XML 51 R28.htm IDEA: XBRL DOCUMENT
v3.24.3

Equity (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2024
Equity [Abstract] |
Schedule of Capital Units | The table below summarizes the changes in the number of limited partner units outstanding from December 31, 2023 through September 30, 2024.
| Common - Public |  | Common - Delek Holdings (1) |  | Total
Balance at December 31, 2023 | 9,299,763 |  |  | 34,311,278 |  |  | 43,611,041 |
Unit-based compensation awards (2) | 48,132 |  |  | — |  |  | 48,132 |
Equity offering units issued | 3,584,416 |  |  | — |  |  | 3,584,416 |
Redemption of units associated with BSR Marketing Agreement | — |  |  | (2,500,000) |  |  | (2,500,000) |
Issuance of units in connection with W2W Acquisition | — |  |  | 2,300,000 |  |  | 2,300,000 |
Balance at September 30, 2024 | 12,932,311 |  |  | 34,111,278 |  |  | 47,043,589 |
(1) As of September 30, 2024, Delek Holdings owned a 70.4% interest in the Partnership (on an as-converted basis). (2) Unit-based compensation awards are presented net of 18,976 units withheld for taxes for nine months ended September 30, 2024.
Schedule of Distributions Made to Members or Limited Partners, by Distribution |
Date of Distribution |  | Distributions paid to Delek Holdings (in thousands)
February 12, 2024 |  | $ | 36,198 |
May 15, 2024 |  | 36,713 |
August 14, 2024 |  | 37,181 |
November 14, 2024 (1) |  | 37,352 |
Total |  | $ | 147,444 |
February 9, 2023 |  | $ | 34,998 |
May 15, 2023 |  | 35,169 |
August 14, 2023 |  | 35,512 |
November 13, 2023 |  | 35,855 |
Total |  | $ | 141,534 |
(1) On October 29, 2024, the board of directors of our general partner declared this quarterly cash distribution based on the available cash as of the date of determination. Distributions paid are estimated based on common units held by Delek Holdings as of September 30, 2024. 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) |  |  |  |
March 31, 2023 |  | $1.025 |  | $44,664 |  |  |  |
June 30, 2023 |  | $1.035 |  | $45,112 |  |  |  |
September 30, 2023 |  | $1.045 |  | $45,558 |  |  |  |
March 31, 2024 |  | $1.070 |  | $50,521 |  |  |  |
June 30, 2024 |  | $1.090 |  | $51,263 |  |  |  |
September 30, 2024 (1) |  | $1.100 |  | $51,513 |  |  |  |
(1) On October 29, 2024, the board of directors of our general partner declared this quarterly cash distribution, payable on November 14, 2024, to unitholders of record on November 8, 2024. The total cash distribution is estimated based on the number of common units outstanding as of September 30, 2024.

X
- Definition Tabular disclosure of payment of cash or stock made to limited partner of limited partnership (LP). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480008/505-10-S99-1 + Details
Name: | us-gaap_DistributionsMadeToLimitedPartnerByDistributionTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's capital units or capital shares, including the value of capital units or capital shares, units authorized, units outstanding and other information necessary to a fair presentation. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCapitalUnitsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration