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EARNINGS PER UNIT (Tables)
9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Earnings per Common and Subordinated Unit The following table sets forth the computation of basic and diluted earnings per common unit:
 Three Months Ended September 30,Nine Months Ended September 30,
 2024202320242023
 (in thousands, except per unit amounts)
NET INCOME (LOSS)$92,731 $62,067 $224,980 $274,902 
Distributions on Series B cumulative convertible preferred units(7,366)(5,250)(22,099)(15,750)
NET INCOME (LOSS) ATTRIBUTABLE TO THE GENERAL PARTNER AND COMMON UNITS$85,365 $56,817 $202,881 $259,152 
ALLOCATION OF NET INCOME (LOSS):  
General partner interest$— $— $— $— 
Common units85,365 56,817 202,881 259,152 
 $85,365 $56,817 $202,881 $259,152 
NUMERATOR:
Numerator for basic EPU - Net income (loss) attributable to common unitholders$85,365 $56,817 $202,881 $259,152 
Effect of dilutive securities— — — 15,750 
Numerator for diluted EPU - Net income (loss) attributable to common unitholders after the effect of dilutive securities$85,365 $56,817 $202,881 $274,902 
DENOMINATOR:
Denominator for basic EPU - weighted average common units outstanding (basic)210,687 209,982 210,680 209,963 
Effect of dilutive securities
— — — 14,969 
Denominator for diluted EPU - weighted average number of common units outstanding after the effect of dilutive securities210,687 209,982 210,680 224,932 
NET INCOME (LOSS) ATTRIBUTABLE TO LIMITED PARTNERS PER COMMON UNIT:  
Per common unit (basic)$0.41 $0.27 $0.96 $1.23 
Per common unit (diluted)$0.41 $0.27 $0.96 $1.22 
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The following units of potentially dilutive securities were excluded from the computation of diluted weighted average units outstanding because their inclusion would be anti-dilutive:
 Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
(in thousands)
Potentially dilutive securities (common units):
Series B cumulative convertible preferred units on an as-converted basis
15,072 14,969 15,072 —