XML 45 R22.htm IDEA: XBRL DOCUMENT v2.4.0.8
Subsequent Events
3 Months Ended
Mar. 31, 2014
Subsequent Events [Abstract]  
Subsequent Events

16. Subsequent Events

The following represents material events that have occurred subsequent to March 31, 2014 through the time of the Partnership’s filing of this Quarterly Report on Form 10-Q with the Securities and Exchange Commission:

Distributions

On April 22, 2014, the Partnership declared a distribution of $0.35 per unit to be paid on May 14, 2014 to unitholders of record on May 5, 2014.

Distributions Received From Unconsolidated Equity and Other Investments

Subsequent to the end of the first quarter, the Partnership received $13.9 million in cash distributions from its equity investment in OCI Wyoming.

 

“At-the-Market” Program

As of the date of this filing, the Partnership had issued an additional 220,971 common units under the ATM program. Since the start of the ATM program in March 2014 through May 7, 2014, the Partnership has issued 564,306 common units, at an average price of $16.20, for total gross proceeds of $9.1 million, excluding our general partner’s capital contribution to maintain its 2% general partner interest in the Partnership.