Partners' Equity (Tables)

9 Months Ended

Sep. 30, 2022

Changes in partners’ equity are as follows (in thousands):


	Limited Partners				General Partner		Total
	Common Units- Public		Common Units- Green Plains
Balance, December 31, 2021	$	135,666	$	(133,420)	$	57	$	2,303
Quarterly cash distributions to unitholders ($0.44 per unit)	(5,122)		(5,098)		(209)		(10,429)
Net income	5,083		5,060		207		10,350
Unit-based compensation, including general partner net contributions	59		—		—		59
Balance, March 31, 2022	$	135,686	$	(133,458)	$	55	$	2,283
Quarterly cash distributions to unitholders ($0.445 per unit)	(5,180)		(5,156)		(211)		(10,547)
Net income	5,167		5,142		210		10,519
Unit-based compensation, including general partner net contributions	60		—		—		60
Balance, June 30, 2022	$	135,733	$	(133,472)	$	54	$	2,315
Quarterly cash distributions to unitholders ($0.45 per unit)	(5,247)		(5,214)		(213)		(10,674)
Net income	4,997		4,965		204		10,166
Unit-based compensation, including general partner net contributions	61		—		—		61
Balance, September 30, 2022	$	135,544	$	(133,721)	$	45	$	1,868


	Limited Partners				General Partner		Total
	Common Units- Public		Common Units- Green Plains
Balance, December 31, 2020	$	124,823	$	(170,368)	$	(917)	$	(46,462)
Quarterly cash distributions to unitholders ($0.12 per unit)	(1,395)		(1,390)		(57)		(2,842)
Net income	5,264		5,248		215		10,727
Ord disposition	—		26,419		539		26,958
Unit-based compensation, including general partner net contributions	79		—		—		79
Balance, March 31, 2021	$	128,771	$	(140,091)	$	(220)	$	(11,540)
Quarterly cash distributions to unitholders ($0.12 per unit)	(1,395)		(1,390)		(57)		(2,842)
Net income	5,054		5,038		206		10,298
Unit-based compensation, including general partner net contributions	80		—		—		80
Balance, June 30, 2021	$	132,510	$	(136,443)	$	(71)	$	(4,004)
Quarterly cash distributions to unitholders ($0.12 per unit)	(1,397)		(1,390)		(57)		(2,844)
Net income	4,630		4,607		188		9,425
Unit-based compensation, including general partner net contributions	60		—		5		65
Balance, September 30, 2021	$	135,803	$	(133,226)	$	65	$	2,642

A roll forward of the number of common limited partner units outstanding is as follows:


	Common Units- Public	Common Units- Green Plains	Total
Units, December 31, 2021	11,641,105	11,586,548	23,227,653
Units issued under the LTIP	19,707	—	19,707
Units surrendered for tax purposes	(538)	—	(538)
Units, September 30, 2022	11,660,274	11,586,548	23,246,822

The total cash distributions declared for the three and nine months ended September 30, 2022 and 2021, are as follows (in thousands):


	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
General partner distributions	$	216	$	206	$	640	$	320

Limited partner common units - public	5,305		5,064		15,733		7,856
Limited partner common units - Green Plains	5,272		5,040		15,642		7,820
Total distributions to limited partners	10,577		10,104		31,375		15,676
Total distributions declared	$	10,793	$	10,310	$	32,015	$	15,996