v3.25.1
Earnings Per Unit
3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Earnings Per Unit
12.
Earnings Per Unit
Basic earnings per unit is computed by dividing net income available to unitholders by the weighted-average number of units outstanding during the year. Class A, B and C units all have the same rights to share in the Company’s earnings and dividends.
The following table presents the net income and the weighted average number of units outstanding used in the earnings per unit calculations. There were no potentially dilutive instruments for the three months ended March 31, 2025 and 2024.
 
    
Three Months Ended March 31,
 
    
2025
    
2024
 
Net income
   $ 38,096      $ 12,106  
Income allocated to participating securities
     (2,190      (521
  
 
 
    
 
 
 
Net income attributable to unitholders
   $ 35,906      $ 11,585  
  
 
 
    
 
 
 
Weighted average number of units outstanding – basic and diluted
     122,900        122,900  
  
 
 
    
 
 
 
Basic and diluted earnings per unit
   $ 292.15      $ 94.27