Valero Energy Partners (VLP) 10-Q 12 Nov 14 2014 Q3 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
	Sep. 30, 2014	Oct. 31, 2014	Oct. 31, 2014	Oct. 31, 2014
		Common Unitholders Public [Member]	Subordinated Unitholder Valero [Member]	General Partner Valero [Member]
Entity Information	'	'	'	'
Entity Registrant Name	'VALERO ENERGY PARTNERS LP	'	'	'
Entity Central Index Key	'0001583103	'	'	'
Document Type	'10-Q	'	'	'
Document Period End Date	30-Sep-14	'	'	'
Amendment Flag	'false	'	'	'
Document Fiscal Year Focus	'2014	'	'	'
Document Fiscal Period Focus	'Q3	'	'	'
Current Fiscal Year End Date	'--12-31	'	'	'
Entity Well-known Seasoned Issuer	'No	'	'	'
Entity Voluntary Filers	'No	'	'	'
Entity Current Reporting Status	'Yes	'	'	'
Entity Filer Category	'Non-accelerated Filer	'	'	'
Entity Common Stock, Units Outstanding	'	28,795,197	28,789,989	1,175,102

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Current assets:	'	'
Cash and cash equivalents	$230,834	$375,118	[1]
Receivables from related party	8,489	7,150	[1]
Prepaid expenses and other	1,738	276	[1]
Total current assets	241,061	382,544	[1]
Property and equipment, at cost	472,664	468,327	[1],[2]
Accumulated depreciation	-122,079	-114,995	[1],[2]
Property and equipment, net	350,585	353,332	[1],[2]
Deferred charges and other assets, net	1,467	1,714	[1]
Total assets	593,113	737,590	[1]
Current liabilities:	'	'
Current portion of capital lease obligations	1,160	1,048	[1]
Accounts payable	5,940	8,289	[1]
Accrued liabilities	844	158	[1]
Taxes other than income taxes	799	734	[1]
Deferred revenue from related party	314	85	[1]
Total current liabilities	9,057	10,314	[1]
Capital lease obligations, net of current portion	1,925	3,079	[1]
Deferred income taxes	830	941	[1]
Other long-term liabilities	1,053	1,092	[1]
Commitments and contingencies	'	'
Partnersb capital:	'	'
Common unitholders b public (17,255,208 and 17,250,000 units outstanding)	373,546	369,825	[1]
Common unitholder b Valero (11,539,989 and 11,539,989 units outstanding)	57,905	75,998	[1]
Subordinated unitholder b Valero (28,789,989 and 28,789,989 units outstanding)	144,472	189,601	[1]
General partner b Valero (1,175,102 and 1,175,102 units outstanding)	4,325	6,167	[1]
Net investment	0	80,573	[1]
Total partnersb capital	580,248	722,164	[1]
Total liabilities and partnersb capital	$593,113	$737,590	[1]
[1]	Prior period financial information has been retrospectively adjusted for the acquisition of the Texas Crude Systems Business from Valero Energy Corporation. See Notes 1 and 3.
[2]	Prior period financial information has been retrospectively adjusted for the Acquisition.

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parenthetical)	Sep. 30, 2014	Dec. 31, 2013
Partnersb capital:	'	'
Common unitholders b public, units outstanding	17,255,208	17,250,000
Common unitholder b Valero, units outstanding	11,539,989	11,539,989
Subordinated unitholder b Valero, units outstanding	28,789,989	28,789,989
General partner b Valero, units outstanding	1,175,102	1,175,102

Consolidated_Statements_of_Inc

Consolidated Statements of Income (Unaudited) (USD $)	3 Months Ended	9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2014
Operating revenues b related party	$33,666	$94,998
Costs and expenses:	'	'
Operating expenses	8,553	24,027
General and administrative expenses	3,065	9,392
Depreciation expense	4,318	12,087
Total costs and expenses	15,936	45,506
Operating income	17,730	49,492
Other income, net	156	1,315
Interest expense	-214	-663
Income before income taxes	17,672	50,144
Income tax expense	129	436
Net income	17,543	49,708
Less: Net income attributable to Predecessor	0	9,483
Net income attributable to partners	17,543	40,225
Less: General partnerbs interest in net income	351	805
Limited partnersb interest in net income	$17,192	$39,420
Net income per limited partner unit (basic and diluted):	'	'
Common units	$0.30	$0.68
Subordinated units	$0.30	$0.68
Weighted-average limited partner units outstanding:	'	'
Common units b public (basic)	17,250	17,250
Common units b public (diluted)	17,251	17,251
Common units b Valero (basic and diluted)	11,540	11,540
Subordinated units b Valero (basic and diluted)	28,790	28,790
Cash distribution declared per unit	$0.24	$0.68

Consolidated_Statements_of_Par

Consolidated Statements of Partners' Capital (Unaudited) (USD $)		Total		Common Unitholders Public [Member]	Common Unitholder Valero [Member]	Subordinated Unitholder Valero [Member]	General Partner Valero [Member]	Net Investment [Member]
In Thousands, unless otherwise specified
Beginning balance at Dec. 31, 2012	[1]	$341,260		$0	$0	$0	$0	$341,260
Increase (Decrease) in Partners' Capital Roll Forward		'		'	'	'	'	'
Attributable to Predecessor	[1]	50,485		0	0	0	0	50,485
Attributable to partners	[1]	0		'	'	'	'	'
Net transfers to Valero Energy Corporation	[1]	-51,008	[2]	0	0	0	0	-51,008
Ending balance at Sep. 30, 2013	[1]	340,737		0	0	0	0	340,737
Beginning balance at Dec. 31, 2013	[1]	722,164		369,825	75,998	189,601	6,167	80,573
Increase (Decrease) in Partners' Capital Roll Forward		'		'	'	'	'	'
Attributable to Predecessor		9,483		0	0	0	0	9,483
Attributable to partners		40,225		11,814	7,896	19,710	805	0
Net transfers to Valero Energy Corporation		-9,940		0	0	0	0	-9,940
Allocation of Valero Energy Corporationbs net investment in the Texas Crude Systems Business		0		0	22,276	55,572	2,268	-80,116
Consideration paid to Valero Energy Corporation for the Texas Crude Systems Business		-154,000		0	-42,818	-106,822	-4,360	0
Cash distributions to unitholders		-27,735		-8,144	-5,447	-13,589	-555	0
Unit-based compensation		51		51	0	0	0	0
Ending balance at Sep. 30, 2014		580,248		373,546	57,905	144,472	4,325	0
Beginning balance at Jun. 30, 2014		'		'	'	'	'	'
Increase (Decrease) in Partners' Capital Roll Forward		'		'	'	'	'	'
Attributable to Predecessor		0		'	'	'	'	'
Attributable to partners		17,543		5,152	3,444	8,596	351	'
Ending balance at Sep. 30, 2014		$580,248		$373,546	$57,905	$144,472	$4,325	'
[1]	Prior period financial information has been retrospectively adjusted for the acquisition of the Texas Crude Systems Business from Valero Energy Corporation. See Notes 1 and 3.
[2]	Prior period financial information has been retrospectively adjusted for the Acquisition.

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (Unaudited) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014		Sep. 30, 2013
Cash flows from operating activities:	'		'
Net income	$49,708		$50,485	[1]
Adjustments to reconcile net income to net cash provided by operating activities:	'		'
Depreciation expense	12,087		12,032	[1]
Deferred income tax expense	43		1,351	[1]
Changes in current assets and current liabilities	-1,935		-44	[1],[2]
Changes in deferred charges and credits and other operating activities, net	-44		-330	[1]
Net cash provided by operating activities	59,859		63,494	[1]
Cash flows from investing activities:	'		'
Capital expenditures	-7,282		-10,488	[1]
Acquisition of the Texas Crude Systems Business from Valero Energy Corporation	-80,116		0	[1]
Proceeds from dispositions of property and equipment	33		8	[1]
Net cash used in investing activities	-87,365		-10,480	[1]
Cash flows from financing activities:	'		'
Repayments of capital lease obligations	-772		-819	[1]
Offering costs	-3,223		0	[1]
Debt issuance costs	-1,071		0	[1]
Excess purchase price paid to Valero Energy Corporation over the carrying value of the Texas Crude Systems Business	-73,884		0	[1]
Cash distributions to unitholders	-27,735		0	[1]
Net transfers to Valero Energy Corporation	-10,093		-52,195	[1],[2]
Net cash used in financing activities	-116,778		-53,014	[1]
Net decrease in cash and cash equivalents	-144,284		0	[1]
Cash and cash equivalents at beginning of period	375,118	[1]	0	[1]
Cash and cash equivalents at end of period	$230,834		$0	[1]
[1]	Prior period financial information has been retrospectively adjusted for the acquisition of the Texas Crude Systems Business from Valero Energy Corporation. See Notes 1 and 3.
[2]	Prior period financial information has been retrospectively adjusted for the Acquisition.

Business_Initial_Public_Offeri

Business, Initial Public Offering, and Basis of Presentation	9 Months Ended
	Sep. 30, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
BUSINESS, INITIAL PUBLIC OFFERING, AND BASIS OF PRESENTATION	'
	1	BUSINESS, INITIAL PUBLIC OFFERING, AND BASIS OF PRESENTATION
	Business
	Valero Energy Partners LP (the Partnership) is a fee-based, traditional master limited partnership formed by Valero (defined below) in July 2013 to own, operate, develop, and acquire crude oil and refined petroleum products pipelines, terminals, and other transportation and logistics assets. On December 16, 2013, the Partnership completed its initial public offering (the Offering) of 17,250,000 common units representing limited partner interests. References in this report to “Predecessor,” “we,” “us,” or “our” for periods prior to the Offering refer to Valero Energy Partners LP Predecessor, our Predecessor for accounting purposes. Activity related to the Acquisition (defined below) for periods prior to the July 1, 2014 acquisition date are also attributable to our Predecessor. References in this report to “the Partnership,” “we,” “us,” or “our” for periods after the Offering refer to Valero Energy Partners LP, one or more of its subsidiaries, or all of them taken as a whole. References in this report to “Valero” refer collectively to Valero Energy Corporation and its subsidiaries, other than Valero Energy Partners LP, any of its subsidiaries, or its general partner.
	Immediately following the Offering, the Partnership included the assets, liabilities, and results of operations of certain crude oil and refined petroleum products pipelines, terminals, and other logistics assets previously owned and operated by Valero (referred to as the Contributed Assets). Prior to the Offering, the assets, liabilities, and results of operations of the aforementioned assets related to Valero Energy Partners LP Predecessor.
	On July 1, 2014, we acquired the Texas Crude Systems Business from Valero (the Acquisition) as described in Note 3.
	As of September 30, 2014, our assets consisted of crude oil and refined petroleum products pipeline and terminal systems in the United States (U.S.) Gulf Coast and U.S. Mid-Continent regions that are integral to the operations of Valero’s Ardmore, McKee, Memphis, Port Arthur, and Three Rivers refineries.
	We generate operating revenues by providing fee-based transportation and terminaling services to Valero and, prior to the Offering, our Predecessor leased certain crude oil and refined petroleum products storage capacity to Valero.
	Initial Public Offering
	On December 10, 2013, the Partnership’s common units began trading on the New York Stock Exchange under the ticker symbol “VLP.” On December 16, 2013, the Partnership completed the Offering of 17,250,000 common units to the public at a price of $23.00 per unit.
	In exchange for the Contributed Assets, Valero received:
	•	11,539,989 common units and 28,789,989 subordinated units, representing an aggregate 68.6 percent limited partner interest;
	•	all of the incentive distribution rights (IDRs); and
	•	1,175,102 general partner units, representing a 2.0 percent general partner interest.
	We received $396.8 million of gross proceeds from the sale of 17,250,000 common units to the public. After deducting underwriting discounts, structuring fees, and other offering costs of $27.6 million, our net proceeds from the Offering were $369.2 million. We retained the net proceeds from the Offering for general partnership purposes, which may include acquisitions from Valero and third parties and organic expansion capital expenditures. On July 1, 2014, we used certain of these proceeds for the Acquisition as further described in Note 3.
	Basis of Presentation
	The Acquisition of the Texas Crude Systems Business was accounted for as a transfer of a business between entities under common control. As entities under the common control of Valero, we recorded the Acquisition on our balance sheet at Valero’s carrying value rather than fair value. Transfers between entities under common control are accounted for as though the transfer occurred as of the beginning of the period of transfer, and prior period financial statements and financial information are retrospectively adjusted to furnish comparative information. Accordingly, the Partnership’s financial statements and related notes have been retrospectively adjusted to include the historical results of the Texas Crude Systems Business for all periods presented prior to July 1, 2014.
	The combined financial statements of our Predecessor were derived from the consolidated financial statements and accounting records of Valero and reflect the combined historical financial position, results of operations, and cash flows of our Predecessor as if the Contributed Assets and the Texas Crude Systems Business had been combined for periods prior to the Offering and the Acquisition.
	There were no transactions between the operations of our Predecessor; therefore, there were no intercompany transactions or accounts to be eliminated in connection with the combination of those operations. In addition, the statements of income for periods prior to the Offering or the Acquisition include direct charges for the management and operation of our logistics assets and certain expenses allocated by Valero for general corporate services, such as treasury, accounting, and legal services. These expenses were charged, or allocated, to our Predecessor based on the nature of the expenses. Prior to the Offering and the Acquisition, we transferred cash to Valero daily and Valero funded our operating and investing activities as needed. Accordingly, cash held by Valero at the corporate level was not allocated to us and we reflected transfers of cash to and from Valero’s cash management system as a component of net investment. These net transfers of cash were reflected as a financing activity in our statements of cash flows. We also did not include any interest income on the net cash transfers to Valero. In conjunction with the Offering, we established separate bank accounts and no longer participate in Valero’s centralized cash management system.
	The financial information presented for the periods after the Offering for the Contributed Assets and after July 1, 2014 for the Acquisition represents the consolidated financial position, results of operations, and cash flows of the Partnership. Intercompany balances and transactions have been eliminated in consolidation.
	These unaudited financial statements have been prepared in accordance with U.S. generally accepted accounting principles (GAAP) for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X of the Securities Exchange Act of 1934. Accordingly, they do not include all of the information and notes required by U.S. GAAP for complete financial statements. In the opinion of management, all adjustments considered necessary for a fair presentation have been included. All such adjustments are of a normal recurring nature unless disclosed otherwise. Financial information for the three and nine months ended September 30, 2014 and 2013 included in these Condensed Notes to Consolidated Financial Statements is derived from our unaudited financial statements. Operating results for the three and nine months ended September 30, 2014 are not necessarily indicative of the results that may be expected for the year ending December 31, 2014. For further information, refer to our financial statements and notes thereto included in our annual report on Form 10-K for the year ended December 31, 2013.

Summary_of_Significant_Account

Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2014
Accounting Policies [Abstract]	'
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	'
	2	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	Use of Estimates
	The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from these estimates. On an ongoing basis, we review our estimates based on currently available information. Changes in facts and circumstances may result in revised estimates.
	New Accounting Pronouncements
	In April 2014, the provisions of Accounting Standards Codification (ASC) Topic 205, “Presentation of Financial Statements,” and ASC Topic 360, “Property, Plant, and Equipment,” were amended to change the criteria for reporting discontinued operations. The provisions of these amendments modify the definition of discontinued operations by limiting discontinued operations reporting to disposals of components of an entity that represent strategic shifts that have or will have a major effect on an entity’s operations and financial results. These amendments require additional disclosures about discontinued operations and new disclosures for other disposals of individually material components of an organization that do not meet the definition of a discontinued operation. In addition, the guidance allows companies to have significant continuing involvement and continuing cash flows with the discontinued operation. These provisions are effective prospectively for annual reporting periods beginning on or after December 15, 2014, and interim periods within those annual periods, with early adoption permitted. The adoption of this guidance effective January 1, 2015 will not affect our financial position or results of operations; however, it may result in changes to the manner in which future dispositions of operations or assets, if any, are presented in our financial statements, or it may require additional disclosures.
	In May 2014, the Financial Accounting Standards Board amended the ASC and issued a new accounting standard, Topic 606, “Revenue from Contracts with Customers,” to clarify the principles for recognizing revenue. The core principle of the new standard is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods and services. The standard also requires improved interim and annual disclosures that enable the users of financial statements to better understand the nature, amount, timing, and uncertainty of revenues and cash flows arising from contracts with customers. The new standard is effective for annual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period, and can be adopted either retrospectively to each prior reporting period presented using a practical expedient as allowed by the new standard or retrospectively with a cumulative effect adjustment to partners’ capital as of the date of initial application. Early adoption is not permitted. We are currently evaluating the effect that adopting this new standard will have on our consolidated financial statements and related disclosures.

Texas_Crude_Systems_Business_A

Texas Crude Systems Business Acquisition	9 Months Ended
	Sep. 30, 2014
Business Combinations [Abstract]	'
TEXAS CRUDE SYSTEMS BUSINESS ACQUISITION	'
	3	TEXAS CRUDE SYSTEMS BUSINESS ACQUISITION
	On July 1, 2014, we acquired the Texas Crude Systems Business from Valero for total cash consideration of $154.0 million. The Texas Crude Systems Business is engaged in the business of transporting, terminaling, and storing crude oil and refined petroleum products through various pipeline and terminal systems that compose the McKee Crude System, the Three Rivers Crude System, and the Wynnewood Products System. In connection with this acquisition, we entered into additional schedules under our existing master transportation services agreement and master terminal services agreement with Valero with respect to each system. We also amended and restated our omnibus agreement with Valero and our general partner entered into an amended services and secondment agreement with Valero. See Note 4 for a summary of the terms of these agreements.
	We attributed $80.1 million of the total $154.0 million cash consideration paid to the historical carrying value of the Acquisition (an investing cash outflow). The remaining $73.9 million of cash consideration paid represents the excess purchase price paid over carrying value of the Acquisition (a financing cash outflow).
	The assets and liabilities of the Texas Crude Systems Business are included in the consolidated balance sheets as of September 30, 2014 and December 31, 2013. The following table presents the previously reported December 31, 2013 consolidated balance sheet adjusted for the Acquisition (in thousands):
			Valero Energy			Texas Crude			Valero Energy
			Partners LP			Systems			Partners LP
			(Previously			Business			(Currently
			Reported)						Reported)
	ASSETS
	Current assets:
	Cash and cash equivalents		$	375,118		$	—		$	375,118
	Receivables from related party		7,150			—			7,150
	Prepaid expenses and other		276			—			276
	Total current assets		382,544			—			382,544
	Property and equipment, at cost		375,542			92,785			468,327
	Accumulated depreciation		(103,358		)	(11,637		)	(114,995		)
	Property and equipment, net		272,184			81,148			353,332
	Deferred charges and other assets, net		1,714			—			1,714
	Total assets		$	656,442		$	81,148		$	737,590
	LIABILITIES AND PARTNERS’ CAPITAL
	Current liabilities:
	Current portion of capital lease obligations		$	1,048		$	—		$	1,048
	Accounts payable		8,289			—			8,289
	Accrued liabilities		158			—			158
	Taxes other than income taxes		734			—			734
	Deferred revenue from related party		85			—			85
	Total current liabilities		10,314			—			10,314
	Capital lease obligations, net of current portion		3,079			—			3,079
	Deferred income taxes		814			127			941
	Other long-term liabilities		644			448			1,092
	Partners’ capital:
	Common unitholders – public		369,825			—			369,825
	Common unitholder – Valero		75,998			—			75,998
	Subordinated unitholder – Valero		189,601			—			189,601
	General partner – Valero		6,167			—			6,167
	Net investment		—			80,573			80,573
	Total partners’ capital		641,591			80,573			722,164
	Total liabilities and partners’ capital		$	656,442		$	81,148		$	737,590
	The consolidated results of operations of the Texas Crude Systems Business after the Acquisition are included in “Valero Energy Partners LP.” The combined results of operations of the Texas Crude Systems Business prior to the Acquisition are included in “Texas Crude Systems Business.” The following table presents our consolidated statement of income for the nine months ended September 30, 2014 giving effect to the Acquisition (in thousands):
			Nine Months Ended September 30, 2014
			Valero Energy			Texas Crude			Valero Energy
			Partners LP			Systems			Partners LP
						Business			(Currently
									Reported)
	Operating revenues – related party		$	78,857		$	16,141		$	94,998
	Costs and expenses:
	Operating expenses		20,017			4,010			24,027
	General and administrative expenses		8,508			884			9,392
	Depreciation expense		10,400			1,687			12,087
	Total costs and expenses		38,925			6,581			45,506
	Operating income		39,932			9,560			49,492
	Other income, net		1,295			20			1,315
	Interest expense		(663		)	—			(663		)
	Income before income taxes		40,564			9,580			50,144
	Income tax expense		339			97			436
	Net income		40,225			9,483			49,708
	Less: Net income attributable to Predecessor		—			9,483			9,483
	Net income attributable to partners		$	40,225		$	—		$	40,225
	The following tables present the previously reported consolidated statements of income for the three and nine months ended September 30, 2013 adjusted for the Acquisition (in thousands):
			Three Months Ended September 30, 2013
			Valero Energy			Texas Crude			Valero Energy
			Partners LP			Systems			Partners LP
			(Previously			Business			(Currently
Reported)						Reported)
Operating revenues – related party		$	23,600		$	8,412		$	32,012
Costs and expenses:
Operating expenses		7,014			2,071			9,085
General and administrative expenses		1,372			425			1,797
Depreciation expense		3,217			811			4,028
Total costs and expenses		11,603			3,307			14,910
Operating income		11,997			5,105			17,102
Other income, net		61			—			61
Interest expense		(37		)	—			(37		)
Income before income taxes		12,021			5,105			17,126
Income tax expense		97			59			156
Net income		$	11,924		$	5,046		$	16,970
		Nine Months Ended September 30, 2013
		Valero Energy			Texas Crude			Valero Energy
		Partners LP			Systems			Partners LP
		(Previously			Business			(Currently
		Reported)						Reported)
Operating revenues – related party		$	69,943		$	21,973		$	91,916
Costs and expenses:
Operating expenses		16,861			5,750			22,611
General and administrative expenses		3,786			1,240			5,026
Depreciation expense		9,670			2,362			12,032
Total costs and expenses		30,317			9,352			39,669
Operating income		39,626			12,621			52,247
Other income, net		111			—			111
Interest expense		(139		)	—			(139		)
Income before income taxes		39,598			12,621			52,219
Income tax expense		1,541			193			1,734
Net income		$	38,057		$	12,428		$	50,485
The following table presents the previously reported consolidated statement of cash flows for the nine months ended September 30, 2013 adjusted for the Acquisition (in thousands):
		Nine Months Ended September 30, 2013
		Valero Energy			Texas Crude			Valero Energy
		Partners LP			Systems			Partners LP
		(Previously			Business			(Currently
		Reported)						Reported)
Cash flows from operating activities:
Net income		$	38,057		$	12,428		$	50,485
Adjustments to reconcile net income to
net cash provided by operating activities:
Depreciation expense		9,670			2,362			12,032
Deferred income tax expense		1,241			110			1,351
Changes in current assets and current		(44		)	—			(44		)
liabilities
Changes in deferred charges and credits		(327		)	(3		)	(330		)
and other operating activities, net
Net cash provided by operating activities		48,597			14,897			63,494
Cash flows from investing activities:
Capital expenditures		(4,161		)	(6,327		)	(10,488		)
Proceeds from dispositions of property and		—			8			8
equipment
Net cash used in investing activities		(4,161		)	(6,319		)	(10,480		)
Cash flows from financing activities:
Repayments of capital lease obligations		(819		)	—			(819		)
Net transfers to Valero Energy Corporation		(43,617		)	(8,578		)	(52,195		)
Net cash used in financing activities		(44,436		)	(8,578		)	(53,014		)
Net decrease in cash and cash equivalents		—			—			—
Cash and cash equivalents at beginning of period		—			—			—
Cash and cash equivalents at end of period		$	—		$	—		$	—

RelatedParty_Transactions

Related-Party Transactions	9 Months Ended
	Sep. 30, 2014
Related Party Transactions [Abstract]	'
RELATED-PARTY TRANSACTIONS	'
	4	RELATED-PARTY TRANSACTIONS
	Agreements Effective with the Acquisition
	The following agreements became effective on July 1, 2014, the date of the Acquisition.
	Commercial Agreements
	In connection with the Acquisition, we entered into additional schedules under our existing master transportation services agreement and master terminal services agreement with Valero with respect to each system acquired. Each system’s schedule constitutes a binding agreement between us and Valero for transportation or terminaling services (as applicable). Each schedule has an initial term of 10 years with one five-year renewal at Valero’s option and contains minimum throughput requirements and inflation escalators.
	Amended and Restated Omnibus Agreement
	In connection with the Acquisition, we also entered into an amended and restated omnibus agreement with Valero that includes the following modifications, among others:
	•	the indemnification obligations of Valero and the Partnership were amended to apply to the McKee Crude System, the Three Rivers Crude System, and the Wynnewood Products System in substantially the same manner as the Contributed Assets;
	•	our payment of an annual administrative fee was increased from $7.9 million to $9.2 million per year, which amount will be prorated for the remainder of 2014 based on the number of days from July 1, 2014 to December 31, 2014; and
	•	the grant to Valero of a right of first refusal with respect to the McKee Crude System, the Three Rivers Crude System, and the Wynnewood Products System.
	Amendment to Services and Secondment Agreement
	In connection with the Acquisition, our general partner entered into an amended services and secondment agreement with Valero to provide for the secondment of employees to our general partner for the provision of services with respect to the assets acquired in the Acquisition.
	Summary of Transactions
	Receivables from related party consist of the following (in thousands):
				30-Sep-14			December 31,
							2013
	Trade receivables – related party			$	10,375		$	4,196
	Due from (to) related party			(1,886		)	2,954
	Receivables from related party			$	8,489		$	7,150
	The amounts shown in our balance sheets as deferred revenue from related party represent the unearned revenues from Valero associated with Valero’s quarterly deficiency payment, which is the result of Valero not meeting its minimum quarterly throughput commitments under our commercial agreements.
	The following table reflects significant transactions with Valero (in thousands):
				Three Months					Nine Months
				Ended					Ended
				September 30,					September 30,
				2014			2013 (a)		2014		2013 (a)
	Operating revenues – related party			$	33,666		$	32,012	$	94,998	$	91,916
	Operating expenses			2,450			1,977		6,548		5,936
	General and administrative expenses			2,413			1,797		7,467		5,026
	(a) Prior period financial information has been retrospectively adjusted for the Acquisition.
	Costs associated with Valero’s benefit plans were included in the costs allocated to our Predecessor. Our share of pension and postretirement costs and defined contribution plans costs was as follows (in thousands):
				Three Months					Nine Months
				Ended					Ended
				September 30,					September 30,
				2014			2013 (a)		2014		2013 (a)
	Pension and postretirement costs			$	—		$	252	$	69	$	764
	Defined contribution plan costs			—			93		61		283
	(a) Prior period financial information has been retrospectively adjusted for the Acquisition.
	Concentration Risk
	Our operating revenues were derived solely from Valero. Therefore, we are subject to the business risks associated with Valero’s business.
	Leases
	Certain of our system’s schedules under our master transportation services agreement and master terminal services agreement with Valero are considered operating leases under U.S. GAAP. These agreements contain minimum throughput requirements and escalation clauses to adjust transportation tariffs and terminaling and storage fees to reflect changes in price indices. Revenues from these agreements are recorded within “operating revenues – related party” in our consolidated statements of income.
	As of September 30, 2014, future minimum rentals to be received related to these noncancelable lease agreements were as follows (in thousands):
	Remainder of 2014	$	7,291
	2015	28,927
	2016	28,927
	2017	28,927
	2018	28,927
	2019	28,927
	Thereafter	127,547
	Total minimum rental payments	$	279,473
	The amounts shown in our consolidated statements of income as “operating revenues – related party” included revenues from our current lease arrangements as follows (in thousands):
				Three Months			Nine Months
				Ended			Ended
				30-Sep-14			30-Sep-14
	Minimum rental revenues			$	7,291		$	9,515
	Contingent rental revenues			2,325			3,209
	Total lease revenues			$	9,616		$	12,724

Property_and_Equipment

Property and Equipment	9 Months Ended
	Sep. 30, 2014
Property, Plant and Equipment [Abstract]	'
PROPERTY AND EQUIPMENT	'
	5	PROPERTY AND EQUIPMENT
	Major classes of property and equipment consisted of the following (in thousands):
			September 30, 2014
			Non-Leased			Assets			Total
			Assets			Under
						Operating
						Leases (b)
	Pipelines and related assets		$	226,926		$	43,051		$	269,977
	Terminals and related assets		109,932			69,358			179,290
	Other		9,111			—			9,111
	Land		4,672			—			4,672
	Construction-in-progress		9,614			—			9,614
	Property and equipment, at cost		360,255			112,409			472,664
	Accumulated depreciation		(104,043		)	(18,036		)	(122,079		)
	Property and equipment, net		$	256,212		$	94,373		$	350,585
			December 31, 2013 (a)
			Non-Leased			Assets			Total
			Assets			Under
						Operating
						Leases (b)
	Pipelines and related assets		$	259,825		$	6,442		$	266,267
	Terminals and related assets		158,936			17,417			176,353
	Other		9,049			—			9,049
	Land		4,672			—			4,672
	Construction-in-progress		11,986			—			11,986
	Property and equipment, at cost		444,468			23,859			468,327
	Accumulated depreciation		(110,705		)	(4,290		)	(114,995		)
	Property and equipment, net		$	333,763		$	19,569		$	353,332
	______________
	(a) Prior period financial information has been retrospectively adjusted for the Acquisition.
	(b) Represents assets owned by us for which we are the lessor (see Note 4). Certain assets acquired in the Acquisition were reflected as assets under operating leases on July 1, 2014.

Revolving_Credit_Facility

Revolving Credit Facility	9 Months Ended
	Sep. 30, 2014
Debt Disclosure [Abstract]	'
REVOLVING CREDIT FACILITY	'
	6	REVOLVING CREDIT FACILITY
	We have a $300.0 million senior unsecured revolving credit facility agreement (the Revolver) with a group of lenders. The Revolver matures in December 2018. The Revolver includes sub-facilities for swingline loans and letters of credit. Our obligations under the Revolver will be jointly and severally guaranteed by all of our directly owned material subsidiaries. As of September 30, 2014 and December 31, 2013, the only guarantor under the Revolver was our wholly owned subsidiary, Valero Partners Operating Co. LLC.
	The Revolver contains certain restrictive covenants, including a covenant that requires us to maintain a ratio of total debt to EBITDA (as described in the Revolver) for the prior four fiscal quarters of not greater than 5.0 to 1.0 as of the last day of each fiscal quarter (5.5 to 1.0 during the specified period following certain acquisitions). The Revolver contains representations and warranties, affirmative and negative covenants, and events of default that are usual and customary for an agreement of this type that could, among other things, limit our ability to pay distributions to our unitholders.
	As of September 30, 2014 and December 31, 2013, there were no borrowings outstanding under the Revolver and we had no letters of credit outstanding under the Revolver. In addition, there were no borrowings or repayments under the Revolver during the nine months ended September 30, 2014. As of September 30, 2014, our ratio of total debt to EBITDA, calculated in accordance with the terms of the Revolver, was 0.04.

Commitments_and_Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2014
Commitments and Contingencies Disclosure [Abstract]	'
COMMITMENTS AND CONTINGENCIES	'
	7	COMMITMENTS AND CONTINGENCIES
	From time to time, we are party to claims and legal proceedings arising in the ordinary course of business. We also may be required by existing laws and regulations to report the release of hazardous substances and begin a remediation study. We have not recorded a loss contingency liability as there are no matters for which we have determined that a loss has been incurred. We re-evaluate and update our loss contingency liabilities as matters progress over time, and we believe that any changes to the recorded liabilities will not be material to our financial position, results of operations, or liquidity.

Partners_Capital

Partners' Capital	9 Months Ended
	Sep. 30, 2014
Equity [Abstract]	'
PARTNERS' CAPITAL	'
	8	PARTNERS’ CAPITAL
	Unit Activity
	On January 20, 2014, the board of directors of our general partner authorized a grant of 1,736 restricted units under the Valero Energy Partners LP 2013 Incentive Compensation Plan to each of its three independent directors for a total of 5,208 restricted units, in tandem with an equal number of distribution equivalent rights (DERs). This grant of restricted units resulted in the recognition of unit-based compensation expense and an increase in partners’ capital of $15,000 and $51,000 for the three and nine months ended September 30, 2014, respectively. These restricted units are scheduled to vest on January 20, 2017, subject to the terms of the plan, at which time, each participant would be entitled to receive an equal number of unrestricted common units of the Partnership. The DERs will be paid to the participants in cash as of each record payment date during the period the restricted units are outstanding.
	Cash Distributions
	Our partnership agreement prescribes the amount and priority of cash distributions that the common and subordinated unitholders and general partner will receive. The table below summarizes information related to our quarterly cash distributions:
	Quarterly		Total		Total Cash		Date of	Record	Date of
	Period		Quarterly		Distribution		Declaration	Date	Distribution
	Ended		Distribution		(In Thousands)
			(Per Unit)
	31-Dec-13		$	0.037	$	2,174	20-Jan-14	31-Jan-14	12-Feb-14
	31-Mar-14		0.2125		12,487		17-Apr-14	1-May-14	14-May-14
	30-Jun-14		0.2225		13,074		15-Jul-14	1-Aug-14	13-Aug-14
	30-Sep-14		0.24		14,102		14-Oct-14	31-Oct-14	12-Nov-14
	Our distributions are declared subsequent to quarter end. The following table reflects the allocation of total cash distributions to the general and limited partners applicable to the period in which the distributions were earned (in thousands):
			Three Months		Nine Months
			Ended		Ended
			30-Sep-14		30-Sep-14
	General partner’s distribution		$	282	$	793
	Limited partners’ distributions:
	Common – public		4,141		11,647
	Common – Valero		2,770		7,790
	Subordinated – Valero		6,909		19,433
	Total limited partners’ distributions		13,820		38,870
	Total cash distributions		$	14,102	$	39,663

Net_Income_Per_Limited_Partner

Net Income Per Limited Partner Unit	9 Months Ended
	Sep. 30, 2014
Earnings Per Share [Abstract]	'
NET INCOME PER LIMITED PARTNER UNIT	'
	9	NET INCOME PER LIMITED PARTNER UNIT
	Net income per limited partner unit is calculated only for the three and nine months ended September 30, 2014 as no units were outstanding prior to the Offering. Payments made to our unitholders are determined in relation to actual distributions declared and are not based on the net income allocations used in the calculation of net income per limited partner unit. Earnings in excess of distributions are allocated to our general partner and limited partners based on their respective ownership interests.
	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 in excess of distributions (in thousands):
			Three Months		Nine Months
			Ended		Ended
			30-Sep-14		30-Sep-14
	Net income attributable to partners		$	17,543	$	40,225
	Less distributions declared on:
	Limited partner common units – public		4,141		11,647
	Limited partner common units – Valero		2,770		7,790
	Limited partner subordinated units – Valero		6,909		19,433
	General partner		282		793
	Total distributions declared		14,102		39,663
	Earnings in excess of distributions		$	3,441	$	562
	Net income per unit for the three and nine months ended September 30, 2014 was computed as follows (in thousands, except per unit amounts):
			Three Months Ended September 30, 2014
			Limited		Limited		Limited		General		Total
			Partner		Partner		Partner		Partner
			Common		Common		Subordinated
			Units –		Units –		Units –
			Public		Valero		Valero
	Net income attributable to partners:
	Distributions declared		$	4,141	$	2,770	$	6,909	$	282	$	14,102
	Earnings in excess of distributions		1,011		674		1,687		69		3,441
	Net income attributable to partners		$	5,152	$	3,444	$	8,596	$	351	$	17,543
	Weighted-average units outstanding		17,250		11,540		28,790
	Net income per limited partner unit – basic:
	Distributions declared		$	0.24	$	0.24	$	0.24
	Earnings in excess of distributions		0.0586		0.0586		0.0586
	Net income per limited partner unit – basic		$	0.2986	$	0.2986	$	0.2986
	Net income per limited partner unit – basic		$	0.3	$	0.3	$	0.3
	(rounded)
	Net income per limited partner unit – diluted:
	Net income attributable to partners		$	5,152	$	3,444	$	8,596	$	351	$	17,543
	Weighted-average units outstanding		17,250		11,540		28,790
	Common equivalent units for nonvested		1		—		—
	restricted units
	Weighted-average units outstanding – diluted		17,251		11,540		28,790
	Net income per limited partner unit – diluted		$	0.3	$	0.3	$	0.3
			Nine Months Ended September 30, 2014
			Limited		Limited		Limited		General		Total
			Partner		Partner		Partner		Partner
			Common		Common		Subordinated
			Units –		Units –		Units –
			Public		Valero		Valero
	Net income attributable to partners:
	Distributions declared		$	11,647	$	7,790	$	19,433	$	793	$	39,663
	Earnings in excess of distributions		167		106		277		12		562
	Net income attributable to partners		$	11,814	$	7,896	$	19,710	$	805	$	40,225
	Weighted-average units outstanding		17,250		11,540		28,790
	Net income per limited partner unit – basic:
	Distributions declared		$	0.675	$	0.675	$	0.675
	Earnings in excess of distributions		0.01		0.01		0.01
	Net income per limited partner unit – basic		$	0.685	$	0.685	$	0.685
	Net income per limited partner unit – basic		$	0.68	$	0.68	$	0.68
	(rounded)
	Net income per limited partner unit – diluted:
	Net income attributable to partners		$	11,814	$	7,896	$	19,710	$	805	$	40,225
	Weighted-average units outstanding		17,250		11,540		28,790
	Common equivalent units for nonvested		1		—		—
	restricted units
	Weighted-average units outstanding – diluted		17,251		11,540		28,790
	Net income per limited partner unit – diluted		$	0.68	$	0.68	$	0.68

Supplemental_Cash_Flow_Informa

Supplemental Cash Flow Information	9 Months Ended
	Sep. 30, 2014
Supplemental Cash Flow Information [Abstract]	'
SUPPLEMENTAL CASH FLOW INFORMATION	'
	10	SUPPLEMENTAL CASH FLOW INFORMATION
	In order to determine net cash provided by operating activities, net income is adjusted by, among other things, changes in current assets and current liabilities as follows (in thousands):
			Nine Months Ended
			September 30,
			2014			2013 (a)
	Decrease (increase) in current assets:
	Receivables from related party		$	2,955		$	(19	)
	Prepaid expenses and other		(1,462		)	(45		)
	Increase (decrease) in current liabilities:
	Accounts payable		(4,408		)	—
	Accrued liabilities		686			—
	Taxes other than income taxes		65			—
	Deferred revenue from related party		229			—
	Deferred revenue from third party		—			20
	Changes in current assets and current liabilities		$	(1,935	)	$	(44	)
	(a) Prior period financial information has been retrospectively adjusted for the Acquisition.
	The above changes in current assets and current liabilities differ from changes between amounts reflected in the applicable balance sheets for the respective periods for the following reasons:
	•	amounts accrued for capital expenditures are reflected in investing activities when such amounts are paid, and
	•	amounts accrued for offering costs and debt issuance costs were reflected in financing activities when paid.
	There were no significant noncash investing or financing activities for the nine months ended September 30, 2014 and 2013.
	The following is a reconciliation of the amounts presented as net transfers to Valero on our statements of partners’ capital and statements of cash flows (in thousands):
			Nine Months Ended
			September 30,
			2014			2013 (a)
	Net transfers to Valero		$	(9,940	)	$	(51,008	)
	per statement of partners’ capital
	Less: Noncash transfers from Valero		153			1,187
	Net transfers to Valero		$	(10,093	)	$	(52,195	)
	per statement of cash flows
	(a) Prior period financial information has been retrospectively adjusted for the Acquisition.
	Noncash transfers from Valero primarily represent the change in amounts accrued for capital expenditures as we do not reflect capital expenditures in our statements of cash flows until such amounts are paid.
	Cash flows related to interest and income taxes paid were as follows (in thousands):
			Nine Months Ended
			September 30,
			2014			2013 (a)
	Interest paid		$	686		$	466
	Income taxes paid		74			383
	(a) Prior period financial information has been retrospectively adjusted for the Acquisition.

Fair_Value_of_Financial_Instru

Fair Value of Financial Instrument	9 Months Ended
	Sep. 30, 2014
Fair Value Disclosures [Abstract]	'
FAIR VALUE OF FINANCIAL INSTRUMENT	'
	11	FAIR VALUE OF FINANCIAL INSTRUMENT
	The fair value of cash and cash equivalents approximates the carrying value due to the low level of credit risk of these assets combined with their market interest rates. The fair value measurement for cash and cash equivalents is categorized as Level 1 in the fair value hierarchy. Fair values determined by Level 1 inputs utilize unadjusted quoted prices in active markets for identical assets.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2014
Accounting Policies [Abstract]	'
Basis of Presentation	'
	Basis of Presentation
	The Acquisition of the Texas Crude Systems Business was accounted for as a transfer of a business between entities under common control. As entities under the common control of Valero, we recorded the Acquisition on our balance sheet at Valero’s carrying value rather than fair value. Transfers between entities under common control are accounted for as though the transfer occurred as of the beginning of the period of transfer, and prior period financial statements and financial information are retrospectively adjusted to furnish comparative information. Accordingly, the Partnership’s financial statements and related notes have been retrospectively adjusted to include the historical results of the Texas Crude Systems Business for all periods presented prior to July 1, 2014.
	The combined financial statements of our Predecessor were derived from the consolidated financial statements and accounting records of Valero and reflect the combined historical financial position, results of operations, and cash flows of our Predecessor as if the Contributed Assets and the Texas Crude Systems Business had been combined for periods prior to the Offering and the Acquisition.
	There were no transactions between the operations of our Predecessor; therefore, there were no intercompany transactions or accounts to be eliminated in connection with the combination of those operations. In addition, the statements of income for periods prior to the Offering or the Acquisition include direct charges for the management and operation of our logistics assets and certain expenses allocated by Valero for general corporate services, such as treasury, accounting, and legal services. These expenses were charged, or allocated, to our Predecessor based on the nature of the expenses. Prior to the Offering and the Acquisition, we transferred cash to Valero daily and Valero funded our operating and investing activities as needed. Accordingly, cash held by Valero at the corporate level was not allocated to us and we reflected transfers of cash to and from Valero’s cash management system as a component of net investment. These net transfers of cash were reflected as a financing activity in our statements of cash flows. We also did not include any interest income on the net cash transfers to Valero. In conjunction with the Offering, we established separate bank accounts and no longer participate in Valero’s centralized cash management system.
	The financial information presented for the periods after the Offering for the Contributed Assets and after July 1, 2014 for the Acquisition represents the consolidated financial position, results of operations, and cash flows of the Partnership. Intercompany balances and transactions have been eliminated in consolidation.
	These unaudited financial statements have been prepared in accordance with U.S. generally accepted accounting principles (GAAP) for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X of the Securities Exchange Act of 1934. Accordingly, they do not include all of the information and notes required by U.S. GAAP for complete financial statements. In the opinion of management, all adjustments considered necessary for a fair presentation have been included. All such adjustments are of a normal recurring nature unless disclosed otherwise. Financial information for the three and nine months ended September 30, 2014 and 2013 included in these Condensed Notes to Consolidated Financial Statements is derived from our unaudited financial statements. Operating results for the three and nine months ended September 30, 2014 are not necessarily indicative of the results that may be expected for the year ending December 31, 2014. For further information, refer to our financial statements and notes thereto included in our annual report on Form 10-K for the year ended December 31, 2013.
Use of Estimates	'
	Use of Estimates
	The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from these estimates. On an ongoing basis, we review our estimates based on currently available information. Changes in facts and circumstances may result in revised estimates.

Texas_Crude_Systems_Business_A1

Texas Crude Systems Business Acquisition (Tables)	9 Months Ended
	Sep. 30, 2014
Business Combinations [Abstract]	'
Consolidated balance sheet, statements of income, and statement of cash flows of the Texas Crude Systems Business	'
	The following table presents the previously reported December 31, 2013 consolidated balance sheet adjusted for the Acquisition (in thousands):
		Valero Energy			Texas Crude			Valero Energy
		Partners LP			Systems			Partners LP
		(Previously			Business			(Currently
		Reported)						Reported)
	ASSETS
	Current assets:
	Cash and cash equivalents	$	375,118		$	—		$	375,118
	Receivables from related party	7,150			—			7,150
	Prepaid expenses and other	276			—			276
	Total current assets	382,544			—			382,544
	Property and equipment, at cost	375,542			92,785			468,327
	Accumulated depreciation	(103,358		)	(11,637		)	(114,995		)
	Property and equipment, net	272,184			81,148			353,332
	Deferred charges and other assets, net	1,714			—			1,714
	Total assets	$	656,442		$	81,148		$	737,590
	LIABILITIES AND PARTNERS’ CAPITAL
	Current liabilities:
	Current portion of capital lease obligations	$	1,048		$	—		$	1,048
	Accounts payable	8,289			—			8,289
	Accrued liabilities	158			—			158
	Taxes other than income taxes	734			—			734
	Deferred revenue from related party	85			—			85
	Total current liabilities	10,314			—			10,314
	Capital lease obligations, net of current portion	3,079			—			3,079
	Deferred income taxes	814			127			941
	Other long-term liabilities	644			448			1,092
	Partners’ capital:
	Common unitholders – public	369,825			—			369,825
	Common unitholder – Valero	75,998			—			75,998
	Subordinated unitholder – Valero	189,601			—			189,601
	General partner – Valero	6,167			—			6,167
	Net investment	—			80,573			80,573
	Total partners’ capital	641,591			80,573			722,164
	Total liabilities and partners’ capital	$	656,442		$	81,148		$	737,590
	The following table presents our consolidated statement of income for the nine months ended September 30, 2014 giving effect to the Acquisition (in thousands):
		Nine Months Ended September 30, 2014
		Valero Energy			Texas Crude			Valero Energy
		Partners LP			Systems			Partners LP
					Business			(Currently
								Reported)
	Operating revenues – related party	$	78,857		$	16,141		$	94,998
	Costs and expenses:
	Operating expenses	20,017			4,010			24,027
	General and administrative expenses	8,508			884			9,392
	Depreciation expense	10,400			1,687			12,087
	Total costs and expenses	38,925			6,581			45,506
	Operating income	39,932			9,560			49,492
	Other income, net	1,295			20			1,315
	Interest expense	(663		)	—			(663		)
	Income before income taxes	40,564			9,580			50,144
	Income tax expense	339			97			436
	Net income	40,225			9,483			49,708
	Less: Net income attributable to Predecessor	—			9,483			9,483
	Net income attributable to partners	$	40,225		$	—		$	40,225
	The following tables present the previously reported consolidated statements of income for the three and nine months ended September 30, 2013 adjusted for the Acquisition (in thousands):
		Three Months Ended September 30, 2013
		Valero Energy			Texas Crude			Valero Energy
		Partners LP			Systems			Partners LP
		(Previously			Business			(Currently
		Reported)						Reported)
	Operating revenues – related party	$	23,600		$	8,412		$	32,012
	Costs and expenses:
Operating expenses	7,014			2,071			9,085
General and administrative expenses	1,372			425			1,797
Depreciation expense	3,217			811			4,028
Total costs and expenses	11,603			3,307			14,910
Operating income	11,997			5,105			17,102
Other income, net	61			—			61
Interest expense	(37		)	—			(37		)
Income before income taxes	12,021			5,105			17,126
Income tax expense	97			59			156
Net income	$	11,924		$	5,046		$	16,970
	Nine Months Ended September 30, 2013
	Valero Energy			Texas Crude			Valero Energy
	Partners LP			Systems			Partners LP
	(Previously			Business			(Currently
	Reported)						Reported)
Operating revenues – related party	$	69,943		$	21,973		$	91,916
Costs and expenses:
Operating expenses	16,861			5,750			22,611
General and administrative expenses	3,786			1,240			5,026
Depreciation expense	9,670			2,362			12,032
Total costs and expenses	30,317			9,352			39,669
Operating income	39,626			12,621			52,247
Other income, net	111			—			111
Interest expense	(139		)	—			(139		)
Income before income taxes	39,598			12,621			52,219
Income tax expense	1,541			193			1,734
Net income	$	38,057		$	12,428		$	50,485
The following table presents the previously reported consolidated statement of cash flows for the nine months ended September 30, 2013 adjusted for the Acquisition (in thousands):
	Nine Months Ended September 30, 2013
	Valero Energy			Texas Crude			Valero Energy
	Partners LP			Systems			Partners LP
	(Previously			Business			(Currently
	Reported)						Reported)
Cash flows from operating activities:
Net income	$	38,057		$	12,428		$	50,485
Adjustments to reconcile net income to
net cash provided by operating activities:
Depreciation expense	9,670			2,362			12,032
Deferred income tax expense	1,241			110			1,351
Changes in current assets and current	(44		)	—			(44		)
liabilities
Changes in deferred charges and credits	(327		)	(3		)	(330		)
and other operating activities, net
Net cash provided by operating activities	48,597			14,897			63,494
Cash flows from investing activities:
Capital expenditures	(4,161		)	(6,327		)	(10,488		)
Proceeds from dispositions of property and	—			8			8
equipment
Net cash used in investing activities	(4,161		)	(6,319		)	(10,480		)
Cash flows from financing activities:
Repayments of capital lease obligations	(819		)	—			(819		)
Net transfers to Valero Energy Corporation	(43,617		)	(8,578		)	(52,195		)
Net cash used in financing activities	(44,436		)	(8,578		)	(53,014		)
Net decrease in cash and cash equivalents	—			—			—
Cash and cash equivalents at beginning of period	—			—			—
Cash and cash equivalents at end of period	$	—		$	—		$	—

RelatedParty_Transactions_Tabl

Related-Party Transactions (Tables)	9 Months Ended
	Sep. 30, 2014
Related Party Transactions [Abstract]	'
Summary of related party transactions	'
	Receivables from related party consist of the following (in thousands):
				30-Sep-14			December 31,
							2013
	Trade receivables – related party			$	10,375		$	4,196
	Due from (to) related party			(1,886		)	2,954
	Receivables from related party			$	8,489		$	7,150
	The amounts shown in our consolidated statements of income as “operating revenues – related party” included revenues from our current lease arrangements as follows (in thousands):
				Three Months			Nine Months
				Ended			Ended
				30-Sep-14			30-Sep-14
	Minimum rental revenues			$	7,291		$	9,515
	Contingent rental revenues			2,325			3,209
	Total lease revenues			$	9,616		$	12,724
	The following table reflects significant transactions with Valero (in thousands):
				Three Months					Nine Months
				Ended					Ended
				September 30,					September 30,
				2014			2013 (a)		2014		2013 (a)
	Operating revenues – related party			$	33,666		$	32,012	$	94,998	$	91,916
	Operating expenses			2,450			1,977		6,548		5,936
	General and administrative expenses			2,413			1,797		7,467		5,026
	(a) Prior period financial information has been retrospectively adjusted for the Acquisition.
Summary of employee benefit plan costs	'
	Our share of pension and postretirement costs and defined contribution plans costs was as follows (in thousands):
				Three Months					Nine Months
				Ended					Ended
				September 30,					September 30,
				2014			2013 (a)		2014		2013 (a)
	Pension and postretirement costs			$	—		$	252	$	69	$	764
	Defined contribution plan costs			—			93		61		283
	(a) Prior period financial information has been retrospectively adjusted for the Acquisition.
Future minimum rentals to be received related to noncancelable lease agreements	'
	As of September 30, 2014, future minimum rentals to be received related to these noncancelable lease agreements were as follows (in thousands):
	Remainder of 2014	$	7,291
	2015	28,927
	2016	28,927
	2017	28,927
	2018	28,927
	2019	28,927
	Thereafter	127,547
	Total minimum rental payments	$	279,473

Property_and_Equipment_Tables

Property and Equipment (Tables)	9 Months Ended
	Sep. 30, 2014
Property, Plant and Equipment [Abstract]	'
Property and equipment	'
	Major classes of property and equipment consisted of the following (in thousands):
		September 30, 2014
		Non-Leased			Assets			Total
		Assets			Under
					Operating
					Leases (b)
	Pipelines and related assets	$	226,926		$	43,051		$	269,977
	Terminals and related assets	109,932			69,358			179,290
	Other	9,111			—			9,111
	Land	4,672			—			4,672
	Construction-in-progress	9,614			—			9,614
	Property and equipment, at cost	360,255			112,409			472,664
	Accumulated depreciation	(104,043		)	(18,036		)	(122,079		)
	Property and equipment, net	$	256,212		$	94,373		$	350,585
		December 31, 2013 (a)
		Non-Leased			Assets			Total
		Assets			Under
					Operating
					Leases (b)
	Pipelines and related assets	$	259,825		$	6,442		$	266,267
	Terminals and related assets	158,936			17,417			176,353
	Other	9,049			—			9,049
	Land	4,672			—			4,672
	Construction-in-progress	11,986			—			11,986
	Property and equipment, at cost	444,468			23,859			468,327
	Accumulated depreciation	(110,705		)	(4,290		)	(114,995		)
	Property and equipment, net	$	333,763		$	19,569		$	353,332
	______________
	(a) Prior period financial information has been retrospectively adjusted for the Acquisition.
	(b) Represents assets owned by us for which we are the lessor (see Note 4). Certain assets acquired in the Acquisition were reflected as assets under operating leases on July 1, 2014.

Partners_Capital_Tables

Partners' Capital (Tables)	9 Months Ended
	Sep. 30, 2014
Equity [Abstract]	'
Distributions made to unitholders	'
	The table below summarizes information related to our quarterly cash distributions:
	Quarterly	Total		Total Cash		Date of	Record	Date of
	Period	Quarterly		Distribution		Declaration	Date	Distribution
	Ended	Distribution		(In Thousands)
		(Per Unit)
	31-Dec-13	$	0.037	$	2,174	20-Jan-14	31-Jan-14	12-Feb-14
	31-Mar-14	0.2125		12,487		17-Apr-14	1-May-14	14-May-14
	30-Jun-14	0.2225		13,074		15-Jul-14	1-Aug-14	13-Aug-14
	30-Sep-14	0.24		14,102		14-Oct-14	31-Oct-14	12-Nov-14
	The following table reflects the allocation of total cash distributions to the general and limited partners applicable to the period in which the distributions were earned (in thousands):
		Three Months		Nine Months
		Ended		Ended
		30-Sep-14		30-Sep-14
	General partner’s distribution	$	282	$	793
	Limited partners’ distributions:
	Common – public	4,141		11,647
	Common – Valero	2,770		7,790
	Subordinated – Valero	6,909		19,433
	Total limited partners’ distributions	13,820		38,870
	Total cash distributions	$	14,102	$	39,663

Net_Income_Per_Limited_Partner1

Net Income Per Limited Partner Unit (Tables)	9 Months Ended
	Sep. 30, 2014
Earnings Per Share [Abstract]	'
Calculation of earnings in excess of distributions	'
	The following table shows the calculation of earnings in excess of distributions (in thousands):
		Three Months		Nine Months
		Ended		Ended
		30-Sep-14		30-Sep-14
	Net income attributable to partners	$	17,543	$	40,225
	Less distributions declared on:
	Limited partner common units – public	4,141		11,647
	Limited partner common units – Valero	2,770		7,790
	Limited partner subordinated units – Valero	6,909		19,433
	General partner	282		793
	Total distributions declared	14,102		39,663
	Earnings in excess of distributions	$	3,441	$	562
Computation of net income per unit	'
	Net income per unit for the three and nine months ended September 30, 2014 was computed as follows (in thousands, except per unit amounts):
		Three Months Ended September 30, 2014
		Limited		Limited		Limited		General		Total
		Partner		Partner		Partner		Partner
		Common		Common		Subordinated
		Units –		Units –		Units –
		Public		Valero		Valero
	Net income attributable to partners:
	Distributions declared	$	4,141	$	2,770	$	6,909	$	282	$	14,102
	Earnings in excess of distributions	1,011		674		1,687		69		3,441
	Net income attributable to partners	$	5,152	$	3,444	$	8,596	$	351	$	17,543
	Weighted-average units outstanding	17,250		11,540		28,790
	Net income per limited partner unit – basic:
	Distributions declared	$	0.24	$	0.24	$	0.24
	Earnings in excess of distributions	0.0586		0.0586		0.0586
	Net income per limited partner unit – basic	$	0.2986	$	0.2986	$	0.2986
	Net income per limited partner unit – basic	$	0.3	$	0.3	$	0.3
	(rounded)
	Net income per limited partner unit – diluted:
	Net income attributable to partners	$	5,152	$	3,444	$	8,596	$	351	$	17,543
	Weighted-average units outstanding	17,250		11,540		28,790
	Common equivalent units for nonvested	1		—		—
	restricted units
	Weighted-average units outstanding – diluted	17,251		11,540		28,790
	Net income per limited partner unit – diluted	$	0.3	$	0.3	$	0.3
		Nine Months Ended September 30, 2014
		Limited		Limited		Limited		General		Total
		Partner		Partner		Partner		Partner
		Common		Common		Subordinated
		Units –		Units –		Units –
		Public		Valero		Valero
	Net income attributable to partners:
	Distributions declared	$	11,647	$	7,790	$	19,433	$	793	$	39,663
	Earnings in excess of distributions	167		106		277		12		562
	Net income attributable to partners	$	11,814	$	7,896	$	19,710	$	805	$	40,225
	Weighted-average units outstanding	17,250		11,540		28,790
	Net income per limited partner unit – basic:
	Distributions declared	$	0.675	$	0.675	$	0.675
	Earnings in excess of distributions	0.01		0.01		0.01
	Net income per limited partner unit – basic	$	0.685	$	0.685	$	0.685
	Net income per limited partner unit – basic	$	0.68	$	0.68	$	0.68
	(rounded)
	Net income per limited partner unit – diluted:
	Net income attributable to partners	$	11,814	$	7,896	$	19,710	$	805	$	40,225
	Weighted-average units outstanding	17,250		11,540		28,790
	Common equivalent units for nonvested	1		—		—
	restricted units
	Weighted-average units outstanding – diluted	17,251		11,540		28,790
	Net income per limited partner unit – diluted	$	0.68	$	0.68	$	0.68

Supplemental_Cash_Flow_Informa1

Supplemental Cash Flow Information (Tables)	9 Months Ended
	Sep. 30, 2014
Supplemental Cash Flow Information [Abstract]	'
Schedule of cash flow supplemental disclosures	'
	Cash flows related to interest and income taxes paid were as follows (in thousands):
		Nine Months Ended
		September 30,
		2014			2013 (a)
	Interest paid	$	686		$	466
	Income taxes paid	74			383
	(a) Prior period financial information has been retrospectively adjusted for the Acquisition.
	In order to determine net cash provided by operating activities, net income is adjusted by, among other things, changes in current assets and current liabilities as follows (in thousands):
		Nine Months Ended
		September 30,
		2014			2013 (a)
	Decrease (increase) in current assets:
	Receivables from related party	$	2,955		$	(19	)
	Prepaid expenses and other	(1,462		)	(45		)
	Increase (decrease) in current liabilities:
	Accounts payable	(4,408		)	—
	Accrued liabilities	686			—
	Taxes other than income taxes	65			—
	Deferred revenue from related party	229			—
	Deferred revenue from third party	—			20
	Changes in current assets and current liabilities	$	(1,935	)	$	(44	)
	(a) Prior period financial information has been retrospectively adjusted for the Acquisition.
Reconciliation of net transfers to Valero	'
	The following is a reconciliation of the amounts presented as net transfers to Valero on our statements of partners’ capital and statements of cash flows (in thousands):
		Nine Months Ended
		September 30,
		2014			2013 (a)
	Net transfers to Valero	$	(9,940	)	$	(51,008	)
	per statement of partners’ capital
	Less: Noncash transfers from Valero	153			1,187
	Net transfers to Valero	$	(10,093	)	$	(52,195	)
	per statement of cash flows
	(a) Prior period financial information has been retrospectively adjusted for the Acquisition.

Business_Initial_Public_Offeri1

Business, Initial Public Offering, and Basis of Presentation (Details) (USD $)	0 Months Ended		0 Months Ended				9 Months Ended
In Millions, except Share data, unless otherwise specified	Dec. 16, 2013	Dec. 16, 2013	Dec. 16, 2013	Dec. 16, 2013	Dec. 16, 2013	Dec. 16, 2013	Sep. 30, 2014
			Majority Shareholder [Member]	Majority Shareholder [Member]	Majority Shareholder [Member]	Majority Shareholder [Member]	Texas Crude Systems Business [Member]
					Common Unitholder Valero [Member]	Subordinated Unitholder Valero [Member]	Majority Shareholder [Member]
Business, Initial Public Offering, and Basis of Presentation (Textual)	'	'	'	'	'	'	'
Initial public offering of common units (including over-allotment option), number of units	17,250,000	'	'	'	'	'	'
Effective date of the Texas Crude Systems Business acquisition	'	'	'	'	'	'	1-Jul-14
Initial public offering, price per unit	'	$23	'	'	'	'	'
Number of common units received in exchange for the Contributed Assets, units	'	'	'	'	11,539,989	28,789,989	'
Aggregate limited partner interest	'	'	68.60%	'	'	'	'
Number of general partner units VLO received in exchange for the Contributed Assets, units	'	'	'	1,175,102	'	'	'
VLO's general partner ownership interest, percentage	'	'	2.00%	'	'	'	'
Gross proceeds from issuance of common limited partners units	$396.80	'	'	'	'	'	'
Offering costs	'	27.6	'	'	'	'	'
Net proceeds from Issuance of common limited partner units	$369.20	'	'	'	'	'	'

Texas_Crude_Systems_Business_A2

Texas Crude Systems Business Acquisition (Details) (USD $)

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

0 Months Ended

9 Months Ended

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Dec. 31, 2013

Dec. 31, 2012

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Dec. 31, 2013

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Dec. 31, 2013

Jul. 01, 2014

Sep. 30, 2014

Valero Energy Partners LP (Previously Reported) [Member]

Valero Energy Partners LP (Previously Reported) [Member]

Valero Energy Partners LP (Previously Reported) [Member]

Valero Energy Partners LP (Previously Reported) [Member]

Texas Crude Systems Business [Member]

Texas Crude Systems Business [Member]

Texas Crude Systems Business [Member]

Texas Crude Systems Business [Member]

Majority Shareholder [Member]

Majority Shareholder [Member]

Texas Crude Systems Business [Member]

Texas Crude Systems Business [Member]

Current assets:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Cash and cash equivalents

$230,834,000

$0

[1]

$230,834,000

$0

[1]

'

'

$0

'

$0

'

$0

'

$0

'

'

'

Receivables from related party

8,489,000

'

8,489,000

'

7,150,000

[1]

'

'

'

'

7,150,000

'

'

'

0

'

'

Prepaid expenses and other

1,738,000

'

1,738,000

'

276,000

[1]

'

'

'

'

276,000

'

'

'

0

'

'

Total current assets

241,061,000

'

241,061,000

'

382,544,000

[1]

'

'

'

'

382,544,000

'

'

'

0

'

'

Property and equipment, at cost

472,664,000

'

472,664,000

'

468,327,000

[1],[2]

'

'

'

'

375,542,000

'

'

'

92,785,000

'

'

Accumulated depreciation

-122,079,000

'

-122,079,000

'

-114,995,000

[1],[2]

'

'

'

'

-103,358,000

'

'

'

-11,637,000

'

'

Property and equipment, net

350,585,000

'

350,585,000

'

353,332,000

[1],[2]

'

'

'

'

272,184,000

'

'

'

81,148,000

'

'

Deferred charges and other assets, net

1,467,000

'

1,467,000

'

1,714,000

[1]

'

'

'

'

1,714,000

'

'

'

0

'

'

Total assets

593,113,000

'

593,113,000

'

737,590,000

[1]

'

'

'

'

656,442,000

'

'

'

81,148,000

'

'

Current liabilities:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Current portion of capital lease obligations

1,160,000

'

1,160,000

'

1,048,000

[1]

'

'

'

'

1,048,000

'

'

'

0

'

'

Accounts payable

5,940,000

'

5,940,000

'

8,289,000

[1]

'

'

'

'

8,289,000

'

'

'

0

'

'

Accrued liabilities

844,000

'

844,000

'

158,000

[1]

'

'

'

'

158,000

'

'

'

0

'

'

Taxes other than income taxes

799,000

'

799,000

'

734,000

[1]

'

'

'

'

734,000

'

'

'

0

'

'

Deferred revenue from related party

314,000

'

314,000

'

85,000

[1]

'

'

'

'

85,000

'

'

'

0

'

'

Total current liabilities

9,057,000

'

9,057,000

'

10,314,000

[1]

'

'

'

'

10,314,000

'

'

'

0

'

'

Capital lease obligations, net of current portion

1,925,000

'

1,925,000

'

3,079,000

[1]

'

'

'

'

3,079,000

'

'

'

0

'

'

Deferred income taxes

830,000

'

830,000

'

941,000

[1]

'

'

'

'

814,000

'

'

'

127,000

'

'

Other long-term liabilities

1,053,000

'

1,053,000

'

1,092,000

[1]

'

'

'

'

644,000

'

'

'

448,000

'

'

Partnersb capital:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Common unitholders b public

373,546,000

'

373,546,000

'

369,825,000

[1]

'

'

'

'

369,825,000

'

'

'

0

'

'

Common unitholder b Valero

57,905,000

'

57,905,000

'

75,998,000

[1]

'

'

'

'

75,998,000

'

'

'

0

'

'

Subordinated unitholder b Valero

144,472,000

'

144,472,000

'

189,601,000

[1]

'

'

'

'

189,601,000

'

'

'

0

'

'

General partner b Valero

4,325,000

'

4,325,000

'

6,167,000

[1]

'

'

'

'

6,167,000

'

'

'

0

'

'

Net investment

0

'

0

'

80,573,000

[1]

'

'

'

'

0

'

'

'

80,573,000

'

'

Total partnersb capital

580,248,000

340,737,000

[1]

580,248,000

340,737,000

[1]

722,164,000

[1]

341,260,000

[1]

'

'

'

641,591,000

'

'

'

80,573,000

'

'

Total liabilities and partnersb capital

593,113,000

'

593,113,000

'

737,590,000

[1]

'

'

'

'

656,442,000

'

'

'

81,148,000

'

'

Consolidated Statements of Income

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Operating revenues b related party

33,666,000

32,012,000

[2]

94,998,000

91,916,000

[2]

'

'

23,600,000

78,857,000

69,943,000

'

8,412,000

16,141,000

21,973,000

'

'

'

Costs and expenses:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Operating expenses

8,553,000

9,085,000

[1]

24,027,000

22,611,000

[1]

'

'

7,014,000

20,017,000

16,861,000

'

2,071,000

4,010,000

5,750,000

'

'

'

General and administrative expenses

3,065,000

1,797,000

[1]

9,392,000

5,026,000

[1]

'

'

1,372,000

8,508,000

3,786,000

'

425,000

884,000

1,240,000

'

'

'

Depreciation expense

4,318,000

4,028,000

[1]

12,087,000

12,032,000

[1]

'

'

3,217,000

10,400,000

9,670,000

'

811,000

1,687,000

2,362,000

'

'

'

Total costs and expenses

15,936,000

14,910,000

[1]

45,506,000

39,669,000

[1]

'

'

11,603,000

38,925,000

30,317,000

'

3,307,000

6,581,000

9,352,000

'

'

'

Operating income

17,730,000

17,102,000

[1]

49,492,000

52,247,000

[1]

'

'

11,997,000

39,932,000

39,626,000

'

5,105,000

9,560,000

12,621,000

'

'

'

Other income, net

156,000

61,000

[1]

1,315,000

111,000

[1]

'

'

61,000

1,295,000

111,000

'

0

20,000

0

'

'

'

Interest expense

-214,000

-37,000

[1]

-663,000

-139,000

[1]

'

'

-37,000

-663,000

-139,000

'

0

0

0

'

'

'

Income before income taxes

17,672,000

17,126,000

[1]

50,144,000

52,219,000

[1]

'

'

12,021,000

40,564,000

39,598,000

'

5,105,000

9,580,000

12,621,000

'

'

'

Income tax expense

129,000

156,000

[1]

436,000

1,734,000

[1]

'

'

97,000

339,000

1,541,000

'

59,000

97,000

193,000

'

'

'

Net income

17,543,000

16,970,000

[1]

49,708,000

50,485,000

[1]

'

'

11,924,000

40,225,000

38,057,000

'

5,046,000

9,483,000

12,428,000

'

'

'

Less: Net income attributable to Predecessor

0

16,970,000

[1]

9,483,000

50,485,000

[1]

'

'

'

0

'

'

'

9,483,000

'

'

'

'

Net income attributable to partners

17,543,000

0

[1]

40,225,000

0

[1]

'

'

'

40,225,000

'

'

'

0

'

'

'

'

Cash flows from operating activities:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Net income

17,543,000

16,970,000

[1]

49,708,000

50,485,000

[1]

'

'

11,924,000

40,225,000

38,057,000

'

5,046,000

9,483,000

12,428,000

'

'

'

Adjustments to reconcile net income to net cash provided by operating activities:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Depreciation expense

4,318,000

4,028,000

[1]

12,087,000

12,032,000

[1]

'

'

3,217,000

10,400,000

9,670,000

'

811,000

1,687,000

2,362,000

'

'

'

Deferred income tax expense

'

'

43,000

1,351,000

[1]

'

'

'

'

1,241,000

'

'

'

110,000

'

'

'

Changes in current assets and current liabilities

'

'

-1,935,000

-44,000

[1],[2]

'

'

'

'

-44,000

'

'

'

0

'

'

'

Changes in deferred charges and credits and other operating activities, net

'

'

-44,000

-330,000

[1]

'

'

'

'

-327,000

'

'

'

-3,000

'

'

'

Net cash provided by operating activities

'

'

59,859,000

63,494,000

[1]

'

'

'

'

48,597,000

'

'

'

14,897,000

'

'

'

Cash flows from investing activities:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Capital expenditures

'

'

-7,282,000

-10,488,000

[1]

'

'

'

'

-4,161,000

'

'

'

-6,327,000

'

'

'

Proceeds from dispositions of property and equipment

'

'

33,000

8,000

[1]

'

'

'

'

0

'

'

'

8,000

'

'

'

Net cash used in investing activities

'

'

-87,365,000

-10,480,000

[1]

'

'

'

'

-4,161,000

'

'

'

-6,319,000

'

'

'

Cash flows from financing activities:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Repayments of capital lease obligations

'

'

-772,000

-819,000

[1]

'

'

'

'

-819,000

'

'

'

0

'

'

'

Net transfers to Valero Energy Corporation

'

'

-10,093,000

-52,195,000

[1],[2]

'

'

'

'

-43,617,000

'

'

'

-8,578,000

'

'

'

Net cash used in financing activities

'

'

-116,778,000

-53,014,000

[1]

'

'

'

'

-44,436,000

'

'

'

-8,578,000

'

'

'

Net decrease in cash and cash equivalents

'

'

-144,284,000

0

[1]

'

'

'

'

0

'

'

'

0

'

'

'

Cash and cash equivalents at beginning of period

'

'

375,118,000

[1]

0

[1]

'

'

'

375,118,000

0

'

'

0

0

'

'

'

Cash and cash equivalents at end of period

230,834,000

0

[1]

230,834,000

0

[1]

'

'

0

'

0

'

0

'

0

'

'

'

Texas Crude Systems Business Acquisition (Textual)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Effective date of the Texas Crude Systems Business acquisition

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1-Jul-14

Payments to acquire the Texas Crude Systems Business, gross

'

'

'

'

'

'

'

'

'

'

'

'

'

'

154,000,000

'

Cash paid for historical carrying value of the Texas Crude Systems Business

'

'

80,116,000

0

[1]

'

'

'

'

'

'

'

'

'

'

80,100,000

'

Excess purchase price paid over carrying value of the Texas Crude Systems Business

'

'

$73,884,000

$0

[1]

'

'

'

'

'

'

'

'

'

'

$73,900,000

'

[1]

Prior period financial information has been retrospectively adjusted for the acquisition of the Texas Crude Systems Business from Valero Energy Corporation. See Notes 1 and 3.

[2]

Prior period financial information has been retrospectively adjusted for the Acquisition.

RelatedParty_Transactions_Deta

Related-Party Transactions (Details) (USD $)

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

9 Months Ended

0 Months Ended

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Dec. 31, 2013

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Jul. 01, 2014

Jun. 30, 2014

Sep. 30, 2014

Jul. 01, 2014

Jul. 01, 2014

Majority Shareholder [Member]

Majority Shareholder [Member]

Majority Shareholder [Member]

Majority Shareholder [Member]

Majority Shareholder [Member]

Majority Shareholder [Member]

Majority Shareholder [Member]

Majority Shareholder [Member]

Majority Shareholder [Member]

Omnibus Agreement [Member]

Omnibus Agreement [Member]

Texas Crude Systems Business [Member]

Texas Crude Systems Business [Member]

Texas Crude Systems Business [Member]

Lease Agreements [Member]

Lease Agreements [Member]

renewal

Receivables from Related Party

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Trade receivables b related party

$10,375,000

'

$10,375,000

'

$4,196,000

'

'

'

'

'

'

'

'

'

Due to related party

-1,886,000

'

-1,886,000

'

'

'

'

'

'

'

'

'

'

'

Due from related party

'

'

'

'

2,954,000

'

'

'

'

'

'

'

'

'

Receivables from related party

8,489,000

'

8,489,000

'

7,150,000

[1]

'

'

'

'

'

'

'

'

'

Significant Related Party Revenues and Expenses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Operating revenues b related party

33,666,000

32,012,000

[2]

94,998,000

91,916,000

[2]

'

'

'

'

'

'

'

'

'

'

Operating expenses

2,450,000

1,977,000

[2]

6,548,000

5,936,000

[2]

'

'

'

'

'

'

'

'

'

'

General and administrative expenses

2,413,000

1,797,000

[2]

7,467,000

5,026,000

[2]

'

'

'

'

'

'

'

'

'

'

Summary of Employee Benefit Plan Costs

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Pension and postretirement costs

'

'

'

'

'

0

252,000

[2]

69,000

764,000

[2]

'

'

'

'

'

Defined contribution plan costs

'

'

'

'

'

0

93,000

[2]

61,000

283,000

[2]

'

'

'

'

'

Future Minimum Rentals to be Received

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Remainder of 2014

7,291,000

'

7,291,000

'

'

'

'

'

'

'

'

'

'

'

2015

28,927,000

'

28,927,000

'

'

'

'

'

'

'

'

'

'

'

2016

28,927,000

'

28,927,000

'

'

'

'

'

'

'

'

'

'

'

2017

28,927,000

'

28,927,000

'

'

'

'

'

'

'

'

'

'

'

2018

28,927,000

'

28,927,000

'

'

'

'

'

'

'

'

'

'

'

2019

28,927,000

'

28,927,000

'

'

'

'

'

'

'

'

'

'

'

Thereafter

127,547,000

'

127,547,000

'

'

'

'

'

'

'

'

'

'

'

Total minimum rental payments

279,473,000

'

279,473,000

'

'

'

'

'

'

'

'

'

'

'

Revenues Included from Current Lease Arrangements

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Minimum rental revenues

7,291,000

'

9,515,000

'

'

'

'

'

'

'

'

'

'

'

Contingent rental revenues

2,325,000

'

3,209,000

'

'

'

'

'

'

'

'

'

'

'

Total lease revenues

9,616,000

'

12,724,000

'

'

'

'

'

'

'

'

'

'

'

Related Party Transactions (Textual)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Effective date of the Texas Crude Systems Business acquisition

'

'

'

'

'

'

'

'

'

'

'

1-Jul-14

'

'

Agreement term

'

'

'

'

'

'

'

'

'

'

'

'

'10 years

'

Number of renewal options

'

'

'

'

'

'

'

'

'

'

'

'

'

1

Lessor leasing arrangements, operating leases, renewal term

'

'

'

'

'

'

'

'

'

'

'

'

'5 years

'

Annual administrative fee

'

'

'

'

'

'

'

'

'

$9,200,000

$7,900,000

'

'

'

[1]

Prior period financial information has been retrospectively adjusted for the acquisition of the Texas Crude Systems Business from Valero Energy Corporation. See Notes 1 and 3.

[2]

Prior period financial information has been retrospectively adjusted for the Acquisition.

Property_and_Equipment_Details

Property and Equipment (Details) (USD $)	Sep. 30, 2014		Dec. 31, 2013
In Thousands, unless otherwise specified
Non-Leased Assets	'		'
Property and equipment excluding assets subject to operating lease, at cost	$360,255		$444,468	[1]
Accumulated depreciation, property and equipment excluding assets subject to operating lease	-104,043		-110,705	[1]
Property and equipment excluding assets subject to operating lease, net	256,212		333,763	[1]
Assets Under Operating Leases	'		'
Assets under operating leases, at cost	112,409	[2]	23,859	[1],[2]
Accumulated depreciation, assets under operating leases	-18,036	[2]	-4,290	[1],[2]
Assets under operating leases, net	94,373	[2]	19,569	[1],[2]
Property and Equipment, Total	'		'
Property and equipment, at cost	472,664		468,327	[1],[3]
Accumulated depreciation	-122,079		-114,995	[1],[3]
Property and equipment, net	350,585		353,332	[1],[3]
Pipelines and related assets [Member]	'		'
Non-Leased Assets	'		'
Property and equipment excluding assets subject to operating lease, at cost	226,926		259,825	[1]
Assets Under Operating Leases	'		'
Assets under operating leases, at cost	43,051	[2]	6,442	[1],[2]
Property and Equipment, Total	'		'
Property and equipment, at cost	269,977		266,267	[1]
Terminals and related assets [Member]	'		'
Non-Leased Assets	'		'
Property and equipment excluding assets subject to operating lease, at cost	109,932		158,936	[1]
Assets Under Operating Leases	'		'
Assets under operating leases, at cost	69,358	[2]	17,417	[1],[2]
Property and Equipment, Total	'		'
Property and equipment, at cost	179,290		176,353	[1]
Other [Member]	'		'
Non-Leased Assets	'		'
Property and equipment excluding assets subject to operating lease, at cost	9,111		9,049	[1]
Assets Under Operating Leases	'		'
Assets under operating leases, at cost	0	[2]	0	[1],[2]
Property and Equipment, Total	'		'
Property and equipment, at cost	9,111		9,049	[1]
Land [Member]	'		'
Non-Leased Assets	'		'
Property and equipment excluding assets subject to operating lease, at cost	4,672		4,672	[1]
Assets Under Operating Leases	'		'
Assets under operating leases, at cost	0	[2]	0	[1],[2]
Property and Equipment, Total	'		'
Property and equipment, at cost	4,672		4,672	[1]
Construction-in-progress [Member]	'		'
Non-Leased Assets	'		'
Property and equipment excluding assets subject to operating lease, at cost	9,614		11,986	[1]
Assets Under Operating Leases	'		'
Assets under operating leases, at cost	0	[2]	0	[1],[2]
Property and Equipment, Total	'		'
Property and equipment, at cost	$9,614		$11,986	[1]
[1]	Prior period financial information has been retrospectively adjusted for the Acquisition.
[2]	Represents assets owned by us for which we are the lessor (see Note 4). Certain assets acquired in the Acquisition were reflected as assets under operating leases on July 1, 2014.
[3]	Prior period financial information has been retrospectively adjusted for the acquisition of the Texas Crude Systems Business from Valero Energy Corporation. See Notes 1 and 3.

Revolving_Credit_Facility_Deta

Revolving Credit Facility (Details) (Revolving Credit Facility [Member], USD $)	9 Months Ended
	Sep. 30, 2014
	quarter
Credit Facilities (Textual)	'
Line of credit facility, maximum borrowing capacity	$300,000,000
Line of credit facility, expiration date	31-Dec-18
Number of prior quarterly reporting periods used for total debt to EBITDA ratio	4
Covenant ratio of total debt to EBITDA per terms of revolver	0.04
Maximum [Member]	'
Credit Facilities (Textual)	'
Covenant ratio of total debt to EBITDA per terms of revolver	5
Covenant ratio of total debt to EBITDA following certain acquisitions per terms of revolver	5.5

Partners_Capital_Details

Partners' Capital (Details) (USD $)

0 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

0 Months Ended

9 Months Ended

0 Months Ended

Jul. 15, 2014

Apr. 17, 2014

Jan. 20, 2014

Sep. 30, 2014

Sep. 30, 2014

Jan. 20, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Jan. 20, 2014

Sep. 30, 2014

Jan. 20, 2014

Jan. 20, 2014

Jan. 20, 2014

Oct. 14, 2014

independent_directors

General Partner Valero [Member]

General Partner Valero [Member]

Limited Partner, Common and Subordinated Units [Member]

Limited Partner, Common and Subordinated Units [Member]

Common Unitholders Public [Member]

Common Unitholders Public [Member]

Common Unitholder Valero [Member]

Common Unitholder Valero [Member]

Subordinated Unitholder Valero [Member]

Subordinated Unitholder Valero [Member]

VLP 2013 Incentive Compensation [Member]

VLP 2013 Incentive Compensation [Member]

VLP 2013 Incentive Compensation [Member]

VLP 2013 Incentive Compensation [Member]

VLP 2013 Incentive Compensation [Member]

VLP 2013 Incentive Compensation [Member]

VLP 2013 Incentive Compensation [Member]

Subsequent Event [Member]

Restricted Unit [Member]

Restricted Unit [Member]

Restricted Unit - Independent Director [Member]

Distribution Equivalent Rights (DER) [Member]

Distribution Equivalent Rights (DER) - Independent Director [Member]

Quarterly Cash Distributions

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Cash distribution declared per unit

$0.22

$0.21

$0.04

$0.24

$0.68

'

'

'

'

'

$0.24

$0.68

$0.24

$0.68

$0.24

$0.68

'

'

'

'

'

'

'

$0.24

Total cash distribution

$13,074,000

$12,487,000

$2,174,000

$14,102,000

$39,663,000

'

$282,000

$793,000

$13,820,000

$38,870,000

$4,141,000

$11,647,000

$2,770,000

$7,790,000

$6,909,000

$19,433,000

'

'

'

'

'

'

'

$14,102,000

Partners' Capital Unit Activity (Textual)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Restricted units granted in period

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

5,208

'

1,736

'

'

'

Number of independent directors

'

'

'

'

'

3

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Distribution Equivalent Rights (DERs) granted in period

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

5,208

1,736

'

Share-based compensation

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$15,000

$51,000

'

'

'

'

'

'

Vesting date of share-based performance award

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

20-Jan-17

'

'

'

'

Net_Income_Per_Limited_Partner2

Net Income Per Limited Partner Unit (Details) (USD $)	0 Months Ended			3 Months Ended			9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Jul. 15, 2014	Apr. 17, 2014	Jan. 20, 2014	Sep. 30, 2014	Sep. 30, 2013		Sep. 30, 2014	Sep. 30, 2013
Calculation of Earnings In Excess of Distributions	'	'	'	'	'		'	'
Net income attributable to partners	'	'	'	$17,543	$0	[1]	$40,225	$0	[1]
Distributions declared	13,074	12,487	2,174	14,102	'		39,663	'
Earnings in excess of distributions	'	'	'	3,441	'		562	'
Net income attributable to partners:	'	'	'	'	'		'	'
Distributions declared	13,074	12,487	2,174	14,102	'		39,663	'
Earnings in excess of distributions	'	'	'	3,441	'		562	'
Net income attributable to partners	'	'	'	17,543	0	[1]	40,225	0	[1]
Weighted-average units outstanding	'	'	'	17,250	'		17,250	'
Net income per limited partner unit b basic:	'	'	'	'	'		'	'
Distributions declared (per unit)	$0.22	$0.21	$0.04	$0.24	'		$0.68	'
Net income per limited partner unit b diluted:	'	'	'	'	'		'	'
Net income attributable to partners	'	'	'	17,543	0	[1]	40,225	0	[1]
Weighted-average units outstanding	'	'	'	17,250	'		17,250	'
Weighted-average units outstanding b diluted	'	'	'	17,251	'		17,251	'
Common Unitholders Public [Member]	'	'	'	'	'		'	'
Calculation of Earnings In Excess of Distributions	'	'	'	'	'		'	'
Net income attributable to partners	'	'	'	5,152	'		11,814	'
Distributions declared	'	'	'	4,141	'		11,647	'
Earnings in excess of distributions	'	'	'	1,011	'		167	'
Net income attributable to partners:	'	'	'	'	'		'	'
Distributions declared	'	'	'	4,141	'		11,647	'
Earnings in excess of distributions	'	'	'	1,011	'		167	'
Net income attributable to partners	'	'	'	5,152	'		11,814	'
Weighted-average units outstanding	'	'	'	17,250	'		17,250	'
Net income per limited partner unit b basic:	'	'	'	'	'		'	'
Distributions declared (per unit)	'	'	'	$0.24	'		$0.68	'
Earnings in excess of distributions (per unit)	'	'	'	$0.06	'		$0.01	'
Net income per limited partner unit b basic	'	'	'	$0.30	'		$0.69	'
Net income per limited partner unit b diluted:	'	'	'	'	'		'	'
Net income attributable to partners	'	'	'	5,152	'		11,814	'
Weighted-average units outstanding	'	'	'	17,250	'		17,250	'
Common equivalent units for nonvested restricted units	'	'	'	1	'		1	'
Weighted-average units outstanding b diluted	'	'	'	17,251	'		17,251	'
Net income per limited partner unit b diluted	'	'	'	$0.30	'		$0.68	'
Common Unitholder Valero [Member]	'	'	'	'	'		'	'
Calculation of Earnings In Excess of Distributions	'	'	'	'	'		'	'
Net income attributable to partners	'	'	'	3,444	'		7,896	'
Distributions declared	'	'	'	2,770	'		7,790	'
Earnings in excess of distributions	'	'	'	674	'		106	'
Net income attributable to partners:	'	'	'	'	'		'	'
Distributions declared	'	'	'	2,770	'		7,790	'
Earnings in excess of distributions	'	'	'	674	'		106	'
Net income attributable to partners	'	'	'	3,444	'		7,896	'
Weighted-average units outstanding	'	'	'	11,540	'		11,540	'
Net income per limited partner unit b basic:	'	'	'	'	'		'	'
Distributions declared (per unit)	'	'	'	$0.24	'		$0.68	'
Earnings in excess of distributions (per unit)	'	'	'	$0.06	'		$0.01	'
Net income per limited partner unit b basic	'	'	'	$0.30	'		$0.69	'
Net income per limited partner unit b diluted:	'	'	'	'	'		'	'
Net income attributable to partners	'	'	'	3,444	'		7,896	'
Weighted-average units outstanding	'	'	'	11,540	'		11,540	'
Common equivalent units for nonvested restricted units	'	'	'	0	'		0	'
Weighted-average units outstanding b diluted	'	'	'	11,540	'		11,540	'
Net income per limited partner unit b diluted	'	'	'	$0.30	'		$0.68	'
Subordinated Unitholder Valero [Member]	'	'	'	'	'		'	'
Calculation of Earnings In Excess of Distributions	'	'	'	'	'		'	'
Net income attributable to partners	'	'	'	8,596	'		19,710	'
Distributions declared	'	'	'	6,909	'		19,433	'
Earnings in excess of distributions	'	'	'	1,687	'		277	'
Net income attributable to partners:	'	'	'	'	'		'	'
Distributions declared	'	'	'	6,909	'		19,433	'
Earnings in excess of distributions	'	'	'	1,687	'		277	'
Net income attributable to partners	'	'	'	8,596	'		19,710	'
Weighted-average units outstanding	'	'	'	28,790	'		28,790	'
Net income per limited partner unit b basic:	'	'	'	'	'		'	'
Distributions declared (per unit)	'	'	'	$0.24	'		$0.68	'
Earnings in excess of distributions (per unit)	'	'	'	$0.06	'		$0.01	'
Net income per limited partner unit b basic	'	'	'	$0.30	'		$0.69	'
Net income per limited partner unit b diluted:	'	'	'	'	'		'	'
Net income attributable to partners	'	'	'	8,596	'		19,710	'
Weighted-average units outstanding	'	'	'	28,790	'		28,790	'
Common equivalent units for nonvested restricted units	'	'	'	0	'		0	'
Weighted-average units outstanding b diluted	'	'	'	28,790	'		28,790	'
Net income per limited partner unit b diluted	'	'	'	$0.30	'		$0.68	'
General Partner Valero [Member]	'	'	'	'	'		'	'
Calculation of Earnings In Excess of Distributions	'	'	'	'	'		'	'
Net income attributable to partners	'	'	'	351	'		805	'
Distributions declared	'	'	'	282	'		793	'
Earnings in excess of distributions	'	'	'	69	'		12	'
Net income attributable to partners:	'	'	'	'	'		'	'
Distributions declared	'	'	'	282	'		793	'
Earnings in excess of distributions	'	'	'	69	'		12	'
Net income attributable to partners	'	'	'	351	'		805	'
Net income per limited partner unit b diluted:	'	'	'	'	'		'	'
Net income attributable to partners	'	'	'	$351	'		$805	'
[1]	Prior period financial information has been retrospectively adjusted for the acquisition of the Texas Crude Systems Business from Valero Energy Corporation. See Notes 1 and 3.

Supplemental_Cash_Flow_Informa2

Supplemental Cash Flow Information (Details) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013
Decrease (increase) in current assets:	'	'
Receivables from related party	$2,955	($19)	[1]
Prepaid expenses and other	-1,462	-45	[1]
Increase (decrease) in current liabilities:	'	'
Accounts payable	-4,408	0	[1]
Accrued liabilities	686	0	[1]
Taxes other than income taxes	65	0	[1]
Deferred revenue from related party	229	0	[1]
Deferred revenue from third party	0	20	[1]
Changes in current assets and current liabilities	-1,935	-44	[1],[2]
Reconciliation of Net Transfers to Valero	'	'
Net transfers to Valero per statement of partnersb capital	-9,940	-51,008	[1],[2]
Less: Noncash transfers from Valero	153	1,187	[1]
Net transfers to Valero per statement of cash flows	-10,093	-52,195	[1],[2]
Cash Flows Related to Interest and Income Taxes Paid	'	'
Interest paid	686	466	[1]
Income taxes paid	$74	$383	[1]
[1]	Prior period financial information has been retrospectively adjusted for the Acquisition.
[2]	Prior period financial information has been retrospectively adjusted for the acquisition of the Texas Crude Systems Business from Valero Energy Corporation. See Notes 1 and 3.