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Partners' Capital and Distributions
 6 Months Ended
Jun. 30, 2017
Partners' Capital and Distributions [Abstract]  
Partners' Capital and Distributions
Partners’ Capital and Distributions
At June 30, 2017, our outstanding common units consisted of 122,539,221 Class A units and 39,997 Class B units.
On March 24, 2017, we issued 4,600,000 Class A common units in a public offering at a price of $30.65 per unit, which included the exercise by the underwriters of an option to purchase up to 600,000 additional common units from us. We received proceeds, net of offering costs, of approximately $140.5 million from that offering.
Distributions
We paid or will pay the following distributions in 2016 and 2017:
Distribution For
 
Date Paid
 
Per Unit
Amount
 
Total
Amount
 
2016
 
 
 
 
 
 
 
1st Quarter
 
May 13, 2016
 
$
0.6725

 
$
73,961

 
2nd Quarter
 
August 12, 2016
 
$
0.6900

 
$
81,406

 
3rd Quarter
 
November 14, 2016
 
$
0.7000

 
$
82,585

 
4th Quarter
 
February 14, 2017
 
$
0.7100

 
$
83,765

 
2017
 
 
 
 
 
 
 
1st Quarter
 
May 15, 2017
 
$
0.7200

 
$
88,257

 
2nd Quarter
 
August 14, 2017
(1) 
$
0.7225

 
$
88,563

 
(1) This distribution will be paid to unitholders of record as of July 31, 2017.