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Net Income per Unit
12 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
Net Income per Unit Net Income per Unit
Basic net income per unit attributable 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 attributable to common limited partners includes the effects of potentially dilutive units on our common units. For the years ended December 31, 2023, 2022 and 2021, potentially dilutive units outstanding consist of unvested phantom units.
The calculation of net income per unit is as follows (in thousands, except unit and per unit amounts):
Year Ended December 31,
202320222021
Net income attributable to limited partners$126,236 $159,052 164,822 
Weighted average limited partner units outstanding, basic43,583,938 43,487,910 43,447,739 
Dilutive effect of unvested phantom units27,376 23,740 12,731 
Weighted average limited partner units outstanding, diluted43,611,314 43,511,650 43,460,470 
Net income per limited partner unit:
Basic$2.90 $3.66 $3.79 
Diluted (1)
$2.89 $3.66 $3.79 
(1) There were 41,790, 7,511 and 4,458 anti-dilutive common unit equivalents excluded from the diluted earnings per unit calculation during the years ended December 31, 2023, 2022 and 2021, respectively.