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Partners' Capital

6 Months Ended

Jun. 30, 2016

8.	Partners' Capital

As of June 30, 2016 and December 31, 2015 the Partnership's partners' capital was comprised of the following units:


	As of June 30, 2016		As of December 31, 2015
Common units		120,409,456		120,409,456
General partner units		2,439,989		2,439,989
Preferred units		12,983,333		12,983,333
Total partnership units		135,832,778		135,832,778

For the six month period ended June 30, 2015 various investors, holders of Class B Convertible Preferred Units, (the “Class B Units” or “Preferred units”) converted 1,240,404 Class B Convertible Preferred Units into common units. During the six month period ended June 30, 2016 no such conversion occurred.

During the six month period ended June 30, 2015 CMTC converted 315,908 common units into general partner units respectively, in order for CGP to maintain its 2% interest in the Partnership. For the six month period ended June 30, 2016 CMTC did not convert any common unit into general partner unit.

Details of the Partnership's Partner's Capital are discussed in Note 12 of the Partnership's Consolidated Financial Statements.

During the six month periods ended June 30, 2016 and 2015, the Partnership declared and paid the following distributions to its common and preferred unit holders:


	April 26, 2016		January 20, 2016		April 23, 2015		January 23, 2015
Common unit-holders
Distributions per common unit declared		0.0750		0.2385		0.2345		0.2325
Common units entitled to distribution		120,409,456		120,409,456		119,559,456		104,079,960
General partner and IDR distributions	$	183	$	582	$	572	$	494
Preferred unit-holders
Distributions per preferred unit declared		0.21375		0.21975		0.21575		0.21375
Preferred units entitled to distribution		12,983,333		12,983,333		12,983,333		14,223,737