v3.20.1
NET INCOME (LOSS) PER COMMON UNIT (Tables)
 3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Schedule of Net Income (Loss) Per Common Unit
The following table details the calculation of net loss per common unit:
 
Three Months Ended March 31,
 
2020
 
2019
 
(Thousands of Dollars, Except Unit and Per Unit Data)
Net loss
$
(147,641
)
 
$
(277,863
)
Distributions to preferred limited partners
(30,423
)
 
(30,423
)
Distributions to common limited partners
(43,730
)
 
(64,690
)
Distribution equivalent rights to restricted units
(506
)
 
(643
)
Distributions in excess of loss
$
(222,300
)

$
(373,619
)
 
 
 
 
Distributions to common limited partners
$
43,730

 
$
64,690

Allocation of distributions in excess of loss
(222,300
)

(373,619
)
Series D Preferred Unit accretion
(4,902
)
 
(4,302
)
Net loss attributable to common units
$
(183,472
)
 
$
(313,231
)
 
 
 
 
Basic weighted-average common units outstanding
108,897,400

 
107,531,619

 
 
 
 
Basic net loss per common unit
$
(1.68
)
 
$
(2.91
)