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Net Income Per Unit (Tables)
9 Months Ended
Sep. 30, 2015
Net Income Per Unit [Abstract]  
Net Income Per Unit [Table Text Block]
Our distributions earned with respect to a given period are declared subsequent to quarter end. Therefore, the table below represents total cash distributions applicable to the period in which the distributions are earned. The expected date of distribution for the distributions earned during the period ended September 30, 2015 is November 13, 2015. The calculation of net income per unit is as follows (in thousands, except units and per unit amounts):
 
 
Three Months Ended
 
Nine Months Ended
 
 
September 30,
 
September 30,
 
 
2015
 
2014
 
2015
 
2014
Net income attributable to partners
 
$
18,602

 
$
15,085

 
$
51,553

 
$
51,511

Less: General partner's distribution (including IDRs) (1)
 
1,314

 
544

 
3,212

 
1,177

Less: Limited partners' distribution
 
6,983

 
5,970

 
20,196

 
16,922

Less: Subordinated partner's distribution
 
6,839

 
5,880

 
19,798

 
16,679

Earnings in excess of distributions
 
$
3,466

 
$
2,691

 
$
8,347

 
$
16,733

 
 
 
 
 
 
 
 
 
General partner's earnings:
 
 
 
 
 
 
 
 
Distributions (including IDRs) (1)
 
$
1,314

 
$
544

 
$
3,212

 
$
1,177

Allocation of earnings in excess of distributions
 
69

 
54

 
167

 
334

Total general partner's earnings
 
$
1,383

 
$
598

 
$
3,379

 
$
1,511

 
 
 
 
 
 
 
 
 
Limited partners' earnings on common units:
 
 
 
 
 
 
 
 
Distributions
 
$
6,983

 
$
5,970

 
$
20,196

 
$
16,922

Allocation of earnings in excess of distributions
 
1,716

 
1,328

 
4,131

 
8,259

Total limited partners' earnings on common units
 
$
8,699

 
$
7,298

 
$
24,327

 
$
25,181

 
 
 
 
 
 
 
 
 
Limited partners' earnings on subordinated units:
 
 
 
 
 
 
 
 
Distributions
 
$
6,839

 
$
5,880

 
$
19,798

 
$
16,679

Allocation of earnings in excess of distributions
 
1,681

 
1,309

 
4,049

 
8,140

Total limited partner's earnings on subordinated units
 
$
8,520

 
$
7,189

 
$
23,847

 
$
24,819

 
 
 
 
 
 
 
 
 
Weighted average limited partner units outstanding:
 
 
 
 
 
 
 
 
Common units - (basic)
 
12,250,847

 
12,183,847

 
12,230,560

 
12,165,474

Common units - (diluted)
 
12,360,519

 
12,327,321

 
12,350,621

 
12,299,963

Subordinated units - Delek (basic and diluted)
 
11,999,258

 
11,999,258

 
11,999,258

 
11,999,258

 
 
 
 
 
 
 
 
 
Net income per limited partner unit:
 
 
 
 
 
 
 
 
Common units - (basic)
 
$
0.71

 
$
0.60

 
$
1.99

 
$
2.07

Common units - (diluted)
 
$
0.70

 
$
0.59

 
$
1.97

 
$
2.05

Subordinated units - Delek (basic and diluted)
 
$
0.71

 
$
0.60

 
$
1.99

 
$
2.07


            

(1) General partner distributions (including IDRs) consist of the 2% general partner interest and IDRs, which represent the right of the general partner to receive increasing percentages of quarterly distributions of available cash from operating surplus in excess of $0.43125 per unit per quarter. See Note 8 for further discussion related to IDRs.