v3.26.1
Earnings per Unit and Cash Distributions - Calculations of Basic and Diluted Earnings per Unit (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Earnings per Unit and Cash Distributions        
Net income (loss) $ 3,411 $ 6,810 $ 6,038 [1] $ 14,391 [1]
Less: Series A Preferred unitholders' interest in net income (loss) 1,700 1,700 3,400 3,400
Net income (loss) attributable to the unitholders of KNOT Offshore Partners LP 1,711 5,110 2,638 10,991
Less: Distributions 2,573 901 4,287 1,803
Under (over) distributed earnings $ (862) $ 4,209 $ (1,649) $ 9,188
Weighted average units outstanding (basic):        
General Partner 640 640 640 640
Weighted average units outstanding (diluted):        
General Partner 640 640 640 640
Earnings per unit (basic):        
General Partner $ 0.05 $ 0.15 $ 0.08 $ 0.32
Earnings per unit (diluted):        
General Partner 0.05 0.15 0.08 0.32
Cash distributions declared and paid in the period per unit 0.08 0.03 0.13 0.05
Subsequent event: Cash distributions declared and paid per unit relating to the period $ 0.08 $ 0.03 $ 0.13 $ 0.05
Common Units        
Earnings per Unit and Cash Distributions        
Net income (loss) attributable to the unitholders of KNOT Offshore Partners LP $ 1,679 $ 5,015 $ 2,589 $ 10,788
Weighted average units outstanding (basic):        
Common unitholders 33,660 34,045 33,660 34,045
Weighted average units outstanding (diluted):        
Common unitholders 37,910 38,324 37,910 38,324
Earnings per unit (basic):        
Earnings per unit (basic) $ 0.05 $ 0.15 $ 0.08 $ 0.32
Earnings per unit (diluted):        
Earnings per unit (diluted) $ 0.05 $ 0.15 $ 0.08 $ 0.32
Class B Unitholders        
Weighted average units outstanding (basic):        
Class B unitholders 252 252 252 252
Weighted average units outstanding (diluted):        
Class B unitholders 252 252 252 252
Limited Partner | Common Units        
Weighted average units outstanding (basic):        
Common unitholders (846) 4,130 (1,618) 9,018
General Partner        
Earnings per Unit and Cash Distributions        
Net income (loss) attributable to the unitholders of KNOT Offshore Partners LP $ 32 $ 95 $ 49 $ 203
Weighted average units outstanding (basic):        
General Partner (16) 79 (31) 170
[1] Included in net income (loss) is interest paid amounting to $27.0 million and $29.5 million for the six months ended June 30, 2026 and 2025, respectively.