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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF PARTNERS' CAPITAL - USD ($)
$ in Thousands
Total
Partners' Capital
Partners' Capital
Series A Preferred Units
Noncontrolling Interest
Series A Preferred Units
Noncontrolling Interest
Common Noncontrolling Interest
[1]
Beginning balance at Dec. 31, 2018 $ 1,391,567 $ 543,479   $ 293,616 $ 554,472
Net income (loss) (40,280) (21,835)   7,125 (25,570)
Net cash distributions to SMLP unitholders (27,374)       (27,374)
Unit-based compensation 2,526       2,526
Effect of common unit issuances under SMLP LTIP   (2,387)     2,387
Tax withholdings and associated payments on vested SMLP LTIP awards (2,524)       (2,524)
Conversion of noncontrolling interest related to cancellation of subsidiary incentive distribution rights   48,203     (48,203)
Ending balance at Mar. 31, 2019 1,323,915 567,460   300,741 455,714
Net income (loss) 3,028 (2,756)   7,125 (1,341)
Net cash distributions to SMLP unitholders (28,076)     (14,250) (13,826)
Net cash distributions to Energy Capital Partners (68,984) (68,984)      
Unit-based compensation 1,393       1,393
Effect of common unit issuances under SMLP LTIP   (40)     40
Tax withholdings and associated payments on vested SMLP LTIP awards (93)       (93)
Ending balance at Jun. 30, 2019 1,231,183 495,680   293,616 441,887
Net income (loss) (11,129) (7,914)   7,125 (10,340)
Net cash distributions to SMLP unitholders (13,829)       (13,829)
Unit-based compensation 1,451       1,451
Effect of common unit issuances under SMLP LTIP   (173)     173
Tax withholdings and associated payments on vested SMLP LTIP awards 55       55
Ending balance at Sep. 30, 2019 1,207,731 487,593   300,741 419,397
Beginning balance at Dec. 31, 2019 785,236 305,550   293,616 186,070
Net income (loss) 2,817 (2,427)   7,125 (1,881)
Net cash distributions to SMLP unitholders (6,037)       (6,037)
Unit-based compensation 2,723       2,723
Effect of common unit issuances under SMLP LTIP   (2,322)     2,322
Tax withholdings and associated payments on vested SMLP LTIP awards (984)       (984)
Ending balance at Mar. 31, 2020 783,755 300,801   300,741 182,213
Beginning balance at Dec. 31, 2019 785,236 305,550   293,616 186,070
Conversion of noncontrolling interest related to cancellation of subsidiary incentive distribution rights 54,945        
Ending balance at Sep. 30, 2020 816,635 567,284 $ 249,351    
Beginning balance at Mar. 31, 2020 783,755 300,801   300,741 182,213
Net income (loss) 55,324 49,592 2,375 4,750 (1,393)
Unit-based compensation 1,846 515     1,331
Tax withholdings and associated payments on vested SMLP LTIP awards (62) (28)     (34)
GP Buy-In Transaction assumption of noncontrolling interest in SMLP   182,117 305,491 $ (305,491) $ (182,117)
Repurchase of common units under GP Buy-In Transaction (44,078) (44,078)      
Other (61) (61)      
Ending balance at Jun. 30, 2020 796,724 488,858 307,866    
Net income (loss) 18,331 11,850 6,481    
Unit-based compensation 1,622 1,622      
Tax withholdings and associated payments on vested SMLP LTIP awards (117) (117)      
Tax withholdings on Series A Preferred Unit Exchange (237) (237)      
Conversion of Series A Preferred Units to SMLP common units inclusive of a $54.9 million deemed contribution to common unit holders (Note 10)   64,996 (64,996)    
Other 312 312      
Conversion of noncontrolling interest related to cancellation of subsidiary incentive distribution rights 54,945        
Ending balance at Sep. 30, 2020 $ 816,635 $ 567,284 $ 249,351    
[1] Prior to the GP Buy-In Transaction, common noncontrolling interests reported by Summit Investments included equity interests in SMLP that were not owned by Summit Investments.