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Partnership Distributions
 3 Months Ended
Mar. 31, 2018
Equity [Abstract]  
Partnership Distributions Note 10. Partnership Distributions
Our partnership agreement requires that, within 45 days after the end of each quarter, we distribute all of our available cash to unitholders of record on the applicable record date. The following table details the distributions paid in respect of the periods presented below:
 
 
 
 
Distributions
 
 
 
 
Limited Partners
 
 
Period
Record Date
Distribution Date
Distribution per Limited Partner Unit
Common Unitholders(1)
Subordinated Unitholders
Holder of IDRs
Total
Q4 2016(2)
February 6, 2017
February 14, 2017
$
0.4333

$
6,891

$
6,891

$
—

$
13,782

Q1 2017
May 8, 2017
May 16, 2017
$
0.4108

$
6,533

$
6,533

$
—

$
13,066

Q2 2017
August 7, 2017
August 14, 2017
$
0.4457

$
8,909

$
7,088

$
92

$
16,089

Q3 2017
November 6, 2017
November 13, 2017
$
0.4665

$
9,330

$
7,418

$
223

$
16,971

Q4 2017
February 5, 2018
February 12, 2018
$
0.4883

$
11,566

$
7,765

$
520

$
19,851

(1) 
Distributions to common unitholders does not include distribution equivalent rights on units that vested under the Noble Midstream Partners LP 2016 Long-Term Incentive Plan (the LTIP).
(2) 
The distribution for the fourth quarter 2016 is comprised of $0.3925 per unit for the fourth quarter 2016 and $0.0408 per unit for the 10-day period beginning on the closing of the initial public offering on September 20, 2016 and ending on September 30, 2016.
Incentive Distribution Rights Noble currently holds Incentive Distribution Rights (IDRs) that entitle it to receive increasing percentages, up to a maximum of 50%, of the available cash we distribute from operating surplus in excess of $0.4313 per unit per quarter. The maximum distribution of 50% does not include any distributions that Noble may receive on Common Units or Subordinated Units that it owns.
Cash Distributions On April 26, 2018, the board of directors of Noble Midstream GP LLC (our general partner) declared a quarterly cash distribution of $0.5110 per unit. The distribution will be paid on May 14, 2018, to unitholders of record on May 7, 2018. Also on May 14, 2018, a cash incentive distribution of $0.8 million will be made to Noble related to its IDRs, based upon the level of distribution paid per Common and Subordinated Unit.