v3.26.1
CONSOLIDATED STATEMENTS OF CHANGES IN UNITHOLDERS' EQUITY - USD ($)
$ in Thousands
Common Units
Class B Common Units
Non-controlling Interest in OpCo
Total
Unitholders' capital, beginning balance at Dec. 31, 2024 $ 463,496 $ 726 $ 83,271 $ 547,493
Unitholders' capital, beginning balance (in units) at Dec. 31, 2024 80,970,000 14,524,000    
Increase (Decrease) in Unitholders' Capital        
Common units issued for equity offering $ 163,575     163,575
Common units issued for equity offering (in units) 11,500,000      
Conversion of Class B units to common units $ 187 $ (2) (187) (2)
Conversion of Class B units to common units (in units) 32,000 (32,000)    
Unit-based compensation $ 3,861     3,861
Unit-based compensation (in units) 1,213,000      
Restricted units repurchased for tax withholding $ (5,081)     (5,081)
Restricted units repurchased for tax withholding (in units) (315,000)      
Forfeiture of restricted units $ (57)     (57)
Forfeiture of restricted units (in units) (4,000)      
Distributions to unitholders $ (37,359)   (5,796) (43,155)
Distribution and accretion on Series A preferred units (4,504)   (699) (5,203)
Distribution to Class B unitholders (14)     (14)
Change in ownership of consolidated subsidiaries, net (12,253)   12,253  
Net income 22,380   3,473 25,853
Unitholders' capital, ending balance at Mar. 31, 2025 $ 594,231 $ 724 92,315 687,270
Unitholders' capital, ending balance (in units) at Mar. 31, 2025 93,396,000 14,492,000    
Unitholders' capital, beginning balance at Dec. 31, 2024 $ 463,496 $ 726 83,271 547,493
Unitholders' capital, beginning balance (in units) at Dec. 31, 2024 80,970,000 14,524,000    
Increase (Decrease) in Unitholders' Capital        
Change in ownership of consolidated subsidiaries, net       12,805
Net income       52,525
Unitholders' capital, ending balance at Jun. 30, 2025 $ 555,914 $ 724 86,370 643,008
Unitholders' capital, ending balance (in units) at Jun. 30, 2025 93,396,000 14,492,000    
Unitholders' capital, beginning balance at Mar. 31, 2025 $ 594,231 $ 724 92,315 687,270
Unitholders' capital, beginning balance (in units) at Mar. 31, 2025 93,396,000 14,492,000    
Increase (Decrease) in Unitholders' Capital        
Unit-based compensation $ 4,124     4,124
Distributions to unitholders (43,896)   (6,811) (50,707)
Distribution and accretion on Series A preferred units (21,068)   (3,269) (24,337)
Distribution to Class B unitholders (14)     (14)
Change in ownership of consolidated subsidiaries, net (552)   552 552
Net income 23,089   3,583 26,672
Unitholders' capital, ending balance at Jun. 30, 2025 $ 555,914 $ 724 86,370 643,008
Unitholders' capital, ending balance (in units) at Jun. 30, 2025 93,396,000 14,492,000    
Unitholders' capital, beginning balance at Dec. 31, 2025 $ 531,121 $ 724 82,522 $ 614,367
Unitholders' capital, beginning balance (in units) at Dec. 31, 2025 93,396 14,492   93,396,488
Increase (Decrease) in Unitholders' Capital        
Conversion of Class B units to common units $ 30,575 $ (268) (30,575) $ (268)
Conversion of Class B units to common units (in units) 5,369 (5,369)    
Unit-based compensation $ 4,081     4,081
Unit-based compensation (in units) 1,217      
Restricted units repurchased for tax withholding $ (5,185)     (5,185)
Restricted units repurchased for tax withholding (in units) (330)      
Common units repurchased under buyback program $ (7,310)     (7,310)
Common units repurchased under buyback program (in shares) (500)      
Distributions to unitholders $ (36,871)   (3,261) (40,132)
Distribution and accretion on Series A preferred units (2,380)   (219) (2,599)
Distribution to Class B unitholders (9)     (9)
Change in ownership of consolidated subsidiaries, net 1,038   (1,038)  
Net income 6,357   585 6,942
Unitholders' capital, ending balance at Mar. 31, 2026 $ 521,417 $ 456 48,014 569,887
Unitholders' capital, ending balance (in units) at Mar. 31, 2026 99,152 9,123    
Unitholders' capital, beginning balance at Dec. 31, 2025 $ 531,121 $ 724 82,522 $ 614,367
Unitholders' capital, beginning balance (in units) at Dec. 31, 2025 93,396 14,492   93,396,488
Increase (Decrease) in Unitholders' Capital        
Change in ownership of consolidated subsidiaries, net       $ (59,725)
Net income       54,241
Unitholders' capital, ending balance at Jun. 30, 2026 $ 575,049 $ 802 93,694 $ 669,545
Unitholders' capital, ending balance (in units) at Jun. 30, 2026 98,652 16,052   98,652,268
Unitholders' capital, beginning balance at Mar. 31, 2026 $ 521,417 $ 456 48,014 $ 569,887
Unitholders' capital, beginning balance (in units) at Mar. 31, 2026 99,152 9,123    
Increase (Decrease) in Unitholders' Capital        
Class B units issued for acquisition   $ 346 101,856 102,202
Class B units issued for acquisition (in units)   6,929    
Unit-based compensation $ 4,342     4,342
Common units repurchased under buyback program $ (7,360)     (7,360)
Common units repurchased under buyback program (in shares) (500)      
Distributions to unitholders $ (40,448)   (3,740) (44,188)
Distribution and accretion on Series A preferred units (2,260)   (368) (2,628)
Distribution to Class B unitholders (9)     (9)
Change in ownership of consolidated subsidiaries, net 58,687   (58,687) (58,687)
Net income 40,680   6,619 47,299
Unitholders' capital, ending balance at Jun. 30, 2026 $ 575,049 $ 802 $ 93,694 $ 669,545
Unitholders' capital, ending balance (in units) at Jun. 30, 2026 98,652 16,052   98,652,268