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Net Income per Unit (Tables)
 12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Net Income Per Unit
The calculation of net income per unit is as follows (in thousands, except unit and per unit amounts):
Year Ended December 31,
202420232022
Net income$142,685 $126,236 $159,052 
Less:
Limited partners' distribution declared on common units204,407 179,774 170,877 
Distributions declared on preferred units768 — — 
Undistributed net loss$(62,490)$(53,538)$(11,825)
Limited partners' earnings on common units:
Distributions$204,407 $179,774 $170,877 
Allocation of undistributed net loss(62,490)(53,538)(11,825)
Total limited partners' earnings on common units$141,917 $126,236 $159,052 
Weighted average limited partner units outstanding, basic47,452,138 43,583,938 43,487,910 
Dilutive effect of unvested phantom units27,110 27,376 23,740 
Weighted average limited partner units outstanding, diluted47,479,248 43,611,314 43,511,650 
Net income per limited partner unit:
Basic$2.99 $2.90 $3.66 
Diluted (1)
$2.99 $2.89 $3.66 
(1) There were 18,945, 41,790 and 7,511 anti-dilutive common unit equivalents excluded from the diluted earnings per unit calculation during the years ended December 31, 2024, 2023 and 2022, respectively.