v3.19.3.a.u2
NET (LOSS) INCOME PER COMMON UNIT (Tables)
12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Schedule of Net (Loss) Income Per Unit [Text Block]
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