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Consolidated Statements of Changes in Equity - USD ($)
$ in Thousands
Total
Oaktree Capital Management L.P.
Class A Convertible Preferred Units
Accumulated other comprehensive income (loss)
Noncontrolling interests
NGL Energy Holdings LLC
Class B Perpetual Preferred Units
Class B Perpetual Preferred Units
Class B Perpetual Preferred Units
Class C Perpetual Preferred Units
Class C Perpetual Preferred Units
Class C Perpetual Preferred Units
Preferred Class B and Class C Preferred Units
Preferred Class B and Class C Preferred Units
Preferred Class B and Class C Preferred Units
Limited Partner
Limited Partner
Common units
Beginning Balance (in units) at Mar. 31, 2019             8,400,000           124,508,497
Beginning Balance at Mar. 31, 2019 $ 2,277,818   $ (255) $ 58,748 $ (50,603) $ 202,731           $ 2,067,197  
Increase (Decrease) in Partnership Capital                          
Distributions to general and common unit partners and preferred unitholders (Note 9) (258,362)       (342)             (258,020)  
Distributions to noncontrolling interest owners (1,145)     (1,145)                  
Mesquite Disposals Unlimited, LLC ("Mesquite") acquisition 17,124     17,124                  
Investment in NGL Energy Holdings LLC (Note 12) (15,226)                     (15,226)  
Equity issued pursuant to incentive compensation plan (in units)                         2,938,481
Equity issued pursuant to incentive compensation plan (Note 9) 32,964       33             32,931  
Common unit repurchases and cancellations (in units)                         (133,634)
Common unit repurchases and cancellations (Note 9) (1,644)                     (1,644)  
Warrants exercised (in units)                         1,458,371
Warrants exercised (Note 9) 15                     15  
Accretion of beneficial conversion feature of 10.75% Class A convertible preferred units (Note 9) (36,517) $ (36,500)                   (36,517)  
10.75% Class A convertible preferred units redemption - amount paid in excess of carrying value (Note 9) (78,797)                     (78,797)  
Units issued, net of offering costs (in units)             4,185,642   1,800,000        
Units issued, net of offering costs (Note 9)         100 $ 102,737   $ 42,891          
Issuance of warrants, net of offering costs (Note 9) 52,742                     52,742  
Net (loss) income (398,780)     (1,773) (478)             (396,529)  
Other comprehensive (loss) income (130)   (130)                    
Ending Balance (in units) at Mar. 31, 2020                     14,385,642   128,771,715
Ending Balance at Mar. 31, 2020 1,735,690   (385) 72,954 (51,390)         $ 348,359   1,366,152  
Increase (Decrease) in Partnership Capital                          
Distributions to general and common unit partners and preferred unitholders (Note 9) (147,780)       (65)             (147,715)  
Distributions to noncontrolling interest owners (4,115)     (4,115)                  
Investment in NGL Energy Holdings LLC (Note 12) 0                        
Equity issued pursuant to incentive compensation plan (in units)                         892,450
Equity issued pursuant to incentive compensation plan (Note 9) 4,727       0             4,727  
Common unit repurchases and cancellations (in units)                         (70,226)
Common unit repurchases and cancellations (Note 9) (182)                     (182)  
Units issued, net of offering costs (Note 9)         100                
Net (loss) income (639,187)     632 (733)             (639,086)  
Other comprehensive (loss) income 119   119                    
Ending Balance (in units) at Mar. 31, 2021                     14,385,642   129,593,939
Ending Balance at Mar. 31, 2021 948,159   (266) 69,471 (52,189)         348,359   582,784  
Increase (Decrease) in Partnership Capital                          
Cumulative effect adjustment for adoption of ASU 2016-13 (Note 16) (1,113)                        
Cumulative effect adjustment for adoption of ASU 2016-13 (Note 16) | Accounting Standards Update 2016-13         (1)             (1,112)  
Distributions to noncontrolling interest owners (1,635)     (1,635)                  
Investment in NGL Energy Holdings LLC (Note 12) 0                        
Equity issued pursuant to incentive compensation plan (in units)                         1,146,800
Equity issued pursuant to incentive compensation plan (Note 9) 3,259                     3,259  
Common unit repurchases and cancellations (in units)                         (44,769)
Common unit repurchases and cancellations (Note 9) (90)                     (90)  
Units issued, net of offering costs (Note 9)         100                
Net (loss) income (184,101)     655 (289)             (184,467)  
Sawtooth joint venture disposition (Note 17) (51,097)     (51,097)                  
Other comprehensive (loss) income (42)   (42)                    
Ending Balance (in units) at Mar. 31, 2022                     14,385,642   130,695,970
Ending Balance at Mar. 31, 2022 $ 714,453   $ (308) $ 17,394 $ (52,478)         $ 348,359   $ 401,486