Annual report pursuant to Section 13 and 15(d)

PREPAID EXPENSES AND OTHER ASSETS

v3.19.1
PREPAID EXPENSES AND OTHER ASSETS
12 Months Ended
Dec. 31, 2018
Prepaid Expense and Other Assets, Current [Abstract]  
PREPAID EXPENSES AND OTHER ASSETS
PREPAID EXPENSES AND OTHER ASSETS
Prepaid expenses and other assets at December 31 are summarized as follows:
 
2018
 
2017
 
(thousands of dollars)
Prepaid license
$
2,419

 
$
1,919

Spare parts
1,597

 
954

Other prepaid expenses and assets
648

 
772

Total
$
4,664


$
3,645


Beginning January 1, 2017, due to the expansion of our plant assets at SHR and TC, we began inventorying spare parts for the repair and maintenance of our plant, pipeline and equipment. Prepaid catalyst has been reclassified into Plant, Pipeline & Equipment to conform to current year reporting.