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Equity (Tables)
9 Months Ended
Sep. 30, 2021
Equity [Abstract]  
Equity Activity
The table below summarizes the changes in the number of limited partner units outstanding from December 31, 2020 through September 30, 2021.
Common - PublicCommon - Delek HoldingsTotal
Balance at December 31, 20208,697,468 34,745,868 43,443,336 
Unit-based compensation awards (1)
15,727 — 15,727 
Balance at September 30, 20218,713,195 34,745,868 43,459,063 
(1) Unit-based compensation awards are presented net of 3,237 units withheld for taxes as of September 30, 2021.
Summary of Allocation of General Partner's Interest in Net Income
The following table presents the allocation of the general partner's interest in net income (in thousands, except percentage of ownership interest):
Three Months Ended September 30,Nine Months Ended September 30,
2021202020212020
Net income attributable to partners$43,624 $46,328 $123,137 $118,539 
Less: General partner's IDRs— — — (17,632)
Net income available to partners$43,624 $46,328 $123,137 $100,907 
General partner's ownership interest— %— %— %2.0 %
General partner's allocated interest in net income$— $— — $1,092 
General partner's IDRs— — — 17,632 
Total general partner's interest in net income$— $— $— $18,724 
Summary of Distributions
The table below summarizes the quarterly distributions related to our quarterly financial results:
Quarter EndedTotal Quarterly Distribution Per Limited Partner UnitTotal Cash Distribution
(in thousands)
Date of DistributionUnitholders Record Date
September 30, 2020$0.905 $39,308 November 12, 2020November 6, 2020
December 31, 2020$0.910 $39,533 February 9, 2021February 2, 2021
March 31, 2021$0.920 $39,968 May 14, 2021May 10, 2021
June 30, 2021$0.940 $40,846 August 11, 2021August 5, 2021
September 30, 2021$0.950 $41,286 
November 10, 2021 (1)
November 5, 2021
(1) Expected date of distribution.
The allocations of total quarterly cash distributions made to limited partners for the three and nine months ended September 30, 2021 and 2020 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):
Three Months Ended September 30,Nine Months Ended September 30,
2021202020212020
General partner's distributions:
     General partner's distributions $— $— $— $986 
     General partner's IDRs— — — 17,632 
          Total general partner's distributions— — — 18,618 
Limited partners' distributions:
          Common limited partners' distributions 41,286 39,307 122,100 87,536 
Total cash distributions$41,286 $39,307 $122,100 $106,154 
Cash distributions per limited partner unit$0.950 $0.905 $3.800 $2.695