Net Income Per Limited Partner Unit (Tables)

6 Months Ended

Jun. 30, 2020

Earnings Per Share [Abstract]

Schedule of earnings per share, basic and diluted

Our calculation of net income per limited partner Common and Subordinated Unit is as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands, except per unit amounts)	2020		2019		2020		2019
Net Income Attributable to Noble Midstream Partners LP	$	48,236	$	36,409	$	58,339	$	79,968
Less: Net Income Attributable to Incentive Distribution Rights	—		4,640		—		8,147
Net Income Attributable to Limited Partners	$	48,236	$	31,769	$	58,339	$	71,821
Net Income Attributable to Common Units	$	48,236	$	25,487	$	58,339	$	49,454
Net Income Attributable to Subordinated Units (1)	—		6,282		—		22,367
Net Income Attributable to Limited Partners	$	48,236	$	31,769	$	58,339	$	71,821
Net Income Attributable to Limited Partners Per Limited Partner Unit — Basic and Diluted
Common Units	$	0.53	$	0.79	$	0.65	$	1.77
Subordinated Units (1)	$	—	$	0.84	$	—	$	1.91
Weighted Average Limited Partner Units Outstanding — Basic
Common Units	90,163		32,090		90,158		27,916
Subordinated Units (1)	—		7,514		—		11,685
Weighted Average Limited Partner Units Outstanding — Diluted
Common Units	90,164		32,121		90,163		27,944
Subordinated Units (1)	—		7,514		—		11,685
Antidilutive Restricted Units	207		68		187		71

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On May 14, 2019, all Subordinated Units were converted into Common Units.