Partners' Capital
 6 Months Ended
Jan. 31, 2016
Partners' Capital
Partners' capital

As of January 31, 2016 and July 31, 2015, limited partner units were beneficially owned by the following:

 
 
January 31, 2016
 
July 31, 2015
Public common unitholders (1)
 
63,983,547

 
63,294,168

Ferrell Companies (2)
 
22,529,361

 
22,529,361

FCI Trading Corp. (3)
 
195,686

 
195,686

Ferrell Propane, Inc. (4)
 
51,204

 
51,204

James E. Ferrell (5) (7)
 
4,763,475

 
4,763,475

James H. Ballengee (6) (7)
 
6,479,392

 
9,542,895



(1)
These common units are listed on the New York Stock Exchange under the symbol “FGP.”
(2) Ferrell Companies is the owner of the general partner and is an approximate 23.0% direct owner of Ferrellgas Partners' common units and thus a related party. Ferrell Companies also beneficially owns 195,686 and 51,204 common units of Ferrellgas Partners held by FCI Trading Corp. ("FCI Trading") and Ferrell Propane, Inc. ("Ferrell Propane"), respectively, bringing Ferrell Companies' beneficial ownership to 23.2% at January 31, 2016.
(3) FCI Trading is an affiliate of the general partner and thus a related party.
(4) Ferrell Propane is controlled by the general partner and thus a related party.
(5) James E. Ferrell is the Chairman of the Board of Directors of the general partner and thus a related party. JEF Capital Management owns 4,758,859 of these common units and is wholly-owned by the James E. Ferrell Revocable Trust Two for which James E. Ferrell is the trustee and sole beneficiary. The remaining 4,616 common units are held by Ferrell Resources Holding, Inc., which is wholly-owned by the James E. Ferrell Revocable Trust One, for which James E. Ferrell is the trustee and sole beneficiary.
(6) Jamex Marketing, LLC, is the unitholder of record of these common units, with whom Bridger regularly conducts business in their normal operations.
(7) Beneficially owned limited partner units are based on the most recent Schedule 13G, Schedule 13D, or Section 16 SEC filing.


Partnership distributions paid
 
Ferrellgas Partners has paid the following distributions:
 
 
For the three months ended January 31,
 
For the six months ended January 31,
 
 
2016
 
2015
 
2016
 
2015
Public common unitholders
 
$
32,442

 
$
27,791

 
$
64,881

 
$
55,579

Ferrell Companies
 
11,546

 
11,265

 
23,092

 
22,530

FCI Trading Corp.
 
100

 
98

 
200

 
196

Ferrell Propane, Inc.
 
26

 
26

 
52

 
52

James E. Ferrell
 
2,441

 
2,179

 
4,882

 
4,358

James H. Ballengee
 
3,668

 
—

 
8,559

 
—

General partner
 
507

 
418

 
1,027

 
836

 
 
$
50,730

 
$
41,777

 
$
102,693

 
$
83,551



On February 25, 2016, Ferrellgas Partners declared a cash distribution of $0.5125 per common unit for the three months ended January 31, 2016, which is expected to be paid on March 16, 2016. Included in this cash distribution are the following amounts to be paid to related parties:
Ferrell Companies
$
11,546

FCI Trading Corp.
100

Ferrell Propane, Inc.
26

James E. Ferrell (1)
2,441

James H. Ballengee (1)
3,321

General Partner
507



(1) Beneficially owned limited partner units are based on the most recent Schedule 13G, Schedule 13D or Section 16 SEC filing.

See additional discussions about transactions with related parties in Note K – Transactions with related parties.

Accumulated other comprehensive income (loss) (“AOCI”)
 
See Note J – Derivative instruments and hedging activities – for details regarding changes in the fair value of risk management financial derivatives recorded within AOCI for the six months ended January 31, 2016 and 2015.
 
General partner’s commitment to maintain its capital account
 
Ferrellgas’ partnership agreements allow the general partner to have an option to maintain its effective 2% general partner interest concurrent with the issuance of other additional equity.

During the six months ended January 31, 2016, the general partner made non-cash contributions of $0.3 million to Ferrellgas to maintain its effective 2% general partner interest.

During the six months ended January 31, 2015, the general partner made cash contributions of $0.9 million and non-cash contributions of $0.5 million to Ferrellgas to maintain its effective 2% general partner interest.
Ferrellgas, L.P. [Member]  
Partners' Capital
Partners’ capital

Partnership distributions paid
 
Ferrellgas, L.P. has paid the following distributions:
 
 
For the three months ended January 31,
 
For the six months ended January 31,
 
 
2016
 
2015
 
2016
 
2015
Ferrellgas Partners
 
$
105,339

 
$
49,626

 
$
157,302

 
$
91,400

General partner
 
1,075

 
506

 
1,605

 
932

 
 
$
106,414

 
$
50,132

 
$
158,907

 
$
92,332



On February 25, 2016, Ferrellgas, L.P. declared distributions for the three months ended January 31, 2016 to Ferrellgas Partners and the general partner of $50.7 million and $0.5 million, respectively, which are expected to be paid on March 16, 2016.
 
See additional discussions about transactions with related parties in Note K – Transactions with related parties.

Accumulated other comprehensive income (loss) (“AOCI”)

See Note J – Derivative instruments and hedging activities – for details regarding changes in the fair value of risk management financial derivatives recorded within AOCI for the six months ended January 31, 2016 and 2015.
 
General partner’s commitment to maintain its capital account
 
Ferrellgas, L.P.’s partnership agreement allows the general partner to have an option to maintain its 1.0101% general partner interest concurrent with the issuance of other additional equity.

During the six months ended January 31, 2016, the general partner made non-cash contributions of $0.1 million to Ferrellgas, L.P. to maintain its 1.0101% general partner interest.
 
During the six months ended January 31, 2015, the general partner made cash contributions of $0.4 million and non-cash contributions of $0.2 million to Ferrellgas, L.P. to maintain its 1.0101% general partner interest.