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Net Income Per Unit
 3 Months Ended
Mar. 31, 2023
Earnings Per Share [Abstract]  
Net Income Per Unit Net Income per Unit
Basic net income per unit applicable to limited partners is computed by dividing limited partners' interest in net income by the weighted-average number of outstanding common units.
Diluted net income per unit applicable to common limited partners includes the effects of potentially dilutive units on our common units. As of March 31, 2023, the only potentially dilutive units outstanding consist of unvested phantom units.
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, 2023 is May 15, 2023.
Payments made to our unitholders are determined in relation to actual distributions declared and are not based on the net income allocations used in the calculation of net income per unit. The calculation of net income per unit is as follows (dollars in thousands, except units and per unit amounts):
Three Months Ended March 31,
20232022
Net income attributable to partners$37,367 $39,514 
Less: Limited partners' distribution44,664 42,604 
Earnings in deficit of distributions$(7,297)$(3,090)
Limited partners' earnings on common units:
Distributions$44,664 $42,604 
Allocation of earnings in deficit of distributions(7,297)(3,090)
Total limited partners' earnings on common units$37,367 $39,514 
Weighted average limited partner units outstanding:
Basic43,569,963 43,471,536 
Diluted 43,585,297 43,481,572 
Net income per limited partner unit:
Basic$0.86 $0.91 
Diluted (1)
$0.86 $0.91 
(1) Outstanding common units totaling 22,632 were excluded from the diluted earnings per unit calculation for the three months ended March 31, 2023. There were no outstanding common units excluded from the diluted earnings per unit calculation for the three months ended March 31, 2022.