10-Q Filing

NUSTAR GP HOLDINGS, LLC CIK: 1223786 Q1 2018

Filing Information

Form Type	10-Q
Accession Number	`0001223786-18-000011`
Period End Date	20180331
Filing Date	20180508
Fiscal Year	2018
Fiscal Period	Q1
XBRL Instance	ns-20180331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 42 Income Statement 22 Cash Flow Statement 38

Balance Sheet 42 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$241.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$588.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$207.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$422.00K	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$105.00K	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$105.00K	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	-	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$26.00K	USD	Point-in-time
Prepaid expenses and other current assets	`OtherAssetsCurrent`	$319.00K	USD	Point-in-time
Prepaid expenses and other current assets	`OtherAssetsCurrent`	$259.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$605.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$872.00K	USD	Point-in-time
Investment in NuStar Energy L.P.	`EquityMethodInvestments`	$279.72M	USD	Point-in-time
Investment in NuStar Energy L.P.	`EquityMethodInvestments`	$270.65M	USD	Point-in-time
Deferred income tax assets, net	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$3.25M	USD	Point-in-time
Deferred income tax assets, net	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$3.25M	USD	Point-in-time
Total assets	`Assets`	$274.50M	USD	Point-in-time
Total assets	`Assets`	$283.84M	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$42.50M	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$43.00M	USD	Point-in-time
Payable to related party	`DueToRelatedPartiesCurrent`	$72.00K	USD	Point-in-time
Payable to related party	`DueToRelatedPartiesCurrent`	$205.00K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.00K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$126.00K	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$255.00K	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$500.00K	USD	Point-in-time
Taxes other than income tax	`OtherAccruedTaxesCurrent`	$169.00K	USD	Point-in-time
Taxes other than income tax	`OtherAccruedTaxesCurrent`	$98.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$43.62M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$43.31M	USD	Point-in-time
Commitments and contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Members equity (42,953,132 and 42,977,132 common units outstanding as of March 31, 2018 and December 31, 2017)	`MembersCapital`	$239.03M	USD	Point-in-time
Members equity (42,953,132 and 42,977,132 common units outstanding as of March 31, 2018 and December 31, 2017)	`MembersCapital`	$251.36M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-10.82M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-8.15M	USD	Point-in-time
Total members equity	`MembersEquity`	$240.54M	USD	Point-in-time
Total members equity	`MembersEquity`	$230.88M	USD	Point-in-time
Total liabilities and members equity	`LiabilitiesAndStockholdersEquity`	$274.50M	USD	Point-in-time
Total liabilities and members equity	`LiabilitiesAndStockholdersEquity`	$283.84M	USD	Point-in-time
Common units outstanding	`CommonUnitOutstanding`	42.98M	shares	Point-in-time
Common units outstanding	`CommonUnitOutstanding`	42.95M	shares	Point-in-time

Income Statement 22 line items

Line Item	Tag	Value	Unit	Period
Equity in earnings of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$13.31M	USD	1 Quarter
Equity in earnings of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$18.11M	USD	1 Quarter
Third parties	`GeneralandAdministrativeExpenseExcludingRelatedParty`	$587.00K	USD	1 Quarter
Third parties	`GeneralandAdministrativeExpenseExcludingRelatedParty`	$670.00K	USD	1 Quarter
Related party	`RelatedPartyGeneralAndAdministrativeExpense`	$241.00K	USD	1 Quarter
Related party	`RelatedPartyGeneralAndAdministrativeExpense`	$218.00K	USD	1 Quarter
Total general and administrative expenses	`GeneralAndAdministrativeExpense`	$828.00K	USD	1 Quarter
Total general and administrative expenses	`GeneralAndAdministrativeExpense`	$888.00K	USD	1 Quarter
Interest expense, net	`InterestExpenseDebt`	$292.00K	USD	1 Quarter
Interest expense, net	`InterestExpenseDebt`	$486.00K	USD	1 Quarter
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$16.99M	USD	1 Quarter
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$11.94M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$2.00K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net income	`NetIncomeLoss`	$16.99M	USD	1 Quarter
Net income	`NetIncomeLoss`	$11.94M	USD	1 Quarter
Net income per unit	`EarningsPerShareBasicAndDiluted`	$0.28	USD	1 Quarter
Net income per unit	`EarningsPerShareBasicAndDiluted`	$0.39	USD	1 Quarter
Weighted-average number of common units outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	42.95M	shares	1 Quarter
Weighted-average number of common units outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	42.96M	shares	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$17.55M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$14.61M	USD	1 Quarter

Cash Flow Statement 38 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$16.99M	USD	1 Quarter
Net income	`NetIncomeLoss`	$11.94M	USD	1 Quarter
Equity in earnings of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$13.31M	USD	1 Quarter
Equity in earnings of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$18.11M	USD	1 Quarter
Distributions of equity in earnings from NuStar Energy L.P.	`EquityMethodInvestmentDividendsOrDistributions`	$13.31M	USD	1 Quarter
Distributions of equity in earnings from NuStar Energy L.P.	`EquityMethodInvestmentDividendsOrDistributions`	$18.11M	USD	1 Quarter
Unit-based compensation expense	`ShareBasedCompensation`	$203.00K	USD	1 Quarter
Unit-based compensation expense	`ShareBasedCompensation`	$232.00K	USD	1 Quarter
Amortization of deferred debt costs	`AmortizationOfFinancingCosts`	$49.00K	USD	1 Quarter
Amortization of deferred debt costs	`AmortizationOfFinancingCosts`	$42.00K	USD	1 Quarter
Deferred income tax expense	`DeferredIncomeTaxExpenseBenefit`	-	USD	1 Quarter
Deferred income tax expense	`DeferredIncomeTaxExpenseBenefit`	$3.00K	USD	1 Quarter
Changes in current assets and liabilities (Note 7)	`IncreaseDecreaseInOperatingCapital`	$147.00K	USD	1 Quarter
Changes in current assets and liabilities (Note 7)	`IncreaseDecreaseInOperatingCapital`	$362.00K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$16.88M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$12.08M	USD	1 Quarter
Distributions in excess of equity in earnings from NuStar Energy L.P.	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$5.96M	USD	1 Quarter
Distributions in excess of equity in earnings from NuStar Energy L.P.	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$11.11M	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$11.11M	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$5.96M	USD	1 Quarter
Proceeds from short-term debt borrowings	`ProceedsFromShortTermDebt`	$1.00M	USD	1 Quarter
Proceeds from short-term debt borrowings	`ProceedsFromShortTermDebt`	$500.00K	USD	1 Quarter
Distributions to unitholders	`PaymentsOfDividendsCommonStock`	$23.42M	USD	1 Quarter
Distributions to unitholders	`PaymentsOfDividendsCommonStock`	$23.41M	USD	1 Quarter
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-443.00K	USD	1 Quarter
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-51.00K	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-22.46M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-23.37M	USD	1 Quarter
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-181.00K	USD	1 Quarter
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$381.00K	USD	1 Quarter
Cash and cash equivalents as of the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$241.00K	USD	Point-in-time
Cash and cash equivalents as of the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$588.00K	USD	Point-in-time
Cash and cash equivalents as of the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$207.00K	USD	Point-in-time
Cash and cash equivalents as of the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$422.00K	USD	Point-in-time
Cash and cash equivalents as of the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$241.00K	USD	Point-in-time
Cash and cash equivalents as of the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$588.00K	USD	Point-in-time
Cash and cash equivalents as of the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$207.00K	USD	Point-in-time
Cash and cash equivalents as of the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$422.00K	USD	Point-in-time

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