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Net Income Per Unit (Tables)
6 Months Ended
Jun. 30, 2016
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 June 30, 2016 is August 12, 2016. The calculation of net income per unit is as follows (dollars in thousands, except units and per unit amounts):
 
 
Three Months Ended
 
Six Months Ended
 
 
June 30,
 
June 30,
 
 
2016
 
2015
 
2016
 
2015
Net income attributable to partners
 
$
18,893

 
$
18,311

 
$
34,341

 
$
32,951

Less: General partner's distribution (including IDRs) (1)
 
2,775

 
1,030

 
5,061

 
1,898

Less: Limited partners' distribution
 
15,310

 
6,738

 
25,695

 
13,213

Less: Subordinated partner's distribution
 

 
6,600

 
4,424

 
12,959

(Distributions) earnings excess
 
$
808

 
$
3,943

 
$
(839
)
 
$
4,881

 
 
 
 
 
 
 
 
 
General partner's earnings:
 
 
 
 
 
 
 
 
Distributions (including IDRs) (1)
 
$
2,775

 
$
1,030

 
$
5,061

 
$
1,898

Allocation of (distributions) earnings excess
 
16

 
79

 
(17
)
 
98

Total general partner's earnings
 
$
2,791

 
$
1,109

 
$
5,044

 
$
1,996

 
 
 
 
 
 
 
 
 
Limited partners' earnings on common units:
 
 
 
 
 
 
 
 
Distributions
 
$
15,310

 
$
6,738

 
$
25,695

 
$
13,213

Allocation of (distributions) earnings excess
 
792

 
1,952

 
(340
)
 
2,416

Total limited partners' earnings on common units
 
$
16,102

 
$
8,690

 
$
25,355

 
$
15,629

 
 
 
 
 
 
 
 
 
Limited partners' earnings on subordinated units:
 
 
 
 
 
 
 
 
Distributions
 
$

 
$
6,600

 
$
4,424

 
$
12,959

Allocation of (distributions) earnings excess
 

 
1,912

 
(482
)
 
2,367

Total limited partner's earnings on subordinated units
 
$

 
$
8,512

 
$
3,942

 
$
15,326

 
 
 
 
 
 
 
 
 
Weighted average limited partner units outstanding (3):
 
 
 
 
 
 
 
 
Common units - (basic)
 
24,281,930

 
12,224,007

 
20,653,210

 
12,220,248

Common units - (diluted)
 
24,367,091

 
12,360,519

 
20,735,389

 
12,350,621

Subordinated units - Delek (basic and diluted) (2)
 

 
11,999,258

 
3,626,149

 
11,999,258

 
 
 
 
 
 
 
 
 
Net income per limited partner unit (3):
 
 
 
 
 
 
 
 
Common units - (basic)
 
$
0.66

 
$
0.71

 
$
1.23

 
$
1.28

Common units - (diluted)
 
$
0.66

 
$
0.70

 
$
1.22

 
$
1.27

Subordinated units - Delek (basic and diluted)
 
$

 
$
0.71

 
$
1.09

 
$
1.28


            

(1) General partner distributions (including IDRs) consist of the payment with respect to the 2% general partner interest and payment on the 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.
(2) On February 25, 2016, each of the Partnership's 11,999,258 outstanding subordinated units converted into common units and began participating pro rata with the other common units in distributions of available cash. Distributions and the Partnership's net income were allocated to the subordinated units through February 24, 2016.
(3) We base our calculation of net income per unit on the weighted-average number of common and subordinated limited partner units outstanding during the period. The weighted-average number of common and subordinated units reflect the conversion of the subordinated units to common units on February 25, 2016.