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Partnership Distributions
6 Months Ended
Jun. 30, 2020
Equity [Abstract]  
Partnership Distributions
Note 8. 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
(in thousands)
 
 
 
 
Limited Partners
 
 
Period
Record Date
Distribution Date
Distribution per Limited Partner Unit
Common Unitholders(1)
Subordinated Unitholders (2)
Holder of IDRs (3)
Total
Q4 2018
February 4, 2019
February 11, 2019
$
0.5858

$
13,876

$
9,316

$
2,421

$
25,613

Q1 2019
May 6, 2019
May 13, 2019
$
0.6132

$
14,534

$
9,751

$
3,507

$
27,792

Q2 2019
August 5, 2019
August 12, 2019
$
0.6418

$
25,418

$

$
4,640

$
30,058

Q3 2019
November 4, 2019
November 12, 2019
$
0.6716

$
26,598

$

$
5,820

$
32,418

Q4 2019
February 4, 2020
February 14, 2020
$
0.6878

$
62,012

$

$

$
62,012

Q1 2020
May 8, 2020
May 15, 2020
$
0.1875

$
16,906

$

$

$
16,906

(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) 
On May 14, 2019, all Subordinated Units were converted into Common Units.
(3) 
In November 2019, we acquired all of Noble’s IDRs. See Note 2. Basis of Presentation.
Cash Distributions On July 24, 2020, the Board of Directors of our General Partner approved a quarterly distribution of $0.1875 per unit. The distribution will be paid on August 14, 2020, to unitholders of record as of August 7, 2020.