XML 42 R31.htm IDEA: XBRL DOCUMENT v3.21.1
EARNINGS PER UNIT (Tables)
3 Months Ended
Mar. 31, 2021
Earnings Per Share [Abstract]  
Schedule of earnings per limited partner unit

The following table details the components of EPU.

 

 

 

Three Months Ended March 31,

 

 

 

2021

 

 

2020

 

 

 

(In thousands,

except per-unit amounts)

 

Numerator for basic and diluted EPU:

 

 

 

 

 

 

 

 

Allocation of net income (loss) among limited partner interests:

 

 

 

 

 

 

 

 

Net income (loss)

 

$

8,988

 

 

$

3,762

 

Net (income) loss attributable to Subsidiary Series A Preferred Units

 

 

(3,932

)

 

 

(945

)

Net loss attributable to noncontrolling interest

 

 

 

 

 

1,881

 

Net income (loss) attributable to Summit Midstream Partners, LP

 

 

5,056

 

 

 

4,698

 

 

 

 

 

 

 

 

 

 

Less: Net income attributable to Series A Preferred Units

 

 

(4,287

)

 

 

(7,125

)

 

 

 

 

 

 

 

 

 

Net income (loss) attributable to common limited partners

 

$

769

 

 

$

(2,427

)

 

 

 

 

 

 

 

 

 

Denominator for basic and diluted EPU:

 

 

 

 

 

 

 

 

Weighted-average common units outstanding – basic

 

 

6,125

 

 

 

3,021

 

Effect of nonvested phantom units

 

 

135

 

 

 

 

Weighted-average common units outstanding – diluted

 

 

6,260

 

 

 

3,021

 

 

 

 

 

 

 

 

 

 

Net Income (Loss) per limited partner unit:

 

 

 

 

 

 

 

 

Common unit – basic

 

$

0.13

 

 

$

(0.80

)

Common unit – diluted

 

$

0.12

 

 

$

(0.80

)

 

 

 

 

 

 

 

 

 

Nonvested anti-dilutive phantom units excluded from the

    calculation of diluted EPU

 

 

44

 

 

 

126