XML 66 R51.htm IDEA: XBRL DOCUMENT v3.24.2
Partners' Capital of the Operating Partnership (Tables)
 6 Months Ended
Jun. 30, 2024
Equity [Abstract]  
Schedule of Calculation of Numerator and Denominator in Earnings Per Unit
The Operating Partnership's earnings per unit for the three and six months ended June 30, 2024 and 2023, respectively, are computed as follows (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
Numerator2024202320242023
Basic Earnings:
Net (loss) income attributable to SLGOP common unitholders (numerator for diluted earnings per unit)
$(2,313)$(383,776)$11,729 $(425,844)
Less: distributed earnings allocated to participating securities(436)(906)(872)(813)
Net (loss) income attributable to SLGOP common unitholders (numerator for basic earnings per unit)$(2,749)$(384,682)$10,857 $(426,657)
Add back: dilutive effect of earnings allocated to participating securities and contingently issuable shares— — 436 — 
Net (loss) income attributable to SLGOP common unitholders (numerator for diluted earnings per unit)$(2,749)$(384,682)$11,293 $(426,657)

Three Months Ended June 30,Six Months Ended June 30,
Denominator2024202320242023
Basic units:
Weighted average common units outstanding68,740 68,341 68,753 68,263 
Effect of Dilutive Securities:
Stock-based compensation plans— — 1,384 — 
Diluted weighted average common units outstanding68,740 68,341 70,137 68,263