NET INCOME (LOSS) PER COMMON UNIT (Tables)

3 Months Ended

Mar. 31, 2021

Earnings Per Share [Abstract]

Schedule of Net Income (Loss) Per Common Unit

The following table details the calculation of net income (loss) per common unit:


			Three Months Ended March 31,
			2021						2020
			(Thousands of Dollars, Except Unit and Per Unit Data)
Net income (loss)			$	42,257					$	(147,641)
Distributions to preferred limited partners			(31,887)						(30,423)
Distributions to common limited partners			(43,834)						(43,730)
Distribution equivalent rights to restricted units			(598)						(506)
Distributions in excess of income (loss)			$	(34,062)					$	(222,300)

Distributions to common limited partners			$	43,834					$	43,730
Allocation of distributions in excess of income (loss)			(34,062)						(222,300)
Series D Preferred Unit accretion			(4,021)						(4,902)
Net income (loss) attributable to common units			$	5,751					$	(183,472)

Basic and diluted weighted-average common units outstanding			109,506,222						108,897,400

Basic and diluted net income (loss) per common unit			$	0.05					$	(1.68)