Equity Investments (Tables)

9 Months Ended

Sep. 30, 2025

Equity Method Investments and Joint Ventures [Abstract]

Equity Investments Table

The following table presents the financial statement impact of the Partnership’s equity investments:

thousands	Percentage Ownership Interest		Balance at December 31, 2024		Equity income, net		Distributions		Distributions in excess of cumulative earnings (1)		Balance at September 30, 2025
Mi Vida	50.00	%	$	42,765	$	3,794	$	(3,872)	$	(7,960)	$	34,727
FRP	33.33	%	183,588		33,741		(35,821)		(5,116)		176,392
Red Bluff Express	30.00	%	115,085		11,664		(11,664)		(2,497)		112,588
Rendezvous	22.00	%	5,639		(1,803)		(640)		(1,491)		1,705
TEP	20.00	%	170,060		13,914		(14,103)		(5,895)		163,976
TEG	20.00	%	14,496		737		(754)		(391)		14,088
White Cliffs	10.00	%	9,802		2,363		(2,363)		(2,650)		7,152
Total			$	541,435	$	64,410	$	(69,217)	$	(26,000)	$	510,628

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(1)Distributions in excess of cumulative earnings, classified as investing cash flows in the consolidated statements of cash flows, are calculated on an individual-investment basis.