PBF Logistics (PBFX) 10-Q 3 May 18 2018 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2018	Apr. 30, 2018
Document and Entity Information [Abstract]
Entity Registrant Name	PBF LOGISTICS LP
Entity Central Index Key	1,582,568
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2018
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2,018
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Current Reporting Status	Yes
Entity Common Units, Units Outstanding (in shares)		41,979,148

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 22,009	$ 19,664
Accounts receivable - affiliates	32,481	40,817
Accounts receivable	1,308	1,423
Prepaids and other current assets	2,391	1,793
Total current assets	58,189	63,697
Property, plant and equipment, net	670,261	673,823
Other non-current assets	30	30
Total assets	728,480	737,550
Current liabilities:
Accounts payable - affiliates	5,368	8,352
Accounts payable and accrued liabilities	25,989	19,794
Deferred revenue	843	1,438
Total current liabilities	32,200	29,584
Long-term debt	539,456	548,793
Other long-term liabilities	2,003	2,078
Total liabilities	573,659	580,455
Commitments and contingencies (Note 8)
Net Investment - Predecessor	0	0
Equity:
Total PBF Logistics LP equity	(16,104)	(14,808)
Noncontrolling interest	170,925	171,903
Total equity	154,821	157,095
Total liabilities and equity	728,480	737,550
Common Units [Member]
Equity:
Total PBF Logistics LP equity	(19,063)	(17,544)
Incentive Distribution Rights [Member]
Equity:
Total PBF Logistics LP equity		2,736
Incentive Distribution Rights [Member] | PBF LLC [Member]
Equity:
Total PBF Logistics LP equity	2,959	2,736
Total equity	$ 2,959	$ 2,736

CONDENSED CONSOLIDATED BALANCE3

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - shares	Mar. 31, 2018	Dec. 31, 2017
Common Units [Member]
Common units issued	41,900,708	41,900,708
Common units outstanding	41,900,708	41,900,708

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Revenue:
Affiliate	$ 60,864	$ 56,202
Third-party	3,175	4,275
Total revenue	64,039	60,477
Costs and expenses:
Operating and maintenance expenses	18,048	15,769
General and administrative expenses	4,291	3,315
Depreciation and amortization	6,495	5,352
Total costs and expenses	28,834	24,436
Income from operations	35,205	36,041
Other expense:
Interest expense, net	(9,585)	(7,568)
Amortization of loan fees and debt premium	(363)	(416)
Net income	25,257	28,057
Less: Net loss attributable to Predecessor	0	(150)
Less: Net income attributable to noncontrolling interest	4,022	3,599
Net income attributable to the partners	21,235	24,608
Less: Net income attributable to the IDR holder	2,959	1,686
Net income attributable to PBF Logistics LP unitholders	$ 18,276	$ 22,922
Weighted-average limited partner units outstanding:
Cash distributions paid per unit (in dollars per share)	$ 0.49	$ 0.46
Common Units [Member]
Other expense:
Net income attributable to the partners	$ 18,276	$ 14,204
Net income per limited partner unit:
Common - basic (in dollars per share)	$ 0.43	$ 0.55
Common - diluted (in dollars per share)	$ 0.43	$ 0.55
Weighted-average limited partner units outstanding:
Common - basic (in shares)	42,129,377	26,042,248
Common - diluted (in shares)	42,236,092	26,127,441
Subordinated Units [Member]
Net income per limited partner unit:
Subordinated - basic and diluted (In dollars per share)	$ 0	$ 0.55
Weighted-average limited partner units outstanding:
Subordinated - basic and diluted (in shares)	0	15,886,553

CONDENSED CONSOLIDATED STATEME5

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Cash flows from operating activities:
Net income	$ 25,257	$ 28,057
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	6,495	5,352
Amortization of loan fees and debt premium	363	416
Unit-based compensation expense	834	680
Changes in operating assets and liabilities:
Accounts receivable - affiliates	8,336	7,860
Accounts receivable	115	2,472
Prepaids and other current assets	(598)	(297)
Accounts payable - affiliates	(2,984)	721
Accounts payable and accrued liabilities	6,908	8,121
Deferred revenue	(595)	246
Other assets and liabilities	(75)	169
Net cash provided by operations	44,056	53,797
Cash flows from investing activities:
Expenditures for property, plant and equipment	(3,953)	(19,467)
Purchases of marketable securities	0	(75,036)
Maturities of marketable securities	0	75,006
Net cash used in investing activities	(3,953)	(19,497)
Cash flows from financing activities:
Distributions to unitholders	(23,058)	(20,059)
Distributions to TVPC members	(5,000)	(3,425)
Contribution from parent	0	5,457
Repayment of revolving credit facility	9,700	0
Repayment of term loan	0	(39,664)
Net cash used in financing activities	(37,758)	(57,691)
Net change in cash and cash equivalents	2,345	(23,391)
Cash and cash equivalents at beginning of year	19,664	64,221
Cash and cash equivalents at end of period	22,009	40,830
Supplemental disclosure of non-cash investing and financing activities:
Accrued capital expenditures	414	13,625
Issuance of affiliate note payable	0	11,600
Operating Segments [Member] | Non-Guarantor Subsidiaries [Member]
Cash flows from operating activities:
Net income	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	0	0
Amortization of loan fees and debt premium	0	0
Unit-based compensation expense	0	0
Changes in operating assets and liabilities:
Accounts receivable - affiliates	0	0
Accounts receivable	0	0
Prepaids and other current assets	0	0
Accounts payable - affiliates	0	0
Accounts payable and accrued liabilities	0	0
Deferred revenue	0	0
Other assets and liabilities	0	0
Net cash provided by operations	0	0
Cash flows from investing activities:
Expenditures for property, plant and equipment	0
Purchases of marketable securities		0
Maturities of marketable securities		0
Net cash used in investing activities	0	0
Cash flows from financing activities:
Distributions to unitholders	0	0
Distributions to TVPC members	0	0
Contribution from parent	0	0
Repayment of revolving credit facility	0
Repayment of term loan		0
Net cash used in financing activities	0	0
Net change in cash and cash equivalents	0	0
Cash and cash equivalents at beginning of year	0	0
Cash and cash equivalents at end of period	$ 0	$ 0

DESCRIPTION OF THE BUSINESS AND

DESCRIPTION OF THE BUSINESS AND BASIS OF PRESENTATION	3 Months Ended
	Mar. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
DESCRIPTION OF THE BUSINESS AND BASIS OF PRESENTATION	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” or “our general partner”) 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, 2018 , owned 97.2% 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. PBF LLC owns 18,459,497 of PBFX’s common units constituting an aggregate 44.1% limited partner interest in PBFX and owns all of PBFX’s incentive distribution rights (“IDRs”), with the remaining 55.9% limited partner interest owned by public unitholders as of March 31, 2018 . PBFX engages in the receiving, handling, storage and transferring of crude oil, refined products, natural gas and intermediates. The Partnership does not take ownership of or receive any payments based on the value of the crude oil, products, natural gas or intermediates that it handles and does not engage in the trading of any commodities. PBFX’s assets are integral to the operations of PBF Holding’s refineries, and as a result, the Partnership continues to generate a substantial majority of its revenue from transactions with PBF Holding. Additionally, certain of PBFX’s assets also generate revenue from third-party transactions. Principles of Combination and Consolidation and Basis of Presentation In connection with, and subsequent to, PBFX’s initial public offering (“IPO”), the Partnership has acquired certain assets from PBF LLC (collectively referred to as the “Contributed Assets”). The acquisitions completed subsequent to the IPO were made through a series of drop-down transactions with PBF LLC (collectively referred to as the “Acquisitions from PBF”). The assets, liabilities and results of operations of the Contributed Assets prior to their acquisition by PBFX are collectively referred to as the “Predecessor.” The transactions through which PBFX acquired the Contributed Assets were transfers of assets between entities under common control. Accordingly, the accompanying condensed consolidated financial statements and related notes present the results of operations and cash flows of our Predecessor for all periods presented prior to the effective date of each transaction. The financial statements of our Predecessor have been prepared from the separate records maintained by PBF Energy and may not necessarily be indicative of the conditions that would have existed or the results of operations if the Predecessor had been operated as an unaffiliated entity. See the Annual Report on Form 10-K for the year ended December 31, 2017 (the “2017 Form 10-K”) for additional information regarding the Acquisitions from PBF and the commercial agreements and amendments to other agreements with related parties executed in connection with these acquisitions. 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 for the periods presented. The results of operations for the three months ended March 31, 2018 are not necessarily indicative of the results that may be expected for the full year. The Predecessor generally did not historically operate its respective assets for the purpose of generating revenues independent of other PBF Energy businesses prior to PBFX’s IPO or for assets acquired in the Acquisitions from PBF, prior to the effective dates of each transaction. All intercompany accounts and transactions have been eliminated. Recently Adopted Accounting Guidance In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2014-09 (Topic 606) “Revenue from Contracts with Customers” (“ASC 606”). ASC 606 supersedes the revenue recognition requirements in Accounting Standards Codification 605 “Revenue Recognition” (“ASC 605”), and requires entities to recognize revenue when control of the promised goods or services is transferred to customers at an amount that reflects the consideration to which the entity expects to be entitled to in exchange for those goods or services. The Partnership adopted ASC 606 as of January 1, 2018 using the modified retrospective transition method. See Note 2 “Revenues” of the Notes to Condensed Consolidated Financial Statements for further details. Recent Accounting Pronouncements In February 2016, the FASB issued ASU No. 2016-02, “Leases (Topic 842)” (“ASU 2016-02”), to increase the transparency and comparability about leases among entities. Additional ASUs have been issued subsequent to ASU 2016-02 to provide additional clarification and implementation guidance for leases related to ASU 2016-02 including ASU 2018-01, “Leases (Topic 842): Land Easement Practical Expedient for Transition to Topic 842 (“ASU 2018-01”) (collectively, the Partnership refers to ASU 2016-02 and these additional ASUs as the “Updated Lease Guidance”). The Updated Lease Guidance requires lessees to recognize a lease liability and a corresponding lease asset for virtually all lease contracts. It also requires additional disclosures about leasing arrangements. ASU 2016-02 is effective for interim and annual periods beginning after December 15, 2018, and requires a modified retrospective approach to adoption. ASU 2018-01 provides a practical expedient whereby land easements (also known as “rights of way”) that are not accounted for as leases under existing GAAP would not need to be evaluated under ASU 2016-02; however the Updated Lease Guidance would apply prospectively to all new or modified land easements after the effective date of ASU 2016-02. In January 2018, the FASB issued a proposed ASU that would provide an additional transition method for the Updated Lease Guidance for lessees and a practical expedient for lessors. As proposed, this additional transition method would allow lessees to initially apply the requirements of ASU 2016-02 by recognizing a cumulative-effect adjustment to the opening balance of retained earnings in the period of adoption. The proposed practical expedient would allow lessors to not separate non-lease components from the related lease components in certain situations. Assuming the proposed ASU is approved after the comment period, the proposed ASU would have the same effective date as ASU 2016-02. While early adoption is permitted, the Partnership will not early adopt the Updated Lease Guidance. The Partnership has established a working group to study and lead implementation of the Updated Lease Guidance. This working group has instituted a task plan designed to meet the implementation deadline for ASU 2016-02. The Partnership has evaluated and purchased a lease software system and has begun implementation of the selected system. The working group continues to evaluate the impact of the Updated Lease Guidance on the Partnership’s consolidated financial statements and related disclosures and the impact on its business processes and controls. At this time, the Partnership has identified that the most significant impacts of the Updated Lease Guidance will be to bring nearly all leases onto its balance sheet with “right of use assets” and “lease obligation liabilities” as well as accelerating recognition of the interest expense component of financing leases. While the assessment of the impacts arising from this standard is progressing, the Partnership has not fully determined the impacts on its business processes, controls or financial statement disclosures at this time.

REVENUES

REVENUES	3 Months Ended
	Mar. 31, 2017
Revenues [Abstract]
REVENUES	2. REVENUES Adoption of ASC 606 Prior to January 1, 2018, the Partnership recognized revenue from customers when all of the following criteria were met: (i) persuasive evidence of an exchange arrangement existed, (ii) delivery had occurred or services had been rendered, (iii) the buyer’s price was fixed or determinable and (iv) collectability was reasonably assured. Amounts billed in advance of the period in which the service was rendered or product delivered were recorded as deferred revenue. Effective January 1, 2018, the Partnership adopted ASC 606. As a result, the Partnership has changed the accounting policy for the recognition of revenue from contracts with customers as detailed below. The Partnership adopted ASC 606 using the modified retrospective method, which has been applied for the three months ended March 31, 2018. The Partnership has applied ASC 606 only to those contracts that were not complete as of January 1, 2018. As such, the financial information for prior periods has not been adjusted and continues to be reported under ASC 605. The Partnership did not record a cumulative effect adjustment upon initially applying ASC 606 as there was not a significant impact upon adoption; however, the details of significant qualitative and quantitative disclosure changes upon implementing ASC 606 are discussed below. Revenue Recognition Revenues are recognized when control of the promised goods or services is transferred to our customers, in an amount that reflects the consideration the Partnership expects to be entitled to in exchange for those goods or services. As noted in Note 10 “Segment Information” of the Notes to Condensed Consolidated Financial Statements, the Partnership’s business consists of two operating segments, (i) Transportation and Terminaling and (ii) Storage. The following table provides information relating to the Partnership’s revenues for each service category by segment for the periods presented: Three Months Ended March 31, 2018 2017 Transportation and Terminaling Segment Terminaling $ 27,051 $ 30,678 Pipeline 18,489 15,898 Other 11,430 8,363 Total 56,970 54,939 Storage Segment Storage 7,069 5,538 Other — — Total 7,069 5,538 Total Revenue $ 64,039 $ 60,477 PBFX recognizes revenue by charging fees for crude oil and refined products terminaling, storing and pipeline services based on the greater of contractual minimum volume commitments (“MVCs”), as applicable, or the delivery of actual volumes transferred or stored based on contractual rates applied to throughput or storage volumes. Minimum Volume Commitments Transportation and Terminaling The Partnership’s Transportation and Terminaling segment consists of product terminals, pipelines, crude unloading facilities, product tanks and marine facilities capable of handling barges and ships. Certain of these commercial agreements contain MVCs. Under these commercial agreements, if the Partnership’s customer fails to transport its minimum throughput volumes during any specified period, the customer will pay the Partnership a deficiency payment equal to the volume of the deficiency multiplied by the contractual rate then in effect. The deficiency payment is initially recorded as deferred revenue on the Partnership’s balance sheets for all contracts in which the MVC deficiency makeup period is longer than a contractual quarter. Certain of the Partnership’s customers may apply the amount of any such deficiency payments as a credit for volumes transported on the applicable pipeline or terminal system in excess of its MVC during the following quarters under the terms of the applicable agreement. The Partnership recognizes operating revenues for the deficiency payments when credits are used for volumes transported in excess of MVCs or at the end of the contractual period. If the Partnership determines, based on all available information, that it is remote that the Partnership’s customer will utilize these deficiency payments, the amount of the expected unused credits will be recognized as operating revenues in the period when that determination is made. The use or recognition of the credits is a reduction to deferred revenue. Storage The Partnership earns storage revenue under the crude oil and refined product storage contracts through capacity reservation agreements, where the Partnership collects a fee for reserving storage capacity for customers in its facilities. Customers generally pay reservation fees based on the level of storage capacity reserved rather than the actual volumes stored. As of March 31, 2018, future fees for MVCs to be received related to noncancelable commercial terminaling, pipeline and storage agreements were as follows: 2018 $ 158,461 2019 205,554 2020 205,421 2021 204,901 2022 123,445 Thereafter 447,547 Total MVC payments to be received $ 1,345,329 Leases Certain of the Partnership’s commercial agreements are considered operating leases. Under these leasing agreements, the Partnership provides access to storage tanks and/or use of throughput assets that convey the right to control the use of an identified asset to the customer. The Partnership accounts for these transactions under ASC 840 “Leases.” These lease arrangements accounted for $29,075 of the Partnership’s revenue for the three months ended March 31, 2018. Deferred Revenue The Partnership records deferred revenues when cash payments are received or due in advance of performance, including amounts which are refundable. Deferred revenue was $843 and $1,438 as of March 31, 2018 and December 31, 2017, respectively. The decrease in the deferred revenue balance for the three months ended March 31, 2018 is primarily driven by the timing and extent of cash payments received in advance of satisfying the Partnership’s performance obligations for the comparative periods. The Partnership’s payment terms vary by the type and location of our customer and the services offered. The period between invoicing and when payment is due is not significant. For certain services and customer types, the Partnership requires payment before the services are performed for the customer. Significant Judgment and Practical Expedients For performance obligations, the Partnership determined that customers are able to obtain control of these services over time. The Partnership determined that these performance obligations, which are satisfied over time, are considered a series that generally have the same pattern of transfer to customers. For stand ready performance obligations, the Partnership generally recognizes revenue over time on a straight-line basis under the time-elapsed output method as the Partnership believes this is a reasonable basis in determining how customers obtain the benefits of the Partnership’s services. For non-stand ready performance obligations, the Partnership generally recognizes revenue over time based on actual performance (current period volumes multiplied by the applicable rate per unit of volume) as the Partnership believes this accurately depicts the transfer of benefits to customers. The Partnership did not disclose the value of unsatisfied performance obligations for (i) contracts with an original expected length of one year or less and (ii) contracts for which the Partnership recognizes revenue at the amount to which the Partnership has the right to invoice for services performed.

ACQUISITIONS

ACQUISITIONS	3 Months Ended
	Mar. 31, 2018
Business Combinations [Abstract]
ACQUISITIONS	ACQUISITIONS PNGPC Acquisition On February 28, 2017, the Partnership’s wholly-owned subsidiary, PBFX Operating Company LP (“PBFX Op Co”), acquired from PBF LLC all the issued and outstanding limited liability company interest of Paulsboro Natural Gas Pipeline Company LLC (“PNGPC”) for an aggregate purchase price of $11,600 (the “PNGPC Acquisition”). PNGPC owns and operates an interstate natural gas pipeline which serves PBF Holding’s Paulsboro Refinery. In connection with the PNGPC Acquisition, PBFX constructed a new pipeline, which commenced services in August 2017 (the “Paulsboro Natural Gas Pipeline”). In consideration for the PNGPC limited liability company interests, the Partnership delivered to PBF LLC (i) an $11,600 intercompany promissory note in favor of Paulsboro Refining Company LLC, a wholly-owned subsidiary of PBF Holding (the “Affiliate Note Payable”), (ii) an expansion rights and right of first refusal agreement in favor of PBF LLC with respect to the Paulsboro Natural Gas Pipeline and (iii) an assignment and assumption agreement with respect to certain outstanding litigation involving PNGPC and the existing pipeline. As the PNGPC Acquisition was considered a transfer of assets between entities under common control, the PNGPC assets and liabilities were transferred at their historical carrying value, whose net value was $11,538 as of February 28, 2017. The financial information contained herein of PBFX has been retrospectively adjusted to include the historical results of PNGPC as if it was owned by the Partnership for all periods presented. Net loss attributable to the PNGPC Acquisition 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. Acquisition Expenses PBFX incurred acquisition related costs of $483 for the three months ended March 31, 2018 primarily consisting of consulting and legal expenses related to pending and non-consummated acquisitions. PBFX’s acquisition related costs were de minimis for the three months ended March 31, 2017. These costs are included in General and administrative expenses.

PROPERTY, PLANT AND EQUIPMENT,

PROPERTY, PLANT AND EQUIPMENT, NET	3 Months Ended
	Mar. 31, 2018
Property, Plant and Equipment [Abstract]
PROPERTY, PLANT AND EQUIPMENT, NET	PROPERTY, PLANT AND EQUIPMENT, NET Property, plant and equipment, net consisted of the following: March 31, December 31, Land $ 99,707 $ 99,707 Pipelines 333,937 333,609 Terminals and equipment 200,962 200,630 Storage facilities 89,836 89,417 Construction in progress 6,664 4,810 731,106 728,173 Accumulated depreciation (60,845 ) (54,350 ) Property, plant and equipment, net $ 670,261 $ 673,823

DEBT

DEBT	3 Months Ended
	Mar. 31, 2018
Debt Disclosure [Abstract]
DEBT	DEBT Total debt was comprised of the following: March 31, December 31, 2023 Notes $ 525,000 $ 525,000 Revolving Credit Facility (a) 20,000 29,700 Total debt outstanding 545,000 554,700 Unamortized debt issuance costs (8,783 ) (9,281 ) Unamortized 2023 Notes premium 3,239 3,374 Net carrying value of debt $ 539,456 $ 548,793 ____________________ (a) PBFX had $4,010 outstanding letters of credit and $335,990 available under its five -year $360,000 revolving credit facility (the “Revolving Credit Facility”) as of March 31, 2018 . 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. The estimated fair value of the Revolving Credit Facility approximates its carrying value, categorized as a Level 2 measurement, as this borrowing bears interest based upon short-term floating market interest rates. The estimated fair value of the Partnership’s 6.875% Senior Notes due 2023 (the “2023 Notes”), categorized as a Level 2 measurement, was calculated based on the present value of future expected payments utilizing implied current market interest rates based on quoted prices of the 2023 Notes and was approximately $534,177 and $544,118 at March 31, 2018 and December 31, 2017 , respectively. The carrying value and fair value of PBFX’s debt, exclusive of unamortized debt issuance costs and unamortized premium on the 2023 Notes, was approximately $545,000 and $554,177 as of March 31, 2018 and $554,700 and $573,818 as of December 31, 2017 , respectively.

EQUITY

EQUITY	3 Months Ended
	Mar. 31, 2018
Equity [Abstract]
EQUITY	EQUITY PBFX had 23,441,211 common units held by the public outstanding as of March 31, 2018 . PBF LLC owns 18,459,497 of PBFX’s common units constituting an aggregate 44.1% limited partner interest in PBFX as of March 31, 2018 . Share Activity PBFX’s partnership agreement, as amended, authorizes PBFX to issue an unlimited number of additional partnership interests for the consideration and on the terms and conditions determined by PBFX’s general partner without the approval of the unitholders. It is possible that PBFX will fund future acquisitions through the issuance of additional common units, subordinated units or other partnership interests. The following table presents changes in PBFX common and subordinated units outstanding: Three Months Ended March 31, 2018 2017 Common Units Common Units Subordinated Units - PBF LLC Balance at beginning of period 41,900,708 25,844,118 15,886,553 Vesting of phantom units, net of forfeitures — 32,354 — Balance at end of period 41,900,708 25,876,472 15,886,553 Additionally, 217,171 of the Partnership’s phantom units issued under the PBFX 2014 Long-Term Incentive Plan (“LTIP”) vested and were converted into common units held by certain directors, officers and current and former employees of our general partner or its affiliates during the year ended December 31, 2017 . Holders of any additional common units PBFX issues will be entitled to share equally with the then-existing common unitholders in PBFX’s distributions of available cash. Noncontrolling Interest PBFX’s wholly-owned subsidiary, PBFX Op Co, holds a 50% controlling interest in Torrance Valley Pipeline Company LLC (“TVPC”), with the other 50% interest in TVPC held by TVP Holding Company LLC (“TVP Holding”), a subsidiary of PBF Holding. PBFX Op Co is the sole managing member of TVPC. PBFX, through its ownership of PBFX Op Co, consolidates the financial results of TVPC, and records a noncontrolling interest for the economic interest in TVPC held by TVP Holding. Noncontrolling interest on the condensed consolidated statements of operations includes the portion of net income or loss attributable to the economic interest in TVPC held by TVP Holding. Noncontrolling interest on the condensed consolidated balance sheets includes the portion of net assets of TVPC attributable to TVP Holding. Equity Activity The following tables summarize the changes in the carrying amount of the Partnership’s equity during the three months ended March 31, 2018 and 2017: Common Units IDR Holder Noncontrolling Interest Total Balance at December 31, 2017 $ (17,544 ) $ 2,736 $ 171,903 $ 157,095 Quarterly distributions to unitholders (including IDRs) (20,618 ) (2,736 ) — (23,354 ) Distributions to TVPC members — — (5,000 ) (5,000 ) Net income attributable to the partners 18,276 2,959 4,022 25,257 Unit-based compensation expense 834 — — 834 Other (11 ) — — (11 ) Balance at March 31, 2018 $ (19,063 ) $ 2,959 $ 170,925 $ 154,821 Net Investment Common Units Subordinated Units - PBF IDR Holder Noncontrolling Interest Total Balance at December 31, 2016 $ 6,231 $ 241,275 $ (276,083 ) $ 1,266 $ 179,882 $ 152,571 Net loss attributable to PNGPC (150 ) — — — — (150 ) Contributions to PNGPC 5,457 — — — — 5,457 Allocation of PNGPC assets acquired to unitholders (11,538 ) 11,592 (54 ) — — — Distributions to PBF LLC related to the PNGPC Acquisition — (11,600 ) — — — (11,600 ) Quarterly distributions to unitholders (including IDRs) — (11,872 ) (7,149 ) (1,265 ) — (20,286 ) Distributions to TVPC members — — — — (3,425 ) (3,425 ) Net income attributable to the partners — 14,203 8,718 1,687 3,599 28,207 Unit-based compensation expense — 680 — — — 680 Other — (4 ) (2 ) (1 ) — (7 ) Balance at March 31, 2017 $ — $ 244,274 $ (274,570 ) $ 1,687 $ 180,056 $ 151,447 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. During the three months ended March 31, 2018 , PBFX made a distribution payment related to the fourth quarter of 2017 as follows: Related Earnings Period: Q4 2017 Distribution date March 14, 2018 Record date February 28, 2018 Per unit $ 0.4850 To public common unitholders $ 11,369 To PBF LLC 11,689 Total distribution $ 23,058 The allocation of total quarterly distributions to general and limited partners for the three months ended March 31, 2018 and 2017 , respectively, is shown in the table below. The Partnership’s distributions are declared subsequent to quarter end (distributions of $0.49 and $0.46 per unit declared for the three months ended March 31, 2018 and 2017, respectively); therefore, the table represents total distributions applicable to the period in which the distributions are earned: Three Months Ended March 31, 2018 2017 IDR - PBF LLC $ 2,959 $ 1,686 Limited partners’ distributions: Common 20,847 12,141 Subordinated - PBF LLC — 7,308 Total distributions 23,806 21,135 Total cash distributions (a) $ 23,582 $ 20,950 ____________________ (a) Excludes phantom unit distributions which are accrued and paid upon vesting.

NET INCOME PER UNIT

NET INCOME PER UNIT	3 Months Ended
	Mar. 31, 2018
Earnings Per Share [Abstract]
NET INCOME PER UNIT	NET INCOME PER UNIT Earnings in excess of distributions are allocated to the limited partners based on their respective percentage 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. There were no anti-dilutive phantom units for either of the three months ended March 31, 2018 or 2017. 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 IDRs 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. On June 1, 2017, following the May 31, 2017 payment of the cash distribution attributable to the second quarter of 2017, the requirements under PBFX’s partnership agreement, as amended, for the conversion of all subordinated units into common units were satisfied and the subordination period for such subordinated units ended. As a result, in the second quarter of 2017, each of the Partnership’s 15,886,553 outstanding subordinated units converted into common units and began participating pro rata with the other common units in distributions of available cash. The conversion did not impact the amount of the cash distribution paid or the total number of the Partnership’s outstanding units representing limited partner interests. The Partnership’s net income was allocated to the general partner, the limited partners, including the holders of the subordinated units through May 31, 2017 and IDR holders, in accordance with the partnership agreement. 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 distributions: Three Months Ended March 31, 2018 Limited Partner Common Units IDRs - PBF LLC Total Net income attributable to the partners: Distributions declared $ 20,847 $ 2,959 $ 23,806 Earnings less distributions (2,571 ) — (2,571 ) Net income attributable to the partners $ 18,276 $ 2,959 $ 21,235 Weighted-average units outstanding - basic 42,129,377 Weighted-average units outstanding - diluted 42,236,092 Net income per limited partner unit - basic $ 0.43 Net income per limited partner unit - diluted $ 0.43 Three Months Ended March 31, 2017 Limited Partner Common Units Limited Partner Subordinated Units - PBF LLC IDRs - PBF LLC Total Net income attributable to the partners: Distributions declared $ 12,141 $ 7,308 $ 1,686 $ 21,135 Earnings less distributions 2,063 1,410 — 3,473 Net income attributable to the partners $ 14,204 $ 8,718 $ 1,686 $ 24,608 Weighted-average units outstanding - basic 26,042,248 15,886,553 Weighted-average units outstanding - diluted 26,127,441 15,886,553 Net income per limited partner unit - basic $ 0.55 $ 0.55 Net income per limited partner unit - diluted $ 0.55 $ 0.55

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	3 Months Ended
	Mar. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES Certain of PBFX’s assets are collocated with PBF Holding’s Delaware City Refinery, and are located in Delaware’s coastal zone where certain activities are regulated under the Delaware Coastal Zone Act (the “CZA”). Therefore, determinations regarding the CZA that impact the Delaware City Refinery may potentially adversely impact the Partnership’s assets even if the Partnership is not directly involved. The Delaware City Refinery is appealing a Notice of Penalty Assessment and Secretary’s Order issued in March 2017 (the “2017 Secretary’s Order”), including a $150 fine, alleging violation of a 2013 Secretary’s Order authorizing crude oil shipment by barge (the “2013 Secretary’s Order”). The Delaware Department of Natural Resources and Environmental Control’s (“DNREC”) determined that the Delaware City Refinery had violated the 2013 Secretary’s Order by failing to make timely and full disclosure to DNREC about the nature and extent of certain shipments and had misrepresented the number of shipments that went to other facilities. The Notice of Penalty Assessment and 2017 Secretary’s Order conclude that the 2013 Secretary’s Order was violated by the Delaware City Refinery by shipping crude oil from the Partnership’s Delaware City assets to three locations other than PBF Holding’s Paulsboro Refinery, on 15 days in 2014, making a total of 17 separate barge shipments containing approximately 35,700,000 gallons of crude oil in total. On April 28, 2017, the Delaware City Refinery appealed the Notice of Penalty Assessment and 2017 Secretary’s Order. On March 5, 2018, the Notice of Penalty Assessment was settled by DNREC, the Delaware Attorney General and the Delaware City Refinery for $100 . The Delaware City Refinery made no admissions with respect to the alleged violations and agreed to request a CZA status decision prior to making crude oil shipments to destinations other than Paulsboro. On December 28, 2016, DNREC issued a CZA permit (the “Ethanol Permit”) to the Delaware City Refinery allowing the utilization of existing tanks and existing marine loading equipment at their existing facilities to enable denatured ethanol to be loaded from storage tanks to marine vessels and shipped to offsite facilities. On January 13, 2017, the issuance of the Ethanol Permit was appealed by two environmental groups. On February 27, 2017, the Coastal Zone Industrial Board (the “Coastal Zone Board”) held a public hearing and dismissed the appeal, determining that the appellants did not have standing. The appellants filed an appeal of the Coastal Zone Board’s decision with the Delaware Superior Court (the “Superior Court”) on March 30, 2017. On January 19, 2018, the Superior Court rendered an Opinion regarding the decision of the Coastal Zone Board to dismiss the appeal of the Ethanol Permit for the ethanol project. The Judge determined that the record created by the Coastal Zone Board was insufficient for the Superior Court to make a decision, and therefore remanded the case back to the Coastal Zone Board to address the deficiency in the record. Specifically, the Superior Court directed the Coastal Zone Board to address any evidence concerning whether the appellants’ claimed injuries would be affected by the increased quantity of ethanol shipments. During the hearing before the Coastal Zone Board on standing, one of the appellants’ witnesses made a reference to the flammability of ethanol, without any indication of the significance of flammability/explosivity to specific concerns. Moreover, the appellants did not introduce at hearing any evidence of the relative flammability of ethanol as compared to other materials shipped to and from the refinery. However, the sole dissenting opinion from the Coastal Zone Board focused on the flammability/explosivity issue, alleging that the appellants’ testimony raised the issue as a distinct basis for potential harms. Once the Coastal Zone Board responds to the remand, it will go back to the Superior Court to complete its analysis and issue a decision. On October 19, 2017, the Delaware City Refinery received approval from DNREC for the construction and operation of the ethanol marketing project to allow for a combined total loading of up to 10,000 barrels per day, on an annual average basis, of ethanol on to marine vessels at the marine piers and the terminal truck loading rack, subject to certain operational and emissions limitations as well as other conditions. On the same date, Delaware City Logistics Company LLC (“DCLC”) received DNREC approval for the construction of (i) four additional loading arms for each of lanes 4, 10 and 11 for purposes of loading ethanol at its truck loading rack and (ii) a vapor vacuum control system for loading lanes connected to the existing vapor recovery unit located at its terminal in Delaware City. This approval is also subject to certain operational and emission limitations as well as other conditions. 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 Holding’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. In connection with its purchase of the four refined product terminals from Plains All American Pipeline, L.P. (“Plains”), the Partnership is responsible for the environmental remediation costs for conditions that existed on the closing date up to a maximum of $250 per year for ten years, with Plains remaining responsible for any and all additional costs above such amounts during such period. The environmental liability of $1,846 recorded as of March 31, 2018 ( $1,923 as of December 31, 2017 ) represents the present value of expected future costs discounted at a rate of 1.83% . At March 31, 2018 , the undiscounted liability is $2,002 and the Partnership expects to make aggregate payments for this liability of $1,250 over the next five years. The current portion of the environmental liability is recorded in “Accounts payable and accrued liabilities” and the non-current portion is recorded in “Other long-term liabilities.” In connection with PBF Holding’s acquisition of the Torrance Refinery and related logistics assets, PBF Holding is responsible for all known and unknown environmental liabilities at each site acquired in connection with the acquisition. The total estimated liability of known environmental obligations associated with the San Joaquin Valley pipeline system, which consists of the M55, M1 and M70 crude pipeline systems including pipeline stations with storage capacity and truck unloading capacity (the “Torrance Valley Pipeline”), was approximately $236 as of March 31, 2018 ( $256 as of December 31, 2017 ). In accordance with the contribution agreement associated with the Partnership’s acquisition of a 50% equity interest in TVPC from PBF LLC (the “TVPC Acquisition”), PBF Holding has indemnified the Partnership for any and all costs associated with environmental remediation for obligations that existed on or before August 31, 2016, including all known or unknown events, which includes the recorded liability of approximately $236 . At March 31, 2018 , the Partnership expects to make the full aggregate payment for this liability within the next five years. PBFX has recorded a receivable from PBF Holding in “Accounts receivable - affiliates” for such anticipated payments related to the known pre-existing Torrance Valley Pipeline environmental obligations for which PBFX is indemnified. In connection with the purchase of the Toledo, Ohio refined products terminal assets from Sunoco Logistics Partners L.P. (the “Seller”) by the Partnership’s wholly-owned subsidiary, PBF Logistics Products Terminals LLC (“PLPT”), the Partnership did not assume and is currently not aware of any pre-existing environmental obligations. If pre-acquisition environmental obligations are identified, the Seller is responsible for any liabilities up to $2,000 identified to have occurred since 2002. For liabilities arising prior to 2002, the Seller is indemnified by the prior owner under an agreement between the Seller and the prior owner, and the Partnership is entitled to be reimbursed for all amounts paid related to such liabilities on a full pass-through basis.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	3 Months Ended
	Mar. 31, 2018
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	RELATED PARTY TRANSACTIONS Commercial Agreements PBFX currently derives the majority of its revenue from long-term, fee-based, MVC agreements with PBF Holding, supported by contractual 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 Agreement (as defined below) and the Services Agreement (as defined below) each with PBF Holding, are generally no less favorable to either party than those that could have been negotiated with unaffiliated parties with respect to similar services. See the 2017 Form 10-K for a more complete description of PBFX’s commercial agreements with PBF Holding, including those identified as leases. The Delaware City Rail Terminaling Services Agreement and the Delaware West Ladder Rack Terminaling Services Agreement between Delaware City Terminaling Company LLC and PBF Holding were amended effective as of January 1, 2018 (collectively, the “Amended and Restated Rail Agreements”) with the service fees thereunder being adjusted, including the addition of an ancillary fee paid by PBF Holding on an actual cost basis. In determining payments due under the Amended and Restated Rail Agreements, excess volumes throughput under the agreements shall apply against required payments in respect to the minimum throughput commitments on a quarterly basis and, to the extent not previously applied, on an annual basis against the MVCs. Other Agreements In addition to the commercial agreements described above, PBFX has entered into an omnibus agreement with PBF GP, PBF LLC and PBF Holding, which has been amended and restated in connection with certain of the Acquisitions from PBF (as amended, the “Omnibus Agreement”). The Omnibus Agreement addresses the payment of an annual fee for the provision of various general and administrative services and reimbursement of salary and benefit costs for certain PBF Energy employees. Additionally, PBFX has entered into an operation and management services and secondment agreement with PBF Holding and certain of its subsidiaries (the “Services Agreement”), pursuant to which PBF Holding and its subsidiaries provide PBFX with the personnel necessary for the Partnership to perform its obligations under its commercial agreements. PBFX reimburses PBF Holding for the use of such employees and the provision of certain infrastructure-related services to the extent applicable to its operations, including storm water discharge and waste water treatment, steam, potable water, access to certain roads and grounds, sanitary sewer access, electrical power, emergency response, filter press, fuel gas, API solids treatment, fire water and compressed air. The Services Agreement will terminate upon the termination of the Omnibus Agreement, provided that the Partnership may terminate any service on 30-days’ notice. Summary of Transactions A summary of revenue and expense transactions with the Partnership’s affiliates, including expenses directly charged and allocated to the Partnership, is as follows: Three Months Ended March 31, 2018 2017 Revenues $ 60,864 $ 56,202 Operating and maintenance expenses 1,674 1,618 General and administrative expenses 1,700 1,654

SEGMENT INFORMATION

SEGMENT INFORMATION	3 Months Ended
	Mar. 31, 2018
Segment Reporting [Abstract]
SEGMENT INFORMATION	SEGMENT INFORMATION The Partnership’s operations are organized into two reportable segments, Transportation and Terminaling and Storage. Operations that are not included in either the Transportation and Terminaling or the Storage segments are included in Corporate. The Partnership’s Transportation and Terminaling segment consists of product terminals, pipelines, crude unloading facilities, product tanks and marine facilities capable of processing crude oil, natural gas and refined products. The Partnership’s Storage segment consists of storage facilities capable of handling crude oil, refined products and intermediates. Revenues are generated from third-party transactions as well as commercial agreements entered into with PBF Holding under which the Partnership receives fees for transportation, terminaling and storage of crude oil, refined products and natural gas. The Partnership does not have any foreign operations. The operating segments adhere to the accounting polices used for the consolidated financial statements, as described in Note 2 “Summary of Accounting Policies” of the Notes to Consolidated Financial Statements in the 2017 Form 10-K. 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, 2018 Transportation and Terminaling Storage Corporate Consolidated Total Total revenue $ 56,970 $ 7,069 $ — $ 64,039 Depreciation and amortization expense 5,570 925 — 6,495 Income (loss) from operations 35,505 3,991 (4,291 ) 35,205 Interest expense, net and amortization of loan fees and debt premium — — 9,948 9,948 Capital expenditures 3,867 86 — 3,953 Three Months Ended March 31, 2017 Transportation and Terminaling Storage Corporate Consolidated Total Total revenue $ 54,939 $ 5,538 $ — $ 60,477 Depreciation and amortization expense 4,751 601 — 5,352 Income (loss) from operations 36,106 3,250 (3,315 ) 36,041 Interest expense, net and amortization of loan fees and debt premium — — 7,984 7,984 Capital expenditures 15,293 4,174 — 19,467 Balance at March 31, 2018 Transportation and Terminaling Storage Corporate Consolidated Total Total assets $ 640,095 $ 85,220 $ 3,165 $ 728,480 Balance at December 31, 2017 Transportation and Terminaling Storage Corporate Consolidated Total Total assets $ 639,310 $ 86,760 $ 11,480 $ 737,550

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	3 Months Ended
	Mar. 31, 2018
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	SUBSEQUENT EVENTS Cash distribution On May 3, 2018, PBF GP’s board of directors announced a cash distribution, based on the results of the first quarter of 2018, of $0.49 per unit. The distribution is payable on May 30, 2018 to PBFX unitholders of record at the close of business on May 15, 2018. Cummins Terminals Purchase On April 16, 2018, the Partnership’s wholly-owned subsidiary, PLPT, completed the purchase of two refined product terminals located in Knoxville, Tennessee, which include product tanks, pipeline connections to the Colonial and Plantation pipeline systems and truck loading facilities (the “Cummins Terminals”) from Cummins Terminals, Inc. for total cash consideration of approximately $58,000 (the “Cummins Terminals Purchase”). The transaction was financed through a combination of cash on hand and borrowings under the Partnership’s Revolving Credit Facility. Drop-down Transactions On April 16, 2018, the Partnership announced the entry into a letter of intent to acquire several development assets from subsidiaries of PBF Energy. The letter of intent is subject to the execution of definitive agreements and the execution and closing of such definitive agreements are expected in the second quarter of 2018.

CONDENSED CONSOLIDATING FINANCI

CONDENSED CONSOLIDATING FINANCIAL STATEMENTS	3 Months Ended
	Mar. 31, 2018
CONDENSED CONSOLIDATED FINANCIAL STATEMENTS [Abstract]
CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF LOGISTICS	CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF LOGISTICS DCLC, Delaware Pipeline Company LLC, Delaware City Terminaling Company LLC, Toledo Terminaling Company LLC, PLPT, PBFX Op Co, TVPC and PNGPC serve as guarantors of the obligations under the 2023 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 Corporation (“PBF Logistics Finance”), the guarantors party thereto and Deutsche Bank Trust Company Americas, as Trustee, governs subsidiaries designated as “Guarantor Subsidiaries.” In addition, PBF LLC provides a limited guarantee of collection of the principal amount of the 2023 Notes, but is not otherwise subject to the covenants of the Indenture. Refer to PBF LLC’s Quarterly Report on Form 10-Q for its condensed consolidated financial statements. The 2023 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. 12. CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF LOGISTICS CONDENSED CONSOLIDATING BALANCE SHEET March 31, 2018 Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Combining and Consolidating Adjustments Total ASSETS Current assets: Cash and cash equivalents $ 2,599 $ 19,410 $ — $ — $ 22,009 Accounts receivable - affiliates 24 32,457 — — 32,481 Accounts receivable — 1,308 — — 1,308 Prepaids and other current assets 541 1,850 — — 2,391 Due from related parties 69,403 423,221 — (492,624 ) — Total current assets 72,567 478,246 — (492,624 ) 58,189 Property, plant and equipment, net — 670,261 — — 670,261 Other non-current assets — 30 — — 30 Investment in subsidiaries 892,182 — — (892,182 ) — Total assets $ 964,749 $ 1,148,537 $ — $ (1,384,806 ) $ 728,480 LIABILITIES AND EQUITY Current liabilities: Accounts payable - affiliates $ 552 $ 4,816 $ — $ — $ 5,368 Accounts payable and accrued liabilities 17,624 8,365 — — 25,989 Deferred revenue — 843 — — 843 Due to related parties 423,221 69,403 — (492,624 ) — Total current liabilities 441,397 83,427 — (492,624 ) 32,200 Long-term debt 539,456 — — — 539,456 Other long-term liabilities — 2,003 — — 2,003 Total liabilities 980,853 85,430 — (492,624 ) 573,659 Commitments and contingencies (Note 8) Equity: Net Investment - Predecessor — 892,182 — (892,182 ) — Common unitholders (19,063 ) — — — (19,063 ) IDR holder - PBF LLC 2,959 — — — 2,959 Total PBF Logistics LP equity (16,104 ) 892,182 — (892,182 ) (16,104 ) Noncontrolling interest — 170,925 — — 170,925 Total equity (16,104 ) 1,063,107 — (892,182 ) 154,821 Total liabilities and equity $ 964,749 $ 1,148,537 $ — $ (1,384,806 ) $ 728,480 12. CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF LOGISTICS CONDENSED CONSOLIDATING BALANCE SHEET December 31, 2017 Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Combining and Consolidating Adjustments Total ASSETS Current assets: Cash and cash equivalents $ 10,909 $ 8,755 $ — $ — $ 19,664 Accounts receivable - affiliates 1 40,816 — — 40,817 Accounts receivable — 1,423 — — 1,423 Prepaids and other current assets 571 1,222 — — 1,793 Due from related parties 64,162 388,737 — (452,899 ) — Total current assets 75,643 440,953 — (452,899 ) 63,697 Property, plant and equipment, net — 673,823 — — 673,823 Other non-current assets — 30 — — 30 Investment in subsidiaries 856,257 — — (856,257 ) — Total assets $ 931,900 $ 1,114,806 $ — $ (1,309,156 ) $ 737,550 LIABILITIES AND EQUITY Current liabilities: Accounts payable - affiliates $ 2,022 $ 6,330 $ — $ — $ 8,352 Accounts payable and accrued liabilities 7,156 12,638 — — 19,794 Deferred revenue — 1,438 — — 1,438 Due to related parties 388,737 64,162 — (452,899 ) — Total current liabilities 397,915 84,568 — (452,899 ) 29,584 Long-term debt 548,793 — — — 548,793 Other long-term liabilities — 2,078 — — 2,078 Total liabilities 946,708 86,646 — (452,899 ) 580,455 Commitments and contingencies (Note 8) Equity: Net Investment - Predecessor — 856,257 — (856,257 ) — Common unitholders (17,544 ) — — — (17,544 ) IDR holder - PBF LLC 2,736 — — — 2,736 Total PBF Logistics LP equity (14,808 ) 856,257 — (856,257 ) (14,808 ) Noncontrolling interest — 171,903 — — 171,903 Total equity (14,808 ) 1,028,160 — (856,257 ) 157,095 Total liabilities and equity $ 931,900 $ 1,114,806 $ — $ (1,309,156 ) $ 737,550 12. CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF LOGISTICS CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS Three Months Ended March 31, 2018 Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Combining and Consolidating Adjustments Total Revenue: Affiliate $ — $ 60,864 $ — $ — $ 60,864 Third-party — 3,175 — — 3,175 Total revenue — 64,039 — — 64,039 Costs and expenses: Operating and maintenance expenses — 18,048 — — 18,048 General and administrative expenses 4,291 — — — 4,291 Depreciation and amortization — 6,495 — — 6,495 Total costs and expenses 4,291 24,543 — — 28,834 Income (loss) from operations (4,291 ) 39,496 — — 35,205 Other income (expense): Equity in earnings of subsidiaries 39,496 — — (39,496 ) — Interest expense, net (9,585 ) — — — (9,585 ) Amortization of loan fees and debt premium (363 ) — — — (363 ) Net income 25,257 39,496 — (39,496 ) 25,257 Less: Net income attributable to noncontrolling interest — 4,022 — — 4,022 Net income attributable to the partners 25,257 35,474 — (39,496 ) 21,235 Less: Net income attributable to the IDR holder 2,959 — — — 2,959 Net income attributable to PBF Logistics LP unitholders $ 22,298 $ 35,474 $ — $ (39,496 ) $ 18,276 12. CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF LOGISTICS CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS Three Months Ended March 31, 2017 Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Combining and Consolidating Adjustments Total Revenue: Affiliate $ — $ 56,202 $ — $ — $ 56,202 Third-party — 4,275 — — 4,275 Total revenue — 60,477 — — 60,477 Costs and expenses: Operating and maintenance expenses — 15,769 — — 15,769 General and administrative expenses 3,315 — — — 3,315 Depreciation and amortization — 5,352 — — 5,352 Total costs and expenses 3,315 21,121 — — 24,436 Income (loss) from operations (3,315 ) 39,356 — — 36,041 Other income (expense): Equity in earnings of subsidiaries 39,356 — — (39,356 ) — Interest expense, net (7,568 ) — — — (7,568 ) Amortization of loan fees (416 ) — — — (416 ) Net income 28,057 39,356 — (39,356 ) 28,057 Less: Net loss attributable to Predecessor — (150 ) — — (150 ) Less: Net income attributable to noncontrolling interest — 3,599 — — 3,599 Net income attributable to the partners 28,057 35,907 — (39,356 ) 24,608 Less: Net income attributable to the IDR holder 1,686 — — — 1,686 Net income attributable to PBF Logistics LP unitholders $ 26,371 $ 35,907 $ — $ (39,356 ) $ 22,922 12. CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF LOGISTICS CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS Three Months Ended March 31, 2018 Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Combining and Consolidating Adjustments Total Cash flows from operating activities: Net income $ 25,257 $ 39,496 $ — $ (39,496 ) $ 25,257 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization — 6,495 — — 6,495 Amortization of loan fees and debt premium 363 — — — 363 Unit-based compensation expense 834 — — — 834 Equity in earnings of subsidiaries (39,496 ) — — 39,496 — Changes in operating assets and liabilities: Accounts receivable - affiliates (23 ) 8,359 — — 8,336 Accounts receivable — 115 — — 115 Prepaids and other current assets 30 (628 ) — — (598 ) Accounts payable - affiliates (1,470 ) (1,514 ) — — (2,984 ) Accounts payable and accrued liabilities 10,172 (3,264 ) — — 6,908 Amounts due to (from) related parties 29,243 (29,243 ) — — — Deferred revenue — (595 ) — — (595 ) Other assets and liabilities — (75 ) — — (75 ) Net cash provided by operating activities 24,910 19,146 — — 44,056 Cash flows from investing activities: Expenditures for property, plant and equipment — (3,953 ) — — (3,953 ) Investment in subsidiaries (462 ) — — 462 — Net cash used in investing activities $ (462 ) $ (3,953 ) $ — $ 462 $ (3,953 ) 12. CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF LOGISTICS CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS (Continued) Three Months Ended March 31, 2018 Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Combining and Consolidating Adjustments Total Cash flows from financing activities: Distributions to unitholders $ (23,058 ) $ — $ — $ — $ (23,058 ) Contribution from parent — 462 — (462 ) — Distributions to TVPC members — (5,000 ) — — (5,000 ) Repayment of revolving credit facility (9,700 ) — — — (9,700 ) Net cash used in financing activities (32,758 ) (4,538 ) — (462 ) (37,758 ) Net change in cash and cash equivalents (8,310 ) 10,655 — — 2,345 Cash and cash equivalents at beginning of year 10,909 8,755 — — 19,664 Cash and cash equivalents at end of period $ 2,599 $ 19,410 $ — $ — $ 22,009 12. CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF LOGISTICS CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS Three Months Ended March 31, 2017 Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Combining and Consolidating Adjustments Total Cash flows from operating activities: Net income $ 28,057 $ 39,356 $ — $ (39,356 ) $ 28,057 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization — 5,352 — — 5,352 Amortization of loan fees 416 — — — 416 Unit-based compensation expense 680 — — — 680 Equity in earnings of subsidiaries (39,356 ) — — 39,356 — Changes in operating assets and liabilities: Accounts receivable - affiliates 90 7,770 — — 7,860 Accounts receivable — 2,472 — — 2,472 Prepaids and other current assets 110 (407 ) — — (297 ) Accounts payable - affiliates 2,802 (2,081 ) — — 721 Accounts payable and accrued liabilities 6,974 1,147 — — 8,121 Amounts due to (from) related parties 29,200 (29,200 ) — — — Deferred revenue — 246 — — 246 Other assets and liabilities (7 ) 176 — — 169 Net cash provided by operating activities 28,966 24,831 — — 53,797 Cash flows from investing activities: Expenditures for property, plant and equipment — (19,467 ) — — (19,467 ) Purchase of marketable securities (75,036 ) — — — (75,036 ) Maturities of marketable securities 75,006 — — — 75,006 Investment in subsidiaries (2,753 ) — — 2,753 — Net cash used in investing activities $ (2,783 ) $ (19,467 ) $ — $ 2,753 $ (19,497 ) 12. CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF LOGISTICS CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS (Continued) Three Months Ended March 31, 2017 Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Combining and Consolidating Adjustments Total Cash flows from financing activities: Distributions to unitholders $ (20,059 ) $ — $ — $ — $ (20,059 ) Distributions to TVPC members — (3,425 ) — — (3,425 ) Contribution from parent — 8,210 — (2,753 ) 5,457 Repayment of term loan (39,664 ) — — — (39,664 ) Net cash (used in) provided by financing activities (59,723 ) 4,785 — (2,753 ) (57,691 ) Net change in cash and cash equivalents (33,540 ) 10,149 — — (23,391 ) Cash and cash equivalents at beginning of year 52,133 12,088 — — 64,221 Cash and cash equivalents at end of period $ 18,593 $ 22,237 $ — $ — $ 40,830
Condensed Cash Flow Statement	12. CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF LOGISTICS CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS Three Months Ended March 31, 2018 Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Combining and Consolidating Adjustments Total Cash flows from operating activities: Net income $ 25,257 $ 39,496 $ — $ (39,496 ) $ 25,257 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization — 6,495 — — 6,495 Amortization of loan fees and debt premium 363 — — — 363 Unit-based compensation expense 834 — — — 834 Equity in earnings of subsidiaries (39,496 ) — — 39,496 — Changes in operating assets and liabilities: Accounts receivable - affiliates (23 ) 8,359 — — 8,336 Accounts receivable — 115 — — 115 Prepaids and other current assets 30 (628 ) — — (598 ) Accounts payable - affiliates (1,470 ) (1,514 ) — — (2,984 ) Accounts payable and accrued liabilities 10,172 (3,264 ) — — 6,908 Amounts due to (from) related parties 29,243 (29,243 ) — — — Deferred revenue — (595 ) — — (595 ) Other assets and liabilities — (75 ) — — (75 ) Net cash provided by operating activities 24,910 19,146 — — 44,056 Cash flows from investing activities: Expenditures for property, plant and equipment — (3,953 ) — — (3,953 ) Investment in subsidiaries (462 ) — — 462 — Net cash used in investing activities $ (462 ) $ (3,953 ) $ — $ 462 $ (3,953 ) 12. CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF LOGISTICS CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS (Continued) Three Months Ended March 31, 2018 Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Combining and Consolidating Adjustments Total Cash flows from financing activities: Distributions to unitholders $ (23,058 ) $ — $ — $ — $ (23,058 ) Contribution from parent — 462 — (462 ) — Distributions to TVPC members — (5,000 ) — — (5,000 ) Repayment of revolving credit facility (9,700 ) — — — (9,700 ) Net cash used in financing activities (32,758 ) (4,538 ) — (462 ) (37,758 ) Net change in cash and cash equivalents (8,310 ) 10,655 — — 2,345 Cash and cash equivalents at beginning of year 10,909 8,755 — — 19,664 Cash and cash equivalents at end of period $ 2,599 $ 19,410 $ — $ — $ 22,009 12. CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF LOGISTICS CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS Three Months Ended March 31, 2017 Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Combining and Consolidating Adjustments Total Cash flows from operating activities: Net income $ 28,057 $ 39,356 $ — $ (39,356 ) $ 28,057 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization — 5,352 — — 5,352 Amortization of loan fees 416 — — — 416 Unit-based compensation expense 680 — — — 680 Equity in earnings of subsidiaries (39,356 ) — — 39,356 — Changes in operating assets and liabilities: Accounts receivable - affiliates 90 7,770 — — 7,860 Accounts receivable — 2,472 — — 2,472 Prepaids and other current assets 110 (407 ) — — (297 ) Accounts payable - affiliates 2,802 (2,081 ) — — 721 Accounts payable and accrued liabilities 6,974 1,147 — — 8,121 Amounts due to (from) related parties 29,200 (29,200 ) — — — Deferred revenue — 246 — — 246 Other assets and liabilities (7 ) 176 — — 169 Net cash provided by operating activities 28,966 24,831 — — 53,797 Cash flows from investing activities: Expenditures for property, plant and equipment — (19,467 ) — — (19,467 ) Purchase of marketable securities (75,036 ) — — — (75,036 ) Maturities of marketable securities 75,006 — — — 75,006 Investment in subsidiaries (2,753 ) — — 2,753 — Net cash used in investing activities $ (2,783 ) $ (19,467 ) $ — $ 2,753 $ (19,497 ) 12. CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF LOGISTICS CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS (Continued) Three Months Ended March 31, 2017 Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Combining and Consolidating Adjustments Total Cash flows from financing activities: Distributions to unitholders $ (20,059 ) $ — $ — $ — $ (20,059 ) Distributions to TVPC members — (3,425 ) — — (3,425 ) Contribution from parent — 8,210 — (2,753 ) 5,457 Repayment of term loan (39,664 ) — — — (39,664 ) Net cash (used in) provided by financing activities (59,723 ) 4,785 — (2,753 ) (57,691 ) Net change in cash and cash equivalents (33,540 ) 10,149 — — (23,391 ) Cash and cash equivalents at beginning of year 52,133 12,088 — — 64,221 Cash and cash equivalents at end of period $ 18,593 $ 22,237 $ — $ — $ 40,830

DESCRIPTION OF THE BUSINESS A18

DESCRIPTION OF THE BUSINESS AND BASIS OF PRESENTATION (Policies)	3 Months Ended
	Mar. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Recent Accounting Pronouncements	Recently Adopted Accounting Guidance In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2014-09 (Topic 606) “Revenue from Contracts with Customers” (“ASC 606”). ASC 606 supersedes the revenue recognition requirements in Accounting Standards Codification 605 “Revenue Recognition” (“ASC 605”), and requires entities to recognize revenue when control of the promised goods or services is transferred to customers at an amount that reflects the consideration to which the entity expects to be entitled to in exchange for those goods or services. The Partnership adopted ASC 606 as of January 1, 2018 using the modified retrospective transition method. See Note 2 “Revenues” of the Notes to Condensed Consolidated Financial Statements for further details. Recent Accounting Pronouncements In February 2016, the FASB issued ASU No. 2016-02, “Leases (Topic 842)” (“ASU 2016-02”), to increase the transparency and comparability about leases among entities. Additional ASUs have been issued subsequent to ASU 2016-02 to provide additional clarification and implementation guidance for leases related to ASU 2016-02 including ASU 2018-01, “Leases (Topic 842): Land Easement Practical Expedient for Transition to Topic 842 (“ASU 2018-01”) (collectively, the Partnership refers to ASU 2016-02 and these additional ASUs as the “Updated Lease Guidance”). The Updated Lease Guidance requires lessees to recognize a lease liability and a corresponding lease asset for virtually all lease contracts. It also requires additional disclosures about leasing arrangements. ASU 2016-02 is effective for interim and annual periods beginning after December 15, 2018, and requires a modified retrospective approach to adoption. ASU 2018-01 provides a practical expedient whereby land easements (also known as “rights of way”) that are not accounted for as leases under existing GAAP would not need to be evaluated under ASU 2016-02; however the Updated Lease Guidance would apply prospectively to all new or modified land easements after the effective date of ASU 2016-02. In January 2018, the FASB issued a proposed ASU that would provide an additional transition method for the Updated Lease Guidance for lessees and a practical expedient for lessors. As proposed, this additional transition method would allow lessees to initially apply the requirements of ASU 2016-02 by recognizing a cumulative-effect adjustment to the opening balance of retained earnings in the period of adoption. The proposed practical expedient would allow lessors to not separate non-lease components from the related lease components in certain situations. Assuming the proposed ASU is approved after the comment period, the proposed ASU would have the same effective date as ASU 2016-02. While early adoption is permitted, the Partnership will not early adopt the Updated Lease Guidance. The Partnership has established a working group to study and lead implementation of the Updated Lease Guidance. This working group has instituted a task plan designed to meet the implementation deadline for ASU 2016-02. The Partnership has evaluated and purchased a lease software system and has begun implementation of the selected system. The working group continues to evaluate the impact of the Updated Lease Guidance on the Partnership’s consolidated financial statements and related disclosures and the impact on its business processes and controls. At this time, the Partnership has identified that the most significant impacts of the Updated Lease Guidance will be to bring nearly all leases onto its balance sheet with “right of use assets” and “lease obligation liabilities” as well as accelerating recognition of the interest expense component of financing leases. While the assessment of the impacts arising from this standard is progressing, the Partnership has not fully determined the impacts on its business processes, controls or financial statement disclosures at this time.

REVENUES (Tables)

REVENUES (Tables)	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Revenues [Abstract]
Revenue from External Customers by Products and Services [Table Text Block]	Three Months Ended March 31, 2018 2017 Transportation and Terminaling Segment Terminaling $ 27,051 $ 30,678 Pipeline 18,489 15,898 Other 11,430 8,363 Total 56,970 54,939 Storage Segment Storage 7,069 5,538 Other — — Total 7,069 5,538 Total Revenue $ 64,039 $ 60,477
Schedule of Future Minimum Volume Commitments to be received [Table Text Block]		2018 $ 158,461 2019 205,554 2020 205,421 2021 204,901 2022 123,445 Thereafter 447,547 Total MVC payments to be received $ 1,345,329

PROPERTY, PLANT AND EQUIPMENT20

PROPERTY, PLANT AND EQUIPMENT, NET (Tables)	3 Months Ended
	Mar. 31, 2018
Property, Plant and Equipment [Abstract]
Schedule of property, plant and equipment	Property, plant and equipment, net consisted of the following: March 31, December 31, Land $ 99,707 $ 99,707 Pipelines 333,937 333,609 Terminals and equipment 200,962 200,630 Storage facilities 89,836 89,417 Construction in progress 6,664 4,810 731,106 728,173 Accumulated depreciation (60,845 ) (54,350 ) Property, plant and equipment, net $ 670,261 $ 673,823

DEBT (Tables)

DEBT (Tables)	3 Months Ended
	Mar. 31, 2018
Debt Disclosure [Abstract]
Schedule of long-term debt	Total debt was comprised of the following: March 31, December 31, 2023 Notes $ 525,000 $ 525,000 Revolving Credit Facility (a) 20,000 29,700 Total debt outstanding 545,000 554,700 Unamortized debt issuance costs (8,783 ) (9,281 ) Unamortized 2023 Notes premium 3,239 3,374 Net carrying value of debt $ 539,456 $ 548,793 ____________________ (a) PBFX had $4,010 outstanding letters of credit and $335,990 available under its five -year $360,000 revolving credit facility (the “Revolving Credit Facility”) as of March 31, 2018 .

EQUITY (Tables)

EQUITY (Tables)	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Equity [Abstract]
Schedule of Stock by Class [Table Text Block]	Three Months Ended March 31, 2018 2017 Common Units Common Units Subordinated Units - PBF LLC Balance at beginning of period 41,900,708 25,844,118 15,886,553 Vesting of phantom units, net of forfeitures — 32,354 — Balance at end of period 41,900,708 25,876,472 15,886,553
Schedule of Stockholders Equity	three months ended March 31, 2018 and 2017: Common Units IDR Holder Noncontrolling Interest Total Balance at December 31, 2017 $ (17,544 ) $ 2,736 $ 171,903 $ 157,095 Quarterly distributions to unitholders (including IDRs) (20,618 ) (2,736 ) — (23,354 ) Distributions to TVPC members — — (5,000 ) (5,000 ) Net income attributable to the partners 18,276 2,959 4,022 25,257 Unit-based compensation expense 834 — — 834 Other (11 ) — — (11 ) Balance at March 31, 2018 $ (19,063 ) $ 2,959 $ 170,925 $ 154,821	Net Investment Common Units Subordinated Units - PBF IDR Holder Noncontrolling Interest Total Balance at December 31, 2016 $ 6,231 $ 241,275 $ (276,083 ) $ 1,266 $ 179,882 $ 152,571 Net loss attributable to PNGPC (150 ) — — — — (150 ) Contributions to PNGPC 5,457 — — — — 5,457 Allocation of PNGPC assets acquired to unitholders (11,538 ) 11,592 (54 ) — — — Distributions to PBF LLC related to the PNGPC Acquisition — (11,600 ) — — — (11,600 ) Quarterly distributions to unitholders (including IDRs) — (11,872 ) (7,149 ) (1,265 ) — (20,286 ) Distributions to TVPC members — — — — (3,425 ) (3,425 ) Net income attributable to the partners — 14,203 8,718 1,687 3,599 28,207 Unit-based compensation expense — 680 — — — 680 Other — (4 ) (2 ) (1 ) — (7 ) Balance at March 31, 2017 $ — $ 244,274 $ (274,570 ) $ 1,687 $ 180,056 $ 151,447
Distributions Made to Unitholders	The allocation of total quarterly distributions to general and limited partners for the three months ended March 31, 2018 and 2017 , respectively, is shown in the table below. The Partnership’s distributions are declared subsequent to quarter end (distributions of $0.49 and $0.46 per unit declared for the three months ended March 31, 2018 and 2017, respectively); therefore, the table represents total distributions applicable to the period in which the distributions are earned: Three Months Ended March 31, 2018 2017 IDR - PBF LLC $ 2,959 $ 1,686 Limited partners’ distributions: Common 20,847 12,141 Subordinated - PBF LLC — 7,308 Total distributions 23,806 21,135 Total cash distributions (a) $ 23,582 $ 20,950 ____________________ (a) 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, 2018
Earnings Per Share [Abstract]
Summary of calculation of net income per unit	The following table shows the calculation of earnings less distributions: Three Months Ended March 31, 2018 Limited Partner Common Units IDRs - PBF LLC Total Net income attributable to the partners: Distributions declared $ 20,847 $ 2,959 $ 23,806 Earnings less distributions (2,571 ) — (2,571 ) Net income attributable to the partners $ 18,276 $ 2,959 $ 21,235 Weighted-average units outstanding - basic 42,129,377 Weighted-average units outstanding - diluted 42,236,092 Net income per limited partner unit - basic $ 0.43 Net income per limited partner unit - diluted $ 0.43 Three Months Ended March 31, 2017 Limited Partner Common Units Limited Partner Subordinated Units - PBF LLC IDRs - PBF LLC Total Net income attributable to the partners: Distributions declared $ 12,141 $ 7,308 $ 1,686 $ 21,135 Earnings less distributions 2,063 1,410 — 3,473 Net income attributable to the partners $ 14,204 $ 8,718 $ 1,686 $ 24,608 Weighted-average units outstanding - basic 26,042,248 15,886,553 Weighted-average units outstanding - diluted 26,127,441 15,886,553 Net income per limited partner unit - basic $ 0.55 $ 0.55 Net income per limited partner unit - diluted $ 0.55 $ 0.55

RELATED PARTY TRANSACTIONS SUMM

RELATED PARTY TRANSACTIONS SUMMARY OF TRANSACTIONS (Tables)	3 Months Ended
	Mar. 31, 2018
Related Party Transactions [Abstract]
Schedule of related party transactions	Three Months Ended March 31, 2018 2017 Revenues $ 60,864 $ 56,202 Operating and maintenance expenses 1,674 1,618 General and administrative expenses 1,700 1,654

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	3 Months Ended
	Mar. 31, 2018
Segment Reporting [Abstract]
Schedule of segment reporting	Three Months Ended March 31, 2018 Transportation and Terminaling Storage Corporate Consolidated Total Total revenue $ 56,970 $ 7,069 $ — $ 64,039 Depreciation and amortization expense 5,570 925 — 6,495 Income (loss) from operations 35,505 3,991 (4,291 ) 35,205 Interest expense, net and amortization of loan fees and debt premium — — 9,948 9,948 Capital expenditures 3,867 86 — 3,953 Three Months Ended March 31, 2017 Transportation and Terminaling Storage Corporate Consolidated Total Total revenue $ 54,939 $ 5,538 $ — $ 60,477 Depreciation and amortization expense 4,751 601 — 5,352 Income (loss) from operations 36,106 3,250 (3,315 ) 36,041 Interest expense, net and amortization of loan fees and debt premium — — 7,984 7,984 Capital expenditures 15,293 4,174 — 19,467 Balance at March 31, 2018 Transportation and Terminaling Storage Corporate Consolidated Total Total assets $ 640,095 $ 85,220 $ 3,165 $ 728,480 Balance at December 31, 2017 Transportation and Terminaling Storage Corporate Consolidated Total Total assets $ 639,310 $ 86,760 $ 11,480 $ 737,550

CONDENSED CONSOLIDATING FINAN26

CONDENSED CONSOLIDATING FINANCIAL STATEMENTS (Tables)	3 Months Ended
	Mar. 31, 2018
CONDENSED CONSOLIDATED FINANCIAL STATEMENTS [Abstract]
CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF LOGISTICS	CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF LOGISTICS DCLC, Delaware Pipeline Company LLC, Delaware City Terminaling Company LLC, Toledo Terminaling Company LLC, PLPT, PBFX Op Co, TVPC and PNGPC serve as guarantors of the obligations under the 2023 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 Corporation (“PBF Logistics Finance”), the guarantors party thereto and Deutsche Bank Trust Company Americas, as Trustee, governs subsidiaries designated as “Guarantor Subsidiaries.” In addition, PBF LLC provides a limited guarantee of collection of the principal amount of the 2023 Notes, but is not otherwise subject to the covenants of the Indenture. Refer to PBF LLC’s Quarterly Report on Form 10-Q for its condensed consolidated financial statements. The 2023 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. 12. CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF LOGISTICS CONDENSED CONSOLIDATING BALANCE SHEET March 31, 2018 Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Combining and Consolidating Adjustments Total ASSETS Current assets: Cash and cash equivalents $ 2,599 $ 19,410 $ — $ — $ 22,009 Accounts receivable - affiliates 24 32,457 — — 32,481 Accounts receivable — 1,308 — — 1,308 Prepaids and other current assets 541 1,850 — — 2,391 Due from related parties 69,403 423,221 — (492,624 ) — Total current assets 72,567 478,246 — (492,624 ) 58,189 Property, plant and equipment, net — 670,261 — — 670,261 Other non-current assets — 30 — — 30 Investment in subsidiaries 892,182 — — (892,182 ) — Total assets $ 964,749 $ 1,148,537 $ — $ (1,384,806 ) $ 728,480 LIABILITIES AND EQUITY Current liabilities: Accounts payable - affiliates $ 552 $ 4,816 $ — $ — $ 5,368 Accounts payable and accrued liabilities 17,624 8,365 — — 25,989 Deferred revenue — 843 — — 843 Due to related parties 423,221 69,403 — (492,624 ) — Total current liabilities 441,397 83,427 — (492,624 ) 32,200 Long-term debt 539,456 — — — 539,456 Other long-term liabilities — 2,003 — — 2,003 Total liabilities 980,853 85,430 — (492,624 ) 573,659 Commitments and contingencies (Note 8) Equity: Net Investment - Predecessor — 892,182 — (892,182 ) — Common unitholders (19,063 ) — — — (19,063 ) IDR holder - PBF LLC 2,959 — — — 2,959 Total PBF Logistics LP equity (16,104 ) 892,182 — (892,182 ) (16,104 ) Noncontrolling interest — 170,925 — — 170,925 Total equity (16,104 ) 1,063,107 — (892,182 ) 154,821 Total liabilities and equity $ 964,749 $ 1,148,537 $ — $ (1,384,806 ) $ 728,480 12. CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF LOGISTICS CONDENSED CONSOLIDATING BALANCE SHEET December 31, 2017 Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Combining and Consolidating Adjustments Total ASSETS Current assets: Cash and cash equivalents $ 10,909 $ 8,755 $ — $ — $ 19,664 Accounts receivable - affiliates 1 40,816 — — 40,817 Accounts receivable — 1,423 — — 1,423 Prepaids and other current assets 571 1,222 — — 1,793 Due from related parties 64,162 388,737 — (452,899 ) — Total current assets 75,643 440,953 — (452,899 ) 63,697 Property, plant and equipment, net — 673,823 — — 673,823 Other non-current assets — 30 — — 30 Investment in subsidiaries 856,257 — — (856,257 ) — Total assets $ 931,900 $ 1,114,806 $ — $ (1,309,156 ) $ 737,550 LIABILITIES AND EQUITY Current liabilities: Accounts payable - affiliates $ 2,022 $ 6,330 $ — $ — $ 8,352 Accounts payable and accrued liabilities 7,156 12,638 — — 19,794 Deferred revenue — 1,438 — — 1,438 Due to related parties 388,737 64,162 — (452,899 ) — Total current liabilities 397,915 84,568 — (452,899 ) 29,584 Long-term debt 548,793 — — — 548,793 Other long-term liabilities — 2,078 — — 2,078 Total liabilities 946,708 86,646 — (452,899 ) 580,455 Commitments and contingencies (Note 8) Equity: Net Investment - Predecessor — 856,257 — (856,257 ) — Common unitholders (17,544 ) — — — (17,544 ) IDR holder - PBF LLC 2,736 — — — 2,736 Total PBF Logistics LP equity (14,808 ) 856,257 — (856,257 ) (14,808 ) Noncontrolling interest — 171,903 — — 171,903 Total equity (14,808 ) 1,028,160 — (856,257 ) 157,095 Total liabilities and equity $ 931,900 $ 1,114,806 $ — $ (1,309,156 ) $ 737,550 12. CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF LOGISTICS CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS Three Months Ended March 31, 2018 Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Combining and Consolidating Adjustments Total Revenue: Affiliate $ — $ 60,864 $ — $ — $ 60,864 Third-party — 3,175 — — 3,175 Total revenue — 64,039 — — 64,039 Costs and expenses: Operating and maintenance expenses — 18,048 — — 18,048 General and administrative expenses 4,291 — — — 4,291 Depreciation and amortization — 6,495 — — 6,495 Total costs and expenses 4,291 24,543 — — 28,834 Income (loss) from operations (4,291 ) 39,496 — — 35,205 Other income (expense): Equity in earnings of subsidiaries 39,496 — — (39,496 ) — Interest expense, net (9,585 ) — — — (9,585 ) Amortization of loan fees and debt premium (363 ) — — — (363 ) Net income 25,257 39,496 — (39,496 ) 25,257 Less: Net income attributable to noncontrolling interest — 4,022 — — 4,022 Net income attributable to the partners 25,257 35,474 — (39,496 ) 21,235 Less: Net income attributable to the IDR holder 2,959 — — — 2,959 Net income attributable to PBF Logistics LP unitholders $ 22,298 $ 35,474 $ — $ (39,496 ) $ 18,276 12. CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF LOGISTICS CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS Three Months Ended March 31, 2017 Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Combining and Consolidating Adjustments Total Revenue: Affiliate $ — $ 56,202 $ — $ — $ 56,202 Third-party — 4,275 — — 4,275 Total revenue — 60,477 — — 60,477 Costs and expenses: Operating and maintenance expenses — 15,769 — — 15,769 General and administrative expenses 3,315 — — — 3,315 Depreciation and amortization — 5,352 — — 5,352 Total costs and expenses 3,315 21,121 — — 24,436 Income (loss) from operations (3,315 ) 39,356 — — 36,041 Other income (expense): Equity in earnings of subsidiaries 39,356 — — (39,356 ) — Interest expense, net (7,568 ) — — — (7,568 ) Amortization of loan fees (416 ) — — — (416 ) Net income 28,057 39,356 — (39,356 ) 28,057 Less: Net loss attributable to Predecessor — (150 ) — — (150 ) Less: Net income attributable to noncontrolling interest — 3,599 — — 3,599 Net income attributable to the partners 28,057 35,907 — (39,356 ) 24,608 Less: Net income attributable to the IDR holder 1,686 — — — 1,686 Net income attributable to PBF Logistics LP unitholders $ 26,371 $ 35,907 $ — $ (39,356 ) $ 22,922 12. CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF LOGISTICS CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS Three Months Ended March 31, 2018 Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Combining and Consolidating Adjustments Total Cash flows from operating activities: Net income $ 25,257 $ 39,496 $ — $ (39,496 ) $ 25,257 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization — 6,495 — — 6,495 Amortization of loan fees and debt premium 363 — — — 363 Unit-based compensation expense 834 — — — 834 Equity in earnings of subsidiaries (39,496 ) — — 39,496 — Changes in operating assets and liabilities: Accounts receivable - affiliates (23 ) 8,359 — — 8,336 Accounts receivable — 115 — — 115 Prepaids and other current assets 30 (628 ) — — (598 ) Accounts payable - affiliates (1,470 ) (1,514 ) — — (2,984 ) Accounts payable and accrued liabilities 10,172 (3,264 ) — — 6,908 Amounts due to (from) related parties 29,243 (29,243 ) — — — Deferred revenue — (595 ) — — (595 ) Other assets and liabilities — (75 ) — — (75 ) Net cash provided by operating activities 24,910 19,146 — — 44,056 Cash flows from investing activities: Expenditures for property, plant and equipment — (3,953 ) — — (3,953 ) Investment in subsidiaries (462 ) — — 462 — Net cash used in investing activities $ (462 ) $ (3,953 ) $ — $ 462 $ (3,953 ) 12. CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF LOGISTICS CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS (Continued) Three Months Ended March 31, 2018 Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Combining and Consolidating Adjustments Total Cash flows from financing activities: Distributions to unitholders $ (23,058 ) $ — $ — $ — $ (23,058 ) Contribution from parent — 462 — (462 ) — Distributions to TVPC members — (5,000 ) — — (5,000 ) Repayment of revolving credit facility (9,700 ) — — — (9,700 ) Net cash used in financing activities (32,758 ) (4,538 ) — (462 ) (37,758 ) Net change in cash and cash equivalents (8,310 ) 10,655 — — 2,345 Cash and cash equivalents at beginning of year 10,909 8,755 — — 19,664 Cash and cash equivalents at end of period $ 2,599 $ 19,410 $ — $ — $ 22,009 12. CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF LOGISTICS CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS Three Months Ended March 31, 2017 Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Combining and Consolidating Adjustments Total Cash flows from operating activities: Net income $ 28,057 $ 39,356 $ — $ (39,356 ) $ 28,057 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization — 5,352 — — 5,352 Amortization of loan fees 416 — — — 416 Unit-based compensation expense 680 — — — 680 Equity in earnings of subsidiaries (39,356 ) — — 39,356 — Changes in operating assets and liabilities: Accounts receivable - affiliates 90 7,770 — — 7,860 Accounts receivable — 2,472 — — 2,472 Prepaids and other current assets 110 (407 ) — — (297 ) Accounts payable - affiliates 2,802 (2,081 ) — — 721 Accounts payable and accrued liabilities 6,974 1,147 — — 8,121 Amounts due to (from) related parties 29,200 (29,200 ) — — — Deferred revenue — 246 — — 246 Other assets and liabilities (7 ) 176 — — 169 Net cash provided by operating activities 28,966 24,831 — — 53,797 Cash flows from investing activities: Expenditures for property, plant and equipment — (19,467 ) — — (19,467 ) Purchase of marketable securities (75,036 ) — — — (75,036 ) Maturities of marketable securities 75,006 — — — 75,006 Investment in subsidiaries (2,753 ) — — 2,753 — Net cash used in investing activities $ (2,783 ) $ (19,467 ) $ — $ 2,753 $ (19,497 ) 12. CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF LOGISTICS CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS (Continued) Three Months Ended March 31, 2017 Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Combining and Consolidating Adjustments Total Cash flows from financing activities: Distributions to unitholders $ (20,059 ) $ — $ — $ — $ (20,059 ) Distributions to TVPC members — (3,425 ) — — (3,425 ) Contribution from parent — 8,210 — (2,753 ) 5,457 Repayment of term loan (39,664 ) — — — (39,664 ) Net cash (used in) provided by financing activities (59,723 ) 4,785 — (2,753 ) (57,691 ) Net change in cash and cash equivalents (33,540 ) 10,149 — — (23,391 ) Cash and cash equivalents at beginning of year 52,133 12,088 — — 64,221 Cash and cash equivalents at end of period $ 18,593 $ 22,237 $ — $ — $ 40,830
Condensed Balance Sheet	March 31, 2018 Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Combining and Consolidating Adjustments Total ASSETS Current assets: Cash and cash equivalents $ 2,599 $ 19,410 $ — $ — $ 22,009 Accounts receivable - affiliates 24 32,457 — — 32,481 Accounts receivable — 1,308 — — 1,308 Prepaids and other current assets 541 1,850 — — 2,391 Due from related parties 69,403 423,221 — (492,624 ) — Total current assets 72,567 478,246 — (492,624 ) 58,189 Property, plant and equipment, net — 670,261 — — 670,261 Other non-current assets — 30 — — 30 Investment in subsidiaries 892,182 — — (892,182 ) — Total assets $ 964,749 $ 1,148,537 $ — $ (1,384,806 ) $ 728,480 LIABILITIES AND EQUITY Current liabilities: Accounts payable - affiliates $ 552 $ 4,816 $ — $ — $ 5,368 Accounts payable and accrued liabilities 17,624 8,365 — — 25,989 Deferred revenue — 843 — — 843 Due to related parties 423,221 69,403 — (492,624 ) — Total current liabilities 441,397 83,427 — (492,624 ) 32,200 Long-term debt 539,456 — — — 539,456 Other long-term liabilities — 2,003 — — 2,003 Total liabilities 980,853 85,430 — (492,624 ) 573,659 Commitments and contingencies (Note 8) Equity: Net Investment - Predecessor — 892,182 — (892,182 ) — Common unitholders (19,063 ) — — — (19,063 ) IDR holder - PBF LLC 2,959 — — — 2,959 Total PBF Logistics LP equity (16,104 ) 892,182 — (892,182 ) (16,104 ) Noncontrolling interest — 170,925 — — 170,925 Total equity (16,104 ) 1,063,107 — (892,182 ) 154,821 Total liabilities and equity $ 964,749 $ 1,148,537 $ — $ (1,384,806 ) $ 728,480 12. CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF LOGISTICS CONDENSED CONSOLIDATING BALANCE SHEET December 31, 2017 Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Combining and Consolidating Adjustments Total ASSETS Current assets: Cash and cash equivalents $ 10,909 $ 8,755 $ — $ — $ 19,664 Accounts receivable - affiliates 1 40,816 — — 40,817 Accounts receivable — 1,423 — — 1,423 Prepaids and other current assets 571 1,222 — — 1,793 Due from related parties 64,162 388,737 — (452,899 ) — Total current assets 75,643 440,953 — (452,899 ) 63,697 Property, plant and equipment, net — 673,823 — — 673,823 Other non-current assets — 30 — — 30 Investment in subsidiaries 856,257 — — (856,257 ) — Total assets $ 931,900 $ 1,114,806 $ — $ (1,309,156 ) $ 737,550 LIABILITIES AND EQUITY Current liabilities: Accounts payable - affiliates $ 2,022 $ 6,330 $ — $ — $ 8,352 Accounts payable and accrued liabilities 7,156 12,638 — — 19,794 Deferred revenue — 1,438 — — 1,438 Due to related parties 388,737 64,162 — (452,899 ) — Total current liabilities 397,915 84,568 — (452,899 ) 29,584 Long-term debt 548,793 — — — 548,793 Other long-term liabilities — 2,078 — — 2,078 Total liabilities 946,708 86,646 — (452,899 ) 580,455 Commitments and contingencies (Note 8) Equity: Net Investment - Predecessor — 856,257 — (856,257 ) — Common unitholders (17,544 ) — — — (17,544 ) IDR holder - PBF LLC 2,736 — — — 2,736 Total PBF Logistics LP equity (14,808 ) 856,257 — (856,257 ) (14,808 ) Noncontrolling interest — 171,903 — — 171,903 Total equity (14,808 ) 1,028,160 — (856,257 ) 157,095 Total liabilities and equity $ 931,900 $ 1,114,806 $ — $ (1,309,156 ) $ 737,550
Condensed Statement of Operations	Three Months Ended March 31, 2018 Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Combining and Consolidating Adjustments Total Revenue: Affiliate $ — $ 60,864 $ — $ — $ 60,864 Third-party — 3,175 — — 3,175 Total revenue — 64,039 — — 64,039 Costs and expenses: Operating and maintenance expenses — 18,048 — — 18,048 General and administrative expenses 4,291 — — — 4,291 Depreciation and amortization — 6,495 — — 6,495 Total costs and expenses 4,291 24,543 — — 28,834 Income (loss) from operations (4,291 ) 39,496 — — 35,205 Other income (expense): Equity in earnings of subsidiaries 39,496 — — (39,496 ) — Interest expense, net (9,585 ) — — — (9,585 ) Amortization of loan fees and debt premium (363 ) — — — (363 ) Net income 25,257 39,496 — (39,496 ) 25,257 Less: Net income attributable to noncontrolling interest — 4,022 — — 4,022 Net income attributable to the partners 25,257 35,474 — (39,496 ) 21,235 Less: Net income attributable to the IDR holder 2,959 — — — 2,959 Net income attributable to PBF Logistics LP unitholders $ 22,298 $ 35,474 $ — $ (39,496 ) $ 18,276 12. CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF LOGISTICS CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS Three Months Ended March 31, 2017 Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Combining and Consolidating Adjustments Total Revenue: Affiliate $ — $ 56,202 $ — $ — $ 56,202 Third-party — 4,275 — — 4,275 Total revenue — 60,477 — — 60,477 Costs and expenses: Operating and maintenance expenses — 15,769 — — 15,769 General and administrative expenses 3,315 — — — 3,315 Depreciation and amortization — 5,352 — — 5,352 Total costs and expenses 3,315 21,121 — — 24,436 Income (loss) from operations (3,315 ) 39,356 — — 36,041 Other income (expense): Equity in earnings of subsidiaries 39,356 — — (39,356 ) — Interest expense, net (7,568 ) — — — (7,568 ) Amortization of loan fees (416 ) — — — (416 ) Net income 28,057 39,356 — (39,356 ) 28,057 Less: Net loss attributable to Predecessor — (150 ) — — (150 ) Less: Net income attributable to noncontrolling interest — 3,599 — — 3,599 Net income attributable to the partners 28,057 35,907 — (39,356 ) 24,608 Less: Net income attributable to the IDR holder 1,686 — — — 1,686 Net income attributable to PBF Logistics LP unitholders $ 26,371 $ 35,907 $ — $ (39,356 ) $ 22,922
Condensed Cash Flow Statement	12. CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF LOGISTICS CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS Three Months Ended March 31, 2018 Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Combining and Consolidating Adjustments Total Cash flows from operating activities: Net income $ 25,257 $ 39,496 $ — $ (39,496 ) $ 25,257 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization — 6,495 — — 6,495 Amortization of loan fees and debt premium 363 — — — 363 Unit-based compensation expense 834 — — — 834 Equity in earnings of subsidiaries (39,496 ) — — 39,496 — Changes in operating assets and liabilities: Accounts receivable - affiliates (23 ) 8,359 — — 8,336 Accounts receivable — 115 — — 115 Prepaids and other current assets 30 (628 ) — — (598 ) Accounts payable - affiliates (1,470 ) (1,514 ) — — (2,984 ) Accounts payable and accrued liabilities 10,172 (3,264 ) — — 6,908 Amounts due to (from) related parties 29,243 (29,243 ) — — — Deferred revenue — (595 ) — — (595 ) Other assets and liabilities — (75 ) — — (75 ) Net cash provided by operating activities 24,910 19,146 — — 44,056 Cash flows from investing activities: Expenditures for property, plant and equipment — (3,953 ) — — (3,953 ) Investment in subsidiaries (462 ) — — 462 — Net cash used in investing activities $ (462 ) $ (3,953 ) $ — $ 462 $ (3,953 ) 12. CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF LOGISTICS CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS (Continued) Three Months Ended March 31, 2018 Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Combining and Consolidating Adjustments Total Cash flows from financing activities: Distributions to unitholders $ (23,058 ) $ — $ — $ — $ (23,058 ) Contribution from parent — 462 — (462 ) — Distributions to TVPC members — (5,000 ) — — (5,000 ) Repayment of revolving credit facility (9,700 ) — — — (9,700 ) Net cash used in financing activities (32,758 ) (4,538 ) — (462 ) (37,758 ) Net change in cash and cash equivalents (8,310 ) 10,655 — — 2,345 Cash and cash equivalents at beginning of year 10,909 8,755 — — 19,664 Cash and cash equivalents at end of period $ 2,599 $ 19,410 $ — $ — $ 22,009 12. CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF LOGISTICS CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS Three Months Ended March 31, 2017 Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Combining and Consolidating Adjustments Total Cash flows from operating activities: Net income $ 28,057 $ 39,356 $ — $ (39,356 ) $ 28,057 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization — 5,352 — — 5,352 Amortization of loan fees 416 — — — 416 Unit-based compensation expense 680 — — — 680 Equity in earnings of subsidiaries (39,356 ) — — 39,356 — Changes in operating assets and liabilities: Accounts receivable - affiliates 90 7,770 — — 7,860 Accounts receivable — 2,472 — — 2,472 Prepaids and other current assets 110 (407 ) — — (297 ) Accounts payable - affiliates 2,802 (2,081 ) — — 721 Accounts payable and accrued liabilities 6,974 1,147 — — 8,121 Amounts due to (from) related parties 29,200 (29,200 ) — — — Deferred revenue — 246 — — 246 Other assets and liabilities (7 ) 176 — — 169 Net cash provided by operating activities 28,966 24,831 — — 53,797 Cash flows from investing activities: Expenditures for property, plant and equipment — (19,467 ) — — (19,467 ) Purchase of marketable securities (75,036 ) — — — (75,036 ) Maturities of marketable securities 75,006 — — — 75,006 Investment in subsidiaries (2,753 ) — — 2,753 — Net cash used in investing activities $ (2,783 ) $ (19,467 ) $ — $ 2,753 $ (19,497 ) 12. CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF LOGISTICS CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS (Continued) Three Months Ended March 31, 2017 Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Combining and Consolidating Adjustments Total Cash flows from financing activities: Distributions to unitholders $ (20,059 ) $ — $ — $ — $ (20,059 ) Distributions to TVPC members — (3,425 ) — — (3,425 ) Contribution from parent — 8,210 — (2,753 ) 5,457 Repayment of term loan (39,664 ) — — — (39,664 ) Net cash (used in) provided by financing activities (59,723 ) 4,785 — (2,753 ) (57,691 ) Net change in cash and cash equivalents (33,540 ) 10,149 — — (23,391 ) Cash and cash equivalents at beginning of year 52,133 12,088 — — 64,221 Cash and cash equivalents at end of period $ 18,593 $ 22,237 $ — $ — $ 40,830

DESCRIPTION OF THE BUSINESS A27

DESCRIPTION OF THE BUSINESS AND BASIS OF PRESENTATION (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2018
Limited Partners' Capital Account [Line Items]
Payments to Acquire Property, Plant, and Equipment	$ 19,467
PBF Energy [Member] | PBF LLC [Member]
Limited Partners' Capital Account [Line Items]
Percentage of total economic interest		97.20%
Limited Partner, Affiliate [Member] | PBF LLC [Member]
Limited Partners' Capital Account [Line Items]
Limited partner interest percentage		44.10%
Limited Partner, Public [Member]
Limited Partners' Capital Account [Line Items]
Limited partner interest percentage		55.90%
Common Units [Member] | Limited Partner, Affiliate [Member] | PBF LLC [Member]
Limited Partners' Capital Account [Line Items]
Units owned		18,459,497

REVENUES (Details)

REVENUES (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2018USD ($)segment	Mar. 31, 2017USD ($)	Dec. 31, 2017USD ($)
Number of Operating Segments | segment	2
Revenue, Net	$ 64,039	$ 60,477
Contract Receivable, Due in Next Twelve Months		158,461
Contract Receivable, Due in Year Two		205,554
Contract Receivable, Due in Year Three		205,421
Contract Receivable, Due in Year Four		204,901
Contract Receivable, Due in Year Five		123,445
Contract Receivable, Due after Year Five		447,547
Contract Receivable		1,345,329
Operating Leases, Income Statement, Lease Revenue	29,075
Deferred revenue	843		$ 1,438
Transportation And Terminaling Segment [Member]
Revenue, Net	56,970	54,939
Storage Segment [Member]
Revenue, Net	7,069	5,538
Terminaling Service [Member] | Transportation And Terminaling Segment [Member]
Revenue, Net	27,051	30,678
Pipeline Service [Member] | Transportation And Terminaling Segment [Member]
Revenue, Net	18,489	15,898
Other Services [Member] | Transportation And Terminaling Segment [Member]
Revenue, Net	11,430	8,363
Other Services [Member] | Storage Segment [Member]
Revenue, Net	0	0
Storage Service [Member] | Storage Segment [Member]
Revenue, Net	$ 7,069	$ 5,538

ACQUISITIONS (Details)

ACQUISITIONS (Details) - USD ($) $ in Thousands	Feb. 28, 2017	Mar. 31, 2018	Mar. 31, 2017
Business Acquisition [Line Items]
Payments to Acquire Property, Plant, and Equipment			$ 19,467
Acquisition related costs		$ 483
Paulsboro Natural Gas Pipeline Company LLC [Member]
Business Acquisition [Line Items]
Payments to Acquire Property, Plant, and Equipment	$ 11,600
Entities Under Common Control, Assets Received, Value	$ 11,538

PROPERTY, PLANT AND EQUIPMENT30

PROPERTY, PLANT AND EQUIPMENT, NET (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 731,106	$ 728,173
Accumulated depreciation	(60,845)	(54,350)
Property, plant and equipment, net	670,261	673,823
Land [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	99,707	99,707
Terminals and equipment [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	200,962	200,630
Storage Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	89,836	89,417
Pipelines [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	333,937	333,609
Construction in progress [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 6,664	$ 4,810

DEBT - Outstanding amounts (Det

DEBT - Outstanding amounts (Details) - USD ($)	3 Months Ended
	Mar. 31, 2018	Dec. 31, 2017
Debt Instrument [Line Items]
Total debt outstanding	$ 545,000,000	$ 554,700,000
Unamortized debt issuance costs	(8,783,000)	(9,281,000)
Debt Instrument, Unamortized Premium	3,239,000	3,374,000
Net carrying value of debt	539,456,000	548,793,000
Long-term debt	$ 539,456,000	548,793,000
Senior Notes [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	6.875%
Total debt outstanding	$ 525,000,000	525,000,000
Revolving Credit Facility [Member] | Line of Credit [Member]
Debt Instrument [Line Items]
Total debt outstanding	20,000,000	$ 29,700,000
Line of credit, outstanding	4,010,000
Remaining borrowing capacity	$ 335,990,000
Debt instrument term	5 years
Maximum borrowing capacity	$ 360,000,000

DEBT (Details)

DEBT (Details) - USD ($)	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
Debt Instrument [Line Items]
Maturities of marketable securities	$ 0	$ 75,006,000
Repayment of term loan	0	$ 39,664,000
Debt Instrument, Fair Value Disclosure	554,177,000		$ 573,818,000
Total debt outstanding	545,000,000		554,700,000
Senior Secured Notes [Member]
Debt Instrument [Line Items]
Debt Instrument, Fair Value Disclosure	$ 534,177,000		544,118,000
Senior Secured Revolving Credit Facility [Member] | Line of Credit [Member]
Debt Instrument [Line Items]
Debt instrument term	5 years
Maximum borrowing capacity	$ 360,000,000
Line of credit, outstanding	4,010,000
Total debt outstanding	$ 20,000,000		$ 29,700,000

EQUITY (Details)

EQUITY (Details) - USD ($) $ / shares in Units, $ in Thousands	Feb. 28, 2018	Jun. 01, 2017	Aug. 31, 2016	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017	Dec. 31, 2016
Increase (Decrease) in Partners' Capital [Roll Forward]
Beginning balance				$ 157,095	$ 152,571
Net loss attributable to PNGPC				0	(150)
Contributions to PNGPC					5,457
Allocation of PNGPC assets acquired to unitholders					0
Distributions to PBF LLC related to the PNGPC Acquisition					(11,600)
Quarterly distributions to unitholders (including IDRs)				(23,354)	(20,286)
Distributions declared				(23,806)	(21,135)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest				25,257	28,207
Contributions from PBF LLC				0
Unit-based compensation expense				834	680
Ending balance				154,821
Cash distribution	$ 23,058
Cash distribution (in dollars per share)	$ 485
TVPC [Member]
Increase (Decrease) in Partners' Capital [Roll Forward]
Distributions declared				$ (5,000)
PBF LLC [Member]
Increase (Decrease) in Partners' Capital [Roll Forward]
Distributions declared					(3,425)
General Partner [Member]
Increase (Decrease) in Partners' Capital [Roll Forward]
Beginning balance					6,231
Net loss attributable to PNGPC					150
Contributions to PNGPC					5,457
Allocation of PNGPC assets acquired to unitholders					(11,538)
Distributions to PBF LLC related to the PNGPC Acquisition					0
Quarterly distributions to unitholders (including IDRs)					0
Distributions declared					0
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest					0
Unit-based compensation expense					0
Other					0
Ending balance					$ 0
Limited Partner, Public [Member]
Capital Unit [Line Items]
Limited partner interest percentage				55.90%
Increase (Decrease) in Partners' Capital [Roll Forward]
Cash distribution	$ 11,369
Limited Partner, Affiliate [Member] | PBF LLC [Member]
Increase (Decrease) in Partners' Capital [Roll Forward]
Cash distribution	$ 11,689
Common Units [Member]
Capital Unit [Line Items]
Common units outstanding				41,900,708	25,876,472	41,900,708	25,844,118
Increase (Decrease) in Partners' Capital [Roll Forward]
Distributions declared				$ (20,847)	$ (12,141)
Common Units [Member] | Public Unit Holders [Member]
Capital Unit [Line Items]
Units owned				23,441,211
Common Units [Member] | Limited Partner, Public [Member]
Increase (Decrease) in Partners' Capital [Roll Forward]
Contributions from PBF LLC				$ 0
Common Units [Member] | Limited Partner, Affiliate [Member] | PBF LLC [Member]
Capital Unit [Line Items]
Units owned				18,459,497
Common Units [Member] | Limited Partner [Member]
Increase (Decrease) in Partners' Capital [Roll Forward]
Beginning balance				$ (17,544)	241,275
Net loss attributable to PNGPC					0
Contributions to PNGPC					0
Allocation of PNGPC assets acquired to unitholders					11,592
Distributions to PBF LLC related to the PNGPC Acquisition					(11,600)
Quarterly distributions to unitholders (including IDRs)				(20,618)	11,872
Distributions declared				0	0
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest				18,276	14,203
Unit-based compensation expense				834	680
Other					(4)
Ending balance				(19,063)	$ 244,274
Subordinated Units [Member] | PBF LLC [Member]
Capital Unit [Line Items]
Common units outstanding					15,886,553		15,886,553
Increase (Decrease) in Partners' Capital [Roll Forward]
Beginning balance					$ (276,083)
Net loss attributable to PNGPC					0
Contributions to PNGPC					0
Allocation of PNGPC assets acquired to unitholders					(54)
Distributions to PBF LLC related to the PNGPC Acquisition					0
Quarterly distributions to unitholders (including IDRs)					(7,149)
Distributions declared					0
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest					8,718
Unit-based compensation expense					0
Other					(1)
Ending balance					$ 1,687
Shares, Issued					0
Subordinated Units [Member] | Limited Partner, Affiliate [Member] | PBF LLC [Member]
Increase (Decrease) in Partners' Capital [Roll Forward]
Other					$ (2)
Ending balance					(274,570)
Limited Partner, Subordinated Units [Member]
Capital Unit [Line Items]
Partners' Capital Account, Units, Converted		15,886,553
Increase (Decrease) in Partners' Capital [Roll Forward]
Distributions declared				0	(7,308)
Incentive Distribution Rights [Member] | PBF LLC [Member]
Increase (Decrease) in Partners' Capital [Roll Forward]
Beginning balance				2,736	1,266
Net loss attributable to PNGPC					0
Contributions to PNGPC					0
Allocation of PNGPC assets acquired to unitholders					0
Distributions to PBF LLC related to the PNGPC Acquisition					0
Quarterly distributions to unitholders (including IDRs)				(2,736)	(1,265)
Distributions declared				0	0
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest				2,959	1,687
Contributions from PBF LLC				0
Unit-based compensation expense				0	0
Other					0
Ending balance				2,959	180,056
Noncontrolling Interest [Member] | PBF LLC [Member]
Increase (Decrease) in Partners' Capital [Roll Forward]
Beginning balance				171,903	179,882
Net loss attributable to PNGPC					0
Contributions to PNGPC					0
Allocation of PNGPC assets acquired to unitholders					0
Distributions to PBF LLC related to the PNGPC Acquisition					0
Quarterly distributions to unitholders (including IDRs)				0	0
Distributions declared				(5,000)	(3,425)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest				4,022	3,599
Contributions from PBF LLC				0
Unit-based compensation expense				0	0
Other					(7)
Ending balance				$ 170,925	$ 151,447
Torrance Valley Pipeline Company LLC [Member]
Increase (Decrease) in Partners' Capital [Roll Forward]
Variable Interest Entity, Qualitative or Quantitative Information, Ownership Percentage			50.00%
Noncontrolling Interest in Variable Interest Entity			50.00%
PBF LLC [Member] | Limited Partner, Affiliate [Member]
Capital Unit [Line Items]
Limited partner interest percentage				44.10%
Phantom Unit Award [Member] | Common Units [Member] | Limited Partner [Member]
Capital Unit [Line Items]
Shares, Issued							217,171
Increase (Decrease) in Partners' Capital [Roll Forward]
Shares, Issued				0	32,354

EQUITY CASH DISTRIBUTIONS (Deta

EQUITY CASH DISTRIBUTIONS (Details) - USD ($) $ / shares in Units, $ in Thousands	Feb. 28, 2018	Mar. 31, 2018	Mar. 31, 2017
Distribution Made to Limited Partner [Line Items]
Cash distribution	$ 23,058
Distributions declared		$ 23,806	$ 21,135
Cash distribution (in dollars per share)	$ 485
Cash distributions paid per unit (in dollars per share)		$ 0.49	$ 0.46
Cash Distribution [Member]
Distribution Made to Limited Partner [Line Items]
Distributions declared		$ 23,582	$ 20,950
Incentive Distribution Rights - PBF LLC [Member]
Distribution Made to Limited Partner [Line Items]
Distributions declared		2,959	1,686
Common Units [Member]
Distribution Made to Limited Partner [Line Items]
Distributions declared		20,847	12,141
Limited Partner, Subordinated Units [Member]
Distribution Made to Limited Partner [Line Items]
Distributions declared		$ 0	7,308
PBF LLC [Member]
Distribution Made to Limited Partner [Line Items]
Distributions declared			$ 3,425
Limited Partner, Public [Member]
Distribution Made to Limited Partner [Line Items]
Cash distribution	$ 11,369
Limited Partner, Affiliate [Member] | PBF LLC [Member]
Distribution Made to Limited Partner [Line Items]
Cash distribution	$ 11,689

NET INCOME PER UNIT (Details)

NET INCOME PER UNIT (Details) - USD ($) $ / shares in Units, $ in Thousands	Jun. 01, 2017	Mar. 31, 2018	Mar. 31, 2017
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Net Income (loss)		$ 25,257	$ 28,057
Distributions declared		23,806	21,135
Earnings less distributions		(2,571)	3,473
Net income attributable to the partners		$ 21,235	$ 24,608
Weighted-average units outstanding - basic (in shares)		42,129,377	26,042,248
Weighted-average units outstanding - diluted (in shares)		42,236,092	26,127,441
Net income per limited partner unit - basic (in dollars per share)		$ 0.43	$ 0.55
Net income per limited partner unit - diluted (in dollars per share)		$ 0.43	$ 0.55
Phantom Unit Award [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount		0	0
Common Units [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Distributions declared		$ 20,847	$ 12,141
Earnings less distributions		(2,571)	2,063
Net income attributable to the partners		18,276	14,204
Limited Partner, Subordinated Units [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Distributions declared		0	7,308
Earnings less distributions			1,410
Net income attributable to the partners			$ 8,718
Weighted-average units outstanding - basic (in shares)			15,886,553
Weighted-average units outstanding - diluted (in shares)			15,886,553
Net income per limited partner unit - basic (in dollars per share)			$ 0.55
Net income per limited partner unit - diluted (in dollars per share)			$ 0.55
Partners' Capital Account, Units, Converted	15,886,553
Incentive Distribution Rights - PBF LLC [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Distributions declared		2,959	$ 1,686
Earnings less distributions		0	0
Net income attributable to the partners		2,959	1,686
Limited Partner [Member] | Common Units [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Distributions declared		$ 0	0
PBF LLC [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Distributions declared			$ 3,425

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details)	Mar. 05, 2018USD ($)	Mar. 10, 2017USD ($)	Jan. 13, 2017group	Mar. 01, 2011	Mar. 31, 2018USD ($)terminalbbl / d	Dec. 31, 2014locationgallonshipment	Dec. 31, 2017USD ($)	Aug. 31, 2016
Loss Contingencies [Line Items]
Barrels per day of ethanol loading | bbl / d					10,000
Number of Loading Arms					4
Number Of Days Barge Shipments Made						15 days
Environmental Remediation Contingency [Domain] | DNREC [Member] | Pending Litigation [Member]
Loss Contingencies [Line Items]
Loss Contingency, Damages Sought, Value	$ 100,000	$ 150,000
Number Of Barge Shipments | shipment						17
Number Of Gallons Of Crude Oil | gallon						35,700,000
Number Of Violated Locations | location						3
Environmental Issue [Member]
Loss Contingencies [Line Items]
Accrual for Environmental Loss Contingencies					$ 1,846,000		$ 1,923,000
Accrual for Environmental Loss Contingencies, Discount Rate					1.83%
Accrual For Environmental Loss Contingencies, Expected Future Payments					$ 1,250,000
Accrual For Environmental Loss Contingencies, Expected Payment Period					5 years
Loss Contingency, Number Of Environmental Groups Appealing Permits | group			2
Sunoco, Inc. [Member] | Environmental Issue [Member]
Loss Contingencies [Line Items]
Loss Contingency Accrual, Insurance-Related Assessment, Expiration Of Liability Period				20 years
PBF Logistics Products Terminals LLC [Member] | Environmental Issue [Member]
Loss Contingencies [Line Items]
Accrual for Environmental Loss Contingencies, Gross					$ 2,002,000
Torrance Valley Pipeline Company LLC [Member] | Environmental Issue [Member]
Loss Contingencies [Line Items]
Accrual for Environmental Loss Contingencies					236,000		$ 256,000
Maximum [Member]
Loss Contingencies [Line Items]
Accrual For Environmental Loss Contingencies, Expected Future Payments					$ 250,000
Maximum [Member] | Environmental Issue [Member]
Loss Contingencies [Line Items]
Accrual For Environmental Loss Contingencies, Expected Payment Period					10 years
Plains All American Pipeline, L.P. [Member]
Loss Contingencies [Line Items]
Number Of Refined Product Terminals Acquired | terminal					4
Torrance Valley Pipeline Company LLC [Member] | PBF LLC [Member]
Loss Contingencies [Line Items]
Noncontrolling Interest, Ownership Percentage by Parent								50.00%

RELATED PARTY TRANSACTIONS SU37

RELATED PARTY TRANSACTIONS SUMMARY OF TRANSACTION (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
SUMMARY OF TRANSACTIONS [Abstract]
Affiliate	$ 60,864	$ 56,202
Operating and maintenance expenses	1,674	1,618
General and administrative expenses	$ 1,700	$ 1,654

SEGMENT INFORMATION (Details)

SEGMENT INFORMATION (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2018USD ($)segment	Mar. 31, 2017USD ($)	Dec. 31, 2017USD ($)
Segment Reporting Information [Line Items]
Reportable segments | segment	2
Total revenue	$ 64,039	$ 60,477
Depreciation and amortization	6,495	5,352
Income (loss) from operations	35,205	36,041
Interest expense, net and amortization of loan fees	9,948	7,984
Capital expenditures	3,953	19,467
Total assets	728,480		$ 737,550
Terminaling Segment [Member]
Segment Reporting Information [Line Items]
Total revenue	56,970	54,939
Depreciation and amortization	5,570	4,751
Income (loss) from operations	35,505	36,106
Interest expense, net and amortization of loan fees	0	0
Capital expenditures	3,867	15,293
Total assets	640,095		639,310
Storage Segment [Member]
Segment Reporting Information [Line Items]
Total revenue	7,069	5,538
Depreciation and amortization	925	601
Income (loss) from operations	3,991	3,250
Interest expense, net and amortization of loan fees	0	0
Capital expenditures	86	4,174
Total assets	85,220		86,760
Corporate, Non-Segment [Member]
Segment Reporting Information [Line Items]
Total revenue	0	0
Depreciation and amortization	0	0
Income (loss) from operations	(4,291)	(3,315)
Interest expense, net and amortization of loan fees	9,948	7,984
Capital expenditures	0	$ 0
Total assets	$ 3,165		$ 11,480

SUBSEQUENT EVENTS Subsequent ev

SUBSEQUENT EVENTS Subsequent event (Details) - Subsequent Event [Member] $ / shares in Units, $ in Thousands	May 03, 2018$ / shares	Apr. 16, 2018USD ($)terminal
Subsequent Event [Line Items]
Cash distribution (in dollars per share) | $ / shares	$ 0.49
Number Of Refined Product Terminals Acquired | terminal		2
Cummins Terminal [Member]
Subsequent Event [Line Items]
Business Combination, Consideration Transferred, Initial Estimate | $		$ 58,000

CONDENSED CONSOLIDATING FINAN40

CONDENSED CONSOLIDATING FINANCIAL STATEMENTS CONDENSED CONSOLIDATING BALANCE SHEET (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017	Mar. 31, 2017	Dec. 31, 2016
Cash and cash equivalents	$ 22,009	$ 19,664	$ 40,830	$ 64,221
Due from Affiliates	0	0
Prepaids and other current assets	2,391	1,793
Due from Related Parties, Current	32,481	40,817
Accounts receivable	1,308	1,423
Total current assets	58,189	63,697
Property, plant and equipment, net	670,261	673,823
Other non-current assets	30	30
Investment in subsidiaries	0	0
Total assets	728,480	737,550
Accounts payable - affiliates	5,368	8,352
Due to Affiliate	0	0
Accounts payable and accrued liabilities	25,989	19,794
Deferred revenue	(843)	(1,438)
Total current liabilities	32,200	29,584
Long-term debt	539,456	548,793
Other long-term liabilities	2,003	2,078
Total liabilities	573,659	580,455
Net Investment - Predecessor	0	0
Total PBF Logistics LP equity	(16,104)	(14,808)
Noncontrolling interest	170,925	171,903
Total equity	154,821	157,095		152,571
Total liabilities and equity	728,480	737,550
Incentive Distribution Rights [Member]
Total PBF Logistics LP equity		2,736
Incentive Distribution Rights [Member] | PBF LLC [Member]
Total PBF Logistics LP equity	2,959	2,736
Total equity	2,959	2,736	180,056	1,266
Subordinated Units [Member] | PBF LLC [Member]
Total equity			1,687	(276,083)
Subordinated Units [Member] | Limited Partner, Affiliate [Member] | PBF LLC [Member]
Total equity			(274,570)
Common Units [Member]
Total PBF Logistics LP equity	(19,063)	(17,544)
Operating Segments [Member] | Non-Guarantor Subsidiaries [Member]
Cash and cash equivalents	0	0	0	0
Due from Affiliates	0	0
Prepaids and other current assets	0	0
Due from Related Parties, Current	0	0
Accounts receivable	0	0
Total current assets	0	0
Property, plant and equipment, net	0	0
Other non-current assets	0	0
Investment in subsidiaries	0	0
Total assets	0	0
Accounts payable - affiliates	0	0
Due to Affiliate	0	0
Accounts payable and accrued liabilities	0	0
Deferred revenue	0	0
Total current liabilities	0	0
Long-term debt	0	0
Other long-term liabilities	0	0
Total liabilities	0	0
Net Investment - Predecessor	0	0
Total PBF Logistics LP equity	0	0
Noncontrolling interest	0	0
Total equity	0	0
Total liabilities and equity	0	0
Operating Segments [Member] | Guarantor Subsidiaries [Member]
Cash and cash equivalents	19,410	8,755	22,237	12,088
Due from Affiliates	423,221	388,737
Prepaids and other current assets	1,850	1,222
Due from Related Parties, Current	32,457	40,816
Accounts receivable	1,308	1,423
Total current assets	478,246	440,953
Property, plant and equipment, net	670,261	673,823
Other non-current assets	30	30
Investment in subsidiaries	0	0
Total assets	1,148,537	1,114,806
Accounts payable - affiliates	4,816	6,330
Due to Affiliate	69,403	64,162
Accounts payable and accrued liabilities	8,365	12,638
Deferred revenue	(843)	(1,438)
Total current liabilities	83,427	84,568
Long-term debt	0	0
Other long-term liabilities	2,003	2,078
Total liabilities	85,430	86,646
Net Investment - Predecessor	892,182	856,257
Total PBF Logistics LP equity	892,182	856,257
Noncontrolling interest	170,925	171,903
Total equity	1,063,107	1,028,160
Total liabilities and equity	1,148,537	1,114,806
Operating Segments [Member] | Subsidiary Issuer [Member]
Cash and cash equivalents	2,599	10,909	18,593	52,133
Due from Affiliates	69,403	64,162
Prepaids and other current assets	541	571
Due from Related Parties, Current	24	1
Accounts receivable	0	0
Total current assets	72,567	75,643
Property, plant and equipment, net	0	0
Other non-current assets	0	0
Investment in subsidiaries	892,182	856,257
Total assets	964,749	931,900
Accounts payable - affiliates	552	2,022
Due to Affiliate	423,221	388,737
Accounts payable and accrued liabilities	17,624	7,156
Deferred revenue	0	0
Total current liabilities	441,397	397,915
Long-term debt	539,456	548,793
Other long-term liabilities	0	0
Total liabilities	980,853	946,708
Net Investment - Predecessor	0	0
Total PBF Logistics LP equity	(16,104)	(14,808)
Noncontrolling interest	0	0
Total equity	(16,104)	(14,808)
Total liabilities and equity	964,749	931,900
Operating Segments [Member] | Incentive Distribution Rights [Member] | Non-Guarantor Subsidiaries [Member]
Total PBF Logistics LP equity	0	0
Operating Segments [Member] | Incentive Distribution Rights [Member] | Guarantor Subsidiaries [Member]
Total PBF Logistics LP equity	0	0
Operating Segments [Member] | Incentive Distribution Rights [Member] | Subsidiary Issuer [Member]
Total PBF Logistics LP equity	2,959	2,736
Operating Segments [Member] | Common Units [Member] | Non-Guarantor Subsidiaries [Member]
Total PBF Logistics LP equity	0	0
Operating Segments [Member] | Common Units [Member] | Guarantor Subsidiaries [Member]
Total PBF Logistics LP equity	0	0
Operating Segments [Member] | Common Units [Member] | Subsidiary Issuer [Member]
Total PBF Logistics LP equity	(19,063)	(17,544)
Consolidation, Eliminations [Member]
Cash and cash equivalents	0	0	$ 0	$ 0
Due from Affiliates	(492,624)	(452,899)
Prepaids and other current assets	0	0
Due from Related Parties, Current	0	0
Accounts receivable	0	0
Total current assets	(492,624)	(452,899)
Property, plant and equipment, net	0	0
Other non-current assets	0	0
Investment in subsidiaries	(892,182)	(856,257)
Total assets	(1,384,806)	(1,309,156)
Accounts payable - affiliates	0	0
Due to Affiliate	(492,624)	(452,899)
Accounts payable and accrued liabilities	0	0
Deferred revenue	0	0
Total current liabilities	(492,624)	(452,899)
Long-term debt	0	0
Other long-term liabilities	0	0
Total liabilities	(492,624)	(452,899)
Net Investment - Predecessor	(892,182)	(856,257)
Total PBF Logistics LP equity	(892,182)	(856,257)
Noncontrolling interest	0	0
Total equity	(892,182)	(856,257)
Total liabilities and equity	(1,384,806)	(1,309,156)
Consolidation, Eliminations [Member] | Incentive Distribution Rights [Member]
Total PBF Logistics LP equity	0	0
Consolidation, Eliminations [Member] | Common Units [Member]
Total PBF Logistics LP equity	$ 0	$ 0

CONDENSED CONSOLIDATING FINAN41

CONDENSED CONSOLIDATING FINANCIAL STATEMENTS CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Affiliate	$ 60,864	$ 56,202
Third-party	3,175	4,275
Total revenue	64,039	60,477
Operating and maintenance expenses	18,048	15,769
General and administrative expenses	4,291	3,315
Depreciation and amortization	6,495	5,352
Total costs and expenses	28,834	24,436
Income from operations	35,205	36,041
Equity in earnings (loss) of subsidiaries	0	0
Interest expense, net	(9,585)	(7,568)
Amortization of loan fees and debt premium	(363)	(416)
Net income	25,257	28,057
Less: Net loss attributable to Predecessor	0	(150)
Less: Net income attributable to noncontrolling interest	(4,022)	(3,599)
Net income attributable to the partners	21,235	24,608
Less: Net income attributable to the IDR holder	2,959	1,686
Net income attributable to PBF Logistics LP unitholders	18,276	22,922
Operating Segments [Member] | Subsidiary Issuer [Member]
Affiliate	0	0
Third-party	0	0
Total revenue	0	0
Operating and maintenance expenses	0	0
General and administrative expenses	4,291	3,315
Depreciation and amortization	0	0
Total costs and expenses	4,291	3,315
Income from operations	(4,291)	(3,315)
Equity in earnings (loss) of subsidiaries	39,496	39,356
Interest expense, net	(9,585)	(7,568)
Amortization of loan fees and debt premium	(363)	(416)
Net income	25,257	28,057
Less: Net loss attributable to Predecessor		0
Less: Net income attributable to noncontrolling interest	0	0
Net income attributable to the partners	25,257	28,057
Less: Net income attributable to the IDR holder	2,959	1,686
Net income attributable to PBF Logistics LP unitholders	22,298	26,371
Operating Segments [Member] | Guarantor Subsidiaries [Member]
Affiliate	60,864	56,202
Third-party	3,175	4,275
Total revenue	64,039	60,477
Operating and maintenance expenses	18,048	15,769
General and administrative expenses	0	0
Depreciation and amortization	6,495	5,352
Total costs and expenses	24,543	21,121
Income from operations	39,496	39,356
Equity in earnings (loss) of subsidiaries	0	0
Interest expense, net	0	0
Amortization of loan fees and debt premium	0	0
Net income	39,496	39,356
Less: Net loss attributable to Predecessor		(150)
Less: Net income attributable to noncontrolling interest	(4,022)	3,599
Net income attributable to the partners	35,474	35,907
Less: Net income attributable to the IDR holder	0	0
Net income attributable to PBF Logistics LP unitholders	35,474	35,907
Operating Segments [Member] | Non-Guarantor Subsidiaries [Member]
Affiliate	0	0
Third-party	0	0
Total revenue	0	0
Operating and maintenance expenses	0	0
General and administrative expenses	0	0
Depreciation and amortization	0	0
Total costs and expenses	0	0
Income from operations	0	0
Equity in earnings (loss) of subsidiaries	0	0
Interest expense, net	0	0
Amortization of loan fees and debt premium	0	0
Net income	0	0
Less: Net loss attributable to Predecessor		0
Less: Net income attributable to noncontrolling interest	0	0
Net income attributable to the partners	0	0
Less: Net income attributable to the IDR holder	0	0
Net income attributable to PBF Logistics LP unitholders	0	0
Consolidation, Eliminations [Member]
Affiliate	0	0
Third-party	0	0
Total revenue	0	0
Operating and maintenance expenses	0	0
General and administrative expenses	0	0
Depreciation and amortization	0	0
Total costs and expenses	0	0
Income from operations	0	0
Equity in earnings (loss) of subsidiaries	(39,496)	(39,356)
Interest expense, net	0	0
Amortization of loan fees and debt premium	0	0
Net income	(39,496)	(39,356)
Less: Net loss attributable to Predecessor		0
Less: Net income attributable to noncontrolling interest	0	0
Net income attributable to the partners	(39,496)	(39,356)
Less: Net income attributable to the IDR holder	0	0
Net income attributable to PBF Logistics LP unitholders	$ (39,496)	$ (39,356)

CONDENSED CONSOLIDATING FINAN42

CONDENSED CONSOLIDATING FINANCIAL STATEMENTS CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017	Dec. 31, 2016
Net income	$ 25,257	$ 28,057
Depreciation and amortization	6,495	5,352
Amortization of loan fees and debt premium	363	416
Unit-based compensation expense	834	680
Equity in earnings of subsidiaries	0	0
Accounts receivable - affiliates	8,336	7,860
Accounts receivable	115	2,472
Prepaids and other current assets	(598)	(297)
Accounts payable - affiliates	(2,984)	721
Accounts payable and accrued liabilities	6,908	8,121
Amounts due to (from) related parties	0	0
Deferred revenue	(595)	246
Other assets and liabilities	75	(169)
Net cash provided by operations	44,056	53,797
Payments to Acquire Property, Plant, and Equipment		19,467
Expenditures for property, plant and equipment	3,953	19,467
Purchases of marketable securities	0	(75,036)
Maturities of marketable securities	0	75,006
Investment in subsidiaries	0	0
Net cash used in investing activities	(3,953)	(19,497)
Repayment of revolving credit facility	9,700	0
Distributions to unitholders	(23,058)	(20,059)
Contribution from parent	0	5,457
Distributions to TVPC members	(5,000)	(3,425)
Repayment of term loan	0	(39,664)
Net cash used in financing activities	(37,758)	(57,691)
Net change in cash and cash equivalents	2,345	(23,391)
Cash and cash equivalents	22,009	40,830	$ 19,664	$ 64,221
Operating Segments [Member] | Subsidiary Issuer [Member]
Net income	25,257	28,057
Depreciation and amortization	0	0
Amortization of loan fees and debt premium	363	416
Unit-based compensation expense	834	680
Equity in earnings of subsidiaries	(39,496)	(39,356)
Accounts receivable - affiliates	(23)	90
Accounts receivable	0	0
Prepaids and other current assets	30	110
Accounts payable - affiliates	(1,470)	2,802
Accounts payable and accrued liabilities	10,172	6,974
Amounts due to (from) related parties	29,243	29,200
Deferred revenue	0	0
Other assets and liabilities	0	7
Net cash provided by operations	24,910	28,966
Payments to Acquire Property, Plant, and Equipment		0
Expenditures for property, plant and equipment	0
Purchases of marketable securities		(75,036)
Maturities of marketable securities		75,006
Investment in subsidiaries	(462)	(2,753)
Net cash used in investing activities	(462)	(2,783)
Repayment of revolving credit facility	9,700
Distributions to unitholders	(23,058)	(20,059)
Contribution from parent	0	0
Distributions to TVPC members	0	0
Repayment of term loan		(39,664)
Net cash used in financing activities	(32,758)	(59,723)
Net change in cash and cash equivalents	(8,310)	(33,540)
Cash and cash equivalents	2,599	18,593	10,909	52,133
Operating Segments [Member] | Guarantor Subsidiaries [Member]
Net income	39,496	39,356
Depreciation and amortization	6,495	5,352
Amortization of loan fees and debt premium	0	0
Unit-based compensation expense	0	0
Equity in earnings of subsidiaries	0	0
Accounts receivable - affiliates	8,359	7,770
Accounts receivable	115	2,472
Prepaids and other current assets	(628)	(407)
Accounts payable - affiliates	(1,514)	(2,081)
Accounts payable and accrued liabilities	(3,264)	1,147
Amounts due to (from) related parties	(29,243)	(29,200)
Deferred revenue	(595)	246
Other assets and liabilities	75	(176)
Net cash provided by operations	19,146	24,831
Payments to Acquire Property, Plant, and Equipment		19,467
Expenditures for property, plant and equipment	3,953
Purchases of marketable securities		0
Maturities of marketable securities		0
Investment in subsidiaries	0	0
Net cash used in investing activities	(3,953)	(19,467)
Repayment of revolving credit facility	0
Distributions to unitholders	0	0
Contribution from parent	462	8,210
Distributions to TVPC members	(5,000)	(3,425)
Repayment of term loan		0
Net cash used in financing activities	(4,538)	4,785
Net change in cash and cash equivalents	10,655	10,149
Cash and cash equivalents	19,410	22,237	8,755	12,088
Operating Segments [Member] | Non-Guarantor Subsidiaries [Member]
Net income	0	0
Depreciation and amortization	0	0
Amortization of loan fees and debt premium	0	0
Unit-based compensation expense	0	0
Equity in earnings of subsidiaries	0	0
Accounts receivable - affiliates	0	0
Accounts receivable	0	0
Prepaids and other current assets	0	0
Accounts payable - affiliates	0	0
Accounts payable and accrued liabilities	0	0
Amounts due to (from) related parties	0	0
Deferred revenue	0	0
Other assets and liabilities	0	0
Net cash provided by operations	0	0
Payments to Acquire Property, Plant, and Equipment		0
Expenditures for property, plant and equipment	0
Purchases of marketable securities		0
Maturities of marketable securities		0
Investment in subsidiaries	0	0
Net cash used in investing activities	0	0
Repayment of revolving credit facility	0
Distributions to unitholders	0	0
Contribution from parent	0	0
Distributions to TVPC members	0	0
Repayment of term loan		0
Net cash used in financing activities	0	0
Net change in cash and cash equivalents	0	0
Cash and cash equivalents	0	0	0	0
Consolidation, Eliminations [Member]
Net income	(39,496)	(39,356)
Depreciation and amortization	0	0
Amortization of loan fees and debt premium	0	0
Unit-based compensation expense	0	0
Equity in earnings of subsidiaries	39,496	39,356
Accounts receivable - affiliates	0	0
Accounts receivable	0	0
Prepaids and other current assets	0	0
Accounts payable - affiliates	0	0
Accounts payable and accrued liabilities	0	0
Amounts due to (from) related parties	0	0
Deferred revenue	0	0
Other assets and liabilities	0	0
Net cash provided by operations	0	0
Payments to Acquire Property, Plant, and Equipment		0
Expenditures for property, plant and equipment	0
Purchases of marketable securities		0
Maturities of marketable securities		0
Investment in subsidiaries	462	2,753
Net cash used in investing activities	462	2,753
Repayment of revolving credit facility	0
Distributions to unitholders	0	0
Contribution from parent	(462)	(2,753)
Distributions to TVPC members	0	0
Repayment of term loan		0
Net cash used in financing activities	(462)	(2,753)
Net change in cash and cash equivalents	0	0
Cash and cash equivalents	$ 0	$ 0	$ 0	$ 0

Uncategorized Items - pbf-20180

Label	Element	Value
PBFX and Sunoco Logistics [Member] | Toledo Terminal [Member] | Environmental Issue [Member]
Site Contingency, Loss Exposure Not Accrued, Best Estimate	us-gaap_SiteContingencyLossExposureNotAccruedBestEstimate	$ 2,000,000
PBF Energy and Valero [Member] | DCR Assets [Member] | Environmental Issue [Member]
Environmental Insurance Policies, Term of Policies	pbf_EnvironmentalInsurancePoliciesTermOfPolicies	10 years
Site Contingency, Loss Exposure Not Accrued, Best Estimate	us-gaap_SiteContingencyLossExposureNotAccruedBestEstimate	$ 20,000,000
Valero [Member] | DCR Assets [Member] | Environmental Issue [Member]
Site Contingency, Loss Exposure Not Accrued, Best Estimate	us-gaap_SiteContingencyLossExposureNotAccruedBestEstimate	$ 75,000,000