v3.26.1
Partners' Equity and Cash Distributions (Tables)
6 Months Ended
Jun. 30, 2026
Schedule of quarterly cash distributions to the unitholders and the General Partner based on target levels

Marginal Percentage

 

Total Quarterly Distribution

Interest in Distributions

 

  ​ ​ ​

Target Amount

  ​ ​ ​

Unitholders

  ​ ​ ​

General Partner

  ​

First Target Distribution

up to $0.4625

 

99.33

%  

0.67

%

Second Target Distribution

 

above $0.4625 up to $0.5375

 

86.33

%  

13.67

%

Third Target Distribution

 

above $0.5375 up to $0.6625

 

76.33

%  

23.67

%

Thereafter

 

above $0.6625

 

51.33

%  

48.67

%

Common Limited Partners  
Schedule of cash distributions made by the Partnership

The Partnership paid the following cash distributions to common unitholders during 2026 (in thousands, except per unit data):

For the

  ​ ​ ​

Per Unit

  ​ ​ ​

  ​ ​ ​

  ​ ​ ​

  ​ ​ ​

 

Cash Distribution

Quarter

Cash

Common

General

Incentive

Total Cash

 

Payment Date

  ​ ​ ​

Ended

Distribution

Units

Partner

Distribution

Distribution

 

2/13/2026 (1)

12/31/25

$

0.7600

$

25,836

$

207

$

4,765

$

30,808

5/15/2026 (1)

03/31/26

 

0.7650

 

26,007

 

209

 

4,923

 

31,139

(1)This distribution resulted in the Partnership exceeding its third target level distribution for this quarter. As a result, the General Partner, as the holder of the IDRs, received an incentive distribution.
Series B Preferred Limited Partners  
Schedule of cash distributions made by the Partnership

The Partnership paid the following cash distributions on the Series B Preferred Units during the six months ended June 30, 2026 (in thousands, except per unit data):

For the

  ​ ​ ​

Per Unit

  ​ ​ ​

 

Cash Distribution

Quarterly Period

Cash

Total Cash

 

Payment Date

  ​ ​ ​

Covering

  ​ ​ ​

Distribution

  ​ ​ ​

Distribution

 

2/17/2026

11/15/25 - 2/14/26

$

0.59375

$

1,781

5/15/2026

2/15/26 - 5/14/26

0.59375

1,781