v3.19.3
Related Party Transactions (Tables)
9 Months Ended
Sep. 30, 2019
Related Party Transactions [Abstract]  
Schedule of 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

Schedule of distributions paid
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