Income Taxes

12 Months Ended

Dec. 31, 2024

Income Tax Disclosure [Abstract]

Income Taxes

Income Taxes

The Partnership is a limited partnership and is treated as a partnership for U.S. federal income tax purposes and, therefore, is not liable for entity-level federal income taxes. The Partnership is, however, subject to state and local income taxes.

The components of income tax of the Partnership are as follows:

	Year Ended December 31,
	2024		2023		2022
Current
State and local	$	921	$	837	$	891
Deferred
State and local	(86)		(24)		126
Total provision	$	835	$	813	$	1,017

The reconciliation of income tax expense at the U.S. statutory rate to the income tax expense is as follows:

	Year Ended December 31,
	2024		2023		2022
Provision for federal income tax, at statutory rate	$	77,699	$	70,442	$	70,528
State income tax provision, net of federal income tax effect	835		813		1,017
Partnership income not subject to entity-level federal income tax	(77,699)		(70,442)		(70,528)
Total provision	$	835	$	813	$	1,017

The tax effects of the principal temporary differences between financial reporting and income tax reporting are as follows:

	December 31,
	2024		2023
Property, plant and equipment	$	(1,323)	$	(1,402)
Turnaround costs	(223)		(230)
Total deferred tax liabilities	$	(1,546)	$	(1,632)
Balance sheet classifications
Noncurrent deferred tax liability	$	(1,546)	$	(1,632)
Total deferred tax liabilities	$	(1,546)	$	(1,632)