PBF Logistics (PBFX) 8-K 2 Sep 15 2015 Q1 Other Events Financial data

DOCUMENT AND ENTITY INFORMATION

DOCUMENT AND ENTITY INFORMATION Document - shares	3 Months Ended
	Mar. 31, 2015	Aug. 28, 2015
Document Information [Line Items]
Entity Registrant Name	PBF LOGISTICS LP
Entity Central Index Key	1,582,568
Document Type	8-K
Amendment Flag	false
Document Period End Date	Mar. 31, 2015
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2,015
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Current Reporting Status	Yes
Common Units [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		18,462,332
Subordinated Units [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		15,886,553

CONDENSED CONSOLIDTED BALANCE S

CONDENSED CONSOLIDTED BALANCE SHEETS STATEMENT - Scenario, Unspecified [Domain] - USD ($) $ in Thousands	Mar. 31, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 20,179	$ 14,165
Due from Affiliates	13,950	11,630
Prepaid expenses and other current assets	303	397
Total current assets	34,432	26,192
Property, plant and equipment, net	146,900	146,867
Marketable securities	234,939	234,930
Other assets, net	1,991	2,152
Total assets	418,262	410,141
Due to Affiliate	2,922	3,223
Current liabilities:
Accounts payable and accrued liabilities	1,504	1,498
Total current liabilities	4,426	4,721
Long-term debt	510,000	510,000
Other long-term liabilities	0	0
Total liabilities	$ 514,426	$ 514,721
Commitments and contingencies (Note 8)
Equity [Abstract]
Net investment - Predecessor	$ 15,838	$ 15,713
Partners' Capital	(96,164)	(104,580)
Total liabilities and equity	418,262	410,141
Subordinated Units [Member]
Equity [Abstract]
Partners' Capital	(286,070)	(288,875)
Limited Partner, Public [Member] | Common Units [Member]
Equity [Abstract]
Partners' Capital	340,000	336,369
Limited Partner, Affiliate [Member] | Common Units [Member]
Equity [Abstract]
Partners' Capital	(165,932)	(167,787)
PBF LLC [Member] | Subordinated Units [Member]
Equity [Abstract]
Partners' Capital	(286,070)	(288,875)
PBF LLC [Member] | Limited Partner, Public [Member] | Common Units [Member]
Equity [Abstract]
Partners' Capital	340,000	336,369
PBF LLC [Member] | Limited Partner, Affiliate [Member] | Common Units [Member]
Equity [Abstract]
Partners' Capital	(165,932)	(167,787)
PBF LLC [Member] | Limited Partner, Affiliate [Member] | Subordinated Units [Member]
Equity [Abstract]
Partners' Capital	$ (286,070)	$ (288,875)

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Revenues [Abstract]
Revenue from affiliates	$ 32,846	$ 2,182
Costs and Expenses [Abstract]
Operating and maintenance expenses	8,434	4,848
General and administrative expenses	3,062	797
Depreciation and amortization	1,633	861
Total costs and expenses	13,129	6,506
Income (loss) from operations	19,717	(4,324)
Other Income and Expenses [Abstract]
Interest expense, net and other financing costs	(1,793)	2
Amortization of loan fees	(162)	0
Less: Net loss attributable to Predecessor	17,762	(4,322)
Less: Net loss attributable to Predecessor	1,053	(4,322)
Limited partners' interest in net income attributable to the Partnership	$ 16,709	0
Weighted average limited partner units outstanding:
Cash Distribution Per Unit	$ 0.33
Predecessor [Member]
Revenues [Abstract]
Revenue from affiliates		2,182
Costs and Expenses [Abstract]
Operating and maintenance expenses		4,848
General and administrative expenses		797
Depreciation and amortization		861
Total costs and expenses		6,506
Income (loss) from operations		(4,324)
Other Income and Expenses [Abstract]
Interest expense, net and other financing costs		2
Amortization of loan fees		0
Less: Net loss attributable to Predecessor		$ (4,322)
Common Units [Member]
Net income per limited partner unit:
Common units - basic	0.51
Common units - diluted	$ 0.51
Weighted average limited partner units outstanding:
Common units - basic	17,097,024
Common units - diluted	17,117,261
Subordinated Units [Member]
Net income per limited partner unit:
Subordinated units- basic and diluted	$ 0.51
Weighted average limited partner units outstanding:
Subordinated units- basic and diluted	15,886,553

CONDENSED CONSOLIDATED STATEME4

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Parent Distribution	$ (928)	$ 0
Cash flows from operating activities:
Net income (loss)	17,762
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation and amortization	1,633	861
Amortization of deferred financing fees	162	0
Unit-based compensation expense	930
Changes in operating assets and liabilities:
Accounts receivable - affiliates	(2,320)
Prepaid expenses and other current assets	94
Accounts payable - affiliates	(301)
Accounts payable and accrued liabilities	(46)
Other assets and liabilities	(15)
Net cash provided by (used in) operations	17,899
Cash flows from investing activities:
Expenditures for property, plant and equipment	(76)	(9,446)
Purchase of marketable securities	(689,693)
Maturities of marketable securities	689,697
Net cash (used in) provided by investing activities	(72)
Cash flows from financing activities:
Parent contributions	0
Distributions to unitholders	(10,885)
Net cash (used in) provided by financing activities	(11,813)
Net change in cash and cash equivalents	6,014
Cash and cash equivalents, beginning of period	14,165
Cash and cash equivalents, end of period	20,179
Supplemental Cash Flow Information [Abstract]
Contribution of Property	1,628
Capital Expenditures Incurred but Not yet Paid	$ 0
Predecessor [Member]
Cash flows from operating activities:
Net income (loss)		(4,322)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation and amortization		861
Amortization of deferred financing fees		0
Unit-based compensation expense		0
Changes in operating assets and liabilities:
Accounts receivable - affiliates		0
Prepaid expenses and other current assets		40
Accounts payable - affiliates		0
Accounts payable and accrued liabilities		(257)
Other assets and liabilities		0
Net cash provided by (used in) operations		(3,678)
Cash flows from investing activities:
Expenditures for property, plant and equipment		(9,446)
Purchase of marketable securities		0
Maturities of marketable securities		0
Net cash (used in) provided by investing activities		(9,446)
Cash flows from financing activities:
Parent contributions		13,059
Distributions to unitholders		0
Net cash (used in) provided by financing activities		13,059
Net change in cash and cash equivalents		(65)
Cash and cash equivalents, beginning of period		75
Cash and cash equivalents, end of period		10
Supplemental Cash Flow Information [Abstract]
Contribution of Property		0
Capital Expenditures Incurred but Not yet Paid		$ 188

DESCRIPTION OF BUSINESS AND BAS

DESCRIPTION OF BUSINESS AND BASIS OF PRESENTATION	3 Months Ended
	Mar. 31, 2015
Organization and Basis of Presentation [Abstract]
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	1. DESCRIPTION OF THE BUSINESS AND BASIS OF PRESENTATION PBF Logistics LP (“PBFX” or the “Partnership”) is a Delaware limited partnership formed in February 2013. PBF Logistics GP LLC (“PBF GP”) serves as the general partner of PBFX. PBF GP is wholly-owned by PBF Energy Company LLC (“PBF LLC”). PBF Energy Inc. (“PBF Energy”) is the sole managing member of PBF LLC and as of March 31, 2015 owned 94.3% of the total economic interest in PBF LLC. In addition, PBF LLC is the sole managing member of PBF Holding Company LLC (“PBF Holding”), a Delaware limited liability company and affiliate of PBFX. On May 14, 2014, PBFX completed its initial public offering (the “Offering”) of 15,812,500 common units (including 2,062,500 common units issued pursuant to the exercise of the underwriters' over-allotment option). PBF LLC holds a 52.1% limited partner interest in PBFX and owns all of PBFX’s incentive distribution rights, with the remaining 47.9% limited partner interest owned by public unit holders as of March 31, 2015 . PBFX engages in the receiving and handling, processing, transferring and storing of crude oil and refined products. The Partnership does not take ownership of or receive any payments based on the value of the crude oil or products that it handles and does not engage in the trading of any commodities. PBFX's assets are integral to the operations of PBF Energy's refineries located in Toledo, Ohio, Delaware City, Delaware and Paulsboro, New Jersey. Subsequent to the Offering and the Acquisitions from PBF, PBFX generates all of its revenues from transactions with PBF Holding. In connection with the Offering, PBF LLC contributed the assets, liabilities and results of operations of certain crude oil terminaling assets to the Partnership. The assets were owned and operated by PBF Holding’s subsidiaries, Delaware City Refining Company LLC (“DCR”) and Toledo Refining Company LLC (“TRC”), and were contributed to the Partnership in connection with the Offering. PBF Holding, together with its subsidiaries, owns and operates three oil refineries and related facilities in North America. PBF Energy, through its ownership in PBF LLC, controls all of the business affairs of PBFX and PBF Holding. PBFX's initial assets consisted of the Delaware City Rail Unloading Terminal (“DCR Rail Terminal”), which was part of PBF Holding’s Delaware City, Delaware refinery ("DCR"), and the Toledo Truck Unloading Terminal (“Toledo Truck Terminal”), which was part of PBF Holding’s Toledo, Ohio refinery, which together with the DCR Rail Terminal, we refer to as the IPO Assets. In connection with the Offering, the IPO Assets were distributed from PBF Holding to PBF LLC. The DCR Rail Terminal consists of a double loop track and ancillary pumping and unloading equipment. Construction of the DCR Rail Terminal began in July 2012 and it commenced operations in February 2013. The Toledo Truck Terminal commenced operations in December 2012 with one lease automatic custody transfer (“LACT”) unit. Two additional LACT units were made operational in May 2013. In July 2013, a fourth LACT unit was purchased that had previously been owned and operated at the Toledo Truck Terminal by a vendor in connection with a crude oil supply agreement. The IPO Assets, along with the LACT units placed into service in June 2014, operate within the totality of the Toledo refinery and adjacent to the Delaware City refinery. The IPO Assets did not generate third party or affiliate revenue prior to the Offering. However, subsequent to the Offering, both of the IPO Assets have generated affiliate revenue. On September 30, 2014, the Partnership acquired from PBF LLC the Delaware City West Heavy Unloading Rack (the “DCR West Rack”), a heavy crude oil rail unloading facility at the Delaware City refinery with total throughput capacity of at least 40,000 barrels per day ("bpd"). In addition, on December 11, 2014, the Partnership acquired from PBF LLC a tank farm and related facilities located at PBF Energy's Toledo refinery, including a propane storage and loading facility (the “Toledo Storage Facility”). On May 15, 2015 the Partnership entered into a transaction (the "Delaware City Products Pipeline and Truck Rack Acquisition") with PBF LLC pursuant to which PBFX acquired from PBF LLC all of the issued and outstanding limited liability company interests of Delaware Pipeline Company LLC (“DPC”), whose asset consists of, a 23.4 mile, 16 -inch interstate petroleum products pipeline with capacity in excess of 125,000 bpd (the "Delaware City Products Pipeline"), and Delaware City Logistics Company LLC (“DCLC”), whose assets consist of a 15 -lane, 76,000 bpd capacity truck loading rack utilized to distribute gasoline and distillates. Delaware City Products Pipeline and Delaware City Truck Rack are collectively referred to as the "Delaware City Products Pipeline and Truck Rack." The transactions entered into after the Offering are collectively referred to as “Acquisitions from PBF.” Subsequent to the Acquisitions from PBF, the DCR Rail Terminal, Toledo Truck Terminal, DCR West Rack, Toledo Storage Facility and the Delaware Products Pipeline and Truck Rack are collectively referred to as the “Contributed Assets.” The Acquisitions from PBF were a transfer of assets between entities under common control. Accordingly, the accompanying financial statements and related notes of the PBF MLP Predecessor (the "Predecessor"), our predecessor for accounting purposes, and the Partnership have been retrospectively adjusted to include the historical results of the DCR West Rack, Toledo Storage Facility, Delaware Products Pipeline and Truck Rack for all periods presented prior to the effective date of each transaction. The financial statements of our Predecessor, the DCR West Rack, Toledo Storage Facility, and Delaware Products Pipeline and Truck Rack have been prepared from the separate records maintained by subsidiaries of PBF Energy and may not necessarily be indicative of the conditions that would have existed or the results of operations if they were operated as an unaffiliated company. Portions of certain expenses represent allocations made from corporate expenses applicable to PBF Energy as a whole. See Note 2 of the Notes to Condensed Consolidated Financial Statements in this Form 10-Q for further discussion. The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) for interim financial information. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. In the opinion of management, PBFX has included all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation of the financial position and the results of operations and cash flows of PBFX and the Predecessor, as applicable, for the periods presented. The results of operations for the three months ended March 31, 2015 and 2014 are not necessarily indicative of the results that may be expected for the full year. The financial statements presented in this Form 8-K include the condensed consolidated financial results of the Predecessor for the period presented prior to May 13, 2014, and the condensed consolidated financial results of PBFX for the period beginning after May 14, 2014, the completion date of the Offering. Prior to the Offering and effective date of the Acquisitions from PBF, PBFX's assets were a part of the integrated operations of PBF Energy. With the exception of the Delaware City Products Pipeline, the operation of our assets did not generate third-party or inter-entity revenue. Prior to August 2013, DPC had a contract with Morgan Stanley Capital Group ("MSCG") which generated revenue by charging fees for transporting refined products. On completion of this contract, inter-entity revenue generated from DCR was recognized. The Predecessor, with the exception of the revenue generated by the Delaware Products Pipeline, did not historically operate its respective assets for the purpose of generating revenues independent of other PBF Energy businesses prior to the Offering or for assets acquired in the Acquisitions from PBF prior to their effective dates. All intercompany accounts and transactions have been eliminated.

ACQUISITIONS

ACQUISITIONS	3 Months Ended
	Mar. 31, 2015
Business Combinations [Abstract]
Business Combination Disclosure [Text Block]	2. ACQUISITIONS 2014 Acquisitions In 2014, following the Offering, PBFX completed the Acquisitions from PBF, pursuant to which PBFX acquired from PBF LLC the following assets: • the DCR West Rack, which consists of a heavy crude oil rail unloading facility at the Delaware City refinery with total throughput capacity of at least 40,000 bpd; and • the Toledo Storage Facility, which consists of a tank farm and related facilities, including a propane storage and loading facility, located at PBF Energy's Toledo refinery. See the annual Financial Statements for the year ended December 31, 2014 of PBF Logistics LP for additional information regarding the 2014 acquisitions from PBF LLC and the commercial agreements executed in connection with these acquisitions. Delaware City Products Pipeline and Truck Rack Acquisition On May 5, 2015, the Partnership entered into a contribution agreement between the Partnership and PBF LLC (the "Contribution Agreement IV"). Pursuant to the terms of the Contribution Agreement IV, PBF LLC contributed to the Partnership all of the issued and outstanding limited liability company interests of Delaware Pipeline Company LLC (“DPC”) and Delaware City Logistics Company LLC (“DCLC”), whose assets consist of a products pipeline, truck rack and related facilities located at PBF Energy’s Delaware City refinery for total consideration payable to PBF LLC of $143,000 , consisting of $112,500 of cash and $30,500 of Partnership common units, or 1,288,420 common units. The cash consideration was funded by the Partnership with $88,000 in proceeds from the Partnership’s 6.875% Senior Notes due 2023, sale of approximately $700 in marketable securities and $23,800 in borrowings under the Partnership’s Revolving Credit Facility. The Delaware City Products Pipeline and Truck Rack acquisition closed on May 14, 2015. The Partnership borrowed an additional $700 under its Revolving Credit Facility to repay $700 of its outstanding term loan in order to release the $700 in marketable securities that had collateralized the Partnership’s term loan. The Delaware City Products Pipeline consists of a 23.4 mile, 16 -inch interstate petroleum products pipeline with 125,000 bpd of capacity located at PBF Holding's Delaware City, Delaware refinery. The pipeline transports refined petroleum products from the Delaware City refinery to Sunoco Logistics Partners, L.P.’s ("Sunoco Logistics") Twin Oaks pump station at Delaware County, PA, with connections to Buckeye Partners, L.P.’s Laurel pipeline and Sunoco Logistics’ northeast pipeline systems that serve Western Pennsylvania and New York. The Delaware City Truck Rack consists of a 15 -lane, 76,000 bpd capacity truck loading rack utilized to distribute gasoline and distillates. The Delaware City Products Pipeline and Delaware City Truck Rack are collectively referred to as the "Delaware City Products Pipeline and Truck Rack." The transactions entered into after the Offering are collectively referred to as “Acquisitions from PBF.” Total transaction costs of approximately $530 associated with the Delaware City Products Pipeline and Truck Rack Acquisition were expensed as incurred. In connection with such acquisition, the Partnership entered into two commercial agreements with PBF Holding and amended and restated each of the omnibus agreement and the operational services agreement with PBF Holding. See Note 9—Related Party Transactions, for a summary of the terms of these agreements. As the Delaware City Products Pipeline and Truck Rack Acquisition was considered a transfer of businesses between entities under common control, the Delaware City Products Pipeline and Truck Rack was transferred at its historical carrying value, which was $15,975 as of May 14, 2015. The historical financial statements have been retrospectively adjusted to reflect the results of operations, financial position, and cash flows of the Delaware City Products Pipeline and Truck Rack as if it was owned by the Partnership for all periods presented. Net income attributable to the Delaware City Products Pipeline and Truck Rack prior to the effective Date was allocated entirely to PBF GP as if only PBF GP had rights to that net loss, therefore there is no retrospective adjustment to net income per unit. The following tables present the Partnership's statement of financial position and results of operations giving effect to the Acquisitions from PBF. For the three months ended March 31, 2015 and 2014, the consolidated results of the DCR West Rack prior to the DCR West Rack acquisition are included under “DCR West Rack,” the consolidated results of the Toledo Storage Facility prior to the Toledo Storage Facility acquisition are included under “Toledo Storage Facility,” and the consolidated results of the Delaware City Products Pipeline and Truck Rack prior to the Delaware City Products Pipeline and Truck Rack acquisition are included under “Delaware City Products Pipeline and Truck Rack.” The consolidated results of the DCR West Rack and the Toledo Storage Facility after the effective date of each acquisitions from PBF are included in “PBF Logistics LP." The consolidated results of the DCR Rail Terminal and, the Toledo Truck Rack are included in “PBF Logistics LP.” March 31, 2015 PBF Logistics Delaware City Products Pipeline and Truck Rack Consolidated Results Assets Current assets: Cash and cash equivalents $ 20,179 $ — $ 20,179 Accounts receivable - affiliates 13,950 — 13,950 Prepaid expenses and other current assets 240 63 303 Total current assets 34,369 63 34,432 Property, plant and equipment, net 130,978 15,922 146,900 Marketable securities 234,939 — 234,939 Other assets, net 1,991 — 1,991 Total assets $ 402,277 $ 15,985 $ 418,262 Liabilities Current liabilities: Accounts payable - affiliates $ 2,922 $ — $ 2,922 Accounts payable and accrued liabilities 1,357 147 1,504 Total current liabilities 4,279 147 4,426 Long-term debt 510,000 — 510,000 Other long-term liabilities — — — Total liabilities 514,279 147 514,426 Equity Net investment — 15,838 15,838 Common unitholders - Public 340,000 — 340,000 Common unitholders - PBF LLC (165,932 ) — (165,932 ) Subordinated unitholders - PBF LLC (286,070 ) — (286,070 ) Total equity (112,002 ) 15,838 (96,164 ) Total liabilities and equity $ 402,277 $ 15,985 $ 418,262 December 31, 2014 PBF Logistics Delaware City Products Pipeline and Truck Rack Consolidated Results Assets Current assets: Cash and cash equivalents $ 14,165 $ — $ 14,165 Accounts receivable - affiliates 11,630 — 11,630 Prepaid expenses and other current assets 295 102 397 Total current assets 26,090 102 26,192 Property, plant and equipment, net 130,779 16,088 146,867 Marketable securities 234,930 — 234,930 Other assets, net 2,152 — 2,152 Total assets $ 393,951 $ 16,190 $ 410,141 Liabilities Current liabilities: Accounts payable - affiliates $ 3,223 $ — $ 3,223 Accounts payable and accrued liabilities 1,021 477 1,498 Total current liabilities 4,244 477 4,721 Long-term debt 510,000 — 510,000 Other long-term liabilities — — — Total liabilities 514,244 477 514,721 Equity Net investment — 15,713 15,713 Common unitholders - Public 336,369 — 336,369 Common unitholders - PBF LLC (167,787 ) — (167,787 ) Subordinated unitholders - PBF LLC (288,875 ) — (288,875 ) Total equity (120,293 ) 15,713 (104,580 ) Total liabilities and equity $ 393,951 $ 16,190 $ 410,141 Three Months Ended March 31, 2015 PBF Logistics LP Delaware City Products Pipeline and Truck Rack Consolidated Results Revenues from affiliates $ 30,565 $ 2,281 $ 32,846 Costs and expenses: Operating and maintenance expenses 7,481 953 8,434 General and administrative expenses 2,963 99 3,062 Depreciation and amortization 1,447 186 1,633 Total costs and expenses 11,891 1,238 13,129 Income from operations 18,674 1,043 19,717 Other income (expense): Interest expense, net and other financing costs (1,803 ) 10 (1,793 ) Amortization of loan fees (162 ) — (162 ) Net Income 16,709 1,053 17,762 Less: Net income attributable to Predecessor — 1,053 1,053 Limited partners' interest in net income attributable to the Partnership $ 16,709 $ — $ 16,709 Three Months Ended March 31, 2014 PBF Logistics LP DCR West Rack Toledo Storage Facility Delaware City Products Pipeline and Truck Rack Consolidated Results Revenues from affiliates $ — $ — $ — $ 2,182 $ 2,182 Costs and expenses: Operating and maintenance expenses 1,536 — 2,470 842 4,848 General and administrative expenses 633 30 30 104 797 Depreciation and amortization 291 — 385 185 861 Total costs and expenses 2,460 30 2,885 1,131 6,506 (Loss) income from operations (2,460 ) (30 ) (2,885 ) 1,051 (4,324 ) Other income (expense): Interest expense, net and other financing costs — — — 2 2 Amortization of loan fees — — — — — Net (Loss) income (2,460 ) (30 ) (2,885 ) 1,053 (4,322 ) Less: Net (loss) income attributable to Predecessor (2,460 ) (30 ) (2,885 ) 1,053 (4,322 ) Limited partners' interest in net income attributable to the Partnership $ — $ — $ — $ — $ —

PROPERTY, PLANT AND EQUIPMENT,

PROPERTY, PLANT AND EQUIPMENT, NET	3 Months Ended
	Mar. 31, 2015
Property, Plant and Equipment, Net [Abstract]
Property, Plant and Equipment Disclosure [Text Block]	3. PROPERTY, PLANT AND EQUIPMENT, NET Property, plant and equipment, consisted of the following: March 31, December 31, Land $ 2,329 $ 2,329 Terminals and equipment 81,907 81,826 Storage equipment 55,232 55,006 Pipeline Assets 17,250 17,250 Construction in progress 2,331 972 159,049 157,383 Accumulated depreciation (12,149 ) (10,516 ) Property, plant and equipment, net $ 146,900 $ 146,867

DEBT

DEBT	3 Months Ended
	Mar. 31, 2015
Debt [Abstract]
Debt Disclosure [Text Block]	4. DEBT On May 14, 2014, in connection with the closing of the Offering, the Partnership entered into agreements for a five -year, $275,000 senior secured revolving credit facility (the “Revolving Credit Facility”) and a three -year, $300,000 term loan facility (the “Term Loan”), each with Wells Fargo Bank, National Association, as administrative agent, and a syndicate of lenders. The Revolving Credit Facility was increased from $275,000 to $325,000 in December 2014. The Revolving Credit Facility is available to fund working capital, acquisitions, distributions and capital expenditures and for other general partnership purposes. The Partnership has the ability to increase the maximum amount of the Revolving Credit Facility by an aggregate amount of up to $275,000 , to a total facility size of $600,000 , subject to receiving increased commitments from lenders or other financial institutions and satisfaction of certain conditions. The Revolving Credit Facility includes a $25,000 sublimit for standby letters of credit and for swingline loans. Obligations under the Revolving Credit Facility and certain cash management and hedging obligations designated by the Partnership are guaranteed by its restricted subsidiaries, and are secured by a first priority lien on the Partnership’s assets (including the Partnership’s equity interests in Delaware City Terminaling Company LLC) and those of the Partnership’s restricted subsidiaries other than excluded assets and a guaranty of collection from PBF LLC. The maturity date of the Revolving Credit Facility may be extended for one year on up to two occasions, subject to certain customary terms and conditions. Borrowings under the Revolving Credit Facility bear interest at either a Base Rate (as defined in the Revolving Credit Facility) plus an applicable margin ranging from 0.75% to 1.75% , or at LIBOR plus an applicable margin ranging from 1.75% to 2.75% . The applicable margin will vary based upon the Partnership’s Consolidated Total Leverage Ratio, as defined in the Revolving Credit Facility. The Term Loan was used to fund distributions to PBF LLC and is guaranteed by a guaranty of collection from PBF LLC and secured at all times by cash or U.S. Treasury securities in an amount equal to or greater than the outstanding principal amount of the Term Loan. Borrowings under the Term Loan bear interest either at Base Rate (as defined in the Term Loan), or at LIBOR plus an applicable margin equal to 0.25% . At March 31, 2015 , PBFX had $275,100 outstanding under the Revolving Credit Facility and $234,900 outstanding under the Term Loan. Both the Revolving Credit Agreement and Term Loan contain covenants that limit or restrict the Partnership's ability to make cash distributions. The Partnership is required to maintain certain financial ratios, each tested on a quarterly basis for the immediately preceding four quarter period. Fair Value Measurement A fair value hierarchy (Level 1, Level 2, or Level 3) is used to categorize fair value amounts based on the quality of inputs used to measure fair value. Accordingly, fair values derived from Level 1 inputs utilize quoted prices in active markets for identical assets or liabilities. Fair values derived from Level 2 inputs are based on quoted prices for similar assets and liabilities in active markets, and inputs other than quoted prices that are either directly or indirectly observable for the asset or liability. Level 3 inputs are unobservable inputs for the asset or liability, and include situations where there is little, if any, market activity for the asset or liability. Debt or equity securities are classified into the following reporting categories: held-to-maturity, trading or available-for-sale securities. While PBFX does not routinely sell marketable securities prior to their scheduled maturity dates, some of PBFX's investments may be held and restricted for the purpose of funding future capital expenditures and acquisitions. Such investments are classified as available-for-sale marketable securities as they may occasionally be sold prior to their scheduled maturity dates due to the unexpected timing of cash needs. The carrying value of these marketable securities approximates fair value and is measured using Level 1 inputs. The terms of the marketable securities range from one to three months and are classified on the balance sheet as non-current assets. The gross unrecognized holding gains and losses as of March 31, 2015 were not material. As of March 31, 2015, these investments are used as collateral to secure the Term Loan (as defined above) and are intended to be used only to fund future capital expenditures. The estimated fair values of the Revolving Credit Facility and Term Loan approximates their carrying values, categorized as a Level 2 measurement, as these borrowings bear interest based upon short-term floating market interest rates.

EQUITY

EQUITY	3 Months Ended
	Mar. 31, 2015
Equity [Abstract]
Stockholders' Equity Note Disclosure [Text Block]	5. EQUITY PBFX had 15,812,500 common units held by the public outstanding as of March 31, 2015 . PBF Energy owns 1,284,524 of PBFX's common units and 15,886,553 of PBFX's subordinated units constituting an aggregate of 52.1% of PBFX's limited partner interest. In accordance with the Partnership Agreement, PBF Energy's subordinated units will convert into common units on a one-for-one basis once PBFX has met specified distribution targets and successfully completed other tests set forth in the Partnership Agreement. Equity Activity The summarized changes in the carrying amount of our equity during the three months ended March 31, 2015 are as follows: Net investment Common Units - Public Common Units - PBF Subordinated Units - PBF Total Balance at December 31, 2014 $ 15,713 $ 336,369 $ (167,787 ) $ (288,875 ) $ (104,580 ) Quarterly cash distributions to unitholders — (5,309 ) (424 ) (5,243 ) (10,976 ) Net income 1,053 8,010 651 8,048 17,762 Contribution / (distribution) from / to PBF LLC (928 ) — 1,628 — 700 Unit-based compensation expense — 930 — — 930 Balance at March 31, 2015 $ 15,838 $ 340,000 $ (165,932 ) $ (286,070 ) $ (96,164 ) Allocations of Net Income The Partnership Agreement contains provisions for the allocation of net income and loss to the unitholders. For purposes of maintaining partner capital accounts, the Partnership Agreement specifies that items of income and loss shall be allocated among the partners in accordance with their respective percentage interest. Normal allocations according to percentage interests are made after giving effect, if any, to priority income allocations in an amount equal to incentive cash distributions allocated 100% to PBF LLC. Cash distributions PBFX's partnership agreement, as amended, sets forth the calculation to be used to determine the amount and priority of cash distributions that the common and subordinated unitholders and general partner will receive. On March 4, 2015, we paid a quarterly cash distribution, based on the results of the fourth quarter of 2014, totaling $10,885 , or $0.33 per unit to unitholders of record on February 23, 2015. The allocation of total quarterly cash distributions to general and limited partners is as follows for the three months ended March 31, 2015 . The Partnership's distributions are declared subsequent to quarter end; therefore, the table represents total cash distributions applicable to the period in which the distributions are earned: Three months ended March 31, 2015 Incentive distribution rights - PBF LLC $ 29 Limited partners’ distributions: Common – public 5,631 Common – PBF LLC 450 Subordinated – PBF LLC 5,560 Total limited partners’ distributions 11,670 Total cash distributions (1) $ 11,574 ____________________ (1) Excludes phantom unit distributions which are accrued and paid upon vesting.

UNIT-BASED COMPENSATION

UNIT-BASED COMPENSATION	3 Months Ended
	Mar. 31, 2015
UNIT-BASED COMPENSATION [Abstract]
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	6. UNIT-BASED COMPENSATION PBF GP's board of directors adopted the PBF Logistics LP 2014 Long-Term Incentive Plan (the “LTIP ”) in connection with the completion of the Offering. The LTIP is for the benefit of employees, consultants, service providers and non-employee directors of the general partner and its affiliates. In May and August 2014, PBFX issued phantom unit awards under the LTIP to certain directors, officers and employees of our general partner or its affiliates as compensation. The fair value of each phantom unit on the grant date is equal to the market price of PBFX's common units on that date. The estimated fair value of PBFX's phantom units is amortized over the vesting period of four years, using the straight-line method. In 2015, upon retirement of certain of PBF GP's officers, phantom units held by these individuals accelerated vesting pursuant to the terms of their grant agreements. Unit-based compensation expense related to the Partnership that was included in the Partnership's condensed consolidated statements of operations was $930 , inclusive of $510 associated with the accelerated vesting of certain phantom units described above, for the period ended March 31, 2015 .

NET INCOME PER UNIT

NET INCOME PER UNIT	3 Months Ended
	Mar. 31, 2015
Earnings Per Unit [Abstract]
Earnings Per Share [Text Block]	7. NET INCOME PER UNIT Net income per unit is calculated for the Partnership only for periods after the Offering as no units were outstanding prior to May 14, 2014. Earnings in excess of distributions are allocated to the limited partners based on their respective ownership interests. Payments made to PBFX's unitholders are determined in relation to actual distributions declared and are not based on the net income (loss) allocations used in the calculation of net income (loss) per unit. Diluted net income per unit includes the effects of potentially dilutive units of PBFX's common units that consist of unvested phantom units. For the three months ended March 31, 2015 there were no anti-dilutive phantom units. Basic and diluted net income per unit applicable to subordinated limited partners are the same because there are no potentially dilutive subordinated units outstanding. In addition to the common and subordinated units, PBFX has also identified the general partner interest and incentive distribution rights as participating securities and uses the two-class method when calculating the net income per unit applicable to limited partners that is based on the weighted-average number of common units outstanding during the period. In 2014, the Partnership issued 1,210,471 additional common units to PBF LLC in conjunction with the DCR West Rack and Toledo Storage Facility Acquisitions. When calculating basic earnings per unit under the two-class method for a master limited partnership, net income for the current reporting period is reduced by the amount of available cash that has been or will be distributed to the general partner, limited partners, and IDR holders for that reporting period. The following table shows the calculation of earnings less than distributions (in thousands): Three Months Ended Net income $ 17,762 Less distributions declared on: Limited partner common units - public 5,631 Limited partner common units - PBF LLC 450 Limited partner subordinated units - PBF LLC 5,560 Incentive distribution rights - PBF LLC 29 Total distributions declared 11,670 Earnings less than distributions $ 6,092 Three Months Ended March 31, 2015 Limited Partner Common Units – Public Limited Partner Common Limited Partner Subordinated Units – PBF LLC Incentive Distribution Rights - PBF LLC Total Net income (loss): Distributions declared $ 5,631 $ 450 $ 5,560 $ 29 $ 11,670 Earnings less than distributions 2,379 201 2,488 1,024 6,092 Net income (loss) $ 8,010 $ 651 $ 8,048 $ 1,053 $ 17,762 Weighted-average units outstanding - basic 15,812,500 1,284,524 15,886,553 Weighted-average units outstanding - diluted 15,832,737 1,284,524 15,886,553 Net income per limited partner unit - basic $ 0.51 $ 0.51 $ 0.51 Net income per limited partner unit - diluted $ 0.51 $ 0.51 $ 0.51

COMMITMENT AND CONTINGENCIES

COMMITMENT AND CONTINGENCIES	3 Months Ended
	Mar. 31, 2015
COMMITMENTS AND CONTINGENCIES [Abstract]
Commitments and Contingencies Disclosure [Text Block]	8. COMMITMENTS AND CONTINGENCIES The DCR Rail Terminal and DCR West Rack are collocated with the Delaware City refinery, and are located in Delaware’s coastal zone where certain activities are regulated under the Delaware Coastal Zone Act. On June 14, 2013, two administrative appeals were filed by the Sierra Club and Delaware Audubon (collectively, the “Appellants”) regarding an air permit DCR obtained to allow loading of crude oil onto barges. The appeals allege that both the loading of crude oil onto barges and the operation of the DCR Rail Terminal violate the Delaware Coastal Zone Act. The first appeal is Number 2013-1 before the State Coastal Zone Industrial Control Board (the “CZ Board”), and the second appeal is before the Environmental Appeals Board (“EAB”) and appeals Secretary's Order No. 2013-A-0020. The CZ Board held a hearing on the first appeal on July 16, 2013, and ruled in favor of DCR and the State of Delaware and dismissed the Appellants' appeal for lack of standing. Sierra Club and Delaware Audubon appealed that decision to the Delaware Superior Court, New Castle County, Case No. N13A-09-001 ALR, and DCR and the State of Delaware filed cross-appeals. A hearing on the second appeal before the EAB, case no. 2013-06, was held on January 13, 2014, and the EAB ruled in favor of DCR and the State of Delaware and dismissed the appeal for lack of jurisdiction. The Appellants also filed a Notice of Appeal with the Superior Court appealing the EAB’s decision. On March 31, 2015 the Superior Court affirmed the decisions by both the CZ Board and the EAB stating they both lacked jurisdiction to rule on the Appellants' appeals. The Appellants have appealed to the Delaware Supreme Court and briefing on the case is scheduled to occur in the second and third quarters of 2015. If the Appellants in one or both of these matters ultimately prevail, the outcome may have an adverse material effect on PBFX's financial condition, results of operations, cash flows and ability to make distributions to its unitholders. Environmental Matters PBFX’s assets, along with PBF Energy’s refineries, are subject to extensive and frequently changing federal, state and local laws and regulations, including, but not limited to, those relating to the discharge of materials into the environment or that otherwise relate to the protection of the environment, waste management and the characteristics and the composition of fuels. Compliance with existing and anticipated laws and regulations can increase the overall cost of operating the Partnership’s assets, including remediation, operating costs and capital costs to construct, maintain and upgrade equipment and facilities. In connection with PBF Holding’s acquisition of the DCR assets, Valero Energy Corporation (“Valero”) remains responsible for certain pre-acquisition environmental obligations up to $20,000 and the predecessor to Valero in ownership of the refinery retains other historical obligations. In connection with its acquisition of the DCR assets and the Paulsboro refinery, PBF Holding and Valero purchased ten year, $75,000 environmental insurance policies to insure against unknown environmental liabilities at each site. In connection with PBF Energy's Toledo refinery acquisition, Sunoco Inc. (R&M) remains responsible for environmental remediation for conditions that existed on the closing date for twenty years from March 1, 2011, subject to certain limitations.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	3 Months Ended
	Mar. 31, 2015
COMMITMENTS AND CONTINGENCIES [Abstract]
Related Party Transactions Disclosure [Text Block]	9. RELATED PARTY TRANSACTIONS Commercial Agreements PBFX currently derives all of its revenue from long-term, fee-based agreements with PBF Holding, supported by fee escalations for inflation adjustments and certain increases in operating costs. PBFX believes the terms and conditions under these agreements, as well as the omnibus and services agreements with PBF Holding described below, are generally no less favorable to either party than those that could have been negotiated with unaffiliated parties with respect to similar services. 2014 Commercial Agreements The commercial agreements entered into during the year ended December 31, 2014 with PBF Holding have initial terms ranging from approximately seven to ten years and include: • a rail terminaling services agreement with PBF Holding, with an initial term of approximately seven years, under which the Partnership provides terminaling services at the DCR Rail Terminal; • a truck unloading and terminaling services agreement with PBF Holding, with an initial term of approximately seven years, under which the Partnership provides terminaling services at the Toledo Truck Terminal; • a terminaling services agreement, with an initial term of approximately seven years, under which the Partnership provides rail terminaling services to PBF Holding at the DCR West Rack; and • a storage and terminaling services agreement, with an initial term of approximately ten years, under which the Partnership provides storage and terminaling services to PBF Holding at the Toledo Storage Facility. Each of these commercial agreements contain minimum volume commitments. Additionally, the storage and terminaling services agreement contains minimum requirements for the amount of storage contracted by PBF Holding. The fees under each commercial agreement are indexed for inflation and the agreements give PBF Holding the option to renew for two additional five -year terms following the expiration of the initial term. 2015 Commercial Agreements On May 15, 2015, PBF Holding and DPC entered into an approximately ten-year pipeline services agreement (the “Delaware Pipeline Services Agreement”) under which the Partnership, through DPC, will provide pipeline services to PBF Holding. PBF Holding also entered into an approximately ten-year terminaling services agreement with DCLC (the “Delaware Truck Loading Services Agreement”) under which the Partnership, through DCLC, will provide terminaling services to PBF Holding. The Delaware Pipeline Services Agreement and Delaware Truck Loading Services Agreement (collectively, the “Delaware City Pipeline and Terminaling Agreements”) can be extended by PBF Holding for two additional five-year periods. Under the Delaware City Pipeline and Terminaling Agreements, the Partnership will provide PBF Holding with pipeline and terminaling services in return for throughput fees. The minimum throughput commitment for the pipeline facility will be 50,000 bpd for a fee equal to $0.5266 per barrel of product throughputted up to the minimum throughput commitment and in excess of the minimum throughput commitment. If PBF Holding does not throughput the aggregate amounts equal to the minimum throughput commitment described above, PBF Holding will be required to pay a shortfall payment equal to the shortfall volume multiplied by the fee of $0.5266 per barrel. The minimum throughput commitment for the truck rack will be at least 30,000 bpd for refined clean products with a fee equal to approximately $0.462 per barrel and at least 5,000 bpd for LPGs with a fee equal to approximately $2.52 per barrel of product loaded up to the minimum throughput commitment and for volumes in excess of the minimum throughput commitment. The Partnership is required to maintain the Delaware City Products Pipeline and Truck Rack in a condition and with a capacity sufficient to handle a volume of PBF Holding’s products at least equal to their current operating capacity as a whole subject to interruptions for routine repairs and maintenance and force majeure events. Failure to meet such obligations may result in a reduction of fees payable under the Delaware City Pipeline and Terminaling Agreements. Other Agreements In addition to the commercial agreements described above, the Partnership also entered into an omnibus agreement with PBF GP, PBF LLC and PBF Holding, which addresses the payment of an annual fee, in the amount of $2,225 per year, for the provision of various general and administrative services, among other matters, and an operations and management services and secondment agreement with PBF Holding and certain of its subsidiaries under which PBFX reimburses PBF Holding for the provision of certain operational services to the Partnership in support of its operations, including operational services performed by certain of PBF Holding's field-level employees. The omnibus agreement and operations and management services and secondment agreement were amended on May 15, 2015 to include the Delaware City Products Pipeline and Truck Rack. Predecessor Transactions Related-party transactions of the Predecessor were settled through division equity. Summary of Transactions A summary of revenue and expense transactions with our affiliates, including expenses directly charged and allocated to our Predecessor, is as follows: Three Months Ended March 31, 2015 2014 Revenues $ 32,846 $ 2,182 Operating and maintenance expenses 1,155 333 General and administrative expenses 1,235 510

SEGMENT INFORMATION

SEGMENT INFORMATION	3 Months Ended
	Mar. 31, 2015
Segment Reporting [Abstract]
Segment Reporting Disclosure [Text Block]	10. SEGMENT INFORMATION The Partnership's operations are organized into two reportable segments, Transportation and Terminaling; and Storage. Operations that are not included in the Transportation and Terminaling; and Storage segments are included in Corporate. Intersegment transactions are eliminated in the consolidated financial statements and are included in Eliminations. Our Transportation and Terminaling segment consists of the following assets: • the DCR Rail Terminal, which serves PBF Energy’s Delaware City and Paulsboro refineries and has an unloading capacity of 130,000 bpd; • the DCR West Rack, which serves PBF Energy’s Delaware City refinery with total throughput capacity of at least 40,000 bpd; • the Toledo Truck Terminal, which serves PBF Energy’s Toledo refinery, comprised of six LACT units and has unloading capacity of 22,500 bpd; • a propane truck loading facility, located within the Toledo Storage Facility, which is part of PBF Energy's Toledo, Ohio refinery, with a throughput capacity of approximately 11,000 barrels bpd; • the Delaware City Products Pipeline, which consists of a 23.4 mile, 16 -inch interstate petroleum products pipeline with capacity in excess of 125,000 bpd located at DCR; and • the Delaware City Truck Rack, which consists of a 15 -lane, 76,000 bpd capacity truck loading rack utilized to distribute gasoline and distillates. Our Storage segment consists of the following asset: • the Toledo Storage Facility, excluding the propane truck loading facility, which services the Toledo refinery and consists of 30 tanks for storing crude oil, refined products and intermediates. The aggregate capacity of the Toledo Storage Facility is approximately 3.9 million barrels, of which 1.3 million barrels are dedicated to crude oil storage and 2.6 million barrels are allocated to refined products and intermediates. With the exception of revenue generated by the Delaware City Products Pipeline, prior to the Offering and Acquisitions from PBF the operation of our assets did not generate third-party or inter-entity revenue. PBFX generates revenue from commercial agreements entered into with PBF Holding under which PBF Holding pays the Partnership fees for terminaling and storage of crude oil and refined products. The commercial agreements with PBF Holding are described in Note 19. The Partnership does not have any foreign operations. The operating segments adhere to the accounting polices used for the combined consolidated financial statements, as described in the Partnership's Consolidated Financial Statements for the year ended December 31, 2014 included in Form 8-K filed on September 1, 2015. The Partnership's operating segments are strategic business units that offer different services in different geographical locations. PBFX has evaluated the performance of each operating segment based on its respective operating income. Certain general and administrative expenses and interest and financing costs are included in Corporate as they are not directly attributable to a specific operating segment. Identifiable assets are those used by the operating segment, whereas assets included in Corporate are principally cash, deposits and other assets that are not associated with a specific operating segment. Three Months Ended March 31, 2015 Transportation and Terminaling Storage Corporate Consolidated Total Revenues $ 27,320 $ 5,526 $ — $ 32,846 Depreciation and amortization expense 991 642 — 1,633 Income (loss) from operations 19,802 2,977 (3,062 ) 19,717 Interest expense, net and amortization of loan fees 10 — (1,965 ) (1,955 ) Capital expenditures 76 — — 76 Three Months Ended March 31, 2014 Predecessor Transportation and Terminaling Storage Corporate Consolidated Total Revenues $ 2,182 $ — $ — $ 2,182 Depreciation and amortization expense 477 384 — 861 Income (loss) from operations (1,062 ) (2,465 ) (797 ) (4,324 ) Interest expense, net and amortization of loan fees 2 — — 2 Capital expenditures 8,011 1,435 — 9,446 Balance at March 31, 2015 Transportation and Terminaling Storage Corporate Consolidated Total Total assets $ 105,973 $ 55,059 $ 257,230 $ 418,262 Balance at December 31, 2014 Transportation and Terminaling Storage Corporate Consolidated Total Total assets $ 105,631 $ 53,038 $ 251,472 $ 410,141

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	3 Months Ended
	Mar. 31, 2015
Subsequent Events [Abstract]
Subsequent Events [Text Block]	11. SUBSEQUENT EVENTS Cash distribution On April 30, 2015, PBF GP's board of directors declared a cash distribution, based on the results of the first quarter of 2015, totaling $11,670 , or $0.35 per unit. This distribution was paid on May 29, 2015 to unitholders of record on May 15, 2015. Senior Secured Notes On May 12, 2015, the Partnership entered into an Indenture among the Partnership, PBF Logistics Finance Corporation, a Delaware corporation and wholly-owned subsidiary of the Partnership ("PBF Finance," and together with the Partnership, the "Issuers"), the Guarantors named therein and Deutsche Bank Trust Company Americas, as Trustee, under which the Issuers issued $350,000 in aggregate principal amount of 6.875% Senior Notes due 2023 (the "Notes"). The initial purchasers in the offering purchased $330,090 aggregate principal amount of Notes pursuant to a private placement transaction conducted under Rule 144A and Regulation S of the Securities Act of 1933, as amended, and certain of PBF Energy’s officers and directors and their affiliates and family members purchased the remaining $19,910 aggregate principal amount of Notes in a separate private placement transaction. The Issuers received net proceeds of approximately $343,000 from the offerings after deducting the initial purchasers’ discount and estimated offering expenses, and used such proceeds to pay $88,000 of the cash consideration due in connection with Delaware City Products Pipeline and Truck Rack Acquisition and to repay $255,000 of outstanding indebtedness under the Partnership’s revolving credit facility. The Partnership will pay interest on the Notes semi-annually in cash in arrears on May 15 and November 15 of each year, beginning on November 15, 2015. The Notes will mature on May 15, 2023.

CONDENSED CONSOLIDATING FINANCI

CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF LOGISTICS (Notes)	3 Months Ended
	Mar. 31, 2015
CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF LOGISTICS [Abstract]
CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF LOGISTICS	12. CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF LOGISTICS Delaware City Logistics Company LLC, Delaware Pipeline Company LLC, Delaware City Terminaling Company LLC, and Toledo Terminaling Company LLC are 100% owned subsidiaries of the Partnership and serve as guarantors of the obligations under the Senior Secured Notes. These guarantees are full and unconditional and joint and several. For purposes of the following footnote, the Partnership is referred to as “Issuer.” The indenture dated May 12, 2015, among the Partnership, PBF Logistics Finance, the guarantors party thereto and Deutsche Bank Trust Company Americas, as Trustee, governs subsidiaries designated as “Guarantor Subsidiaries.” The Senior Secured Notes were co-issued by PBF Logistics Finance. For purposes of the following footnote, PBF Logistics Finance is referred to as “Co-Issuer.” The Co-Issuer has no independent assets or operations. The following supplemental combining and condensed consolidating financial information reflects the Issuer’s separate accounts, the combined accounts of the Guarantor Subsidiaries, the combining and consolidating adjustments and eliminations and the Issuer’s consolidated accounts for the dates and periods indicated. For purposes of the following combining and consolidating information, the Issuer’s Investment in its subsidiaries and the Guarantor Subsidiaries’ Investment in its subsidiaries are accounted for under the equity method of accounting. Prior to the initial public offering of the Partnership on May 14, 2014, all of the guarantor subsidiaries and related assets were previously owned by PBF LLC. As a result, Issuer financial statement information is not available or applicable for any periods prior to May 14, 2014, and any financial information prior to such date would be entirely attributable to the Guarantor Subsidiaries column of the consolidating financial statements of PBF Logistics. 12. CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF LOGISTICS CONDENSED CONSOLIDATING BALANCE SHEET (UNAUDITED) March 31, 2015 Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Combining and Consolidating Adjustments Total ASSETS Current assets: Cash and cash equivalents $ 20,179 $ — $ — $ — $ 20,179 Accounts receivable - affiliate — 13,950 — — 13,950 Prepaid expense and other current assets 124 179 — — 303 Due from related parties 648 45,330 — (45,978 ) — Total current assets 20,951 59,459 — (45,978 ) 34,432 Property, plant and equipment, net — 146,900 — — 146,900 Investment in subsidiaries 187,255 — — (187,255 ) — Marketable Securities 234,939 — — — 234,939 Deferred charges and other assets, net 1,991 — — — 1,991 Total assets $ 445,136 $ 206,359 $ — $ (233,233 ) $ 418,262 LIABILITIES AND EQUITY Current liabilities: Accounts Payable - affiliate 490 2,432 — — 2,922 Accounts Payable and accrued liabilities 1,318 186 — — 1,504 Due to related parties 45,330 648 — (45,978 ) — Total current liabilities 47,138 3,266 — (45,978 ) 4,426 Long-term debt 510,000 — — — 510,000 Total liabilities 557,138 3,266 — (45,978 ) 514,426 Commitments and contingencies Equity: Net investment — 203,093 — (187,255 ) 15,838 Common unitholders - Public (15,812,500 units issued and outstanding) 340,000 — — — 340,000 Common unitholders - PBF LLC (1,284,524 units issued and outstanding) (165,932 ) — — (165,932 ) Subordinated unitholders - PBF LLC (15,886,553 units issued and outstanding) (286,070 ) — — — (286,070 ) Total equity (112,002 ) 203,093 — (187,255 ) (96,164 ) Total liabilities and equity $ 445,136 $ 206,359 $ — $ (233,233 ) $ 418,262 12. CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF LOGISTICS CONDENSED CONSOLIDATING BALANCE SHEET (UNAUDITED) December 31, 2014 Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Combining and Consolidating Adjustments Total ASSETS Current assets: Cash and cash equivalents $ 14,165 $ — $ — $ — $ 14,165 Accounts receivable - affiliate — 11,630 — — 11,630 Prepaid expense and other current assets 224 173 — — 397 Due from related parties 245 24,393 — (24,638 ) — Total current assets 14,634 36,196 — (24,638 ) 26,192 Property, plant and equipment, net — 146,867 — — 146,867 Investment in subsidiaries 163,835 — — (163,835 ) — Marketable Securities 234,930 — — — 234,930 Deferred charges and other assets, net 2,152 — — — 2,152 Total assets $ 415,551 $ 183,063 $ — $ (188,473 ) $ 410,141 LIABILITIES AND EQUITY Current liabilities: Accounts Payable - affiliate 481 2,742 — — 3,223 Accounts Payable and accrued liabilities 970 528 — — 1,498 Due to related parties 24,393 245 — (24,638 ) — Total current liabilities 25,844 3,515 — (24,638 ) 4,721 Long-term debt 510,000 — — — 510,000 Total liabilities 535,844 3,515 — (24,638 ) 514,721 Commitments and contingencies Equity: Net investment — 179,548 — (163,835 ) 15,713 Common unitholders - Public (15,812,500 units issued and outstanding) 336,369 — — — 336,369 Common unitholders - PBF LLC (1,284,524 units issued and outstanding) (167,787 ) — — — (167,787 ) Subordinated unitholders - PBF LLC (15,886,553 units issued and outstanding) (288,875 ) — — — (288,875 ) Total equity (120,293 ) 179,548 — (163,835 ) (104,580 ) Total liabilities and equity $ 415,551 $ 183,063 $ — $ (188,473 ) $ 410,141 12. CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF LOGISTICS CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS (UNAUDITED) Three Months Ended March 31, 2015 Issuer Guarantors Subsidiaries Non-Guarantors Subsidiaries Combining and Consolidated Adjustments Total Revenues from affiliates $ — $ 32,846 $ — $ — $ 32,846 Operating costs and expenses Operating and maintenance expenses 8,434 — — 8,434 General and administrative expenses 2,953 109 — — 3,062 Depreciation and amortization expense — 1,633 — — 1,633 Total operating costs and expenses 2,953 10,176 — — 13,129 Operating income (loss) (2,953 ) 22,670 — — 19,717 Other income (expenses) Equity in earnings (loss) of subsidiaries 22,680 — — (22,680 ) — Interest expenses net and other financing costs (1,803 ) 10 — — (1,793 ) Amortization of loan fees (162 ) — — — (162 ) Other income, net $ — $ — $ — — $ — Net income (loss) $ 17,762 $ 22,680 $ — $ (22,680 ) $ 17,762 Less: Net income attributable to Predecessor — 1,053 — — 1,053 Limited partners' interest in net income attributable to the Partnership $ 17,762 $ 21,627 $ — $ (22,680 ) $ 16,709 12. CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF LOGISTICS CONDENSED CONSOLIDATING STATEMENT OF CASH FLOW (UNAUDITED) Three Months Ended March 31, 2015 Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Combining and Consolidating Adjustments Total Cash flows from operating activities: Net income (loss) $ 17,762 $ 22,680 $ — $ (22,680 ) $ 17,762 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization — 1,633 — — 1,633 Amortization of deferred financing fees 162 — — — 162 Unit-based compensation expense 930 — — — 930 Equity in earnings (22,680 ) — — 22,680 — Changes in current assets and current liabilities: Accounts receivable- affiliates — (2,320 ) — — (2,320 ) Prepaid expenses and other current assets 100 (6 ) — — 94 Accounts payable- affiliates 9 (310 ) — — (301 ) Accounts payable and accrued liabilities 257 (303 ) — — (46 ) Amounts due to/from related parties 20,534 (20,534 ) — — — Other assets and liabilities (15 ) — — — (15 ) Net cash provided by (used in) operating activities 17,059 840 — — 17,899 Cash flows from investing activities: Expenditures for property, plant and equipment — (76 ) — — (76 ) Purchase of marketable securities (689,693 ) — — — (689,693 ) Maturities of marketable securities 689,697 — — — 689,697 Investment in subsidiaries (164 ) 164 — — — Net cash provided by (used in) investing activities (160 ) 88 — — (72 ) Cash flows from financing activities: Parent contributions — (928 ) — — (928 ) Distributions to unitholders (10,885 ) — — — (10,885 ) Net cash provided by (used in) financing activities (10,885 ) (928 ) — — (11,813 ) Net increase in cash and cash equivalents 6,014 — — — 6,014 Cash and equivalents, beginning of period 14,165 — — — 14,165 Cash and equivalents, end of period $ 20,179 $ — $ — $ — $ 20,179

ACQUISITIONS (Tables)

ACQUISITIONS (Tables)	3 Months Ended
	Mar. 31, 2015
Business Combinations [Abstract]
Schedule of Business Acquisitions, by Acquisition [Table Text Block]	March 31, 2015 PBF Logistics Delaware City Products Pipeline and Truck Rack Consolidated Results Assets Current assets: Cash and cash equivalents $ 20,179 $ — $ 20,179 Accounts receivable - affiliates 13,950 — 13,950 Prepaid expenses and other current assets 240 63 303 Total current assets 34,369 63 34,432 Property, plant and equipment, net 130,978 15,922 146,900 Marketable securities 234,939 — 234,939 Other assets, net 1,991 — 1,991 Total assets $ 402,277 $ 15,985 $ 418,262 Liabilities Current liabilities: Accounts payable - affiliates $ 2,922 $ — $ 2,922 Accounts payable and accrued liabilities 1,357 147 1,504 Total current liabilities 4,279 147 4,426 Long-term debt 510,000 — 510,000 Other long-term liabilities — — — Total liabilities 514,279 147 514,426 Equity Net investment — 15,838 15,838 Common unitholders - Public 340,000 — 340,000 Common unitholders - PBF LLC (165,932 ) — (165,932 ) Subordinated unitholders - PBF LLC (286,070 ) — (286,070 ) Total equity (112,002 ) 15,838 (96,164 ) Total liabilities and equity $ 402,277 $ 15,985 $ 418,262 December 31, 2014 PBF Logistics Delaware City Products Pipeline and Truck Rack Consolidated Results Assets Current assets: Cash and cash equivalents $ 14,165 $ — $ 14,165 Accounts receivable - affiliates 11,630 — 11,630 Prepaid expenses and other current assets 295 102 397 Total current assets 26,090 102 26,192 Property, plant and equipment, net 130,779 16,088 146,867 Marketable securities 234,930 — 234,930 Other assets, net 2,152 — 2,152 Total assets $ 393,951 $ 16,190 $ 410,141 Liabilities Current liabilities: Accounts payable - affiliates $ 3,223 $ — $ 3,223 Accounts payable and accrued liabilities 1,021 477 1,498 Total current liabilities 4,244 477 4,721 Long-term debt 510,000 — 510,000 Other long-term liabilities — — — Total liabilities 514,244 477 514,721 Equity Net investment — 15,713 15,713 Common unitholders - Public 336,369 — 336,369 Common unitholders - PBF LLC (167,787 ) — (167,787 ) Subordinated unitholders - PBF LLC (288,875 ) — (288,875 ) Total equity (120,293 ) 15,713 (104,580 ) Total liabilities and equity $ 393,951 $ 16,190 $ 410,141 Three Months Ended March 31, 2015 PBF Logistics LP Delaware City Products Pipeline and Truck Rack Consolidated Results Revenues from affiliates $ 30,565 $ 2,281 $ 32,846 Costs and expenses: Operating and maintenance expenses 7,481 953 8,434 General and administrative expenses 2,963 99 3,062 Depreciation and amortization 1,447 186 1,633 Total costs and expenses 11,891 1,238 13,129 Income from operations 18,674 1,043 19,717 Other income (expense): Interest expense, net and other financing costs (1,803 ) 10 (1,793 ) Amortization of loan fees (162 ) — (162 ) Net Income 16,709 1,053 17,762 Less: Net income attributable to Predecessor — 1,053 1,053 Limited partners' interest in net income attributable to the Partnership $ 16,709 $ — $ 16,709 Three Months Ended March 31, 2014 PBF Logistics LP DCR West Rack Toledo Storage Facility Delaware City Products Pipeline and Truck Rack Consolidated Results Revenues from affiliates $ — $ — $ — $ 2,182 $ 2,182 Costs and expenses: Operating and maintenance expenses 1,536 — 2,470 842 4,848 General and administrative expenses 633 30 30 104 797 Depreciation and amortization 291 — 385 185 861 Total costs and expenses 2,460 30 2,885 1,131 6,506 (Loss) income from operations (2,460 ) (30 ) (2,885 ) 1,051 (4,324 ) Other income (expense): Interest expense, net and other financing costs — — — 2 2 Amortization of loan fees — — — — — Net (Loss) income (2,460 ) (30 ) (2,885 ) 1,053 (4,322 ) Less: Net (loss) income attributable to Predecessor (2,460 ) (30 ) (2,885 ) 1,053 (4,322 ) Limited partners' interest in net income attributable to the Partnership $ — $ — $ — $ — $ —

PROPERTY, PLANT AND EQUIPMENT18

PROPERTY, PLANT AND EQUIPMENT, NET (Tables)	3 Months Ended
	Mar. 31, 2015
Property, Plant and Equipment, Net [Abstract]
Property, Plant and Equipment [Table Text Block]	Property, plant and equipment, consisted of the following: March 31, December 31, Land $ 2,329 $ 2,329 Terminals and equipment 81,907 81,826 Storage equipment 55,232 55,006 Pipeline Assets 17,250 17,250 Construction in progress 2,331 972 159,049 157,383 Accumulated depreciation (12,149 ) (10,516 ) Property, plant and equipment, net $ 146,900 $ 146,867

EQUITY (Tables)

EQUITY (Tables)	3 Months Ended
	Mar. 31, 2015
Equity [Abstract]
Schedule of Stockholders Equity [Table Text Block]	The summarized changes in the carrying amount of our equity during the three months ended March 31, 2015 are as follows: Net investment Common Units - Public Common Units - PBF Subordinated Units - PBF Total Balance at December 31, 2014 $ 15,713 $ 336,369 $ (167,787 ) $ (288,875 ) $ (104,580 ) Quarterly cash distributions to unitholders — (5,309 ) (424 ) (5,243 ) (10,976 ) Net income 1,053 8,010 651 8,048 17,762 Contribution / (distribution) from / to PBF LLC (928 ) — 1,628 — 700 Unit-based compensation expense — 930 — — 930 Balance at March 31, 2015 $ 15,838 $ 340,000 $ (165,932 ) $ (286,070 ) $ (96,164 )
Distributions Made to Unitholders [Table Text Block]	The Partnership's distributions are declared subsequent to quarter end; therefore, the table represents total cash distributions applicable to the period in which the distributions are earned: Three months ended March 31, 2015 Incentive distribution rights - PBF LLC $ 29 Limited partners’ distributions: Common – public 5,631 Common – PBF LLC 450 Subordinated – PBF LLC 5,560 Total limited partners’ distributions 11,670 Total cash distributions (1) $ 11,574 ____________________ (1) Excludes phantom unit distributions which are accrued and paid upon vesting.

NET INCOME PER UNIT (Tables)

NET INCOME PER UNIT (Tables)	3 Months Ended
	Mar. 31, 2015
Earnings Per Unit [Abstract]
Schedule of Earnings Per Share, Basic, by Common Class, Including Two Class Method [Table Text Block]	The following table shows the calculation of earnings less than distributions (in thousands): Three Months Ended Net income $ 17,762 Less distributions declared on: Limited partner common units - public 5,631 Limited partner common units - PBF LLC 450 Limited partner subordinated units - PBF LLC 5,560 Incentive distribution rights - PBF LLC 29 Total distributions declared 11,670 Earnings less than distributions $ 6,092
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended March 31, 2015 Limited Partner Common Units – Public Limited Partner Common Limited Partner Subordinated Units – PBF LLC Incentive Distribution Rights - PBF LLC Total Net income (loss): Distributions declared $ 5,631 $ 450 $ 5,560 $ 29 $ 11,670 Earnings less than distributions 2,379 201 2,488 1,024 6,092 Net income (loss) $ 8,010 $ 651 $ 8,048 $ 1,053 $ 17,762 Weighted-average units outstanding - basic 15,812,500 1,284,524 15,886,553 Weighted-average units outstanding - diluted 15,832,737 1,284,524 15,886,553 Net income per limited partner unit - basic $ 0.51 $ 0.51 $ 0.51 Net income per limited partner unit - diluted $ 0.51 $ 0.51 $ 0.51

RELATED PARTY TRANSACTIONS (Tab

RELATED PARTY TRANSACTIONS (Tables)	3 Months Ended
	Mar. 31, 2015
Related Party Transaction [Line Items]
Schedule of Related Party Transactions [Table Text Block]	A summary of revenue and expense transactions with our affiliates, including expenses directly charged and allocated to our Predecessor, is as follows: Three Months Ended March 31, 2015 2014 Revenues $ 32,846 $ 2,182 Operating and maintenance expenses 1,155 333 General and administrative expenses 1,235 510

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	3 Months Ended
	Mar. 31, 2015
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Three Months Ended March 31, 2015 Transportation and Terminaling Storage Corporate Consolidated Total Revenues $ 27,320 $ 5,526 $ — $ 32,846 Depreciation and amortization expense 991 642 — 1,633 Income (loss) from operations 19,802 2,977 (3,062 ) 19,717 Interest expense, net and amortization of loan fees 10 — (1,965 ) (1,955 ) Capital expenditures 76 — — 76 Three Months Ended March 31, 2014 Predecessor Transportation and Terminaling Storage Corporate Consolidated Total Revenues $ 2,182 $ — $ — $ 2,182 Depreciation and amortization expense 477 384 — 861 Income (loss) from operations (1,062 ) (2,465 ) (797 ) (4,324 ) Interest expense, net and amortization of loan fees 2 — — 2 Capital expenditures 8,011 1,435 — 9,446 Balance at March 31, 2015 Transportation and Terminaling Storage Corporate Consolidated Total Total assets $ 105,973 $ 55,059 $ 257,230 $ 418,262 Balance at December 31, 2014 Transportation and Terminaling Storage Corporate Consolidated Total Total assets $ 105,631 $ 53,038 $ 251,472 $ 410,141

CONDENSED CONSOLIDATING FINAN23

CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF LOGISTICS (Tables)	3 Months Ended
	Mar. 31, 2015
CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF LOGISTICS [Abstract]
Condensed Balance Sheet	12. CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF LOGISTICS CONDENSED CONSOLIDATING BALANCE SHEET (UNAUDITED) March 31, 2015 Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Combining and Consolidating Adjustments Total ASSETS Current assets: Cash and cash equivalents $ 20,179 $ — $ — $ — $ 20,179 Accounts receivable - affiliate — 13,950 — — 13,950 Prepaid expense and other current assets 124 179 — — 303 Due from related parties 648 45,330 — (45,978 ) — Total current assets 20,951 59,459 — (45,978 ) 34,432 Property, plant and equipment, net — 146,900 — — 146,900 Investment in subsidiaries 187,255 — — (187,255 ) — Marketable Securities 234,939 — — — 234,939 Deferred charges and other assets, net 1,991 — — — 1,991 Total assets $ 445,136 $ 206,359 $ — $ (233,233 ) $ 418,262 LIABILITIES AND EQUITY Current liabilities: Accounts Payable - affiliate 490 2,432 — — 2,922 Accounts Payable and accrued liabilities 1,318 186 — — 1,504 Due to related parties 45,330 648 — (45,978 ) — Total current liabilities 47,138 3,266 — (45,978 ) 4,426 Long-term debt 510,000 — — — 510,000 Total liabilities 557,138 3,266 — (45,978 ) 514,426 Commitments and contingencies Equity: Net investment — 203,093 — (187,255 ) 15,838 Common unitholders - Public (15,812,500 units issued and outstanding) 340,000 — — — 340,000 Common unitholders - PBF LLC (1,284,524 units issued and outstanding) (165,932 ) — — (165,932 ) Subordinated unitholders - PBF LLC (15,886,553 units issued and outstanding) (286,070 ) — — — (286,070 ) Total equity (112,002 ) 203,093 — (187,255 ) (96,164 ) Total liabilities and equity $ 445,136 $ 206,359 $ — $ (233,233 ) $ 418,262 12. CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF LOGISTICS CONDENSED CONSOLIDATING BALANCE SHEET (UNAUDITED) December 31, 2014 Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Combining and Consolidating Adjustments Total ASSETS Current assets: Cash and cash equivalents $ 14,165 $ — $ — $ — $ 14,165 Accounts receivable - affiliate — 11,630 — — 11,630 Prepaid expense and other current assets 224 173 — — 397 Due from related parties 245 24,393 — (24,638 ) — Total current assets 14,634 36,196 — (24,638 ) 26,192 Property, plant and equipment, net — 146,867 — — 146,867 Investment in subsidiaries 163,835 — — (163,835 ) — Marketable Securities 234,930 — — — 234,930 Deferred charges and other assets, net 2,152 — — — 2,152 Total assets $ 415,551 $ 183,063 $ — $ (188,473 ) $ 410,141 LIABILITIES AND EQUITY Current liabilities: Accounts Payable - affiliate 481 2,742 — — 3,223 Accounts Payable and accrued liabilities 970 528 — — 1,498 Due to related parties 24,393 245 — (24,638 ) — Total current liabilities 25,844 3,515 — (24,638 ) 4,721 Long-term debt 510,000 — — — 510,000 Total liabilities 535,844 3,515 — (24,638 ) 514,721 Commitments and contingencies Equity: Net investment — 179,548 — (163,835 ) 15,713 Common unitholders - Public (15,812,500 units issued and outstanding) 336,369 — — — 336,369 Common unitholders - PBF LLC (1,284,524 units issued and outstanding) (167,787 ) — — — (167,787 ) Subordinated unitholders - PBF LLC (15,886,553 units issued and outstanding) (288,875 ) — — — (288,875 ) Total equity (120,293 ) 179,548 — (163,835 ) (104,580 ) Total liabilities and equity $ 415,551 $ 183,063 $ — $ (188,473 ) $ 410,141
Condensed Income Statement	12. CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF LOGISTICS CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS (UNAUDITED) Three Months Ended March 31, 2015 Issuer Guarantors Subsidiaries Non-Guarantors Subsidiaries Combining and Consolidated Adjustments Total Revenues from affiliates $ — $ 32,846 $ — $ — $ 32,846 Operating costs and expenses Operating and maintenance expenses 8,434 — — 8,434 General and administrative expenses 2,953 109 — — 3,062 Depreciation and amortization expense — 1,633 — — 1,633 Total operating costs and expenses 2,953 10,176 — — 13,129 Operating income (loss) (2,953 ) 22,670 — — 19,717 Other income (expenses) Equity in earnings (loss) of subsidiaries 22,680 — — (22,680 ) — Interest expenses net and other financing costs (1,803 ) 10 — — (1,793 ) Amortization of loan fees (162 ) — — — (162 ) Other income, net $ — $ — $ — — $ — Net income (loss) $ 17,762 $ 22,680 $ — $ (22,680 ) $ 17,762 Less: Net income attributable to Predecessor — 1,053 — — 1,053 Limited partners' interest in net income attributable to the Partnership $ 17,762 $ 21,627 $ — $ (22,680 ) $ 16,709
Condensed Cash Flow Statement	12. CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF LOGISTICS CONDENSED CONSOLIDATING STATEMENT OF CASH FLOW (UNAUDITED) Three Months Ended March 31, 2015 Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Combining and Consolidating Adjustments Total Cash flows from operating activities: Net income (loss) $ 17,762 $ 22,680 $ — $ (22,680 ) $ 17,762 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization — 1,633 — — 1,633 Amortization of deferred financing fees 162 — — — 162 Unit-based compensation expense 930 — — — 930 Equity in earnings (22,680 ) — — 22,680 — Changes in current assets and current liabilities: Accounts receivable- affiliates — (2,320 ) — — (2,320 ) Prepaid expenses and other current assets 100 (6 ) — — 94 Accounts payable- affiliates 9 (310 ) — — (301 ) Accounts payable and accrued liabilities 257 (303 ) — — (46 ) Amounts due to/from related parties 20,534 (20,534 ) — — — Other assets and liabilities (15 ) — — — (15 ) Net cash provided by (used in) operating activities 17,059 840 — — 17,899 Cash flows from investing activities: Expenditures for property, plant and equipment — (76 ) — — (76 ) Purchase of marketable securities (689,693 ) — — — (689,693 ) Maturities of marketable securities 689,697 — — — 689,697 Investment in subsidiaries (164 ) 164 — — — Net cash provided by (used in) investing activities (160 ) 88 — — (72 ) Cash flows from financing activities: Parent contributions — (928 ) — — (928 ) Distributions to unitholders (10,885 ) — — — (10,885 ) Net cash provided by (used in) financing activities (10,885 ) (928 ) — — (11,813 ) Net increase in cash and cash equivalents 6,014 — — — 6,014 Cash and equivalents, beginning of period 14,165 — — — 14,165 Cash and equivalents, end of period $ 20,179 $ — $ — $ — $ 20,179

DESCRIPTION OF BUSINESS AND B24

DESCRIPTION OF BUSINESS AND BASIS OF PRESENTATION (Details)	May. 14, 2015bbl / dmi	Sep. 16, 2014bbl / d	May. 14, 2014shares	May. 31, 2014LACT	Mar. 31, 2015refineryshares	Dec. 31, 2013LACT
PBF Energy Inc. [Member] | PBF LLC [Member]
Equity Method Investment, Ownership Percentage					94.30%
PBF Holding Company LLC [Member]
Number Of Refineries | refinery					3
Toledo Truck Unloading Terminal [Member]
Number Of Lease Automatic Custody Transfer Unit | LACT						1
Number Of Lease Automatic Custody Transfer Units, Additions | LACT				2
Delaware City West Heavy Crude Unloading Rack [Member]
Oil And Gas Plant, Unloading Capacity		40,000
Delaware City Truck Rack [Member]
Oil And Gas Plant, Unloading Capacity	76,000
Number Of Unloading Lanes	15
Delaware City Products Pipeline [Member]
Oil and Gas, Pipeline miles | mi	23.4
Oil and Gas, Pipeline Diameter	16
Oil And Gas Plant, Pipeline Capacity	125,000
Common Units [Member]
Partners' Capital Account, Units, Sold in Public Offering | shares					15,812,500
IPO [Member] | Common Units [Member]
Partners' Capital Account, Units, Sold in Public Offering | shares			15,812,500
Over-Allotment Option [Member] | Common Units [Member]
Partners' Capital Account, Units, Sold in Public Offering | shares			2,062,500
PBF LLC [Member] | Limited Partner, Affiliate [Member]
Limited Partners' Capital Account, Ownership Percentage					52.10%
Subsequent Event [Member] | Delaware City Truck Rack [Member]
Oil And Gas Plant, Unloading Capacity	76,000
Number Of Unloading Lanes	15
Subsequent Event [Member] | Delaware City Products Pipeline [Member]
Oil and Gas, Pipeline miles | mi	23.4
Oil and Gas, Pipeline Diameter	16
Oil And Gas Plant, Pipeline Capacity	125,000

ACQUISITIONS - BALANCE SHEET 3-

ACQUISITIONS - BALANCE SHEET 3-31-15 (Details) - USD ($) $ in Thousands	Mar. 31, 2015	Dec. 31, 2014
Cash and cash equivalents	$ 20,179	$ 14,165
Due from Affiliates	13,950	11,630
Prepaid expenses and other current assets	303	397
Total current assets	34,432	26,192
Property, plant and equipment, net	146,900	146,867
Marketable securities	234,939	234,930
Other assets, net	1,991	2,152
Total assets	418,262	410,141
Accounts payable and accrued liabilities	1,504	1,498
Due to Affiliate	2,922	3,223
Total current liabilities	4,426	4,721
Long-term debt	510,000	510,000
Other long-term liabilities	0	0
Total liabilities	514,426	514,721
Net investment - Predecessor	15,838	15,713
Partners' Capital	(96,164)	(104,580)
Liabilities and Equity	418,262	410,141
PBF Logistics LP [Member]
Cash and cash equivalents	20,179	14,165
Due from Affiliates	13,950	11,630
Prepaid expenses and other current assets	240	295
Total current assets	34,369	26,090
Property, plant and equipment, net	130,978	130,779
Marketable securities	234,939	234,930
Other assets, net	1,991	2,152
Total assets	402,277	393,951
Accounts payable and accrued liabilities	1,357	1,021
Due to Affiliate	2,922	3,223
Total current liabilities	4,279	4,244
Long-term debt	510,000	510,000
Other long-term liabilities	0	0
Total liabilities	514,279	514,244
Partners' Capital	(112,002)	(120,293)
Liabilities and Equity	402,277	393,951
Delaware City Products Pipeline and Truck Rack [Member]
Cash and cash equivalents	0	0
Due from Affiliates	0	0
Prepaid expenses and other current assets	63	102
Total current assets	63	102
Property, plant and equipment, net	15,922	16,088
Marketable securities	0	0
Other assets, net	0	0
Total assets	15,985	16,190
Accounts payable and accrued liabilities	147	477
Due to Affiliate	0	0
Total current liabilities	147	477
Long-term debt	0	0
Other long-term liabilities	0	0
Total liabilities	147	477
Net investment - Predecessor	15,838	15,713
Partners' Capital	15,838	15,713
Liabilities and Equity	15,985	16,190
Subordinated Units [Member]
Partners' Capital	(286,070)	(288,875)
Subordinated Units [Member] | PBF LLC [Member]
Partners' Capital	(286,070)	(288,875)
Limited Partner, Public [Member] | Common Units [Member]
Partners' Capital	340,000	336,369
Limited Partner, Public [Member] | Common Units [Member] | PBF LLC [Member]
Partners' Capital	340,000	336,369
Limited Partner, Affiliate [Member] | Common Units [Member]
Partners' Capital	(165,932)	(167,787)
Limited Partner, Affiliate [Member] | Common Units [Member] | PBF LLC [Member]
Partners' Capital	(165,932)	(167,787)
Limited Partner, Affiliate [Member] | Subordinated Units [Member] | PBF LLC [Member]
Partners' Capital	$ (286,070)	$ (288,875)

ACQUISITIONS - BALANCE SHEET 12

ACQUISITIONS - BALANCE SHEET 12-31-14 (Details) - USD ($) $ in Thousands	Mar. 31, 2015	Dec. 31, 2014
Cash and cash equivalents	$ 20,179	$ 14,165
Due from Affiliates	13,950	11,630
Prepaid expenses and other current assets	303	397
Total current assets	34,432	26,192
Property, plant and equipment, net	146,900	146,867
Marketable securities	234,939	234,930
Other assets, net	1,991	2,152
Total assets	418,262	410,141
Accounts payable - affiliates	0	0
Accounts payable and accrued liabilities	1,504	1,498
Due to Affiliate	2,922	3,223
Total current liabilities	4,426	4,721
Long-term debt	510,000	510,000
Other long-term liabilities	0	0
Total liabilities	514,426	514,721
Net investment - Predecessor	15,838	15,713
Partners' Capital	(96,164)	(104,580)
Liabilities and Equity	418,262	410,141
PBF Logistics LP [Member]
Cash and cash equivalents	20,179	14,165
Due from Affiliates	13,950	11,630
Prepaid expenses and other current assets	240	295
Total current assets	34,369	26,090
Property, plant and equipment, net	130,978	130,779
Marketable securities	234,939	234,930
Other assets, net	1,991	2,152
Total assets	402,277	393,951
Accounts payable and accrued liabilities	1,357	1,021
Due to Affiliate	2,922	3,223
Total current liabilities	4,279	4,244
Long-term debt	510,000	510,000
Other long-term liabilities	0	0
Total liabilities	514,279	514,244
Partners' Capital	(112,002)	(120,293)
Liabilities and Equity	402,277	393,951
Delaware City Products Pipeline and Truck Rack [Member]
Cash and cash equivalents	0	0
Due from Affiliates	0	0
Prepaid expenses and other current assets	63	102
Total current assets	63	102
Property, plant and equipment, net	15,922	16,088
Marketable securities	0	0
Other assets, net	0	0
Total assets	15,985	16,190
Accounts payable and accrued liabilities	147	477
Due to Affiliate	0	0
Total current liabilities	147	477
Long-term debt	0	0
Other long-term liabilities	0	0
Total liabilities	147	477
Net investment - Predecessor	15,838	15,713
Partners' Capital	15,838	15,713
Liabilities and Equity	15,985	16,190
Subordinated Units [Member]
Partners' Capital	(286,070)	(288,875)
Subordinated Units [Member] | PBF LLC [Member]
Partners' Capital	(286,070)	(288,875)
Limited Partner, Public [Member] | Common Units [Member]
Partners' Capital	340,000	336,369
Limited Partner, Public [Member] | Common Units [Member] | PBF LLC [Member]
Partners' Capital	340,000	336,369
Limited Partner, Affiliate [Member] | Common Units [Member]
Partners' Capital	(165,932)	(167,787)
Limited Partner, Affiliate [Member] | Common Units [Member] | PBF LLC [Member]
Partners' Capital	(165,932)	(167,787)
Limited Partner, Affiliate [Member] | Subordinated Units [Member] | PBF LLC [Member]
Partners' Capital	$ (286,070)	$ (288,875)

ACQUISITIONS - Delaware City Pr

ACQUISITIONS - Delaware City Products Pipeline (Details)	May. 14, 2015bbl / dmi	May. 05, 2015USD ($)shares	Sep. 16, 2014bbl / d	Mar. 31, 2015USD ($)	May. 15, 2015USD ($)	May. 12, 2015
Maturities of marketable securities				$ 689,697,000
Delaware City West Heavy Crude Unloading Rack [Member]
Oil And Gas Plant, Unloading Capacity | bbl / d			40,000
Delaware City Products Pipeline [Member]
Oil and Gas, Pipeline miles | mi	23.4
Oil and Gas, Pipeline Diameter	16
Oil And Gas Plant, Pipeline Capacity | bbl / d	125,000
Delaware City Truck Rack [Member]
Oil And Gas Plant, Unloading Capacity | bbl / d	76,000
Number Of Unloading Lanes	15
Subsequent Event [Member]
Repayments of Secured Debt		$ 700,000
Business Acquisition, Transaction Costs					$ 530,000
Subsequent Event [Member] | Delaware City Products Pipeline [Member]
Oil and Gas, Pipeline miles | mi	23.4
Oil and Gas, Pipeline Diameter	16
Oil And Gas Plant, Pipeline Capacity | bbl / d	125,000
Subsequent Event [Member] | Delaware City Truck Rack [Member]
Oil And Gas Plant, Unloading Capacity | bbl / d	76,000
Number Of Unloading Lanes	15
Subsequent Event [Member] | Senior Secured Notes Issued in 2015 [Member]
Debt Instrument, Interest Rate, Stated Percentage		6.875%				6.875%
Subsequent Event [Member] | Delaware City Products Pipeline and Truck Rack [Member]
Maturities of marketable securities		$ 700,000
Subsequent Event [Member] | PBF LLC [Member] | Delaware City Products Pipeline and Truck Rack [Member]
Business Combination, Consideration Transferred		143,000,000
Payments to Acquire Businesses, Gross		112,500,000
Business Acquisition, Equity Interest Issued or Issuable, Value Assigned		30,500,000
Proceeds from Lines of Credit		23,800,000
Subsequent Event [Member] | PBF LLC [Member] | Delaware City Products Pipeline and Truck Rack [Member] | Senior Secured Notes Issued in 2015 [Member]
Payments to Acquire Businesses, Gross		$ 88,000,000
Subsequent Event [Member] | Limited Partner [Member] | Common Units [Member] | PBF LLC [Member] | Delaware City Products Pipeline and Truck Rack [Member]
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares | shares		1,288,420
Subsequent Event [Member] | Term Loan [Member]
Proceeds from Lines of Credit		$ 700,000

ACQUISITIONS - INCOME STATEMENT

ACQUISITIONS - INCOME STATEMENT 3-31-15 (Details) - Scenario, Unspecified [Domain] - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Revenue from affiliates	$ 32,846	$ 2,182
Operating and maintenance expenses	8,434	4,848
General and administrative expenses	3,062	797
Depreciation and amortization	1,633	861
Total costs and expenses	13,129	6,506
Income from operations	19,717	(4,324)
Interest expense, net and other financing costs	(1,793)	2
Amortization of loan fees	(162)	0
Net Income	17,762	(4,322)
Less: Net loss attributable to Predecessor	1,053	(4,322)
Limited partners' interest in net income attributable to the Partnership	16,709	0
PBF Logistics LP [Member]
Revenue from affiliates	30,565	0
Operating and maintenance expenses	7,481	1,536
General and administrative expenses	2,963	633
Depreciation and amortization	1,447	291
Total costs and expenses	11,891	2,460
Income from operations	18,674	(2,460)
Interest expense, net and other financing costs	(1,803)	0
Amortization of loan fees	(162)	0
Net Income	16,709	(2,460)
Less: Net loss attributable to Predecessor	0	(2,460)
Limited partners' interest in net income attributable to the Partnership	16,709	0
Delaware City Products Pipeline and Truck Rack [Member]
Revenue from affiliates	2,281	2,182
Operating and maintenance expenses	953	842
General and administrative expenses	99	104
Depreciation and amortization	186	185
Total costs and expenses	1,238	1,131
Income from operations	1,043	1,051
Interest expense, net and other financing costs	10	2
Amortization of loan fees		0
Net Income	1,053	1,053
Less: Net loss attributable to Predecessor	1,053	1,053
Limited partners' interest in net income attributable to the Partnership	$ 0	$ 0

ACQUISITIONS - INCOME STATEME29

ACQUISITIONS - INCOME STATEMENT 3-31-14 (Details) - Scenario, Unspecified [Domain] - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Revenue from affiliates	$ 32,846	$ 2,182
Operating and maintenance expenses	8,434	4,848
General and administrative expenses	3,062	797
Depreciation and amortization	1,633	861
Total costs and expenses	13,129	6,506
Income from operations	19,717	(4,324)
Interest expense, net and other financing costs	(1,793)	2
Amortization of deferred financing fees	162	0
Net Income	17,762	(4,322)
Less: Net (loss) income attributable to Predecessor	(1,053)	4,322
Limited partners' interest in net income attributable to the Partnership	16,709	0
Delaware City Products Pipeline and Truck Rack [Member]
Revenue from affiliates	2,281	2,182
Operating and maintenance expenses	953	842
General and administrative expenses	99	104
Depreciation and amortization	186	185
Total costs and expenses	1,238	1,131
Income from operations	1,043	1,051
Interest expense, net and other financing costs	10	2
Amortization of deferred financing fees		0
Net Income	1,053	1,053
Less: Net (loss) income attributable to Predecessor	(1,053)	(1,053)
Limited partners' interest in net income attributable to the Partnership	0	0
PBF Logistics LP [Member]
Revenue from affiliates	30,565	0
Operating and maintenance expenses	7,481	1,536
General and administrative expenses	2,963	633
Depreciation and amortization	1,447	291
Total costs and expenses	11,891	2,460
Income from operations	18,674	(2,460)
Interest expense, net and other financing costs	(1,803)	0
Amortization of deferred financing fees	162	0
Net Income	16,709	(2,460)
Less: Net (loss) income attributable to Predecessor	0	2,460
Limited partners' interest in net income attributable to the Partnership	$ 16,709	0
DCR West Rack Predecessor [Member]
Revenue from affiliates		0
Operating and maintenance expenses		0
General and administrative expenses		30
Depreciation and amortization		0
Total costs and expenses		30
Income from operations		(30)
Interest expense, net and other financing costs		0
Amortization of deferred financing fees		0
Net Income		(30)
Less: Net (loss) income attributable to Predecessor		30
Limited partners' interest in net income attributable to the Partnership		0
Toledo Storage Facility [Member]
Revenue from affiliates		0
Operating and maintenance expenses		2,470
General and administrative expenses		30
Depreciation and amortization		385
Total costs and expenses		2,885
Income from operations		(2,885)
Interest expense, net and other financing costs		0
Amortization of deferred financing fees		0
Net Income		(2,885)
Less: Net (loss) income attributable to Predecessor		2,885
Limited partners' interest in net income attributable to the Partnership		$ 0

PROPERTY, PLANT AND EQUIPMENT30

PROPERTY, PLANT AND EQUIPMENT, NET (Details) - USD ($) $ in Thousands	Mar. 31, 2015	Dec. 31, 2014
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 159,049	$ 157,383
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	(12,149)	(10,516)
Property, plant and equipment, net	146,900	146,867
Land [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	2,329	2,329
Buildings And Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	81,907	81,826
Storage Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	55,232	55,006
Pipelines [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	17,250	17,250
Construction in Progress [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 2,331	$ 972

DEBT (Details)

DEBT (Details) $ in Thousands	May. 14, 2014USD ($)renewal	Mar. 31, 2015USD ($)	Dec. 31, 2014USD ($)
Debt Instrument [Line Items]
Long-term debt		$ 510,000	$ 510,000
Wells Fargo Bank [Member] | Term Loan [Member]
Debt Instrument [Line Items]
Debt Instrument, Term	3 years
Debt Instrument, Face Amount	$ 300,000
Wells Fargo Bank [Member] | Term Loan [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	0.25%
Revolving Credit Facility [Member] | Line of Credit [Member]
Debt Instrument [Line Items]
Long-term debt		275,100
Revolving Credit Facility [Member] | Wells Fargo Bank [Member] | Line of Credit [Member]
Debt Instrument [Line Items]
Debt Instrument, Term	5 years
Line of Credit Facility, Maximum Borrowing Capacity	$ 275,000		$ 325,000
Debt Instrument, Renewal Term	1 year
Line of Credit Facility, Available Increase In Borrowing Capacity	$ 275,000
Line of Credit Facility, Maximum Including Higher Borrowing Capacity Option	$ 600,000
Debt Instrument, Number Of Renewals | renewal	2
Standby Letters of Credit [Member] | Wells Fargo Bank [Member] | Line of Credit [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	$ 25,000
Term Loan [Member] | Line of Credit [Member]
Debt Instrument [Line Items]
Long-term debt		$ 234,900
Minimum [Member] | Revolving Credit Facility [Member] | Wells Fargo Bank [Member] | Line of Credit [Member] | Base Rate [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	0.75%
Minimum [Member] | Revolving Credit Facility [Member] | Wells Fargo Bank [Member] | Line of Credit [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	1.75%
Maximum [Member] | Revolving Credit Facility [Member] | Wells Fargo Bank [Member] | Line of Credit [Member] | Base Rate [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	1.75%
Maximum [Member] | Revolving Credit Facility [Member] | Wells Fargo Bank [Member] | Line of Credit [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	2.75%

EQUITY (Details)

EQUITY (Details) - USD ($)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014
Net investment - Predecessor	$ 15,838,000		$ 15,713,000
Partners' Capital	(96,164,000)		(104,580,000)
Partners' Capital Account, Distributions	(10,976,000)
Net Income	17,762,000	$ (4,322,000)
Distribution Made to Limited Partner, Cash Distributions Declared	11,670,000
Distribution Made to Limited Partner, Cash Distributions Paid	$ 10,885
Distribution Made to Limited Partner, Distributions Paid, Per Unit	$ 0.33
Stockholders' Equity, Capital Contributions	$ 700,000
Partners' Capital Account, Unit-based Compensation	930,000
Incentive Distribution Rights - PBF LLC [Member]
Distribution Made to Limited Partner, Cash Distributions Declared	$ 29,000
Common Units [Member]
Partners' Capital Account, Units, Sold in Public Offering	15,812,500
Subordinated Units [Member]
Partners' Capital	$ (286,070,000)		(288,875,000)
Net Investment [Member]
Net investment - Predecessor	15,838,000		15,713,000
Partners' Capital Account, Distributions	0
Net Income	1,053,000
Stockholders' Equity, Capital Contributions	(928,000)
Partners' Capital Account, Unit-based Compensation	0
Limited Partner Common Units, Public [Member]
Distribution Made to Limited Partner, Cash Distributions Declared	5,631,000
Limited Partner Common Units, PBF LLC [Member]
Distribution Made to Limited Partner, Cash Distributions Declared	450,000
Limited Partner, Subordinated Units [Member]
Distribution Made to Limited Partner, Cash Distributions Declared	5,560,000
Limited Partner, Affiliate [Member] | Common Units [Member]
Partners' Capital	$ (165,932,000)		(167,787,000)
Limited Partner, Public [Member]
Limited Partners' Capital Account, Ownership Percentage	47.90%
Limited Partner, Public [Member] | Common Units [Member]
Partners' Capital	$ 340,000,000		336,369,000
Partners' Capital Account, Distributions	(5,309,000)
Net Income	8,010,000
Stockholders' Equity, Capital Contributions	0
Partners' Capital Account, Unit-based Compensation	930,000
PBF LLC [Member] | Subordinated Units [Member]
Partners' Capital	(286,070,000)		(288,875,000)
PBF LLC [Member] | Limited Partner, Affiliate [Member] | Common Units [Member]
Partners' Capital	(165,932,000)		(167,787,000)
Partners' Capital Account, Distributions	(424,000)
Net Income	$ 651,000
Partners' Capital Account, Units	1,284,524
Stockholders' Equity, Capital Contributions	$ 1,628,000
Partners' Capital Account, Unit-based Compensation	0
PBF LLC [Member] | Limited Partner, Affiliate [Member] | Subordinated Units [Member]
Partners' Capital	(286,070,000)		(288,875,000)
Partners' Capital Account, Distributions	(5,243,000)
Net Income	$ 8,048,000
Partners' Capital Account, Units	15,886,553
Stockholders' Equity, Capital Contributions	$ 0
Partners' Capital Account, Unit-based Compensation	0
PBF LLC [Member] | Limited Partner, Public [Member] | Common Units [Member]
Partners' Capital	340,000,000		$ 336,369,000
Cash Distribution [Member]
Distribution Made to Limited Partner, Cash Distributions Declared	$ 11,574,000
PBF LLC [Member] | Limited Partner, Affiliate [Member]
Limited Partners' Capital Account, Ownership Percentage	52.10%

UNIT-BASED COMPENSATION (Detail

UNIT-BASED COMPENSATION (Details) - USD ($) $ in Thousands	2 Months Ended	3 Months Ended
	Jun. 30, 2014	Mar. 31, 2015
Unit-based compensation expense		$ 930
Share-based Compensation Arrangement by Share-based Payment Award Accelerated Compensation Cost		$ 510
Phantom Share Units (PSUs) [Member] | Long-Term Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	4 years

NET INCOME PER UNIT (Details)

NET INCOME PER UNIT (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014
Net Income	$ 17,762	$ (4,322)
Distribution Made to Limited Partner, Cash Distributions Declared	11,670
Undistributed Earnings, Basic	6,092
Net income (loss)	17,762
Common Units [Member] | Delaware City West Heavy Crude Unloading Rack [Member] | PBF LLC [Member] | Limited Partner [Member]
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares			1,210,471
Incentive Distribution Rights - PBF LLC [Member]
Distribution Made to Limited Partner, Cash Distributions Declared	29
Undistributed Earnings, Basic	1,024
Net income (loss)	1,053
Limited Partner Common Units, Public [Member]
Distribution Made to Limited Partner, Cash Distributions Declared	5,631
Undistributed Earnings, Basic	2,379
Net income (loss)	$ 8,010
Weighted Average Number of Shares Outstanding, Basic	15,812,500
Weighted Average Number of Shares Outstanding, Diluted	15,832,737
Earnings Per Share, Basic	$ 0.51
Earnings Per Share, Diluted	$ 0.51
Limited Partner Common Units, PBF LLC [Member]
Distribution Made to Limited Partner, Cash Distributions Declared	$ 450
Undistributed Earnings, Basic	201
Net income (loss)	$ 651
Weighted Average Number of Shares Outstanding, Basic	1,284,524
Weighted Average Number of Shares Outstanding, Diluted	1,284,524
Earnings Per Share, Basic	$ 0.51
Earnings Per Share, Diluted	$ 0.51
Limited Partner, Subordinated Units [Member]
Distribution Made to Limited Partner, Cash Distributions Declared	$ 5,560
Undistributed Earnings, Basic	2,488
Net income (loss)	$ 8,048
Weighted Average Number of Shares Outstanding, Basic	15,886,553
Weighted Average Number of Shares Outstanding, Diluted	15,886,553
Earnings Per Share, Basic	$ 0.51
Earnings Per Share, Diluted	$ 0.51
Phantom Share Units (PSUs) [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	0

COMMITMENT AND CONTINGENCIES (D

COMMITMENT AND CONTINGENCIES (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2015USD ($)	Jun. 14, 2014claim
Pending Litigation [Member] | Delaware Coastal Zone Act [Member]
Loss Contingency, Pending Claims, Number | claim		2
PBF Energy and Valero [Member] | DCR Assets [Member] | Environmental Issue [Member]
Site Contingency, Loss Exposure Not Accrued, High Estimate	$ 20,000
Environmental Insurance Policies, Term of Policies	10 years
Valero [Member] | DCR Assets [Member] | Environmental Issue [Member]
Site Contingency, Loss Exposure Not Accrued, High Estimate	$ 75,000

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details) $ in Thousands	May. 14, 2015bbl / d	Mar. 31, 2015USD ($)	Mar. 31, 2014USD ($)	Dec. 31, 2014renewal	May. 15, 2015$ / bbl
Related Party Transaction [Line Items]
Revenue from affiliates | $		$ 32,846	$ 2,182
Number of Contract Renewals | renewal				2
Term of Renewal				5 years
PBF LLC [Member] | Omnibus Agreement [Member]
Related Party Transaction [Line Items]
Related Party Transaction, Annual Fee | $		$ 2,225
Minimum [Member]
Related Party Transaction [Line Items]
Term of Agreement				7 years
Maximum [Member]
Related Party Transaction [Line Items]
Term of Agreement				10 years
Delaware City Rail Unloading Terminal [Member]
Related Party Transaction [Line Items]
Term of Agreement				7 years
Toledo Truck Unloading Terminal [Member]
Related Party Transaction [Line Items]
Term of Agreement				7 years
Delaware City West Heavy Crude Unloading Rack [Member]
Related Party Transaction [Line Items]
Term of Agreement				7 years
Toledo Storage Facility [Member]
Related Party Transaction [Line Items]
Term of Agreement				10 years
Subsequent Event [Member] | Delaware City Truck Rack [Member] | Refined Clean Product [Member] | PBF Holding Company LLC [Member] | Delaware City Terminaling Services Agreement [Member]
Related Party Transaction [Line Items]
Oil And Gas Plant, Collaborative Agreement, Minimum Throughput Capacity	30,000
Oil And Gas Plant, Terminaling Services Fee, Base Commitment | $ / bbl					0.462
Subsequent Event [Member] | Delaware City Truck Rack [Member] | LPGs [Member] | PBF Holding Company LLC [Member] | Delaware City Terminaling Services Agreement [Member]
Related Party Transaction [Line Items]
Oil And Gas Plant, Collaborative Agreement, Minimum Throughput Capacity	5,000
Oil And Gas Plant, Terminaling Services Fee, Base Commitment | $ / bbl					2.52
Subsequent Event [Member] | Delaware City Products Pipeline [Member] | PBF Holding Company LLC [Member] | Delaware City Pipeline Services Agreement [Member]
Related Party Transaction [Line Items]
Oil And Gas Plant, Collaborative Agreement, Minimum Throughput Capacity	50,000
Oil And Gas Plant, Terminaling Services Fee, Base Commitment | $ / bbl					0.5266

SEGMENT INFORMATION (Details)

SEGMENT INFORMATION (Details) bbl in Millions	May. 14, 2015bbl / dmi	Sep. 16, 2014bbl / d	Mar. 31, 2015bbl / dbbl	Dec. 31, 2014segmenttank
Segment Reporting Information [Line Items]
Number of Reportable Segments | segment				2
Propane Truck Loading Facility [Member] | Terminaling Segment [Member]
Segment Reporting Information [Line Items]
Oil And Gas Plant, Unloading Capacity			11,000
Delaware City Rail Unloading Terminal [Member] | Terminaling Segment [Member]
Segment Reporting Information [Line Items]
Oil And Gas Plant, Unloading Capacity			130,000
Delaware City Products Pipeline [Member]
Segment Reporting Information [Line Items]
Oil and Gas, Pipeline miles | mi	23.4
Oil and Gas, Pipeline Diameter	16
Oil And Gas Plant, Pipeline Capacity	125,000
Delaware City Truck Rack [Member]
Segment Reporting Information [Line Items]
Oil And Gas Plant, Unloading Capacity	76,000
Number Of Unloading Lanes	15
Toledo Tank Farm [Member] | Storage Segment [Member]
Segment Reporting Information [Line Items]
Number of Storage Tanks | tank				30
Oil And Gas Plant, Maximum Storage Capacity | bbl			0
Oil And Gas Plant, Maximum Throughput Capacity, Crude Oil | bbl			0
Oil And Gas Plant, Maximum Throughput Capacity, Refined Product and Intermediates | bbl			0
Delaware City West Heavy Crude Unloading Rack [Member]
Segment Reporting Information [Line Items]
Oil And Gas Plant, Unloading Capacity		40,000
Delaware City West Heavy Crude Unloading Rack [Member] | Terminaling Segment [Member]
Segment Reporting Information [Line Items]
Oil And Gas Plant, Unloading Capacity			40,000
Toledo Truck Unloading Terminal [Member] | Terminaling Segment [Member]
Segment Reporting Information [Line Items]
Oil And Gas Plant, Maximum Throughput Capacity			22,500
Subsequent Event [Member] | Delaware City Products Pipeline [Member]
Segment Reporting Information [Line Items]
Oil and Gas, Pipeline miles | mi	23.4
Oil and Gas, Pipeline Diameter	16
Oil And Gas Plant, Pipeline Capacity	125,000
Subsequent Event [Member] | Delaware City Products Pipeline [Member] | Terminaling Segment [Member]
Segment Reporting Information [Line Items]
Oil and Gas, Pipeline miles | mi	23.4
Oil and Gas, Pipeline Diameter	16
Oil And Gas Plant, Pipeline Capacity	125,000
Subsequent Event [Member] | Delaware City Truck Rack [Member]
Segment Reporting Information [Line Items]
Oil And Gas Plant, Unloading Capacity	76,000
Number Of Unloading Lanes	15
Subsequent Event [Member] | Delaware City Truck Rack [Member] | Terminaling Segment [Member]
Segment Reporting Information [Line Items]
Oil And Gas Plant, Unloading Capacity	76,000
Number Of Unloading Lanes	15

SEGMENT INFORMATION TABLES (Det

SEGMENT INFORMATION TABLES (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014
Segment Reporting Information [Line Items]
Total assets	$ 418,262		$ 410,141
Revenue from affiliates	32,846	$ 2,182
Depreciation and amortization	1,633	861
Income from operations	19,717	(4,324)
Interest Revenue (Expense), Net	(1,955)	2
Payments to Acquire Property, Plant, and Equipment	76	9,446
Terminaling Segment [Member]
Segment Reporting Information [Line Items]
Total assets	105,973		105,631
Revenue from affiliates	27,320	2,182
Depreciation and amortization	991	477
Income from operations	19,802	(1,062)
Interest Revenue (Expense), Net	10	2
Payments to Acquire Property, Plant, and Equipment	76	8,011
Storage Segment [Member]
Segment Reporting Information [Line Items]
Total assets	55,059		53,038
Revenue from affiliates	5,526	0
Depreciation and amortization	642	384
Income from operations	2,977	(2,465)
Interest Revenue (Expense), Net	0	0
Payments to Acquire Property, Plant, and Equipment	0	1,435
Corporate, Non-Segment [Member]
Segment Reporting Information [Line Items]
Total assets	257,230		$ 251,472
Revenue from affiliates	0	0
Depreciation and amortization	0	0
Income from operations	(3,062)	(797)
Interest Revenue (Expense), Net	(1,965)	0
Payments to Acquire Property, Plant, and Equipment	$ 0	$ 0

SUBSEQUENT EVENTS (Details)

SUBSEQUENT EVENTS (Details) - USD ($) $ / shares in Units, $ in Thousands	May. 12, 2015	May. 05, 2015	Apr. 30, 2015	Mar. 31, 2015
Subsequent Event [Line Items]
Distribution Made to Limited Partner, Cash Distributions Declared				$ 11,670
Subsequent Event [Member]
Subsequent Event [Line Items]
Repayments of Lines of Credit	$ 255,000
Distribution Made to Limited Partner, Cash Distributions Declared			$ 11,670
Distribution Made to Limited Partner, Distributions Declared, Per Unit			$ 0.35
Proceeds from Issuance of Secured Debt	343,000
Senior Secured Notes Issued in 2015 [Member] | Subsequent Event [Member]
Subsequent Event [Line Items]
Debt Instrument, Face Amount	$ 350,000
Debt Instrument, Interest Rate, Stated Percentage	6.875%	6.875%
Initial Purchasers [Member] | Senior Secured Notes Issued in 2015 [Member] | Subsequent Event [Member]
Subsequent Event [Line Items]
Debt Instrument, Face Amount	$ 330,090
Delaware City Products Pipeline and Truck Rack [Member] | PBF LLC [Member] | Subsequent Event [Member]
Subsequent Event [Line Items]
Payments to Acquire Businesses, Gross		$ 112,500
Delaware City Products Pipeline and Truck Rack [Member] | PBF LLC [Member] | Senior Secured Notes Issued in 2015 [Member] | Subsequent Event [Member]
Subsequent Event [Line Items]
Payments to Acquire Businesses, Gross		$ 88,000
Management [Member] | Senior Secured Notes Issued in 2015 [Member] | Subsequent Event [Member]
Subsequent Event [Line Items]
Debt Instrument, Face Amount	$ 19,910

CONDENSED CONSOLIDATING FINAN40

CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF LOGISTICS BALANCE SHEETS (Details) - Scenario, Unspecified [Domain] - USD ($) $ in Thousands	Mar. 31, 2015	Dec. 31, 2014
Cash and cash equivalents	$ 20,179	$ 14,165
Due from Affiliates	13,950	11,630
Prepaid expenses and other current assets	303	397
Due from Related Parties, Current	0	0
Total current assets	34,432	26,192
Property, plant and equipment, net	146,900	146,867
Investments in and Advances to Affiliates, Amount of Equity	0	0
Marketable securities	234,939	234,930
Other assets, net	1,991	2,152
Total assets	418,262	410,141
Due to Affiliate	2,922	3,223
Accounts payable and accrued liabilities	1,504	1,498
Accounts payable - affiliates	0	0
Total current liabilities	4,426	4,721
Long-term debt	510,000	510,000
Total liabilities	514,426	514,721
Net investment - Predecessor	15,838	15,713
Partners' Capital	(96,164)	(104,580)
Liabilities and Equity	418,262	410,141
Consolidation, Eliminations [Member]
Cash and cash equivalents	0	0
Due from Affiliates	0	0
Prepaid expenses and other current assets	0	0
Due from Related Parties, Current	(45,978)	(24,638)
Total current assets	(45,978)	(24,638)
Property, plant and equipment, net	0	0
Investments in and Advances to Affiliates, Amount of Equity	(187,255)	(163,835)
Marketable securities	0	0
Other assets, net	0	0
Total assets	(233,233)	(188,473)
Due to Affiliate	0	0
Accounts payable and accrued liabilities	0	0
Accounts payable - affiliates	(45,978)	(24,638)
Total current liabilities	(45,978)	(24,638)
Long-term debt	0	0
Total liabilities	(45,978)	(24,638)
Net investment - Predecessor	(187,255)	(163,835)
Partners' Capital	(187,255)	(163,835)
Liabilities and Equity	(233,233)	(188,473)
Non-Guarantor Subsidiaries [Member]
Cash and cash equivalents	0	0
Due from Affiliates	0	0
Prepaid expenses and other current assets	0	0
Due from Related Parties, Current	0	0
Total current assets	0	0
Property, plant and equipment, net	0	0
Investments in and Advances to Affiliates, Amount of Equity	0	0
Marketable securities	0	0
Other assets, net	0	0
Total assets	0	0
Due to Affiliate	0	0
Accounts payable and accrued liabilities	0	0
Accounts payable - affiliates	0	0
Total current liabilities	0	0
Long-term debt	0	0
Total liabilities	0	0
Net investment - Predecessor	0	0
Partners' Capital	0	0
Liabilities and Equity	0	0
Guarantor Subsidiaries [Member]
Cash and cash equivalents	0	0
Due from Affiliates	13,950	11,630
Prepaid expenses and other current assets	179	173
Due from Related Parties, Current	45,330	24,393
Total current assets	59,459	36,196
Property, plant and equipment, net	146,900	146,867
Investments in and Advances to Affiliates, Amount of Equity	0	0
Marketable securities	0	0
Other assets, net	0	0
Total assets	206,359	183,063
Due to Affiliate	2,432	2,742
Accounts payable and accrued liabilities	186	528
Accounts payable - affiliates	648	245
Total current liabilities	3,266	3,515
Long-term debt	0	0
Total liabilities	3,266	3,515
Net investment - Predecessor	203,093	179,548
Partners' Capital	203,093	179,548
Liabilities and Equity	206,359	183,063
Subsidiary Issuer [Member]
Cash and cash equivalents	20,179	14,165
Due from Affiliates	0	0
Prepaid expenses and other current assets	124	224
Due from Related Parties, Current	648	245
Total current assets	20,951	14,634
Property, plant and equipment, net	0	0
Investments in and Advances to Affiliates, Amount of Equity	187,255	163,835
Marketable securities	234,939	234,930
Other assets, net	1,991	2,152
Total assets	445,136	415,551
Due to Affiliate	490	481
Accounts payable and accrued liabilities	1,318	970
Accounts payable - affiliates	45,330	24,393
Total current liabilities	47,138	25,844
Long-term debt	510,000	510,000
Total liabilities	557,138	535,844
Net investment - Predecessor	0	0
Partners' Capital	(112,002)	(120,293)
Liabilities and Equity	445,136	415,551
Subordinated Units [Member]
Partners' Capital	(286,070)	(288,875)
Subordinated Units [Member] | Consolidation, Eliminations [Member]
Partners' Capital	0	0
Subordinated Units [Member] | Non-Guarantor Subsidiaries [Member]
Partners' Capital	0	0
Subordinated Units [Member] | Guarantor Subsidiaries [Member]
Partners' Capital	0	0
Subordinated Units [Member] | Subsidiary Issuer [Member]
Partners' Capital	(286,070)	(288,875)
Limited Partner, Affiliate [Member] | Common Units [Member]
Partners' Capital	(165,932)	(167,787)
Limited Partner, Affiliate [Member] | Common Units [Member] | Consolidation, Eliminations [Member]
Partners' Capital	0	0
Limited Partner, Affiliate [Member] | Common Units [Member] | Non-Guarantor Subsidiaries [Member]
Partners' Capital	$ 0	0
Limited Partner, Affiliate [Member] | Common Units [Member] | Guarantor Subsidiaries [Member]
Partners' Capital		0
Limited Partner, Affiliate [Member] | Common Units [Member] | Subsidiary Issuer [Member]
Partners' Capital	$ (165,932)	(167,787)
Limited Partner, Public [Member] | Common Units [Member]
Partners' Capital	340,000	336,369
Limited Partner, Public [Member] | Common Units [Member] | Consolidation, Eliminations [Member]
Partners' Capital	0	0
Limited Partner, Public [Member] | Common Units [Member] | Non-Guarantor Subsidiaries [Member]
Partners' Capital	0	0
Limited Partner, Public [Member] | Common Units [Member] | Guarantor Subsidiaries [Member]
Partners' Capital	0	0
Limited Partner, Public [Member] | Common Units [Member] | Subsidiary Issuer [Member]
Partners' Capital	$ 340,000	$ 336,369

CONDENSED CONSOLIDATING FINAN41

CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF LOGISTICS INCOME STATEMENT (Details) - Scenario, Unspecified [Domain] - USD ($)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Revenue from affiliates	$ 32,846,000	$ 2,182,000
Operating and maintenance expenses	8,434,000	4,848,000
General and administrative expenses	3,062,000	797,000
Depreciation and amortization	1,633,000	861,000
Total costs and expenses	13,129,000	6,506,000
Income from operations	19,717,000	(4,324,000)
Equity Method Investment, Controlling Interest in Income (Loss) of Subsidiary	0
Interest expense, net and other financing costs	(1,793,000)	2,000
Amortization of deferred financing fees	162,000	0
Other Nonoperating Income (Expense)	0
Net Income	17,762,000	(4,322,000)
Less: Net (loss) income attributable to Predecessor	(1,053,000)	4,322,000
Limited partners' interest in net income attributable to the Partnership	16,709,000	$ 0
Consolidation, Eliminations [Member]
Revenue from affiliates	0
Operating and maintenance expenses	0
General and administrative expenses	0
Depreciation and amortization	0
Total costs and expenses	0
Income from operations	0
Equity Method Investment, Controlling Interest in Income (Loss) of Subsidiary	(22,680,000)
Interest expense, net and other financing costs	0
Amortization of deferred financing fees	0
Other Nonoperating Income (Expense)	0
Net Income	(22,680,000)
Less: Net (loss) income attributable to Predecessor	0
Limited partners' interest in net income attributable to the Partnership	(22,680,000)
Non-Guarantor Subsidiaries [Member]
Revenue from affiliates	0
Operating and maintenance expenses	0
General and administrative expenses	0
Depreciation and amortization	0
Total costs and expenses	0
Income from operations	0
Equity Method Investment, Controlling Interest in Income (Loss) of Subsidiary	0
Interest expense, net and other financing costs	0
Amortization of deferred financing fees	0
Other Nonoperating Income (Expense)	0
Net Income	0
Less: Net (loss) income attributable to Predecessor	0
Limited partners' interest in net income attributable to the Partnership	0
Guarantor Subsidiaries [Member]
Revenue from affiliates	32,846,000
Operating and maintenance expenses	8,434,000
General and administrative expenses	109,000
Depreciation and amortization	1,633,000
Total costs and expenses	10,176,000
Income from operations	22,670,000
Equity Method Investment, Controlling Interest in Income (Loss) of Subsidiary	0
Interest expense, net and other financing costs	10,000
Amortization of deferred financing fees	0
Other Nonoperating Income (Expense)	0
Net Income	22,680,000
Less: Net (loss) income attributable to Predecessor	(1,053,000)
Limited partners' interest in net income attributable to the Partnership	21,627,000
Subsidiary Issuer [Member]
Revenue from affiliates	$ 0
Operating and maintenance expenses
General and administrative expenses	$ 2,953,000
Depreciation and amortization	0
Total costs and expenses	2,953,000
Income from operations	(2,953,000)
Equity Method Investment, Controlling Interest in Income (Loss) of Subsidiary	22,680,000
Interest expense, net and other financing costs	(1,803,000)
Amortization of deferred financing fees	162,000
Other Nonoperating Income (Expense)	0
Net Income	17,762,000
Less: Net (loss) income attributable to Predecessor	0
Limited partners' interest in net income attributable to the Partnership	$ 17,762,000

CONDENSED CONSOLIDATING FINAN42

CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF LOGISTICS CASH FLOWS (Details) - Scenario, Unspecified [Domain] - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014
Net income (loss)	$ 17,762
Depreciation and amortization	1,633	$ 861
Amortization of deferred financing fees	162	0
Unit-based compensation expense	930
Equity Method Investment, Controlling Interest in Income (Loss) of Subsidiary	0
Increase (Decrease) in Accounts Receivable, Related Parties	2,320
Increase (Decrease) in Other Current Assets	(94)
Accounts payable - affiliates	(301)
Accounts payable and accrued liabilities	(46)
Increase (Decrease) in Due to Related Parties	0
Increase (Decrease) in Other Operating Assets and Liabilities, Net	15
Net Cash Provided by (Used in) Operating Activities, Continuing Operations	17,899
Payments to Acquire Property, Plant, and Equipment	76	9,446
Payments to Acquire Marketable Securities	689,693
Maturities of marketable securities	689,697
Investment in subsidiary	0
Net Cash Provided by (Used in) Investing Activities, Continuing Operations	(72)
Parent Distribution	928	$ 0
Payments of Limited Partner Distributions	10,885
Net Cash Provided by (Used in) Financing Activities, Continuing Operations	(11,813)
Cash and Cash Equivalents, Period Increase (Decrease)	6,014
Cash and cash equivalents	20,179		$ 14,165
Consolidation, Eliminations [Member]
Net income (loss)	(22,680)
Depreciation and amortization	0
Amortization of deferred financing fees	0
Unit-based compensation expense	0
Equity Method Investment, Controlling Interest in Income (Loss) of Subsidiary	(22,680)
Increase (Decrease) in Accounts Receivable, Related Parties	0
Increase (Decrease) in Other Current Assets	0
Accounts payable - affiliates	0
Accounts payable and accrued liabilities	0
Increase (Decrease) in Due to Related Parties	0
Increase (Decrease) in Other Operating Assets and Liabilities, Net	0
Net Cash Provided by (Used in) Operating Activities, Continuing Operations	0
Payments to Acquire Property, Plant, and Equipment	0
Payments to Acquire Marketable Securities	0
Maturities of marketable securities	0
Investment in subsidiary	0
Net Cash Provided by (Used in) Investing Activities, Continuing Operations	0
Parent Distribution	0
Payments of Limited Partner Distributions	0
Net Cash Provided by (Used in) Financing Activities, Continuing Operations	0
Cash and Cash Equivalents, Period Increase (Decrease)	0
Cash and cash equivalents	0		0
Non-Guarantor Subsidiaries [Member]
Net income (loss)	0
Depreciation and amortization	0
Amortization of deferred financing fees	0
Unit-based compensation expense	0
Equity Method Investment, Controlling Interest in Income (Loss) of Subsidiary	0
Increase (Decrease) in Accounts Receivable, Related Parties	0
Increase (Decrease) in Other Current Assets	0
Accounts payable - affiliates	0
Accounts payable and accrued liabilities	0
Increase (Decrease) in Due to Related Parties	0
Increase (Decrease) in Other Operating Assets and Liabilities, Net	0
Net Cash Provided by (Used in) Operating Activities, Continuing Operations	0
Payments to Acquire Property, Plant, and Equipment	0
Payments to Acquire Marketable Securities	0
Maturities of marketable securities	0
Investment in subsidiary	0
Net Cash Provided by (Used in) Investing Activities, Continuing Operations	0
Parent Distribution	0
Payments of Limited Partner Distributions	0
Net Cash Provided by (Used in) Financing Activities, Continuing Operations	0
Cash and Cash Equivalents, Period Increase (Decrease)	0
Cash and cash equivalents	0		0
Guarantor Subsidiaries [Member]
Net income (loss)	22,680
Depreciation and amortization	1,633
Amortization of deferred financing fees	0
Unit-based compensation expense	0
Equity Method Investment, Controlling Interest in Income (Loss) of Subsidiary	0
Increase (Decrease) in Accounts Receivable, Related Parties	2,320
Increase (Decrease) in Other Current Assets	6
Accounts payable - affiliates	(310)
Accounts payable and accrued liabilities	(303)
Increase (Decrease) in Due to Related Parties	(20,534)
Increase (Decrease) in Other Operating Assets and Liabilities, Net	0
Net Cash Provided by (Used in) Operating Activities, Continuing Operations	840
Payments to Acquire Property, Plant, and Equipment	76
Payments to Acquire Marketable Securities	0
Maturities of marketable securities	0
Investment in subsidiary	164
Net Cash Provided by (Used in) Investing Activities, Continuing Operations	88
Parent Distribution	928
Payments of Limited Partner Distributions	0
Net Cash Provided by (Used in) Financing Activities, Continuing Operations	(928)
Cash and Cash Equivalents, Period Increase (Decrease)	0
Cash and cash equivalents	0		0
Subsidiary Issuer [Member]
Net income (loss)	17,762
Depreciation and amortization	0
Amortization of deferred financing fees	162
Unit-based compensation expense	930
Equity Method Investment, Controlling Interest in Income (Loss) of Subsidiary	22,680
Increase (Decrease) in Accounts Receivable, Related Parties	0
Increase (Decrease) in Other Current Assets	(100)
Accounts payable - affiliates	9
Accounts payable and accrued liabilities	257
Increase (Decrease) in Due to Related Parties	20,534
Increase (Decrease) in Other Operating Assets and Liabilities, Net	15
Net Cash Provided by (Used in) Operating Activities, Continuing Operations	17,059
Payments to Acquire Property, Plant, and Equipment	0
Payments to Acquire Marketable Securities	689,693
Maturities of marketable securities	689,697
Investment in subsidiary	(164)
Net Cash Provided by (Used in) Investing Activities, Continuing Operations	(160)
Parent Distribution	0
Payments of Limited Partner Distributions	10,885
Net Cash Provided by (Used in) Financing Activities, Continuing Operations	(10,885)
Cash and Cash Equivalents, Period Increase (Decrease)	6,014
Cash and cash equivalents	$ 20,179		$ 14,165