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USD ($)
USD ($) / shares
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<!-- Begin Block Tagged Note 21 - us-gaap:ScheduleOfDistributionsMadeToMembersOrLimitedPartnersByDistributionTextBlock-->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 10pt; margin-top: 12pt"><b>21. PARTNERS’ CAPITAL AND DISTRIBUTIONS</b>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     Our LP Units represent limited partner interests, which give the holders thereof the right to
participate in distributions and to exercise the other rights and privileges available to them
under our partnership agreement. The partnership agreement provides that, without prior approval
of our limited partners holding an aggregate of at least two-thirds of the outstanding LP Units, we
cannot issue any LP Units of a class or series having preferences or other special or senior rights
over the LP Units. In accordance with our partnership agreement, capital accounts are maintained
for our general partner and limited partners. In conjunction with the Merger, our partnership
agreement was amended. See Note 1 for further information.
</div>
<div align="left" style="font-size: 10pt; margin-left: 1%; margin-top: 6pt"><i>Summary of Changes in Outstanding Units</i>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     The following is a reconciliation of BGH’s common units and management units and the
conversion to Buckeye’s LP Units outstanding for the periods indicated:
</div>
<div align="center">
<table style="font-size: 10pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="52%"> </td>
<td width="5%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="5%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="5%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="5%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>General</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Limited</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Management</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3" style="border-bottom: 1px solid #000000"><b>Partner</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3" style="border-bottom: 1px solid #000000"><b>Partners</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3" style="border-bottom: 1px solid #000000"><b>Units</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3" style="border-bottom: 1px solid #000000"><b>Total (1)</b></td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Units outstanding on January 1, 2008
</div></td>
<td> </td>
<td> </td>
<td align="right">2,830</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">27,766,817</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">530,353</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">28,300,000</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Issuance of common units
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td> </td>
<td align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Units outstanding at December 31, 2008
</div></td>
<td> </td>
<td> </td>
<td align="right">2,830</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">27,766,817</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">530,353</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">28,300,000</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Conversion of management units to common units
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">4,396</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right"> </td>
<td align="right">(4,396</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td> </td>
<td align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Units outstanding at December 31, 2009
</div></td>
<td> </td>
<td> </td>
<td align="right">2,830</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">27,771,213</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">525,957</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">28,300,000</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Cancellation of BGH units in connection with
Merger (2)
</div></td>
<td> </td>
<td nowrap="nowrap" align="right"> </td>
<td align="right">(2,830</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="right"> </td>
<td align="right">(27,771,213</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="right"> </td>
<td align="right">(525,957</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="right"> </td>
<td align="right">(28,300,000</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Buckeye LP Units issued to BGH unitholders (2)
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">19,951,498</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">19,951,498</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Buckeye LP Units outstanding on date of Merger
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">51,556,716</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">51,556,716</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Cancellation of LP Units in connection with
Merger (3)
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right"> </td>
<td align="right">(80,000</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right"> </td>
<td align="right">(80,000</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">LP Units issued pursuant to the LTIP
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">85</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">85</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">LP Units issued pursuant to the Option Plan
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">7,800</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">7,800</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td> </td>
<td align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Units outstanding at December 31, 2010
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">71,436,099</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">71,436,099</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td> </td>
<td align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div align="left">
<div style="font-size: 3pt; margin-top: 16pt; width: 18%; border-top: 1px solid #000000"> 
</div>
</div>
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; text-align: left">
<tr>
<td width="3%"></td>
<td width="1%"></td>
<td width="96%"></td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(1)</td>
<td> </td>
<td>Amounts presented through the date of the Merger represent historical BGH units
outstanding.</td>
</tr>
<tr style="font-size: 3pt">
<td> </td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(2)</td>
<td> </td>
<td>On November 19, 2010, in connection with the Merger, BGH units outstanding were
converted into LP Units at a ratio of 0.705 to 1.0. Buckeye issued approximately 20.0
million LP Units to BGH’s unitholders. On November 19, 2010, Buckeye had approximately
51.6 million LP Units outstanding.</td>
</tr>
<tr style="font-size: 3pt">
<td> </td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(3)</td>
<td> </td>
<td>In connection with the Merger, 80,000 LP Units held by BGH were cancelled.</td>
</tr>
</table>
<!-- Folio -->
<!-- /Folio -->
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="center" style="font-size: 10pt; margin-top: 0pt">
<b>
</b>
</div>
<div align="left" style="font-size: 10pt; margin-left: 1%; margin-top: 6pt"><i>Cash Distributions</i>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     We generally make quarterly cash distributions to unitholders. Cash distributions paid to
Unitholders of Buckeye for the years ended December 31, 2010, 2009 and 2008 were as follows (in
thousands, except per LP Unit amounts):
</div>
<div align="center">
<table style="font-size: 10pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="40%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Amount Per</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Limited</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>General</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Total Cash</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td nowrap="nowrap" align="left" style="border-bottom: 1px solid #000000"><b>Record Date</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>Payment Date</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>LP Unit</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>Partners</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>Partner (1)</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>Distributions</b></td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr valign="bottom"><!-- Blank Space -->
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">February 5, 2008
</div></td>
<td> </td>
<td colspan="3" align="center" nowrap="nowrap">February 29, 2008</td>
<td> </td>
<td align="left">$</td>
<td align="right">0.8375</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">38,289</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">9,130</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">47,419</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">May 9, 2008
</div></td>
<td> </td>
<td colspan="3" align="center">May 30, 2008</td>
<td> </td>
<td> </td>
<td align="right">0.8500</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">41,113</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">9,939</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">51,052</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">August 8, 2008
</div></td>
<td> </td>
<td colspan="3" align="center">August 29, 2008</td>
<td> </td>
<td> </td>
<td align="right">0.8625</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">41,721</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">10,200</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">51,921</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">November 7, 2008
</div></td>
<td> </td>
<td colspan="3" align="center" nowrap="nowrap">November 28, 2008</td>
<td> </td>
<td> </td>
<td align="right">0.8750</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">42,326</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">10,461</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">52,787</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Total
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">163,449</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">39,730</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">203,179</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">February 12, 2009
</div></td>
<td> </td>
<td colspan="3" align="center">February 27, 2009</td>
<td> </td>
<td align="left">$</td>
<td align="right">0.8875</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">42,930</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">10,721</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">53,651</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">May 11, 2009
</div></td>
<td> </td>
<td colspan="3" align="center">May 29, 2009</td>
<td> </td>
<td> </td>
<td align="right">0.9000</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">46,227</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">11,686</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">57,913</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">August 7, 2009
</div></td>
<td> </td>
<td colspan="3" align="center">August 31, 2009</td>
<td> </td>
<td> </td>
<td align="right">0.9125</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">46,877</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">11,965</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">58,842</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">November 12, 2009
</div></td>
<td> </td>
<td colspan="3" align="center">November 30, 2009</td>
<td> </td>
<td> </td>
<td align="right">0.9250</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">47,719</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">12,251</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">59,970</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Total
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">183,753</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">46,623</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">230,376</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">February 16, 2010
</div></td>
<td> </td>
<td colspan="3" align="center">February 26, 2010</td>
<td> </td>
<td align="left">$</td>
<td align="right">0.9375</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">48,425</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">12,543</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">60,968</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">May 17, 2010
</div></td>
<td> </td>
<td colspan="3" align="center">May 28, 2010</td>
<td> </td>
<td> </td>
<td align="right">0.9500</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">49,048</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">12,835</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">61,883</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">August 16, 2010
</div></td>
<td> </td>
<td colspan="3" align="center">August 31, 2010</td>
<td> </td>
<td> </td>
<td align="right">0.9625</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">49,778</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">13,121</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">62,899</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">November 15, 2010
</div></td>
<td> </td>
<td colspan="3" align="center" nowrap="nowrap">November 30, 2010</td>
<td> </td>
<td> </td>
<td align="right">0.9750</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">50,432</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">13,402</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">63,834</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Total
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">197,683</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">51,901</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">249,584</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div align="left">
<div style="font-size: 3pt; margin-top: 16pt; width: 18%; border-top: 1px solid #000000"> 
</div>
</div>
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; text-align: left">
<tr>
<td width="3%"></td>
<td width="1%"></td>
<td width="96%"></td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(1)</td>
<td> </td>
<td>Includes amounts paid to our general partner for its incentive distribution rights.</td>
</tr>
</table>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     Cash distributions paid to unitholders of BGH for the years ended December 31, 2010, 2009 and
2008 were as follows (in thousands, except per unit amounts):
</div>
<div align="center">
<table style="font-size: 10pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="64%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Amount Per</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Total Cash</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td nowrap="nowrap" align="left" style="border-bottom: 1px solid #000000"><b>Record Date</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>Payment Date</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>unit</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>Distributions</b></td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr valign="bottom"><!-- Blank Space -->
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">February 5, 2008
</div></td>
<td> </td>
<td colspan="3" align="center" nowrap="nowrap">February 29, 2008</td>
<td> </td>
<td align="left">$</td>
<td align="right">0.285</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">8,066</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">May 9, 2008
</div></td>
<td> </td>
<td colspan="3" align="center">May 30, 2008</td>
<td> </td>
<td> </td>
<td align="right">0.300</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">8,490</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">August 8, 2008
</div></td>
<td> </td>
<td colspan="3" align="center">August 29, 2008</td>
<td> </td>
<td> </td>
<td align="right">0.310</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">8,773</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">November 7, 2008
</div></td>
<td> </td>
<td colspan="3" align="center">November 28, 2008</td>
<td> </td>
<td> </td>
<td align="right">0.320</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">9,056</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Total
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">34,385</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">February 12, 2009
</div></td>
<td> </td>
<td colspan="3" align="center">February 27, 2009</td>
<td> </td>
<td align="left">$</td>
<td align="right">0.330</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">9,339</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">May 11, 2009
</div></td>
<td> </td>
<td colspan="3" align="center">May 29, 2009</td>
<td> </td>
<td> </td>
<td align="right">0.350</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">9,905</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">August 7, 2009
</div></td>
<td> </td>
<td colspan="3" align="center">August 31, 2009</td>
<td> </td>
<td> </td>
<td align="right">0.370</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">10,472</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">November 12, 2009
</div></td>
<td> </td>
<td colspan="3" align="center">November 30, 2009</td>
<td> </td>
<td> </td>
<td align="right">0.390</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">11,036</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Total
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">40,752</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">February 16, 2010
</div></td>
<td> </td>
<td colspan="3" align="center">February 26, 2010</td>
<td> </td>
<td align="left">$</td>
<td align="right">0.410</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">11,603</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">May 17, 2010
</div></td>
<td> </td>
<td colspan="3" align="center">May 28, 2010</td>
<td> </td>
<td> </td>
<td align="right">0.430</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">12,169</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">August 16, 2010
</div></td>
<td> </td>
<td colspan="3" align="center">August 31, 2010</td>
<td> </td>
<td> </td>
<td align="right">0.450</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">12,735</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">November 15, 2010
</div></td>
<td> </td>
<td colspan="3" align="center" nowrap="nowrap">November 30, 2010</td>
<td> </td>
<td> </td>
<td align="right">0.470</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">13,301</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Total
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">49,808</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
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</div>
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<div style="font-family: 'Times New Roman',Times,serif">
<div align="center" style="font-size: 10pt; margin-top: 0pt">
<b>
</b>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     On February 11, 2011, we announced a quarterly distribution of $0.9875 per LP Unit that is
payable on February 28, 2011, to Unitholders of record on February 21, 2011. Total cash
distributed to Unitholders on February 28, 2011 will be approximately $79.3 million.
</div>
</div>
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<!-- Begin Block Tagged Notefalsefalsefalsefalsefalse | Otherus-types:textBlockItemTypestringSchedule of payments of cash or stock or units made to members or limited partners of the LLC or LP during an accounting period.No authoritative reference available.falsefalse
12Partners' Capital and DistributionsUnKnownUnKnownUnKnownUnKnownfalsetrue