| Schedule of changes in partnership outstanding units |
|
|
|
|
|
|
|
|
|
|
|
Limited
Partner
Units
|
|
General
Partner
Equivalent
Units
|
|
Total
|
|
Balance at December 31, 2013
|
|
27,430,563
|
|
230,303
|
|
27,660,866
|
|
Public offering of common units (see Note 17)
|
|
3,565,000
|
|
—
|
|
3,565,000
|
|
Balance at December 31, 2014
|
|
30,995,563
|
|
230,303
|
|
31,225,866
|
|
Public offering of common units (see Note 17)
|
|
3,000,000
|
|
—
|
|
3,000,000
|
|
Balance at December 31, 2015 and 2016
|
|
33,995,563
|
|
230,303
|
|
34,225,866
|
|
| Schedule of cash distributions made by the Partnership (in thousands, except per unit data) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Earned for the
|
|
Per Unit
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash Distribution
|
|
Quarter
|
|
Cash
|
|
Common
|
|
General
|
|
Incentive
|
|
Total Cash
|
|
|
Payment Date
|
|
Ended
|
|
Distribution
|
|
Units
|
|
Partner
|
|
Distribution
|
|
Distribution
|
|
|
2014
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
02/14/14 (1)(2)
|
|
12/31/13
|
|
$
|
0.6125
|
|
$
|
16,802
|
|
$
|
140
|
|
$
|
932
|
|
$
|
17,874
|
|
|
05/15/14 (1)(2)
|
|
03/31/14
|
|
|
0.6250
|
|
|
17,145
|
|
|
143
|
|
|
1,035
|
|
|
18,323
|
|
|
08/14/14 (1)(2)
|
|
06/30/14
|
|
|
0.6375
|
|
|
17,487
|
|
|
146
|
|
|
1,139
|
|
|
18,772
|
|
|
11/14/14 (1)(2)
|
|
09/30/14
|
|
|
0.6525
|
|
|
17,899
|
|
|
150
|
|
|
1,270
|
|
|
19,319
|
|
|
2015
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
02/13/15 (3)(4)
|
|
12/31/14
|
|
$
|
0.6650
|
|
$
|
20,612
|
|
$
|
154
|
|
$
|
1,591
|
|
$
|
22,357
|
|
|
05/15/15 (3)(4)
|
|
03/31/15
|
|
|
0.6800
|
|
|
21,076
|
|
|
157
|
|
|
2,027
|
|
|
23,260
|
|
|
08/14/15 (4)
|
|
06/30/15
|
|
|
0.6925
|
|
|
23,543
|
|
|
159
|
|
|
2,618
|
|
|
26,320
|
|
|
11/13/15 (4)
|
|
09/30/15
|
|
|
0.6975
|
|
|
23,713
|
|
|
160
|
|
|
2,777
|
|
|
26,650
|
|
|
2016
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2/16/2016
|
|
12/31/15
|
|
$
|
0.4625
|
|
$
|
15,723
|
|
$
|
106
|
|
$
|
—
|
|
$
|
15,829
|
|
|
5/16/2016
|
|
03/31/16
|
|
|
0.4625
|
|
|
15,723
|
|
|
106
|
|
|
—
|
|
|
15,829
|
|
|
8/12/2016
|
|
06/30/16
|
|
|
0.4625
|
|
|
15,723
|
|
|
106
|
|
|
—
|
|
|
15,829
|
|
|
11/14/2016
|
|
09/30/16
|
|
|
0.4625
|
|
|
15,723
|
|
|
106
|
|
|
—
|
|
|
15,829
|
|
|
(1)
| |
Prior to the Partnership’s public offering in December 2014 (see Note 17), the limited partner interest was 99.17% and the general partner interest was 0.83%. |
|
(2)
| |
This distribution resulted in the Partnership exceeding its second target level distribution for the respective quarter. As a result, the General Partner, as the holder of the IDRs, received an incentive distribution. |
|
(3)
| |
Prior to the Partnership’s public offering in June 2015 (see Note 17), the limited partner interest was 99.26% and the general partner interest was 0.74%. |
|
(4)
| |
This distribution resulted in the Partnership exceeding its third target level distribution for the respective quarter. As a result, the General Partner, as the holder of the IDRs, received an incentive distribution. |
|