XML 57 R29.htm IDEA: XBRL DOCUMENT v3.22.2.2
Net Income Per Unit (Tables)
9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Summary of Cash Distributions The calculation of net income per unit is as follows (dollars in thousands, except units and per unit amounts):
Three Months Ended September 30,Nine Months Ended September 30,
2022202120222021
Net income attributable to partners$44,674 $43,624 $116,352 $123,137 
Less: Limited partners' distribution43,057 41,286 128,493 122,100 
Earnings in excess (deficit) of distributions$1,617 $2,338 $(12,141)$1,037 
Limited partners' earnings on common units:
Distributions$43,057 $41,286 $128,493 $122,100 
Allocation of earnings in excess (deficit) of distributions1,617 2,338 (12,141)1,037 
Total limited partners' earnings on common units$44,674 $43,624 $116,352 $123,137 
Weighted average limited partner units outstanding:
Basic43,485,779 43,454,535 43,477,801 43,447,739 
Diluted 43,515,960 43,468,289 43,499,837 43,457,857 
Net income per limited partner unit:
Basic$1.03 $1.00 $2.68 $2.83 
Diluted (1)
$1.03 $1.00 $2.67 $2.83 
(1) Outstanding common units totaling 3,862 were excluded from the diluted earnings per unit calculation for the nine months ended September 30, 2022. There were no outstanding common units excluded from the diluted earnings per unit calculation for the three and nine months ended September 30, 2021.