CrossAmerica Partners (CAPL) 10-Q 7 Aug 24 2024 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2024	Aug. 02, 2024
Cover [Abstract]
Entity Registrant Name	CROSSAMERICA PARTNERS LP
Entity Central Index Key	0001538849
Document Type	10-Q
Document Period End Date	Jun. 30, 2024
Amendment Flag	false
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q2
Trading Symbol	CAPL
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Common Stock, Shares Outstanding		38,046,688
Entity Interactive Data Current	Yes
Entity Shell Company	false
Title of 12(b) Security	Common Units
Security Exchange Name	NYSE
Entity File Number	001-35711
Entity Tax Identification Number	45-4165414
Entity Address, Address Line One	645 Hamilton Street
Entity Address, Address Line Two	Suite 400
Entity Address, City or Town	Allentown
Entity Address, State or Province	PA
Entity Address, Postal Zip Code	18101
City Area Code	610
Local Phone Number	625-8000
Document Quarterly Report	true
Document Transition Report	false
Entity Incorporation, State or Country Code	DE

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 5,490	$ 4,990
Accounts receivable, net of allowances of $755 and $709, respectively	38,931	31,185
Accounts receivable from related parties	88	437
Inventory	63,583	52,344
Assets held for sale	2,486	400
Current portion of interest rate swap contracts	6,478	9,321
Other current assets	8,499	9,845
Total current assets	125,555	108,522
Property and equipment, net	685,306	705,217
Right-of-use assets, net	142,126	148,317
Intangible assets, net	85,819	95,261
Goodwill	99,409	99,409
Deferred tax assets	818	759
Interest rate swap contracts, less current portion	4,873	687
Other assets	20,767	23,510
Total assets	1,164,673	1,181,682
Current liabilities:
Current portion of debt and finance lease obligations	3,183	3,083
Current portion of operating lease obligations	35,259	34,787
Accounts payable	75,281	68,986
Accounts payable to related parties	7,551	10,180
Accrued expenses and other current liabilities	24,298	23,674
Motor fuel and sales taxes payable	19,821	20,386
Total current liabilities	165,393	161,096
Debt and finance lease obligations, less current portion	786,674	753,880
Operating lease obligations, less current portion	111,946	118,723
Deferred tax liabilities, net	7,877	12,919
Asset retirement obligations	48,607	47,844
Interest rate swap contracts	430	3,535
Other long-term liabilities	51,925	52,934
Total liabilities	1,172,852	1,150,931
Commitments and contingencies (Note 11)
Preferred membership interests	29,073	27,744
Equity:
Common units - 38,027,194 and 37,983,154 units issued and outstanding at June 30, 2024 and December 31, 2023, respectively	(47,893)	(2,392)
Accumulated other comprehensive income	10,641	5,399
Total (deficit) equity	(37,252)	3,007
Total liabilities and equity	$ 1,164,673	$ 1,181,682

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Statement of Financial Position [Abstract]
Account receivable allowance	$ 755	$ 709
Shares issued	38,027,194	37,983,154
Shares outstanding	38,027,194	37,983,154

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Income Statement [Abstract]
Operating revenues	$ 1,133,355	$ 1,145,396	$ 2,074,903	$ 2,161,555
Costs of sales	1,028,593	1,047,672	1,888,793	1,981,772
Gross profit	104,762	97,724	186,110	179,783
Operating expenses:
Operating expenses	55,825	49,798	107,853	95,421
General and administrative expenses	7,892	7,475	14,730	13,214
Depreciation, amortization and accretion expense	18,446	19,298	37,167	39,118
Total operating expenses	82,163	76,571	159,750	147,753
Gain (loss) on dispositions and lease terminations, net	5,578	6,700	(11,228)	4,933
Operating income	28,177	27,853	15,132	36,963
Other income, net	158	163	407	424
Interest expense	(14,208)	(10,683)	(24,749)	(22,695)
Income (loss) before income taxes	14,127	17,333	(9,210)	14,692
Income tax expense (benefit)	1,703	2,797	(4,094)	1,135
Net income (loss)	12,424	14,536	(5,116)	13,557
Accretion of preferred membership interests	672	615	1,329	1,216
Net income (loss) available to limited partners	$ 11,752	$ 13,921	$ (6,445)	$ 12,341
Earnings (loss) Per Share
Earnings (loss) per common unit, basic	$ 0.31	$ 0.37	$ (0.17)	$ 0.33
Earnings (loss) per common unit, diluted	$ 0.31	$ 0.36	$ (0.17)	$ 0.32
Weighted-average common units, basic	38,027,194	37,952,950	38,010,739	37,946,676
Weighted-average common units, diluted	38,199,490	38,150,236	38,010,739	38,143,697
Supplemental information:
(a) includes excise taxes of:	$ 82,394	$ 76,191	$ 153,106	$ 146,075
(a) includes rent income of:	17,855	20,523	37,021	41,843
(b) excludes depreciation, amortization and accretion and includes rent expense of:	5,192	5,658	10,611	11,212
(c) includes rent expense of:	$ 4,497	$ 3,911	$ 8,439	$ 7,709

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Cash flows from operating activities:
Net (loss) income	$ (5,116)	$ 13,557
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation, amortization and accretion expense	37,167	39,118
Amortization of deferred financing costs	968	2,325
Credit loss expense	81	37
Deferred income tax (benefit) expense	(5,100)	582
Equity-based employee and director compensation expense	574	1,123
Loss (gain) on dispositions and lease terminations, net	11,228	(4,933)
Changes in operating assets and liabilities, net of acquisitions	(5,079)	(4,546)
Net cash provided by operating activities	34,723	47,263
Cash flows from investing activities:
Principal payments received on notes receivable	81	107
Proceeds from sale of assets	10,733	4,533
Capital expenditures	(11,411)	(11,328)
Lease terminations payments to Applegreen, including inventory purchases	(25,517)
Net cash used in investing activities	(26,114)	(6,688)
Cash flows from financing activities:
Borrowings under revolving credit facilities	70,013	205,900
Repayments on revolving credit facilities	(36,500)	(50,546)
Repayments on the Term Loan Facility		(158,980)
Payments of finance lease obligations	(1,513)	(1,417)
Payments of deferred financing costs	(74)	(7,022)
Distributions paid on distribution equivalent rights	(130)	(111)
Income tax distributions paid on preferred membership interests		(119)
Distributions paid on common units	(39,905)	(39,843)
Net cash used in financing activities	(8,109)	(52,138)
Net increase (decrease) in cash and cash equivalents	500	(11,563)
Cash and cash equivalents at beginning of period	4,990	16,054
Cash and cash equivalents at end of period	$ 5,490	$ 4,491

Consolidated Statements of Equi

Consolidated Statements of Equity and Comprehensive Income - USD ($) $ in Thousands	Total	Common units-public [Member]	Accumulated Other Comprehensive Loss [Member]
Balance at Dec. 31, 2022	$ 52,977	$ 36,508	$ 16,469
Balance, Common Units at Dec. 31, 2022		37,937,604
Net income (loss)	(979)	$ (979)
Other comprehensive Income
Unrealized gain on interest rate swap contracts	137		137
Realized gain on interest rate swap contracts reclassified from AOCI into interest expense	(3,055)		(3,055)
Total other comprehensive income (loss)	(2,918)		(2,918)
Comprehensive (loss) income	(3,897)	(979)	(2,918)
Issuance of units related to Bonus Plan	322	$ 322
Issuance of units related to Bonus Plan, Units		15,346
Accretion of preferred membership interests	(601)	$ (601)
Distributions paid	(19,974)	(19,974)
Balance at Mar. 31, 2023	28,827	$ 15,276	13,551
Balance, Common Units at Mar. 31, 2023		37,952,950
Balance at Dec. 31, 2022	52,977	$ 36,508	16,469
Balance, Common Units at Dec. 31, 2022		37,937,604
Net income (loss)	13,557
Other comprehensive Income
Accretion of preferred membership interests	(1,216)
Balance at Jun. 30, 2023	28,344	$ 9,217	19,127
Balance, Common Units at Jun. 30, 2023		37,952,950
Balance at Mar. 31, 2023	28,827	$ 15,276	13,551
Balance, Common Units at Mar. 31, 2023		37,952,950
Net income (loss)	14,536	$ 14,536
Other comprehensive Income
Unrealized gain on interest rate swap contracts	9,898		9,898
Realized gain on interest rate swap contracts reclassified from AOCI into interest expense	(4,322)		(4,322)
Total other comprehensive income (loss)	5,576		5,576
Comprehensive (loss) income	20,112	14,536	5,576
Accretion of preferred membership interests	(615)	(615)
Distributions paid	(19,980)	(19,980)
Balance at Jun. 30, 2023	28,344	$ 9,217	19,127
Balance, Common Units at Jun. 30, 2023		37,952,950
Balance at Dec. 31, 2023	3,007	$ (2,392)	5,399
Balance, Common Units at Dec. 31, 2023		37,983,154
Net income (loss)	(17,540)	$ (17,540)
Other comprehensive Income
Unrealized gain on interest rate swap contracts	9,131		9,131
Realized gain on interest rate swap contracts reclassified from AOCI into interest expense	(5,133)		(5,133)
Total other comprehensive income (loss)	3,998		3,998
Comprehensive (loss) income	(13,542)	(17,540)	3,998
Issuance of units related to Bonus Plan	381	$ 381
Issuance of units related to Bonus Plan, Units		17,136
Vesting of equity awards, net of units withheld for taxes	598	$ 598
Vesting of equity awards, net of units withheld for tax, Units		26,904
Accretion of preferred membership interests	(657)	$ (657)
Distributions paid	(20,006)	20,006
Balance at Mar. 31, 2024	(30,219)	$ (39,616)	9,397
Balance, Common Units at Mar. 31, 2024		38,027,194
Balance at Dec. 31, 2023	3,007	$ (2,392)	5,399
Balance, Common Units at Dec. 31, 2023		37,983,154
Net income (loss)	(5,116)
Other comprehensive Income
Accretion of preferred membership interests	(1,329)
Balance at Jun. 30, 2024	(37,252)	$ (47,893)	10,641
Balance, Common Units at Jun. 30, 2024		38,027,194
Balance at Mar. 31, 2024	(30,219)	$ (39,616)	9,397
Balance, Common Units at Mar. 31, 2024		38,027,194
Net income (loss)	12,424	$ 12,424
Other comprehensive Income
Unrealized gain on interest rate swap contracts	3,185		3,185
Realized gain on interest rate swap contracts reclassified from AOCI into interest expense	(1,941)		(1,941)
Total other comprehensive income (loss)	1,244		1,244
Comprehensive (loss) income	13,668	12,424	1,244
Accretion of preferred membership interests	(672)	(672)
Distributions paid	(20,029)	(20,029)
Balance at Jun. 30, 2024	$ (37,252)	$ (47,893)	$ 10,641
Balance, Common Units at Jun. 30, 2024		38,027,194

Description of Business and Oth

Description of Business and Other Disclosures	6 Months Ended
	Jun. 30, 2024
Accounting Policies [Abstract]
Description of Business and Other Disclosures	Note 1. DESCRIPTION OF BUSINESS AND OTHER DISCLOSURES Our business consists of: • the wholesale distribution of motor fuels; • the owning or leasing of sites used in the retail distribution of motor fuels and, in turn, generating rental income from the lease or sublease of the sites; • the retail sale of motor fuels to end customers at retail sites operated by commission agents and ourselves; and • the operation of retail sites, including the sale of convenience merchandise to end customers. Interim Financial Statements These unaudited condensed consolidated financial statements have been prepared in accordance with U.S. GAAP for interim financial information and with the instructions to Form 10-Q and the Exchange Act. Accordingly, they do not include all of the information and notes required by U.S. GAAP for complete financial statements. In the opinion of management, all adjustments considered necessary for a fair presentation have been included. All such adjustments are of a normal recurring nature unless disclosed otherwise. Management believes that the disclosures made are adequate to keep the information presented from being misleading. The financial statements contained herein should be read in conjunction with the consolidated financial statements and notes thereto included in our Form 10-K. Financial information as of June 30, 2024 and for the three and six months ended June 30, 2024 and 2023 included in the consolidated financial statements has been derived from our unaudited financial statements. Financial information as of December 31, 2023 has been derived from our audited financial statements and notes thereto as of that date. Operating results for the three and six months ended June 30, 2024 are not necessarily indicative of the results that may be expected for the year ending December 31, 2024. Our business exhibits seasonality due to our wholesale and retail sites being located in certain geographic areas that are affected by seasonal weather and temperature trends and associated changes in retail customer activity during different seasons. Historically, sales volumes have been highest in the second and third quarters (during the summer activity months) and lowest during the winter months in the first and fourth quarters. Use of Estimates The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results and outcomes could differ from those estimates and assumptions. On an ongoing basis, management reviews its estimates based on currently available information. Changes in facts and circumstances could result in revised estimates and assumptions. Recently Adopted Accounting Pronouncements Segment Reporting In November 2023, the FASB issued ASU 2023-07, "Improvements in Reportable Segment Disclosures." The amendments in this new guidance improve reportable segment disclosure requirements, primarily through enhanced disclosures about significant segment expenses. These new disclosures will be required in our Annual Report on Form 10-K for the year ending December 31, 2024 and interim and annual reports thereafter. Although we do not anticipate the impact of adopting this guidance will be material, it will affect our disclosures related to our reportable segments starting in our Annual Report on Form 10-K for the year ending December 31, 2024. Income Taxes In December 2023, the FASB issued ASU 2023-09, “Improvements to Income Tax Disclosures.” The amendments in this new guidance require that public business entities on an annual basis (1) disclose specific categories in the rate reconciliation and (2) provide additional information for reconciling items that meet a quantitative threshold. This new guidance also requires certain new disclosures such as income taxes paid disaggregated by federal, state and foreign taxes and further disaggregated by individual jurisdictions in which income taxes paid exceeds a quantitative threshold. This new guidance also eliminates certain previously required disclosures. We will adopt this new guidance effective January 1, 2025. Although we do not anticipate the impact of adopting this guidance will be material, it will affect our disclosures related to income taxes. Certain other new accounting pronouncements have become effective for our financial statements during 2024, but the adoption of these pronouncements did not materially impact our financial position, results of operations or disclosures. Concentration Risk For the six months ended June 30, 2024 and 2023, respectively, we purchased approximately 81 % and 80 % of our motor fuel from four suppliers. Approximately 23 % of our motor fuel gallons sold for each of the six months ended June 30, 2024 and 2023 were delivered by two carriers. For the six months ended June 30, 2024 and 2023, respectively, approximately 18 % and 29 % of our rent income was from five multi-site operators. For the six months ended June 30, 2024 and 2023, respectively, approximately 49 % and 47 % of our merchandise was purchased from one supplier.

Applegreen Acquisition And Leas

Applegreen Acquisition And Lease Termination	6 Months Ended
	Jun. 30, 2024
Business Combinations [Abstract]
Applegreen Acquisition And Lease Termination	Note 2. APPLEGREEN ACQUISITION AND LEASE TERMINATION On January 26, 2024, we entered into an agreement (the “Applegreen Purchase Agreement”) to acquire certain assets from Applegreen Midwest, LLC and Applegreen Florida, LLC (collectively, the “Sellers”) (the “Applegreen Acquisition”). The assets were acquired via the termination of the Partnership’s existing lease agreements with the Sellers at 59 locations, for total consideration of $ 16.9 million. The transaction closed on a rolling basis by site beginning during the first quarter of 2024 and ending in April 2024. The Partnership also acquired for cash the inventory at the locations. The terms of the Partnership’s leases with Applegreen Midwest, LLC and Applegreen Florida, LLC could have been extended to 2049 and 2048, respectively, including all renewal options. The Applegreen Purchase Agreement contains customary representations and warranties of the parties as well as indemnification obligations by the Sellers and the Partnership, respectively, to each other. Of the 59 locations, 31 locations converted during the first quarter of 2024 and the remaining locations converted in April 2024. This transaction resulted in the transition of these lessee dealer sites to company operated sites. During the six months ended June 30, 2024, we paid $ 25.5 million of cash and recorded a non-cash write-off of deferred rent income of $ 1.5 million. We recorded these transactions as follows (in thousands): Cash consideration Lease termination payments $ 16,983 Inventory purchases 8,534 Total cash paid 25,517 Inventory 8,534 Equipment 2,530 Loss on lease termination 14,453 Non-cash write-off of deferred rent income 1,515 Total loss on lease termination $ 15,968

Assets Held for Sale

Assets Held for Sale	6 Months Ended
	Jun. 30, 2024
Property, Plant and Equipment Assets Held-for-Sale Disclosure [Abstract]
Assets Held for Sale	Note 3. ASSETS HELD FOR SALE We have classified seven sites and two sites as held for sale at June 30, 2024 and December 31, 2023, respectively, which are expected to be sold within one year of such classification. Assets held for sale were as follows (in thousands): June 30, December 31, 2024 2023 Land $ 1,656 $ 240 Buildings and site improvements 1,200 380 Equipment 1,387 418 Total 4,243 1,038 Less accumulated depreciation ( 1,757 ) ( 638 ) Assets held for sale $ 2,486 $ 400 The Partnership has continued to focus on divesting lower performing assets. During the three and six months ended June 30, 2024, we sold ten sites for $ 11.9 million in proceeds (which includes $ 1.3 million of proceeds initially placed in a Section 1031 exchange escrow account), resulting in a net gain of $ 6.5 million. During the three and six months ended June 30, 2023, we sold six and seven properties for $ 7.8 million and $ 8.2 million in proceeds (both of which include $ 3.8 million of proceeds initially placed in a Section 1031 exchange escrow account), resulting in net gains of $ 6.1 million and $ 6.2 million, respectively. See Note 5 for information regarding impairment charges primarily recorded upon classifying sites within assets held for sale.

Inventory

Inventory	6 Months Ended
	Jun. 30, 2024
Inventory Disclosure [Abstract]
Inventory	Note 4. INVENTORY Inventory consisted of the following (in thousands): June 30, December 31, 2024 2023 Merchandise $ 34,471 $ 26,081 Motor fuel 29,112 26,263 Inventory $ 63,583 $ 52,344 See Notes 2 and 15 for information regarding the Applegreen Acquisition and other conversions of lessee dealer sites to company operated sites, which caused a significant portion of the increase in inventory.

Property and Equipment

Property and Equipment	6 Months Ended
	Jun. 30, 2024
Property, Plant and Equipment [Abstract]
Property and Equipment	Note 5. PROPERTY AND EQUIPMENT Property and equipment, net consisted of the following (in thousands): June 30, December 31, 2024 2023 Land $ 322,485 $ 326,571 Buildings and site improvements 362,180 365,528 Leasehold improvements 17,023 16,434 Equipment 360,434 356,160 Construction in progress 8,969 4,462 Property and equipment, at cost 1,071,091 1,069,155 Accumulated depreciation and amortization ( 385,785 ) ( 363,938 ) Property and equipment, net $ 685,306 $ 705,217 We recorded impairment charges of $ 0.2 million and $ 0.4 million during the three months ended June 30, 2024 and 2023, and $ 0.5 million and $ 0.8 million during the six months ended June 30, 2024 and 2023, respectively, included within depreciation, amortization and accretion expenses on the statements of operations. These impairment charges were primarily related to sites initially classified within assets held for sale in connection with our ongoing real estate rationalization effort.

Intangible Assets

Intangible Assets	6 Months Ended
	Jun. 30, 2024
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Intangible Assets	Note 6. INTANGIBLE ASSETS Intangible assets consisted of the following (in thousands): June 30, 2024 December 31, 2023 Gross Accumulated Net Gross Accumulated Net Wholesale fuel supply contracts/rights $ 194,626 $ 110,263 $ 84,363 $ 234,501 $ 140,714 $ 93,787 Trademarks/licenses 2,133 814 1,319 2,078 761 1,317 Covenant not to compete 200 63 137 200 43 157 Total intangible assets $ 196,959 $ 111,140 $ 85,819 $ 236,779 $ 141,518 $ 95,261

Debt

Debt	6 Months Ended
	Jun. 30, 2024
Debt Disclosure [Abstract]
Debt	Note 7. DEBT Our balances for long-term debt and finance lease obligations were as follows (in thousands): June 30, December 31, 2024 2023 CAPL Credit Facility $ 789,513 $ 756,000 Finance lease obligations 9,552 11,064 Total debt and finance lease obligations 799,065 767,064 Current portion 3,183 3,083 Noncurrent portion 795,882 763,981 Deferred financing costs, net 9,208 10,101 Noncurrent portion, net of deferred financing costs $ 786,674 $ 753,880 The CAPL Credit Facility is a $ 925 million revolving credit facility maturing March 31, 2028 that is secured by substantially all of the Partnership’s assets. Letters of credit outstanding totaled $ 5.3 million and $ 4.5 million at June 30, 2024 and December 31, 2023, respectively. Taking the interest rate swap contracts into account, the effective interest rate on our CAPL Credit Facility at June 30, 2024 was 6.7 % (our applicable margin was 2.25 % as of June 30, 2024). See Note 8 for additional information on our interest rate swap contracts. The CAPL Credit Facility contains certain financial covenants. The Partnership is required to maintain a Consolidated Leverage Ratio (as defined in the CAPL Credit Facility) of (i) for each fiscal quarter ending March 31, 2024, June 30, 2024 and September 30, 2024, not greater than 5.00 to 1.00 , and (ii) for each fiscal quarter ending December 31, 2024 and thereafter, not greater than 4.75 to 1.00 . For the quarter during a Specified Acquisition Period (as defined in the CAPL Credit Facility), such threshold will be increased by increasing the numerator thereof by 0.5 , but such numerator may not exceed 5.25 to 1.00 . Upon the occurrence of a Qualified Note Offering (as defined in the CAPL Credit Facility), the Consolidated Leverage Ratio threshold when not in a Specified Acquisition Period is increased to 5.25 to 1.00 , while the Specified Acquisition Period threshold is 5.50 to 1.00 . Upon the occurrence of a Qualified Note Offering, the Partnership is also required to maintain a Consolidated Senior Secured Leverage Ratio (as defined in the CAPL Credit Facility) for the most recently completed four fiscal quarter period of not greater than 3.75 to 1.00 . Such threshold is increased to 4.00 to 1.00 for the quarter during a Specified Acquisition Period. The Partnership is also required to maintain a Consolidated Interest Coverage Ratio (as defined in the CAPL Credit Facility) of at least 2.50 to 1.00. On February 20, 2024, in connection with our Applegreen Acquisition, we entered into an amendment (the “Amendment”) to the CAPL Credit Facility. The Amendment, among other things, modified the definition of Consolidated EBITDA contained in the Credit Agreement to permit the full addback of certain lease termination expenses incurred in connection with the Applegreen Acquisition and the addback of other lease termination expenses incurred in connection with future transactions, subject to certain terms and conditions. As of June 30, 2024, we were in compliance with our financial covenants under the CAPL Credit Facility. The amount of availability under the CAPL Credit Facility at June 30, 2024, after taking into consideration debt covenant restrictions, was $ 111 million. In connection with amending the CAPL Credit Facility and terminating the JKM Credit Facility in March 2023, the Partnership wrote off $ 1.1 million of deferred financing costs in the first quarter of 2023.

Interest Rate Swap Contracts

Interest Rate Swap Contracts	6 Months Ended
	Jun. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Interest Rate Swap Contracts	Note 8. INTEREST RATE SWAP CONTRACTS During 2024, we held the following interest rate swap contracts (in thousands): Type Notional Amount Termination Date Fixed Rate Spot starting $ 150,000 April 1, 2024 0.413 % Spot starting 75,000 April 1, 2024 0.298 % Spot starting 75,000 April 1, 2024 0.298 % Spot starting 50,000 March 30, 2028 3.287 % Spot starting 100,000 March 31, 2028 3.287 % Spot starting 50,000 April 8, 2028 3.282 % Forward starting April 1, 2024 100,000 April 1, 2028 2.932 % Spot starting 80,000 March 31, 2028 4.105 % Spot starting 20,000 March 31, 2028 4.121 % Our interest rate swap contracts fix the rate on a portion of our SOFR-based borrowings under our CAPL Credit Facility, have been designated as cash flow hedges and are expected to be highly effective. The first three swap contracts above matured April 1, 2024 , and as a result, our effective interest rate on the CAPL Credit Facility has increased since that time. The fair value of each of these interest rate swap contracts was reported as a separate line item within current assets, noncurrent assets and noncurrent liabilities, as applicable. See Note 12 for additional information on the fair value of the interest rate swap contracts. We report the unrealized gains and losses on our interest rate swap contracts designated as highly effective cash flow hedges as a component of other comprehensive income and reclassify such gains and losses into earnings (interest expense on our statement of operations) in the same period during which the hedged interest expense is recorded. We recognized a net realized gain from settlements of the interest rate swap contracts of $ 1.9 million and $ 4.3 million for the three months ended June 30, 2024 and 2023 and $ 7.1 million and $ 7.4 million for the six months ended June 30, 2024 and 2023, respectively. We currently estimate that a gain of $ 6.2 million will be reclassified from accumulated other comprehensive income into interest expense during the next 12 months; however, the actual amount that will be reclassified will vary based on changes in interest rates.

Operating Leases as Lessor

Operating Leases as Lessor	6 Months Ended
	Jun. 30, 2024
Leases [Abstract]
Operating Leases as Lessor	Note 9. OPERATING LEASES AS LESSOR During the first half of 2024, we terminated a significant number of operating leases as lessor through our Applegreen Acquisition. See Note 2 for additional information regarding this transaction and the related write-off of deferred rent income. Motor fuel stations are leased to tenants under operating leases with various expiration dates ranging through 2037 . Most lease agreements include provisions for renewals. We generally do not include renewal options in our lease term. Future minimum rental payments under non-cancelable operating leases with third parties as of June 30, 2024 were as follows (in thousands): 2024 $ 19,746 2025 32,804 2026 23,118 2027 12,712 2028 7,838 Thereafter 21,273 Total future minimum lease payments $ 117,491 The future minimum rental payments presented above do not include contingent rent based on future inflation, future revenues or volumes of the lessee, or non-lease components for amounts that may be received as tenant reimbursements for certain operating costs. Deferred rent income from straight-line rent relates to the cumulative amount by which straight-line rental income recorded to date exceeds cash rents billed to date under the lease agreement and totaled $ 3.1 million and $ 5.0 million at June 30, 2024 and December 31, 2023, respectively.

Related-Party Transactions

Related-Party Transactions	6 Months Ended
	Jun. 30, 2024
Related Party Transactions [Abstract]
Related-Party Transactions	Note 10. RELATED-PARTY TRANSACTIONS Wholesale Motor Fuel Sales and Real Estate Rentals Revenues from TopStar, an entity affiliated with the Topper Group, were $ 11.9 million and $ 13.2 million for the three months ended June 30, 2024 and 2023 and $ 22.5 million and $ 24.9 million for the six months ended June 30, 2024 and 2023, respectively. Accounts receivable from TopStar was $ 0.1 million and $ 0.4 million at June 30, 2024 and December 31, 2023, respectively. We lease real estate from the Topper Group. Rent expense under these lease agreements was $ 2.5 million and $ 2.6 million for the three months ended June 30, 2024 and 2023 and $ 5.1 million and $ 5.2 million for the six months ended June 30, 2024 and 2023, respectively. Omnibus Agreement We incurred expenses under the Omnibus Agreement, including costs for store level personnel at our company operated sites as well as other cost reimbursements, totaling $ 33.0 million and $ 28.3 million for the three months ended June 30, 2024 and 2023 and $ 60.8 million and $ 52.7 million for the six months ended June 30, 2024 and 2023, respectively. Such expenses are included in operating expenses and general and administrative expenses in the statements of operations. Amounts payable to the Topper Group related to expenses incurred by the Topper Group on our behalf in accordance with the Omnibus Agreement totaled $ 5.7 million and $ 8.4 million at June 30, 2024 and December 31, 2023, respectively. Common Unit Distributions and Other Equity Transactions We distributed $ 7.7 million to the Topper Group related to its ownership of our common units during each of the three months ended June 30, 2024 and 2023 and $ 15.4 million and $ 15.3 million for the six months ended June 30, 2024 and 2023, respectively. We distributed $ 2.6 million to affiliates of John B. Reilly, III related to their ownership of our common units during each of the three months ended June 30, 2024 and 2023 and $ 5.2 million for each of the six months ended June 30, 2024 and 2023. We recorded accretion on the preferred membership interests issued in March 2022 to related parties of $ 0.7 million and $ 0.6 million for the three months ended June 30, 2024 and 2023 and $ 1.3 million and $ 1.2 million for the six months ended June 30, 2024 and 2023, respectively. We paid income tax distributions of $ 0.1 million related to the preferred membership interests for the three and six months ended June 30, 2023. Maintenance and Environmental Costs Certain maintenance and environmental remediation activities are performed by an entity affiliated with the Topper Group, as approved by the independent conflicts committee of the Board. We incurred charges with this related party of $ 0.7 million and $ 0.6 million for the three months ended June 30, 2024 and 2023 and $ 1.7 million and $ 1.3 million for the six months ended June 30, 2024 and 2023, respectively. Accounts payable to this related party amounted to $ 0.3 million at June 30, 2024 and December 31, 2023. Convenience Store Products We purchase certain convenience store products from an affiliate of John B. Reilly, III and Joseph V. Topper, Jr., members of the Board, as approved by the independent conflicts committee of the Board. Merchandise costs amounted to $ 4.8 million and $ 5.3 million for the three months ended June 30, 2024 and 2023 and $ 9.5 million and $ 10.1 million for the six months ended June 30, 2024 and 2023, respectively. Amounts payable to this related party amounted to $ 1.6 million and $ 1.4 million at June 30, 2024 and December 31, 2023, respectively. Vehicle Lease In connection with the services rendered under the Omnibus Agreement, we lease certain vehicles from an entity affiliated with the Topper Group, as approved by the independent conflicts committee of the Board. Lease expense was an insignificant amount for each of the three months ended June 30, 2024 and 2023 and $ 0.1 million for each of the six months ended June 30, 2024 and 2023. Principal Executive Offices We lease office space from an affiliate of John B. Reilly, III and Joseph V. Topper, Jr., members of our Board, as approved by the independent conflicts committee of the Board. Rent expense amounted to $ 0.3 million and $ 0.2 million for the three months ended June 30, 2024 and 2023 and $ 0.6 million and $ 0.5 million for the six months ended June 30, 2024 and 2023, respectively. Public Relations and Website Consulting Services We have engaged a company affiliated with John B. Reilly, III, member of the Board, for public relations and website consulting services. The cost of these services was insignificant for the three and six months ended June 30, 2024 and 2023.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 11. COMMITMENTS AND CONTINGENCIES Purchase Commitments We have minimum volume purchase requirements under certain of our fuel supply agreements with a purchase price at prevailing market rates for wholesale distribution. In the event we fail to purchase the required minimum volume for a given contractual period, the underlying third party’s exclusive remedies (depending on the magnitude of the failure) are either termination of the supply agreement and/or a financial penalty per gallon based on the volume shortfall for the given period. We did not incur any significant penalties during the six months ended June 30, 2024 or 2023. Litigation Matters We are from time to time party to various lawsuits, claims and other legal proceedings that arise in the ordinary course of business. These actions typically seek, among other things, compensation for alleged personal injury, breach of contract, property damages, environmental damages, employment-related claims and damages, punitive damages, civil penalties or other losses, or injunctive or declaratory relief. With respect to all such lawsuits, claims and proceedings, we record an accrual when it is probable that a liability has been incurred and the amount of loss can be reasonably estimated. In addition, we disclose matters for which management believes a material loss is at least reasonably possible. We believe that it is not reasonably possible that these proceedings, separately or in the aggregate, will have a material adverse effect on our consolidated financial position, results of operations or cash flows. In all instances, management has assessed the matter based on current information and made a judgment concerning its potential outcome, giving due consideration to the nature of the claim, the amount and nature of damages sought and the probability of success. Management’s judgment may prove materially inaccurate, and such judgment is made subject to the known uncertainties of litigation. Environmental Matters We currently own or lease sites where refined petroleum products are being or have been handled. These sites and the refined petroleum products handled thereon may be subject to federal and state environmental laws and regulations. Under such laws and regulations, we could be required to remove or remediate containerized hazardous liquids or associated generated wastes (including wastes disposed of or abandoned by prior owners or operators), to remediate contaminated property arising from the release of liquids or wastes into the environment, including contaminated groundwater, or to implement best management practices to prevent future contamination. We maintain insurance of various types with varying levels of coverage that is considered adequate under the circumstances to cover operations and properties. The insurance policies are subject to deductibles that are considered reasonable and not excessive. In addition, we have entered into indemnification and escrow agreements with various sellers in conjunction with several of their respective acquisitions, as further described below. Financial responsibility for environmental remediation is negotiated in connection with each acquisition transaction. In each case, an assessment is made of potential environmental liability exposure based on available information. Based on that assessment and relevant economic and risk factors, a determination is made whether to, and the extent to which we will, assume liability for existing environmental conditions. Environmental liabilities recorded on the balance sheet within accrued expenses and other current liabilities and other long-term liabilities totaled $ 8.2 million and $ 7.4 million at June 30, 2024 and December 31, 2023, respectively. Indemnification assets related to third-party escrow funds, state funds or insurance recorded on the balance sheet within other current assets and other noncurrent assets totaled $ 5.8 million and $ 5.3 million at June 30, 2024 and December 31, 2023, respectively. State funds represent probable state reimbursement amounts. Reimbursement will depend upon the continued maintenance and solvency of the state. Insurance coverage represents amounts deemed probable of reimbursement under insurance policies. The estimates used in these reserves are based on all known facts at the time and an assessment of the ultimate remedial action outcomes. We will adjust loss accruals as further information becomes available or circumstances change. Among the many uncertainties that impact the estimates are the necessary regulatory approvals for, and potential modifications of, remediation plans, the amount of data available upon initial assessment of the impact of soil or water contamination, changes in costs associated with environmental remediation services and equipment and the possibility of existing legal claims giving rise to additional claims. Environmental liabilities related to the sites contributed to the Partnership in connection with our IPO have not been assigned to us and are still the responsibility of the Predecessor Entity. The Predecessor Entity indemnified us for any costs or expenses that we incur for environmental liabilities and third-party claims, regardless of when a claim is made, that are based on environmental conditions in existence prior to the closing of the IPO for contributed sites. As such, these environmental liabilities and indemnification assets are not recorded on the consolidated balance sheet of the Partnership. Similarly, we have generally been indemnified with respect to known contamination at sites acquired from third parties. As such, these environmental liabilities and indemnification assets are also not recorded on the consolidated balance sheet of the Partnership.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2024
Fair Value Disclosures [Abstract]
Fair Value Measurements	Note 12. FAIR VALUE MEASUREMENTS We measure and report certain financial and non-financial assets and liabilities on a fair value basis. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (exit price). U.S. GAAP specifies a three-level hierarchy that is used when measuring and disclosing fair value. The fair value hierarchy gives the highest priority to quoted prices available in active markets (i.e., observable inputs) and the lowest priority to data lacking transparency (i.e., unobservable inputs). An instrument’s categorization within the fair value hierarchy is based on the lowest level of significant input to its valuation. Transfers into or out of any hierarchy level are recognized at the end of the reporting period in which the transfers occurred. There were no transfers between any levels in 2024 or 2023. As further discussed in Note 8, we remeasure the fair value of interest rate swap contracts on a recurring basis each balance sheet date. We used an income approach to measure the fair value of these contracts, utilizing a forward yield curve for the same period as the future interest rate swap settlements. These fair value measurements are classified as Level 2 measurements. We have accrued for unvested phantom units and phantom performance units as a liability and adjust that liability on a recurring basis based on the market price of our common units each balance sheet date. These fair value measurements are deemed Level 1 measurements. The fair value of our accounts receivable, notes receivable, and accounts payable approximated their carrying values as of June 30, 2024 and December 31, 2023 due to the short-term maturity of these instruments. The fair value of borrowings under the CAPL Credit Facility approximated its carrying value as of June 30, 2024 and December 31, 2023 due to the frequency with which interest rates are reset and the consistency of the market spread.

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2024
Income Tax Disclosure [Abstract]
Income Taxes	Note 13. INCOME TAXES As a limited partnership, we are not subject to federal and state income taxes. However, our corporate subsidiaries are subject to income taxes. Income tax attributable to our taxable income (including any dividend income from our corporate subsidiaries), which may differ significantly from income for financial statement purposes, is assessed at the individual limited partner unitholder level. We are subject to a statutory requirement that non-qualifying income, as defined by the Internal Revenue Code, cannot exceed 10 % of total gross income for the calendar year. If non-qualifying income exceeds this statutory limit, we would be taxed as a corporation. The non-qualifying income did not exceed the statutory limit in any annual period. Certain activities that generate non-qualifying income are conducted through our wholly owned taxable corporate subsidiaries. Current and deferred income taxes are recognized on the earnings of these subsidiaries. Deferred income tax assets and liabilities are recognized for the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and are measured using enacted tax rates. We recorded income tax expense (benefit) of $ 1.7 million and $ 2.8 million for the three months ended June 30, 2024 and 2023 and $( 4.1 ) million and $ 1.1 million for the six months ended June 30, 2024 and 2023, respectively, as a result of the income generated (losses incurred) by our corporate subsidiaries. The effective tax rate differs from the combined federal and state statutory rate primarily because only LGWS and Joe’s Kwik Marts are subject to income tax.

Net Income Per Common Unit

Net Income Per Common Unit	6 Months Ended
	Jun. 30, 2024
Earnings Per Share [Abstract]
Net Income Per Common Unit	Note 14. NET INCOME PER COMMON UNIT The following table provides a reconciliation of net income and weighted-average units used in computing basic and diluted net income per common unit for the following periods (in thousands, except unit and per unit amounts): Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Numerator: Distributions paid on common units $ 19,964 $ 19,925 $ 39,905 $ 39,843 Allocation of distributions in excess of net income ( 8,212 ) ( 6,004 ) ( 46,350 ) ( 27,502 ) Limited partners’ interest in net income (loss) - basic and diluted $ 11,752 $ 13,921 $ ( 6,445 ) $ 12,341 Denominator: Weighted-average common units outstanding - basic 38,027,194 37,952,950 38,010,739 37,946,676 Adjustment for phantom and phantom performance units (a) 172,296 197,286 — 197,021 Weighted-average common units outstanding - diluted 38,199,490 38,150,236 38,010,739 38,143,697 Net income (loss) per common unit - basic $ 0.31 $ 0.37 $ ( 0.17 ) $ 0.33 Net income (loss) per common unit - diluted $ 0.31 $ 0.36 $ ( 0.17 ) $ 0.32 Distributions paid per common unit $ 0.5250 $ 0.5250 $ 1.0500 $ 1.0500 Distributions declared (with respect to each respective period) $ 0.5250 $ 0.5250 $ 1.0500 $ 1.0500 (a) For the three and six months ended June 30, 2024 and 2023, respectively, 1,258,247 and 1,151,099 potentially dilutive units related to the preferred membership interests were excluded from the calculation of diluted earnings per unit because including them would have been antidilutive. For the six months ended June 30, 2024, 173,663 potentially dilutive units related to the phantom units and performance units were excluded from the calculation of diluted units because including them would have been antidilutive. Distributions Distribution activity for 2024 is as follows: Quarter Ended Record Date Payment Date Cash Cash December 31, 2023 February 2, 2024 February 9, 2024 $ 0.5250 $ 19,941 March 31, 2024 May 3, 2024 May 10, 2024 $ 0.5250 $ 19,964 June 30, 2024 August 2, 2024 August 9, 2024 $ 0.5250 $ 19,975 The amount of any distribution is subject to the discretion of the Board, which may modify or revoke our cash distribution policy at any time. Our Partnership Agreement does not require us to pay any distributions. As such, there can be no assurance we will continue to pay distributions in the future.

Segment Reporting

Segment Reporting	6 Months Ended
	Jun. 30, 2024
Segment Reporting [Abstract]
Segment Reporting	Note 15. SEGMENT REPORTING We conduct our business in two segments: 1) the wholesale segment and 2) the retail segment. The wholesale segment includes the wholesale distribution of motor fuel to lessee dealers and independent dealers. We have exclusive motor fuel distribution contracts with lessee dealers who lease the property from us. We also have exclusive distribution contracts with independent dealers to distribute motor fuel but do not collect rent from the independent dealers. The retail segment includes the retail sale of motor fuel at retail sites operated by commission agents and the sale of convenience merchandise items and the retail sale of motor fuel at company operated sites. A commission agent site is a retail site where we retain title to the motor fuel inventory and sell it directly to our end user customers. At commission agent retail sites, we manage motor fuel inventory pricing and retain the gross profit on motor fuel sales, less a commission to the agent who operates the retail site. Similar to our wholesale segment, we also generate revenues through leasing or subleasing real estate in our retail segment. Unallocated items consist primarily of general and administrative expenses, depreciation, amortization and accretion expense, gains on dispositions and lease terminations, net, other income, interest expense and income tax expense. Total assets by segment are not presented as management does not currently assess performance or allocate resources based on that data. During the three and six months ended June 30, 2024, respectively, we converted 42 and 95 sites from lessee dealer sites in the wholesale segment to company operated or commission sites in the retail segment, net. The sites converted during the first half of 2024 include 59 sites from the Applegreen Acquisition. See Note 2 for additional information. During the three and six months ended June 30, 2023, respectively, we converted 26 sites and 34 sites from lessee dealer sites in the wholesale segment to company operated or commission sites in the retail segment. The following table reflects activity related to our reportable segments (in thousands): Wholesale Retail Unallocated Consolidated Three Months Ended June 30, 2024 Revenues from fuel sales to external customers $ 509,335 $ 494,450 $ — $ 1,003,785 Revenues from food and merchandise sales — 105,393 — 105,393 Rent income 14,667 3,188 — 17,855 Other revenue 1,074 5,248 — 6,322 Total revenues $ 525,076 $ 608,279 $ — $ 1,133,355 Operating income (loss) $ 20,924 $ 28,013 $ ( 20,760 ) $ 28,177 Three Months Ended June 30, 2023 Revenues from fuel sales to external customers $ 580,935 $ 455,315 $ — $ 1,036,250 Revenues from food and merchandise sales — 83,666 — 83,666 Rent income 17,379 3,144 — 20,523 Other revenue 1,164 3,793 — 4,957 Total revenues $ 599,478 $ 545,918 $ — $ 1,145,396 Operating income (loss) $ 21,775 $ 26,151 $ ( 20,073 ) $ 27,853 Six Months Ended June 30, 2024 Revenues from fuel sales to external customers $ 959,914 $ 884,302 $ — $ 1,844,216 Revenues from food and merchandise sales — 181,825 — 181,825 Rent income 30,646 6,375 — 37,021 Other revenue 1,994 9,847 — 11,841 Total revenues $ 992,554 $ 1,082,349 $ — $ 2,074,903 Operating income (loss) $ 38,988 $ 39,269 $ ( 63,125 ) $ 15,132 Six Months Ended June 30, 2023 Revenues from fuel sales to external customers $ 1,102,860 $ 858,261 $ — $ 1,961,121 Revenues from food and merchandise sales — 148,932 — 148,932 Rent income 35,335 6,508 — 41,843 Other revenue 2,411 7,248 — 9,659 Total revenues $ 1,140,606 $ 1,020,949 $ — $ 2,161,555 Operating income (loss) $ 43,444 $ 40,918 $ ( 47,399 ) $ 36,963 Receivables relating to the revenue streams above are as follows (in thousands): June 30, December 31, 2024 2023 Receivables from fuel and merchandise sales $ 36,090 $ 28,467 Receivables for rent and other lease-related charges 2,929 3,155 Total accounts receivable $ 39,019 $ 31,622 Performance obligations are satisfied as fuel is delivered to the customer and as merchandise is sold to the consumer. Many of our fuel contracts with our customers include minimum purchase volumes measured on a monthly basis, for which our performance obligations are satisfied as services are rendered. Receivables from fuel are recognized on a per-gallon rate and are generally collected within 10 days of delivery. The balance of unamortized costs incurred to obtain certain contracts with customers was $ 9.0 million and $ 10.0 million at June 30, 2024 and December 31, 2023, respectively. Amortization of such costs is recorded against operating revenues and amounted to $ 0.5 million for both the three months ended June 30, 2024 and 2023 and $ 1.0 million and $ 0.9 million for the six months ended June 30, 2024 and 2023, respectively. Receivables from rent and other lease-related charges are generally collected at the beginning of the month.

Supplemental Cash Flow Informat

Supplemental Cash Flow Information	6 Months Ended
	Jun. 30, 2024
Supplemental Cash Flow Elements [Abstract]
Supplemental Cash Flow Information	Note 16. SUPPLEMENTAL CASH FLOW INFORMATION In order to determine net cash provided by operating activities, net income is adjusted by, among other things, changes in operating assets and liabilities as follows (in thousands): Six Months Ended June 30, 2024 2023 (Increase) decrease: Accounts receivable $ ( 7,832 ) $ ( 3,554 ) Accounts receivable from related parties 349 75 Inventories ( 3,045 ) ( 4,658 ) Other current assets 2,405 ( 1,103 ) Other assets 1,497 ( 2 ) Increase (decrease): Accounts payable 3,829 ( 350 ) Accounts payable to related parties ( 2,856 ) 975 Accrued expenses and other current liabilities 1,396 1,790 Motor fuel and taxes payable ( 565 ) 546 Other long-term liabilities ( 257 ) 1,735 Changes in operating assets and liabilities, net of acquisitions $ ( 5,079 ) $ ( 4,546 ) The above changes in operating assets and liabilities may differ from changes between amounts reflected in the applicable balance sheets for the respective periods due to acquisitions and other non-cash activity. Supplemental disclosure of cash flow information (in thousands): Six Months Ended June 30, 2024 2023 Cash paid for interest $ 23,085 $ 19,920 Cash paid (refunded) for income taxes, net 96 1,619 Supplemental schedule of non-cash investing and financing activities (in thousands): Six Months Ended June 30, 2024 2023 Accrued capital expenditures $ 3,547 $ 1,485 Lease liabilities arising from obtaining right-of-use assets 7,774 5,790 Accretion of preferred membership interests 1,329 1,216

Description of Business and O_2

Description of Business and Other Disclosures (Policies)	6 Months Ended
	Jun. 30, 2024
Accounting Policies [Abstract]
Interim Financial Statement	Interim Financial Statements These unaudited condensed consolidated financial statements have been prepared in accordance with U.S. GAAP for interim financial information and with the instructions to Form 10-Q and the Exchange Act. Accordingly, they do not include all of the information and notes required by U.S. GAAP for complete financial statements. In the opinion of management, all adjustments considered necessary for a fair presentation have been included. All such adjustments are of a normal recurring nature unless disclosed otherwise. Management believes that the disclosures made are adequate to keep the information presented from being misleading. The financial statements contained herein should be read in conjunction with the consolidated financial statements and notes thereto included in our Form 10-K. Financial information as of June 30, 2024 and for the three and six months ended June 30, 2024 and 2023 included in the consolidated financial statements has been derived from our unaudited financial statements. Financial information as of December 31, 2023 has been derived from our audited financial statements and notes thereto as of that date. Operating results for the three and six months ended June 30, 2024 are not necessarily indicative of the results that may be expected for the year ending December 31, 2024. Our business exhibits seasonality due to our wholesale and retail sites being located in certain geographic areas that are affected by seasonal weather and temperature trends and associated changes in retail customer activity during different seasons. Historically, sales volumes have been highest in the second and third quarters (during the summer activity months) and lowest during the winter months in the first and fourth quarters.
Use of Estimates	Use of Estimates The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results and outcomes could differ from those estimates and assumptions. On an ongoing basis, management reviews its estimates based on currently available information. Changes in facts and circumstances could result in revised estimates and assumptions.
Recently Adopted Accounting Pronouncements	Recently Adopted Accounting Pronouncements Segment Reporting In November 2023, the FASB issued ASU 2023-07, "Improvements in Reportable Segment Disclosures." The amendments in this new guidance improve reportable segment disclosure requirements, primarily through enhanced disclosures about significant segment expenses. These new disclosures will be required in our Annual Report on Form 10-K for the year ending December 31, 2024 and interim and annual reports thereafter. Although we do not anticipate the impact of adopting this guidance will be material, it will affect our disclosures related to our reportable segments starting in our Annual Report on Form 10-K for the year ending December 31, 2024. Income Taxes In December 2023, the FASB issued ASU 2023-09, “Improvements to Income Tax Disclosures.” The amendments in this new guidance require that public business entities on an annual basis (1) disclose specific categories in the rate reconciliation and (2) provide additional information for reconciling items that meet a quantitative threshold. This new guidance also requires certain new disclosures such as income taxes paid disaggregated by federal, state and foreign taxes and further disaggregated by individual jurisdictions in which income taxes paid exceeds a quantitative threshold. This new guidance also eliminates certain previously required disclosures. We will adopt this new guidance effective January 1, 2025. Although we do not anticipate the impact of adopting this guidance will be material, it will affect our disclosures related to income taxes. Certain other new accounting pronouncements have become effective for our financial statements during 2024, but the adoption of these pronouncements did not materially impact our financial position, results of operations or disclosures.
Concentration Risk	Concentration Risk For the six months ended June 30, 2024 and 2023, respectively, we purchased approximately 81 % and 80 % of our motor fuel from four suppliers. Approximately 23 % of our motor fuel gallons sold for each of the six months ended June 30, 2024 and 2023 were delivered by two carriers. For the six months ended June 30, 2024 and 2023, respectively, approximately 18 % and 29 % of our rent income was from five multi-site operators. For the six months ended June 30, 2024 and 2023, respectively, approximately 49 % and 47 % of our merchandise was purchased from one supplier.

Applegreen Acquisition And Le_2

Applegreen Acquisition And Lease Termination (Tables)	6 Months Ended
	Jun. 30, 2024
Business Combinations [Abstract]
Summary of Acquisition and Lease Termination Transactions	We recorded these transactions as follows (in thousands): Cash consideration Lease termination payments $ 16,983 Inventory purchases 8,534 Total cash paid 25,517 Inventory 8,534 Equipment 2,530 Loss on lease termination 14,453 Non-cash write-off of deferred rent income 1,515 Total loss on lease termination $ 15,968

Assets Held for Sale (Tables)

Assets Held for Sale (Tables)	6 Months Ended
	Jun. 30, 2024
Property, Plant and Equipment Assets Held-for-Sale Disclosure [Abstract]
Assets Held for Sale	We have classified seven sites and two sites as held for sale at June 30, 2024 and December 31, 2023, respectively, which are expected to be sold within one year of such classification. Assets held for sale were as follows (in thousands): June 30, December 31, 2024 2023 Land $ 1,656 $ 240 Buildings and site improvements 1,200 380 Equipment 1,387 418 Total 4,243 1,038 Less accumulated depreciation ( 1,757 ) ( 638 ) Assets held for sale $ 2,486 $ 400

Inventory (Tables)

Inventory (Tables)	6 Months Ended
	Jun. 30, 2024
Inventory Disclosure [Abstract]
Schedule of Inventory	Inventory consisted of the following (in thousands): June 30, December 31, 2024 2023 Merchandise $ 34,471 $ 26,081 Motor fuel 29,112 26,263 Inventory $ 63,583 $ 52,344

Property and Equipment (Tables)

Property and Equipment (Tables)	6 Months Ended
	Jun. 30, 2024
Property, Plant and Equipment [Abstract]
Schedule of Property and Equipment	Property and equipment, net consisted of the following (in thousands): June 30, December 31, 2024 2023 Land $ 322,485 $ 326,571 Buildings and site improvements 362,180 365,528 Leasehold improvements 17,023 16,434 Equipment 360,434 356,160 Construction in progress 8,969 4,462 Property and equipment, at cost 1,071,091 1,069,155 Accumulated depreciation and amortization ( 385,785 ) ( 363,938 ) Property and equipment, net $ 685,306 $ 705,217

Intangible Assets (Tables)

Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2024
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Schedule of Intangible Assets	Intangible assets consisted of the following (in thousands): June 30, 2024 December 31, 2023 Gross Accumulated Net Gross Accumulated Net Wholesale fuel supply contracts/rights $ 194,626 $ 110,263 $ 84,363 $ 234,501 $ 140,714 $ 93,787 Trademarks/licenses 2,133 814 1,319 2,078 761 1,317 Covenant not to compete 200 63 137 200 43 157 Total intangible assets $ 196,959 $ 111,140 $ 85,819 $ 236,779 $ 141,518 $ 95,261

Debt (Tables)

Debt (Tables)	6 Months Ended
	Jun. 30, 2024
Debt Disclosure [Abstract]
Summary of Balances for Long-term Debt and Finance Lease Obligations	Our balances for long-term debt and finance lease obligations were as follows (in thousands): June 30, December 31, 2024 2023 CAPL Credit Facility $ 789,513 $ 756,000 Finance lease obligations 9,552 11,064 Total debt and finance lease obligations 799,065 767,064 Current portion 3,183 3,083 Noncurrent portion 795,882 763,981 Deferred financing costs, net 9,208 10,101 Noncurrent portion, net of deferred financing costs $ 786,674 $ 753,880

Interest Rate Swap Contracts (T

Interest Rate Swap Contracts (Tables)	6 Months Ended
	Jun. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Summary of Interest Rate Swap Contracts	During 2024, we held the following interest rate swap contracts (in thousands): Type Notional Amount Termination Date Fixed Rate Spot starting $ 150,000 April 1, 2024 0.413 % Spot starting 75,000 April 1, 2024 0.298 % Spot starting 75,000 April 1, 2024 0.298 % Spot starting 50,000 March 30, 2028 3.287 % Spot starting 100,000 March 31, 2028 3.287 % Spot starting 50,000 April 8, 2028 3.282 % Forward starting April 1, 2024 100,000 April 1, 2028 2.932 % Spot starting 80,000 March 31, 2028 4.105 % Spot starting 20,000 March 31, 2028 4.121 %

Operating Leases as Lessor (Tab

Operating Leases as Lessor (Tables)	6 Months Ended
	Jun. 30, 2024
Leases [Abstract]
Schedule of Future Minimum Rental Payments Under Non-Cancelable Operating Leases	Future minimum rental payments under non-cancelable operating leases with third parties as of June 30, 2024 were as follows (in thousands): 2024 $ 19,746 2025 32,804 2026 23,118 2027 12,712 2028 7,838 Thereafter 21,273 Total future minimum lease payments $ 117,491

Net Income Per Common Unit (Tab

Net Income Per Common Unit (Tables)	6 Months Ended
	Jun. 30, 2024
Earnings Per Share [Abstract]
Reconciliation of Net Income and Weighted-Average Units Used in Computing Basic and Diluted Net Income Per Common Unit	The following table provides a reconciliation of net income and weighted-average units used in computing basic and diluted net income per common unit for the following periods (in thousands, except unit and per unit amounts): Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Numerator: Distributions paid on common units $ 19,964 $ 19,925 $ 39,905 $ 39,843 Allocation of distributions in excess of net income ( 8,212 ) ( 6,004 ) ( 46,350 ) ( 27,502 ) Limited partners’ interest in net income (loss) - basic and diluted $ 11,752 $ 13,921 $ ( 6,445 ) $ 12,341 Denominator: Weighted-average common units outstanding - basic 38,027,194 37,952,950 38,010,739 37,946,676 Adjustment for phantom and phantom performance units (a) 172,296 197,286 — 197,021 Weighted-average common units outstanding - diluted 38,199,490 38,150,236 38,010,739 38,143,697 Net income (loss) per common unit - basic $ 0.31 $ 0.37 $ ( 0.17 ) $ 0.33 Net income (loss) per common unit - diluted $ 0.31 $ 0.36 $ ( 0.17 ) $ 0.32 Distributions paid per common unit $ 0.5250 $ 0.5250 $ 1.0500 $ 1.0500 Distributions declared (with respect to each respective period) $ 0.5250 $ 0.5250 $ 1.0500 $ 1.0500 (a) For the three and six months ended June 30, 2024 and 2023, respectively, 1,258,247 and 1,151,099 potentially dilutive units related to the preferred membership interests were excluded from the calculation of diluted earnings per unit because including them would have been antidilutive. For the six months ended June 30, 2024, 173,663 potentially dilutive units related to the phantom units and performance units were excluded from the calculation of diluted units because including them would have been antidilutive.
Distributions Made to Limited Partner, by Distribution	Distribution activity for 2024 is as follows: Quarter Ended Record Date Payment Date Cash Cash December 31, 2023 February 2, 2024 February 9, 2024 $ 0.5250 $ 19,941 March 31, 2024 May 3, 2024 May 10, 2024 $ 0.5250 $ 19,964 June 30, 2024 August 2, 2024 August 9, 2024 $ 0.5250 $ 19,975

Segment Reporting (Tables)

Segment Reporting (Tables)	6 Months Ended
	Jun. 30, 2024
Segment Reporting [Abstract]
Schedule of Reportable Segments	The following table reflects activity related to our reportable segments (in thousands): Wholesale Retail Unallocated Consolidated Three Months Ended June 30, 2024 Revenues from fuel sales to external customers $ 509,335 $ 494,450 $ — $ 1,003,785 Revenues from food and merchandise sales — 105,393 — 105,393 Rent income 14,667 3,188 — 17,855 Other revenue 1,074 5,248 — 6,322 Total revenues $ 525,076 $ 608,279 $ — $ 1,133,355 Operating income (loss) $ 20,924 $ 28,013 $ ( 20,760 ) $ 28,177 Three Months Ended June 30, 2023 Revenues from fuel sales to external customers $ 580,935 $ 455,315 $ — $ 1,036,250 Revenues from food and merchandise sales — 83,666 — 83,666 Rent income 17,379 3,144 — 20,523 Other revenue 1,164 3,793 — 4,957 Total revenues $ 599,478 $ 545,918 $ — $ 1,145,396 Operating income (loss) $ 21,775 $ 26,151 $ ( 20,073 ) $ 27,853 Six Months Ended June 30, 2024 Revenues from fuel sales to external customers $ 959,914 $ 884,302 $ — $ 1,844,216 Revenues from food and merchandise sales — 181,825 — 181,825 Rent income 30,646 6,375 — 37,021 Other revenue 1,994 9,847 — 11,841 Total revenues $ 992,554 $ 1,082,349 $ — $ 2,074,903 Operating income (loss) $ 38,988 $ 39,269 $ ( 63,125 ) $ 15,132 Six Months Ended June 30, 2023 Revenues from fuel sales to external customers $ 1,102,860 $ 858,261 $ — $ 1,961,121 Revenues from food and merchandise sales — 148,932 — 148,932 Rent income 35,335 6,508 — 41,843 Other revenue 2,411 7,248 — 9,659 Total revenues $ 1,140,606 $ 1,020,949 $ — $ 2,161,555 Operating income (loss) $ 43,444 $ 40,918 $ ( 47,399 ) $ 36,963
Summary of Receivables Relating to Revenue Streams	Receivables relating to the revenue streams above are as follows (in thousands): June 30, December 31, 2024 2023 Receivables from fuel and merchandise sales $ 36,090 $ 28,467 Receivables for rent and other lease-related charges 2,929 3,155 Total accounts receivable $ 39,019 $ 31,622

Supplemental Cash Flow Inform_2

Supplemental Cash Flow Information (Tables)	6 Months Ended
	Jun. 30, 2024
Schedule Of Supplemental Cash Flow [Line Items]
Cash Flow, Operating Capital	In order to determine net cash provided by operating activities, net income is adjusted by, among other things, changes in operating assets and liabilities as follows (in thousands): Six Months Ended June 30, 2024 2023 (Increase) decrease: Accounts receivable $ ( 7,832 ) $ ( 3,554 ) Accounts receivable from related parties 349 75 Inventories ( 3,045 ) ( 4,658 ) Other current assets 2,405 ( 1,103 ) Other assets 1,497 ( 2 ) Increase (decrease): Accounts payable 3,829 ( 350 ) Accounts payable to related parties ( 2,856 ) 975 Accrued expenses and other current liabilities 1,396 1,790 Motor fuel and taxes payable ( 565 ) 546 Other long-term liabilities ( 257 ) 1,735 Changes in operating assets and liabilities, net of acquisitions $ ( 5,079 ) $ ( 4,546 )
Schedule of Supplemental Cash Flow Information	Supplemental disclosure of cash flow information (in thousands): Six Months Ended June 30, 2024 2023 Cash paid for interest $ 23,085 $ 19,920 Cash paid (refunded) for income taxes, net 96 1,619
Non-cash Activities
Schedule Of Supplemental Cash Flow [Line Items]
Schedule of Supplemental Cash Flow Information	Supplemental schedule of non-cash investing and financing activities (in thousands): Six Months Ended June 30, 2024 2023 Accrued capital expenditures $ 3,547 $ 1,485 Lease liabilities arising from obtaining right-of-use assets 7,774 5,790 Accretion of preferred membership interests 1,329 1,216

Description of Business and O_3

Description of Business and Other Disclosures - Additional Information (Details)	6 Months Ended
	Jun. 30, 2024 Carriers Supplier Operators	Jun. 30, 2023 Supplier
Motor Fuel Gallons [Member]
Concentration Risk [Line Items]
Percentage of product sold, delivered by two carrier	23%	23%
Number of motor fuel carriers | Carriers	2
Rental Income [Member] | Revenue Benchmark | Multi Site Operator [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	18%	29%
Number of multi-site operators | Operators	5
Supplier Concentration Risk [Member] | Purchases Net [Member] | Four Supplier [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	81%	80%
Number of motor fuel suppliers	4	4
Supplier Concentration Risk [Member] | Purchases Net [Member] | Supplier [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	49%	47%
Number of Supplier	1

Applegreen Acquisition And Le_3

Applegreen Acquisition And Lease Termination - Additional Information (Details) - Applegreen Acquisition [Member] - Applegreen Purchase Agreement [Member] $ in Thousands		6 Months Ended
	Jan. 26, 2024 USD ($) Location	Jun. 30, 2024 USD ($) Location
Business Acquisition [Line Items]
Aggregate purchase price		$ 25,517
Total consideration	$ 16,900
Number of locations | Location	59	59
Option to extend, description		The terms of the Partnership’s leases with Applegreen Midwest, LLC and Applegreen Florida, LLC could have been extended to 2049 and 2048, respectively, including all renewal options.
Number of converted locations | Location		31
Non-cash write-off of deferred rent income		$ 1,515

Applegreen Acquisition And Le_4

Applegreen Acquisition And Lease Termination - Summary of Summary of Acquisition and Lease Termination Transactions (Details) - Applegreen Acquisition [Member] - Applegreen Purchase Agreement [Member] $ in Thousands	6 Months Ended
	Jun. 30, 2024 USD ($)
Business Acquisition [Line Items]
Lease termination payments	$ 16,983
Inventory purchases	8,534
Total cash paid	25,517
Inventory	8,534
Equipment	2,530
Loss on lease termination	14,453
Non-cash write-off of deferred rent income	1,515
Total loss on lease termination	$ 15,968

Assets Held for Sale - Addition

Assets Held for Sale - Additional Information (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2024 USD ($) Store Site	Jun. 30, 2023 USD ($) Property	Jun. 30, 2024 USD ($) Store Site	Jun. 30, 2023 USD ($) Property	Dec. 31, 2023 Store
Long Lived Assets Held-for-sale [Line Items]
Number of sites sold | Site	10		10
Number of properties sold | Property		6		7
Proceeds from sale of properties	$ 11,900,000	$ 7,800,000	$ 11,900,000	$ 8,200,000
Escrow Deposits Related to Property Sales	1,300,000	3,800,000	1,300,000	3,800,000
Gain on sale of properties	$ 6,500	$ 6,100,000	$ 6,500	$ 6,200,000
Assets Held-for-sale [Member]
Long Lived Assets Held-for-sale [Line Items]
Number of Stores | Store	7		7		2

Assets Held for Sale - Schedule

Assets Held for Sale - Schedule of Assets Held for Sale (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Long Lived Assets Held-for-sale [Line Items]
Property and equipment, gross	$ 1,071,091	$ 1,069,155
Less accumulated depreciation	(385,785)	(363,938)
Assets held for sale	685,306	705,217
Land [Member]
Long Lived Assets Held-for-sale [Line Items]
Property and equipment, gross	322,485	326,571
Buildings and Site Improvements [Member]
Long Lived Assets Held-for-sale [Line Items]
Property and equipment, gross	362,180	365,528
Equipment [Member]
Long Lived Assets Held-for-sale [Line Items]
Property and equipment, gross	360,434	356,160
Assets Held-for-sale [Member]
Long Lived Assets Held-for-sale [Line Items]
Property and equipment, gross	4,243	1,038
Less accumulated depreciation	(1,757)	(638)
Assets held for sale	2,486	400
Assets Held-for-sale [Member] | Land [Member]
Long Lived Assets Held-for-sale [Line Items]
Property and equipment, gross	1,656	240
Assets Held-for-sale [Member] | Buildings and Site Improvements [Member]
Long Lived Assets Held-for-sale [Line Items]
Property and equipment, gross	1,200	380
Assets Held-for-sale [Member] | Equipment [Member]
Long Lived Assets Held-for-sale [Line Items]
Property and equipment, gross	$ 1,387	$ 418

Inventory - Schedule of Invento

Inventory - Schedule of Inventory (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Inventory Disclosure [Abstract]
Merchandise	$ 34,471	$ 26,081
Motor fuel	29,112	26,263
Inventories	$ 63,583	$ 52,344

Property and Equipment - Schedu

Property and Equipment - Schedule of Property and Equipment (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Property Plant And Equipment [Line Items]
Property and equipment, at cost	$ 1,071,091	$ 1,069,155
Less accumulated depreciation	(385,785)	(363,938)
Assets held for sale	685,306	705,217
Land [Member]
Property Plant And Equipment [Line Items]
Property and equipment, at cost	322,485	326,571
Buildings and Site Improvements [Member]
Property Plant And Equipment [Line Items]
Property and equipment, at cost	362,180	365,528
Leasehold Improvements [Member]
Property Plant And Equipment [Line Items]
Property and equipment, at cost	17,023	16,434
Equipment [Member]
Property Plant And Equipment [Line Items]
Property and equipment, at cost	360,434	356,160
Construction in Progress [Member]
Property Plant And Equipment [Line Items]
Property and equipment, at cost	$ 8,969	$ 4,462

Property and Equipment - Additi

Property and Equipment - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Depreciation, Amortization and Accretion Expenses [Member]
Property Plant And Equipment [Line Items]
Impairment charges. Property, Plant, and Equipment	$ 0.2	$ 0.4	$ 0.5	$ 0.8

Intangible Assets - Schedule of

Intangible Assets - Schedule of Intangible Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	$ 196,959	$ 236,779
Finite-Lived Intangible Assets, Accumulated Amortization	111,140	141,518
Intangible assets, net	85,819	95,261
Wholesale Fuel Supply Contracts/Rights [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	194,626	234,501
Finite-Lived Intangible Assets, Accumulated Amortization	110,263	140,714
Intangible assets, net	84,363	93,787
Trademarks/Licenses [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	2,133	2,078
Finite-Lived Intangible Assets, Accumulated Amortization	814	761
Intangible assets, net	1,319	1,317
Covenant Not to Compete [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	200	200
Finite-Lived Intangible Assets, Accumulated Amortization	63	43
Intangible assets, net	$ 137	$ 157

Goodwill - Schedule of Changes

Goodwill - Schedule of Changes in Goodwill (Details) $ in Thousands	Jun. 30, 2024 USD ($)
Goodwill [Line Items]
Beginning Balance	$ 99,409
Ending Balance	$ 99,409

Debt - Summary of Balances for

Debt - Summary of Balances for Long-term Debt and Finance Lease Obligations (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Debt Instrument [Line Items]
Finance lease obligations	$ 9,552	$ 11,064
Finance Lease, Liability, Statement of Financial Position [Extensible Enumeration]	Total debt and finance lease obligations	Total debt and finance lease obligations
Total debt and finance lease obligations	$ 799,065	$ 767,064
Current portion	3,183	3,083
Noncurrent portion	795,882	763,981
Deferred financing costs, net	9,208	10,101
Noncurrent portion, net of deferred financing costs	786,674	753,880
CAPL Credit Facility [Member]
Debt Instrument [Line Items]
Credit facility	$ 789,513	$ 756,000

Debt - Additional Information (

Debt - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended				6 Months Ended
	Dec. 31, 2024	Sep. 30, 2024	Jun. 30, 2024	Mar. 31, 2024	Jun. 30, 2024	Dec. 31, 2023	Mar. 31, 2023
Debt Instrument [Line Items]
Deferred financing costs							$ 1.1
Line of credit facility, maximum borrowing capacity			$ 111		$ 111
CAPL Credit Facility [Member]
Debt Instrument [Line Items]
Line of credit facility financial covenants combined leverage ratio, threshold					0.50%
Line of credit facility financial covenants combined interest charge coverage ratio					2.50%
Letters of credit outstanding, amount			5.3		$ 5.3	$ 4.5
Line of credit facility, maximum borrowing capacity			$ 925		$ 925
Debt instrument, maturity date					Mar. 31, 2028
CAPL Credit Facility [Member] | Notes Payable to Banks [Member]
Debt Instrument [Line Items]
Line of credit facility, interest rate at period end			6.70%		6.70%
Debt instrument, basis spread on variable rate					2.25%
CAPL Credit Facility [Member] | Maximum [Member]
Debt Instrument [Line Items]
Line of credit facility financial covenants combined leverage ratio			5%	5%
Line of credit facility financial covenants combined leverage ratio, threshold					5.25%
CAPL Credit Facility [Member] | Maximum [Member] | Scenario Forecast [Member]
Debt Instrument [Line Items]
Line of credit facility financial covenants combined leverage ratio	4.75%	5%
CAPL Credit Facility [Member] | Maximum [Member] | Upon Issuance of Qualified Senior Notes [Member]
Debt Instrument [Line Items]
Line of credit facility financial covenants combined leverage ratio					5.25%
Line of credit facility financial covenants combined leverage ratio, threshold					5.50%
CAPL Credit Facility [Member] | Maximum [Member] | Senior Notes [Member]
Debt Instrument [Line Items]
Line of credit facility financial covenants combined leverage ratio					3.75%
Line of credit facility financial covenants combined leverage ratio, threshold					4%
CAPL Credit Facility [Member] | Minimum [Member]
Debt Instrument [Line Items]
Line of credit facility financial covenants combined leverage ratio			1%	1%
Line of credit facility financial covenants combined leverage ratio, threshold					1%
CAPL Credit Facility [Member] | Minimum [Member] | Scenario Forecast [Member]
Debt Instrument [Line Items]
Line of credit facility financial covenants combined leverage ratio	1%	1%
CAPL Credit Facility [Member] | Minimum [Member] | Upon Issuance of Qualified Senior Notes [Member]
Debt Instrument [Line Items]
Line of credit facility financial covenants combined leverage ratio					1%
Line of credit facility financial covenants combined leverage ratio, threshold					1%
CAPL Credit Facility [Member] | Minimum [Member] | Senior Notes [Member]
Debt Instrument [Line Items]
Line of credit facility financial covenants combined leverage ratio					1%
Line of credit facility financial covenants combined leverage ratio, threshold					1%

Interest Rate Swap Contracts -

Interest Rate Swap Contracts - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Derivative Instruments Gain Loss [Line Items]
Estimated gain to be reclassified from accumulated other comprehensive income into interest expense			$ 6.2
Estimated period for transfer of gain to be reclassified from accumulated other comprehensive income into interest expense			12 months
Interest Rate Swap [Member]
Derivative Instruments Gain Loss [Line Items]
Net realized gain (loss)	$ 1.9	$ 4.3	$ 7.1	$ 7.4
Interest Rate Swap Contracts One [Member]
Derivative Instruments Gain Loss [Line Items]
Maturity date			Apr. 01, 2024
Interest Rate Swap Contracts Two [Member]
Derivative Instruments Gain Loss [Line Items]
Maturity date			Apr. 01, 2024
Interest Rate Swap Contracts Three [Member]
Derivative Instruments Gain Loss [Line Items]
Maturity date			Apr. 01, 2024

Interest Rate Swap Contracts _2

Interest Rate Swap Contracts - Summary of Interest Rate Swap Contracts (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2024 USD ($)
Interest Rate Swap Contracts One [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative Swap Type	Spot starting
Notional amount	$ 150,000
Fixed rate	0.413%
Termination date	Apr. 01, 2024
Interest Rate Swap Contracts Two [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative Swap Type	Spot starting
Notional amount	$ 75,000
Fixed rate	0.298%
Termination date	Apr. 01, 2024
Interest Rate Swap Contracts Three [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative Swap Type	Spot starting
Notional amount	$ 75,000
Fixed rate	0.298%
Termination date	Apr. 01, 2024
Interest Rate Swap Contracts Four [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative Swap Type	Spot starting
Notional amount	$ 50,000
Fixed rate	3.287%
Termination date	Mar. 30, 2028
Interest Rate Swap Contracts Five [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative Swap Type	Spot starting
Notional amount	$ 100,000
Fixed rate	3.287%
Termination date	Mar. 31, 2028
Interest Rate Swap Contracts Six [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative Swap Type	Spot starting
Notional amount	$ 50,000
Fixed rate	3.282%
Termination date	Apr. 08, 2028
Interest Rate Swap Contracts Seven [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative Swap Type	Forward starting April 1, 2024
Notional amount	$ 100,000
Fixed rate	2.932%
Termination date	Apr. 01, 2028
Interest Rate Swap Contracts Eight [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative Swap Type	Spot starting
Notional amount	$ 80,000
Fixed rate	4.105%
Termination date	Mar. 31, 2028
Interest Rate Swap Contracts Nine [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative Swap Type	Spot starting
Notional amount	$ 20,000
Fixed rate	4.121%
Termination date	Mar. 31, 2028

Interest Rate Swap Contracts _3

Interest Rate Swap Contracts - Summary of Interest Rate Swap Contracts (Parentetical) (Details)	6 Months Ended
	Jun. 30, 2024
Interest Rate Swap Contracts Seven [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative Contract Starting Date	Apr. 01, 2024

Operating Leases as Lessor - Ad

Operating Leases as Lessor - Additional Information (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Leases [Abstract]
Lessor operating lease term of expiration	through 2037
Deferred rent income under lease agreement	$ 3.1	$ 5

Operating Leases as Lessor - Sc

Operating Leases as Lessor - Schedule of Future Minimum Rental Payments Under Non-Cancelable Operating Leases (Details) - Non-Related Third Party [Member] $ in Thousands	Jun. 30, 2024 USD ($)
Lessor, Operating Lease, Payments, Fiscal Year Maturity [Abstract]
2024	$ 19,746
2025	32,804
2026	23,118
2027	12,712
2028	7,838
Thereafter	21,273
Total future minimum lease payments	$ 117,491

Related-Party Transactions - Ad

Related-Party Transactions - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Related Party Transaction [Line Items]
Operating Lease, Lease Income, Statement of Income or Comprehensive Income [Extensible Enumeration]	Operating Income (Loss)	Operating Income (Loss)	Operating Income (Loss)	Operating Income (Loss)
Rental income	$ 17,855	$ 20,523	$ 37,021	$ 41,843
Accounts receivable	38,931		38,931		$ 31,185
Accretion of preferred membership interests	700	600	1,329	1,216
Accounts payable to related parties	75,281		75,281		68,986
Cost of services	1,028,593	1,047,672	1,888,793	1,981,772
Income tax distributions paid on preferred membership interests		100		119
Omnibus Agreement [Member]
Related Party Transaction [Line Items]
Cost and expenses incurred	33,000	28,300	60,800	52,700
Topper And Entities [Member]
Related Party Transaction [Line Items]
Accounts payable to related parties	1,600		1,600		1,400
Cost of services	700	600	1,700	1,300
Topper Group [Member]
Related Party Transaction [Line Items]
Rent expense			100	100
Dividends cash	$ 7,700	$ 7,700	15,400	15,300
Lease expenses	insignificant	insignificant
Topper Group [Member] | Omnibus Agreement [Member]
Related Party Transaction [Line Items]
Accounts payable to related parties	$ 5,700		5,700		8,400
John B. Reilly, III [Member]
Related Party Transaction [Line Items]
Dividends cash	2,600	$ 2,600	5,200	5,200
Topper And Entities [Member]
Related Party Transaction [Line Items]
Rental income	11,900	13,200	22,500	24,900
Accounts receivable	100		100		400
Rent expense	2,500	2,600	5,100	5,200
Accounts payable to related parties	300		300		$ 300
Merchandise costs	4,800	5,300	9,500	10,100
CST Brands Inc. [Member]
Related Party Transaction [Line Items]
Rent expense	$ 300	$ 200	$ 600	$ 500

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Details) - USD ($) $ in Millions	Jun. 30, 2024	Dec. 31, 2023
Commitments And Contingencies Disclosure [Abstract]
Environmental liabilities	$ 8.2	$ 7.4
Indemnification assets related to third party escrow funds, state funds or insurance	$ 5.8	$ 5.3

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Operating Loss Carryforwards [Line Items]
Income tax holiday, description			As a limited partnership, we are not subject to federal and state income taxes. However, our corporate subsidiaries are subject to income taxes. Income tax attributable to our taxable income (including any dividend income from our corporate subsidiaries), which may differ significantly from income for financial statement purposes, is assessed at the individual limited partner unitholder level. We are subject to a statutory requirement that non-qualifying income, as defined by the Internal Revenue Code, cannot exceed 10% of total gross income for the calendar year. If non-qualifying income exceeds this statutory limit, we would be taxed as a corporation. The non-qualifying income did not exceed the statutory limit in any annual period.
Income tax expense (benefit)	$ 1,703	$ 2,797	$ (4,094)	$ 1,135
Maximum [Member]
Operating Loss Carryforwards [Line Items]
Limited partnership percentage of non qualifying income to gross income			10%

Net Income Per Common Unit - Re

Net Income Per Common Unit - Reconciliation of Net Income and Weighted-Average Units Used in Computing Basic and Diluted Net Income Per Common Unit (Details) - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Numerator:
Distributions paid on common units		$ 19,964	$ 19,925	$ 39,905	$ 39,843
Allocation of distributions in excess of net income		(8,212)	(6,004)	(46,350)	(27,502)
Net income (loss) available to limited partners		$ 11,752	$ 13,921	$ (6,445)	$ 12,341
Denominator:
Weighted-average common units outstanding - basic		38,027,194	37,952,950	38,010,739	37,946,676
Adjustment for phantom and phantom performance units	[1]	172,296	197,286	0	197,021
Weighted-average common units outstanding - diluted		38,199,490	38,150,236	38,010,739	38,143,697
Net income (loss) per common unit - basic		$ 0.31	$ 0.37	$ (0.17)	$ 0.33
Net income (loss) per common unit - diluted		0.31	0.36	(0.17)	0.32
Distributions paid per common unit		0.525	0.525	1.05	1.05
Distributions declared (with respect to each respective period) per common unit		$ 0.525	$ 0.525	$ 1.05	$ 1.05
[1] For the three and six months ended June 30, 2024 and 2023, respectively, 1,258,247 and 1,151,099 potentially dilutive units related to the preferred membership interests were excluded from the calculation of diluted earnings per unit because including them would have been antidilutive. For the six months ended June 30, 2024, 173,663 potentially dilutive units related to the phantom units and performance units were excluded from the calculation of diluted units because including them would have been antidilutive.

Net Income Per Common Unit - _2

Net Income Per Common Unit - Reconciliation of Net Income and Weighted-Average Units Used in Computing Basic and Diluted Net Income Per Common Unit (Parenthetical) (Details) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Antidilutive securities excluded from computation of earnings per share, amount	1,258,247	1,151,099	1,258,247	1,151,099
Phantom units [Member]
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Antidilutive securities excluded from computation of earnings per share, amount			173,663

Net Income Per Common Unit - Di

Net Income Per Common Unit - Distributions Made to Limited Partner, by Distribution (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Jun. 30, 2024	Mar. 31, 2024	Dec. 31, 2023
Partnership Distributions [Abstract]
Record Date	Aug. 02, 2024	May 03, 2024	Feb. 02, 2024
Payment Date	Aug. 09, 2024	May 10, 2024	Feb. 09, 2024
Cash Distribution (per unit)	$ 0.525	$ 0.525	$ 0.525
Cash Distribution (in thousands)	$ 19,975	$ 19,964	$ 19,941

Segment Reporting - Additional

Segment Reporting - Additional Information (Details) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2024 USD ($) Site	Jun. 30, 2023 USD ($) Site	Jun. 30, 2024 USD ($) Segment Location Site	Jun. 30, 2023 USD ($) Site	Dec. 31, 2023 USD ($)
Segment Reporting Information [Line Items]
Number of reportable segments | Segment			2
Number of converted operated sites to dealer operated sites | Site	42	26	95	34
Contract costs, unamortized balance	$ 9		$ 9		$ 10
Contract costs, amortization against operating revenues	$ 0.5	$ 0.5	$ 1	$ 0.9
Applegreen Acquisition [Member]
Segment Reporting Information [Line Items]
Number of closed location | Location			59

Segment Reporting - Schedule of

Segment Reporting - Schedule of Reportable Segments (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Segment Reporting Information [Line Items]
Total revenues	$ 1,133,355	$ 1,145,396	$ 2,074,903	$ 2,161,555
Rental income	17,855	20,523	37,021	41,843
Operating income (loss)	28,177	27,853	15,132	36,963
Fuel Sales to External Customers [Member]
Segment Reporting Information [Line Items]
Total revenues	1,003,785	1,036,250	1,844,216	1,961,121
Food and Merchandise Sales [Member]
Segment Reporting Information [Line Items]
Total revenues	105,393	83,666	181,825	148,932
Other Revenue [Member]
Segment Reporting Information [Line Items]
Total revenues	6,322	4,957	11,841	9,659
Unallocated [Member]
Segment Reporting Information [Line Items]
Operating income (loss)	(20,760)	(20,073)	(63,125)	(47,399)
Wholesale | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total revenues	525,076	599,478	992,554	1,140,606
Rental income	14,667	17,379	30,646	35,335
Operating income (loss)	20,924	21,775	38,988	43,444
Wholesale | Operating Segments [Member] | Fuel Sales to External Customers [Member]
Segment Reporting Information [Line Items]
Total revenues	509,335	580,935	959,914	1,102,860
Wholesale | Operating Segments [Member] | Other Revenue [Member]
Segment Reporting Information [Line Items]
Total revenues	1,074	1,164	1,994	2,411
Retail [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total revenues	608,279	545,918	1,082,349	1,020,949
Rental income	3,188	3,144	6,375	6,508
Operating income (loss)	28,013	26,151	39,269	40,918
Retail [Member] | Operating Segments [Member] | Fuel Sales to External Customers [Member]
Segment Reporting Information [Line Items]
Total revenues	494,450	455,315	884,302	858,261
Retail [Member] | Operating Segments [Member] | Food and Merchandise Sales [Member]
Segment Reporting Information [Line Items]
Total revenues	105,393	83,666	181,825	148,932
Retail [Member] | Operating Segments [Member] | Other Revenue [Member]
Segment Reporting Information [Line Items]
Total revenues	$ 5,248	$ 3,793	$ 9,847	$ 7,248

Segment Reporting - Summary of

Segment Reporting - Summary of Receivables Relating to Revenue Streams (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Segment Reporting Information [Line Items]
Total accounts receivable	$ 39,019	$ 31,622
Receivables from Fuel and Merchandise Sales [Member]
Segment Reporting Information [Line Items]
Total accounts receivable	36,090	28,467
Receivables for Rent and Other Lease-related Charges [Member]
Segment Reporting Information [Line Items]
Total accounts receivable	$ 2,929	$ 3,155

Supplemental Cash Flow Inform_3

Supplemental Cash Flow Information - Changes in Operating Assets and Liabilities (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
(Increase) decrease:
Accounts receivable	$ (7,832)	$ (3,554)
Accounts receivable from related parties	349	75
Inventories	(3,045)	(4,658)
Other current assets	2,405	(1,103)
Other assets	1,497	(2)
Increase (decrease):
Accounts payable	3,829	(350)
Accounts payable to related parties	(2,856)	975
Accrued expenses and other current liabilities	1,396	1,790
Motor fuel and taxes payable	(565)	546
Other long-term liabilities	(257)	1,735
Changes in operating assets and liabilities, net of acquisitions	$ (5,079)	$ (4,546)

Supplemental Cash Flow Inform_4

Supplemental Cash Flow Information - Supplemental Disclosure of Cash Flow Information (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Supplemental Cash Flow Information [Abstract]
Cash paid for interest	$ 23,085	$ 19,920
Cash paid (refunded) for income taxes, net	$ 96	$ 1,619

Supplemental Cash Flow Inform_5

Supplemental Cash Flow Information - Non-cash Investing and Financing Activities (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Schedule Of Supplemental Cash Flow [Line Items]
Accrued capital expenditures			$ 3,547	$ 1,485
Lease liabilities arising from obtaining right-of-use assets			7,774	5,790
Accretion of preferred membership interests	$ 700	$ 600	$ 1,329	$ 1,216