XML 47 R24.htm IDEA: XBRL DOCUMENT v3.23.2
Net Income Per Unit (Tables)
 6 Months Ended
Jun. 30, 2023
Earnings Per Share [Abstract]  
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 June 30,Six Months Ended June 30,
2023202220232022
Net income attributable to partners$31,896 $32,164 $69,263 $71,678 
Less: Limited partners' distribution45,112 42,832 89,776 85,436 
Earnings in excess (deficit) of distributions$(13,216)$(10,668)$(20,513)$(13,758)
Limited partners' earnings on common units:
Distributions$45,112 $42,832 $89,776 $85,436 
Allocation of earnings in excess (deficit) of distributions(13,216)(10,668)(20,513)(13,758)
Total limited partners' earnings on common units$31,896 $32,164 $69,263 $71,678 
Weighted average limited partner units outstanding:
Basic43,577,428 43,475,931 43,573,716 43,473,746 
Diluted 43,597,282 43,502,983 43,591,726 43,491,796 
Net income per limited partner unit:
Basic$0.73 $0.74 $1.59 $1.65 
Diluted (1)
$0.73 $0.74 $1.59 $1.65 
(1) Outstanding common units totaling 11,180 and 35,383 were excluded from the diluted earnings per unit calculation for the three and six months ended June 30, 2023, respectively. Outstanding common units totaling 2,153 and 1,083 were excluded from the diluted earnings per unit calculation for the three and six months ended June 30, 2022, respectively.