10-Q Filing

NUSTAR GP HOLDINGS, LLC CIK: 1223786 Q2 2013

Filing Information

Form Type	10-Q
Accession Number	`0001223786-13-000007`
Period End Date	20130630
Filing Date	20130807
Fiscal Year	2013
Fiscal Period	Q2
XBRL Instance	nsh-20130630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 49 Income Statement 48 Cash Flow Statement 51

Balance Sheet 49 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$730.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.05M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.60M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.35M	USD	Point-in-time
Receivable from related parties	`DueFromRelatedPartiesCurrent`	$7.87M	USD	Point-in-time
Receivable from related parties	`DueFromRelatedPartiesCurrent`	$11.26M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$2.44M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$2.45M	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	-	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$147.00K	USD	Point-in-time
Deferred income tax assets, net	`DeferredTaxAssetsLiabilitiesNetCurrent`	$103.00K	USD	Point-in-time
Deferred income tax assets, net	`DeferredTaxAssetsLiabilitiesNetCurrent`	$928.00K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$267.00K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$248.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$16.13M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$14.24M	USD	Point-in-time
Investment in NuStar Energy L.P.	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$464.98M	USD	Point-in-time
Investment in NuStar Energy L.P.	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$440.54M	USD	Point-in-time
Long-term receivable from related party	`DueFromRelatedPartiesNoncurrent`	$18.07M	USD	Point-in-time
Long-term receivable from related party	`DueFromRelatedPartiesNoncurrent`	$26.74M	USD	Point-in-time
Deferred income tax assets, net	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$20.95M	USD	Point-in-time
Deferred income tax assets, net	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$20.42M	USD	Point-in-time
Total assets	`Assets`	$504.36M	USD	Point-in-time
Total assets	`Assets`	$517.72M	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$18.50M	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$20.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$376.00K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.00M	USD	Point-in-time
Accrued compensation expense	`EmployeeRelatedLiabilitiesCurrent`	$18.56M	USD	Point-in-time
Accrued compensation expense	`EmployeeRelatedLiabilitiesCurrent`	$14.97M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$352.00K	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$429.00K	USD	Point-in-time
Taxes other than income tax	`OtherAccruedTaxesCurrent`	$1.40M	USD	Point-in-time
Taxes other than income tax	`OtherAccruedTaxesCurrent`	$526.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$37.80M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$38.31M	USD	Point-in-time
Long-term liabilities	`OtherLiabilitiesNoncurrent`	$67.10M	USD	Point-in-time
Long-term liabilities	`OtherLiabilitiesNoncurrent`	$75.34M	USD	Point-in-time
Commitments and contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Members' equity	`MembersEquity`	$422.43M	USD	Point-in-time
Members' equity	`MembersEquity`	$444.84M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-32.02M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-31.74M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-31.82M	USD	Point-in-time
Total members' equity	`TotalMembersEquity`	$412.82M	USD	Point-in-time
Total members' equity	`TotalMembersEquity`	$390.70M	USD	Point-in-time
Total liabilities and members' equity	`LiabilitiesAndStockholdersEquity`	$504.36M	USD	Point-in-time
Total liabilities and members' equity	`LiabilitiesAndStockholdersEquity`	$517.72M	USD	Point-in-time

Income Statement 48 line items

Line Item	Tag	Value	Unit	Period
Equity in earnings (loss) of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$25.56M	USD	2 Qtrs
Equity in earnings (loss) of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$13.42M	USD	1 Quarter
Equity in earnings (loss) of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$-32.43M	USD	1 Quarter
Equity in earnings (loss) of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$-20.66M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.42M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$795.00K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.65M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$618.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-30.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$18.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$99.00K	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$106.00K	USD	2 Qtrs
Interest expense, net	`InterestExpenseDebt`	$151.00K	USD	1 Quarter
Interest expense, net	`InterestExpenseDebt`	$170.00K	USD	1 Quarter
Interest expense, net	`InterestExpenseDebt`	$343.00K	USD	2 Qtrs
Interest expense, net	`InterestExpenseDebt`	$284.00K	USD	2 Qtrs
Income (loss) before income tax (expense) benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-22.49M	USD	2 Qtrs
Income (loss) before income tax (expense) benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-33.40M	USD	1 Quarter
Income (loss) before income tax (expense) benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$12.65M	USD	1 Quarter
Income (loss) before income tax (expense) benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$23.90M	USD	2 Qtrs
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$88.00K	USD	1 Quarter
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$-324.00K	USD	2 Qtrs
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$265.00K	USD	2 Qtrs
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$-196.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-22.16M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$12.56M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$23.63M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-33.21M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-33.95M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-28.67M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$23.92M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$12.65M	USD	1 Quarter
Basic net income (loss) per unit	`EarningsPerShareBasic`	$0.55	USD	2 Qtrs
Basic net income (loss) per unit	`EarningsPerShareBasic`	$-0.78	USD	1 Quarter
Basic net income (loss) per unit	`EarningsPerShareBasic`	$0.29	USD	1 Quarter
Basic net income (loss) per unit	`EarningsPerShareBasic`	$-0.52	USD	2 Qtrs
Diluted net income (loss) per unit	`EarningsPerShareDiluted`	$0.55	USD	2 Qtrs
Diluted net income (loss) per unit	`EarningsPerShareDiluted`	$-0.52	USD	2 Qtrs
Diluted net income (loss) per unit	`EarningsPerShareDiluted`	$-0.78	USD	1 Quarter
Diluted net income (loss) per unit	`EarningsPerShareDiluted`	$0.29	USD	1 Quarter
Weighted-average number of basic units outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	42.61M	shares	2 Qtrs
Weighted-average number of basic units outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	42.58M	shares	1 Quarter
Weighted-average number of basic units outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	42.57M	shares	2 Qtrs
Weighted-average number of basic units outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	42.62M	shares	1 Quarter
Weighted-average number of diluted units outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.57M	shares	2 Qtrs
Weighted-average number of diluted units outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.62M	shares	1 Quarter
Weighted-average number of diluted units outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.58M	shares	1 Quarter
Weighted-average number of diluted units outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.61M	shares	2 Qtrs

Cash Flow Statement 51 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-22.16M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$12.56M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$23.63M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-33.21M	USD	1 Quarter
Equity in loss (earnings) of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$25.56M	USD	2 Qtrs
Equity in loss (earnings) of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$13.42M	USD	1 Quarter
Equity in loss (earnings) of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$-32.43M	USD	1 Quarter
Equity in loss (earnings) of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$-20.66M	USD	2 Qtrs
Distributions of equity in earnings from NuStar Energy L.P.	`EquityMethodInvestmentDividendsOrDistributions`	$25.56M	USD	2 Qtrs
Distributions of equity in earnings from NuStar Energy L.P.	`EquityMethodInvestmentDividendsOrDistributions`	-	USD	2 Qtrs
(Gain) loss on sale of NuStar Energy L.P. limited partner units in connection with unit-based compensation	`ShareBasedCompensation`	$-106.00K	USD	2 Qtrs
(Gain) loss on sale of NuStar Energy L.P. limited partner units in connection with unit-based compensation	`ShareBasedCompensation`	$-99.00K	USD	2 Qtrs
Provision (benefit) for deferred income tax	`DeferredIncomeTaxExpenseBenefit`	$733.00K	USD	2 Qtrs
Provision (benefit) for deferred income tax	`DeferredIncomeTaxExpenseBenefit`	$294.00K	USD	2 Qtrs
Changes in current assets and liabilities (Note 6)	`IncreaseDecreaseInOperatingCapital`	$-49.00K	USD	2 Qtrs
Changes in current assets and liabilities (Note 6)	`IncreaseDecreaseInOperatingCapital`	$11.84M	USD	2 Qtrs
(Increase) decrease in long-term receivable from related party	`IncreaseDecreaseInDueFromRelatedPartiesNoncurrent`	$-8.62M	USD	2 Qtrs
(Increase) decrease in long-term receivable from related party	`IncreaseDecreaseInDueFromRelatedPartiesNoncurrent`	$-639.00K	USD	2 Qtrs
Increase in long-term liabilities	`IncreaseDecreaseInPensionAndPostretirementObligations`	$8.25M	USD	2 Qtrs
Increase in long-term liabilities	`IncreaseDecreaseInPensionAndPostretirementObligations`	$9.08M	USD	2 Qtrs
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$76.00K	USD	2 Qtrs
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$91.00K	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$23.59M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-4.20M	USD	2 Qtrs
Distributions in excess of equity in earnings from NuStar Energy L.P.	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$45.66M	USD	2 Qtrs
Distributions in excess of equity in earnings from NuStar Energy L.P.	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$22.54M	USD	2 Qtrs
Proceeds from sale of NuStar Energy L.P. units in connection with unit-based compensation	`ProceedsFromSaleOfEquityMethodInvestments`	$1.26M	USD	2 Qtrs
Proceeds from sale of NuStar Energy L.P. units in connection with unit-based compensation	`ProceedsFromSaleOfEquityMethodInvestments`	$2.48M	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$23.81M	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$48.14M	USD	2 Qtrs
Proceeds from short-term debt borrowings	`ProceedsFromShortTermDebt`	$18.50M	USD	2 Qtrs
Proceeds from short-term debt borrowings	`ProceedsFromShortTermDebt`	$15.00M	USD	2 Qtrs
Repayment of short-term debt	`RepaymentsOfShortTermDebt`	$20.00M	USD	2 Qtrs
Repayment of short-term debt	`RepaymentsOfShortTermDebt`	$16.50M	USD	2 Qtrs
Distributions to unitholders	`PaymentsOfDividendsCommonStock`	$46.45M	USD	2 Qtrs
Distributions to unitholders	`PaymentsOfDividendsCommonStock`	$23.20M	USD	1 Quarter
Distributions to unitholders	`PaymentsOfDividendsCommonStock`	$43.43M	USD	2 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	2 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$368.00K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-44.56M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-47.95M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-624.00K	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-544.00K	USD	2 Qtrs
Cash and cash equivalents at the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$730.00K	USD	Point-in-time
Cash and cash equivalents at the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$2.05M	USD	Point-in-time
Cash and cash equivalents at the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$2.60M	USD	Point-in-time
Cash and cash equivalents at the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$1.35M	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$730.00K	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$2.05M	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$2.60M	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$1.35M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.