v3.25.2

Related Party Transactions | 6 Months Ended
--- | ---
Jun. 30, 2025
Related Party Transactions [Abstract] |
Related Party Transactions | (13) Related Party Transactions Activity associated with the Partnership’s related party arrangements for the three and six months ended June 30, 2025 and 2024 is summarized below:
| Three Months Ended June 30, |  | Six Months Ended June 30,
(in thousands) | 2025 |  | 2024 |  | 2025 |  | 2024
Sales to related parties: (1) |  |  |  |  |  |  |
CVR Energy subsidiary | $ | 623 |  |  | $ | 99 |  |  | $ | 1,054 |  |  | $ | 121 |
CVRP JV | 601 |  |  | 641 |  |  | 1,288 |  |  | 1,258 |
Expenses from related parties: (2) |  |  |  |  |  |  |
CVR Energy subsidiary | 2,779 |  |  | 3,477 |  |  | 5,890 |  |  | 7,396 |
CVR Services, LLC | 7,337 |  |  | 6,214 |  |  | 14,142 |  |  | 13,150 |
| June 30, 2025 |  | December 31, 2024
Due to related parties (3) | $ | 5,562 |  |  | $ | 6,213 |
(1)Sales to related parties, included in Net sales in our condensed consolidated statements of operations, consist of (a) sales of feedstocks and services under the Master Service Agreement with CRNF (the “Coffeyville MSA”) and (b) carbon oxide sales to CVRP JV and its subsidiaries. (2)Expenses from related parties, included in Cost of materials and other, Direct operating expenses (exclusive of depreciation and amortization), and Selling, general and administrative expenses in our condensed consolidated statements of operations, consist primarily of pet coke and hydrogen purchased under the Coffeyville MSA and management and other professional services under the Corporate MSA. (3)Consists primarily of amounts payable to CVR Energy subsidiaries under the Coffeyville MSA and Corporate MSA, included in Accounts payable to affiliates. Distributions to CVR Partners’ Unitholders Distributions, if any, including the payment, amount, and timing thereof, and the Board’s distribution policy, including the definition of Available Cash for Distribution, are subject to change at the discretion of the Board. The following tables present quarterly distributions paid by the Partnership to CVR Partners’ unitholders, including amounts paid to CVR Energy and IEP, during 2025 and 2024 (amounts presented in the table below may not add to totals presented due to rounding):
|  |  |  | Quarterly Distributions Per Common Unit |  | Quarterly Distributions Paid (in thousands)
Related Period |  | Date Paid |  |  | Public Unitholders |  | IEP |  | CVR Energy |  | Total
2024 - 4th Quarter |  | March 10, 2025 |  | $ | 1.75 |  |  | $ | 11,381 |  |  | $ | 305 |  |  | $ | 6,811 |  |  | $ | 18,497 |
2025 - 1st Quarter |  | May 19, 2025 |  | 2.26 |  |  | 14,477 |  |  | 615 |  |  | 8,796 |  |  | 23,888 |
Total 2025 quarterly distributions |  | $ | 4.01 |  |  | $ | 25,858 |  |  | $ | 920 |  |  | $ | 15,607 |  |  | $ | 42,385 |
2023 - 4th Quarter |  | March 11, 2024 |  | $ | 1.68 |  |  | $ | 11,218 |  |  | $ | — |  |  | $ | 6,539 |  |  | $ | 17,757 |
2024 - 1st Quarter |  | May 20, 2024 |  | 1.92 |  |  | 12,821 |  |  | — |  |  | 7,472 |  |  | 20,293 |
2024 - 2nd Quarter |  | August 19, 2024 |  | 1.90 |  |  | 12,688 |  |  | — |  |  | 7,395 |  |  | 20,082 |
2024 - 3rd Quarter |  | November 18, 2024 |  | 1.19 |  |  | 7,946 |  |  | — |  |  | 4,632 |  |  | 12,578 |
Total 2024 quarterly distributions |  | $ | 6.69 |  |  | $ | 44,673 |  |  | $ | — |  |  | $ | 26,037 |  |  | $ | 70,710 |
For the second quarter of 2025, the Partnership, upon approval by the Board on July 30, 2025, declared a distribution of $3.89 per common unit, or approximately $41.1 million, which is payable August 18, 2025 to unitholders of record as of August 11, 2025. Of this amount, CVR Energy and IEP will receive approximately $15.1 million and $1.1 million, respectively, with the remaining amount payable to public unitholders.

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://www.xbrl.org/2003/role/disclosureRef -Topic 850 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483326/850-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480990/946-20-50-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480990/946-20-50-5 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480990/946-20-50-6 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 235 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477968/946-235-50-2 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 235 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477968/946-235-50-2 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.6-07(2)(g)(3)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479134/946-220-S99-1 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.6-07(2)(c)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479134/946-220-S99-1 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.6-07(2)(e)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479134/946-220-S99-1 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 850 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/850/tableOfContent Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Topic 850 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147483326/850-10-50-6 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Topic 850 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483326/850-10-50-1 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Topic 850 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483326/850-10-50-1 + Details
Name: | us-gaap_RelatedPartyTransactionsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration