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Net Income Per Unit (Tables)
3 Months Ended
Mar. 31, 2017
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 March 31, 2017 is May 12, 2017. The calculation of net income per unit is as follows (dollars in thousands, except units and per unit amounts):
 
 
Three Months Ended
 
 
March 31,
 
 
2017
 
2016
Net income attributable to partners
 
$
14,595

 
$
15,448

Less: General partner's distribution (including IDRs) (1)
 
4,237

 
2,286

Less: Limited partners' distribution
 
16,787

 
10,385

Less: Subordinated partner's distribution
 

 
4,424

Distributions in excess of earnings
 
$
(6,429
)
 
$
(1,647
)
 
 
 
 
 
General partner's earnings:
 
 
 
 
Distributions (including IDRs) (1)
 
$
4,237

 
$
2,286

Allocation of distributions in excess of earnings
 
(128
)
 
(33
)
Total general partner's earnings
 
$
4,109

 
$
2,253

 
 
 
 
 
Limited partners' earnings on common units:
 
 
 
 
Distributions
 
$
16,787

 
$
10,385

Allocation of distributions in excess of earnings
 
(6,301
)
 
(1,132
)
Total limited partners' earnings on common units
 
$
10,486

 
$
9,253

 
 
 
 
 
Limited partners' earnings on subordinated units:
 
 
 
 
Distributions
 
$

 
$
4,424

Allocation of distributions in excess of earnings
 

 
(482
)
Total limited partners' earnings on subordinated units
 
$

 
$
3,942

 
 
 
 
 
Weighted average limited partner units outstanding (2):
 
 
 
 
Common units - (basic)
 
24,328,607

 
17,024,490

Common units - (diluted)
 
24,380,770

 
17,115,198

Subordinated units - Delek (basic and diluted) (3)
 

 
7,252,299

 
 
 
 
 
Net income per limited partner unit (2):
 
 
 
 
Common units - (basic)
 
$
0.43

 
$
0.54

Common units - (diluted)
 
$
0.43

 
$
0.54

Subordinated units - Delek (basic and diluted)
 
$

 
$
0.54


            

(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 7 for further discussion related to IDRs.
(2) 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 reflects the conversion of the subordinated units to common units on February 25, 2016.
(3) 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.