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Net Income Per Common Unit
9 Months Ended
Sep. 30, 2023
Earnings Per Share [Abstract]  
Net Income Per Common Unit NET INCOME PER COMMON UNITThe following data was used in computing net income per common unit shown in the Company's consolidated statements of operations:
Three Months Ended
September 30,
Nine Months Ended
September 30,
2023202220232022
Net income$27,887 $36,428 $111,305 $133,082 
Net (income) loss attributable to noncontrolling interests in consolidated entities(2,315)(111)(1,737)(122)
Net income attributable to common unitholders25,572 36,317 109,568 132,960 
Effect of dilutive securities:
Interest expense from SPLP Preferred Units (a)
3,083 3,083 9,228 9,228 
Net income attributable to common unitholders – assuming dilution$28,655 $39,400 $118,796 $142,188 
Net income per common unit – basic
Net income attributable to common unitholders$1.20 $1.57 $5.10 $5.85 
Net income per common unit – diluted
Net income attributable to common unitholders$1.14 $1.45 $4.68 $5.26 
Denominator for net income per common unit – basic21,298,871 23,147,644 21,495,689 22,737,902 
Effect of dilutive securities:
Incentive Units154,078 191,080 153,063 220,240 
Unvested restricted common units24,341 104,396 19,340 156,494 
SPLP Preferred Units3,603,920 3,802,650 3,692,232 3,923,915 
Denominator for net income per common unit – diluted25,081,210 27,245,770 25,360,324 27,038,551 
(a)    Assumes the SPLP Preferred Units were redeemed in common units as described in Note 11 - "Capital and Accumulated Other Comprehensive Loss."