PARTNERS' EQUITY

9 Months Ended

Sep. 30, 2016

PARTNERS' EQUITY

PARTNERS' EQUITY

(13) PARTNERS’ EQUITY

The number of units outstanding is as follows:

		General
	Common	partner
	units	equivalent units
Units outstanding at December 31, 2015	16,124,566	329,073
Issuance of common units by our long-term incentive plan due to vesting of restricted     phantom units	7,732	—
Issuance of common units by our savings and retention program	1,643	—
TransMontaigne GP to maintain its 2% general partner interest	—	191
Units outstanding at September 30, 2016	16,133,941	329,264

At September 30, 2016 and December 31, 2015, common units outstanding include nil and 8,018 common units, respectively, held on behalf of TransMontaigne LLC’s long‑term incentive plan. In connection with the ArcLight acquisition of our general partner, effective February 1, 2016, 15,750 restricted phantom units previously granted to the independent directors vested and were satisfied via the delivery of our common units.