Annual report pursuant to Section 13 and 15(d)

Partnership Equity and Distributions (Tables)

v3.8.0.1
Partnership Equity and Distributions (Tables)
12 Months Ended
Dec. 31, 2017
Partnership Equity and Distributions  
Summary of percentage allocations for distributions

 

 

 

 

 

 

 

 

Marginal Percentage

 

 

 

Interest in

 

 

 

Distributions

 

Total Quarterly Distribution

 

 

 

Holders of

 

Target Amount

    

Unitholders

    

IDRs

 

above $0.1955 up to $0.2125

    

85

%  

15

%

above $0.2125 up to $0.2550

 

75

%  

25

%

above $0.2550

 

50

%  

50

%

 

Summary of quarterly cash distribution to partners

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions

 

 

 

 

 

 

 

 

 

Limited Partners

 

 

 

 

 

 

 

 

 

Quarter
and
Year

    

Record Date

    

Distribution Date

    

Common
unitholders

    

Subordinated
unitholders

    

Holder of IDRs

    

Total

  

Distributions
per limited
partner unit

Q4 2015

 

February 15, 2016

 

February 29, 2016

 

$

22,048

 

 

16,708

 

 

969

 

 

39,725

 

$

0.2200

Q1 2016

 

May 11, 2016

 

May 25, 2016

 

 

23,556

 

 

17,846

 

 

1,850

 

 

43,252

 

 

0.2350

Q2 2016

 

August 10, 2016

 

August 24, 2016

 

 

25,059

 

 

18,985

 

 

2,731

 

 

46,775

 

 

0.2500

Q3 2016

 

November 10, 2016

 

November 24, 2016

 

 

26,901

 

 

20,124

 

 

4,820

 

 

51,845

 

 

0.2650

*

 

November 12, 2016

 

November 18, 2016

 

 

849

 

 

 —

 

 

 —

 

 

849

 

 

*

 

 

Total 2016

 

 

 

$

98,413

 

 

73,663

 

 

10,370

 

 

182,446

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Q4 2016

 

February 1, 2017

 

February 8, 2017

 

$

50,090

 

 

 —

 

 

7,543

 

 

57,633

 

$

0.2800

*

 

April 21, 2017

 

April 30, 2017

 

 

75

 

 

 —

 

 

 —

 

 

75

 

 

*

Q1 2017

 

May 3, 2017

 

May 10, 2017

 

 

55,753

 

 

 —

 

 

11,553

 

 

67,306

 

 

0.3000

Q2 2017

 

August 3, 2017

 

August 16, 2017

 

 

59,695

 

 

 —

 

 

15,328

 

 

75,023

 

 

0.3200

Q3 2017

 

November 1, 2017

 

November 16, 2017

 

 

63,454

 

 

 —

 

 

19,067

 

 

82,521

 

 

0.3400

*

 

November 12, 2017

 

November 17, 2017

 

 

1,392

 

 

 —

 

 

 —

 

 

1,392

 

 

*

 

 

Total 2017

 

 

 

$

230,459

 

 

 -

 

 

53,491

 

 

283,950

 

 

 


*Distribution equivalent rights on limited partner common units that vested under the Midstream LTIP.