Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Current assets
Cash and cash equivalents	$ 44,269	$ 58,316
Receivable under the Investment Management Agreement—Westlake Corporation ("Westlake")	23,378	134,557
Accounts receivable, net—third parties	9,113	11,576
Inventories	2,769	4,058
Prepaid expenses and other current assets	406	444
Total current assets	143,506	240,926
Property, plant and equipment, net	886,012	903,588
Goodwill	5,814	5,814
Deferred charges and other assets, net	221,201	137,628
Total assets	1,256,533	1,287,956
Current liabilities
Accrued and other liabilities	22,199	16,920
Total current liabilities	51,301	55,372
Deferred income taxes	1,546	1,546
Other liabilities	1,660	2,050
Total liabilities	454,181	458,642
Commitments and contingencies (Note 16)
EQUITY
Total Westlake Chemical Partners LP partners' capital	258,536	276,129
Noncontrolling interest in Westlake Chemical OpCo LP ("OpCo")	543,816	553,185
Total equity	802,352	829,314
Total liabilities and equity	1,256,533	1,287,956
Affiliated Entity
Current assets
Accounts receivable, net—Westlake	63,571	31,975
Current liabilities
Accounts payable—third parties	19,132	20,744
Nonrelated Party
Current assets
Accounts receivable, net—third parties	9,113	11,576
Current liabilities
Accounts payable—third parties	9,970	17,708
Westlake
EQUITY
General partner—Westlake	(242,572)	(242,572)
Westlake \| Affiliated Entity
Current liabilities
Long-term debt payable to Westlake	399,674	399,674
Common units \| Publicly and Privately Held
EQUITY
Limited partners' capital	460,848	471,328
Common units \| Westlake
EQUITY
Limited partners' capital	$ 40,260	$ 47,373

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(19)(a))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1

Reference 2: http://www.xbrl.org/2003/role/exampleRef
-Topic 852
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 10
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481372/852-10-55-10