Datasets:

nlpaueb

/

finer-139

like 14

[ "In", "May", "2014", ",", "the", "FASB", "issued", "ASU", "No", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "2014", "-", "09", ",", "Revenue", "from", "Contracts", "with", "Customers", ",", "which", "requires", "an", "entity", "to", "recognize", "the", "amount", "of", "revenue", "to", "which", "it", "expects", "to", "be", "entitled", "for", "the", "transfer", "of", "promised", "goods", "or", "services", "to", "customers", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "The", "8", "MARTIN", "MIDSTREAM", "PARTNERS", "L.P.NOTES", "TO", "CONSOLIDATED", "AND", "CONDENSED", "FINANCIAL", "STATEMENTS", "(", "Dollars", "in", "thousands", ",", "except", "where", "otherwise", "indicated", ")", "June", "30", ",", "2016", "(", "Unaudited", ")", "new", "standard", "is", "effective", "for", "the", "Partnership", "on", "January", "1", ",", "2018", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "The", "Partnership", "is", "evaluating", "the", "effect", "that", "ASU", "2014", "-", "09", "will", "have", "on", "its", "consolidated", "and", "condensed", "financial", "statements", "and", "related", "disclosures", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "On", "February", "12", ",", "2015", ",", "the", "Partnership", "sold", "all", "six", "of", "its", "16,101", "barrel", "liquefied", "petroleum", "gas", "(", "\"", "LPG", "\"", ")", "pressure", "barges", ",", "collectively", "referred", "to", "as", "the", "\"", "Floating", "Storage", "Assets", ".", "\"" ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "These", "assets", "were", "acquired", "on", "February", "28", ",", "2013", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "On", "December", "19", ",", "2014", ",", "the", "Partnership", "made", "the", "decision", "to", "dispose", "of", "the", "Floating", "Storage", "Assets", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "As", "a", "result", ",", "the", "Partnership", "classified", "the", "Floating", "Storage", "Assets", "as", "held", "for", "sale", "at", "December", "31", ",", "2014", "and", "has", "presented", "the", "results", "of", "operations", "and", "cash", "flows", "of", "the", "Floating", "Storage", "Assets", "as", "discontinued", "operations", "for", "the", "three", "and", "six", "months", "ended", "June", "30", ",", "2016", "and", "2015", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "The", "Floating", "Storage", "Assets", "were", "presented", "as", "discontinued", "operations", "under", "the", "guidance", "prior", "to", "the", "Partnership", "'s", "adoption", "of", "ASU", "2014", "-", "08", "related", "to", "discontinued", "operations", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "The", "adoption", "of", "the", "amended", "guidance", "was", "effective", "for", "the", "Partnership", "January", "1", ",", "2015", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "The", "Floating", "Storage", "Assets", "’", "operating", "results", ",", "which", "are", "included", "in", "income", "from", "discontinued", "operations", ",", "were", "as", "follows", ":", "1", "All", "revenues", "for", "the", "six", "months", "ended", "June", "30", ",", "2015", "were", "from", "third", "parties", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "(", "4", ")", "Inventories", "Components", "of", "inventories", "at", "June", "30", ",", "2016", "and", "December", "31", ",", "2015", "were", "as", "follows", ":", "9", "MARTIN", "MIDSTREAM", "PARTNERS", "L.P.NOTES", "TO", "CONSOLIDATED", "AND", "CONDENSED", "FINANCIAL", "STATEMENTS", "(", "Dollars", "in", "thousands", ",", "except", "where", "otherwise", "indicated", ")", "June", "30", ",", "2016", "(", "Unaudited", ")", "(", "5", ")", "Investment", "in", "West", "Texas", "LPG", "Pipeline", "L.P." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "The", "Partnership", "owns", "a", "19.8", "%", "general", "partnership", "and", "0.2", "%", "limited", "partnership", "interest", "in", "West", "Texas", "LPG", "Pipeline", "L.P.", "(", "\"", "WTLPG", "\"", ")", "." ]

[ 0, 0, 0, 0, 98, 0, 0, 0, 0, 98, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "WTLPG", "owns", "an", "approximate", "2,300", "mile", "common", "-", "carrier", "pipeline", "system", "that", "transports", "NGLs", "from", "New", "Mexico", "and", "Texas", "to", "Mont", "Belvieu", ",", "Texas", "for", "fractionation", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "The", "Partnership", "recognizes", "its", "20", "%", "interest", "in", "WTLPG", "as", "\"", "Investment", "in", "WTLPG", "\"", "on", "its", "Consolidated", "and", "Condensed", "Balance", "Sheets", "." ]

[ 0, 0, 0, 0, 64, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "The", "Partnership", "has", "entered", "into", "hedging", "transactions", "as", "of", "June", "30", ",", "2016", "to", "protect", "a", "portion", "of", "its", "commodity", "price", "risk", "exposure", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "Martin", "Energy", "Trading", "LLC", "(", "\"", "MET", "\"", ")", "serves", "as", "the", "counterparty", "for", "all", "positions", "outstanding", "at", "June", "30", ",", "2016", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "10", "MARTIN", "MIDSTREAM", "PARTNERS", "L.P.NOTES", "TO", "CONSOLIDATED", "AND", "CONDENSED", "FINANCIAL", "STATEMENTS", "(", "Dollars", "in", "thousands", ",", "except", "where", "otherwise", "indicated", ")", "June", "30", ",", "2016", "(", "Unaudited", ")", "During", "the", "six", "months", "ended", "June", "30", ",", "2016", "and", "2015", ",", "the", "Partnership", "entered", "into", "contracts", "which", "provided", "the", "counterparty", "the", "option", "to", "enter", "into", "swap", "contracts", "to", "hedge", "the", "Partnership", "'s", "exposure", "to", "changes", "in", "the", "fair", "value", "of", "its", "senior", "unsecured", "notes", "(", "\"", "interest", "rate", "swaptions", "\"", ")", "through", "June", "30", ",", "2016", "and", "2015", ",", "respectively", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "Each", "of", "the", "interest", "rate", "swaptions", "was", "fully", "amortized", "as", "of", "June", "30", ",", "2016", "and", "2015", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "As", "of", "December", "31", ",", "2015", ",", "the", "Partnership", "had", "a", "fixed", "-", "to", "-", "variable", "interest", "rate", "swap", "agreement", "with", "a", "notional", "principal", "amount", "of", "$", "50,000", "of", "fixed", "-", "to", "-", "variable", "interest", "rate", "swap", "agreements", ",", "effectively", "converting", "the", "interest", "expense", "associated", "with", "a", "portion", "of", "the", "Partnership", "'s", "2021", "senior", "unsecured", "notes", "from", "fixed", "rate", "to", "variable", "rate", "based", "on", "the", "LIBOR", "interest", "rate", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "The", "Partnership", "'s", "swap", "agreement", "had", "a", "termination", "date", "that", "corresponded", "to", "the", "maturity", "date", "of", "the", "2021", "senior", "unsecured", "notes", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "(", "c", ")", "Tabular", "Presentation", "of", "Gains", "and", "Losses", "on", "Derivative", "Instruments", "The", "following", "table", "summarizes", "the", "fair", "value", "and", "classification", "of", "the", "Partnership", "’", "s", "derivative", "instruments", "in", "its", "Consolidated", "and", "Condensed", "Balance", "Sheets", ":", "11", "MARTIN", "MIDSTREAM", "PARTNERS", "L.P.NOTES", "TO", "CONSOLIDATED", "AND", "CONDENSED", "FINANCIAL", "STATEMENTS", "(", "Dollars", "in", "thousands", ",", "except", "where", "otherwise", "indicated", ")", "June", "30", ",", "2016", "(", "Unaudited", ")", "Effect", "of", "Derivative", "Instruments", "on", "the", "Consolidated", "and", "Condensed", "Statements", "of", "Operations", "For", "the", "Three", "Months", "Ended", "June", "30", ",", "2016", "and", "2015", "Effect", "of", "Derivative", "Instruments", "on", "the", "Consolidated", "and", "Condensed", "Statements", "of", "Operations", "For", "the", "Six", "Months", "Ended", "June", "30", ",", "2016", "and", "2015", "(", "7", ")", "Fair", "Value", "Measurements", "The", "Partnership", "uses", "a", "valuation", "framework", "based", "upon", "inputs", "that", "market", "participants", "use", "in", "pricing", "certain", "assets", "and", "liabilities", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "These", "inputs", "are", "classified", "into", "two", "categories", ":", "observable", "inputs", "and", "unobservable", "inputs", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "The", "two", "types", "of", "inputs", "are", "further", "prioritized", "into", "the", "following", "hierarchy", ":", "Level", "1", ":", "Quoted", "market", "prices", "in", "active", "markets", "for", "identical", "assets", "or", "liabilities", ".", "Level", "2", ":", "Observable", "market", "based", "inputs", "or", "unobservable", "inputs", "that", "are", "corroborated", "by", "market", "data", ".", "Level", "3", ":", "Unobservable", "inputs", "that", "reflect", "the", "entity", "'s", "own", "assumptions", "and", "are", "not", "corroborated", "by", "market", "data", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "The", "following", "methods", "and", "assumptions", "were", "used", "to", "estimate", "the", "fair", "value", "of", "each", "class", "of", "financial", "instrument", ":", "12", "MARTIN", "MIDSTREAM", "PARTNERS", "L.P.NOTES", "TO", "CONSOLIDATED", "AND", "CONDENSED", "FINANCIAL", "STATEMENTS", "(", "Dollars", "in", "thousands", ",", "except", "where", "otherwise", "indicated", ")", "June", "30", ",", "2016", "(", "Unaudited", ")", "•", "Accounts", "and", "other", "receivables", ",", "trade", "and", "other", "accounts", "payable", ",", "accrued", "interest", "payable", ",", "other", "accrued", "liabilities", ",", "income", "taxes", "payable", "and", "due", "from", "/", "to", "affiliates", ":", "The", "carrying", "amounts", "approximate", "fair", "value", "due", "to", "the", "short", "maturity", "and", "highly", "liquid", "nature", "of", "these", "instruments", ",", "and", "as", "such", "these", "have", "been", "excluded", "from", "the", "table", "below", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "Components", "of", "\"", "Other", "accrued", "liabilities", "\"", "were", "as", "follows", ":", "13", "MARTIN", "MIDSTREAM", "PARTNERS", "L.P.NOTES", "TO", "CONSOLIDATED", "AND", "CONDENSED", "FINANCIAL", "STATEMENTS", "(", "Dollars", "in", "thousands", ",", "except", "where", "otherwise", "indicated", ")", "June", "30", ",", "2016", "(", "Unaudited", ")", "(", "9", ")", "Long", "-", "Term", "Debt", "At", "June", "30", ",", "2016", "and", "December", "31", ",", "2015", ",", "long", "-", "term", "debt", "consisted", "of", "the", "following", ":", "1", "Interest", "rate", "fluctuates", "based", "on", "the", "LIBOR", "rate", "plus", "an", "applicable", "margin", "set", "on", "the", "date", "of", "each", "advance", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "The", "margin", "above", "LIBOR", "is", "set", "every", "three", "months", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "All", "amounts", "outstanding", "at", "June", "30", ",", "2016", "and", "December", "31", ",", "2015", "were", "at", "LIBOR", "plus", "an", "applicable", "margin", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "The", "applicable", "margin", "for", "revolving", "loans", "that", "are", "LIBOR", "loans", "ranges", "from", "2.00", "%", "to", "3.00", "%", "and", "the", "applicable", "margin", "for", "revolving", "loans", "that", "are", "base", "prime", "rate", "loans", "ranges", "from", "1.00", "%", "to", "2.00", "%", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 34, 0, 0, 34, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 34, 0, 0, 34, 0, 0 ]

[ "The", "applicable", "margin", "for", "existing", "LIBOR", "borrowings", "at", "June", "30", ",", "2016", "is", "3.00", "%", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 34, 0, 0 ]

[ "2", "The", "Partnership", "is", "in", "compliance", "with", "all", "debt", "covenants", "as", "of", "June", "30", ",", "2016", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "3", "On", "April", "27", ",", "2016", ",", "the", "Partnership", "made", "certain", "strategic", "amendments", "to", "its", "credit", "facility", "which", ",", "among", "other", "things", ",", "decreased", "its", "borrowing", "capacity", "from", "$", "700,000", "to", "$", "664,444", "and", "extended", "the", "maturity", "date", "of", "the", "facility", "from", "March", "28", ",", "2018", "to", "March", "28", ",", "2020", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 37, 0, 0, 37, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "In", "connection", "with", "the", "amendment", ",", "the", "Partnership", "expensed", "$", "820", "of", "unamortized", "debt", "issuance", "costs", "determined", "not", "to", "have", "continuing", "benefit", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 49, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "Martin", "Resource", "Management", "controls", "the", "Partnership", "'s", "general", "partner", ",", "by", "virtue", "of", "its", "51", "%", "voting", "interest", "in", "MMGP", "Holdings", ",", "LLC", "(", "\"", "Holdings", "\"", ")", ",", "the", "sole", "member", "of", "the", "Partnership", "'s", "general", "partner", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 64, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "The", "target", "distribution", "levels", "entitle", "the", "general", "partner", "to", "receive", "2", "%", "of", "quarterly", "cash", "distributions", "up", "to", "$", "0.55", "per", "unit", ",", "15", "%", "of", "quarterly", "cash", "distributions", "in", "excess", "of", "$", "0.55", "per", "unit", "until", "all", "unitholders", "have", "received", "$", "0.625", "per", "unit", ",", "25", "%", "of", "quarterly", "cash", "distributions", "in", "excess", "of", "$", "0.625", "per", "unit", "until", "all", "unitholders", "have", "received", "$", "0.75", "per", "unit", "and", "50", "%", "of", "quarterly", "cash", "distributions", "in", "excess", "of", "$", "0.75", "per", "unit", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "Distributions", "of", "Available", "Cash", "The", "Partnership", "distributes", "all", "of", "its", "available", "cash", "(", "as", "defined", "in", "the", "Partnership", "Agreement", ")", "within", "45", "days", "after", "the", "end", "of", "each", "quarter", "to", "unitholders", "of", "record", "and", "to", "the", "general", "partner", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "Available", "cash", "is", "generally", "defined", "as", "all", "cash", "and", "cash", "equivalents", "of", "the", "Partnership", "on", "hand", "at", "the", "end", "of", "each", "quarter", "less", "the", "amount", "of", "cash", "reserves", "its", "general", "partner", "determines", "in", "its", "reasonable", "discretion", "is", "necessary", "or", "appropriate", "to", ":", "(", "i", ")", "provide", "for", "the", "proper", "conduct", "of", "the", "Partnership", "’", "s", "business", ";", "(", "ii", ")", "comply", "with", "applicable", "law", ",", "any", "debt", "instruments", "or", "other", "agreements", ";", "or", "(", "iii", ")", "provide", "funds", "for", "distributions", "to", "unitholders", "and", "the", "general", "partner", "for", "any", "one", "or", "more", "of", "the", "next", "four", "quarters", ",", "plus", "all", "cash", "on", "the", "date", "of", "determination", "of", "available", "cash", "for", "the", "quarter", "resulting", "from", "working", "capital", "borrowings", "made", "after", "the", "end", "of", "the", "quarter", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "Net", "Income", "per", "Unit", "The", "Partnership", "follows", "the", "provisions", "of", "the", "FASB", "ASC", "260", "-", "10", "related", "to", "earnings", "per", "share", ",", "which", "addresses", "the", "application", "of", "the", "two", "-", "class", "method", "in", "determining", "income", "per", "unit", "for", "master", "limited", "partnerships", "having", "multiple", "classes", "of", "securities", "that", "may", "participate", "in", "partnership", "distributions", "accounted", "for", "as", "equity", "distributions", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "Additionally", ",", "as", "required", "under", "FASB", "ASC", "260", "-", "10", "-", "45", "-", "61A", ",", "unvested", "share", "-", "based", "payments", "that", "entitle", "employees", "to", "receive", "non", "-", "forfeitable", "distributions", "are", "considered", "participating", "securities", ",", "as", "defined", "in", "FASB", "ASC", "260", "-", "10", "-", "20", ",", "for", "earnings", "per", "unit", "calculations", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "The", "following", "is", "a", "reconciliation", "of", "net", "income", "allocated", "to", "the", "general", "partner", "and", "limited", "partners", "for", "purposes", "of", "calculating", "net", "income", "attributable", "to", "limited", "partners", "per", "unit", ":", "15", "MARTIN", "MIDSTREAM", "PARTNERS", "L.P.NOTES", "TO", "CONSOLIDATED", "AND", "CONDENSED", "FINANCIAL", "STATEMENTS", "(", "Dollars", "in", "thousands", ",", "except", "where", "otherwise", "indicated", ")", "June", "30", ",", "2016", "(", "Unaudited", ")", "The", "following", "are", "the", "unit", "amounts", "used", "to", "compute", "the", "basic", "and", "diluted", "earnings", "per", "limited", "partner", "unit", "for", "the", "periods", "presented", ":", "All", "outstanding", "units", "were", "included", "in", "the", "computation", "of", "diluted", "earnings", "per", "unit", "and", "weighted", "based", "on", "the", "number", "of", "days", "such", "units", "were", "outstanding", "during", "the", "periods", "presented", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "All", "common", "unit", "equivalents", "were", "antidilutive", "for", "the", "three", "months", "ended", "June", "30", ",", "2016", "because", "the", "limited", "partners", "were", "allocated", "a", "net", "loss", "in", "this", "period", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "(", "11", ")", "Related", "Party", "Transactions", "As", "of", "June", "30", ",", "2016", ",", "Martin", "Resource", "Management", "owns", "6,264,532", "of", "the", "Partnership", "’", "s", "common", "units", "representing", "approximately", "17.7", "%", "of", "the", "Partnership", "’", "s", "outstanding", "limited", "partner", "units", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 64, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "The", "Partnership", "’", "s", "general", "partner", "’", "s", "ability", ",", "as", "general", "partner", ",", "to", "manage", "and", "operate", "the", "Partnership", ",", "and", "Martin", "Resource", "Management", "’", "s", "ownership", "as", "of", "June", "30", ",", "2016", ",", "of", "approximately", "17.7", "%", "of", "the", "Partnership", "’", "s", "outstanding", "limited", "partner", "units", ",", "effectively", "gives", "Martin", "Resource", "Management", "the", "ability", "to", "veto", "some", "of", "the", "Partnership", "’", "s", "actions", "and", "to", "control", "the", "Partnership", "’", "s", "management", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 64, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "The", "following", "is", "a", "description", "of", "the", "Partnership", "’", "s", "material", "related", "party", "agreements", "and", "transactions", ":", "16", "MARTIN", "MIDSTREAM", "PARTNERS", "L.P.NOTES", "TO", "CONSOLIDATED", "AND", "CONDENSED", "FINANCIAL", "STATEMENTS", "(", "Dollars", "in", "thousands", ",", "except", "where", "otherwise", "indicated", ")", "June", "30", ",", "2016", "(", "Unaudited", ")", "Omnibus", "Agreement", "Omnibus", "Agreement", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "The", "Partnership", "and", "its", "general", "partner", "are", "parties", "to", "the", "Omnibus", "Agreement", "dated", "November", "1", ",", "2002", ",", "with", "Martin", "Resource", "Management", "that", "governs", ",", "among", "other", "things", ",", "potential", "competition", "and", "indemnification", "obligations", "among", "the", "parties", "to", "the", "agreement", ",", "related", "party", "transactions", ",", "the", "provision", "of", "general", "administration", "and", "support", "services", "by", "Martin", "Resource", "Management", "and", "the", "Partnership", "’", "s", "use", "of", "certain", "Martin", "Resource", "Management", "trade", "names", "and", "trademarks", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "The", "Omnibus", "Agreement", "was", "amended", "on", "November", "25", ",", "2009", ",", "to", "include", "processing", "crude", "oil", "into", "finished", "products", "including", "naphthenic", "lubricants", ",", "distillates", ",", "asphalt", "and", "other", "intermediate", "cuts", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "The", "Omnibus", "Agreement", "was", "amended", "further", "on", "October", "1", ",", "2012", ",", "to", "permit", "the", "Partnership", "to", "provide", "certain", "lubricant", "packaging", "products", "and", "services", "to", "Martin", "Resource", "Management", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "•", "any", "business", "that", "Martin", "Resource", "Management", "acquires", "or", "constructs", "that", "has", "a", "fair", "market", "value", "of", "less", "than", "$", "5,000", ";", "17", "MARTIN", "MIDSTREAM", "PARTNERS", "L.P.NOTES", "TO", "CONSOLIDATED", "AND", "CONDENSED", "FINANCIAL", "STATEMENTS", "(", "Dollars", "in", "thousands", ",", "except", "where", "otherwise", "indicated", ")", "June", "30", ",", "2016", "(", "Unaudited", ")", "•", "any", "business", "that", "Martin", "Resource", "Management", "acquires", "or", "constructs", "that", "has", "a", "fair", "market", "value", "of", "$", "5,000", "or", "more", "if", "the", "Partnership", "has", "been", "offered", "the", "opportunity", "to", "purchase", "the", "business", "for", "fair", "market", "value", "and", "the", "Partnership", "declines", "to", "do", "so", "with", "the", "concurrence", "of", "the", "conflicts", "committee", "of", "the", "board", "of", "directors", "of", "the", "general", "partner", "of", "the", "Partnership", "(", "the", "\"", "Conflicts", "Committee", "\"", ")", ";", "and", "•", "any", "business", "that", "Martin", "Resource", "Management", "acquires", "or", "constructs", "where", "a", "portion", "of", "such", "business", "includes", "a", "restricted", "business", "and", "the", "fair", "market", "value", "of", "the", "restricted", "business", "is", "$", "5,000", "or", "more", "and", "represents", "less", "than", "20", "%", "of", "the", "aggregate", "value", "of", "the", "entire", "business", "to", "be", "acquired", "or", "constructed", ";", "provided", "that", ",", "following", "completion", "of", "the", "acquisition", "or", "construction", ",", "the", "Partnership", "will", "be", "provided", "the", "opportunity", "to", "purchase", "the", "restricted", "business", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "Effective", "January", "1", ",", "2016", ",", "through", "December", "31", ",", "2016", ",", "the", "Conflicts", "Committee", "approved", "an", "annual", "reimbursement", "amount", "for", "indirect", "expenses", "of", "$", "13,033", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "The", "Partnership", "reimbursed", "Martin", "Resource", "Management", "for", "$", "3,257", "and", "$", "6,516", "of", "indirect", "expenses", "for", "the", "three", "and", "six", "months", "ended", "June", "30", ",", "2016", ",", "respectively", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "The", "Partnership", "reimbursed", "Martin", "Resource", "Management", "for", "$", "3,419", "and", "$", "6,839", "of", "indirect", "expenses", "for", "the", "three", "and", "six", "months", "ended", "June", "30", ",", "2015", ",", "respectively", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "The", "Omnibus", "Agreement", "was", "first", "amended", "on", "November", "25", ",", "2009", ",", "to", "permit", "the", "Partnership", "to", "provide", "refining", "services", "to", "Martin", "Resource", "Management", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "The", "Omnibus", "Agreement", "was", "amended", "further", "on", "October", "1", ",", "2012", ",", "to", "permit", "the", "Partnership", "to", "provide", "certain", "lubricant", "packaging", "products", "and", "services", "to", "Martin", "Resource", "Management", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "18", "MARTIN", "MIDSTREAM", "PARTNERS", "L.P.NOTES", "TO", "CONSOLIDATED", "AND", "CONDENSED", "FINANCIAL", "STATEMENTS", "(", "Dollars", "in", "thousands", ",", "except", "where", "otherwise", "indicated", ")", "June", "30", ",", "2016", "(", "Unaudited", ")", "Motor", "Carrier", "Agreement", "Motor", "Carrier", "Agreement", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "The", "Partnership", "is", "a", "party", "to", "a", "motor", "carrier", "agreement", "effective", "January", "1", ",", "2006", ",", "as", "amended", ",", "with", "Martin", "Transport", ",", "Inc.", ",", "a", "wholly", "owned", "subsidiary", "of", "Martin", "Resource", "Management", "through", "which", "Martin", "Transport", ",", "Inc.", "operates", "its", "land", "transportation", "operations", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "The", "agreement", "has", "an", "initial", "term", "that", "expired", "in", "December", "2007", "but", "automatically", "renews", "for", "consecutive", "one", "year", "periods", "unless", "either", "party", "terminates", "the", "agreement", "by", "giving", "written", "notice", "to", "the", "other", "party", "at", "least", "30", "days", "prior", "to", "the", "expiration", "of", "the", "then", "-", "applicable", "term", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "The", "Partnership", "has", "the", "right", "to", "terminate", "this", "agreement", "at", "any", "time", "by", "providing", "90", "days", "prior", "notice", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "The", "Partnership", "is", "a", "party", "to", "a", "marine", "transportation", "agreement", "effective", "January", "1", ",", "2006", ",", "as", "amended", ",", "under", "which", "the", "Partnership", "provides", "marine", "transportation", "services", "to", "Martin", "Resource", "Management", "on", "a", "spot", "-", "contract", "basis", "at", "applicable", "market", "rates", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "Effective", "each", "January", "1", ",", "this", "agreement", "automatically", "renews", "for", "consecutive", "one", "year", "periods", "unless", "either", "party", "terminates", "the", "agreement", "by", "giving", "written", "notice", "to", "the", "other", "party", "at", "least", "60", "days", "prior", "to", "the", "expiration", "of", "the", "then", "applicable", "term", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "The", "Partnership", "is", "a", "party", "to", "an", "agreement", "with", "Martin", "Resource", "Management", "dated", "November", "1", ",", "2002", ",", "under", "which", "Martin", "Resource", "Management", "provides", "the", "Partnership", "with", "marine", "fuel", "from", "its", "locations", "in", "the", "Gulf", "of", "Mexico", "at", "a", "fixed", "rate", "in", "excess", "of", "the", "Platt", "’", "s", "U.S.", "Gulf", "Coast", "Index", "for", "#", "2", "Fuel", "Oil", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "Effective", "January", "1", ",", "2016", ",", "the", "Partnership", "entered", "into", "a", "new", "terminalling", "services", "agreement", "under", "which", "the", "Partnership", "provides", "terminal", "services", "to", "Martin", "Resource", "Management", "for", "marine", "fuel", "distribution", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "This", "agreement", "replaced", "the", "prior", "agreement", "that", "was", "in", "place", "concerning", "the", "same", "services", ",", "which", "was", "dated", "January", "1", ",", "2015", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "The", "Partnership", "is", "a", "party", "to", "an", "amended", "and", "restated", "tolling", "agreement", "with", "Cross", "Oil", "Refining", "and", "Marketing", ",", "Inc.", "(", "\"", "Cross", "\"", ")", "dated", "October", "28", ",", "2014", ",", "as", "amended", ",", "under", "which", "the", "Partnership", "processes", "crude", "oil", "into", "finished", "products", ",", "including", "naphthenic", "lubricants", ",", "distillates", ",", "asphalt", "and", "other", "intermediate", "cuts", "for", "Cross", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "The", "tolling", "agreement", "expires", "November", "25", ",", "2031", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "Under", "this", "tolling", "agreement", ",", "Cross", "agreed", "to", "process", "a", "minimum", "of", "6,500", "barrels", "per", "19", "MARTIN", "MIDSTREAM", "PARTNERS", "L.P.NOTES", "TO", "CONSOLIDATED", "AND", "CONDENSED", "FINANCIAL", "STATEMENTS", "(", "Dollars", "in", "thousands", ",", "except", "where", "otherwise", "indicated", ")", "June", "30", ",", "2016", "(", "Unaudited", ")", "day", "of", "crude", "oil", "at", "the", "facility", "at", "a", "fixed", "price", "per", "barrel", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "The", "Partnership", "is", "party", "to", "a", "second", "amended", "and", "restated", "sulfuric", "acid", "sales", "agency", "agreement", "dated", "August", "5", ",", "2013", ",", "under", "which", "Martin", "Resource", "Management", "purchases", "and", "markets", "the", "sulfuric", "acid", "produced", "by", "the", "Partnership", "’", "s", "sulfuric", "acid", "production", "plant", "at", "Plainview", ",", "Texas", "that", "is", "not", "consumed", "by", "the", "Partnership", "’", "s", "internal", "operations", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "This", "agreement", ",", "as", "amended", ",", "will", "remain", "in", "place", "until", "the", "Partnership", "terminates", "it", "by", "providing", "180", "days", "written", "notice", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "MET", "may", "prepay", "any", "or", "all", "of", "the", "note", "balance", "on", "or", "after", "September", "1", ",", "2016", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "As", "discussed", "in", "Note", "6", ",", "the", "Partnership", "has", "certain", "derivative", "financial", "instruments", "through", "March", "31", ",", "2017", "to", "protect", "a", "portion", "of", "its", "commodity", "price", "risk", "exposure", "related", "to", "NGLs", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "MET", "serves", "as", "counterparty", "to", "the", "outstanding", "positions", "at", "June", "30", ",", "2016", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "(", "12", ")", "Income", "Taxes", "The", "operations", "of", "the", "Partnership", "are", "generally", "not", "subject", "to", "income", "taxes", "because", "its", "income", "is", "taxed", "directly", "to", "its", "partners", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "The", "impact", "on", "deferred", "taxes", "as", "a", "result", "of", "this", "provision", "is", "21", "MARTIN", "MIDSTREAM", "PARTNERS", "L.P.NOTES", "TO", "CONSOLIDATED", "AND", "CONDENSED", "FINANCIAL", "STATEMENTS", "(", "Dollars", "in", "thousands", ",", "except", "where", "otherwise", "indicated", ")", "June", "30", ",", "2016", "(", "Unaudited", ")", "immaterial", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "(", "13", ")", "Business", "Segments", "The", "Partnership", "has", "four", "reportable", "segments", ":", "terminalling", "and", "storage", ",", "natural", "gas", "services", ",", "sulfur", "services", "and", "marine", "transportation", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "The", "accounting", "policies", "of", "the", "operating", "segments", "are", "the", "same", "as", "those", "described", "in", "Note", "2", "in", "the", "Partnership", "’", "s", "Annual", "Report", "on", "Form", "10-K", "for", "the", "year", "ended", "December", "31", ",", "2015", ",", "filed", "with", "the", "SEC", "on", "February", "29", ",", "2016", ",", "as", "amended", ",", "by", "Amendment", "No", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "1", "on", "Form", "10-K", "/", "A", "filed", "on", "March", "30", ",", "2016", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "22", "MARTIN", "MIDSTREAM", "PARTNERS", "L.P.NOTES", "TO", "CONSOLIDATED", "AND", "CONDENSED", "FINANCIAL", "STATEMENTS", "(", "Dollars", "in", "thousands", ",", "except", "where", "otherwise", "indicated", ")", "June", "30", ",", "2016", "(", "Unaudited", ")", "The", "Partnership", "'s", "assets", "by", "reportable", "segment", "as", "of", "June", "30", ",", "2016", "and", "December", "31", ",", "2015", ",", "are", "as", "follows", ":", "(", "14", ")", "Unit", "Based", "Awards", "The", "Partnership", "recognizes", "compensation", "cost", "related", "to", "unit", "-", "based", "awards", "to", "employees", "in", "its", "consolidated", "financial", "statements", "in", "accordance", "with", "certain", "provisions", "of", "ASC", "718", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "The", "Partnership", "recognizes", "compensation", "costs", "related", "to", "unit", "-", "based", "awards", "to", "directors", "under", "certain", "provisions", "of", "ASC", "505", "-", "50", "-", "55", "related", "to", "equity", "-", "based", "payments", "to", "non", "-", "employees", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "Amounts", "recognized", "in", "selling", ",", "general", ",", "and", "administrative", "expense", "in", "the", "consolidated", "and", "condensed", "financial", "statements", "with", "respect", "to", "these", "plans", "are", "as", "follows", ":", "23", "MARTIN", "MIDSTREAM", "PARTNERS", "L.P.NOTES", "TO", "CONSOLIDATED", "AND", "CONDENSED", "FINANCIAL", "STATEMENTS", "(", "Dollars", "in", "thousands", ",", "except", "where", "otherwise", "indicated", ")", "June", "30", ",", "2016", "(", "Unaudited", ")", "Long", "-", "Term", "Incentive", "Plans", "The", "Partnership", "'s", "general", "partner", "has", "a", "long", "-", "term", "incentive", "plan", "for", "employees", "and", "directors", "of", "the", "general", "partner", "and", "its", "affiliates", "who", "perform", "services", "for", "the", "Partnership", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "The", "plan", "consists", "of", "two", "components", ":", "restricted", "units", "and", "unit", "options", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "The", "plan", "currently", "permits", "the", "grant", "of", "awards", "covering", "an", "aggregate", "of", "725,000", "common", "units", ",", "241,667", "of", "which", "may", "be", "awarded", "in", "the", "form", "of", "restricted", "units", "and", "483,333", "of", "which", "may", "be", "awarded", "in", "the", "form", "of", "unit", "options", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 145, 0, 0, 0, 145, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 145, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "Restricted", "units", "issued", "to", "employees", "generally", "cliff", "vest", "after", "three", "years", "of", "service", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "A", "summary", "of", "the", "restricted", "unit", "activity", "for", "the", "six", "months", "ended", "June", "30", ",", "2016", "is", "provided", "below", ":", "A", "summary", "of", "the", "restricted", "units", "’", "aggregate", "intrinsic", "value", "(", "market", "value", "at", "vesting", "date", ")", "and", "fair", "value", "of", "units", "vested", "(", "market", "value", "at", "date", "of", "grant", ")", "during", "the", "six", "months", "ended", "June", "30", ",", "2016", "and", "2015", "is", "provided", "below", ":", "As", "of", "June", "30", ",", "2016", ",", "there", "was", "$", "1,668", "of", "unrecognized", "compensation", "cost", "related", "to", "non", "-", "vested", "restricted", "units", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 59, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "That", "cost", "is", "expected", "to", "be", "recognized", "over", "a", "weighted", "-", "average", "period", "of", "1.93", "years", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 60, 0, 0 ]

[ "24", "MARTIN", "MIDSTREAM", "PARTNERS", "L.P.NOTES", "TO", "CONSOLIDATED", "AND", "CONDENSED", "FINANCIAL", "STATEMENTS", "(", "Dollars", "in", "thousands", ",", "except", "where", "otherwise", "indicated", ")", "June", "30", ",", "2016", "(", "Unaudited", ")", "Unit", "Options", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "As", "of", "June", "30", ",", "2016", ",", "the", "Partnership", "has", "not", "granted", "any", "common", "unit", "options", "to", "directors", "or", "employees", "of", "the", "Partnership", "'s", "general", "partner", ",", "or", "its", "affiliates", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "(", "15", ")", "Condensed", "Consolidating", "Financial", "Information", "The", "Partnership", "'s", "operations", "are", "conducted", "by", "its", "operating", "subsidiaries", "as", "it", "has", "no", "independent", "assets", "or", "operations", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "(", "16", ")", "Commitments", "and", "Contingencies", "From", "time", "to", "time", ",", "the", "Partnership", "is", "subject", "to", "various", "claims", "and", "legal", "actions", "arising", "in", "the", "ordinary", "course", "of", "business", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "Pursuant", "to", "a", "Purchase", "Price", "Reimbursement", "Agreement", "between", "the", "Partnership", "and", "Martin", "Resource", "Management", "related", "to", "the", "Partnership", "’", "s", "acquisition", "of", "the", "Redbird", "Gas", "Storage", "LLC", "(", "\"", "Redbird", "\"", ")", "Class", "A", "interests", "on", "October", "2", ",", "2012", ",", "beginning", "in", "the", "second", "quarter", "of", "2015", ",", "Martin", "Resource", "Management", "will", "reimburse", "the", "Partnership", "$", "750", "each", "quarter", "for", "four", "consecutive", "quarters", "as", "a", "reduction", "in", "the", "purchase", "price", "of", "the", "Redbird", "Class", "A", "interests", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "The", "agreement", "further", "provides", "for", "purchase", "price", "reimbursements", "of", "up", "to", "$", "4,500", "in", "2016", "in", "the", "event", "certain", "financial", "conditions", "are", "not", "met", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "Currently", ",", "the", "Partnership", "expects", "to", "be", "fully", "reimbursed", "for", "the", "2016", "amount", "of", "$", "4,500", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "For", "the", "three", "and", "six", "months", "ended", "June", "30", ",", "2016", ",", "the", "Partnership", "received", "$", "1,125", "and", "$", "1,875", ",", "respectively", ",", "related", "to", "the", "Purchase", "Price", "Reimbursement", "Agreement", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "For", "the", "each", "of", "the", "three", "and", "six", "months", "ended", "June", "30", ",", "2015", ",", "the", "Partnership", "received", "$", "750", "related", "to", "the", "Purchase", "Price", "Reimbursement", "Agreement", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "In", "2015", ",", "the", "Partnership", "was", "named", "as", "a", "defendant", "in", "the", "cause", "J." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "A.", "Davis", "Properties", ",", "LLC", "v", ".", "Martin", "Operating", "Partnership", "L.P.", ",", "in", "the", "38th", "Judicial", "District", "Court", ",", "Cameron", "Parish", ",", "Louisiana", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "On", "December", "31", ",", "2015", ",", "the", "Partnership", "received", "a", "demand", "from", "a", "customer", "in", "its", "lubricants", "packaging", "business", "for", "defense", "and", "indemnity", "in", "connection", "with", "at", "least", "five", "lawsuits", "filed", "against", "it", "in", "the", "United", "States", "District", "Courts", ",", "which", "generally", "allege", "that", "the", "customer", "engaged", "in", "unlawful", "and", "deceptive", "business", "practices", "in", "connection", "with", "its", "marketing", "and", "advertising", "of", "its", "private", "label", "motor", "oil", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "Accordingly", ",", "on", "January", "7", ",", "2016", ",", "the", "Partnership", "filed", "a", "Complaint", "for", "Declaratory", "Judgment", "in", "the", "Chancery", "Court", "of", "Davidson", "County", ",", "Tennessee", "requesting", "a", "judicial", "determination", "that", "the", "Partnership", "does", "not", "owe", "the", "customer", "the", "demanded", "defense", "and", "indemnity", "obligations", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "25", "MARTIN", "MIDSTREAM", "PARTNERS", "L.P.NOTES", "TO", "CONSOLIDATED", "AND", "CONDENSED", "FINANCIAL", "STATEMENTS", "(", "Dollars", "in", "thousands", ",", "except", "where", "otherwise", "indicated", ")", "June", "30", ",", "2016", "(", "Unaudited", ")", "(", "17", ")", "Impairments", "and", "other", "charges", "Marine", "Transportation", "Goodwill", "Impairment", "The", "Partnership", "performed", "its", "annual", "assessment", "of", "the", "recoverability", "of", "goodwill", "during", "the", "third", "quarter", "of", "2015", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "Therefore", ",", "as", "of", "June", "30", ",", "2016", ",", "the", "Partnership", "determined", "that", "the", "state", "of", "market", "conditions", ",", "including", "the", "demand", "for", "utilization", ",", "day", "rates", "and", "the", "current", "oversupply", "of", "inland", "tank", "barges", ",", "indicated", "that", "an", "impairment", "of", "goodwill", "may", "exist", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "In", "turn", ",", "the", "Partnership", "prepared", "a", "quantitative", "analysis", "of", "the", "fair", "value", "of", "the", "goodwill", "as", "of", "June", "30", ",", "2016", ",", "based", "on", "the", "weighted", "average", "valuation", "of", "the", "aforementioned", "income", "and", "market", "based", "valuation", "approaches", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]

[ "The", "underlying", "results", "of", "the", "valuation", "were", "driven", "by", "our", "actual", "results", "during", "the", "six", "months", "ended", "June", "30", ",", "2016", "and", "the", "pricing", "and", "market", "conditions", "existing", "as", "of", "June", "30", ",", "2016", ",", "which", "were", "below", "our", "forecasts", "at", "the", "time", "of", "the", "previous", "goodwill", "assessments", "." ]

[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]