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Partners' Capital and Distributions
6 Months Ended
Jun. 30, 2022
Partners' Capital Notes [Abstract]  
Partners' Capital and Distributions

Note 8. Partners’ Capital and Distributions

Our partnership agreement requires that, within 45 days after the end of each quarter, we distribute all of our available cash, as defined in the partnership agreement, to shareholders of record on the applicable record date. The following table details the distributions declared and/or paid for the periods presented:

z

 

 

Period

 

Record Date

 

Distribution Date

 

Distribution per Class A share

 

First Quarter 2021

 

May 3, 2021

 

May 13, 2021

 

$

0.4526

 

Second Quarter 2021

 

August 9, 2021

 

August 13, 2021

 

$

0.5042

 

Third Quarter 2021

 

November 4, 2021

 

November 12, 2021

 

$

0.5104

 

Fourth Quarter 2021

 

February 3, 2022

 

February 14, 2022

 

$

0.5167

 

First Quarter 2022

 

May 5, 2022

 

May 13, 2022

 

$

0.5492

 

Second Quarter 2022(1)

 

August 4, 2022

 

August 12, 2022

 

$

0.5559

 

 

(1) For more information, see Note 14, Subsequent Events.