SUBSEQUENT EVENTS

6 Months Ended

Jun. 30, 2016

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS

16. SUBSEQUENT EVENTS

The Company evaluated all events or transactions that occurred after June 30, 2016 through the date the condensed consolidated financial statements were issued.  During this period, the Company had the following material subsequent events that require disclosure:

In August 2016, the Company declared a quarterly distribution of $0.28per common unit to common unit holders of record at the close of business on August 23, 2016, payable on September 6, 2016.  

In August 2016, the Company declared a quarterly distribution of $0.544444 per preferred equity unit to preferred equity unit holders of record at the close of business on September 15, 2016, payable on September 30, 2016.