Partners' Capital (Tables)

3 Months Ended

Mar. 31, 2017

Partners' Capital

Class B Preferred Units Accounted for as Mezzanine Equity in the Consolidated Balance Sheet

The Class B Preferred Units are accounted for as mezzanine equity in the consolidated balance sheet consisting of the following (in thousands):

	March 31,		December 31,
	2017		2016
Mezzanine equity beginning balance	$	342,991	$	172,111
Discount		—		(87)
Amortization of discount		404		23,477
Distributions		9,625		39,375
Distributions paid		(9,625)		(37,168)
Transfer embedded derivative to Class B		—		145,283
Total mezzanine equity	$	343,395	$	342,991

Schedule of Weighted Average Basic and Diluted Units Outstanding

	Three Months Ended
	March 31,
	2017	2016
Common units - Basic and Diluted	13,400,138	2,743,419
Weighted Common units - Basic and Diluted	13,400,138	2,743,419

Loss Per Unit Amounts

The following table presents our basic and diluted loss per unit for the three months ended March 31, 2017 (in thousands, except for per unit amounts):

	Total		Common Units
Assumed net loss to be allocated	$	(17,688)	$	(17,688)
Basic and diluted loss per unit			$	(1.32)

The following table presents our basic and diluted loss per unit for the three months ended March 31, 2016 (in thousands, except for per unit amounts):

	Total		Common Units
Assumed net loss to be allocated	$	(10,739)	$	(10,739)
Basic and diluted loss per unit			$	(3.91)