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Partnership Income, Expenses and Distributions (Tables) | 12 Months Ended
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Dec. 31, 2023
Partnership Income Expenses And Cash Distributions [Abstract] |
Schedule of Distributions Declared per Beneficial Unit Certificates | Cash distributions per BUC declared during the years ended December 31, 2023 and 2022 were as follows:
|  | For the Years Ended December 31, |
|  | 2023 |  |  | 2022 |
Cash distributions (1) |  | $ | 1.466 |  |  | $ | 1.687 |
(1) All cash distributions per BUC amounts above have been retroactively adjusted for the 2022 BUCs Distributions and the 2023 BUCs Distributions on a retroactive basis.
Summary of Beneficial Unit Certificates Distributions Declared | The following table summarizes the BUCs Distributions declared during the years ended December 31, 2023 and 2022:
|  | BUCs Distribution |  |  | Declaration Date |  | Record Date |  | Payment Date |  | Payment Ratio (1) |
2023 BUCs Distributions |  |  |  |  |  |  |  |  |  |  |  |
Second Quarter 2023 BUCs Distribution |  | $ | 0.07 |  |  | 6/14/2023 |  | 6/30/2023 |  | 7/31/2023 |  |  | 0.00448 |
Third Quarter 2023 BUCs Distribution |  |  | 0.07 |  |  | 9/13/2023 |  | 9/29/2023 |  | 10/31/2023 |  |  | 0.00418 |
Fourth Quarter 2023 BUCs Distribution |  |  | 0.07 |  |  | 12/13/2023 |  | 12/29/2023 |  | 1/31/2024 |  |  | 0.00415 |
subtotal |  |  | 0.21 |  |  |  |  |  |  |  |  |  |
2022 BUCs Distributions |  |  |  |  |  |  |  |  |  |  |  |
Third Quarter 2022 BUCs Distribution |  | $ | 0.20 |  |  | 9/14/2022 |  | 9/30/2022 |  | 10/31/2022 |  |  | 0.01044 |
Fourth Quarter 2022 BUCs Distribution |  |  | 0.20 |  |  | 12/19/2022 |  | 12/30/2022 |  | 1/31/2023 |  |  | 0.01050 |
subtotal |  |  | 0.40 |  |  |  |  |  |  |  |  |  |
Total |  | $ | 0.61 |  |  |  |  |  |  |  |  |  |
(1) The ratio represents the number of BUCs distributed for each BUC outstanding as of the respective record dates. The ratio was determined based on the closing BUC price on the NYSE on the day prior to the respective declaration dates.

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- Definition Tabular disclosure of payment of cash or unit made to member of a limited liability company (LLC). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480008/505-10-S99-1 + Details
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- Definition Tabular disclosure of incentive payments in cash or stock or units paid during the accounting period to managing members or general partners of a limited liability corporation or limited partnership, as governed by the operating or partnership agreement. Disclosure may include identification of recipient, payments made, minimum distribution level, date payments are received, distributions per unit and per year, subsequent distribution amount and date. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 72 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482689/260-10-45-72 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 73 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482689/260-10-45-73 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 103 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482635/260-10-55-103 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480008/505-10-S99-1 + Details
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