XML 55 R30.htm IDEA: XBRL DOCUMENT v2.4.0.8
Equity (Tables)
 9 Months Ended
Sep. 30, 2013
Equity [Abstract]  
Schedule of Net Income Allocation By Partners
The calculation of net income allocated to the partners is as follows (in thousands, except per unit amounts):
Net Income Attributable to Susser Petroleum Partners LP Limited Partner Units - Common Units
 
Three Months Ended
 
Nine Months Ended
 
September 30, 2012
 
September 30, 2013
 
September 30, 2012
 
September 30, 2013
Distributions (a)
$
312

 
$
5,165

 
$
312

 
$
14,904

Distributions in excess of income
(25
)
 
(361
)
 
(25
)
 
(1,146
)
Limited partners' interest in net income
$
287

 
$
4,804

 
$
287

 
$
13,758

 
 
 
 
 
 
 
 
Net Income Attributable to Susser Petroleum Partners LP Limited Partner Units - Subordinated Units
 
Three Months Ended
 
Nine Months Ended
 
September 30, 2012
 
September 30, 2013
 
September 30, 2012
 
September 30, 2013
Distributions (a)
$
312

 
$
5,124

 
$
312

 
$
14,863

Distributions in excess of income
(25
)
 
(331
)
 
(25
)
 
(1,116
)
Limited partners' interest in net income
$
287

 
$
4,793

 
$
287

 
$
13,747

 
 
 
 
 
 
 
 
(a) Distributions declared per unit to unitholders as of record date
$0.0285
 
$0.4687
 
$0.0285
 
$1.359
Schedule of Incentive Distribution Rights to Limited Partners
 
 
 
Marginal percentage interest in distributions
 
Total quarterly distribution per unit target amount
 
Unitholders
 
SUSS
Minimum Quarterly Distribution
$0.4375
 
100
%
 
—

First Target Distribution
Above $0.4375 up to $0.503125
 
100
%
 
—

Second Target Distribution
Above $0.503125 up to $0.546875
 
85
%
 
15
%
Third Target Distribution
Above $0.546875 up to $0.656250
 
75
%
 
25
%
Thereafter
Above $0.656250
 
50
%
 
50
%