Omnibus Incentive Compensation Plan

6 Months Ended

Jun. 30, 2017

Omnibus Incentive Compensation Plan [Abstract]

9. Omnibus Incentive Compensation Plan

As of June 30, 2017 the unvested units accrued $423 of distributions.

The following table contains details of our plan:


	Employee equity compensation				Non-Employee equity compensation
Unvested Units	Units		Grant-date fair value		Units		Award-date fair value
Unvested on January 1, 2017		206,668	$	1,141		492,500	$	2,993
Vested		20,000		110		—		—

Unvested on June 30, 2017		186,668	$	1,031		492,500	$	2,993

For the six-month periods ended June 30, 2017 and 2016 the equity compensation expense that has been charged in the unaudited condensed consolidated statements of comprehensive income was $217 and $219 for the Employee awards and $361 and $306 for the Non-Employee awards, respectively. This expense has been included in general and administrative expenses in the unaudited condensed consolidated statements of comprehensive income.

As of June 30, 2017 the total unrecognized compensation cost related to non vested awards is $1,712 and is expected to be recognized over a weighted average period of 1.5 years. The Partnership uses the straight-line method to recognize the cost of the awards.