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Equity (Tables)
12 Months Ended
Dec. 31, 2016
Equity [Abstract]  
Schedule of Incentive Distributions Made to Managing Members or General Partners by Distribution [Table Text Block]
 
 
Total Quarterly Distribution
per Unit Target Amount
 
Marginal Percentage
Interest in Distributions
 
 
Unitholders
 
General Partner
Minimum Quarterly Distribution
 
$0.2875
 
100.0
%
 

First Target Distribution
 
above $0.2875 up to $0.3306
 
100.0
%
 

Second Target Distribution
 
above $0.3306 up to $0.3594
 
85.0
%
 
15.0
%
Third Target Distribution
 
above $0.3594 up to $0.4313
 
75.0
%
 
25.0
%
Thereafter
 
above $0.4313
 
50.0
%
 
50.0
%
Distributions Made to Limited Partner, by Distribution [Table Text Block]
The table below summarizes our 2016 quarterly distribution declarations, payments and scheduled payments through December 31, 2016:
Declaration Date
 
Record Date
 
Payment Date
 
Distribution per Common and Subordinated Unit
February 1
 
February 11
 
February 26
 
$
0.3925

April 25
 
May 13
 
May 27
 
0.4025

July 26
 
August 12
 
August 26
 
0.4125

October 24
 
November 7
 
November 23
 
0.4225

Total
 
$
1.6300

On January 31, 2017, our general partner's board of directors declared a quarterly cash distribution of $0.4375 per unit for the fourth quarter of 2016. We will pay the distribution on March 1, 2017 to all unitholders of record on February 13, 2017.
During 2016, we declared and paid distributions that were in excess of the target distribution amounts set forth in our partnership agreement, resulting in distributions to our General Partner as the holder of incentive distribution rights. The total quarterly cash distributions made to general and limited partners for the years ended December 31, 2016, 2015 and 2014, respectively, was as follows:
 
Year Ended
 
December 31, 2016
 
December 31, 2015
 
December 31, 2014
 
(In thousands, except per unit data)
TexNew Mex Unit distributions:
 
 
 
 
 
TexNew Mex Unit distributions
$
310

 
$

 
$

Total TexNew Mex Unit distributions
$
310

 
$

 
$

 
 
 
 
 
 
General Partners' distributions:
 
 
 
 
 
General Partner's incentive distribution rights
$
4,447

 
$
1,085

 
$

Total General Partner's distributions
$
4,447

 
$
1,085

 
$

 
 
 
 
 
 
Limited partners' distributions:
 
 
 
 
 
Common
$
47,453

 
$
34,436

 
$
26,902

Subordinated
37,182

 
32,563

 
26,534

 Total limited partners' distributions
84,635

 
66,999

 
53,436

Total cash distributions
$
89,392

 
$
68,084

 
$
53,436

 
 
 
 
 
 
Cash distributions per limited partner unit
$
1.6300

 
$
1.4275

 
$
1.1632

We currently have an effective universal shelf Registration Statement on Form S-3 that provides for the registration and sale of up to $1 billion of equity or debt securities of us and certain of our subsidiaries. We may over time, and subject to market conditions, in one or more offerings, offer and sell any combination of the securities described in the prospectus. During the second and third quarter of 2016, we completed equity offerings pursuant to the shelf registration statement and resulted in reduced availability. The current availability under our shelf Registration Statement on Form S-3 is $713.8 million.