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EARNINGS PER UNIT (Tables)
12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Schedule of earnings per limited partner unit

The following table details the components of EPU.

 

Year ended December 31,

 

2016

 

2015

 

2014

 

(In thousands, except per-unit amounts)

Numerator for basic and diluted EPU:

 

 

 

 

 

Allocation of net loss among limited partner interests:

 

 

 

 

 

Net loss attributable to common units

$

(48,179

)

 

$

(125,437

)

 

$

(16,324

)

Net loss attributable to subordinated units

 

 

(70,173

)

 

(10,793

)

Net loss attributable to limited partners

$

(48,179

)

 

$

(195,610

)

 

$

(27,117

)

 

 

 

 

 

 

Denominator for basic and diluted EPU:

 

 

 

 

 

Weighted-average common units outstanding – basic

68,264

 

 

39,217

 

 

33,311

 

Effect of nonvested phantom units

 

 

 

 

 

Weighted-average common units outstanding – diluted

68,264

 

 

39,217

 

 

33,311

 

 

 

 

 

 

 

Weighted-average subordinated units outstanding – basic and diluted

 

 

24,410

 

 

24,410

 

 

 

 

 

 

 

Loss per limited partner unit:

 

 

 

 

 

Common unit – basic

$

(0.71

)

 

$

(3.20

)

 

$

(0.49

)

Common unit – diluted

$

(0.71

)

 

$

(3.20

)

 

$

(0.49

)

Subordinated unit – basic and diluted (1)

 

 

$

(2.88

)

 

$

(0.44

)

 

 

 

 

 

 

Nonvested anti-dilutive phantom units excluded from the calculation of diluted EPU

125

 

 

109

 

 

232

 

 

(1) The subordination period ended on February 16, 2016 and all 24,409,850 subordinated units converted to common units on a one-for-one basis (see Note 11).