Partners' Capital

12 Months Ended

Dec. 31, 2020

Note 20. PARTNERS’ CAPITAL

We issued common units (net of units withheld for income taxes) as a result of the vesting of phantom units previously issued primarily to Topper Group and Circle K employees who provide services principally to CrossAmerica totaling 2,041 common units in 2020, 50,328 common units in 2019 and 40,534 common units in 2018. See Note 21 for additional information.

Distributions

Quarterly distribution activity to common unitholders for 2020 was as follows:

Quarter Ended

Record Date

Payment Date

Cash

Distribution

(per unit)

Cash

Distribution

(in thousands)

December 31, 2019

February 3, 2020

February 10, 2020

0.5250

18,111

March 31, 2020

May 5, 2020

May 12, 2020

0.5250

19,881

June 30, 2020

August 4, 2020

August 11, 2020

0.5250

19,887

September 30, 2020

November 3, 2020

November 10, 2020

0.5250

19,912

December 31, 2020

February 2, 2021

February 9, 2021

0.5250

19,912

The amount of any distribution is subject to the discretion of the Board, which may modify or revoke our cash distribution policy at any time. Our Partnership Agreement does not require us to pay any distributions. As such, there can be no assurance we will continue to pay distributions in the future.