Net Income Per Common Unit (Tables)

3 Months Ended

Mar. 31, 2023

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The following data was used in computing net income per common unit shown in the Company's consolidated statements of operations:

	Three Months Ended March 31,
	2023		2022
Net income	$	24,803	$	4,541
Net loss attributable to noncontrolling interests in consolidated entities	43		24
Net income attributable to common unitholders	24,846		4,565
Effect of dilutive securities:
Interest expense from SPLP Preferred Units (a)	3,069		—
Net income attributable to common unitholders – assuming dilution	$	27,915	$	4,565
Net income per common unit – basic
Net income attributable to common unitholders	$	1.15	$	0.21
Net income per common unit – diluted
Net income attributable to common unitholders	$	1.09	$	0.20
Denominator for net income per common unit – basic	21,685,794		22,209,071
Effect of dilutive securities:
Incentive Units	88,365		254,013
Unvested restricted common units	15,756		179,932
SPLP Preferred Units	3,751,331		—
Denominator for net income per common unit – diluted (b)	25,541,246		22,643,016

(a)    Assumes the SPLP Preferred Units were redeemed in common units as described in Note 11 - "Capital and Accumulated Other Comprehensive Loss."

(b)    For the three months ended March 31, 2022, the diluted per unit calculation does not include the potential impact of 4,154,974 SPLP Preferred Units, since the impact would have been anti-dilutive.