v3.26.1
Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2026
Fair Value Disclosures [Abstract]  
Summary Of Carrying And Fair Values Of Long-Term Debt The carrying and fair values of the Partnership's long-term debt at June 30, 2026 and December 31, 2025 are summarized in the table below. The fair value of long-term debt is determined based on the present value of expected future cash flows using a discounted cash flow methodology. Because the Partnership's valuation methodology used for long-term debt requires the use of significant unobservable inputs, the inputs used to measure the fair value of the Partnership's long-term debt are classified as Level 3 within the fair value hierarchy. Inputs used to estimate the fair values of the Partnership's long-term debt include the selection of an appropriate discount rate.
June 30, 2026December 31, 2025
Carrying
Value
Fair
Value
Carrying
Value
Fair
Value
Long-term debt payable to Westlake$399,674 $408,177 $399,674 $408,780