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Distributions To Unitholders
6 Months Ended
Jun. 30, 2018
Distributions To Unitholders  
Distributions To Unitholders

15. DISTRIBUTIONS TO UNITHOLDERS

The table below reflects the payment of cash distributions on common units related to the six months ended June 30, 2018 and the year ended December 31, 2017.

 

 

 

 

 

 

 

 

 

 

 

 

 

Distribution

 

Date of

 

Date of

 

Date of

 

Three months ended

    

per unit

    

declaration

    

record

    

distribution

 

March 31, 2017

 

$

0.4375

 

May 10, 2017

 

May 22, 2017

 

May 31, 2017

 

June 30, 2017

 

$

0.4441

 

August 9, 2017

 

August 22, 2017

 

August 31, 2017

 

September 30, 2017

 

$

0.4508

 

November 7, 2017

 

November 20, 2017

 

November 30, 2017

 

December 31, 2017

 

$

0.4508

 

February 8, 2018

 

February 20, 2018

 

February 28, 2018

 

March 31, 2018

 

$

0.4508

 

May 8, 2018

 

May 22, 2018

 

May 31, 2018

 

June 30, 2018

 

$

0.4508

 

August 8, 2018

 

August 21, 2018

 

August 31, 2018

 

 

The table below reflects the payment of distributions on Class B Preferred Units (defined below) related to the six months ended June 30, 2018, and the year ended December 31, 2017.

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash distribution

 

Date of

 

Date of

 

Date of

 

Three months ended

    

per unit

    

declaration

    

record

    

distribution

 

March 31, 2017 (a)

 

$

0.2258

 

May 10, 2017

 

May 22, 2017

 

May 31, 2017

 

June 30, 2017

 

$

0.28225

 

August 9, 2017

 

August 22, 2017

 

August 31, 2017

 

September 30, 2017

 

$

0.28225

 

November 7, 2017

 

November 20, 2017

 

November 30, 2017

 

December 31, 2017

 

$

0.28225

 

February 8, 2018

 

February 20, 2018

 

February 28, 2018

 

March 31, 2018

 

$

0.28225

 

May 8, 2018

 

May 22, 2018

 

May 31, 2018

 

June 30, 2018 (b)

 

$

0.2258

 

August 8, 2018

 

August 21, 2018

 

August 31, 2018

 

(a)

The Partnership elected to pay the first quarter 2017 distribution on the Class B Preferred Units in part cash and, with consent of the Class B preferred unitholder, in part common units (in lieu of additional Class B Preferred Units). Accordingly, the Partnership declared a cash distribution of $0.2258 per Class B preferred unit and an aggregate distribution of 184,697 common units, each payable on May 31, 2017 to holders of record on May 22, 2017.

(b)

The Partnership elected to pay the second quarter 2018 distribution on the Class B Preferred Units in part cash and part in Class B Preferred Units. Accordingly, the Partnership declared a cash distribution of $0.2258 per Class B Preferred Unit and an aggregate distribution of 310,009 Class B Preferred PIK Units, each payable on August 31, 2018 to holders of record on August 21, 2018.