Equity (Tables)

9 Months Ended

Dec. 31, 2019

Equity

Schedule of distributions declared

The following table summarizes distributions declared on our common units during the last four quarters:

Date Declared	Record Date	Payment Date	Amount Per Unit		Amount Paid/Payable to Limited Partners		Amount Paid/Payable to General Partner
					(in thousands)		(in thousands)
April 24, 2019	May 7, 2019	May 15, 2019	$	0.3900	$	49,127	$	85
July 23, 2019	August 7, 2019	August 14, 2019	$	0.3900	$	49,217	$	85
October 23, 2019	November 7, 2019	November 14, 2019	$	0.3900	$	49,936	$	86
January 23, 2020	February 7, 2020	February 14, 2020	$	0.3900	$	50,056	$	86

Service awards

Equity

Schedule of awards activity

The following table summarizes the Service Award activity during the nine months ended December 31, 2019:

Unvested Service Award units at March 31, 2019	2,308,400
Units granted	2,095,681
Units vested and issued	(2,470,756	)
Units forfeited	(152,425	)
Unvested Service Award units at December 31, 2019	1,780,900

Schedule of scheduled vesting of awards

The following table summarizes the scheduled vesting of our unvested Service Award units at December 31, 2019:

Fiscal Year Ending March 31,
2020 (three months)	443,725
2021	890,200
2022	446,975
Total	1,780,900

Schedule of estimated equity-based expense to be recorded on the awards granted

The following table summarizes the estimated future expense we expect to record on the unvested Service Award units at December 31, 2019 (in thousands):

Fiscal Year Ending March 31,
2020 (three months)	$	1,697
2021	4,640
2022	1,579
Total	$	7,916

Class B Perpetual Preferred Units

Equity

Schedule of distributions declared

The following table summarizes distributions declared on our Class B Preferred Units during the last four quarters:

					Amount Paid to Class B
Date Declared	Record Date	Payment Date	Amount Per Unit		Preferred Unitholders
					(in thousands)
March 15, 2019	April 1, 2019	April 15, 2019	$	0.5625	$	4,725
June 14, 2019	July 1, 2019	July 15, 2019	$	0.5625	$	4,725
September 16, 2019	October 1, 2019	October 15, 2019	$	0.5625	$	7,079
December 16, 2019	December 31, 2019	January 15, 2020	$	0.5625	$	7,079

Class C Perpetual Preferred Units

Equity

Schedule of distributions declared

The following table summarizes distributions declared on our Class C Preferred Units during the last three quarters:

					Amount Paid to Class C
Date Declared	Record Date	Payment Date	Amount Per Unit		Preferred Unitholders
					(in thousands)
June 14, 2019	July 1, 2019	July 15, 2019	$	0.5949	$	1,071
September 16, 2019	October 1, 2019	October 15, 2019	$	0.6016	$	1,083
December 16, 2019	December 31, 2019	January 15, 2020	$	0.6016	$	1,083

Class D Preferred Units

Equity

Schedule of distributions declared

The following table summarizes distributions declared on our Class D Preferred Units during the last two quarters:

					Amount Paid to Class D
Date Declared	Record Date	Payment Date	Amount Per Unit		Preferred Unitholders
					(in thousands)
October 23, 2019	November 7, 2019	November 14, 2019	$	11.25	$	4,450
January 23, 2020	February 7, 2020	February 14, 2020	$	11.25	$	6,075