Earnings per Limited Partner Unit (Tables)

3 Months Ended

Mar. 31, 2019

Summary of Partnership's Calculation of Net Loss per Common and Subordinated Unit

The following table illustrates the Partnership’s calculation of net loss per common and subordinated unit for the three month periods indicated:

	Three Months Ended March 31,									Three Months Ended March 31,
	2019									2018
	Common Units			Subordinated Units			Total			Common Units			Subordinated Units			Total
	(In Thousands, Except Per Unit Data)									(In Thousands, Except Per Unit Data)
Numerator:
Net loss available to limited partner units	$	(7,168	)	$	(9,653	)	$	(16,821	)	$	(9,789	)	$	(11,780	)	$	(21,569	)

Denominator:
Weighted-average units to calculate basic EPU		80,915			64,955			145,870			78,846			64,955			143,801
Plus: effect of dilutive securities ⁽¹⁾		—			—			—			—			—			—
Weighted-average units to calculate diluted EPU		80,915			64,955			145,870			78,846			64,955			143,801

Basic net loss per unit	$	(0.09	)	$	(0.15	)	$	(0.12	)	$	(0.12	)	$	(0.18	)	$	(0.15	)
Diluted net loss per unit	$	(0.09	)	$	(0.15	)	$	(0.12	)	$	(0.12	)	$	(0.18	)	$	(0.15	)

(1)

Diluted EPU gives effect to all dilutive potential common units outstanding during the period using the treasury stock method. Diluted EPU excludes all dilutive potential units calculated under the treasury stock method if their effect is anti-dilutive. For the three months ended March 31, 2019 and 2018, approximately 0.4 million and 0.3 million phantom units, respectively, were anti-dilutive, and therefore excluded from the diluted EPU calculation. Diluted EPU also is not impacted during any period by the Warrants (defined in Note 11) outstanding.