v3.19.3

Partners' Capital and Distributions | 9 Months Ended
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Sep. 30, 2019
Partners' Capital Notes [Abstract] |
Partners' Capital and Distributions | Partners’ Capital and Distributions Partners’ Capital In May 2017, we filed a prospectus supplement to the shelf registration statement for our continuous equity offering program (which we refer to as an at-the-market program, or “ATM”) pursuant to which we may issue up to $750.0 million of common units in amounts, at prices and on terms to be determined by market conditions at the time. The net proceeds from any sales under the ATM, after deducting the sales agents’ commissions and our offering expenses, will be used for general partnership purposes, including repayment of indebtedness or capital expenditures. No units have been issued pursuant to this program. The following table details the changes in the number of our limited partner units outstanding from December 31, 2018 through September 30, 2019:
Limited partner units outstanding on December 31, 2018 |  | 228,195,160 |
February 2019–Settlement of employee LTIP awards |  | 199,792 |
During 2019–Other(a) |  | 8,476 |
Limited partner units outstanding on September 30, 2019 |  | 228,403,428 |
(a) Limited partner units issued to settle the equity-based retainers paid to four independent directors of our general partner. Distributions Distributions we paid during 2018 and 2019 were as follows (in thousands, except per unit amounts):
Payment Date |  | Per Unit Cash Distribution Amount |  | Total Cash Distribution to Limited Partners
02/14/2018 |  |  | $ | 0.9200 |  |  |  |  | $ | 209,940 |  |
05/15/2018 |  |  | 0.9375 |  |  |  |  | 213,933 |  |
08/14/2018 |  |  | 0.9575 |  |  |  |  | 218,497 |  |
Through 09/30/2018 |  |  | 2.8150 |  |  |  |  | 642,370 |  |
11/14/2018 |  |  | 0.9775 |  |  |  |  | 223,061 |  |
Total |  |  | $ | 3.7925 |  |  |  |  | $ | 865,431 |  |
02/14/2019 |  |  | $ | 0.9975 |  |  |  |  | $ | 227,832 |  |
05/15/2019 |  |  | 1.0050 |  |  |  |  | 229,545 |  |
08/14/2019 |  |  | 1.0125 |  |  |  |  | 231,258 |  |
Through 09/30/2019 |  |  | 3.0150 |  |  |  |  | 688,635 |  |
11/14/2019(a) |  |  | 1.0200 |  |  |  |  | 232,971 |  |
Total |  |  | $ | 4.0350 |  |  |  |  | $ | 921,606 |  |
(a) Our general partner’s board of directors declared this cash distribution in October 2019 to be paid on November 14, 2019 to unitholders of record at the close of business on November 7, 2019.

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- Definition The entire disclosure for the formation, structure, control and ownership of the partnership. Disclosures related to accounts comprising partners' capital. Includes balances of general partners' capital account, limited partners' capital account, preferred partners' capital account and total partners' capital account and units outstanding; accumulated other comprehensive income; amount and nature of changes to amount of partner's capital and units outstanding by class, rights and privileges for each class of units; distribution policies and distributions paid by unit class; impact of and correction of an error in previously issued financial statements; limitations of partners' liability; redemption, conversion and distribution policies; and deferred compensation related to the issuance of units. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 + Details
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