XML 25 R5.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Consolidated Statements of Changes in Equity - USD ($)
$ in Thousands
Total
Noncontrolling Interest in OpCo [Member]
Accumulated Other Comprehensive Income [Member]
Westlake [Member]
General Partner [Member]
Common units [Member]
Public [Member]
Limited Partner [Member]
Common units [Member]
Westlake [Member]
Limited Partner [Member]
Subordinated units [Member]
Westlake [Member]
Limited Partner [Member]
Equity, beginning balance at Dec. 31, 2016 $ 920,963 $ 818,479 $ 200 $ (242,430) $ 297,367 $ 4,813 $ 42,534
Stockholders' Equity [Roll Forward]              
Net income 353,058 304,388 0 1,666 23,743 9,934 13,327
Net effect of cash flow hedge 79   79        
Proceeds from secondary public offering, net of finance and other offering costs 110,698       110,698    
Subordinated unit conversion 0         42,352 (42,352)
Quarterly distribution to unitholders (42,117) 0 0 (1,194) (20,580) (6,834) (13,509)
Quarterly distribution to noncontrolling interest retained in OpCo by Westlake (343,932) (343,932) 0 0 0 0 0
Equity, ending balance at Dec. 31, 2017 998,749 778,935 279 (241,958) 411,228 50,265 0
Stockholders' Equity [Roll Forward]              
Net income 330,571 281,224 0 733 27,320 21,294 0
Net effect of cash flow hedge (279)   (279)        
Units issued for vested phantom units 291       291    
Proceeds from secondary public offering, net of finance and other offering costs 0            
Quarterly distribution to unitholders (53,363) 0 0 (1,347) (29,231) (22,785) 0
Quarterly distribution to noncontrolling interest retained in OpCo by Westlake (341,888) (341,888) 0 0 0 0 0
Equity, ending balance at Dec. 31, 2018 934,081 718,271 0 (242,572) 409,608 48,774 0
Stockholders' Equity [Roll Forward]              
Net income 332,895 271,914 0 0 35,978 25,003 0
Units issued for vested phantom units 146       146    
Proceeds from secondary public offering, net of finance and other offering costs 62,661   0   62,661    
Quarterly distribution to unitholders (62,084) 0 0 0 (36,657) (25,427) 0
Quarterly distribution to noncontrolling interest retained in OpCo by Westlake (315,564) (315,564) 0 0 0 0 0
Equity, ending balance at Dec. 31, 2019 $ 952,135 $ 674,621 $ 0 $ (242,572) $ 471,736 $ 48,350 $ 0