Partners' Capital and Distributions (Tables)

12 Months Ended

Dec. 31, 2016

The table below summarizes the changes in the number of units outstanding through December 31, 2016:

	Limited Partner Common Units		Limited Partner Subordinated Units
Units outstanding at December 31, 2014		6,867,950		6,081,081
Issuance of common units in PIPE transaction (1)		4,520,795		-
Issuance of common units in UET transaction (2)		1,745,669		-
Vesting of equity-based compensation awards		39,996		-
Units outstanding at December 31, 2015		13,174,410		6,081,081
Vesting of equity-based compensation awards		221,530
Conversion of subordinated units to common units		6,081,081		(6,081,081	)
Units outstanding at December 31, 2016		19,477,021		-

(1)

Refer to “Note 3—Acquisitions – JBBR Acquisition” for further discussion of these units

(2)

Refer to “Note 3 – Acquisitions – Pawnee Terminal Acquisition” for further discussion of these units

Schedule of the Quarterly Distributions Related to the Partnership's Quarterly Financial Results

The table below summarizes the quarterly distributions related to the Partnership’s quarterly financial results (in thousands, except per unit data):

Quarter Ended	Total Quarterly Distribution Per Unit		Total Cash Distribution		Date of Distribution	Unitholders Record Date
December 31, 2016	$	0.4400	$	8,570	February 15, 2017	February 8, 2017
September 30, 2016	$	0.4400	$	8,493	November 15, 2016	November 7, 2016
June 30, 2016	$	0.4400	$	8,490	August 12, 2016	August 8, 2016
March 31, 2016	$	0.4400	$	8,475	May 13, 2016	May 9, 2016
December 31, 2015	$	0.4400	$	8,472	February 12, 2016	February 8, 2016
September 30, 2015	$	0.4400	$	8,472	November 13, 2015	November 9, 2015
June 30, 2015	$	0.4250	$	8,181	August 14, 2015	August 10, 2015
March 31, 2015	$	0.4100	$	5,309	May 15, 2015	May 11, 2015
December 31, 2014	$	0.4100	$	5,309	February 17, 2015	February 9, 2015
September 30, 2014	$	0.4100	$	5,309	November 17, 2014	November 10, 2014
June 30, 2014	$	0.4000	$	5,180	August 18, 2014	August 11, 2014
March 31, 2014	$	0.3875	$	5,018	May 16, 2014	May 9, 2014

Schedule Of Percentage Of Incentive Distribution Rights To Partnership Unitholders And General Partner

If cash distributions to the Partnership’s unitholders exceed $0.4456 per unit in any quarter, the Partnership’s unitholders and the General Partner, as the initial holder of the incentive distribution rights, will receive distributions according to the following percentage allocations:

Total Quarterly Distribution Per Unit Target Amount	Marginal Percentage Interest in Distributions
Total Quarterly Distribution Per Unit Target Amount	Unitholders			General Partner
above $0.3875 up to $0.4456		100.0	%		0.0	%
above $0.4456 up to $0.4844		85.0	%		15.0	%
above $0.4844 up to $0.5813		75.0	%		25.0	%
above $0.5813		50.0	%		50.0	%