Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Current assets
Cash and cash equivalents	$ 19,234	$ 17,057
Receivable under the Investment Management Agreement—Westlake Corporation ("Westlake")	111,224	106,243
Accounts receivable, net—Westlake	109,732	142,791
Accounts receivable, net—third parties	26,412	5,825
Inventories	7,887	8,898
Prepaid expenses and other current assets	238	396
Total current assets	274,727	281,210
Property, plant and equipment, net	1,030,571	1,043,539
Goodwill	5,814	5,814
Deferred charges and other assets, net	143,254	150,135
Total assets	1,454,366	1,480,698
Current liabilities
Accounts payable—Westlake	34,471	10,796
Accounts payable—third parties	21,082	35,105
Accrued and other liabilities	21,391	60,895
Debt payable to Westlake	377,055	0
Total current liabilities	453,999	106,796
Long-term debt payable to Westlake	22,619	399,674
Deferred income taxes	1,516	1,530
Total liabilities	478,134	508,000
Commitments and contingencies (Note 12)
EQUITY
Total Westlake Chemical Partners LP partners' capital	293,569	293,978
Noncontrolling interest in Westlake Chemical OpCo LP ("OpCo")	682,663	678,720
Total equity	976,232	972,698
Total liabilities and equity	1,454,366	1,480,698
Limited Partner | Common units | Publicly and Privately Held
EQUITY
Limited Partners' Capital Account	481,550	481,796
Total equity	481,550	481,796
Limited Partner | Common units | Westlake
EQUITY
Limited Partners' Capital Account	54,591	54,754
Total equity	54,591	54,754
General Partner | Westlake
EQUITY
General partner—Westlake	(242,572)	(242,572)
Total equity	$ (242,572)	$ (242,572)