Summary of Significant Accounting Policies (Tables)
|
12 Months Ended |
Dec. 31, 2020 |
Concentration Risk [Line Items] |
|
Schedule of credit loss allowance included in accounts receivable |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | Write-offs | | | | | | | | | | | | | Balance at | | Current | | Charged | | | | | | | | Balance | | | | Beginning | | Period | | Against Allowance | | Recoveries | | Other | | at End | | Description | | of Period | | Provision | | for Credit Losses | | Collected | | Adjustment | | of Period | | Year ended December 31, 2020 | | | | | | | | | | | | | | | | | | | | Credit loss allowance—accounts receivable | | $ | 2,729 | | $ | 710 | | $ | (1,054) | | $ | 170 | | $ | — | | $ | 2,555 | | Year ended December 31, 2019 | | | | | | | | | | | | | | | | | | | | Credit loss allowance—accounts receivable | | $ | 2,433 | | $ | 177 | | $ | (388) | | $ | 507 | | $ | — | | $ | 2,729 | | Year ended December 31, 2018 | | | | | | | | | | | | | | | | | | | | Credit loss allowance—accounts receivable | | $ | 4,605 | | $ | 754 | | $ | (2,947) | | $ | — | | $ | 21 | | $ | 2,433 | |
|
Schedule of inventories (in thousands) |
| | | | | | | | | | 2020 | | 2019 | | Distillates: home heating oil, diesel and kerosene | | $ | 206,177 | | $ | 222,202 | | Gasoline | | | 98,747 | | | 120,958 | | Gasoline blendstocks | | | 27,468 | | | 39,702 | | Crude oil | | | 6,181 | | | 16,018 | | Residual oil | | | 21,159 | | | 26,521 | | Propane and other | | | 39 | | | 1,356 | | Renewable identification numbers (RINs) | | | 2,332 | | | 1,329 | | Convenience store inventory | | | 22,329 | | | 22,396 | | Total | | $ | 384,432 | | $ | 450,482 | |
|
Schedule of estimated useful lives of property and equipment |
| | | | | Gasoline station buildings, improvements and storage tanks | | 15-25 | years | | Buildings, docks, terminal facilities and improvements | | 5-25 | years | | Gasoline station equipment | | 7 | years | | Fixtures, equipment and capitalized internal use software | | 3-7 | years | |
|
Schedule of original contracted terms for operating leases |
| | | | | Gasoline station and convenience store leases | | 1-20 | years | | Terminal lease arrangements | | 1-5 | years | | Dedicated storage facility leases | | 1-5 | years | | Barge and railcar equipment leases | | 1-10 | years | | Office space leases | | 1-12 | years | | Computer equipment, convenience store equipment and automobile leases | | 1-5 | years | |
|
Reconciliation of net income and the assumed allocation of net income to the limited partners' interest for purposes of computing net income per limited partner unit (in thousands, except per unit data) |
| | | | | | | | | | | | | | | | Year Ended December 31, 2020 | | | | | | | Common | | General | | | | | | | | | | Limited | | Partner | | | | | Numerator: | | Total | | Partners | | Interest | | IDRs | | Net income attributable to Global Partners LP | | $ | 102,210 | | $ | 100,811 | | $ | 1,399 | | $ | — | | Declared distribution | | $ | 65,823 | | $ | 64,676 | | $ | 433 | | $ | 714 | | Assumed allocation of undistributed net income | | | 36,387 | | | 36,135 | | | 252 | | | — | | Assumed allocation of net income | | $ | 102,210 | | $ | 100,811 | | $ | 685 | | $ | 714 | | Less net income attributable to Series A preferred limited partners | | | | | | 6,728 | | | | | | | | Net income attributable to common limited partners | | | | | $ | 94,083 | | | | | | | | Denominator: | | | | | | | | | | | | | | Basic weighted average common units outstanding | | | | | | 33,907 | | | | | | | | Dilutive effect of phantom units | | | | | | 401 | | | | | | | | Diluted weighted average common units outstanding | | | | | | 34,308 | | | | | | | | Basic net income per common limited partner unit | | | | | $ | 2.77 | | | | | | | | Diluted net income per common limited partner unit | | | | | $ | 2.74 | | | | | | | |
| | | | | | | | | | | | | | | Year Ended December 31, 2019 | | | | | | Common | | General | | | | | | | | | Limited | | Partner | | | | Numerator: | | Total | | Partners | | Interest | | IDRs | Net income attributable to Global Partners LP | | $ | 35,867 | | $ | 34,488 | | $ | 1,379 | | $ | — | Declared distribution | | $ | 71,988 | | $ | 70,372 | | $ | 477 | | $ | 1,139 | Assumed allocation of undistributed net loss | | | (36,121) | | | (35,884) | | | (237) | | | — | Assumed allocation of net income | | $ | 35,867 | | $ | 34,488 | | $ | 240 | | $ | 1,139 | Less net income attributable to Series A preferred limited partners | | | | | | 6,728 | | | | | | | Net income attributable to common limited partners | | | | | $ | 27,760 | | | | | | | Denominator: | | | | | | | | | | | | | Basic weighted average common units outstanding | | | | | | 33,810 | | | | | | | Dilutive effect of phantom units | | | | | | 529 | | | | | | | Diluted weighted average common units outstanding | | | | | | 34,339 | | | | | | | Basic net income per common limited partner unit | | | | | $ | 0.82 | | | | | | | Diluted net income per common limited partner unit | | | | | $ | 0.81 | | | | | | |
| | | | | | | | | | | | | | | Year Ended December 31, 2018 | | | | | | Common | | General | | | | | | | | | Limited | | Partner | | | | Numerator: | | Total | | Partners | | Interest | | IDRs | Net income attributable to Global Partners LP | | $ | 103,905 | | $ | 102,872 | | $ | 1,033 | | $ | — | Declared distribution | | $ | 65,794 | | $ | 65,019 | | $ | 439 | | $ | 336 | Assumed allocation of undistributed net income | | | 38,111 | | | 37,853 | | | 258 | | | — | Assumed allocation of net income | | $ | 103,905 | | $ | 102,872 | | $ | 697 | | $ | 336 | Less net income attributable to Series A preferred limited partners | | | | | | 2,691 | | | | | | | Net income attributable to common limited partners | | | | | $ | 100,181 | | | | | | | Denominator: | | | | | | | | | | | | | Basic weighted average common units outstanding | | | | | | 33,701 | | | | | | | Dilutive effect of phantom units | | | | | | 271 | | | | | | | Diluted weighted average common units outstanding | | | | | | 33,972 | | | | | | | Basic net income per common limited partner unit | | | | | $ | 2.97 | | | | | | | Diluted net income per common limited partner unit | | | | | $ | 2.95 | | | | | | |
|
Sales Revenue |
|
Concentration Risk [Line Items] |
|
Schedule of concentration of risk as percentage of consolidated amount |
| | | | | | | | | | 2020 | | 2019 | | 2018 | | Gasoline sales: gasoline and gasoline blendstocks (such as ethanol) | | 70 | % | 75 | % | 74 | % | Distillates (home heating oil, diesel and kerosene), residual oil and propane sales | | 24 | % | 21 | % | 22 | % | Crude oil sales and crude oil logistics revenue | | 1 | % | 1 | % | 1 | % | Convenience store sales, rental income and sundries | | 5 | % | 3 | % | 3 | % | Total | | 100 | % | 100 | % | 100 | % |
|
Product Margin [Member] |
|
Concentration Risk [Line Items] |
|
Schedule of concentration of risk as percentage of consolidated amount |
| | | | | | | | | | 2020 | | 2019 | | 2018 | | Wholesale segment | | 23 | % | 16 | % | 19 | % | Gasoline Distribution and Station Operations segment | | 75 | % | 80 | % | 78 | % | Commercial segment | | 2 | % | 4 | % | 3 | % | Total | | 100 | % | 100 | % | 100 | % |
|
Common Limited Partners |
|
Concentration Risk [Line Items] |
|
Schedule of quarterly cash distributions |
| | | | | | | | | | Per Unit Cash | | | Distribution Declared for the | | Cash Distribution Declaration Date | | Distribution Declared | | | Quarterly Period Ended | | April 27, 2020 | | $ | 0.39375 | | | March 31, 2020 | | July 31, 2020 | | $ | 0.45875 | | | June 30, 2020 | | October 26, 2020 | | $ | 0.50000 | | | September 30, 2020 | | January 26, 2021 | | $ | 0.55000 | | | December 31, 2020 | |
|
Series A Preferred Limited Partners |
|
Concentration Risk [Line Items] |
|
Schedule of quarterly cash distributions |
| | | | | | | | | | Per Unit Cash | | | Distribution Declared for the | | Cash Distribution Declaration Date | | Distribution Declared | | | Quarterly Period Covering | | April 16, 2020 | | $ | 0.609375 | | | February 15, 2020 - May 14, 2020 | | July 20, 2020 | | $ | 0.609375 | | | May 15, 2020 - August 14, 2020 | | October 19, 2020 | | $ | 0.609375 | | | August 15, 2020 - November 14, 2020 | | January 19, 2021 | | $ | 0.609375 | | | November 15, 2020 - February 14, 2021 | |
|