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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenues:                
Affiliates $ 106,027     $ 100,188     $ 311,755 $ 295,629
Third Parties 29,868     25,596     89,388 77,799
Revenues 135,895     125,784     401,143 373,428
Operating costs and expenses:                
Operations (exclusive of depreciation and amortization) 44,924     35,996     123,045 106,731
Depreciation and amortization 24,121     24,367     72,192 74,117
General and administrative 2,714     2,498     7,322 8,293
Total operating costs and expenses 71,759     62,861     202,559 189,141
Operating income 64,136     62,923     198,584 184,287
Other income (expense):                
Equity in earnings of equity method investments 1,334     1,114     5,217 4,127
Interest expense (18,807)     (18,042)     (57,059) (53,249)
Interest income 2,243     540     3,322 1,581
Sales-type Lease, Selling Profit (Loss) 35,166     0     35,166 0
Gain (loss) on sale of assets and other 142     38     (57) 71
Total other income (expense) 20,078     (16,350)     (13,411) (47,470)
Income before income taxes 84,214     46,573     185,173 136,817
State income tax benefit (expense) (30)     (39)     (36) (149)
Net Income 84,184 $ 47,159 $ 53,794 46,534 $ 41,499 $ 48,635 185,137 136,668
Allocation of net income attributable to noncontrolling interests (1,839)     (1,531)     (5,920) (5,354)
Net income attributable to the partners $ 82,345     $ 45,003     $ 179,217 $ 131,314
Limited partners’ per unit interest in earnings—basic and diluted (in dollars per share) $ 0.78     $ 0.43     $ 1.70 $ 1.25
Weighted average limited partners’ units outstanding (in shares) 105,440     105,440     105,440 104,908