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Per Unit Data
9 Months Ended
Sep. 30, 2015
Per Unit Data  
Per Unit Data

4. Per Unit Data

            We determine basic earnings per unit based on the weighted average number of units outstanding during the period and we consider any participating securities for purposes of applying the two-class method. We determine diluted earnings per unit based on the weighted average number of units outstanding combined with the incremental weighted average units that would have been outstanding assuming all potentially dilutive securities were converted into units at the earliest date possible. The following table sets forth the computation of our basic and diluted earnings per unit.

                                                                                                                                                                                    

 

 

For the Three Months
Ended September 30,

 

For the Nine Months
Ended September 30,

 

 

 

2015

 

2014

 

2015

 

2014

 

Net Income attributable to Unitholders — Basic and Diluted

 

$

490,344 

 

$

294,900 

 

$

1,673,380 

 

$

1,169,875 

 

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Weighted Average Units Outstanding — Basic and Diluted

 

 

361,234,111 

 

 

363,645,178 

 

 

362,584,302 

 

 

363,421,835 

 

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            For the nine months ended September 30, 2015, potentially dilutive securities include long-term incentive performance units, or LTIP units. No securities had a dilutive effect for the three and nine months ended September 30, 2015 and 2014. We accrue distributions when they are declared.