Net Income per Limited Partner Unit (Tables)

3 Months Ended

Mar. 31, 2014

Partnership's Calculation of Net Income Per Unit for Common and Subordinated Limited Partner Units

The following table illustrates the Partnership’s calculation of net income per unit for common and subordinated limited partner units (in thousands, except per-unit information):

	Three Months Ended March 31,
	2014			2013
Net income attributable to Access Midstream Partners, L.P.	$	61,078		$	59,538
Less general partner interest in net income		(19,616	)		(4,792	)

Limited partner interest in net income	$	41,462		$	54,746

Net income allocable to common units⁽¹⁾	$	27,342		$	13,447
Net income allocable to subordinated units		—			19,837
Net income allocable to Class B units⁽¹⁾		9,650			10,230
Net income allocable to Class C units⁽¹⁾		4,470			11,232
Limited partner interest in net income	$	41,462		$	54,746

Net income per limited partner unit – basic and diluted
Common units	$	0.15		$	0.14
Subordinated units	$	—		$	0.29
Weighted average limited partner units outstanding – basic and diluted
Common units		184,227,500			98,421,405
Subordinated units		—			69,076,122
Total		184,227,500			167,497,527

⁽¹⁾	Adjusted to reflect amortization for the beneficial conversion feature.