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NET (LOSS) INCOME PER COMMON UNIT | 12 Months Ended
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Dec. 31, 2019
Earnings Per Share [Abstract] |
NET (LOSS) INCOME PER UNIT | NET (LOSS) INCOME PER COMMON UNIT As discussed in Note 19, the Series D Preferred Units are convertible into common units at the option of the holder at any time on or after June 29, 2028. As such, we calculated the dilutive effect of the Series D Preferred Units using the if-converted method. The effect of the assumed conversion of the Series D Preferred Units outstanding was antidilutive for each of the years ended December 31, 2019 and 2018; therefore, we did not include such conversion in the computation of diluted net (loss) income per common unit. Contingently issuable performance units are included as dilutive potential common units if it is probable that the performance measures will be achieved. Refer to Note 24 for additional discussion. The following table details the calculation of net (loss) income per common unit:
| Year Ended December 31,
| 2019 |  | 2018 |  | 2017
| (Thousands of Dollars, Except Unit and Per Unit Data)
Net (loss) income | $ | (105,693 | ) |  | $ | 205,794 |  |  | $ | 147,964 |
Distributions to preferred limited partners | (121,693 | ) |  | (92,540 | ) |  | (40,448 | )
Distributions to general partner (including incentive distribution rights) | — |  |  | (1,141 | ) |  | (54,921 | )
Distributions to common limited partners | (259,136 | ) |  | (248,705 | ) |  | (407,681 | )
Distribution equivalent rights to restricted units | (2,659 | ) |  | (2,045 | ) |  | (2,965 | )
Distributions in excess of (loss) income | $ | (489,181 | ) |  | $ | (138,637 | ) |  | $ | (358,051 | )
Distributions to common limited partners | $ | 259,136 |  |  | $ | 248,705 |  |  | $ | 407,681 |
Allocation of distributions in excess of (loss) income | (489,181 | ) |  | (138,659 | ) |  | (350,890 | )
Series D Preferred Unit accretion (refer to Note 19) | (18,085 | ) |  | (8,195 | ) |  | — |
Loss to common unitholders attributable to the Merger (refer to Note 4) | — |  |  | (377,079 | ) |  | — |
Net (loss) income attributable to common units | $ | (248,130 | ) |  | $ | (275,228 | ) |  | $ | 56,791 |
Basic weighted-average common units outstanding | 107,789,030 |  |  | 99,490,495 |  |  | 88,825,964 |
Diluted common units outstanding: |  |  |  |  |
Basic weighted-average common units outstanding | 107,789,030 |  |  | 99,490,495 |  |  | 88,825,964 |
Effect of dilutive potential common units | 65,669 |  |  | 40,677 |  |  | — |
Diluted weighted-average common units outstanding | 107,854,699 |  |  | 99,531,172 |  |  | 88,825,964 |
Basic and diluted net (loss) income per common unit | $ | (2.30 | ) |  | $ | (2.77 | ) |  | $ | 0.64 |

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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