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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 84,615 $ 19,744
Receivable under the Investment Management Agreement—Westlake Chemical Corporation (Westlake) 276,501 148,956
Accounts receivable, net—Westlake 47,626 57,280
Accounts receivable, net—third parties 15,495 16,404
Inventories 4,171 4,388
Prepaid expenses and other current assets 251 370
Total current assets 428,659 247,142
Property, plant and equipment, net 1,138,434 1,148,265
Goodwill 5,814 5,814
Deferred charges and other assets, net 58,366 60,904
Total assets 1,631,273 1,462,125
Current liabilities    
Accounts payable—Westlake 19,344 27,477
Accounts payable—third parties 7,481 5,045
Accrued and other liabilities 20,433 16,250
Total current liabilities 47,258 48,772
Long-term debt payable to Westlake 601,119 477,608
Deferred income taxes 1,677 1,664
Operating lease liabilities 1,272 0
Total liabilities 651,326 528,044
Commitments and contingencies (Note 12)
EQUITY    
Total Westlake Chemical Partners LP partners' capital 279,742 215,810
Noncontrolling interest in Westlake Chemical OpCo LP (OpCo) 700,205 718,271
Total equity 979,947 934,081
Total liabilities and equity 1,631,273 1,462,125
Limited Partner [Member] | Common units [Member] | Publicly and Privately Held [Member]    
EQUITY    
Limited Partners' Capital Account 473,119 409,608
Total equity 473,119 409,608
Limited Partner [Member] | Common units [Member] | Westlake [Member]    
EQUITY    
Limited Partners' Capital Account 49,195 48,774
Total equity 49,195 48,774
General Partner [Member] | Westlake [Member]    
EQUITY    
General partner—Westlake (242,572) (242,572)
Total equity $ (242,572) $ (242,572)