Equity (Tables)

12 Months Ended

Dec. 31, 2019

The table below summarizes the changes in the number of units outstanding from December 31, 2017 through December 31, 2019.



	Common - Public		Common - Delek Holdings	General Partner	Total
Balance at December 31, 2016	9,263,415		15,065,192	496,502	24,825,109
General partner units issued to maintain 2% interest	—		—	1,102	1,102
Unit-based compensation awards ⁽¹⁾	54,026		—	—	54,026
Delek Holdings unit repurchases from public	(228,854	)	228,854	—	—
Balance at December 31, 2017	9,088,587		15,294,046	497,604	24,880,237
General partner units issued to maintain 2% interest	—		—	434	434
Unit-based compensation awards ⁽¹⁾	21,220		—	—	21,220
Balance at December 31, 2018	9,109,807		15,294,046	498,038	24,901,891
General partner units issued to maintain 2% interest	—		—	444	444
Unit-based compensation awards ⁽¹⁾	21,772		—	—	21,772
Balance at December 31, 2019	9,131,579		15,294,046	498,482	24,924,107

⁽¹⁾ Unit-based compensation awards are presented net of no, 598 and 14,053 units withheld for taxes as of December 31, 2019, 2018 and 2017, respectively.

Schedule of Calculation of Net Income Applicable to Partners

The following table presents the allocation of the general partner's interest in net income (in thousands, except percentage of ownership interest):



	Year Ended December 31,
	2019			2018			2017
Net income attributable to partners	$	96,749		$	90,182		$	69,409
Less: General partner's IDRs	(31,781		)	(24,224		)	(17,389		)
Net income available to partners	$	64,968		$	65,958		$	52,020
General partner's ownership interest	2.0		%	2.0		%	2.0		%
General partner's allocated interest in net income	1,299			1,319			1,040
General partner's IDRs	31,781			24,224			17,389
Total general partner's interest in net income	$	33,080		$	25,543		$	18,429

Schedule of Distributions Made to Members or Limited Partners, by Distribution

The table below summarizes the quarterly distributions related to our quarterly financial results:



Quarter Ended	Total Quarterly Distribution Per Limited Partner Unit		Total Quarterly Distribution Per Limited Partner Unit, Annualized		Total Cash Distribution, including general partner interest and IDRs (in thousands)		Date of Distribution	Unitholders Record Date
December 31, 2017	$	0.725	$	2.90	$	22,777	February 12, 2018	February 2, 2018
March 31, 2018	$	0.750	$	3.00	$	23,997	May 15, 2018	May 7, 2018
June 30, 2018	$	0.770	$	3.08	$	24,984	August 13, 2018	August 3, 2018
September 30, 2018	$	0.790	$	3.16	$	25,960	November 9, 2018	November 2, 2018
December 31, 2018	$	0.810	$	3.24	$	26,949	February 12, 2019	February 4, 2019
March 31, 2019	$	0.820	$	3.28	$	27,438	May 14, 2019	May 7, 2019
June 30, 2019	$	0.850	$	3.40	$	28,914	August 13, 2019	August 5, 2019
September 30, 2019	$	0.880	$	3.52	$	30,379	November 12, 2019	November 4, 2019
December 31, 2019	$	0.885	$	3.54	$	30,634	February 12, 2020	February 4, 2020

The allocations of total quarterly cash distributions made to general and limited partners for the years ended December 31, 2019, 2018 and 2017 are set forth in the table below. Distributions earned with respect to a given period are declared subsequent to quarter end. Therefore, the table below presents total cash distributions applicable to the period in which the distributions are earned (in thousands, except per unit amounts):



	Year Ended December 31,
	2019		2018		2017
General partner's distributions:
General partner's distributions	$	1,711	$	1,553	$	1,408
General partner's IDRs	31,781		24,224		17,389
Total general partner's distributions	33,492		25,777		18,797

Limited partners' distributions:
Common limited partners' distributions	83,873		76,113		69,057
Total cash distributions	$	117,365	$	101,890	$	87,854
Cash distributions per limited partner unit	$	3.440	$	3.120	$	2.835