| Cash Distributions and Earnings per Unit - Distributions Paid for all quarters |
The authorized quarterly cash distributions paid during the years ended December 31, 2025, 2024 and 2023, as well as the quarterly cash distributions paid with respect to the quarter ended December 31, 2025 are presented below:
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Date |
Authorized
Quarterly Cash
Distribution for the
three months ended |
Date of record
of Common and
General Partnership
unit Unitholders |
Payment of
Distribution |
|
$/ Unit |
|
|
Amount of
the declared
distribution |
|
January 2023 |
December 31, 2022 |
February 10, 2023 |
February 14, 2023 |
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$ |
0.05 |
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$ |
1,540 |
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April 2023 |
March 31, 2023 |
May 9, 2023 |
May 12, 2023 |
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$ |
0.05 |
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$ |
1,540 |
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July 2023 |
June 30, 2023 |
August 8, 2023 |
August 11, 2023 |
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$ |
0.05 |
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$ |
1,540 |
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October 2023 |
September 30, 2023 |
November 7, 2023 |
November 13, 2023 |
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$ |
0.05 |
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$ |
1,540 |
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February 2024 |
December 31, 2023 |
February 12, 2024 |
February 14, 2024 |
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$ |
0.05 |
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$ |
1,540 |
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April 2024 |
March 31, 2024 |
May 10, 2024 |
May 14, 2024 |
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$ |
0.05 |
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$ |
1,540 |
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July 2024 |
June 30, 2024 |
August 9, 2024 |
August 14, 2024 |
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$ |
0.05 |
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$ |
1,531 |
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October 2024 |
September 30, 2024 |
November 12, 2024 |
November 15, 2024 |
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$ |
0.05 |
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$ |
1,521 |
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January 2025 |
December 31, 2024 |
February 10, 2025 |
February 13, 2025 |
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$ |
0.05 |
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$ |
1,511 |
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April 2025 |
March 31, 2025 |
May 9, 2025 |
May 14, 2025 |
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$ |
0.05 |
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$ |
1,493 |
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July 2025 |
June 30, 2025 |
August 11, 2025 |
August 14, 2025 |
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$ |
0.05 |
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$ |
1,481 |
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October 2025 |
September 30, 2025 |
November 10, 2025 |
November 14, 2025 |
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$ |
0.05 |
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$ |
1,470 |
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January 2026 |
December 31, 2025 |
February 9, 2026 |
February 12, 2026 |
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$ |
0.05 |
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$ |
1,461 |
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| Cash Distributions and Earnings per Unit - Schedule of Earnings per Unit, Basic and Diluted |
The calculations of the basic and diluted earnings per unit are presented below.
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Year Ended December 31, 2025 |
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Year Ended December 31, 2024 |
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Year Ended December 31, 2023 |
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Net income |
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$ |
285,334 |
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$ |
367,308 |
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$ |
433,645 |
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Income attributable to: |
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Common unitholders |
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$ |
279,342 |
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$ |
359,867 |
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$ |
424,974 |
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Weighted average units outstanding basic |
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Common unitholders |
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29,132,075 |
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30,029,279 |
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30,183,428 |
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Earnings per unit basic: |
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Common unitholders |
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$ |
9.59 |
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$ |
11.98 |
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$ |
14.08 |
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Weighted average units outstanding diluted |
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Common unitholders |
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29,132,075 |
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30,029,279 |
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30,184,388 |
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Earnings per unit diluted: |
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Common unitholders |
|
$ |
9.59 |
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$ |
11.98 |
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$ |
14.08 |
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Earnings per unit distributed basic: |
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Common unitholders |
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$ |
0.20 |
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$ |
0.20 |
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$ |
0.20 |
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Earnings per unit distributed diluted: |
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Common unitholders |
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$ |
0.20 |
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$ |
0.20 |
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$ |
0.20 |
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Earnings per unit undistributed basic: |
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Common unitholders |
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$ |
9.39 |
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$ |
11.78 |
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$ |
13.88 |
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Earnings per unit undistributed diluted: |
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Common unitholders |
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$ |
9.39 |
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$ |
11.78 |
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$ |
13.88 |
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