Net Income Per Limited Partner Unit (Tables)

3 Months Ended

Mar. 31, 2015

Earnings Per Share [Abstract]

Computation of net income per unit

Net income per unit was computed as follows (in thousands, except per unit amounts):

	Three Months Ended March 31, 2015
			Limited Partners
	General Partner		Common Units		Subordinated Units		Restricted Units		Total
Allocation of net income to determine net income available to limited partners:
Distributions, excluding general partner’s IDRs	$	345	$	8,519	$	7,989	$	—	$	16,853
General partner’s IDRs	410		—		—		—		410
DERs	—		—		—		3		3
Distributions and DERs declared	755		8,519		7,989		3		17,266
Undistributed earnings	97		2,404		2,353		1		4,855
Net income available to limited partners – basic and diluted	$	852	$	10,923	$	10,342	$	4	$	22,121
Net income per limited partner unit – basic and diluted:
Weighted-average units outstanding			29,426		28,790
Net income per limited partner unit			$	0.37	$	0.36

	Three Months Ended March 31, 2014
				Limited Partners
	General Partner			Common Units			Subordinated Units			Restricted Units			Total
Allocation of net income to determine net income available to limited partners:
Distributions	$	250		$	6,118		$	6,118		$	—		$	12,486
DERs	—			—			—			1			1
Distributions and DERs declared	250			6,118			6,118			1			12,487
Excess distributions over earnings	(40		)	(982		)	(982		)	(1		)	(2,005		)
Net income available to limited partners – basic	$	210		5,136			5,136			$	—		$	10,482
Add: DERs				1			—
Net income available to limited partners – diluted				$	5,137		$	5,136
Net income per limited partner unit – basic:
Weighted-average units outstanding				28,790			28,790
Net income per limited partner unit – basic				$	0.18		$	0.18
Net income per limited partner unit – diluted:
Weighted-average units outstanding				28,790			28,790
Common equivalent units for restricted units				2			—
Weighted-average units outstanding – diluted				28,792			28,790
Net income per limited partner unit – diluted				$	0.18		$	0.18