Blueknight Energy Partners, L.P. BKEPP Income Statement

Blueknight energy partners, l.p. (BKEPP)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Revenue from contract with customer
294,244	308,915	349,261	340,157	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capitalized interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Third-party revenue
-	-	-	-	-	-	-	-	102,427	113,772	116,949	121,914	124,623	126,215	129,252	130,012	135,547	137,415	136,364	138,505	137,313	139,426	145,349	146,118	145,095	142,916	135,354	130,881	129,619	130,696	130,199	130,526	130,284	129,104	0	0	0	-	-
Third party revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Related-party revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	30,211	26,433	31,556	35,879	39,103	41,400	40,400	40,815	42,788	45,036	50,578	51,482	51,755	52,917	49,847	49,189	48,153	47,330	46,388	45,963	44,089	38,320	32,556	0	0	0
Related-party revenue
-	-	-	-	-	-	-	-	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Lease revenue
0	-	-	0	0	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Third-party revenue
-	-	-	-	-	-	-	-	9,804	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Related-party revenue
-	-	-	-	-	-	-	-	7,703	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Third-party revenue
-	-	-	-	-	-	-	-	10,958	11,479	13,546	16,776	21,258	20,968	19,570	13,965	7,256	3,511	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Related-party revenue
-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total revenue
356,448	371,070	403,088	444,490	433,907	384,835	305,559	219,875	180,259	181,939	183,712	183,177	182,725	177,394	175,255	175,533	178,682	180,029	182,176	183,317	182,540	186,626	190,385	196,696	196,577	194,671	188,271	180,728	178,808	178,849	177,529	176,914	176,247	173,193	169,181	161,113	0	0	0
Costs and expenses:
Asset impairment expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Operating expense
100,985	103,289	110,178	112,184	102,524	113,890	183,745	191,719	151,075	152,124	154,040	152,537	174,706	171,011	188,739	191,514	170,777	172,177	148,181	148,323	149,119	151,743	157,766	157,985	155,452	151,616	148,287	147,652	146,243	144,483	135,841	133,134	133,189	132,042	128,966	123,069	0	0	0
Operating Costs and Expenses
-	-	-	106,925	-	-	-	121,412	123,034	123,805	122,670	118,557	115,237	111,091	110,844	117,255	123,348	127,974	129,361	129,978	131,070	134,184	140,441	140,278	137,626	133,610	126,352	126,247	124,942	122,746	118,986	115,719	115,383	114,731	111,019	58,102	0	0	0
Cost, Direct Material
-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of product sales from related party
-	-	-	-	-	-	-	-	8,305	8,807	9,824	11,662	14,082	14,130	14,020	10,507	6,418	3,231	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of product sales
-	-	-	-	-	-	-	-	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General and administrative expense
13,942	14,095	13,461	13,943	15,467	15,995	17,141	16,912	16,748	17,112	18,585	19,357	19,869	20,029	19,034	18,911	18,744	18,976	18,759	18,284	17,988	17,498	16,801	17,183	17,302	17,482	19,993	19,463	19,359	19,795	16,855	17,415	17,806	17,311	17,947	9,883	0	0	0
Asset impairment expense
6,479	2,476	54,753	54,685	53,571	53,068	2,986	2,971	2,988	2,400	2,961	2,961	25,518	25,761	44,841	44,841	22,267	21,996	0	0	0	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-
Total costs and expenses
0	-	0	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (loss) on sale of assets
0	-	0	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of assets
-	-	-	0	-	-	-	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	2,132	1,922	1,686	1,073	2,728	2,176	2,100	7,271	6,420	7,517	7,941	3,008	0	0	0	-	-
Operating income
28,991	34,182	-20,285	-24,584	-24,989	-27,214	22,867	28,423	28,098	28,840	28,709	29,888	8,035	6,491	-13,739	-10,127	13,705	13,989	41,156	36,750	35,792	37,347	34,874	40,633	42,811	44,128	42,684	35,252	34,665	41,637	47,146	50,430	50,132	43,292	42,067	38,753	0	0	0
Other income (expenses):
Other income
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Income
-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (Loss) from Equity Method Investments
-	-	-	-	-	-	-	-	-	61	458	763	920	1,483	1,680	2,774	3,900	3,932	3,744	2,768	1,743	883	300	-274	-650	-502	-325	-174	-56	0	0	0	0	-	-	-	-	-	-
Gain on sale of unconsolidated affiliate
-	-	-	0	-	2,225	2,278	3,390	7,562	5,337	5,284	4,172	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense
15,103	15,975	16,571	16,672	17,562	16,860	15,915	15,325	14,566	14,027	12,607	11,282	10,714	12,554	11,367	13,535	11,789	11,202	14,519	11,816	13,896	12,268	10,753	11,010	11,538	11,615	12,016	13,028	11,366	11,705	14,491	20,702	26,917	32,898	40,814	45,243	0	0	0
Change in fair value of embedded derivative within convertible debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20,224	20,224	4,866	0	0	0
Change In Fair Value Of Rights Offering Liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,883	1,838	0	0	0	-
Income before income taxes
14,714	18,475	-36,588	-40,988	-42,551	-41,849	9,230	16,488	21,094	20,211	21,844	23,541	-1,759	-4,580	-23,426	-20,888	5,816	6,719	32,460	29,781	25,718	28,041	24,421	29,349	30,623	32,011	30,343	22,050	23,243	29,932	0	0	0	-	-	-	-	-	-
Change in fair value of rights offering contingency
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Income (loss) before income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	23,315	-8,010	0	0	0
Provision for income taxes
59	63	22	173	181	198	234	129	149	166	209	258	265	260	225	215	273	323	414	431	459	469	492	661	620	593	506	336	316	318	332	289	293	287	269	250	0	0	0
Income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	31,418	0	0	0	-	-	-	-	-	-	-	-	-	-
Loss from discontinued operations (including asset impairment expense of $6,353 for the year ended December 31, 2013) (See Note 5)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-3,383	0	0	0	-	-	-	-	-	-	-	-	-	-
Net income
-	18,412	-36,610	-41,161	-42,732	-42,047	8,996	16,359	20,945	20,045	21,635	23,283	-2,024	-4,840	-23,651	-21,103	5,543	6,396	32,046	29,350	25,259	27,572	24,089	23,359	25,905	28,035	28,245	25,611	25,593	31,565	33,629	54,327	42,835	33,475	23,046	-8,260	0	0	0
Allocation of net income(loss) for calculation of earnings per unit:
General partner interest in net income(loss)
-	337	-684	-613	-638	-512	387	738	966	944	920	949	498	433	124	159	595	554	925	796	651	641	547	520	553	647	651	596	653	774	818	1,296	1,064	912	696	-1	0	0	0
Preferred interest in net income
25,115	25,115	25,115	25,116	25,116	25,115	25,114	25,114	25,114	25,115	27,602	27,602	26,712	25,824	22,450	21,562	21,564	21,564	21,563	21,563	21,563	21,563	21,564	21,564	21,564	21,564	21,564	21,564	0	-	0	0	-	-	-	-	-	-	-
Preferred interest in net income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	11,124	8,149	0	0	0
Beneficial conversion feature attributable to preferred units
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,853	12,051	23,192	34,213	43,259	33,061	21,920	0	0	0
Net loss available to limited partners
-10,692	-7,040	-61,183	-65,664	-67,210	-66,650	-16,583	-9,493	-5,135	-6,014	-6,887	-5,268	-29,234	-31,097	-46,225	-42,824	-16,616	-15,722	9,558	6,991	3,045	5,368	1,978	1,275	3,788	5,824	6,030	3,451	3,376	7,374	6,289	17,784	-2,081	-20,118	-21,835	-38,328	0	0	0
Basic and diluted net loss per common unit (in dollars per share)
-0.15	-	0.01	-	-0.06	-	-0.09	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (Loss), Per Outstanding Limited Partnership and General Partnership Unit, Basic and Diluted, Net of Tax
-	-	-	-0.07	-	-	-	-0.11	-0.05	-0.15	0.08	0.00	-0.08	-	0.13	-0.71	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Weighted Average Number of Shares Outstanding, Basic and Diluted
-	-	-	40,715	-	-	-	40,324	40,289	38,878	38,189	38,155	38,146	-	36,036	33,206	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic and diluted net income (loss) per common unit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.02	0.44	-0.02	-0.01	-	-	-	-	-	-	-	-	-	-
Basic and diluted loss from discontinued operations per common unit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.01	-0.23	0.05	0.03	-	-	-	-	-	-	-	-	-	-
Basic net loss per common unit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.14	-	0.24	0.06	-0.12	-	0.23	-0.08	-0.07	-0.01	0.21	0.03	0.02	-	0.10	0.02	-	-	-	-	-	-	-
Diluted net income from continuing operations per common unit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.29	-0.02	-0.01	-	-	-	-	-	-	-	-	-	-
Diluted net loss from discontinued operations per common unit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.10	0.05	0.03	-	-	-	-	-	-	-	-	-	-
Diluted net loss per common unit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.14	-	0.21	-	-0.12	-	0.20	-	-	-	0.19	0.03	-	-	0.10	0.02	-	-	-	-	-	-	-
Diluted net income (loss) per common unit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.02	-	-	-	-	-	-	-	-	-	-
Basic and diluted net income (loss) per common unit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.38	-0.55	-0.39	-0.08	-0.08
Basic and diluted net loss per subordinated unit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.42	-0.55	-0.39	-0.08	-0.08
Weighted average common units outstanding - basic
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	33,176	-	32,947	32,915	32,894	32,946	23,909	22,925	22,900	22,771	22,697	22,681	22,675	22,664	22,670	22,670	22,660	-	-	-	-	-	-
Weighted average common units outstanding - diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	33,176	-	63,875	-	32,894	-	54,927	-	-	-	53,718	22,681	22,675	-	22,670	22,670	22,660	-	-	-	-	-	-
Weighted average common units outstanding - basic and diluted (in shares)
41,015	-	40,811	-	40,678	-	40,380	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	21,890	21,890	21,890	21,728	21
Weighted Average Subordinated Partnership Units Outstanding Basic And Diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-122	10,248	12,571	12,571	12,571	12
Service [Member]
Revenue from contracts with customers
-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Product [Member]
Revenue from contracts with customers
-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Third Party [Member]
Lease revenue
0	-	0	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of product sales
0	-	0	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Related Party [Member]
Lease revenue
0	-	0	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of product sales
0	-	0	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Affiliated Entity [Member]
Lease revenue
-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost, Direct Material
-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-