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SUBSEQUENT EVENTS
6 Months Ended
Jun. 30, 2022
SUBSEQUENT EVENTS  
SUBSEQUENT EVENTS

NOTE 16—SUBSEQUENT EVENTS

The Partnership has evaluated events that occurred subsequent to June 30, 2022 in the preparation of its unaudited interim consolidated financial statements.

Distributions

On August 3, 2022, the Board of Directors declared a quarterly cash distribution of $0.55 per common unit and $0.580177 per OpCo common unit for the quarter ended June 30, 2022. The Partnership intends to pay this distributions on August 22, 2022 to common unitholders and OpCo common unitholders of record as of the close of business on August 15, 2022.

As to the Partnership, $0.030177 of the OpCo common unit distribution corresponds to a tax payment made by the Partnership in the second quarter of 2022. Under the limited liability company agreement of the Operating Company, the Partnership is not reimbursed by the Operating Company for federal income taxes paid by the Partnership.