Reconciliation Of Net Income And Weighted Average Units |
A reconciliation of income or loss and weighted average units used in computing basic and diluted income (loss) per unit is as follows: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | 2021 | | 2020 | | 2021 | | 2020 | Net income (loss) | $ | 907 | | | $ | (401) | | | $ | 5,456 | | | $ | (693) | | Less: Net income attributable to noncontrolling interests | 260 | | | 242 | | | 870 | | | 427 | | Less: Net income attributable to redeemable noncontrolling interests | 12 | | | 12 | | | 37 | | | 37 | | Net income (loss), net of noncontrolling interests | 635 | | | (655) | | | 4,549 | | | (1,157) | | Less: General Partner’s interest in income (loss) | 1 | | | — | | | 5 | | | (1) | | Less: Preferred Unitholders’ interest in income | 99 | | | — | | | 185 | | | — | | Income (loss) available to Limited Partners | $ | 535 | | | $ | (655) | | | $ | 4,359 | | | $ | (1,156) | | Basic Income (Loss) per Limited Partner Unit: | | | | | | | | Weighted average limited partner units | 2,705.2 | | | 2,696.6 | | | 2,704.0 | | | 2,694.4 | | Basic income (loss) per Limited Partner unit | $ | 0.20 | | | $ | (0.24) | | | $ | 1.61 | | | $ | (0.43) | | | | | | | | | | Diluted Income (Loss) per Limited Partner Unit: | | | | | | | | Income (loss) available to Limited Partners | $ | 535 | | | $ | (655) | | | $ | 4,359 | | | $ | (1,156) | | Dilutive effect of equity-based compensation of subsidiaries (1) | 1 | | | — | | | 2 | | | — | | Diluted income (loss) available to Limited Partners | $ | 534 | | | $ | (655) | | | $ | 4,357 | | | $ | (1,156) | | Weighted average limited partner units | 2,705.2 | | | 2,696.6 | | | 2,704.0 | | | 2,694.4 | | Dilutive effect of unvested unit awards (1) | 15.4 | | | — | | | 14.4 | | | — | | Weighted average limited partner units, assuming dilutive effect of unvested unit awards | 2,720.6 | | | 2,696.6 | | | 2,718.4 | | | 2,694.4 | | Diluted income (loss) per Limited Partner unit | $ | 0.20 | | | $ | (0.24) | | | $ | 1.60 | | | $ | (0.43) | | | | | | | | | |
(1)Dilutive effects are excluded from the calculation for periods where the impact would have been antidilutive.
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