ​ $ 46,060 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Contracts under ​ ​ ​ ASC 606 ​ ASC 842 ​ Total Long-term customer receivables at December 31, 2021 ​ $ — ​ $ 536 ​ $ 536 Long-term customer receivables at December 31, 2022 ​ $ — ​ $ 6 ​ $ 6 ​ Revenue recognized during the year ended December 31, 2022, from amounts included in long-term customer receivables at December 31, 2021, was $nil for contracts under ASC 606 and approximately $0.5 million for contracts under ASC 842. ​ Contract liabilities. Our contract liabilities include deferred revenue and customer advances and deposits. We have long-term terminaling services agreements with certain of our customers that provide for advance minimum payments. We recognize the advance minimum payments as revenue on a straight-line basis over the term of the respective agreements. In addition, pursuant to certain terminaling services agreements with our customers, we agreed to undertake certain capital projects. Upon completion of the projects, our customers have paid us amounts that will be recognized as revenue on a straight-line basis over the remaining term of the agreements. Collectively, the differences between amounts billed and revenue recognized under ASC 606 and ASC 842 are recorded as contract liabilities. These liabilities are presented as deferred revenue in our consolidated balance sheets. We record customer advances and deposits when payments are received from customers in advance of the terminaling services being provided, resulting in a contract liability accounted for under ASC 606 and ASC 842. This liability is presented as accrued liabilities in our consolidated balance sheets (see Note 10 of Notes to consolidated financial statements). ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Contracts under ​ ​ ​ ASC 606 ​ ASC 842 ​ Total Contract liabilities at December 31, 2021 ​ $ 1,301 ​ $ 12,605 ​ $ 13,906 Contract liabilities at December 31, 2022 ​ $ 1,574 ​ $ 11,462 ​ $ 13,036 ​

BUSINESS SEGMENTS

BUSINESS SEGMENTS	12 Months Ended
	Dec. 31, 2022
BUSINESS SEGMENTS
BUSINESS SEGMENTS	(16) BUSINESS SEGMENTS We provide integrated terminaling, storage, transportation and related services to companies engaged in the trading, distribution and marketing of refined petroleum products, renewable products, crude oil, chemicals, fertilizers and other liquid products. In addition, we sell refined and renewable products to major fuel producers and marketers in the Pacific Northwest at our terminal in Tacoma, Washington. Our chief operating decision maker is the Company’s chief executive officer. The Company’s chief executive officer reviews the financial performance of our business segments using disaggregated financial information about “net margins” for purposes of making operating decisions and assessing financial performance. “Net margins” is composed of revenue less cost of product sales and operating costs and expenses. Accordingly, we present “net margins” for each of our business segments: (i) Gulf Coast terminals, (ii) Midwest terminals, (iii) Brownsville terminals including management of the Frontera joint venture, (iv) River terminals, (v) Southeast terminals, (vi) West Coast terminals and (vii) Central services. Our Central services segment primarily represents the costs of employees performing operating oversight functions, engineering, health, safety and environmental services to our terminals and terminals that we operate or manage, including for affiliate terminals owned by ArcLight. In addition, Central services represent the cost of employees at affiliate terminals owned by ArcLight that we operate. We receive a fee from these affiliates based on our costs incurred. The financial performance of our business segments is as follows (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year ended ​ Year ended ​ Year ended ​ ​ December 31, ​ December 31, ​ December 31, ​ ​ 2022 2021 2020 Gulf Coast Terminals: ​ ​ ​ ​ ​ ​ ​ ​ ​ Terminaling services fees ​ $ 86,549 ​ $ 77,061 ​ $ 76,875 Management fees ​ ​ 63 ​ ​ 54 ​ ​ 32 Revenue ​ ​ 86,612 ​ ​ 77,115 ​ ​ 76,907 Operating costs and expenses ​ ​ (23,550) ​ ​ (22,541) ​ ​ (20,946) Net margins ​ ​ 63,062 ​ ​ 54,574 ​ ​ 55,961 Midwest Terminals: ​ ​ ​ ​ ​ ​ ​ ​ ​ Terminaling services fees ​ ​ 10,269 ​ ​ 10,504 ​ ​ 8,358 Pipeline transportation fees ​ ​ — ​ ​ — ​ ​ 1,909 Revenue ​ ​ 10,269 ​ ​ 10,504 ​ ​ 10,267 Operating costs and expenses ​ ​ (1,856) ​ ​ (2,222) ​ ​ (2,942) Net margins ​ ​ 8,413 ​ ​ 8,282 ​ ​ 7,325 Brownsville Terminals: ​ ​ ​ ​ ​ ​ ​ ​ ​ Terminaling services fees ​ ​ 19,723 ​ ​ 17,595 ​ ​ 15,071 Management fees ​ ​ 5,911 ​ ​ 5,257 ​ ​ 5,288 Pipeline transportation fees ​ ` — ​ ​ 638 ​ ​ 1,610 Revenue ​ ​ 25,634 ​ ​ 23,490 ​ ​ 21,969 Operating costs and expenses ​ ​ (10,240) ​ ​ (9,310) ​ ​ (9,749) Net margins ​ ​ 15,394 ​ ​ 14,180 ​ ​ 12,220 River Terminals: ​ ​ ​ ​ ​ ​ ​ ​ ​ Terminaling services fees ​ ​ 14,466 ​ ​ 13,998 ​ ​ 11,700 Revenue ​ ​ 14,466 ​ ​ 13,998 ​ ​ 11,700 Operating costs and expenses ​ ​ (6,681) ​ ​ (6,328) ​ ​ (5,777) Net margins ​ ​ 7,785 ​ ​ 7,670 ​ ​ 5,923 Southeast Terminals: ​ ​ ​ ​ ​ ​ ​ ​ ​ Terminaling services fees ​ ​ 68,699 ​ ​ 77,031 ​ ​ 88,573 Management fees ​ ​ 1,150 ​ ​ 1,092 ​ ​ 947 Revenue ​ ​ 69,849 ​ ​ 78,123 ​ ​ 89,520 Operating costs and expenses ​ ​ (25,754) ​ ​ (24,319) ​ ​ (23,498) Net margins ​ ​ 44,095 ​ ​ 53,804 ​ ​ 66,022 West Coast Terminals: ​ ​ ​ ​ ​ ​ ​ ​ ​ Product sales ​ ​ 361,025 ​ ​ 231,239 ​ ​ 183,555 Terminaling services fees ​ ​ 91,244 ​ ​ 80,292 ​ ​ 79,095 Management fees ​ ​ 42 ​ ​ 40 ​ ​ 38 Revenue ​ ​ 452,311 ​ ​ 311,571 ​ ​ 262,688 Cost of product sales ​ ​ (347,302) ​ ​ (218,395) ​ ​ (171,727) Operating costs and expenses ​ ​ (34,794) ​ ​ (31,732) ​ ​ (31,281) Costs and expenses ​ ​ (382,096) ​ ​ (250,127) ​ ​ (203,008) Net margins ​ ​ 70,215 ​ ​ 61,444 ​ ​ 59,680 Central Services: ​ ​ ​ ​ ​ ​ ​ ​ ​ Management fees ​ ​ 7,254 ​ ​ 5,879 ​ ​ 4,637 Revenue ​ ​ 7,254 ​ ​ 5,879 ​ ​ 4,637 Operating costs and expenses ​ ​ (15,761) ​ ​ (14,649) ​ ​ (13,824) Net margins ​ ​ (8,507) ​ ​ (8,770) ​ ​ (9,187) Total net margins ​ ​ 200,457 ​ ​ 191,184 ​ ​ 197,944 General and administrative ​ ​ (29,462) ​ ​ (24,790) ​ ​ (23,147) Insurance ​ ​ (6,289) ​ ​ (6,260) ​ ​ (5,837) Deferred compensation ​ ​ (3,778) ​ ​ (15,763) ​ ​ (2,173) Depreciation and amortization ​ ​ (71,106) ​ ​ (68,484) ​ ​ (66,034) Earnings from unconsolidated affiliates ​ ​ 11,130 ​ ​ 15,746 ​ ​ 9,856 Operating income ​ ​ 100,952 ​ ​ 91,633 ​ ​ 110,609 Other expenses (interest and deferred debt issuance costs) ​ ​ (59,003) ​ ​ (53,298) ​ ​ (49,750) Net earnings ​ $ 41,949 ​ $ 38,335 ​ $ 60,859 ​ Supplemental information about our business segments is summarized below (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year ended December 31, 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gulf Coast ​ Midwest ​ Brownsville ​ River ​ Southeast ​ West Coast ​ Central ​ ​ ​ ​ Terminals Terminals Terminals Terminals Terminals Terminals Services Total Revenue: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Terminal revenue ​ $ 86,612 ​ $ 10,269 ​ $ 25,634 ​ $ 14,466 ​ $ 69,849 ​ $ 91,286 ​ $ 7,254 ​ $ 305,370 Product sales ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 361,025 ​ — ​ ​ 361,025 Revenue ​ $ 86,612 ​ $ 10,269 ​ $ 25,634 ​ $ 14,466 ​ $ 69,849 ​ $ 452,311 ​ $ 7,254 ​ $ 666,395 Capital expenditures ​ $ 11,484 ​ $ 816 ​ $ 5,114 ​ $ 1,963 ​ $ 10,310 ​ $ 24,017 ​ $ 788 ​ $ 54,492 Identifiable assets ​ $ 138,636 ​ $ 16,102 ​ $ 115,543 ​ $ 46,610 ​ $ 241,668 ​ $ 446,088 ​ $ 10,879 ​ $ 1,015,526 Cash and cash equivalents ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 13,016 Investments in unconsolidated affiliates ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 325,832 Other ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 21,649 Total assets ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ $ 1,376,023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year ended December 31, 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gulf Coast ​ Midwest ​ Brownsville ​ River ​ Southeast ​ West Coast ​ Central ​ ​ ​ ​ Terminals Terminals Terminals Terminals Terminals Terminals Services Total Revenue: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Terminal revenue ​ $ 77,115 ​ $ 10,504 ​ $ 23,490 ​ $ 13,998 ​ $ 78,123 ​ $ 80,332 ​ $ 5,879 ​ $ 289,441 Product sales ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 231,239 ​ — ​ ​ 231,239 Revenue ​ $ 77,115 ​ $ 10,504 ​ $ 23,490 ​ $ 13,998 ​ $ 78,123 ​ $ 311,571 ​ $ 5,879 ​ $ 520,680 Capital expenditures ​ $ 9,045 ​ $ 360 ​ $ 10,748 ​ $ 4,915 ​ $ 10,720 ​ $ 28,471 ​ $ 155 ​ $ 64,414 Identifiable assets ​ $ 137,204 ​ $ 16,825 ​ $ 111,714 ​ $ 49,060 ​ $ 243,684 ​ $ 433,867 ​ $ 9,165 ​ $ 1,001,519 Cash and cash equivalents ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 18,273 Investments in unconsolidated affiliates ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 332,692 Other ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 4,468 Total assets ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ $ 1,356,952 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year ended December 31, 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gulf Coast ​ Midwest ​ Brownsville ​ River ​ Southeast ​ West Coast ​ Central ​ ​ ​ ​ Terminals Terminals Terminals Terminals Terminals Terminals Services Total Revenue: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Terminal revenue ​ $ 76,907 ​ $ 10,267 ​ $ 21,969 ​ $ 11,700 ​ $ 89,520 ​ $ 79,133 ​ $ 4,637 ​ $ 294,133 Product sales ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 183,555 ​ — ​ ​ 183,555 Revenue ​ $ 76,907 ​ $ 10,267 ​ $ 21,969 ​ $ 11,700 ​ $ 89,520 ​ $ 262,688 ​ $ 4,637 ​ $ 477,688 Capital expenditures ​ $ 9,491 ​ $ 933 ​ $ 22,116 ​ $ 9,314 ​ $ 22,091 ​ $ 10,841 ​ $ 1,154 ​ $ 75,940 ​ ​

FINANCIAL RESULTS BY QUARTER (U

FINANCIAL RESULTS BY QUARTER (UNAUDITED)	12 Months Ended
	Dec. 31, 2022
FINANCIAL RESULTS BY QUARTER (UNAUDITED)
FINANCIAL RESULTS BY QUARTER (UNAUDITED)	(17) FINANCIAL RESULTS BY QUARTER (UNAUDITED) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three months ended ​ ​ ​ ​ ​ ​ ​ ​ Year ended ​ ​ March 31, ​ June 30, ​ September 30, ​ December 31, ​ December 31, ​ 2022 2022 2022 2022 2022 ​ ​ (in thousands) Revenue: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Terminal revenue $ 75,051 ​ $ 74,340 ​ $ 77,833 ​ $ 78,146 ​ $ 305,370 Product sales ​ 71,679 ​ ​ 108,195 ​ ​ 100,840 ​ 80,311 ​ 361,025 Total revenue ​ ​ 146,730 ​ ​ 182,535 ​ ​ 178,673 ​ ​ 158,457 ​ ​ 666,395 Cost of product sales ​ ​ (69,453) ​ ​ (103,709) ​ ​ (96,173) ​ ​ (77,967) ​ ​ (347,302) Operating ​ (30,802) ​ ​ (28,194) ​ ​ (29,705) ​ (29,935) ​ (118,636) General and administrative ​ (7,755) ​ ​ (7,708) ​ ​ (6,967) ​ (7,032) ​ (29,462) Insurance ​ (1,552) ​ ​ (1,703) ​ ​ (1,525) ​ (1,509) ​ (6,289) Deferred compensation ​ (1,444) ​ ​ (776) ​ ​ (786) ​ (772) ​ (3,778) Depreciation and amortization ​ (17,500) ​ ​ (17,629) ​ ​ (17,886) ​ (18,091) ​ (71,106) Earnings from unconsolidated affiliates ​ 3,228 ​ ​ 3,629 ​ ​ 2,922 ​ 1,351 ​ 11,130 Operating income ​ 21,452 ​ 26,445 ​ 28,553 ​ 24,502 ​ 100,952 Interest expense ​ ​ (14,573) ​ ​ (14,347) ​ ​ (2,599) ​ ​ (20,731) ​ ​ (52,250) Deferred debt issuance costs ​ (1,008) ​ ​ (1,039) ​ ​ (3,712) ​ (994) ​ (6,753) Net earnings ​ $ 5,871 ​ $ 11,059 ​ $ 22,242 ​ $ 2,777 ​ $ 41,949 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three months ended ​ ​ ​ ​ ​ ​ ​ ​ Year ended ​ ​ March 31, ​ June 30, ​ September 30, ​ December 31, ​ December 31, ​ 2021 2021 2021 2021 2021 ​ ​ (in thousands) Revenue: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Terminal revenue $ 73,108 ​ $ 71,341 ​ $ 72,301 ​ $ 72,691 ​ $ 289,441 Product sales ​ ​ 29,438 ​ ​ 68,651 ​ ​ 70,083 ​ 63,067 ​ 231,239 Total revenue ​ ​ 102,546 ​ ​ 139,992 ​ ​ 142,384 ​ ​ 135,758 ​ ​ 520,680 Cost of product sales ​ ​ (26,616) ​ ​ (65,380) ​ ​ (65,769) ​ ​ (60,630) ​ ​ (218,395) Operating ​ ​ (29,035) ​ ​ (26,982) ​ ​ (26,738) ​ (28,346) ​ (111,101) General and administrative ​ ​ (5,541) ​ ​ (5,609) ​ ​ (7,425) ​ (6,215) ​ (24,790) Insurance ​ ​ (1,519) ​ ​ (1,574) ​ ​ (1,580) ​ (1,587) ​ (6,260) Deferred compensation ​ ​ (861) ​ ​ (356) ​ ​ (355) ​ (14,191) ​ (15,763) Depreciation and amortization ​ ​ (16,945) ​ ​ (17,138) ​ ​ (17,149) ​ (17,252) ​ (68,484) Earnings from unconsolidated affiliates ​ ​ 3,617 ​ ​ 4,427 ​ ​ 3,791 ​ 3,911 ​ 15,746 Operating income ​ ​ 25,646 ​ 27,380 ​ 27,159 ​ 11,448 ​ 91,633 Interest expense ​ ​ (10,087) ​ ​ (10,378) ​ ​ (10,249) ​ ​ (11,947) ​ ​ (42,661) Deferred debt issuance costs ​ ​ (963) ​ ​ (971) ​ ​ (982) ​ (7,721) ​ (10,637) Net earnings ​ $ 14,596 ​ $ 16,031 ​ $ 15,928 ​ $ (8,220) ​ $ 38,335 ​

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Dec. 31, 2022
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS	(18) SUBSEQUENT EVENTS ​ In February 2023, the Company and TransMontaigne Operating Company L.P., our wholly owned subsidiary, borrowed $75 million on our revolving credit facility and made a $75 million distribution to our parent, TLP Finance Holdings, LLC for debt service at TLP Finance Holdings, LLC.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2022
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Nature of business	(a) Nature of business TransMontaigne Partners LLC (“we,” “us,” “our,” “the Company”) provides integrated terminaling, storage, transportation and related services for companies engaged in the trading, distribution and marketing of light refined petroleum products, heavy refined petroleum products, renewable products, crude oil, chemicals, fertilizers and other liquid products. We conduct our operations in the United States along the Gulf Coast, in the Midwest, in Houston and Brownsville, Texas, along the Mississippi and Ohio rivers, in the Southeast and along the West Coast. In addition, we sell refined and renewable products to major fuel producers and marketers in the Pacific Northwest at our terminal in Tacoma, Washington. On November 17, 2021, Arclight contributed Pike West Coast Holdings, LLC (“Pike West Coast”) a portfolio company of ArcLight Energy Partners Fund VI, L.P. to the Company. Pike West Coast is an infrastructure company with significant operations across the renewable fuels supply chain in the U.S. Pacific Northwest (the “Pacific Northwest Contribution”). ​ Pike West Coast owns a 100% ownership interest in SeaPort Financing, LLC. SeaPort Financing, LLC owns a 100% ownership interest in SeaPort Sound Terminal, LLC (“SeaPort Sound”), which owns a refined and renewable products terminal in Tacoma, Washington, a 51% ownership interest in SeaPort Midstream Partners, LLC (“SeaPort Midstream”), which owns refined and renewable products terminals in both Seattle, Washington and Portland, Oregon, and a 30% ownership interest in Olympic Pipeline Company, LLC (“Olympic Pipeline Company”), which owns the Olympic Pipeline between Blaine, Washington and Portland, Oregon and a refined and renewable products terminal in Bayview, Washington. ​ The Pacific Northwest Contribution has been recorded at carryover basis as a reorganization of entities under common control. As such, prior periods include the assets, liabilities, and results of operations of the Pacific Northwest Contribution for all periods presented (see Note 3 of Notes to consolidated financial statements).
Basis of presentation and use of estimates	(b) Basis of presentation and use of estimates Our accounting and financial reporting policies conform to accounting principles generally accepted in the United States of America (“GAAP”). The accompanying consolidated financial statements include the accounts of TransMontaigne Partners LLC and its controlled subsidiaries. Investments where we do not have the ability to exercise control, but do have the ability to exercise significant influence, are accounted for using the equity method of accounting. All inter-company accounts and transactions have been eliminated in the preparation of the accompanying consolidated financial statements. The accompanying consolidated financial statements include all adjustments (consisting of normal and recurring accruals) considered necessary to present fairly our financial position as of December 31, 2022 and 2021 and our results of operations for the years ended December 31, 2022, 2021 and 2020. The preparation of financial statements in conformity with GAAP requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenue and expenses during the reporting periods. In management’s opinion, the estimate of useful lives of our plant and equipment are subjective in nature, require the exercise of judgment and involve complex analyses. Changes in these estimates and assumptions will occur as a result of the passage of time and the occurrence of future events. Actual results could differ from these estimates.
Accounting for terminal and pipeline operations	(c) Accounting for terminal and pipeline operations We generate revenue from terminaling services fees, management fees, pipeline transportation fees and product sales. Under Topic 606, Revenue from Contracts with Customers Leases and the series of related Accounting Standards Updates that followed (collectively referred to as “ASC 842”), we recognize revenue over time or at a point in time, depending on the nature of the performance obligations contained in the respective contract with our customer. The contract transaction price is allocated to each performance obligation and recognized as revenue when, or as, the performance obligation is satisfied. The following is an overview of our significant revenue streams, including a description of the respective performance obligations and related method of revenue recognition. Terminaling services fees. Our terminaling services agreements are structured as either throughput agreements or storage agreements. Our throughput agreements contain provisions that require our customers to make minimum payments, which are based on contractually established minimum volumes of throughput of the customer’s product at our facilities, over a stipulated period of time. Due to this minimum payment arrangement, we recognize a fixed amount of revenue from the customer over a certain period of time, even if the customer throughputs less than the minimum volume of product during that period. In addition, if a customer throughputs a volume of product exceeding the minimum volume, we would recognize additional revenue on this incremental volume. Our storage agreements require our customers to make minimum payments based on the volume of storage capacity available to the customer under the agreement, which results in a fixed amount of recognized revenue. We refer to the fixed amount of revenue recognized pursuant to our terminaling services agreements as being “firm commitments.” ​ Our terminaling services agreements include revenue recognized in accordance with ASC 606 and ASC 842. At the time of contract inception, we evaluate each contract to determine whether the contract contains a lease. Significant assumptions used in this process include the determination of whether substantive substitution rights exist based on the terms of the contract and available capacity at the terminal at the time of contract inception. Our terminaling services agreements do not allow our customers to purchase the underlying asset and vary in terms and conditions with respect to extension or termination options. If a contract is accounted for as a lease under ASC 842, we recognize the minimum payments as lease revenue and revenue recognized in excess of firm commitments as a variable payment of the lease. All other components of the contracts accounted for as a lease are treated as non-lease components (ancillary revenue) and are accounted for in accordance with ASC 606. The majority of our firm commitments under our terminaling services agreements are accounted for as lease revenue in accordance with ASC 842. The remaining firm commitments under our terminaling services agreements not accounted for as lease revenue are accounted for in accordance with ASC 606, where the minimum payment arrangement in each contract is considered a single performance obligation that is primarily satisfied over time through the contract term. ​ Revenue recognized in excess of firm commitments and revenue recognized based solely on the volume of product distributed or injected are referred to as ancillary. The ancillary revenue associated with terminaling services include volumes of product throughput that exceed the contractually established minimum volumes, injection fees based on the volume of product injected with additive compounds, heating and mixing of stored products, product transfer, railcar handling, butane blending, proceeds from the sale of product gains, wharfage and vapor recovery. The revenue generated by these services is required to be estimated under ASC 606 for any uncertainty that is not resolved in the period of the service. We account for the majority of ancillary revenue at individual points in time when the services are delivered to the customer. The majority of our ancillary revenue is recognized in accordance with ASC 606 (See Note 15 of Notes to consolidated financial statements). ​ Management fees. Management fee revenue is recognized at individual points in time as the services are performed or as the costs are incurred and is primarily accounted for in accordance with ASC 606. Management fees related to lease revenue are accounted for in accordance with ASC 842. Pipeline transportation fees. Product sales.
Cash and cash equivalents	(d) Cash and cash equivalents We consider all short-term investments with a remaining maturity of three months or less at the date of purchase to be cash equivalents.
Inventory	(e) Inventory Inventory represents refined and renewable products held for resale and are recorded at the lower of cost or net realizable value. Cost is determined by using the average cost method. At December 31, 2022 and 2021, our refined products inventory was approximately $4.1 million and $2.8 million, respectively. At both December 31, 2022 and 2021, our renewable products inventory was approximately $2.5 million. We did not recognize any adjustments to the lower of cost or net realizable value during the years ended December 31, 2022 and 2021.
Property, plant and equipment	(f) Property, plant and equipment Depreciation is computed using the straight-line method. Estimated useful lives are 15 to 25 years for terminals and pipelines and 3 to 25 years for furniture, fixtures and equipment. All items of property, plant and equipment are carried at cost. Expenditures that increase capacity or extend useful lives are capitalized. Repairs and maintenance are expensed as incurred. We evaluate long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying value of an asset group may not be recoverable based on expected undiscounted future cash flows attributable to that asset group. If an asset group is impaired, the impairment loss to be recognized is the excess of the carrying amount of the asset group over its estimated fair value. We did not recognize any impairment charges for each of the years ended December 31, 2022, 2021 and 2020.
Investments in unconsolidated affiliates	(g) Investments in unconsolidated affiliates We account for our investments in unconsolidated affiliates, which we do not control but do have the ability to exercise significant influence over, using the equity method of accounting. Under this method, the investment is recorded at acquisition cost, increased by our proportionate share of any earnings and additional capital contributions and decreased by our proportionate share of any losses, distributions received and amortization of any excess investment. Excess investment is the amount by which our total investment exceeds our proportionate share of the book value of the net assets of the investment entity. We evaluate our investments in unconsolidated affiliates for impairment whenever events or circumstances indicate there is a loss in value of the investment that is other than temporary. In the event of impairment, we would record a charge to earnings to adjust the carrying amount to estimated fair value. We did not recognize any impairment charges for each of the years ended December 31, 2022, 2021 and 2020.
Environmental obligations	(h) Environmental obligations We accrue for environmental costs that relate to existing conditions caused by past operations when probable and reasonably estimable (see Note 10 of Notes to consolidated financial statements). Environmental costs include initial site surveys and environmental studies of potentially contaminated sites, costs for remediation and restoration of sites determined to be contaminated and ongoing monitoring costs, as well as fines, damages and other costs, including direct legal costs. Liabilities for environmental costs at a specific site are initially recorded, on an undiscounted basis, when it is probable that we will be liable for such costs, and a reasonable estimate of the associated costs can be made based on available information. Such an estimate includes our share of the liability for each specific site and the sharing of the amounts related to each site that will not be paid by other potentially responsible parties, based on enacted laws and adopted regulations and policies. Adjustments to initial estimates are recorded, from time to time, to reflect changing circumstances and estimates based upon additional information developed in subsequent periods. Estimates of our ultimate liabilities associated with environmental costs are difficult to make with certainty due to the number of variables involved, including the early stage of investigation at certain sites, the lengthy time frames required to complete remediation, technology changes, alternatives available and the evolving nature of environmental laws and regulations. We periodically file claims for insurance recoveries of certain environmental remediation costs with our insurance carriers under our comprehensive liability policies (see Note 5 of Notes to consolidated financial statements). In connection with our acquisition of the Florida (other than Pensacola), Midwest, Brownsville, Texas, River, Southeast, and Pensacola, Florida terminal and facilities, a third party agreed to indemnify us against certain potential environmental claims, losses and expenses. Based on our current knowledge, we expect that the active remediation projects subject to the benefit of this indemnification obligation are winding down and will not involve material additional claims, losses, and expenses.
Asset retirement obligations	(i) Asset retirement obligations Asset retirement obligations are legal obligations associated with the retirement of long-lived assets that result from the acquisition, construction, development or normal use of the asset. GAAP requires that the fair value of a liability related to the retirement of long-lived assets be recorded at the time a legal obligation is incurred. Once an asset retirement obligation is identified and a liability is recorded, a corresponding asset is recorded, which is depreciated over the remaining useful life of the asset. After the initial measurement, the liability is adjusted to reflect changes in the asset retirement obligation. If and when it is determined that a legal obligation has been incurred, the fair value of any liability is determined based on estimates and assumptions related to retirement costs, future inflation rates and interest rates. Our long-lived assets consist of above-ground storage facilities and underground pipelines. We are unable to predict if and when these long-lived assets will become completely obsolete and require dismantlement. We have not recorded an asset retirement obligation, or corresponding asset, because the future dismantlement and removal dates of our long-lived assets is indeterminable and the amount of any associated costs are believed to be insignificant. Changes in our assumptions and estimates may occur as a result of the passage of time and the occurrence of future events.
Accounting for derivative instruments	(j) Accounting for derivative instruments Generally accepted accounting principles require us to recognize all derivative instruments at fair value in the consolidated balance sheets as assets or liabilities. Changes in the fair value of our derivative instruments are recognized in the consolidated statements of operations. $nil
Income taxes	(k) Income taxes No provision for U.S. federal income taxes has been reflected in the accompanying consolidated financial statements because we are treated as a partnership for federal income tax purposes. As a partnership, all income, gains, losses, expenses, deductions and tax credits generated by us flow up to our owners.
Comprehensive income	(l) Comprehensive income Entities that report items of other comprehensive income have the option to present the components of net earnings and comprehensive income in either one continuous financial statement, or two consecutive financial statements. As we have no components of comprehensive income other than net earnings, no statement of comprehensive income has been presented.
Recent accounting pronouncements	(m) Recent accounting pronouncements Reference Rate Reform — Facilitation of the Effects of Reference Rate Reform on Financial Reporting. Further, in January 2021, the FASB issued Update No. 2021-01, Reference Rate Reform (Topic 848), which clarifies the scope of Topic 848 so that derivatives affected by the discounting transition are explicitly eligible for certain optional expedients and exceptions in Topic 848. We do not expect the adoption of this guidance to have an impact on our financial position, results of operations or cash flows

CONTRIBUTION OF TERMINAL ASSE_2

CONTRIBUTION OF TERMINAL ASSETS (Tables)	12 Months Ended
	Dec. 31, 2022
CONTRIBUTION OF TERMINAL ASSETS
Schedule of assets and liabilities	Our basis in the assets and liabilities of the Pacific Northwest Contribution at the time of the contribution was as follows (in thousands): ​ ​ ​ ​ Cash $ 19,078 Trade accounts receivable ​ 8,174 Inventory ​ ​ 3,145 Other current assets ​ ​ 671 Property, plant and equipment, net ​ ​ 120,215 Investment in unconsolidated affiliates ​ ​ 108,691 Goodwill ​ ​ 9,158 Other assets, net ​ ​ 14,689 Trade accounts payable ​ ​ (6,062) Senior secured term loan ​ ​ (191,510) Accrued and other liabilities ​ ​ (1,552) Equity ​ $ 84,697

CONCENTRATION OF CREDIT RISK _2

CONCENTRATION OF CREDIT RISK AND TRADE ACCOUNTS RECEIVABLE (Tables)	12 Months Ended
	Dec. 31, 2022
CONCENTRATION OF CREDIT RISK AND TRADE ACCOUNTS RECEIVABLE
Schedule of trade accounts receivable (in thousands)	Trade accounts receivable, net consists of the following (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ December 31, December 31, ​ ​ 2022 ​ 2021 Trade accounts receivable ​ $ 46,060 ​ $ 20,028 ​
Schedule of roll forward of allowance for credit losses (in thousands)	The following table presents a roll forward of our allowance for credit losses (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance at ​ ​ ​ ​ Balance at ​ ​ beginning ​ Charged to ​ ​ ​ ​ end of ​ of period expenses Deductions period 2022 ​ $ — ​ $ — ​ $ — ​ $ — 2021 ​ $ — ​ $ — ​ $ — ​ $ — 2020 ​ $ 127 ​ $ — ​ $ (127) ​ $ — ​
Schedule of customer who accounted for at least 10% of consolidated revenue	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year ended Year ended ​ Year ended ​ ​ December 31, ​ December 31, ​ December 31, ​ ​ 2022 ​ 2021 ​ 2020 Customer A ​ 13 % 7 % 2 % Customer B ​ 8 % 11 % 7 % Customer C ​ 8 % 10 % 9 % Customer D ​ — % — % 10 %

OTHER CURRENT ASSETS (Tables)

OTHER CURRENT ASSETS (Tables)	12 Months Ended
	Dec. 31, 2022
OTHER CURRENT ASSETS
Schedule of other current assets (in thousands)	Other current assets are as follows (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, December 31, ​ ​ 2022 ​ 2021 Unrealized gain on interest rate swap agreements ​ $ 5,613 ​ $ — ​ Prepaid insurance ​ ​ 1,198 ​ ​ 1,913 ​ Additive detergent ​ 1,666 ​ 1,055 ​ Amounts due from insurance companies ​ ​ 2,340 ​ ​ 414 ​ Deposits and other assets ​ 4,882 ​ 3,110 ​ ​ ​ $ 15,699 ​ $ 6,492 ​ ​

PROPERTY, PLANT AND EQUIPMENT_2

PROPERTY, PLANT AND EQUIPMENT, NET (Tables)	12 Months Ended
	Dec. 31, 2022
PROPERTY, PLANT AND EQUIPMENT, NET
Schedule of property, plant and equipment, net (in thousands)	Property, plant and equipment, net is as follows (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ December 31, December 31, ​ ​ 2022 ​ 2021 Land ​ $ 104,017 ​ $ 104,647 Terminals, pipelines and equipment ​ 1,333,771 ​ 1,266,086 Furniture, fixtures and equipment ​ 17,880 ​ 16,986 Construction in progress ​ 17,362 ​ 32,997 ​ ​ 1,473,030 ​ 1,420,716 Less accumulated depreciation ​ (637,123) ​ (569,233) ​ ​ $ 835,907 ​ $ 851,483 ​

GOODWILL (Tables)

GOODWILL (Tables)	12 Months Ended
	Dec. 31, 2022
GOODWILL.
Schedule of goodwill (in thousands)	Goodwill is as follows (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, December 31, ​ ​ 2022 ​ 2021 Brownsville terminals ​ $ 8,485 ​ $ 8,485 ​ West Coast terminals ​ ​ 10,101 ​ ​ 10,101 ​ ​ ​ $ 18,586 ​ $ 18,586 ​ ​

INVESTMENTS IN UNCONSOLIDATED_2

INVESTMENTS IN UNCONSOLIDATED AFFILIATES (Tables)	12 Months Ended
	Dec. 31, 2022
INVESTMENTS IN UNCONSOLIDATED AFFILIATES
Summary of investments in unconsolidated affiliates	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Percentage of ​ Carrying value ​ ​ ​ ownership ​ (in thousands) ​ ​ ​ December 31, ​ December 31, ​ December 31, ​ December 31, ​ ​ 2022 2021 2022 2021 BOSTCO ​ 42.5 % 42.5 % $ 195,770 ​ $ 200,301 ​ Olympic Pipeline Company ​ 30 % 30 % ​ 77,934 ​ ​ 80,941 ​ SeaPort Midstream ​ 51 % 51 % ​ 30,788 ​ ​ 29,136 ​ Frontera ​ 50 % 50 % 21,340 ​ 22,314 ​ Total investments in unconsolidated affiliates ​ ​ ​ ​ ​ $ 325,832 ​ $ 332,692 ​ ​
Schedule of earnings from investments in unconsolidated affiliates (in thousands)	Earnings from investments in unconsolidated affiliates were as follows (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year ended ​ Year ended ​ Year ended ​ ​ December 31, ​ December 31, ​ December 31, ​ 2022 2021 2020 BOSTCO ​ $ 5,442 ​ $ 5,248 ​ $ 3,933 Olympic Pipeline Company ​ ​ 3,096 ​ ​ 8,055 ​ ​ 1,766 SeaPort Midstream ​ ​ 1,652 ​ ​ 585 ​ ​ 1,592 Frontera ​ ​ 940 ​ ​ 1,858 ​ ​ 2,565 Total earnings from investments in unconsolidated affiliates ​ $ 11,130 ​ $ 15,746 ​ $ 9,856
Schedule of additional capital investments in unconsolidated affiliates (in thousands)	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year ended ​ Year ended ​ Year ended ​ ​ December 31, ​ December 31, ​ December 31, ​ 2022 2021 2020 BOSTCO ​ $ — ​ $ 4,051 ​ $ 7,257 Olympic Pipeline Company ​ ​ — ​ ​ — ​ ​ — SeaPort Midstream ​ ​ — ​ ​ — ​ ​ — Frontera ​ ​ — ​ ​ — ​ ​ — Additional capital investments in unconsolidated affiliates ​ $ — ​ $ 4,051 ​ $ 7,257 ​
Schedule of cash distributions received from unconsolidated affiliates (in thousands)	Cash distributions received from unconsolidated affiliates were as follows (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year ended ​ Year ended ​ Year ended ​ ​ December 31, ​ December 31, ​ December 31, ​ 2022 2021 2020 BOSTCO ​ $ 9,973 ​ $ 10,910 ​ $ 11,021 Olympic Pipeline Company ​ ​ 6,103 ​ ​ 4,599 ​ ​ 2,785 SeaPort Midstream ​ ​ — ​ ​ — ​ ​ — Frontera ​ ​ 1,914 ​ ​ 3,580 ​ ​ 2,211 Cash distributions received from unconsolidated affiliates ​ $ 17,990 ​ $ 19,089 ​ $ 16,017 ​
Summary of financial information of unconsolidated affiliates (in thousands)	The summarized combined financial information of our unconsolidated affiliates was as follows (in thousands): Balance sheets: ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ December 31, ​ 2022 ​ 2021 Current assets ​ $ 58,253 ​ $ 57,797 Long-term assets ​ 770,715 ​ 760,169 Current liabilities ​ (41,711) ​ (38,701) Long-term liabilities ​ ​ (63,585) ​ ​ (44,144) Net assets ​ $ 723,672 ​ $ 735,121 ​ Statements of income ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year ended ​ Year ended ​ Year ended ​ ​ December 31, ​ December 31, ​ December 31, ​ 2022 ​ 2021 2020 Revenue ​ $ 195,172 $ 193,533 ​ $ 167,912 Expenses ​ ​ (163,751) ​ (148,250) ​ (142,838) Net income ​ $ 31,421 ​ $ 45,283 ​ $ 25,074

OTHER ASSETS, NET (Tables)

OTHER ASSETS, NET (Tables)	12 Months Ended
	Dec. 31, 2022
OTHER ASSETS, NET
Schedule of other assets, net (in thousands)	Other assets, net are as follows (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, December 31, ​ ​ 2022 ​ 2021 Customer relationships, net of accumulated amortization of $18,108 and $14,913, respectively ​ $ 47,422 ​ $ 50,617 ​ Unrealized gain on interest rate swap agreements ​ ​ 10,338 ​ ​ — ​ SeaPort Midstream member loan ​ 1,259 ​ 1,259 ​ Long-term customer receivables ​ ​ 6 ​ ​ 536 ​ Deposits and other assets ​ 685 ​ 734 ​ ​ ​ $ 59,710 ​ $ 53,146 ​ ​
Schedule of expected amortization expense for customer relationships (in thousands)	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ending December 31, ​ ​ ​ ​ 2023 2024 2025 2026 2027 Thereafter Amortization expense $ 3,195 ​ $ 3,195 ​ $ 3,195 ​ $ 3,195 ​ $ 3,195 ​ $ 31,447 ​

ACCRUED LIABILITIES (Tables)

ACCRUED LIABILITIES (Tables)	12 Months Ended
	Dec. 31, 2022
ACCRUED LIABILITIES
Schedule of accrued liabilities (in thousands)	Accrued liabilities are as follows (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, December 31, ​ ​ 2022 ​ 2021 Accrued compensation expense ​ $ 13,384 ​ $ 12,497 ​ Customer advances and deposits ​ ​ 11,816 ​ ​ 10,572 ​ Interest payable ​ ​ 8,346 ​ ​ 8,605 ​ Accrued property taxes ​ 4,349 ​ 2,346 ​ Accrued environmental obligations ​ 1,363 ​ 1,812 ​ Accrued expenses and other ​ 4,162 ​ 1,919 ​ ​ ​ $ 43,420 ​ $ 37,751 ​ ​
Schedule of roll forward of accrued environmental obligations (in thousands)	The following table presents a roll forward of our accrued environmental obligations (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance at ​ Increase Balance at ​ ​ beginning ​ ​ ​ ​ (decrease) ​ end of ​ of period Payments in estimate period 2022 ​ $ 1,812 ​ $ (1,188) ​ $ 739 ​ $ 1,363 2021 ​ $ 1,211 ​ $ (860) ​ $ 1,461 ​ $ 1,812 2020 ​ $ 1,841 ​ $ (557) ​ $ (73) ​ $ 1,211

LONG-TERM DEBT (Tables)

LONG-TERM DEBT (Tables)	12 Months Ended
	Dec. 31, 2022
LONG-TERM DEBT
Summary of debt (in thousands)	Long-term debt is as follows (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, December 31, ​ ​ 2022 ​ 2021 Senior secured term loan outstanding ​ $ 990,000 ​ $ 1,000,000 Revolving credit facility outstanding ​ ​ — ​ ​ — 6.125% senior notes due in 2026 ​ ​ 299,900 ​ ​ 299,900 Unamortized deferred debt issuance costs (1) ​ ​ (22,681) ​ ​ (25,960) Total debt ​ ​ 1,267,219 ​ ​ 1,273,940 Current portion of senior secured term loan ​ ​ (10,000) ​ ​ (10,000) Long-term debt ​ $ 1,257,219 ​ $ 1,263,940 (1) Deferred debt issuance costs are amortized using the effective interest method over the applicable term of the senior secured term loan and senior notes. For the years ended December 31, 2022 and 2021, amortization of deferred debt issuance costs was approximately $4.1 million and $10.6 million, respectively. For the years ended December 31, 2022 and 2021, expense related to one-time debt issuance costs to secure mortgages related to the Credit Agreement was approximately $2.7 million and $nil , respectively.
Schedule of proceeds from senior secured term loan (in thousands)	​ Proceeds from the $1 billion senior secured term loan were used as follows (in thousands): ​ ​ ​ ​ ​ Repayment of revolving credit facility ​ $ 351,700 Payment for contribution of Pacific Northwest ​ ​ 256,300 Repayment of SeaPort Financing term loan ​ ​ 198,200 Distribution to TLP Finance for debt service ​ ​ 174,200 Deferred debt issuance costs ​ ​ 19,600 Proceeds from senior secured term loan ​ $ 1,000,000 ​

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	12 Months Ended
	Dec. 31, 2022
COMMITMENTS AND CONTINGENCIES
Schedule of lease cost and other information	Following are components of our lease costs (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year ended Year ended ​ Year ended ​ ​ December 31, ​ December 31, ​ December 31, ​ 2022 2021 2020 Operating leases ​ $ 5,573 ​ $ 5,300 ​ $ 4,723 Variable lease costs (including insignificant short-term leases) ​ ​ 1,627 ​ ​ 1,150 ​ ​ 849 Sublease income as primary obligor ​ ​ (1,080) ​ ​ (999) ​ ​ (1,000) Total lease costs ​ $ 6,120 ​ $ 5,451 ​ $ 4,572 ​ Other information related to our operating leases was as follows (in thousands, except lease term and discount rate): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year ended Year ended Year ended ​ ​ December 31, ​ December 31, ​ December 31, ​ 2022 ​ 2021 ​ 2020 Cash outflows for operating leases ​ $ 5,400 ​ $ 5,334 ​ $ 4,742 Weighted average remaining lease term (years) ​ ​ 27.95 ​ ​ 29.26 ​ ​ 18.35 Weighted average discount rate ​ ​ 4.5% ​ ​ 4.7% ​ ​ 5.2% ​
Schedule of future minimum lease payments	Undiscounted cash flows owed by the Company to lessors pursuant to contractual agreements in effect as of December 31, 2022 and related imputed interest was as follows (in thousands): ​ ​ ​ ​ Years ending December 31: ​ ​ ​ 2023 ​ $ 5,525 2024 ​ 5,321 2025 ​ 4,883 2026 ​ 3,568 2027 ​ 3,437 Thereafter ​ 69,703 Total lease payments ​ ​ 92,437 Less imputed interest ​ ​ (39,760) Present value of operating lease liabilities ​ $ 52,677

REVENUE FROM CONTRACTS WITH C_2

REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables)	12 Months Ended
	Dec. 31, 2022
REVENUE FROM CONTRACTS WITH CUSTOMERS
Revenue disaggregated by category (in thousands)	The following table provides details of our revenue disaggregated by category of revenue (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year ended Year ended Year ended ​ ​ December 31, ​ December 31, ​ December 31, ​ 2022 ​ 2021 ​ 2020 Terminaling services fees: ​ ​ ​ ​ ​ ​ ​ ​ ​ Firm commitments (ASC 842 revenue) ​ $ 183,595 ​ $ 184,082 ​ $ 198,165 Firm commitments (ASC 606 revenue) ​ ​ 39,040 ​ ​ 38,678 ​ ​ 31,197 Total firm commitments revenue ​ ​ 222,635 ​ ​ 222,760 ​ ​ 229,362 Ancillary revenue (ASC 606 revenue) ​ 66,285 ​ 51,787 ​ 46,307 Ancillary revenue (ASC 842 revenue) ​ 2,030 ​ 1,934 ​ 4,003 Total ancillary revenue ​ 68,315 ​ 53,721 ​ 50,310 Total terminaling services fees ​ 290,950 ​ 276,481 ​ 279,672 Product sales (ASC 606 revenue) ​ 361,025 ​ 231,239 ​ 183,555 Management fees (ASC 606 revenue) ​ 12,932 ​ 10,870 ​ 9,731 Management fees (ASC 842 revenue) ​ 1,488 ​ 1,452 ​ 1,211 Total management fees ​ 14,420 ​ 12,322 ​ 10,942 Pipeline transportation fees (ASC 842 revenue) ​ — ​ 638 ​ 3,519 Total revenue ​ $ 666,395 ​ $ 520,680 ​ $ 477,688 ​
Schedule of estimated future ASC 606 revenue by segment (in thousands)	The following table includes our estimated future revenue associated with our firm commitments under terminaling services fees which is expected to be recognized as ASC 606 revenue in the specified period related to our future performance obligations as of the end of the reporting period (in thousands): Estimated Future ASC 606 Revenue by Segment ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gulf Coast ​ Midwest ​ Brownsville ​ River ​ Southeast ​ West Coast ​ Central ​ ​ ​ ​ Terminals Terminals Terminals Terminals Terminals Terminals Services Total 2023 ​ $ 1,808 ​ $ 514 ​ $ 2,913 ​ $ 547 ​ $ 9,492 ​ $ 12,949 ​ $ — ​ $ 28,223 2024 ​ ​ 250 ​ ​ 32 ​ ​ 2,254 ​ ​ — ​ ​ 6,965 ​ ​ 1,015 ​ ​ — ​ ​ 10,516 2025 ​ ​ — ​ ​ — ​ ​ 2,239 ​ ​ — ​ ​ 5,160 ​ ​ 530 ​ ​ — ​ ​ 7,929 2026 ​ ​ — ​ ​ — ​ ​ 547 ​ ​ — ​ ​ 5,160 ​ ​ — ​ ​ — ​ ​ 5,707 2027 ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 4,300 ​ ​ — ​ ​ — ​ ​ 4,300 Thereafter ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total estimated future ASC 606 revenue ​ $ 2,058 ​ $ 546 ​ $ 7,953 ​ $ 547 ​ $ 31,077 ​ $ 14,494 ​ $ — ​ $ 56,675 ​
Schedule of estimated future ASC 842 revenue (in thousands)	​ ​ ​ ​ Years ending December 31: ​ ​ ​ 2023 ​ $ 168,090 2024 ​ 118,503 2025 ​ 86,617 2026 ​ 60,517 2027 ​ 44,821 Thereafter ​ ​ 436,250 Total estimated future ASC 842 revenue ​ $ 914,798
Schedule of trade accounts receivable	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Contracts under ​ ​ ​ ASC 606 ​ ASC 842 ​ Total Trade accounts receivable at December 31, 2021 ​ $ 12,792 ​ $ 7,236 ​ $ 20,028 Trade accounts receivable at December 31, 2022 ​ $ 33,127 ​ $ 12,933 ​ $ 46,060
Schedule of long-term customer receivables	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Contracts under ​ ​ ​ ASC 606 ​ ASC 842 ​ Total Long-term customer receivables at December 31, 2021 ​ $ — ​ $ 536 ​ $ 536 Long-term customer receivables at December 31, 2022 ​ $ — ​ $ 6 ​ $ 6 ​
Schedule of changes in contract liabilities	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Contracts under ​ ​ ​ ASC 606 ​ ASC 842 ​ Total Contract liabilities at December 31, 2021 ​ $ 1,301 ​ $ 12,605 ​ $ 13,906 Contract liabilities at December 31, 2022 ​ $ 1,574 ​ $ 11,462 ​ $ 13,036 ​

BUSINESS SEGMENTS (Tables)

BUSINESS SEGMENTS (Tables)	12 Months Ended
	Dec. 31, 2022
BUSINESS SEGMENTS
Schedule of information related to financial performance of business segments (in thousands)	The financial performance of our business segments is as follows (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year ended ​ Year ended ​ Year ended ​ ​ December 31, ​ December 31, ​ December 31, ​ ​ 2022 2021 2020 Gulf Coast Terminals: ​ ​ ​ ​ ​ ​ ​ ​ ​ Terminaling services fees ​ $ 86,549 ​ $ 77,061 ​ $ 76,875 Management fees ​ ​ 63 ​ ​ 54 ​ ​ 32 Revenue ​ ​ 86,612 ​ ​ 77,115 ​ ​ 76,907 Operating costs and expenses ​ ​ (23,550) ​ ​ (22,541) ​ ​ (20,946) Net margins ​ ​ 63,062 ​ ​ 54,574 ​ ​ 55,961 Midwest Terminals: ​ ​ ​ ​ ​ ​ ​ ​ ​ Terminaling services fees ​ ​ 10,269 ​ ​ 10,504 ​ ​ 8,358 Pipeline transportation fees ​ ​ — ​ ​ — ​ ​ 1,909 Revenue ​ ​ 10,269 ​ ​ 10,504 ​ ​ 10,267 Operating costs and expenses ​ ​ (1,856) ​ ​ (2,222) ​ ​ (2,942) Net margins ​ ​ 8,413 ​ ​ 8,282 ​ ​ 7,325 Brownsville Terminals: ​ ​ ​ ​ ​ ​ ​ ​ ​ Terminaling services fees ​ ​ 19,723 ​ ​ 17,595 ​ ​ 15,071 Management fees ​ ​ 5,911 ​ ​ 5,257 ​ ​ 5,288 Pipeline transportation fees ​ ` — ​ ​ 638 ​ ​ 1,610 Revenue ​ ​ 25,634 ​ ​ 23,490 ​ ​ 21,969 Operating costs and expenses ​ ​ (10,240) ​ ​ (9,310) ​ ​ (9,749) Net margins ​ ​ 15,394 ​ ​ 14,180 ​ ​ 12,220 River Terminals: ​ ​ ​ ​ ​ ​ ​ ​ ​ Terminaling services fees ​ ​ 14,466 ​ ​ 13,998 ​ ​ 11,700 Revenue ​ ​ 14,466 ​ ​ 13,998 ​ ​ 11,700 Operating costs and expenses ​ ​ (6,681) ​ ​ (6,328) ​ ​ (5,777) Net margins ​ ​ 7,785 ​ ​ 7,670 ​ ​ 5,923 Southeast Terminals: ​ ​ ​ ​ ​ ​ ​ ​ ​ Terminaling services fees ​ ​ 68,699 ​ ​ 77,031 ​ ​ 88,573 Management fees ​ ​ 1,150 ​ ​ 1,092 ​ ​ 947 Revenue ​ ​ 69,849 ​ ​ 78,123 ​ ​ 89,520 Operating costs and expenses ​ ​ (25,754) ​ ​ (24,319) ​ ​ (23,498) Net margins ​ ​ 44,095 ​ ​ 53,804 ​ ​ 66,022 West Coast Terminals: ​ ​ ​ ​ ​ ​ ​ ​ ​ Product sales ​ ​ 361,025 ​ ​ 231,239 ​ ​ 183,555 Terminaling services fees ​ ​ 91,244 ​ ​ 80,292 ​ ​ 79,095 Management fees ​ ​ 42 ​ ​ 40 ​ ​ 38 Revenue ​ ​ 452,311 ​ ​ 311,571 ​ ​ 262,688 Cost of product sales ​ ​ (347,302) ​ ​ (218,395) ​ ​ (171,727) Operating costs and expenses ​ ​ (34,794) ​ ​ (31,732) ​ ​ (31,281) Costs and expenses ​ ​ (382,096) ​ ​ (250,127) ​ ​ (203,008) Net margins ​ ​ 70,215 ​ ​ 61,444 ​ ​ 59,680 Central Services: ​ ​ ​ ​ ​ ​ ​ ​ ​ Management fees ​ ​ 7,254 ​ ​ 5,879 ​ ​ 4,637 Revenue ​ ​ 7,254 ​ ​ 5,879 ​ ​ 4,637 Operating costs and expenses ​ ​ (15,761) ​ ​ (14,649) ​ ​ (13,824) Net margins ​ ​ (8,507) ​ ​ (8,770) ​ ​ (9,187) Total net margins ​ ​ 200,457 ​ ​ 191,184 ​ ​ 197,944 General and administrative ​ ​ (29,462) ​ ​ (24,790) ​ ​ (23,147) Insurance ​ ​ (6,289) ​ ​ (6,260) ​ ​ (5,837) Deferred compensation ​ ​ (3,778) ​ ​ (15,763) ​ ​ (2,173) Depreciation and amortization ​ ​ (71,106) ​ ​ (68,484) ​ ​ (66,034) Earnings from unconsolidated affiliates ​ ​ 11,130 ​ ​ 15,746 ​ ​ 9,856 Operating income ​ ​ 100,952 ​ ​ 91,633 ​ ​ 110,609 Other expenses (interest and deferred debt issuance costs) ​ ​ (59,003) ​ ​ (53,298) ​ ​ (49,750) Net earnings ​ $ 41,949 ​ $ 38,335 ​ $ 60,859 ​
Schedule of supplemental information about consolidated business segments (in thousands)	Supplemental information about our business segments is summarized below (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year ended December 31, 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gulf Coast ​ Midwest ​ Brownsville ​ River ​ Southeast ​ West Coast ​ Central ​ ​ ​ ​ Terminals Terminals Terminals Terminals Terminals Terminals Services Total Revenue: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Terminal revenue ​ $ 86,612 ​ $ 10,269 ​ $ 25,634 ​ $ 14,466 ​ $ 69,849 ​ $ 91,286 ​ $ 7,254 ​ $ 305,370 Product sales ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 361,025 ​ — ​ ​ 361,025 Revenue ​ $ 86,612 ​ $ 10,269 ​ $ 25,634 ​ $ 14,466 ​ $ 69,849 ​ $ 452,311 ​ $ 7,254 ​ $ 666,395 Capital expenditures ​ $ 11,484 ​ $ 816 ​ $ 5,114 ​ $ 1,963 ​ $ 10,310 ​ $ 24,017 ​ $ 788 ​ $ 54,492 Identifiable assets ​ $ 138,636 ​ $ 16,102 ​ $ 115,543 ​ $ 46,610 ​ $ 241,668 ​ $ 446,088 ​ $ 10,879 ​ $ 1,015,526 Cash and cash equivalents ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 13,016 Investments in unconsolidated affiliates ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 325,832 Other ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 21,649 Total assets ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ $ 1,376,023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year ended December 31, 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gulf Coast ​ Midwest ​ Brownsville ​ River ​ Southeast ​ West Coast ​ Central ​ ​ ​ ​ Terminals Terminals Terminals Terminals Terminals Terminals Services Total Revenue: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Terminal revenue ​ $ 77,115 ​ $ 10,504 ​ $ 23,490 ​ $ 13,998 ​ $ 78,123 ​ $ 80,332 ​ $ 5,879 ​ $ 289,441 Product sales ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 231,239 ​ — ​ ​ 231,239 Revenue ​ $ 77,115 ​ $ 10,504 ​ $ 23,490 ​ $ 13,998 ​ $ 78,123 ​ $ 311,571 ​ $ 5,879 ​ $ 520,680 Capital expenditures ​ $ 9,045 ​ $ 360 ​ $ 10,748 ​ $ 4,915 ​ $ 10,720 ​ $ 28,471 ​ $ 155 ​ $ 64,414 Identifiable assets ​ $ 137,204 ​ $ 16,825 ​ $ 111,714 ​ $ 49,060 ​ $ 243,684 ​ $ 433,867 ​ $ 9,165 ​ $ 1,001,519 Cash and cash equivalents ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 18,273 Investments in unconsolidated affiliates ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 332,692 Other ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 4,468 Total assets ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ $ 1,356,952 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year ended December 31, 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gulf Coast ​ Midwest ​ Brownsville ​ River ​ Southeast ​ West Coast ​ Central ​ ​ ​ ​ Terminals Terminals Terminals Terminals Terminals Terminals Services Total Revenue: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Terminal revenue ​ $ 76,907 ​ $ 10,267 ​ $ 21,969 ​ $ 11,700 ​ $ 89,520 ​ $ 79,133 ​ $ 4,637 ​ $ 294,133 Product sales ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 183,555 ​ — ​ ​ 183,555 Revenue ​ $ 76,907 ​ $ 10,267 ​ $ 21,969 ​ $ 11,700 ​ $ 89,520 ​ $ 262,688 ​ $ 4,637 ​ $ 477,688 Capital expenditures ​ $ 9,491 ​ $ 933 ​ $ 22,116 ​ $ 9,314 ​ $ 22,091 ​ $ 10,841 ​ $ 1,154 ​ $ 75,940 ​

FINANCIAL RESULTS BY QUARTER _2

FINANCIAL RESULTS BY QUARTER (UNAUDITED) (Tables)	12 Months Ended
	Dec. 31, 2022
FINANCIAL RESULTS BY QUARTER (UNAUDITED)
Schedule of financial results by quarter	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three months ended ​ ​ ​ ​ ​ ​ ​ ​ Year ended ​ ​ March 31, ​ June 30, ​ September 30, ​ December 31, ​ December 31, ​ 2022 2022 2022 2022 2022 ​ ​ (in thousands) Revenue: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Terminal revenue $ 75,051 ​ $ 74,340 ​ $ 77,833 ​ $ 78,146 ​ $ 305,370 Product sales ​ 71,679 ​ ​ 108,195 ​ ​ 100,840 ​ 80,311 ​ 361,025 Total revenue ​ ​ 146,730 ​ ​ 182,535 ​ ​ 178,673 ​ ​ 158,457 ​ ​ 666,395 Cost of product sales ​ ​ (69,453) ​ ​ (103,709) ​ ​ (96,173) ​ ​ (77,967) ​ ​ (347,302) Operating ​ (30,802) ​ ​ (28,194) ​ ​ (29,705) ​ (29,935) ​ (118,636) General and administrative ​ (7,755) ​ ​ (7,708) ​ ​ (6,967) ​ (7,032) ​ (29,462) Insurance ​ (1,552) ​ ​ (1,703) ​ ​ (1,525) ​ (1,509) ​ (6,289) Deferred compensation ​ (1,444) ​ ​ (776) ​ ​ (786) ​ (772) ​ (3,778) Depreciation and amortization ​ (17,500) ​ ​ (17,629) ​ ​ (17,886) ​ (18,091) ​ (71,106) Earnings from unconsolidated affiliates ​ 3,228 ​ ​ 3,629 ​ ​ 2,922 ​ 1,351 ​ 11,130 Operating income ​ 21,452 ​ 26,445 ​ 28,553 ​ 24,502 ​ 100,952 Interest expense ​ ​ (14,573) ​ ​ (14,347) ​ ​ (2,599) ​ ​ (20,731) ​ ​ (52,250) Deferred debt issuance costs ​ (1,008) ​ ​ (1,039) ​ ​ (3,712) ​ (994) ​ (6,753) Net earnings ​ $ 5,871 ​ $ 11,059 ​ $ 22,242 ​ $ 2,777 ​ $ 41,949 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three months ended ​ ​ ​ ​ ​ ​ ​ ​ Year ended ​ ​ March 31, ​ June 30, ​ September 30, ​ December 31, ​ December 31, ​ 2021 2021 2021 2021 2021 ​ ​ (in thousands) Revenue: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Terminal revenue $ 73,108 ​ $ 71,341 ​ $ 72,301 ​ $ 72,691 ​ $ 289,441 Product sales ​ ​ 29,438 ​ ​ 68,651 ​ ​ 70,083 ​ 63,067 ​ 231,239 Total revenue ​ ​ 102,546 ​ ​ 139,992 ​ ​ 142,384 ​ ​ 135,758 ​ ​ 520,680 Cost of product sales ​ ​ (26,616) ​ ​ (65,380) ​ ​ (65,769) ​ ​ (60,630) ​ ​ (218,395) Operating ​ ​ (29,035) ​ ​ (26,982) ​ ​ (26,738) ​ (28,346) ​ (111,101) General and administrative ​ ​ (5,541) ​ ​ (5,609) ​ ​ (7,425) ​ (6,215) ​ (24,790) Insurance ​ ​ (1,519) ​ ​ (1,574) ​ ​ (1,580) ​ (1,587) ​ (6,260) Deferred compensation ​ ​ (861) ​ ​ (356) ​ ​ (355) ​ (14,191) ​ (15,763) Depreciation and amortization ​ ​ (16,945) ​ ​ (17,138) ​ ​ (17,149) ​ (17,252) ​ (68,484) Earnings from unconsolidated affiliates ​ ​ 3,617 ​ ​ 4,427 ​ ​ 3,791 ​ 3,911 ​ 15,746 Operating income ​ ​ 25,646 ​ 27,380 ​ 27,159 ​ 11,448 ​ 91,633 Interest expense ​ ​ (10,087) ​ ​ (10,378) ​ ​ (10,249) ​ ​ (11,947) ​ ​ (42,661) Deferred debt issuance costs ​ ​ (963) ​ ​ (971) ​ ​ (982) ​ (7,721) ​ (10,637) Net earnings ​ $ 14,596 ​ $ 16,031 ​ $ 15,928 ​ $ (8,220) ​ $ 38,335

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021	Nov. 17, 2021
Inventory	$ 6,645	$ 5,333
Refined products
Inventory	4,100	2,800
Renewable products
Inventory	2,500	2,500
Olympic Pipeline Company, LLC
Ownership interest (as a percent)			30%
SeaPort Financing, LLC
Ownership interest (as a percent)			100%
SeaPort Sound
Ownership interest (as a percent)			100%
SeaPort Midstream
Ownership interest (as a percent)			51%
Interest Rate Swap
Notional amount	$ 500,000	$ 0

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Accounting for operations (Details) bbl in Millions	12 Months Ended
	Dec. 31, 2022 bbl
Lucknow-Highspire Terminals, LLC
Related Party Transaction [Line Items]
Terminal storage capacity (in barrels)	9.9

SUMMARY OF SIGNIFICANT ACCOUN_5

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Property, Plant and Equipment, and Investments (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Property, plant and equipment
Long-lived assets impairment	$ 0	$ 0	$ 0
Equity investments impairment	$ 0	$ 0	$ 0
Terminals and pipelines | Minimum
Property, plant and equipment
Estimated useful lives	15 years
Terminals and pipelines | Maximum
Property, plant and equipment
Estimated useful lives	25 years
Furniture, fixtures and equipment | Minimum
Property, plant and equipment
Estimated useful lives	3 years
Furniture, fixtures and equipment | Maximum
Property, plant and equipment
Estimated useful lives	25 years

SUMMARY OF SIGNIFICANT ACCOUN_6

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Derivatives, Taxes and Earnings (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Accounting for derivative instruments
Unrealized gain	$ 15,951	$ 1,825	$ 426
Income taxes
Provision for U.S. federal income taxes	0	0	0
Interest Rate Swap
Accounting for derivative instruments
Derivative, Notional Amount	$ 500,000	0
Fixed interest rate (as a percent)	2.87%
Unrealized gain	$ 16,000	$ 1,800	$ 400

TRANSACTIONS WITH AFFILIATES -

TRANSACTIONS WITH AFFILIATES - Agreements (Details) $ in Millions	12 Months Ended
	Dec. 31, 2022 USD ($) item bbl	Dec. 31, 2021 USD ($) bbl	Dec. 31, 2020 USD ($) bbl
Frontera
Transactions with affiliates
Ownership interest in joint venture (as a percent)	50%	50%
SeaPort Midstream
Transactions with affiliates
Ownership interest in joint venture (as a percent)	51%	51%
TMC
Transactions with affiliates
Aggregate fees paid	$ 2.5	$ 3.2	$ 2.7
Operations and reimbursement agreement-Frontera | Frontera
Transactions with affiliates
Ownership interest in joint venture (as a percent)	50%
Operations and reimbursement agreement-Frontera | Frontera
Transactions with affiliates
Revenue recognized	$ 5.9	$ 5.3	$ 5.3
January and June 2023 terminaling services agreement-Brownsville LLC | Frontera | Brownsville terminals
Transactions with affiliates
Number of terminaling services agreements | item	3
Storage capacity agreed to be provided (in barrels) | bbl	301,000	412,000	412,000
Throughput revenue	$ 1.8	$ 3.5	$ 2.6
January and June 2023 terminaling services agreement-Brownsville LLC | Frontera | Brownsville terminals | Minimum
Transactions with affiliates
Notice period for termination of service agreement	90 days
January and June 2023 terminaling services agreement-Brownsville LLC | Frontera | Brownsville terminals | Maximum
Transactions with affiliates
Notice period for termination of service agreement	180 days
Terminaling services agreement- Gulf Coast Terminals | Associated Asphalt Marketing, LLC | Gulf Coast Terminals
Transactions with affiliates
Automatic renewal periods	5 years
Notice period for termination of service agreement	180 days
Storage capacity agreed to be provided (in barrels) | bbl	750,000
Throughput revenue	$ 10	9	8.6
Terminaling services agreement- Gulf Coast Terminals | Associated Asphalt Marketing, LLC | Gulf Coast Terminals | Automatic renewals following initial automatic renewal under the agreement
Transactions with affiliates
Automatic renewal periods	2 years
Notice period for termination of service agreement	180 days
Operating and administrative agreement SeaPort Midstream Partners, LLC | SeaPort Midstream | Central Services
Transactions with affiliates
Ownership interest in joint venture (as a percent)	51%
Operating and administrative agreement SeaPort Midstream Partners, LLC | SeaPort Midstream | Central Services
Transactions with affiliates
Revenue recognized	$ 3.9	3.8	3.3
Automatic renewal periods	2 years
Notice period for termination of service agreement	12 months
Terminaling services agreement- SeaPort Midstream Partners, LLC | SeaPort Midstream
Transactions with affiliates
Storage capacity agreed to be provided (in barrels) | bbl	14,000
Expense related to agreement	$ 0.4	0	0
Reimbursement agreement | ArcLight | Central Services
Transactions with affiliates
Revenue recognized	$ 3.4	$ 2.1	$ 1.3
Services Agreement | TMC
Transactions with affiliates
Administration fee (in Percentage)	1%

CONTRIBUTION OF TERMINAL ASSE_3

CONTRIBUTION OF TERMINAL ASSETS (Details) $ in Millions	Nov. 17, 2021 USD ($)
SeaPort Financing, LLC
Ownership interest (as a percent)	100%
SeaPort Sound
Ownership interest (as a percent)	100%
SeaPort Midstream
Ownership interest (as a percent)	51%
Olympic Pipeline Company, LLC
Ownership interest (as a percent)	30%
SeaPort Financing, LLC
Assets received in exchange for payments to lenders	$ 198.2
Net book value	84.7
Remaining consideration paid	181.8
ArcLight Energy Partners Fund VI, L.P.
Assets received in exchange for distribution	256.3
Short-term loan terminated	$ 10.2

CONTRIBUTION OF TERMINAL ASSE_4

CONTRIBUTION OF TERMINAL ASSETS - Schedule of assets and liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021	Oct. 31, 2021
Business Acquisition [Line Items]
Goodwill	$ 18,586	$ 18,586
Pacific Northwest Acquisition
Business Acquisition [Line Items]
Cash			$ 19,078
Trade accounts receivable			8,174
Inventory			3,145
Other current assets			671
Property, plant and equipment, net			120,215
Investment in unconsolidated affiliates			108,691
Goodwill			9,158
Other assets, net			14,689
Trade accounts payable			(6,062)
Senior secured term loan			(191,510)
Accrued and other liabilities			(1,552)
Equity			$ 84,697

CONCENTRATION OF CREDIT RISK _3

CONCENTRATION OF CREDIT RISK AND TRADE ACCOUNTS RECEIVABLE (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
CONCENTRATION OF CREDIT RISK AND TRADE ACCOUNTS RECEIVABLE
Trade accounts receivable	$ 46,060	$ 20,028

CONCENTRATION OF CREDIT RISK _4

CONCENTRATION OF CREDIT RISK AND TRADE ACCOUNTS RECEIVABLE - Customer (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Changes in allowance for credit losses
Balance at beginning of period			$ 127
Deductions			$ (127)
Customer A | Consolidated revenue | Customer concentration
Concentration of credit risk and trade accounts receivable
Percentage of total revenue generated by major customer	13%	7%	2%
Customer B | Consolidated revenue | Customer concentration
Concentration of credit risk and trade accounts receivable
Percentage of total revenue generated by major customer	8%	11%	7%
Customer C | Consolidated revenue | Customer concentration
Concentration of credit risk and trade accounts receivable
Percentage of total revenue generated by major customer	8%	10%	9%
Customer D | Consolidated revenue | Customer concentration
Concentration of credit risk and trade accounts receivable
Percentage of total revenue generated by major customer			10%

OTHER CURRENT ASSETS (Details)

OTHER CURRENT ASSETS (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
OTHER CURRENT ASSETS
Unrealized gain on interest rate swap agreements	$ 5,613
Prepaid insurance	1,198	$ 1,913
Additive detergent	1,666	1,055
Amounts due from insurance companies	2,340	414
Deposits and other assets	4,882	3,110
Other current assets	15,699	$ 6,492
Reimbursements from insurance companies	400
Increase in estimated insurance recovery	$ 2,300

PROPERTY, PLANT AND EQUIPMENT_3

PROPERTY, PLANT AND EQUIPMENT, NET (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Property, plant and equipment, net
Property, plant and equipment, gross	$ 1,473,030	$ 1,420,716
Less accumulated depreciation	(637,123)	(569,233)
Property, plant and equipment, net	835,907	851,483
Utilized by customers in operating lease arrangements
Property, plant and equipment, net
Property, plant and equipment, net	585,900	597,900
Land
Property, plant and equipment, net
Property, plant and equipment, gross	104,017	104,647
Terminals, pipelines and equipment
Property, plant and equipment, net
Property, plant and equipment, gross	1,333,771	1,266,086
Furniture, fixtures and equipment
Property, plant and equipment, net
Property, plant and equipment, gross	17,880	16,986
Construction in progress
Property, plant and equipment, net
Property, plant and equipment, gross	$ 17,362	$ 32,997

GOODWILL (Details)

GOODWILL (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Goodwill
Goodwill	$ 18,586	$ 18,586
Brownsville and West Coast terminals
Goodwill
Impairment charges	0	0	$ 0
Brownsville terminals
Goodwill
Goodwill	8,485	8,485
West Coast terminals
Goodwill
Goodwill	$ 10,101	$ 10,101

INVESTMENTS IN UNCONSOLIDATED_3

INVESTMENTS IN UNCONSOLIDATED AFFILIATES (Details) $ in Thousands, bbl in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2022 USD ($)	Sep. 30, 2022 USD ($)	Jun. 30, 2022 USD ($)	Mar. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Sep. 30, 2021 USD ($)	Jun. 30, 2021 USD ($)	Mar. 31, 2021 USD ($)	Dec. 31, 2022 USD ($) item bbl	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)
INVESTMENTS IN UNCONSOLIDATED AFFILIATES
Carrying value of investments in unconsolidated affiliates	$ 325,832				$ 332,692				$ 325,832	$ 332,692
Earnings from unconsolidated affiliates	1,351	$ 2,922	$ 3,629	$ 3,228	3,911	$ 3,791	$ 4,427	$ 3,617	11,130	15,746	$ 9,856
Additional capital investments in unconsolidated affiliates										4,051	7,257
Cash distributions received from unconsolidated affiliates									17,990	19,089	16,017
Balance sheets:
Current assets	85,270				52,523				85,270	52,523
Current liabilities	(82,369)				(65,984)				(82,369)	(65,984)
Statements of income:
Revenue	158,457	$ 178,673	$ 182,535	$ 146,730	135,758	$ 142,384	$ 139,992	$ 102,546	666,395	520,680	477,688
Net income									41,949	38,335	60,859
Unconsolidated Affiliates
Balance sheets:
Current assets	58,253				57,797				58,253	57,797
Long-term assets	770,715				760,169				770,715	760,169
Current liabilities	(41,711)				(38,701)				(41,711)	(38,701)
Long-term liabilities	(63,585)				(44,144)				(63,585)	(44,144)
Net assets	$ 723,672				$ 735,121				723,672	735,121
Statements of income:
Revenue									195,172	193,533	167,912
Expenses									(163,751)	(148,250)	(142,838)
Net income									$ 31,421	$ 45,283	25,074
BOSTCO
INVESTMENTS IN UNCONSOLIDATED AFFILIATES
Percentage of ownership	42.50%				42.50%				42.50%	42.50%
Storage capacity | bbl									7.1
Carrying value of investments in unconsolidated affiliates	$ 195,770				$ 200,301				$ 195,770	$ 200,301
Excess investment	$ 6,100				$ 6,200				6,100	6,200
Earnings from unconsolidated affiliates									5,442	5,248	3,933
Additional capital investments in unconsolidated affiliates										4,051	7,257
Cash distributions received from unconsolidated affiliates									$ 9,973	$ 10,910	11,021
Olympic Pipeline Company, LLC
INVESTMENTS IN UNCONSOLIDATED AFFILIATES
Percentage of ownership	30%				30%				30%	30%
Number of miles | item									400
Carrying value of investments in unconsolidated affiliates	$ 77,934				$ 80,941				$ 77,934	$ 80,941
Excess investment	$ 5,700				$ 6,000				5,700	6,000
Earnings from unconsolidated affiliates									3,096	8,055	1,766
Cash distributions received from unconsolidated affiliates									$ 6,103	$ 4,599	2,785
SeaPort Midstream
INVESTMENTS IN UNCONSOLIDATED AFFILIATES
Percentage of ownership	51%				51%				51%	51%
Storage capacity (in barrels) | bbl									1.3
Carrying value of investments in unconsolidated affiliates	$ 30,788				$ 29,136				$ 30,788	$ 29,136
Earnings from unconsolidated affiliates									$ 1,652	$ 585	1,592
Frontera
INVESTMENTS IN UNCONSOLIDATED AFFILIATES
Percentage of ownership	50%				50%				50%	50%
Storage capacity | bbl									1.7
Carrying value of investments in unconsolidated affiliates	$ 21,340				$ 22,314				$ 21,340	$ 22,314
Earnings from unconsolidated affiliates									940	1,858	2,565
Cash distributions received from unconsolidated affiliates									$ 1,914	$ 3,580	$ 2,211
Class A Members | BOSTCO
INVESTMENTS IN UNCONSOLIDATED AFFILIATES
Cash distributions, allocation percentage									96.50%
Class B units | BOSTCO
INVESTMENTS IN UNCONSOLIDATED AFFILIATES
Cash distributions, allocation percentage									3.50%

OTHER ASSETS, NET (Details)

OTHER ASSETS, NET (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Customer relationships, net of accumulated amortization of $18,108 and $14,913, respectively	$ 47,422	$ 50,617
Unrealized gain on interest rate swap agreements	10,338
SeaPort Midstream member loan	1,259	1,259
Long-term customer receivables	6	536
Deposits and other assets	685	734
Other assets, net	59,710	53,146
Accumulated amortization of customer relationships	18,108	14,913
Amortization expense for customer relationships
2023	3,195
2024	3,195
2025	3,195
2026	3,195
2027	3,195
Thereafter	31,447
Member revolving loan agreement SeaPort Midstream Partners, LLC | SeaPort Midstream
SeaPort Midstream member loan	1,300	1,300
Maximum borrowing capacity	$ 5,000
Proportionate share	51%
Outstanding borrowings	$ 2,500	$ 2,500
Minimum
Amortization period of customer relationships	10 years
Maximum
Amortization period of customer relationships	20 years

ACCRUED LIABILITIES (Details)

ACCRUED LIABILITIES (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
ACCRUED LIABILITIES
Accrued compensation expense	$ 13,384	$ 12,497
Customer advances and deposits	11,816	10,572
Interest payable	8,346	8,605
Accrued property taxes	4,349	2,346
Accrued environmental obligations	1,363	1,812
Accrued expenses and other	4,162	1,919
Accrued liabilities	43,420	37,751
Reimbursements from insurance companies	1,100
Increase (decrease) in remediation obligations due to change in estimate	700
Accrued environmental obligations
Balance at beginning of period	1,812	1,211	$ 1,841
Payments	(1,188)	(860)	(557)
Increase (decrease) in estimate	739	1,461	(73)
Balance at end of period	$ 1,363	$ 1,812	$ 1,211

LONG-TERM DEBT (Details)

LONG-TERM DEBT (Details) - USD ($) $ in Thousands		12 Months Ended
	Nov. 17, 2021	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Feb. 12, 2018
Long-term debt
Unamortized deferred debt issuance costs		$ (22,681)	$ (25,960)
Total debt		1,267,219	1,273,940
Current portion of senior secured term loan		(10,000)	(10,000)
Long-term debt		1,257,219	1,263,940
Amortization of deferred debt issuance costs		4,090	10,637	$ 3,694
Debt issuance costs		2,700	0
Issuance costs					$ 8,100
Repayment of outstanding balance			199,063	$ 8,577
Proceeds from issuance of term loan	$ 1,000,000	$ 1,000,000
TLP Finance Corp
Long-term debt
Ownership interest in subsidiary (as a percent)		100%
TransMontaigne Partners LLC
Long-term debt
Amount of independent assets		$ 0
Amount of independent operations		$ 0
TransMontaigne Operating Company L.P
Long-term debt
Ownership interest in subsidiary (as a percent)		100%
Senior secured term loan outstanding
Long-term debt
Debt		$ 990,000	1,000,000
6.125% senior notes due in 2026
Long-term debt
Debt		$ 299,900	$ 299,900
Interest (as a percent)	6.125%	6.125%			6.125%
Sale of senior notes					$ 300,000
Credit Facility
Long-term debt
Weighted average interest rate on borrowings (as a percent)		5.20%	4.60%	5.60%
Outstanding borrowings under letters of credit		$ 400	$ 1,700
Credit Facility | LIBOR
Long-term debt
Floor interest rate	0.50%
Margin interest above reference rate (as a percent)	3.50%
Credit Facility | Base Rate
Long-term debt
Interest (as a percent)	2.50%
Revolving credit facility outstanding
Long-term debt
Sale of senior notes	$ 150,000
Maximum borrowing capacity		$ 850,000
Commitment fee percentage	0.50%
Revolving credit facility outstanding | TLP Finance Corp
Long-term debt
Ownership interest in subsidiary (as a percent)		35%
Revolving credit facility outstanding | Minimum
Long-term debt
Leverage ratio		1
Revolving credit facility outstanding | Maximum
Long-term debt
Leverage ratio		1.1
Revolving credit facility outstanding | Senior secured term loan outstanding | Minimum
Long-term debt
Leverage ratio		1
Revolving credit facility outstanding | Senior secured term loan outstanding | Maximum
Long-term debt
Leverage ratio		6.75
Letter of Credit
Long-term debt
Sale of senior notes	$ 35,000
Percentage of letter of credit fee	3.50%
Percentage of fronting fee on letter of credit	0.125%

LONG-TERM DEBT - Senior secured

LONG-TERM DEBT - Senior secured term loan (Details) - USD ($) $ in Thousands		12 Months Ended
	Nov. 17, 2021	Dec. 31, 2022
LONG-TERM DEBT
Repayment of revolving credit facility		$ 351,700
Payment for Pacific Northwest Contribution		256,300
Repayment of SeaPort Financing term loan		198,200
Distribution to TLP Finance Holdings, LLC for debt service		174,200
Deferred debt issuance costs		19,600
Proceeds from senior secured term loan	$ 1,000,000	$ 1,000,000

DEFERRED COMPENSATION EXPENSE (

DEFERRED COMPENSATION EXPENSE (Details) - USD ($) $ in Thousands			12 Months Ended
	Dec. 31, 2021	Dec. 30, 2021	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Additional disclosures
Deferred compensation expense			$ 3,778	$ 15,763	$ 2,173
Pike West Coast | Class B units
Additional disclosures
Deferred compensation expense		$ 12,500
Cumulative expense		0
Issuance grant-date fair value of units		$ 0
TMC
Additional disclosures
Deferred compensation expense			$ 2,100	$ 2,400	$ 2,200
TMC | Restricted phantom units
Additional disclosures
Vesting (as a percent)			50%
TMC | Restricted phantom units | Tranche One
Additional disclosures
Earlier vesting, age threshold (in years)			60 years
TMC | Restricted phantom units | Tranche Two
Additional disclosures
Earlier vesting, age threshold (in years)			55 years
Earlier vesting, length of service threshold (in years)			10 years
TMC | Restricted phantom units | Tranche Three
Additional disclosures
Earlier vesting, age threshold (in years)			50 years
Earlier vesting, length of service threshold (in years)			20 years
TMC | Class B units
Additional disclosures
Deferred compensation expense	$ 900		$ 1,700

COMMITMENTS AND CONTINGENCIES -

COMMITMENTS AND CONTINGENCIES - Leases (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Lessee, Lease, Description [Line Items]
Lessee, Operating Lease, Existence of Option to Extend	true
Lessee, Operating Lease, Existence of Option to Terminate	true
Additions to right-of-use assets	$ 5.4	$ 17.9
Minimum
Lessee, Lease, Description [Line Items]
Operating lease term	1 year
Maximum
Lessee, Lease, Description [Line Items]
Operating lease term	49 years

COMMITMENTS AND CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES - Lease cost (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
COMMITMENTS AND CONTINGENCIES
Operating leases	$ 5,573	$ 5,300	$ 4,723
Variable lease costs (including insignificant short-term leases)	1,627	1,150	849
Sublease income as primary obligor	(1,080)	(999)	(1,000)
Total lease costs	$ 6,120	$ 5,451	$ 4,572

COMMITMENTS AND CONTINGENCIES_3

COMMITMENTS AND CONTINGENCIES - Other Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
COMMITMENTS AND CONTINGENCIES
Cash outflows for operating leases	$ 5,400	$ 5,334	$ 4,742
Weighted average remaining lease term (years)	27 years 11 months 12 days	29 years 3 months 3 days	18 years 4 months 6 days
Weighted average discount rate	4.50%	4.70%	5.20%

COMMITMENTS AND CONTINGENCIES_4

COMMITMENTS AND CONTINGENCIES - Undiscounted Cash Flows Owed (Details) $ in Thousands	Dec. 31, 2022 USD ($)
COMMITMENTS AND CONTINGENCIES
2023	$ 5,525
2024	5,321
2025	4,883
2026	3,568
2027	3,437
Thereafter	69,703
Total lease payments	92,437
Less imputed interest	(39,760)
Present value of operating lease liabilities	52,677
Contractual commitments for supply of services, labor and materials	$ 21,300

DISCLOSURES ABOUT FAIR VALUE (D

DISCLOSURES ABOUT FAIR VALUE (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Transfers between the three levels of the fair value hierarchy	$ 0	$ 0
6.125% senior notes due in 2026
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt	299,900	299,900
Senior secured term loan outstanding
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt	990,000	$ 1,000,000
Senior secured term loan outstanding | Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt	969,000
6.125% senior notes due in 2026 | Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt	$ 257,900

REVENUE FROM CONTRACTS WITH C_3

REVENUE FROM CONTRACTS WITH CUSTOMERS - Disaggregated (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Disaggregation of Revenue [Line Items]
Total revenue	$ 158,457	$ 178,673	$ 182,535	$ 146,730	$ 135,758	$ 142,384	$ 139,992	$ 102,546	$ 666,395	$ 520,680	$ 477,688
Firm commitments revenue
Disaggregation of Revenue [Line Items]
ASC 842 revenue									183,595	184,082	198,165
ASC 606 revenue									39,040	38,678	31,197
Total revenue									222,635	222,760	229,362
Ancillary revenue
Disaggregation of Revenue [Line Items]
ASC 842 revenue									2,030	1,934	4,003
ASC 606 revenue									66,285	51,787	46,307
Total revenue									68,315	53,721	50,310
Terminaling services fees
Disaggregation of Revenue [Line Items]
Total revenue									290,950	276,481	279,672
Product sales
Disaggregation of Revenue [Line Items]
Total revenue	$ 80,311	$ 100,840	$ 108,195	$ 71,679	$ 63,067	$ 70,083	$ 68,651	$ 29,438	361,025	231,239	183,555
Pipeline transportation fees
Disaggregation of Revenue [Line Items]
ASC 842 revenue										638	3,519
Management fees
Disaggregation of Revenue [Line Items]
ASC 842 revenue									1,488	1,452	1,211
ASC 606 revenue									12,932	10,870	9,731
Total revenue									$ 14,420	$ 12,322	$ 10,942

REVENUE FROM CONTRACTS WITH C_4

REVENUE FROM CONTRACTS WITH CUSTOMERS - Contract Revenue (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Total estimated future ASC 606 revenue	$ 56,675
2023	168,090
2024	118,503
2025	86,617
2026	60,517
2027	44,821
Thereafter	436,250
Total estimated future ASC 842 revenue	914,798
Gulf Coast Terminals
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Total estimated future ASC 606 revenue	2,058
Midwest Terminals and Pipeline System
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Total estimated future ASC 606 revenue	546
Brownsville terminals
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Total estimated future ASC 606 revenue	7,953
River terminals
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Total estimated future ASC 606 revenue	547
Southeast Terminals
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Total estimated future ASC 606 revenue	31,077
West Coast terminals
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Total estimated future ASC 606 revenue	14,494
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Total estimated future ASC 606 revenue	$ 28,223
Remaining Performance Obligation, Expected Timing of Satisfaction, Period	12 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-01-01 | Gulf Coast Terminals
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Total estimated future ASC 606 revenue	$ 1,808
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-01-01 | Midwest Terminals and Pipeline System
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Total estimated future ASC 606 revenue	514
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-01-01 | Brownsville terminals
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Total estimated future ASC 606 revenue	2,913
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-01-01 | River terminals
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Total estimated future ASC 606 revenue	547
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-01-01 | Southeast Terminals
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Total estimated future ASC 606 revenue	9,492
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-01-01 | West Coast terminals
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Total estimated future ASC 606 revenue	12,949
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Total estimated future ASC 606 revenue	$ 10,516
Remaining Performance Obligation, Expected Timing of Satisfaction, Period	12 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-01-01 | Gulf Coast Terminals
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Total estimated future ASC 606 revenue	$ 250
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-01-01 | Midwest Terminals and Pipeline System
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Total estimated future ASC 606 revenue	32
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-01-01 | Brownsville terminals
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Total estimated future ASC 606 revenue	2,254
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-01-01 | Southeast Terminals
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Total estimated future ASC 606 revenue	6,965
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-01-01 | West Coast terminals
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Total estimated future ASC 606 revenue	1,015
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Total estimated future ASC 606 revenue	$ 7,929
Remaining Performance Obligation, Expected Timing of Satisfaction, Period	12 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-01-01 | Brownsville terminals
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Total estimated future ASC 606 revenue	$ 2,239
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-01-01 | Southeast Terminals
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Total estimated future ASC 606 revenue	5,160
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-01-01 | West Coast terminals
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Total estimated future ASC 606 revenue	530
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Total estimated future ASC 606 revenue	$ 5,707
Remaining Performance Obligation, Expected Timing of Satisfaction, Period	12 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-01-01 | Brownsville terminals
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Total estimated future ASC 606 revenue	$ 547
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-01-01 | Southeast Terminals
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Total estimated future ASC 606 revenue	5,160
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2027-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Total estimated future ASC 606 revenue	$ 4,300
Remaining Performance Obligation, Expected Timing of Satisfaction, Period	12 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2027-01-01 | Southeast Terminals
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Total estimated future ASC 606 revenue	$ 4,300
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2028-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining Performance Obligation, Expected Timing of Satisfaction, Period	12 months

REVENUE FROM CONTRACTS WITH C_5

REVENUE FROM CONTRACTS WITH CUSTOMERS - Balance Sheet Disclosures (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
REVENUE FROM CONTRACTS WITH CUSTOMERS
Trade accounts receivable, Contracts under ASC 606	$ 33,127	$ 12,792
Trade accounts receivable, Contracts under ASC 842	12,933	7,236
Trade accounts receivable, total	46,060	20,028
Long-term customer receivables
Long-term customer receivables, ASC 842	6	536
Long-term customer receivables, Total	6	536
Amounts recognized as revenue, Contracts under ASC 606	0
Amounts recognized as revenue, Contracts under ASC 842	500
Customer Advances and Deposits
Contract liabilities, ASC 606	1,574	1,301
Contract liabilities, ASC 842	11,462	12,605
Contract liabilities, Total	13,036	$ 13,906
Revenue recognized from beginning of period, ASC 606	1,200
Revenue recognized from beginning of period, ASC 842	$ 12,200

BUSINESS SEGMENTS (Details)

BUSINESS SEGMENTS (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Segments of business
Revenue	$ 158,457	$ 178,673	$ 182,535	$ 146,730	$ 135,758	$ 142,384	$ 139,992	$ 102,546	$ 666,395	$ 520,680	$ 477,688
Operating costs and expenses	(29,935)	(29,705)	(28,194)	(30,802)	(28,346)	(26,738)	(26,982)	(29,035)	(118,636)	(111,101)	(108,017)
Net margins									200,457	191,184	197,944
Cost of product sales	77,967	96,173	103,709	69,453	60,630	65,769	65,380	26,616	347,302	218,395	171,727
Costs and expenses									576,573	444,793	376,935
General and administrative	(7,032)	(6,967)	(7,708)	(7,755)	(6,215)	(7,425)	(5,609)	(5,541)	(29,462)	(24,790)	(23,147)
Insurance	(1,509)	(1,525)	(1,703)	(1,552)	(1,587)	(1,580)	(1,574)	(1,519)	(6,289)	(6,260)	(5,837)
Deferred compensation									(3,778)	(15,763)	(2,173)
Depreciation and amortization	(18,091)	(17,886)	(17,629)	(17,500)	(17,252)	(17,149)	(17,138)	(16,945)	(71,106)	(68,484)	(66,034)
Earnings from unconsolidated affiliates	1,351	2,922	3,629	3,228	3,911	3,791	4,427	3,617	11,130	15,746	9,856
Gain from insurance proceeds									488
Operating income	24,502	28,553	26,445	21,452	11,448	27,159	27,380	25,646	100,952	91,633	110,609
Other expenses (interest and deferred debt issuance costs)									(59,003)	(53,298)	(49,750)
Net earnings	2,777	22,242	11,059	5,871	(8,220)	15,928	16,031	14,596	41,949	38,335	60,859
Capital expenditures									54,492	64,414	75,940
Identifiable assets	1,015,526				1,001,519				1,015,526	1,001,519
Cash and cash equivalents	13,016				18,273				13,016	18,273
Investments in unconsolidated affiliates	325,832				332,692				325,832	332,692
Other	21,649				4,468				21,649	4,468
TOTAL ASSETS	1,376,023				1,356,952				1,376,023	1,356,952
Gulf Coast Terminals
Segments of business
Revenue									86,612	77,115	76,907
Operating costs and expenses									(23,550)	(22,541)	(20,946)
Net margins									63,062	54,574	55,961
Capital expenditures									11,484	9,045	9,491
Identifiable assets	138,636				137,204				138,636	137,204
Midwest Terminals
Segments of business
Revenue									10,269	10,504	10,267
Operating costs and expenses									(1,856)	(2,222)	(2,942)
Net margins									8,413	8,282	7,325
Capital expenditures									816	360	933
Identifiable assets	16,102				16,825				16,102	16,825
Brownsville terminals
Segments of business
Revenue									25,634	23,490	21,969
Operating costs and expenses									(10,240)	(9,310)	(9,749)
Net margins									15,394	14,180	12,220
Capital expenditures									5,114	10,748	22,116
Identifiable assets	115,543				111,714				115,543	111,714
River terminals
Segments of business
Revenue									14,466	13,998	11,700
Operating costs and expenses									(6,681)	(6,328)	(5,777)
Net margins									7,785	7,670	5,923
Capital expenditures									1,963	4,915	9,314
Identifiable assets	46,610				49,060				46,610	49,060
Southeast Terminals
Segments of business
Revenue									69,849	78,123	89,520
Operating costs and expenses									(25,754)	(24,319)	(23,498)
Net margins									44,095	53,804	66,022
Capital expenditures									10,310	10,720	22,091
Identifiable assets	241,668				243,684				241,668	243,684
West Coast terminals
Segments of business
Revenue									452,311	311,571	262,688
Operating costs and expenses									(34,794)	(31,732)	(31,281)
Net margins									70,215	61,444	59,680
Cost of product sales									(347,302)	(218,395)	(171,727)
Costs and expenses									(382,096)	(250,127)	(203,008)
Capital expenditures									24,017	28,471	10,841
Identifiable assets	446,088				433,867				446,088	433,867
Central Services
Segments of business
Revenue									7,254	5,879	4,637
Operating costs and expenses									(15,761)	(14,649)	(13,824)
Net margins									(8,507)	(8,770)	(9,187)
Capital expenditures									788	155	1,154
Identifiable assets	10,879				9,165				10,879	9,165
Terminal revenue
Segments of business
Revenue									305,370	289,441	294,133
Terminal revenue | Gulf Coast Terminals
Segments of business
Revenue									86,612	77,115	76,907
Terminal revenue | Midwest Terminals
Segments of business
Revenue									10,269	10,504	10,267
Terminal revenue | Brownsville terminals
Segments of business
Revenue									25,634	23,490	21,969
Terminal revenue | River terminals
Segments of business
Revenue									14,466	13,998	11,700
Terminal revenue | Southeast Terminals
Segments of business
Revenue									69,849	78,123	89,520
Terminal revenue | West Coast terminals
Segments of business
Revenue									91,286	80,332	79,133
Terminal revenue | Central Services
Segments of business
Revenue									7,254	5,879	4,637
Product sales
Segments of business
Revenue	$ 80,311	$ 100,840	$ 108,195	$ 71,679	$ 63,067	$ 70,083	$ 68,651	$ 29,438	361,025	231,239	183,555
Product sales | West Coast terminals
Segments of business
Revenue									361,025	231,239	183,555
Terminaling services fees
Segments of business
Revenue									290,950	276,481	279,672
Terminaling services fees | Gulf Coast Terminals
Segments of business
Revenue									86,549	77,061	76,875
Terminaling services fees | Midwest Terminals
Segments of business
Revenue									10,269	10,504	8,358
Terminaling services fees | Brownsville terminals
Segments of business
Revenue									19,723	17,595	15,071
Terminaling services fees | River terminals
Segments of business
Revenue									14,466	13,998	11,700
Terminaling services fees | Southeast Terminals
Segments of business
Revenue									68,699	77,031	88,573
Terminaling services fees | West Coast terminals
Segments of business
Revenue									91,244	80,292	79,095
Pipeline transportation fees | Midwest Terminals
Segments of business
Revenue											1,909
Pipeline transportation fees | Brownsville terminals
Segments of business
Revenue										638	1,610
Management fees
Segments of business
Revenue									14,420	12,322	10,942
Management fees | Gulf Coast Terminals
Segments of business
Revenue									63	54	32
Management fees | Brownsville terminals
Segments of business
Revenue									5,911	5,257	5,288
Management fees | Southeast Terminals
Segments of business
Revenue									1,150	1,092	947
Management fees | West Coast terminals
Segments of business
Revenue									42	40	38
Management fees | Central Services
Segments of business
Revenue									$ 7,254	$ 5,879	$ 4,637

FINANCIAL RESULTS BY QUARTER _3

FINANCIAL RESULTS BY QUARTER (UNAUDITED) (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Financial Results by Quarter
Total revenue	$ 158,457	$ 178,673	$ 182,535	$ 146,730	$ 135,758	$ 142,384	$ 139,992	$ 102,546	$ 666,395	$ 520,680	$ 477,688
Cost of product sales	(77,967)	(96,173)	(103,709)	(69,453)	(60,630)	(65,769)	(65,380)	(26,616)	(347,302)	(218,395)	(171,727)
Operating	(29,935)	(29,705)	(28,194)	(30,802)	(28,346)	(26,738)	(26,982)	(29,035)	(118,636)	(111,101)	(108,017)
General and administrative	(7,032)	(6,967)	(7,708)	(7,755)	(6,215)	(7,425)	(5,609)	(5,541)	(29,462)	(24,790)	(23,147)
Insurance	(1,509)	(1,525)	(1,703)	(1,552)	(1,587)	(1,580)	(1,574)	(1,519)	(6,289)	(6,260)	(5,837)
Deferred compensation	(772)	(786)	(776)	(1,444)	(14,191)	(355)	(356)	(861)	(3,778)	(15,763)
Depreciation and amortization	(18,091)	(17,886)	(17,629)	(17,500)	(17,252)	(17,149)	(17,138)	(16,945)	(71,106)	(68,484)	(66,034)
Earnings from unconsolidated affiliates	1,351	2,922	3,629	3,228	3,911	3,791	4,427	3,617	11,130	15,746	9,856
Operating income	24,502	28,553	26,445	21,452	11,448	27,159	27,380	25,646	100,952	91,633	110,609
Interest expense	(20,731)	(2,599)	(14,347)	(14,573)	(11,947)	(10,249)	(10,378)	(10,087)	(52,250)	(42,661)	(46,056)
Deferred debt issuance costs	(994)	(3,712)	(1,039)	(1,008)	(7,721)	(982)	(971)	(963)	(6,753)	(10,637)	(3,694)
Net earnings	2,777	22,242	11,059	5,871	(8,220)	15,928	16,031	14,596	41,949	38,335	60,859
Terminal revenue
Financial Results by Quarter
Total revenue	78,146	77,833	74,340	75,051	72,691	72,301	71,341	73,108	305,370	289,441	294,133
Product sales
Financial Results by Quarter
Total revenue	$ 80,311	$ 100,840	$ 108,195	$ 71,679	$ 63,067	$ 70,083	$ 68,651	$ 29,438	$ 361,025	$ 231,239	$ 183,555

SUBSEQUENT EVENTS (Details)

SUBSEQUENT EVENTS (Details) - USD ($) $ in Thousands	1 Months Ended	12 Months Ended
	Feb. 28, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Subsequent Event [Line Items]
Distributions to TLP Finance Holdings, LLC for debt services		$ 34,797	$ 218,491	$ 50,455
Subsequent Event
Subsequent Event [Line Items]
Revolving credit facility borrowings	$ 75,000
Distributions to TLP Finance Holdings, LLC for debt services	$ 75,000