v3.19.3

Related Party Transactions | 9 Months Ended
--- | ---
Sep. 30, 2019
Related Party Transactions [Abstract] |
Related Party Transactions | (13) Related Party Transactions Activity associated with the Partnership’s related party arrangements for the three and nine months ended September 30, 2019 and 2018 is summarized below. Sales to related parties
|  |  | Three Months Ended September 30, |  | Nine Months Ended September 30,
(in thousands) | Related Party |  | 2019 |  | 2018 |  | 2019 |  | 2018
Net Sales |  |  |  |  |  |  |  |  |
Feedstock and Shared Services Agreement | CRRM (1) |  | $ | 113 |  |  | $ | — |  |  | $ | 115 |  |  | $ | 292 |
Expenses from related parties
|  |  | Three Months Ended September 30, |  | Nine Months Ended September 30,
(in thousands) | Related Party |  | 2019 |  | 2018 |  | 2019 |  | 2018
Cost of materials and other |  |  |  |  |  |  |  |  |
Coke Supply Agreement | CRRM (1) |  | $ | 705 |  |  | $ | 1,057 |  |  | $ | 3,255 |  |  | $ | 2,133 |
Hydrogen Purchase and Sale Agreement | CRRM (1) |  | 984 |  |  | 1,072 |  |  | 3,719 |  |  | 3,157 |
Direct operating expenses (exclusive of depreciation and amortization) |  |  |  |  |  |  |  |  |
Services Agreement | CVR Energy |  | $ | 797 |  |  | $ | 761 |  |  | $ | 2,586 |  |  | $ | 2,145 |
Limited Partnership Agreement | CVR GP |  | 219 |  |  | 242 |  |  | 595 |  |  | 572 |
Selling, general and administrative expenses |  |  |  |  |  |  |  |  |
Services Agreement | CVR Energy |  | $ | 3,915 |  |  | $ | 3,595 |  |  | $ | 11,724 |  |  | $ | 10,353 |
Limited Partnership Agreement | CVR GP |  | 651 |  |  | 626 |  |  | 2,191 |  |  | 1,920 |
Amounts due to related parties
(in thousands) | Related Party |  | September 30, 2019 |  | December 31, 2018
Prepaid expenses and other current assets |  |  |  |  |
Feedstock and Shared Services Agreement | CRRM (1) |  | $ | 128 |  |  | $ | — |
Accounts payable to affiliates |  |  |  |  |
Feedstock and Shared Services Agreement | CRRM (1) |  | $ | 681 |  |  | $ | 1,106 |
Hydrogen Purchase and Sale Agreement and other | CRRM (1) |  | 348 |  |  | 324 |
Coke Supply Agreement | CRRM (1) |  | 132 |  |  | 138 |
Services Agreement | CVR GP |  | 970 |  |  | 1,372 |
Other current liabilities |  |  |  |  |
Limited Partnership Agreement | CVR GP |  | $ | 1,697 |  |  | $ | 1,179 |
Services Agreement | CVR Energy |  | 3,009 |  |  | 2,352 |
Other long-term liabilities |  |  |  |  |
Limited Partnership Agreement | CVR Energy |  | $ | 530 |  |  | $ | 503 |
(1) | Coffeyville Resources Refining & Marketing, LLC, an indirect, wholly-owned subsidiary of CVR Energy
Distributions to CVR Partners’ Unitholders The following table presents distributions paid by the Partnership to CVR Partners’ unitholders, including amounts paid to CVR Energy, as of September 30, 2019.
|  |  |  |  |  | Dividends Paid (in thousands)
Related Period |  | Date Paid |  | Dividend Per Common Unit |  | Unitholders |  | CVR Energy |  | Total
2018 - 4th Quarter |  | March 11, 2019 |  | $ | 0.12 |  |  | $ | 8,924 |  |  | $ | 4,670 |  |  | $ | 13,594 |
2019 - 1st Quarter |  | May 13, 2019 |  | 0.07 |  |  | 5,205 |  |  | 2,724 |  |  | 7,929 |
2019 - 2nd Quarter |  | August 12, 2019 |  | 0.14 |  |  | 10,411 |  |  | 5,449 |  |  | 15,860 |
Total |  |  |  | $ | 0.33 |  |  | $ | 24,540 |  |  | $ | 12,843 |  |  | $ | 37,383 |
For the third quarter of 2019, the Partnership, upon approval by the Board of Directors of CVR Partners’ general partner on October 22, 2019, declared a distribution of $0.07 per common unit, or $7.9 million, which is payable November 12, 2019 to unitholders of record as of November 4, 2019. Of this amount, CVR Energy will receive approximately $2.7 million, with the remaining amount payable to public unitholders. Distributions, if any, including the payment, amount and timing thereof, are subject to change at the discretion of the Board of Directors of CVR Partners’ general partner.

X
- References No definition available. + Details
Name: | us-gaap_RelatedPartyTransactionsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -URI http://asc.fasb.org/topic&trid=2122745 + Details
Name: | us-gaap_RelatedPartyTransactionsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration