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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2024
Fair Value Disclosures [Abstract]  
Schedule Of Carrying And Fair Values Of Long-Term Debt The carrying and fair values of the Partnership's long-term debt at December 31, 2024 and December 31, 2023 are summarized in the table below. The fair value of long-term debt is determined based on the present value of expected future cash flows using a discounted cash flow methodology. Because the Partnership's valuation methodology used for long-term debt requires the use of significant unobservable inputs, the inputs used to measure the fair value of the Partnership's long-term debt are classified as Level 3 within the fair value hierarchy. Inputs used to estimate the fair values of the Partnership's long-term debt include the selection of an appropriate discount rate.
December 31, 2024December 31, 2023
Carrying
Value
Fair
Value
Carrying
Value
Fair
Value
Long-term debt payable to Westlake
$399,674 $411,489 $399,674 $408,110