XML 32 R22.htm IDEA: XBRL DOCUMENT v3.7.0.1
Partnership Distributions (Tables)
6 Months Ended
Jun. 30, 2017
Distribution Made to Limited Partner [Line Items]  
Cash Distributions Tables
The Board of Directors of WGP GP (the “Board of Directors”) declared the following cash distributions to WGP unitholders for the periods presented:
thousands except per-unit amounts
Quarters Ended
 
Total Quarterly
Distribution
per Unit
 
Total Quarterly
Cash Distribution
 
Date of
Distribution
2016
 
 
 
 
 
 
March 31
 
$
0.42375

 
$
92,767

 
May 2016
June 30
 
0.43375

 
94,958

 
August 2016
September 30
 
0.44750

 
97,968

 
November 2016
December 31
 
0.46250

 
101,254

 
February 2017
2017
 
 
 
 
 
 
March 31
 
$
0.49125

 
$
107,549

 
May 2017
June 30 (1)
 
0.52750

 
115,487

 
August 2017
                                                                                                                                                                                    
(1) 
The Board of Directors declared a cash distribution to WGP unitholders for the second quarter of 2017 of $0.52750 per unit, or $115.5 million in aggregate. The cash distribution is payable on August 21, 2017, to WGP unitholders of record at the close of business on July 31, 2017.
Western Gas Partners, LP [Member]  
Distribution Made to Limited Partner [Line Items]  
Cash Distributions Tables
The Board of Directors of WES GP declared the following cash distributions to WES’s common and general partner unitholders for the periods presented:
thousands except per-unit amounts
Quarters Ended
 
Total Quarterly
Distribution
per Unit
 
Total Quarterly
Cash Distribution
 
Date of
Distribution
2016
 
 
 
 
 
 
March 31
 
$
0.815

 
$
158,905

 
May 2016
June 30
 
0.830

 
162,827

 
August 2016
September 30
 
0.845

 
166,742

 
November 2016
December 31
 
0.860

 
170,657

 
February 2017
2017
 
 
 
 
 
 
March 31
 
$
0.875

 
$
188,753

 
May 2017
June 30 (1)
 
0.890

 
207,491

 
August 2017
                                                                                                                                                                                    
(1) 
The Board of Directors of WES GP declared a cash distribution to WES unitholders for the second quarter of 2017 of $0.890 per unit, or $207.5 million in aggregate, including incentive distributions, but excluding distributions on WES Class C units (see WES Class C unit distributions below). The cash distribution is payable on August 11, 2017, to WES unitholders of record at the close of business on July 31, 2017.
Western Gas Partners, LP [Member] | Series A Preferred Units [Member]  
Distribution Made to Limited Partner [Line Items]  
Cash Distributions Tables
The following table summarizes the Series A Preferred unitholders’ cash distributions for the periods presented:
thousands except per-unit amounts
Quarters Ended
 
Total Quarterly
Distribution
per Unit
 
Total Quarterly
Cash Distribution
 
Date of
Distribution
2016
 
 
 
 
 
 
March 31 (1)
 
$
0.68

 
$
1,887

 
May 2016
June 30 (2)
 
0.68

 
14,082

 
August 2016
September 30
 
0.68

 
14,908

 
November 2016
December 31
 
0.68

 
14,908

 
February 2017
2017
 
 
 
 
 
 
March 31
 
$
0.68

 
$
7,453

 
May 2017
                                                                                                                                                                                   
(1) 
Quarterly per unit distribution prorated for the 18-day period during which 14,030,611 WES Series A Preferred units were outstanding during the first quarter of 2016.
(2) 
Full quarterly per unit distribution on 14,030,611 WES Series A Preferred units and quarterly per unit distribution prorated for the 77-day period during which 7,892,220 WES Series A Preferred units were outstanding during the second quarter of 2016.

On March 1, 2017, 50% of the outstanding WES Series A Preferred units converted into WES common units on a one