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Certain Provision of the Partnership Agreement (Tables)
12 Months Ended
Dec. 31, 2016
Schedule of Incentive Distributions Made to Managing Members or General Partners by Distribution

The net income allocated to the General Partner is as follows (in millions):

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31, 

 

 

2016

    

2015

 

2014 (1)

Income allocation for incentive distributions

 

$

56.8

 

$

47.5

 

$

20.6

Unit-based compensation attributable to ENLC’s restricted units

 

 

(14.7)

 

 

(18.3)

 

 

(10.4)

General Partner share of net income (loss)

 

 

(2.6)

 

 

(6.7)

 

 

1.1

General Partner interest in drop down transactions

 

 

 —

 

 

35.5

 

 

127.0

General Partner interest in net income

 

$

39.5

 

$

58.0

 

$

138.3

(1)  The  year ended December 31, 2014 amounts consist only of the period from March 7, 2014 through December 31, 2014.

EnLink Midstream Partners, LP  
Distributions Made to Limited Partner, by Distribution

A summary of the Partnership’s distribution activity relating to the common units for the years ended December 31, 2016, 2015 and 2014 is provided below:

 

 

 

 

 

 

 

Declaration period

    

Distribution/unit

    

Date paid/payable

2016

 

 

 

 

 

First Quarter of 2016

 

$

0.390

 

May 12, 2016

Second Quarter of 2016

 

$

0.390

 

August 11, 2016

Third Quarter of 2016

 

$

0.390

 

November 11, 2016

Fourth Quarter of 2016

 

$

0.390

 

February 13, 2017

 

 

 

 

 

 

2015

 

 

 

 

 

First Quarter of 2015 (1)

 

$

0.380

 

May 14, 2015

Second Quarter of 2015 (2)

 

$

0.385

 

August 13, 2015

Third Quarter of 2015

 

$

0.390

 

November 12, 2015

Fourth Quarter of 2015

 

$

0.390

 

February 11, 2016

 

 

 

 

 

 

2014

 

 

 

 

 

First Quarter of 2014 (3)

 

$

0.360

 

May 14, 2014

Second Quarter of 2014

 

$

0.365

 

August 13, 2014

Third Quarter of 2014

 

$

0.370

 

November 13, 2014

Fourth Quarter of 2014

 

$

0.375

 

February 12, 2015


(1)

The Partnership’s partial first quarter 2015 distributions on its Class D Common Units of $0.18 per unit were paid on May 14, 2015. Distributions paid for the Class D Common Units represent a pro rata distribution for the number of days the Class D Common Units were issued and outstanding during the quarter. The Class D Common Units automatically converted into common units on a one-for-one basis on May 4, 2015.

(2)

The Partnership’s partial second quarter 2015 distributions on its Class E Common Units of $0.15 per unit were paid on August 13, 2015. Distributions paid for the Class E Common Units represent a pro rata distribution for the number of days the Class E Common Units were issued and outstanding during the quarter. The Class E Common Units automatically converted into common units on a one-for-one basis on August 3, 2015.

The Partnership’s first quarter 2014 distributions on its Class B Common Units of $0.10 per unit were paid on May 14, 2014. Distributions declared for the Class B Common Units represent a pro rata distribution for the number of days the Class B Common Units were issued and outstanding during the quarter. The Class B Common Units automatically converted into common units on a one-for-one basis on May 6, 2014.