Partners’ Capital |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Equity [Abstract] | |
| Partners’ Capital | Partners’ Capital
On August 4, 2026, the board of directors of our general partner declared a cash distribution of $0.40 per common unit for the quarter ended June 30, 2026. The distribution will be paid on August 21, 2026, to unitholders of record on August 14, 2026.
On May 4, 2026, the board of directors of our general partner declared a cash distribution of $0.36 per common unit for the quarter ended March 31, 2026. The distribution was paid on May 22, 2026, to unitholders of record on May 15, 2026. On May 15, 2025, we completed an underwritten public offering for the sale of 11,666,667 common units at a price of $15.00 per common unit resulting in proceeds of approximately $165.6 million net of underwriting discounts, commissions and other costs. On May 19, 2025, we completed the sale of an additional 1,750,000 common units at a price of $15.00 per common unit pursuant to the underwriter’s exercise in full of its option to purchase additional common units in the Offering, resulting in additional net proceeds of approximately $23.9 million, after deducting underwriting discounts, commissions and other costs. We used the net proceeds from the Offering to fund a portion of the cash consideration for the WRE Acquisition (Note 3). |