XML 63 R46.htm IDEA: XBRL DOCUMENT
v3.22.4

Net Income per Limited Partnership Unit (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
Earnings Per Share [Abstract] |
Reconciliation of Net Income and Weighted-Average Units Used in Computing Basic and Diluted Net Income Per Limited Partner Unit | The following table provides a reconciliation of net income and weighted-average units used in computing basic and diluted net income per limited partner unit for the following periods (in thousands, except unit and per unit amounts):
|  | Years Ended December 31, |
|  | 2022 |  |  | 2021 |  |  | 2020 |
Numerator: |  |  |  |  |  |  |  |  |
Distributions paid |  | $ | 79,625 |  |  | $ | 79,552 |  |  | $ | 77,751 |
Allocation of distributions in excess of net income |  |  | (17,655 | ) |  |  | (57,898 | ) |  |  | 29,572 |
Limited partners’ interest in net income - basic and diluted |  | $ | 61,970 |  |  | $ | 21,654 |  |  | $ | 107,323 |
Denominator: |  |  |  |  |  |  |  |  |
Weighted average common units outstanding - basic |  |  | 37,916,829 |  |  |  | 37,880,910 |  |  |  | 37,369,487 |
Adjustment for phantom units and performance awards(a) |  |  | 142,945 |  |  |  | 3,214 |  |  |  | — |
Weighted average common units outstanding - diluted |  |  | 38,059,774 |  |  |  | 37,884,124 |  |  |  | 37,369,487 |
Net income per common unit - basic and diluted |  | $ | 1.63 |  |  | $ | 0.57 |  |  | $ | 2.87 |
Distributions paid per common unit |  | $ | 2.1000 |  |  | $ | 2.1000 |  |  | $ | 2.1000 |
Distributions declared (with respect to each respective period) per common unit |  | $ | 2.1000 |  |  | $ | 2.1000 |  |  | $ | 2.1000 |
(a) For 2022, 835,551 potentially dilutive units related to the preferred membership interests were excluded from the calculation of diluted earnings per unit because including them would have been antidilutive. For 2020, 13,364 potentially dilutive units were excluded from the calculation of diluted earnings per common unit because including them would have been antidilutive.
Quarterly Distributions Made to Limited Partner, by Distribution | Quarterly distribution activity to common unitholders for 2022 was as follows:
Quarter Ended |  | Record Date |  | Payment Date |  | Cash Distribution (per unit) |  |  | Cash Distribution (in thousands) |
December 31, 2021 |  | February 3, 2022 |  | February 10, 2022 |  |  | 0.5250 |  |  |  | 19,896 |
March 31, 2022 |  | May 3, 2022 |  | May 11, 2022 |  |  | 0.5250 |  |  |  | 19,904 |
June 30, 2022 |  | August 3, 2022 |  | August 10, 2022 |  |  | 0.5250 |  |  |  | 19,913 |
September 30, 2022 |  | November 3, 2022 |  | November 10, 2022 |  |  | 0.5250 |  |  |  | 19,912 |
December 31, 2022 |  | February 3, 2023 |  | February 10, 2023 |  |  | 0.5250 |  |  |  | 19,917 |

X
- Definition Tabular disclosure of information related to dividends declared, including paid and unpaid dividends. + References No definition available. + Details
Name: | us-gaap_DividendsDeclaredTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration