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Net Income Per Common Unit - Reconciliation of Net Income and Weighted-Average Units Used in Computing Basic and Diluted Net Income Per Common Unit (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2024
Mar. 31, 2024
Jun. 30, 2025
Jun. 30, 2024
Numerator:            
Distributions paid on common units $ 20,001   $ 19,964   $ 39,982 $ 39,905
Allocation of distributions in excess of net income 4,487   (8,212)   (23,274) (46,350)
Limited partners' interest in net income (loss) - basic 24,488   11,752   16,708 (6,445)
Accretion of preferred membership interests 680 [1] $ 665 672 $ 657 1,345 1,329
Limited partners' interest in net income (loss) - diluted $ 25,168   $ 11,752   $ 16,708 $ (6,445)
Denominator:            
Weighted-average common units outstanding - basic 38,097,513   38,027,194   38,085,815 38,010,739
Adjustment for phantom and phantom performance units [2] 174,674   172,296   175,093 0
Adjustment for preferred membership interests [1] 1,273,291   0   0 0
Weighted-average common units outstanding - diluted 39,545,478   38,199,490   38,260,908 38,010,739
Net income (loss) per common unit - basic $ 0.64   $ 0.31   $ 0.44 $ (0.17)
Net income (loss) per common unit - diluted 0.64   0.31   0.44 (0.17)
Distributions paid per common unit 0.525   0.525   1.05 1.05
Distributions declared (with respect to each respective period) per common unit $ 0.525   $ 0.525   $ 1.05 $ 1.05
[1] For the three months ended June 30, 2025, dilutive units related to the preferred membership interests were included in the denominator of the calculation of diluted earnings per unit. Similarly, the accretion of the preferred membership interests was added back in the numerator of the calculation as if the preferred membership interests had been converted to common units at the beginning of the period, in which case no accretion would have been recorded.

 

For the six months ended June 30, 2025, 1,273,291 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 the three and six months ended June 30, 2024, 1,258,247 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.

[2] For the six months ended June 30, 2024, 173,663 potentially dilutive units related to the phantom units and performance units were excluded from the calculation of diluted units because including them would have been antidilutive.