Blueknight energy partners, l.p. (BKEP)
Balance Sheet / Yearly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
Current assets:
Cash and cash equivalents

671

558

2,777

1,542

1,209

1,455

1,926

1,193

2,081

2,469

2,648

3,274

2,807

3,304

4,285

3,034

2,016

3,038

1,136

2,354

2,383

2,661

1,598

906

3,182

1,642

4,848

176

3,177

5,139

3,831

4,935

1,239

1,010

5,706

4,840

Accounts receivable, net

19,515

23,716

25,913

26,661

28,561

35,683

46,917

31,268

10,392

7,589

7,915

9,341

11,358

7,544

8,571

10,664

10,808

8,697

10,084

14,587

10,272

9,051

12,562

11,525

12,244

14,312

13,514

11,997

9,948

11,129

11,636

11,052

14,191

12,980

12,957

8,824

Receivables from related parties, net

942

1,110

1,873

1,121

936

1,043

1,647

1,219

2,110

3,070

1,970

1,534

1,557

1,860

1,262

1,563

1,392

1,844

2,696

2,668

2,765

2,316

3,131

2,716

3,149

5,826

2,716

2,351

3,522

2,998

2,505

2,643

4,397

2,843

2,134

1,912

Insurance recovery receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13,000

13,000

13,000

Prepaid insurance

-

-

-

-

-

-

2,146

2,093

1,985

2,009

2,552

2,665

1,887

1,578

2,554

2,685

1,660

1,397

2,602

3,726

2,104

1,582

3,397

2,467

1,694

2,027

3,482

645

1,237

1,738

3,223

1,002

1,725

2,525

3,070

1,413

Investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

2,079

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Assets held for sale, net of accumulated depreciation and impairments of $166 and $0 at December 31, 2013 and December 31, 2014, respectively

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

344

338

338

0

0

45

281

1,349

1,434

1,395

603

-

-

0

Investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Other current assets

8,723

8,692

7,774

7,477

7,127

9,345

9,834

12,716

8,503

8,438

7,496

7,671

8,429

7,934

7,532

8,312

4,270

4,384

3,943

4,095

3,888

3,805

3,985

3,948

4,321

1,474

1,821

1,794

1,822

2,785

3,151

3,034

1,838

1,673

2,396

2,147

Total current assets

29,851

34,076

38,337

36,801

37,833

47,526

62,470

48,489

25,071

23,575

22,581

24,485

26,038

22,220

25,579

27,633

20,253

19,360

20,461

27,430

21,412

21,494

25,017

21,900

24,928

25,281

26,381

17,008

19,987

25,138

25,780

24,061

23,993

34,031

39,263

32,136

Property, plant and equipment, net of accumulated depreciation of $274,404 and $279,144 at December 31, 2019, and March 31, 2020, respectively

226,398

232,777

238,818

241,130

243,063

248,261

295,272

295,711

304,416

296,069

292,574

298,345

301,860

307,334

286,829

289,733

319,641

312,934

326,435

324,021

309,233

310,163

303,615

301,259

297,400

305,115

290,124

275,985

267,741

262,629

261,320

263,504

266,355

271,624

272,424

274,069

Assets held for sale, net of accumulated depreciation of $55,583 at June 30, 2018

-

-

-

-

-

-

-

16,857

1,536

-

-

-

-

4,237

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Assets held for sale, net of accumulated depreciation of $3,041 at December 31, 2016

-

-

-

-

-

-

-

-

-

-

0

0

4,365

-

1,375

1,375

107

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment in unconsolidated affiliate

-

-

-

-

-

-

-

-

-

-

0

0

0

20,561

20,164

19,859

19,702

19,078

19,684

19,461

19,131

20,381

19,552

19,294

19,498

19,675

16,827

13,944

0

-

-

-

-

-

-

-

Investment in unconsolidated affiliate, held for sale (see Note 4)

-

-

-

-

-

-

-

-

-

-

-

-

21,152

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill

6,728

6,728

6,728

6,728

6,728

6,728

6,728

6,728

6,728

3,870

4,746

4,746

4,746

4,746

4,746

4,746

4,746

4,387

10,727

10,727

7,216

7,216

7,216

7,216

7,216

7,216

7,216

7,216

7,216

7,216

7,216

7,216

7,216

7,216

7,216

7,083

Debt issuance costs, net

2,093

2,344

2,595

2,846

3,098

3,349

3,600

3,802

4,186

4,442

4,662

4,759

1,715

2,050

2,389

1,778

1,981

2,201

2,430

2,648

2,866

3,085

3,182

3,381

3,580

3,747

3,882

2,993

3,225

3,668

4,112

4,556

5,000

5,494

5,989

6,675

Operating lease assets

10,349

10,758

11,374

12,009

11,594

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangible assets, net

13,402

14,088

14,775

15,461

16,147

16,834

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other noncurrent assets

1,251

1,169

1,348

1,287

1,193

606

18,169

18,919

19,654

12,913

13,494

13,761

14,191

14,515

14,299

14,625

14,948

6,786

3,293

3,759

2,043

2,056

1,772

1,907

2,126

1,417

1,474

1,567

1,656

1,906

1,922

2,006

2,191

2,410

2,556

3,875

Total assets

290,072

301,940

313,975

316,262

319,656

323,304

386,239

390,506

361,591

340,869

338,057

346,096

374,067

375,663

354,006

358,374

381,271

364,746

383,030

388,046

361,901

364,395

360,354

354,957

354,748

362,451

345,904

318,713

299,825

300,557

300,350

301,343

304,755

320,775

327,448

323,838

Current liabilities:
Accounts payable

3,992

3,125

4,036

3,793

3,925

3,707

4,311

5,244

4,699

4,439

3,582

4,430

4,348

3,174

3,440

4,847

6,232

5,236

10,298

12,137

6,898

7,626

6,601

7,811

6,537

12,027

10,918

8,512

10,052

6,752

4,522

7,501

10,138

8,057

8,091

8,829

Accounts payable to related parties

2,907

2,460

3,306

3,125

2,111

2,263

3,093

12,878

3,266

2,268

1,379

1,680

1,810

1,053

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued crude oil purchases

-

-

-

5,518

7,576

-

15,142

-

-

1,115

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,602

3,998

-

3,648

4,500

3,709

Contingent liability with related party (Note 8)

-

12,221

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued crude oil purchases to related parties

-

-

-

10,180

11,885

-

16,681

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued loss contingency

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

1,090

1,090

19,976

20,200

20,200

Accrued interest payable

301

293

289

394

294

465

462

644

718

694

751

729

296

413

219

199

229

191

192

189

202

233

170

244

482

156

66

295

164

209

213

226

231

171

279

357

Accrued interest payable to related parties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

235

304

308

179

161

362

5,187

3,900

1,214

Accrued property taxes payable

2,866

3,247

3,701

3,098

2,237

3,089

3,776

3,365

2,352

2,432

3,691

2,736

1,811

2,531

3,253

3,350

2,540

2,773

3,314

2,486

1,684

2,046

2,120

1,379

1,810

2,731

2,016

1,468

1,938

2,718

1,995

1,249

1,813

2,990

2,128

2,254

Unearned revenue

-

-

-

2,244

3,536

-

3,207

2,039

3,028

2,393

2,303

3,224

2,878

2,350

3,941

3,698

4,922

4,299

4,470

1,636

1,213

1,531

2,936

2,000

2,326

3,680

4,584

4,518

4,068

3,393

3,752

3,686

790

3,911

3,891

3,506

Unearned revenue with related parties

-

-

-

7,739

15,168

-

2,809

4,384

4,312

551

4,407

4,413

4,194

383

96

59

746

756

98

765

802

909

234

91

90

219

261

245

316

279

1,640

2,125

1,149

0

49

2,154

Accrued payroll

2,495

4,823

3,836

3,083

2,129

3,667

3,838

3,671

2,796

6,119

5,554

4,341

2,986

6,358

5,581

4,560

3,307

7,263

6,266

4,821

3,619

6,520

5,095

3,706

7,379

6,483

5,067

3,590

6,409

5,282

4,030

2,920

5,226

4,918

4,739

4,130

Current operating lease liability

2,324

2,391

2,479

2,682

2,768

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest rate swaps - current

-

-

-

-

-

-

-

-

-

-

61

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other current liabilities

3,698

2,627

3,352

3,331

3,042

3,465

3,820

17,379

4,335

3,632

4,311

4,393

3,856

4,279

5,790

6,084

5,179

6,358

3,295

4,796

3,199

3,204

3,772

3,717

4,959

4,476

5,036

3,474

4,032

4,385

-

-

3,740

-

-

-

Convertible subordinated debentures (see Note 6)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

44,932

40,481

31,725

Fair value of derivative embedded within subordinated convertible debt (see Note 17)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

22,684

27,550

Fair value of rights offering contingency (see Note 17)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,603

16,827

10,441

Current portion of long-term payable to related parties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

1,625

1,881

1,817

1,754

1,694

1,636

1,580

1,525

1,183

Total current liabilities

35,421

54,576

47,002

45,187

54,671

48,865

57,139

49,604

25,506

23,643

26,039

25,946

22,179

20,541

22,320

22,797

23,155

26,876

27,933

26,830

17,617

22,069

20,928

18,948

23,583

29,772

27,948

23,962

29,164

25,143

22,687

24,650

26,175

103,973

129,294

117,252

Other long-term liabilities

2,362

2,417

3,708

-

-

4,010

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contingent liability with related party (Note 12)

-

-

12,061

-

-

10,019

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term unearned revenue with related parties

-

-

-

1,607

1,612

-

745

960

996

1,052

451

563

582

640

52

61

70

80

89

98

107

116

135

144

153

0

0

610

800

1,295

1,773

2,235

2,681

3,112

3,528

4,317

Other long-term liabilities

-

-

-

3,662

3,715

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Noncurrent operating lease liability

8,147

8,529

8,968

9,402

8,935

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contingent liability with related party (Note 10)

-

-

-

11,980

10,870

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest rate swap liabilities

-

-

-

-

-

-

-

-

-

-

-

972

1,195

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other long-term liabilities

-

-

-

-

-

-

0

0

0

225

-

-

-

1,947

3,989

5,297

4,983

3,103

5,269

3,663

4,440

2,634

2,002

355

0

-

-

-

-

-

-

-

-

-

-

-

Other long-term liabilities

-

-

-

-

-

-

-

-

-

-

3,678

3,372

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest rate swaps - noncurrent

-

-

-

-

-

-

-

-

-

-

633

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term payable to related parties

-

-

-

1,607

1,612

-

745

960

996

1,052

451

563

-

640

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,235

-

3,112

3,528

4,317

Long-term interest rate swap liabilities

-

-

-

-

-

-

3,726

3,715

3,642

3,673

-

-

3,182

2,959

2,944

2,416

2,367

2,468

3,728

4,901

4,324

3,620

3,863

3,687

2,554

97

128

123

206

211

186

146

100

150

150

150

Long-term debt

271,592

255,592

258,592

261,592

252,592

265,592

271,592

349,592

334,592

307,592

297,592

303,592

330,000

324,000

254,000

279,000

273,000

245,000

232,000

243,000

224,000

216,000

287,000

281,000

273,000

274,411

262,411

237,000

211,000

213,000

215,000

212,000

218,000

226,000

240,000

239,862

Commitments and contingencies (Note 12)

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

0

-

Partners’ capital(deficit):
Common unitholders (40,830,051 and 41,034,763 units issued and outstanding at December 31, 2019, and March 31, 2020, respectively)

348,984

356,777

360,144

360,861

365,220

370,972

429,959

436,416

446,471

454,358

455,423

457,375

462,562

471,180

478,108

456,272

484,566

493,824

520,053

515,602

517,388

525,767

452,245

456,574

461,149

463,849

461,191

462,794

464,433

466,675

466,474

468,049

465,483

475,990

459,845

478,575

Preferred Units (35,125,202 units issued and outstanding at both dates)

253,923

253,923

253,923

253,923

253,923

253,923

253,923

253,923

253,923

253,923

253,923

253,923

253,923

253,923

204,599

204,599

204,599

204,599

204,599

204,599

204,599

204,599

204,599

204,599

204,599

204,599

204,599

204,599

204,599

204,599

204,599

204,599

202,746

124,437

113,296

91,376

Subordinated unitholders (12,570,504 and zero units issued and outstanding at December 31, 2010 and December 31, 2011, respectively)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-286,264

Subordinated unitholders (12,570,504 and zero units issued and outstanding at December 31, 2010 and September 30, 2011, respectively)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-297,082

-

General partner interest (1.6% interest with 1,225,409 general partner units outstanding at both dates)

-632,149

-632,023

-631,968

-631,952

-631,882

-631,791

-630,845

-703,704

-703,539

-703,597

-699,682

-699,647

-699,556

-699,527

-612,006

-612,068

-611,469

-611,204

-610,641

-610,647

-610,574

-610,410

-610,418

-610,350

-610,290

-610,277

-610,373

-610,375

-610,377

-610,366

-610,369

-610,336

-610,430

-612,887

-321,583

-321,430

Total partners’ deficit

-29,242

-21,323

-17,901

-17,168

-12,739

-6,896

53,037

-13,365

-3,145

4,684

9,664

11,651

16,929

25,576

70,701

48,803

77,696

87,219

114,011

109,554

111,413

119,956

46,426

50,823

55,458

58,171

55,417

57,018

58,655

60,908

60,704

62,312

57,799

-12,460

-45,524

-37,743

Total liabilities and partners’ deficit

290,072

301,940

313,975

316,262

319,656

323,304

386,239

390,506

361,591

340,869

338,057

346,096

374,067

375,663

354,006

358,374

381,271

364,746

383,030

388,046

361,901

364,395

360,354

354,957

354,748

362,451

345,904

318,713

299,825

300,557

300,350

301,343

304,755

320,775

327,448

323,838

Third Party [Member]
Accrued crude oil purchases

3,240

6,706

6,465

-

-

13,949

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unearned revenue

3,248

1,942

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unearned revenue

-

-

5,476

-

-

3,206

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Related Party [Member]
Accrued crude oil purchases

7,344

11,807

11,438

-

-

10,219

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unearned revenue

3,006

2,934

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unearned revenue

-

-

2,624

-

-

4,835

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term unearned revenue with related parties

1,792

2,149

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term unearned revenue with related parties

-

-

1,545

-

-

1,714

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-