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Equity Transactions (Tables)
12 Months Ended
Dec. 31, 2024
Equity [Abstract]  
Summary of Public Offering Transactions

During the years ended December 31, 2024, 2023 and 2022, our Sponsors sold the following aggregate number of our Class A shares representing limited partner interests (“Class A Shares”) in underwritten public offering transactions:

Public Offering Date

 

Number of Shares Offered

 

 

Overallotment Option(1)

 

 

Total Number of Shares Offered

 

 

Offering
Price
(2)

 

April 4, 2022

 

 

8,900,000

 

 

 

1,335,000

 

 

 

10,235,000

 

 

$

29.50

 

May 19, 2023

 

 

11,100,000

 

 

 

1,665,000

 

 

 

12,765,000

 

 

$

27.00

 

August 17, 2023(3)

 

 

10,000,000

 

 

 

1,500,000

 

 

 

11,500,000

 

 

$

28.80

 

February 8, 2024

 

 

10,000,000

 

 

 

1,500,000

 

 

 

11,500,000

 

 

$

32.83

 

May 31, 2024(3)

 

 

10,000,000

 

 

 

1,500,000

 

 

 

11,500,000

 

 

$

34.03

 

September 20, 2024

 

 

11,000,000

 

 

 

1,650,000

 

 

 

12,650,000

 

 

$

35.12

 

(1)
Overallotment options were exercised in full on the same date as the public offering date unless stated otherwise.
(2)
Offering price for the 2022 and 2023 transactions represents price to the public excluding underwriting discounts. Offering price for the 2024 transactions represents price to the underwriter.
(3)
The overallotment options for these transactions were exercised in full on August 22, 2023 and June 3, 2024, respectively.
Summary of Class B Unit Repurchases

For the years ended December 31, 2024, 2023 and 2022, we had the following activity related to Class B unit repurchases (aggregate purchase price in millions):

Unit Repurchase
Agreement Date

Closing Date

 

Number of Units Repurchased

 

 

Aggregate Purchase Price

 

 

Purchase Price
Per Unit

 

March 29, 2022

April 4, 2022

 

 

13,559,322

 

 

$

400.0

 

 

$

29.50

 

March 27, 2023

March 30, 2023

 

 

3,619,254

 

 

$

100.0

 

 

$

27.63

 

June 26, 2023

June 29, 2023

 

 

3,350,084

 

 

$

100.0

 

 

$

29.85

 

September 19, 2023

September 22, 2023

 

 

3,301,420

 

 

$

100.0

 

 

$

30.29

 

November 13, 2023

November 16, 2023

 

 

3,370,407

 

 

$

100.0

 

 

$

29.67

 

March 11, 2024

March 14, 2024

 

 

2,816,901

 

 

$

100.0

 

 

$

35.50

 

June 24, 2024

June 26, 2024

 

 

2,724,052

 

 

$

100.0

 

 

$

36.71

 

September 9, 2024

September 11, 2024

 

 

2,823,262

 

 

$

100.0

 

 

$

35.42