10-Q Filing

NUSTAR GP HOLDINGS, LLC CIK: 1223786 Q3 2013

Filing Information

Form Type	10-Q
Accession Number	`0001223786-13-000012`
Period End Date	20130930
Filing Date	20131112
Fiscal Year	2013
Fiscal Period	Q3
XBRL Instance	nsh-20130930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 50 Income Statement 48 Cash Flow Statement 54 Comprehensive Income 4

Balance Sheet 50 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.66M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.35M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.21M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.60M	USD	Point-in-time
Receivable from related parties	`DueFromRelatedPartiesCurrent`	$7.87M	USD	Point-in-time
Receivable from related parties	`DueFromRelatedPartiesCurrent`	$20.48M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$2.45M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$1.56M	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`	-	USD	Point-in-time
Deferred income tax assets, net	`DeferredTaxAssetsLiabilitiesNetCurrent`	$928.00K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$248.00K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$167.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$14.24M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$23.43M	USD	Point-in-time
Investment in NuStar Energy L.P.	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$430.75M	USD	Point-in-time
Investment in NuStar Energy L.P.	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$464.98M	USD	Point-in-time
Long-term receivable from related party	`DueFromRelatedPartiesNoncurrent`	$29.64M	USD	Point-in-time
Long-term receivable from related party	`DueFromRelatedPartiesNoncurrent`	$18.07M	USD	Point-in-time
Deferred income tax assets, net	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$20.85M	USD	Point-in-time
Deferred income tax assets, net	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$20.42M	USD	Point-in-time
Total assets	`Assets`	$517.72M	USD	Point-in-time
Total assets	`Assets`	$504.67M	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$20.00M	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$26.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$479.00K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.00M	USD	Point-in-time
Accrued compensation expense	`EmployeeRelatedLiabilitiesCurrent`	$14.97M	USD	Point-in-time
Accrued compensation expense	`EmployeeRelatedLiabilitiesCurrent`	$17.03M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$405.00K	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$429.00K	USD	Point-in-time
Deferred income tax liabilities, net	`DeferredTaxLiabilitiesCurrent`	$49.00K	USD	Point-in-time
Deferred income tax liabilities, net	`DeferredTaxLiabilitiesCurrent`	-	USD	Point-in-time
Taxes other than income tax	`OtherAccruedTaxesCurrent`	$470.00K	USD	Point-in-time
Taxes other than income tax	`OtherAccruedTaxesCurrent`	$1.40M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$37.80M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$44.43M	USD	Point-in-time
Long-term liabilities	`OtherLiabilitiesNoncurrent`	$67.10M	USD	Point-in-time
Long-term liabilities	`OtherLiabilitiesNoncurrent`	$78.22M	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	`MembersCapital`	$444.84M	USD	Point-in-time
Members' equity	`MembersCapital`	$411.28M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-29.27M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-32.02M	USD	Point-in-time
Total members' equity	`MembersEquity`	$382.01M	USD	Point-in-time
Total members' equity	`MembersEquity`	$412.82M	USD	Point-in-time
Total liabilities and members' equity	`LiabilitiesAndStockholdersEquity`	$504.67M	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`	$-11.47M	USD	3 Qtrs
Equity in earnings (loss) of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$9.19M	USD	1 Quarter
Equity in earnings (loss) of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$39.02M	USD	3 Qtrs
Equity in earnings (loss) of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$13.46M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$2.36M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$654.00K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$2.31M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$941.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$10.70M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-9.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$10.81M	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$90.00K	USD	3 Qtrs
Interest expense, net	`InterestExpenseDebt`	$191.00K	USD	1 Quarter
Interest expense, net	`InterestExpenseDebt`	$534.00K	USD	3 Qtrs
Interest expense, net	`InterestExpenseDebt`	$158.00K	USD	1 Quarter
Interest expense, net	`InterestExpenseDebt`	$442.00K	USD	3 Qtrs
Income (loss) before income tax (expense) benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$12.32M	USD	1 Quarter
Income (loss) before income tax (expense) benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-3.41M	USD	3 Qtrs
Income (loss) before income tax (expense) benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$36.22M	USD	3 Qtrs
Income (loss) before income tax (expense) benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$19.07M	USD	1 Quarter
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$-414.00K	USD	3 Qtrs
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$286.00K	USD	1 Quarter
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$-90.00K	USD	1 Quarter
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$551.00K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-3.00M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$12.04M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$35.67M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$19.16M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$19.23M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$38.42M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$14.50M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-9.44M	USD	3 Qtrs
Basic net income (loss) per unit	`EarningsPerShareBasic`	$0.84	USD	3 Qtrs
Basic net income (loss) per unit	`EarningsPerShareBasic`	$-0.07	USD	3 Qtrs
Basic net income (loss) per unit	`EarningsPerShareBasic`	$0.45	USD	1 Quarter
Basic net income (loss) per unit	`EarningsPerShareBasic`	$0.29	USD	1 Quarter
Diluted net income (loss) per unit	`EarningsPerShareDiluted`	$0.84	USD	3 Qtrs
Diluted net income (loss) per unit	`EarningsPerShareDiluted`	$0.29	USD	1 Quarter
Diluted net income (loss) per unit	`EarningsPerShareDiluted`	$-0.07	USD	3 Qtrs
Diluted net income (loss) per unit	`EarningsPerShareDiluted`	$0.45	USD	1 Quarter
Weighted-average number of basic units outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	42.58M	shares	3 Qtrs
Weighted-average number of basic units outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	42.62M	shares	3 Qtrs
Weighted-average number of basic units outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	42.58M	shares	1 Quarter
Weighted-average number of basic units outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	42.62M	shares	1 Quarter
Weighted-average number of diluted units outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.58M	shares	3 Qtrs
Weighted-average number of diluted units outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.58M	shares	1 Quarter
Weighted-average number of diluted units outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.62M	shares	1 Quarter
Weighted-average number of diluted units outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.62M	shares	3 Qtrs

Cash Flow Statement 54 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-3.00M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$12.04M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$35.67M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$19.16M	USD	1 Quarter
Equity in loss (earnings) of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$-11.47M	USD	3 Qtrs
Equity in loss (earnings) of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$9.19M	USD	1 Quarter
Equity in loss (earnings) of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$39.02M	USD	3 Qtrs
Equity in loss (earnings) of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$13.46M	USD	1 Quarter
Distributions of equity in earnings from NuStar Energy L.P.	`EquityMethodInvestmentDividendsOrDistributions`	$39.02M	USD	3 Qtrs
Distributions of equity in earnings from NuStar Energy L.P.	`EquityMethodInvestmentDividendsOrDistributions`	-	USD	3 Qtrs
Gain related to NuStar Energy L.P.'s issuance of limited partner units	`GainLossOnSaleOfPreviouslyUnissuedStockBySubsidiaryOrEquityInvesteeNonoperatingIncome`	$10.69M	USD	3 Qtrs
Gain related to NuStar Energy L.P.'s issuance of limited partner units	`GainLossOnSaleOfPreviouslyUnissuedStockBySubsidiaryOrEquityInvesteeNonoperatingIncome`	-	USD	3 Qtrs
(Gain) loss on sale of NuStar Energy L.P. limited partner units in connection with unit-based compensation	`ShareBasedCompensation`	$-119.00K	USD	3 Qtrs
(Gain) loss on sale of NuStar Energy L.P. limited partner units in connection with unit-based compensation	`ShareBasedCompensation`	$-90.00K	USD	3 Qtrs
Provision (benefit) for deferred income tax	`DeferredIncomeTaxExpenseBenefit`	$551.00K	USD	3 Qtrs
Provision (benefit) for deferred income tax	`DeferredIncomeTaxExpenseBenefit`	$-2.36M	USD	3 Qtrs
Changes in current assets and liabilities (Note 6)	`IncreaseDecreaseInOperatingCapital`	$2.24M	USD	3 Qtrs
Changes in current assets and liabilities (Note 6)	`IncreaseDecreaseInOperatingCapital`	$8.10M	USD	3 Qtrs
(Increase) decrease in long-term receivable from related party	`IncreaseDecreaseInDueFromRelatedPartiesNoncurrent`	$-1.50M	USD	3 Qtrs
(Increase) decrease in long-term receivable from related party	`IncreaseDecreaseInDueFromRelatedPartiesNoncurrent`	$-11.50M	USD	3 Qtrs
Increase in long-term liabilities	`IncreaseDecreaseInPensionAndPostretirementObligations`	$13.59M	USD	3 Qtrs
Increase in long-term liabilities	`IncreaseDecreaseInPensionAndPostretirementObligations`	$11.13M	USD	3 Qtrs
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$121.00K	USD	3 Qtrs
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$141.00K	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$5.27M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$27.80M	USD	3 Qtrs
Distributions in excess of equity in earnings from NuStar Energy L.P.	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$33.12M	USD	3 Qtrs
Distributions in excess of equity in earnings from NuStar Energy L.P.	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$68.47M	USD	3 Qtrs
Investment in NuStar Energy L.P.	`PaymentsToAcquireEquityMethodInvestments`	-	USD	3 Qtrs
Investment in NuStar Energy L.P.	`PaymentsToAcquireEquityMethodInvestments`	$14.96M	USD	3 Qtrs
Proceeds from sale of NuStar Energy L.P. units in connection with unit-based compensation	`ProceedsFromSaleOfEquityMethodInvestments`	$1.38M	USD	3 Qtrs
Proceeds from sale of NuStar Energy L.P. units in connection with unit-based compensation	`ProceedsFromSaleOfEquityMethodInvestments`	$2.79M	USD	3 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$34.50M	USD	3 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$56.31M	USD	3 Qtrs
Proceeds from short-term debt borrowings	`ProceedsFromShortTermDebt`	$26.00M	USD	3 Qtrs
Proceeds from short-term debt borrowings	`ProceedsFromShortTermDebt`	$21.00M	USD	3 Qtrs
Repayment of short-term debt	`RepaymentsOfShortTermDebt`	$16.50M	USD	3 Qtrs
Repayment of short-term debt	`RepaymentsOfShortTermDebt`	$20.00M	USD	3 Qtrs
Distributions to unitholders	`PaymentsOfDividendsCommonStock`	$69.68M	USD	3 Qtrs
Distributions to unitholders	`PaymentsOfDividendsCommonStock`	$65.14M	USD	3 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	3 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$368.00K	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-63.68M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-60.27M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.38M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.31M	USD	3 Qtrs
Cash and cash equivalents as of the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$2.66M	USD	Point-in-time
Cash and cash equivalents as of the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$1.35M	USD	Point-in-time
Cash and cash equivalents as of the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$1.21M	USD	Point-in-time
Cash and cash equivalents as of the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$2.60M	USD	Point-in-time
Cash and cash equivalents as of the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$2.66M	USD	Point-in-time
Cash and cash equivalents as of the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$1.35M	USD	Point-in-time
Cash and cash equivalents as of the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$1.21M	USD	Point-in-time
Cash and cash equivalents as of the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$2.60M	USD	Point-in-time

Comprehensive Income 4 line items

Line Item	Tag	Value	Unit	Period
Diluted net income (loss) per unit	`EarningsPerShareDiluted`	$0.84	USD	3 Qtrs
Diluted net income (loss) per unit	`EarningsPerShareDiluted`	$0.29	USD	1 Quarter
Diluted net income (loss) per unit	`EarningsPerShareDiluted`	$-0.07	USD	3 Qtrs
Diluted net income (loss) per unit	`EarningsPerShareDiluted`	$0.45	USD	1 Quarter

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