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Partners' Capital and Partnership Distributions
9 Months Ended
Sep. 30, 2017
Equity [Abstract]  
Partners' Capital and Partnership Distributions
Partners' Capital and Partnership Distributions
As of September 30, 2017, the Partnership had a total of 86,997,590 common units issued and outstanding, of which 69,497,590 common units are owned by OCI or affiliates thereof, representing approximately 80% of the total Partnership common units outstanding.
The Partnership declared the following cash distributions to its unitholders of record for the periods presented:
 
Period of Cash Distribution
 
Distribution Per
Common Unit(1)
 
Total Cash
Distribution
 
Date of
Record
 
Date of Distribution
First Quarter, ended March 31, 2016
 
$
0.06

 
$
5,220

 
June 24, 2016

 
July 8, 2016

Second Quarter, ended June 30, 2016(2)
 
$
—

 
$
—

 
—

 
—

Third Quarter, ended September 30, 2016(2)
 
$
—

 
$
—

 
—

 
—

Fourth Quarter, ended December 31, 2016(2)
 
$
—

 
$
—

 
—

 
—

First Quarter, ended March 31, 2017
 
$
0.23

 
$
20,009

 
May 19, 2017

 
June 5, 2017

Second Quarter, ended June 30, 2017
 
$
0.12

 
$
10,440

 
August 18, 2017

 
September 8, 2017

Third Quarter, ended September 30, 2017
 
$
0.08

 
$
6,960

 
November 17, 2017

 
December 8, 2017


(1)
Cash distributions for a quarter are declared and paid in the following quarter.
(2)
No distribution was declared for this three-month period.