10-Q Filing

NUSTAR GP HOLDINGS, LLC CIK: 1223786 Q2 2014

Filing Information

Form Type	10-Q
Accession Number	`0001223786-14-000023`
Period End Date	20140630
Filing Date	20140805
Fiscal Year	2014
Fiscal Period	Q2
XBRL Instance	nsh-20140630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 50 Income Statement 48 Cash Flow Statement 50

Balance Sheet 50 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.60M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.60M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.53M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.05M	USD	Point-in-time
Receivable from related parties	`DueFromRelatedPartiesCurrent`	$9.62M	USD	Point-in-time
Receivable from related parties	`DueFromRelatedPartiesCurrent`	$14.59M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$1.20M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$1.20M	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$77.00K	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$615.00K	USD	Point-in-time
Deferred income tax assets, net	`DeferredTaxAssetsLiabilitiesNetCurrent`	-	USD	Point-in-time
Deferred income tax assets, net	`DeferredTaxAssetsLiabilitiesNetCurrent`	$1.05M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$245.00K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$217.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$13.79M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$18.14M	USD	Point-in-time
Investment in NuStar Energy L.P.	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$343.24M	USD	Point-in-time
Investment in NuStar Energy L.P.	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$357.46M	USD	Point-in-time
Long-term receivable from related party	`DueFromRelatedPartiesNoncurrent`	$41.14M	USD	Point-in-time
Long-term receivable from related party	`DueFromRelatedPartiesNoncurrent`	$40.43M	USD	Point-in-time
Total assets	`Assets`	$401.82M	USD	Point-in-time
Total assets	`Assets`	$412.38M	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$26.00M	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$26.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$324.00K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$351.00K	USD	Point-in-time
Accrued compensation expense	`EmployeeRelatedLiabilitiesCurrent`	$18.01M	USD	Point-in-time
Accrued compensation expense	`EmployeeRelatedLiabilitiesCurrent`	$12.32M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$536.00K	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$362.00K	USD	Point-in-time
Deferred income tax liabilities, net	`DeferredTaxLiabilitiesCurrent`	$1.22M	USD	Point-in-time
Deferred income tax liabilities, net	`DeferredTaxLiabilitiesCurrent`	-	USD	Point-in-time
Taxes other than income tax	`OtherAccruedTaxesCurrent`	$570.00K	USD	Point-in-time
Taxes other than income tax	`OtherAccruedTaxesCurrent`	$1.24M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$46.52M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$40.42M	USD	Point-in-time
Deferred income tax liabilities, net	`DeferredTaxLiabilitiesNoncurrent`	$1.12M	USD	Point-in-time
Deferred income tax liabilities, net	`DeferredTaxLiabilitiesNoncurrent`	$3.67M	USD	Point-in-time
Long-term liabilities	`OtherLiabilitiesNoncurrent`	$22.08M	USD	Point-in-time
Long-term liabilities	`OtherLiabilitiesNoncurrent`	$18.31M	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`	$341.05M	USD	Point-in-time
Members' equity	`MembersCapital`	$324.09M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$8.01M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$8.94M	USD	Point-in-time
Total members' equity	`MembersEquity`	$349.99M	USD	Point-in-time
Total members' equity	`MembersEquity`	$332.10M	USD	Point-in-time
Total liabilities and members' equity	`LiabilitiesAndStockholdersEquity`	$412.38M	USD	Point-in-time
Total liabilities and members' equity	`LiabilitiesAndStockholdersEquity`	$401.82M	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`	$31.13M	USD	2 Qtrs
Equity in earnings (loss) of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$16.74M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$880.00K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.42M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.75M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$618.00K	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`	$213.00K	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$196.00K	USD	1 Quarter
Interest expense, net	`InterestExpenseDebt`	$170.00K	USD	1 Quarter
Interest expense, net	`InterestExpenseDebt`	$453.00K	USD	2 Qtrs
Interest expense, net	`InterestExpenseDebt`	$343.00K	USD	2 Qtrs
Interest expense, net	`InterestExpenseDebt`	$231.00K	USD	1 Quarter
Income (loss) before income tax (expense) benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$15.82M	USD	1 Quarter
Income (loss) before income tax (expense) benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$23.90M	USD	2 Qtrs
Income (loss) before income tax (expense) benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$29.14M	USD	2 Qtrs
Income (loss) before income tax (expense) benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$12.65M	USD	1 Quarter
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$88.00K	USD	1 Quarter
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$265.00K	USD	2 Qtrs
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$-277.00K	USD	2 Qtrs
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$56.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$29.41M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$15.77M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$12.56M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$23.63M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$12.65M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$15.79M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$28.48M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$23.92M	USD	2 Qtrs
Basic net income (loss) per unit	`EarningsPerShareBasic`	$0.37	USD	1 Quarter
Basic net income (loss) per unit	`EarningsPerShareBasic`	$0.69	USD	2 Qtrs
Basic net income (loss) per unit	`EarningsPerShareBasic`	$0.55	USD	2 Qtrs
Basic net income (loss) per unit	`EarningsPerShareBasic`	$0.29	USD	1 Quarter
Diluted net income (loss) per unit	`EarningsPerShareDiluted`	$0.29	USD	1 Quarter
Diluted net income (loss) per unit	`EarningsPerShareDiluted`	$0.37	USD	1 Quarter
Diluted net income (loss) per unit	`EarningsPerShareDiluted`	$0.69	USD	2 Qtrs
Diluted net income (loss) per unit	`EarningsPerShareDiluted`	$0.55	USD	2 Qtrs
Weighted-average number of basic units outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	42.66M	shares	1 Quarter
Weighted-average number of basic units outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	42.62M	shares	1 Quarter
Weighted-average number of basic units outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	42.61M	shares	2 Qtrs
Weighted-average number of basic units outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	42.66M	shares	2 Qtrs
Weighted-average number of diluted units outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.69M	shares	1 Quarter
Weighted-average number of diluted units outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.67M	shares	2 Qtrs
Weighted-average number of diluted units outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.62M	shares	1 Quarter
Weighted-average number of diluted units outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.61M	shares	2 Qtrs

Cash Flow Statement 50 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$29.41M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$15.77M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$12.56M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$23.63M	USD	2 Qtrs
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`	$31.13M	USD	2 Qtrs
Equity in loss (earnings) of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$16.74M	USD	1 Quarter
Distributions of equity in earnings from NuStar Energy L.P.	`EquityMethodInvestmentDividendsOrDistributions`	$31.13M	USD	2 Qtrs
Distributions of equity in earnings from NuStar Energy L.P.	`EquityMethodInvestmentDividendsOrDistributions`	$25.56M	USD	2 Qtrs
(Gain) loss on sale of NuStar Energy L.P. limited partner units in connection with unit-based compensation	`ShareBasedCompensation`	$-213.00K	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`	$294.00K	USD	2 Qtrs
Provision (benefit) for deferred income tax	`DeferredIncomeTaxExpenseBenefit`	$-277.00K	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`	$1.24M	USD	2 Qtrs
(Increase) decrease in long-term receivable from related party	`IncreaseDecreaseInDueFromRelatedPartiesNoncurrent`	$-653.00K	USD	2 Qtrs
(Increase) decrease in long-term receivable from related party	`IncreaseDecreaseInDueFromRelatedPartiesNoncurrent`	$-8.62M	USD	2 Qtrs
Increase in long-term liabilities	`IncreaseDecreaseInPensionAndPostretirementObligations`	$8.25M	USD	2 Qtrs
Increase in long-term liabilities	`IncreaseDecreaseInPensionAndPostretirementObligations`	$3.77M	USD	2 Qtrs
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$91.00K	USD	2 Qtrs
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$152.00K	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`	$30.95M	USD	2 Qtrs
Distributions in excess of equity in earnings from NuStar Energy L.P.	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$22.54M	USD	2 Qtrs
Distributions in excess of equity in earnings from NuStar Energy L.P.	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$16.80M	USD	2 Qtrs
Investment in NuStar Energy L.P.	`PaymentsToAcquireEquityMethodInvestments`	$3.48M	USD	2 Qtrs
Investment in NuStar Energy L.P.	`PaymentsToAcquireEquityMethodInvestments`	-	USD	2 Qtrs
Proceeds from sale of NuStar Energy L.P. units in connection with unit-based compensation	`ProceedsFromSaleOfEquityMethodInvestments`	$2.15M	USD	2 Qtrs
Proceeds from sale of NuStar Energy L.P. units in connection with unit-based compensation	`ProceedsFromSaleOfEquityMethodInvestments`	$1.26M	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$15.47M	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$23.81M	USD	2 Qtrs
Proceeds from short-term debt borrowings	`ProceedsFromShortTermDebt`	$26.00M	USD	2 Qtrs
Proceeds from short-term debt borrowings	`ProceedsFromShortTermDebt`	$18.50M	USD	2 Qtrs
Repayment of short-term debt	`RepaymentsOfShortTermDebt`	$20.00M	USD	2 Qtrs
Repayment of short-term debt	`RepaymentsOfShortTermDebt`	$26.00M	USD	2 Qtrs
Distributions to unitholders	`PaymentsOfDividendsCommonStock`	$46.45M	USD	2 Qtrs
Distributions to unitholders	`PaymentsOfDividendsCommonStock`	$46.50M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-47.95M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-46.50M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-544.00K	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-76.00K	USD	2 Qtrs
Cash and cash equivalents as of the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$1.60M	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 beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$1.53M	USD	Point-in-time
Cash and cash equivalents as of the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$2.05M	USD	Point-in-time
Cash and cash equivalents as of the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$1.60M	USD	Point-in-time
Cash and cash equivalents as of the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$2.60M	USD	Point-in-time
Cash and cash equivalents as of the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$1.53M	USD	Point-in-time
Cash and cash equivalents as of the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$2.05M	USD	Point-in-time

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