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Net Income per Unit
 12 Months Ended
Dec. 31, 2025
Earnings Per Share [Abstract]  
Net Income per Unit Net Income per Unit
Our distributions earned with respect to a given period are declared subsequent to quarter end. Accordingly, the table below represents total cash distributions applicable to the period in which the distributions are earned.
The calculation of net income per unit is as follows (in thousands, except unit and per unit amounts):
Year Ended December 31,
2025
2024
2023
Net income
$
176,460 
$
142,685 
$
126,236 
Less: Limited partners' distribution on common units
238,132 
204,407 
179,774 
Distributions on preferred units
— 
768 
— 
Undistributed net loss
$
(61,672)
$
(62,490)
$
(53,538)
Limited partners' earnings on common units:
Distributions
$
238,132 
$
204,407 
$
179,774 
Allocation of undistributed net loss
(61,672)
(62,490)
(53,538)
Total limited partners' earnings on common units
$
176,460 
$
141,917 
$
126,236 
Weighted average limited partner units outstanding, basic
53,501,020 
47,452,138 
43,583,938 
Dilutive effect of unvested phantom units
51,186 
27,110 
27,376 
Weighted average limited partner units outstanding, diluted
53,552,206 
47,479,248 
43,611,314 
Net income per limited partner unit:
Basic
$
3.30 
$
2.99 
$
2.90 
Diluted (1)
$
3.30 
$
2.99 
$
2.89 
1) There were 5,114, 18,945 and 41,790 anti-dilutive common unit equivalents excluded from the diluted earnings per unit calculation during the years ended December 31, 2025, 2024 and 2023, respectively.