v3.25.1
Unaudited Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenues:    
Total revenues $ 245,234 $ 229,276
Costs and expenses:    
Cost of operations, exclusive of depreciation and amortization 81,618 75,072
Depreciation and amortization 70,393 63,251
Selling, general, and administrative 18,862 22,827
Loss on disposition of assets 1,325 1,254
Impairment of assets 3,645 0
Total costs and expenses 175,843 162,404
Operating income 69,391 66,872
Other income (expense):    
Interest expense, net (47,369) (46,666)
Loss on extinguishment of debt 0 (4,966)
Gain on derivative instrument 0 8,771
Other 25 34
Total other expense (47,344) (42,827)
Net income before income tax expense 22,047 24,045
Income tax expense 1,535 472
Net income 20,512 23,573
Less: distributions on Preferred Units (4,388) (4,388)
Net income attributable to common unitholders’ interests $ 16,124 $ 19,185
Weighted average common units outstanding - basic (in shares) 117,513 102,535
Weighted average common units outstanding - diluted (in shares) 118,254 103,606
Basic net income per common unit (in dollars per share) $ 0.14 $ 0.19
Diluted net income per common unit (in dollars per share) 0.14 0.19
Distributions declared per common unit for respective periods (in dollars per share) $ 0.525 $ 0.525
Contract operations    
Revenues:    
Total revenues $ 224,975 $ 218,104
Parts and service    
Revenues:    
Total revenues 5,094 5,460
Related party    
Revenues:    
Total revenues $ 15,165 $ 5,712