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PARTNERS' CAPITAL (Tables)
9 Months Ended
Sep. 30, 2019
Equity [Abstract]  
Schedule of partner units activity

A rollforward of the number of preferred limited partner, common limited partner and General Partner units follows.

 

 

 

 

Limited partners

 

 

 

 

 

Series A Preferred Units

 

 

Common

 

 

General

Partner

 

Units, January 1, 2019

 

 

300,000

 

 

 

73,390,853

 

 

 

1,490,999

 

Conversion of General Partner economic interests

 

 

 

 

 

8,750,000

 

 

 

(1,490,999

)

Net units issued under the SMLP LTIP

 

 

 

 

 

607,492

 

 

 

 

Units, September 30, 2019

 

 

300,000

 

 

 

82,748,345

 

 

 

 

Details of cash distributions

Our payment of IDRs as reported in distributions to unitholders – general partner in the statement of partners' capital during the three and nine months ended September 30 follow.

 

 

 

Three months ended September 30,

 

 

Nine months ended September 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

 

 

(In thousands)

 

IDR payments

 

$

 

 

$

2,136

 

 

$

2,139

 

 

$

6,400

 

We paid the following per-unit distributions during the three and nine months ended September 30

 

 

Three months ended September 30,

 

 

Nine months ended September 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Per-unit distributions to unitholders

 

$

0.2875

 

 

$

0.575

 

 

$

1.1500

 

 

$

1.725