Cash Distributions and Earnings per Unit (Tables)

6 Months Ended

Jun. 30, 2020

Cash Distributions And Earnings Per Unit

Cash Distributions and Earnings per Unit - Percentage Interest in Distributions

There is incentive distribution rights held by the General Partner, which are analyzed as follows:

		Marginal Percentage Interest in Distributions
	Total Quarterly Distribution Target Amount	Common Unitholders			Incentive Distribution Right Holder			General Partner
Minimum Quarterly Distribution	up to $5.25		98	%		—			2	%
First Target Distribution	up to $6.0375		98	%		—			2	%
Second Target Distribution	above $ 6.0375 up to $6.5625		85	%		13	%		2	%
Third Target Distribution	above $6.5625 up to $7.875		75	%		23	%		2	%
Thereafter	above $7.875		50	%		48	%		2	%

Cash Distributions and Earnings per Unit

The calculations of the basic and diluted earnings per unit are presented below.

	Three Month Period Ended				Six Month Period Ended
	June 30, 2020		June 30, 2019		June 30, 2020		June 30, 2019
Net loss	$	(14,641)	$	(6,523)	$	(25,365)	$	(16,046)
Loss attributable to:
Common unit holders		(14,349)		(6,394)		(24,860)		(15,729)
Weighted average units outstanding (basic and diluted)
Common unit holders		10,847,487		10,774,452		10,846,405		10,898,658
Loss per unit (basic and diluted):
Common unit holders	$	(1.32)	$	(0.59)	$	(2.29)	$	(1.44)

Earnings per unit — distributed (basic and diluted):
Common unit holders	$	0.05	$	0.30	$	0.35	$	0.60
Loss per unit — undistributed (basic and diluted):
Common unit holders	$	(1.37)	$	(0.89)	$	(2.64)	$	(2.04)