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Equity | 9 Months Ended
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Sep. 30, 2022
Equity [Abstract] |
Equity | Equity We had 9,180,901 common limited partner units held by the public outstanding as of September 30, 2022. Additionally, as of September 30, 2022, Delek Holdings owned an 78.9% limited partner interest in us, consisting of 34,311,278 common limited partner units. On April 14, 2022, we filed a shelf registration statement with the SEC, which was declared effective on April 29, 2022, which provides the Partnership the ability to offer up to $200.0 million of our common limited partner units from time to time and through one or more methods of distribution, subject to market conditions and our capital needs. On December 22, 2021, Delek Holdings issued a press release regarding a program to sell up to 434,590 common limited partner units representing limited partner interests in the Partnership. We did not sell any securities under this program and we did not receive any proceeds from the sale of the securities by Delek Holdings. Equity Activity The table below summarizes the changes in the number of limited partner units outstanding from December 31, 2021 through September 30, 2022.
| Common - Public |  | Common - Delek Holdings |  | Total
Balance at December 31, 2021 | 8,774,053 |  |  | 34,696,800 |  |  | 43,470,853 |
Unit-based compensation awards (1) | 21,326 |  |  | — |  |  | 21,326 |
Delek Holdings resale of units | 385,522 |  |  | (385,522) |  |  | — |
Balance at September 30, 2022 | 9,180,901 |  |  | 34,311,278 |  |  | 43,492,179 |
(1) Unit-based compensation awards are presented net of 6,368 units withheld for taxes as of September 30, 2022.
Issuance of Additional Securities Our Partnership Agreement authorizes us to issue an unlimited number of additional partnership securities for the consideration and on the terms and conditions determined by our general partner without the approval of the unitholders. Costs associated with the issuance of securities are allocated to all unitholders' capital accounts based on their ownership interest at the time of issuance. Cash Distributions Our Partnership Agreement sets forth the calculation to be used to determine the amount and priority of available cash distributions that our limited partner unitholders will receive. Our distributions earned with respect to a given period are declared subsequent to quarter end. The table below summarizes the quarterly distributions related to our quarterly financial results:
Quarter Ended |  | Total Quarterly Distribution Per Limited Partner Unit |  | Total Cash Distribution (in thousands) |  | Date of Distribution |  | Unitholders Record Date
September 30, 2021 |  | $ | 0.950 |  |  | $ | 41,286 |  |  | November 10, 2021 |  | November 5, 2021
December 31, 2021 |  | $ | 0.975 |  |  | $ | 42,384 |  |  | February 8, 2022 |  | February 1, 2022
March 31, 2022 |  | $ | 0.980 |  |  | $ | 42,604 |  |  | May 12, 2022 |  | May 5, 2022
June 30, 2022 |  | $ | 0.985 |  |  | $ | 42,832 |  |  | August 11, 2022 |  | August 4, 2022
September 30, 2022 |  | $ | 0.990 |  |  | $ | 43,057 |  |  | November 10, 2022 (1) |  | November 4, 2022
(1) Expected date of distribution.

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- Definition The entire disclosure for the formation, structure, control and ownership of the partnership. Disclosures related to accounts comprising partners' capital. Includes balances of general partners' capital account, limited partners' capital account, preferred partners' capital account and total partners' capital account and units outstanding; accumulated other comprehensive income; amount and nature of changes to amount of partner's capital and units outstanding by class, rights and privileges for each class of units; distribution policies and distributions paid by unit class; impact of and correction of an error in previously issued financial statements; limitations of partners' liability; redemption, conversion and distribution policies; and deferred compensation related to the issuance of units. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI https://asc.fasb.org/topic&trid=2208762 + Details
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