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Note 5 - Net Income Per Common Unit (Tables)
3 Months Ended
Mar. 31, 2025
Notes Tables  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
  

For the Three Months Ended March 31,

 

(In thousands, except per unit data)

 

2025

  

2024

 

Basic net income per common unit

        

Net income attributable to common unitholders

 $39,448  $52,982 

Weighted average common units—basic

  13,098   12,832 

Basic net income per common unit

 $3.01  $4.13 
         

Diluted net income per common unit

        

Weighted average common units—basic

  13,098   12,832 

Plus: dilutive effect of preferred units

     775 

Plus: dilutive effect of warrants

     521 

Plus: dilutive effect of unvested unit-based awards

  206   265 

Weighted average common units—diluted

  13,304   14,393 
         

Net income

 $40,253  $56,213 

Less: income attributable to preferred unitholders

      

Less: redemption of preferred units

      

Diluted net income attributable to common unitholders and the general partner

 $40,253  $56,213 

Less: diluted net income attributable to the general partner

  (805)  (1,124)

Diluted net income attributable to common unitholders

 $39,448  $55,089 
         

Diluted net income per common unit

 $2.97  $3.83