PARTNERS' CAPITAL AND DISTRIBUTIONS (Tables)

12 Months Ended

Dec. 31, 2015

Equity [Abstract]

Reconciliation of LP units outstanding

The following is a summary of changes in Buckeye’s outstanding units for the periods indicated (in thousands):

	Limited Partners	Class B Units		Total
Units outstanding at January 1, 2013	90,371	7,975		98,346
LP Units issued pursuant to the Option Plan (1)	27	—		27
LP Units issued pursuant to the LTIP (1)	182	—		182
Issuance of units to institutional investors	15,526	—		15,526
Issuance of units through Equity Distribution Agreements	489	—		489
Issuance of Class B Units in lieu of quarterly cash distribution	—	494		494
Conversion of Class B Units into LP Units	8,469	(8,469	)	—
Units outstanding at December 31, 2013	115,064	—		115,064
LP Units issued pursuant to the Option Plan (1)	18	—		18
LP Units issued pursuant to the LTIP (1)	198	—		198
Issuance of units to institutional investors	10,752	—		10,752
Issuance of units through Equity Distribution Agreements	1,011	—		1,011
Units outstanding at December 31, 2014	127,043	—		127,043
LP Units issued pursuant to the Option Plan (1)	5	—		5
LP Units issued pursuant to the LTIP (1)	229	—		229
Issuance of units through Equity Distribution Agreements	2,247	—		2,247
Units outstanding at December 31, 2015	129,524	—		129,524

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(1) The number of units issued represents issuance net of tax withholding.

Schedule of cash distributions

Cash distributions paid to unitholders of Buckeye for the periods indicated were as follows (in thousands, except per unit amounts):

		Amount Per		Total Cash
Record Date	Payment Date	LP Unit		Distributions
February 19, 2013	February 28, 2013	$	1.0375	$	101,475
May 16, 2013	May 31, 2013	1.0500		102,689
August 12, 2013	August 20, 2013	1.0625		104,293
November 12, 2013	November 19, 2013	1.0750		124,051
Total				$	432,508
February 18, 2014	February 25, 2014	$	1.0875	$	125,806
May 12, 2014	May 19, 2014	1.1000		128,042
August 18, 2014	August 25, 2014	1.1125		133,142
November 18, 2014	November 25, 2014	1.1250		143,386
Total				$	530,376
February 17, 2015	February 24, 2015	$	1.1375	$	145,382
May 11, 2015	May 18, 2015	1.1500		147,085
August 10, 2015	August 17, 2015	1.1625		149,490
November 9, 2015	November 17, 2015	1.1750		152,175
Total				$	594,132

Schedule of in-kind distributions to Class B unitholders

In-kind distributions paid to Class B unitholders of Buckeye for the periods indicated were as follows (in thousands):

Record Date	Payment Date	Units
February 19, 2013	February 28, 2013	186
May 16, 2013	May 31, 2013	163
August 12, 2013	August 20, 2013	145
Total		494