Compensation Plans (Tables)

12 Months Ended

Dec. 31, 2023

Compensation Related Costs [Abstract]

Long-Term Incentive Compensation Plan Expense

The following table summarizes the outstanding LTIP awards as of December 31, 2023:

	Units Outstanding	Maximum Value		Inception to date earned through December 31, 2023 on outstanding units
2019 grant	194,000	$	19,400,000	$	19,400,000
2020 grant	205,500	20,550,000		20,071,041
2021 grant	212,250	21,225,000		17,575,043
2022 grant	233,250	23,325,000		12,238,628
2023 grant	245,500	24,550,000		5,423,639

The following table summarizes the LTIP expense for each of the three years ended December 31, 2023:

(In thousands)	2023		2022		2021
2016 grant	$	—	$	—	$	(117)
2017 grant	—		—		6,012
2018 grant	(125)		4,299		5,503
2019 grant	3,366		6,904		5,309
2020 grant	7,047		6,653		5,065
2021 grant	6,561		6,574		4,906
2022 grant	6,155		6,232		—
2023 grant	5,424		—		—
Total	$	28,428	$	30,662	$	26,678