Blueknight energy partners, l.p. (BKEP)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Revenue from contract with customer

308,915

316,807

-

-

-

-

-

-

-

-

-

Third-party revenue

-

-

113,772

126,215

137,415

139,426

142,916

130,696

129,104

129,083

124,701

Related-party revenue

-

-

56,688

30,211

39,103

42,788

51,755

48,153

44,089

23,541

32,075

Third-party revenue

-

-

0

0

-

-

-

-

-

-

-

Related-party revenue

-

-

0

0

-

-

-

-

-

-

-

Third-party revenue

-

-

11,479

20,968

3,511

4,412

-

-

-

-

-

Related-party revenue

-

-

0

0

-

-

-

-

-

-

-

Total revenue

371,070

384,835

181,939

177,394

180,029

186,626

194,671

178,849

173,193

152,624

156,776

Costs and expenses:
Asset impairment expense

-

-

-

-

-

-

524

1,942

-

-

-

Operating expense

103,289

113,890

152,124

171,011

172,177

151,743

151,616

144,483

132,042

118,167

124,262

Operating Costs and Expenses

-

-

123,805

111,091

127,974

134,184

133,610

122,746

114,731

97,713

96,125

Cost of product sales from related party

-

-

8,807

14,130

3,231

61

-

-

-

-

-

Cost of product sales

-

-

0

0

-

-

-

-

-

-

-

General and administrative expense

14,095

15,995

17,112

20,029

18,976

17,498

17,482

19,795

17,311

20,454

28,137

Asset impairment expense

2,476

53,068

2,400

25,761

21,996

0

-

-

867

-

-

Total costs and expenses

337,341

412,198

-

-

-

-

-

-

-

-

-

Gain (loss) on sale of assets

453

149

-975

108

6,137

2,464

-

-

-

-

-

Gain on sale of assets

-

-

-

-

-

-

1,073

7,271

3,008

58

-

Gain on settlement transaction

-

-

-

-

-

-

-

-

-

-

2,585

Loss contingency, net of insurance recovery (see Note 16)

-

-

-

-

-

-

-

-

-

-7,200

0

Operating income

34,182

-27,214

28,840

6,491

13,989

37,347

44,128

41,637

43,292

27,315

35,099

Other income (expenses):
Other income

268

-

-

-

-

-

-

-

-

-

-

Income (Loss) from Equity Method Investments

-

-

61

1,483

3,932

883

-502

0

0

-

-

Gain on sale of unconsolidated affiliate

-

2,225

5,337

0

0

-

-

-

-

-

-

Interest expense

15,975

16,860

14,027

12,554

11,202

12,268

11,615

11,705

32,898

48,638

51,399

Unrealized gains on investments

-

-

-

-

-

2,079

0

0

-

-

-

Change in fair value of embedded derivative within convertible debt

-

-

-

-

-

-

-

-

20,224

-6,650

0

Change In Fair Value Of Rights Offering Liability

-

-

-

-

-

-

-

-

1,883

4,384

0

Income before income taxes

18,475

-41,849

20,211

-4,580

6,719

28,041

32,011

29,932

32,501

-

-

Income (loss) before income taxes

-

-

-

-

-

-

-

-

-

-23,589

-16,300

Provision for income taxes

63

198

166

260

323

469

593

318

287

207

205

Income from continuing operations

-

-

-

-

-

-

31,418

29,614

32,214

-

-

Loss from discontinued operations (including asset impairment expense of $6,353 for the year ended December 31, 2013) (See Note 5)

-

-

-

-

-

-

-3,383

1,951

1,261

-

-

Net income

18,412

-42,047

20,045

-4,840

6,396

27,572

28,035

31,565

33,475

-23,796

-16,505

Allocation of net income(loss) for calculation of earnings per unit:
General partner interest in net income(loss)

337

-512

944

433

554

641

647

774

912

-470

-326

Preferred interest in net income

25,115

25,115

25,115

25,824

21,564

21,563

21,564

21,564

16,446

-

-

Accretion of discount on increasing rate preferred units

-

-

-

-

-

-

-

-

-2,243

0

0

Preferred interest in net income

-

-

-

-

-

-

-

-

-

0

0

Beneficial conversion feature attributable to preferred units

-

-

-

-

-

-

-

1,853

43,259

8,114

0

Beneficial Conversion Feature Attributable To Repurchased Preferred Units

-

-

-

-

-

-

-

-

6,892

0

0

Gain on extinguishment attributable to redemption of convertible debt, recorded as a capital transaction

-

-

-

-

-

-

-

-

2,375

0

0

Net loss available to limited partners

-7,040

-66,650

-6,014

-31,097

-15,722

5,368

5,824

7,374

-20,118

-31,440

-16,179

Basic and diluted net loss per common unit (in dollars per share)

-0.17

-1.61

-

-

-

-

-

-

-

-

-

Net Income (Loss), Per Outstanding Limited Partnership and General Partnership Unit, Basic and Diluted, Net of Tax

-

-

-0.15

-0.87

-0.47

-

-

-

-

-

-

Weighted Average Number of Shares Outstanding, Basic and Diluted

-

-

38,342

35,093

32,945

-

-

-

-

-

-

Basic and diluted net income (loss) per common unit

-

-

-

-

-

0.20

0.39

0.24

-0.65

-

-

Basic and diluted loss from discontinued operations per common unit

-

-

-

-

-

-

-0.14

0.08

0.04

-

-

Basic net loss per common unit

-

-

-

-

-

-

0.25

0.32

-0.61

-

-

Basic and diluted net loss from continuing operations per subordinated unit

-

-

-

-

-

-

-

-

-0.55

-

-

Basic and diluted income (loss) from discontinued operations per subordinated unit

-

-

-

-

-

-

-

-

0.03

-

-

Basic and diluted net income (loss) per common unit

-

-

-

-

-

-

-

-

-

-0.91

-0.47

Basic and diluted net loss per subordinated unit

-

-

-

-

-

-

-

-

-0.52

-0.91

-0.47

Weighted average common units outstanding - basic

-

-

-

-

-

25,670

22,706

22,666

22,059

-

-

Weighted average common units outstanding - basic and diluted (in shares)

40,755

40,348

-

-

-

-

-

-

-

21,744

21,591

Weighted Average Subordinated Partnership Units Outstanding Basic And Diluted

-

-

-

-

-

-

-

-

8,817

12,571

12,571

Third Party [Member]
Lease revenue

41,712

42,067

-

-

-

-

-

-

-

-

-

Cost of product sales

83,319

126,776

-

-

-

-

-

-

-

-

-

Related Party [Member]
Lease revenue

20,443

25,961

-

-

-

-

-

-

-

-

-

Cost of product sales

134,162

102,469

-

-

-

-

-

-

-

-

-