CrossAmerica Partners (CAPL) 10-Q 9 May 17 2017 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information Document - shares	3 Months Ended
	Mar. 31, 2017	May 04, 2017
Document and Entity Information [Abstract]
Entity Registrant Name	CrossAmerica Partners LP
Entity Central Index Key	1,538,849
Document Type	10-Q
Document Period End Date	Mar. 31, 2017
Amendment Flag	false
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q1
Trading Symbol	CAPL
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		33,726,620

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Current assets:
Cash	$ 5,758	$ 1,350
Accounts receivable, net of allowances of $434 and $487, respectively	22,234	29,251
Accounts receivable from related parties	12,549	12,975
Inventories	12,790	13,164
Assets held for sale	1,375	2,111
Other current assets	6,017	6,556
Total current assets	60,723	65,407
Property and equipment, net	670,968	677,329
Intangible assets, net	76,793	80,760
Goodwill	89,109	89,109
Other assets	19,751	19,384
Total assets	917,344	931,989
Current liabilities:
Current portion of debt and capital lease obligations	2,123	2,100
Accounts payable	32,058	34,903
Accounts payable to related parties	9,108	9,958
Accrued expenses and other current liabilities	15,704	15,705
Motor fuel taxes payable	12,442	12,467
Total current liabilities	71,435	75,133
Debt and capital lease obligations, less current portion	472,793	465,119
Deferred tax liabilities, net	39,741	42,923
Asset retirement obligations	28,103	27,750
Other long-term liabilities	99,069	100,253
Total liabilities	711,141	711,178
Commitments and contingencies
CrossAmerica Partners' Capital
Total CrossAmerica Partners' Capital	206,459	221,044
Noncontrolling interests	(256)	(233)
Total equity	206,203	220,811
Total liabilities and equity	917,344	931,989
Common units-public
CrossAmerica Partners' Capital
Common units—(33,725,837 and 33,524,952 units issued and outstanding at March 31, 2017 and December 31, 2016, respectively)	206,459	221,044
General Partner’s interest	$ 0	$ 0

Consolidated Balance Sheets Con

Consolidated Balance Sheets Consolidated Balance Sheet Parenthetical - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
AR Allowance	$ 434	$ 487
Common units-public
shares issued	33,725,837	33,524,952
Shares outstanding	33,725,837	33,524,952

Consolidated and Combined State

Consolidated and Combined Statements of Operations - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Operating revenues (a)	$ 469,286	$ 367,740
Cost of sales (b)	431,840	330,550
Gross profit	37,446	37,190
Income from CST Fuel Supply equity interests	3,603	4,051
Operating expenses:
Operating expenses	15,260	15,411
General and administrative expenses	5,817	7,005
Depreciation, amortization and accretion expense	14,348	12,900
Total operating expenses	35,425	35,316
Loss on sales of assets, net	(44)	(4)
Operating income	5,580	5,921
Other income, net	118	118
Interest expense	(6,702)	(5,065)
Income (loss) before income taxes	(1,004)	974
Income tax benefit	2,701	795
Consolidated net income	1,697	1,769
Less: net income attributable to noncontrolling interests	1	2
Net income attributable to CrossAmerica limited Partners	1,696	1,767
IDR distributions	(992)	(759)
Net income available to CrossAmerica limited Partners	$ 704	$ 1,008
Net income per CrossAmerica limited partner unit:
Basic earnings per common unit	$ 0.02	$ 0.03
Diluted earnings per common unit	$ 0.02	0.03
Basic and diluted earnings per subordinated unit		$ 0.03
Weighted-average CrossAmerica limited partner units
Basic common units	33,588,163	28,475,363
Diluted common units	33,622,661	28,545,975
Basic and diluted subordinated units	0	4,630,769
Total diluted common and subordinated units	33,622,661	33,176,744
Distribution paid per common and subordinated units	$ 0.6125	$ 0.5925
Distribution declared (with respect to each respective period) per common and subordinated units	$ 0.6175	$ 0.5975
Supplemental information:
(a) Includes excise taxes of:	$ 18,552	$ 19,893
(a) Includes revenues from fuel sales to related parties of:	84,829	73,308
(a) Includes income from rentals of:	21,441	19,531
(b) Includes expenses from fuel sales to related parties of:	81,968	70,252
(b) Includes expenses from rentals of:	$ 4,791	$ 4,748

Consolidated and Combined Stat5

Consolidated and Combined Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Cash Flows From operating activities
Consolidated net income	$ 1,697	$ 1,769
Adjustments to reconcile net income to net cash flows provided by operating activities:
Depreciation, amortization and accretion expense	14,348	12,900
Amortization of deferred financing fees	424	369
Amortization of below market leases, net	27	29
Provision for losses on doubtful accounts	4	24
Deferred Income Taxes	(3,182)	(894)
Equity-based employee and directors compensation expense	866	1,282
Amended Omnibus Agreement fees: settled in common units	3,300	2,000
Loss on sales of assets, net	44	4
Changes in working capital, net of acquisitions	4,244	1,086
Net cash provided by operating activities	21,772	18,569
Cash Flows From investing activities
Proceeds from sale of property and equipment	342	47
Capital expenditures	(2,517)	(3,498)
Principal payments received on notes receivable	64	18
Cash paid in connection with acquisitions, net of cash acquired	0	(52,262)
Cash paid to CST in connection with acquisitions	0	(2,900)
Net cash used in investing activities	(2,111)	(58,595)
Cash Flows From financing activities
Borrowings under the revolving credit facility	31,026	90,308
Repayments on the revolving credit facility	(24,026)	(25,658)
Repurchases of common units	0	(2,752)
Payments of long-term debt and capital lease obligations	(495)	(489)
Payments of sale leaseback obligations	(201)	(173)
Distributions paid on distribution equivalent rights	(7)	(13)
Distributions paid to holders of the IDRs	(992)	(759)
Distributions paid to noncontrolling interests	(24)	(37)
Distributions paid on common and subordinated units	(20,534)	(19,618)
Net cash (used in) provided by financing activities	(15,253)	40,809
Net increase in cash	4,408	783
Cash and Cash Equivalents
Cash at beginning of period	1,350	1,192
Cash at end of period	$ 5,758	$ 1,975

Consolidated Statements of Part

Consolidated Statements of Partners’ Capital and Comprehensive Income Statement $ in Thousands	USD ($)
Partners' Capital, Including Portion Attributable to Noncontrolling Interest	$ 220,811
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	1,697
Payments to Acquire Limited Partnership Interests	0
Partners' Capital, Including Portion Attributable to Noncontrolling Interest	$ 206,203

Description of Business, Concen

Description of Business, Concentration Risk and Other Disclosures	3 Months Ended
	Mar. 31, 2017
Accounting Policies [Abstract]
Description of Business, Concentration Risk and Other Disclosures	DESCRIPTION OF BUSINESS AND OTHER DISCLOSURES CST’s Merger Agreement Under the terms of the Merger Agreement, Circle K Stores Inc. will, through its acquisition of CST, control CST’s interest in the General Partner and CST’s 20.2% limited partner interest in CrossAmerica as well as own all of the IDRs. The closing of the transaction is subject to the receipt of regulatory approvals in the United States and Canada. The transaction is currently expected to close in the second quarter of 2017. Description of Business Our business consists of: • the wholesale distribution of motor fuels; • the retail distribution of motor fuels to end customers at retail sites operated by commission agents or us; • the owning or leasing of retail sites used in the retail distribution of motor fuels and, in turn, generating rental income from the lease or sublease of the retail sites; and • the operation of retail sites. The financial statements reflect the consolidated results of the Partnership and its wholly owned subsidiaries. Our primary operations are conducted by the following consolidated wholly owned subsidiaries: • LGW, which distributes motor fuels on a wholesale basis and generates qualified income under Section 7704(d) of the Internal Revenue Code; • LGPR, which functions as the real estate holding company of CrossAmerica and holds assets that generate rental income that is qualifying under Section 7704(d) of the Internal Revenue Code; and • LGWS, which owns and leases (or leases and sub-leases) real estate and personal property used in the retail distribution of motor fuels, as well as provides maintenance and other services to its customers. In addition, LGWS distributes motor fuels on a retail basis and sells convenience merchandise items to end customers at company operated retail sites and sells motor fuel on a retail basis at sites operated by commission agents. Income from LGWS generally is not qualifying income under Section 7704(d) of the Internal Revenue Code. In 2015, we issued our common units as consideration in the purchase of equity interests in CST Fuel Supply and the real property associated with certain of CST’s NTI retail sites. In addition, we also issued, and may continue to issue, our common units as payment for charges and expenses incurred by us under the Amended Omnibus Agreement. There is no obligation for CST or our General Partner to accept partnership units in lieu of cash for amounts due under the Amended Omnibus Agreement. Pursuant to a common unit purchase program announced in September 2015, CST has, from time to time, also acquired our common units through open market purchases. The Merger Agreement prohibits CST from purchasing any of our common units. At March 31, 2017 , after giving effect to these transactions, CST owned 20.2% of our limited partner interests. 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 March 31, 2017 and for the three months ended March 31, 2017 and 2016 included in the consolidated financial statements has been derived from our unaudited financial statements. Financial information as of December 31, 2016 has been derived from our audited financial statements and notes thereto as of that date. Operating results for the three months ended March 31, 2017 are not necessarily indicative of the results that may be expected for the year ending December 31, 2017. 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 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 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. Significant Accounting Policies There have been no material changes to the significant accounting policies described in our Form 10-K. New Accounting Pronouncements In May 2014, the FASB issued ASU 2014-09– Revenue from Contracts with Customers (Topic 606) , which results in comprehensive new revenue accounting guidance, requires enhanced disclosures to help users of financial statements better understand the nature, amount, timing, and uncertainty of revenue that is recognized, and develops a common revenue standard under U.S. GAAP and International Financial Reporting Standards. Specifically, the core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods and services. With the issuance of ASU 2015-14, which deferred the effective date by one year, this guidance is effective January 1, 2018. The guidance can be applied either retrospectively to each prior reporting period presented, or as a cumulative-effect adjustment as of the date of adoption. Although management continues to evaluate the impact of adopting this new guidance, we do not expect the adoption to have a material impact on the financial statements, although it will affect disclosures. In February 2016, the FASB issued ASU 2016-02– Leases (Topic 842). This standard modifies existing guidance for reporting organizations that enter into leases to increase transparency by recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. ASU 2016-02 is effective for fiscal years and interim periods within those years beginning after December 15, 2018, and requires a modified retrospective approach to adoption. Early adoption is permitted. Management continues to evaluate the impact of this new guidance, but the adoption will have a material impact on our balance sheet. We do not anticipate adopting this guidance early. We intend to apply each of the practical expedients in adopting this new guidance. In October 2016, the FASB issued ASU 2016-16– Income Taxes (Topic 740): Intra-Entity Transfers of Assets Other Than Inventory. This standard requires companies to account for income tax effects of intercompany transactions other than inventory in the period in which the transfer occurs. This guidance is effective January 1, 2018 and requires a modified retrospective application through a cumulative-effect adjustment directly to retained earnings as of the beginning of the period of adoption. We have chosen to early adopt the standard effective January 1, 2017, which had no impact as of the date of adoption but could impact us in the future. In January 2017, the FASB issued ASU 2017-01– Business Combinations (Topic 805): Clarifying the Definition of a Business. This standard clarifies the definition of a business with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. The definition of a business affects many areas of accounting including acquisitions, disposals, goodwill and consolidation. ASU 2017-01 is effective for public fiscal years and interim periods within those years beginning after December 15, 2017. We have chosen to early adopt this standard effective January 1, 2017. Although there was no impact upon adoption, among other things, this guidance will result in the capitalization rather than expensing of acquisition costs in future transactions that will be accounted for as asset acquisitions rather than business combinations under the new definition of a business. In January 2017, the FASB issued ASU 2017-04– Intangibles – Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment. This standard removes Step 2 of the goodwill impairment test. A goodwill impairment will now be the amount by which a reporting unit’s carrying value exceeds its fair value, not to exceed the carrying amount of goodwill. ASU 2017-04 is effective for a Company's annual or any interim goodwill impairment tests in fiscal years beginning after December 15, 2019. Management has elected to early adopt this guidance effective January 1, 2017, which had no impact upon adoption but could result in a change in the measurement of an impairment loss if an impairment was required to be recorded in the future. Certain other new financial accounting pronouncements have become effective for our financial statements but the adoption of these pronouncements did not materially impact our financial position, results of operations or disclosures. Concentration Risk For the three months ended March 31, 2017 , we distributed approximately 14% of our total wholesale distribution volumes to DMS and its affiliates and DMS and its affiliates accounted for approximately 23% of our rental income. For the three months ended March 31, 2016 , we distributed approximately 17% of our total wholesale distribution volumes to DMS and its affiliates and DMS and its affiliates accounted for approximately 30% of our rental income. For more information regarding transactions with DMS and its affiliates, see Note 7 . For the three months ended March 31, 2017 , our wholesale business purchased approximately 28% , 27% and 22% of its motor fuel from ExxonMobil, BP and Motiva (Shell), respectively. For the three months ended March 31, 2016 , our wholesale business purchased approximately 29% , 28% and 26% of its motor fuel from ExxonMobil, BP and Motiva (Shell), respectively. No other fuel suppliers accounted for 10% or more of our motor fuel purchases during the three months ended March 31, 2017 and 2016 . Valero supplied substantially all of the motor fuel purchased by CST Fuel Supply during all periods presented. During the three months ended March 31, 2017 and 2016 , CST Fuel Supply purchased approximately 0.4 billion and 0.5 billion gallons of motor fuel from Valero, respectively. For the three months ended March 31, 2017 , we distributed 7% of our total wholesale distribution volume to CST retail sites that are not supplied by CST Fuel Supply and received 20% of our rental income from CST. For the three months ended March 31, 2016 , we distributed 8% of our total wholesale distribution volume to CST retail sites that are not supplied by CST Fuel Supply and received 22% of our rental income from CST. For the three months ended March 31, 2017 , we received 9% of our rental income from a lessee dealer that operates certain of the retail sites acquired through the PMI and One Stop acquisitions. For the three months ended March 31, 2016 , we received 6% of our rental income from this lessee dealer.

Assets Held for Sale (Notes)

Assets Held for Sale (Notes)	3 Months Ended
	Mar. 31, 2017
Property, Plant and Equipment Assets Held-for-sale Disclosure [Abstract]
Assets Held for Sale Disclosure	ASSETS HELD FOR SALE We have classified three and four retail sites as held for sale at March 31, 2017 and December 31, 2016 , respectively. These assets are expected to be sold within a year of the date they were initially classified as held for sale. Assets held for sale were as follows (in thousands): March 31, December 31, 2017 2016 Land $ 712 $ 882 Buildings and site improvements 742 1,054 Equipment and other 258 702 Total 1,712 2,638 Less accumulated depreciation (337 ) (527 ) Assets held for sale $ 1,375 $ 2,111

Inventories (Notes)

Inventories (Notes)	3 Months Ended
	Mar. 31, 2017
Inventory Disclosure [Abstract]
Inventories Disclosure	INVENTORIES Inventories consisted of the following (in thousands): March 31, December 31, 2017 2016 Retail site merchandise $ 8,337 $ 8,374 Motor fuel 4,453 4,790 Inventories $ 12,790 $ 13,164

Property and Equipment (Notes)

Property and Equipment (Notes)	3 Months Ended
	Mar. 31, 2017
Property, Plant and Equipment [Abstract]
Property and Equipment Disclosure	PROPERTY AND EQUIPMENT Property and equipment, net consisted of the following (in thousands): March 31, December 31, 2017 2016 Land $ 280,561 $ 280,400 Buildings and site improvements 347,635 346,834 Leasehold improvements 9,359 9,095 Equipment and other 171,734 169,245 Construction in progress 3,497 3,173 Property and equipment, at cost 812,786 808,747 Accumulated depreciation and amortization (141,818 ) (131,418 ) Property and equipment, net $ 670,968 $ 677,329

Intangible Assets Intangible As

Intangible Assets Intangible Assets (Notes)	3 Months Ended
	Mar. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets Disclosure [Text Block]	INTANGIBLE ASSETS Intangible assets consisted of the following (in thousands): March 31, 2017 December 31, 2016 Gross Amount Accumulated Amortization Net Carrying Amount Gross Amount Accumulated Amortization Net Carrying Amount Wholesale fuel supply contracts/rights $ 118,201 $ (47,339 ) $ 70,862 $ 118,201 $ (44,298 ) $ 73,903 Trademarks 1,094 (726 ) 368 1,094 (685 ) 409 Covenant not to compete 4,131 (2,700 ) 1,431 4,131 (2,503 ) 1,628 Below market leases 11,401 (7,269 ) 4,132 12,081 (7,261 ) 4,820 Total intangible assets $ 134,827 $ (58,034 ) $ 76,793 $ 135,507 $ (54,747 ) $ 80,760

Debt (Notes)

Debt (Notes)	3 Months Ended
	Mar. 31, 2017
Debt Disclosure [Abstract]
Debt Disclosure	DEBT Our balances for long-term debt and capital lease obligations are as follows (in thousands): March 31, December 31, 2017 2016 $550 million revolving credit facility $ 448,500 $ 441,500 Note payable 808 822 Capital lease obligations 28,759 28,455 Total debt and capital lease obligations 478,067 470,777 Current portion 2,123 2,100 Noncurrent portion 475,944 468,677 Deferred financing fees (3,151 ) (3,558 ) Noncurrent portion, net of deferred financing fees $ 472,793 $ 465,119 Our $550 million revolving credit facility is secured by substantially all of our assets. Letters of credit outstanding at March 31, 2017 and December 31, 2016 totaled $6.5 million . The amount of availability at March 31, 2017 under the revolving credit facility, after taking into account debt covenant restrictions, was $85.7 million . In connection with future acquisitions, the revolving credit facility requires, among other things, that we have, after giving effect to such acquisition, at least $20.0 million in the aggregate of borrowing availability under the revolving credit facility and unrestricted cash on the balance sheet on the date of such acquisition. Financial Covenants and Interest Rate We are required to comply with certain financial covenants under the credit facility. We are required to maintain a total leverage ratio (as defined in the credit facility) for the most recently completed four fiscal quarters of less than or equal to 4.50 : 1.00, except for periods following a material acquisition. The total leverage ratio shall not exceed 5.00 : 1.00 for the first three full fiscal quarters following the closing of a material acquisition. If we issued Qualified Senior Notes (as defined in the credit facility) in the aggregate principal amount of $175.0 million or greater, the ratio shall not exceed 5.50 : 1.00. If we issued Qualified Senior Notes of $175.0 million or greater, we are also required to maintain a senior leverage ratio (as defined in the credit facility) of less than or equal to 3.00 : 1.00 and a consolidated interest coverage ratio (as defined in the credit facility) of at least 2.75 : 1.00. As of March 31, 2017 , we were in compliance with these covenants. Outstanding borrowings under the revolving credit facility bear interest at LIBOR plus a margin of 3.00% . Our borrowings had an interest rate of 3.95% as of March 31, 2017 .

Related-Party (Notes)

Related-Party (Notes)	3 Months Ended
	Mar. 31, 2017
Related Party Transactions [Abstract]
Related Party Disclosure	RELATED-PARTY TRANSACTIONS Transactions with CST Fuel Sales and Rental Income We sell wholesale motor fuel under a master fuel distribution agreement to 43 CST retail sites and lease real property on 74 retail sites to CST under a master lease agreement each having initial 10 -year terms. The fuel distribution agreement provides us with a fixed wholesale mark-up per gallon. The master lease agreement is a triple net lease. Revenues from wholesale fuel sales and real property rental income from CST were as follows (in thousands): Three Months Ended March 31, 2017 2016 Revenues from motor fuel sales to CST $ 30,380 $ 23,257 Rental income from CST $ 4,280 $ 4,317 Receivables from CST were $2.9 million and $3.2 million at March 31, 2017 and December 31, 2016 , respectively, related to these transactions. Amended Omnibus Agreement and Management Fees We incurred $4.3 million and $4.5 million for the three months ended March 31, 2017 and 2016, respectively, including incentive compensation costs and non-cash stock-based compensation expense under the Amended Omnibus Agreement, which are recorded as a component of operating expenses and general and administrative expenses in the statement of operations. Amounts payable to CST were $9.1 million and $10.0 million at March 31, 2017 and December 31, 2016, respectively. Common Units Issued to CST as Consideration for Amounts Due Under the Terms of the Amended Omnibus Agreement As approved by the independent conflicts committee of the Board and the executive committee of CST’s board of directors, the Partnership and CST mutually agreed to settle, from time to time, some or all of the amounts due under the terms of the Amended Omnibus Agreement in newly issued common units representing limited partner interests in the Partnership. We issued the following common units to CST as consideration for amounts due under the terms of the Amended Omnibus Agreement: Period Date of Issuance Number of Common Units Issued Quarter ended December 31, 2016 February 28, 2017 171,039 Quarter ended March 31, 2017 * 128,983 * Expected to be issued on May 10, 2017 CST Fuel Supply Equity Interests CST Fuel Supply provides wholesale motor fuel distribution to the majority of CST’s U.S. retail sites on a fixed markup per gallon. We owned a 17.5% total interest in CST Fuel Supply at March 31, 2017 and 2016. We account for the income derived from our equity interest of CST Fuel Supply as “Income from CST Fuel Supply equity” on our statement of operations, which amounted to $3.6 million and $4.1 million for the three months ended March 31, 2017 and 2016 , respectively. Purchase of Fuel from CST We purchase the fuel supplied to 32 retail sites from CST Fuel Supply, of which we own a 17.5% interest, and resell the wholesale motor fuel to independent dealers and subwholesalers. We purchased $5.7 million and $3.0 million of motor fuel from CST Fuel Supply for the three months ended March 31, 2017 and 2016 , respectively, in connection with these retail sites. IDR and Common Unit Distributions We distributed $1.0 million and $0.8 million to CST related to its ownership of our IDRs and $4.1 million and $3.7 million related to its ownership of our common units during the three months ended March 31, 2017 and 2016 , respectively. Wholesale Motor Fuel Sales and Real Estate Rentals Revenues from motor fuel sales and rental income from DMS and its affiliates were as follows (in thousands): Three Months Ended March 31, 2017 2016 Revenues from motor fuel sales to DMS and its affiliates $ 54,449 $ 50,051 Rental income from DMS and its affiliates $ 4,975 $ 5,693 Receivables from DMS and its affiliates totaled $8.3 million and $8.6 million at March 31, 2017 and December 31, 2016 , respectively. Revenues from rental income from Topstar were $0.1 million for each of the three months ended March 31, 2017 and 2016 . We lease real estate from certain entities affiliated with Joseph V. Topper, Jr. Rent expense paid to these entities was $0.2 million for each of the three months ended March 31, 2017 and 2016 . Maintenance and Environmental Costs Certain maintenance and environmental monitoring and remediation activities are performed by a related party of Joseph V. Topper, Jr. as approved by the independent conflicts committee of the Board. We incurred charges with this related party of $0.2 million and $0.6 million for the three months ended March 31, 2017 and 2016 , respectively. Aircraft Usage Costs From time to time, we lease, on a non-exclusive basis, aircraft owned by a group of individuals that includes Joseph V. Topper, Jr. and John B. Reilly, III, members of our Board, as previously approved in August 2013 by the independent conflicts committee of the Board. Lease costs incurred by us for use of these aircraft were not significant for each of the three months ended March 31, 2017 and 2016 . Principal Executive Offices Our principal executive offices are in Allentown, Pennsylvania. We sublease office space from CST that CST leases from an affiliate of John B. Reilly, III and Joseph V. Topper, Jr., directors of our Board. The management fee charged by CST to us under the Amended Omnibus Agreement incorporates this rental expense, which amounted to $0.2 million and $0.1 million for the three months ended March 31, 2017 and 2016, respectively.

Commitments and Contingencies (

Commitments and Contingencies (Notes)	3 Months Ended
	Mar. 31, 2017
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	COMMITMENTS AND CONTINGENCIES 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 a reserve 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. None of these proceedings, separately or in the aggregate, are expected to 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. We are a co-defendant, together with our General Partner, CST and CST Services LLC, in a lawsuit brought by Charles Nifong, a former employee of CST Services LLC who previously provided services to us as Chief Investment Officer and Vice President of Finance (Court of Common Pleas, Lehigh County, Pennsylvania, case number 2015-1003). The plaintiff alleges breach of contract and associated claims relating to his termination of employment and claimed severance benefits under the EICP totaling approximately $1.6 million . We intend to contest the action vigorously. Under the EICP, we are obligated to pay reasonable legal expenses incurred by the plaintiff in connection with this dispute whether we are successful in our defense or not, which we expense as incurred. Environmental Matters 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. Under the Amended Omnibus Agreement, the Predecessor Entity must indemnify us for any costs or expenses that it incurs 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. The Predecessor Entity’s environmental liabilities and indemnification assets associated with contributed sites amounted to $5.5 million and $3.5 million at March 31, 2017 and $6.1 million and $5.1 million at December 31, 2016.

Fair Value Measurements (Notes)

Fair Value Measurements (Notes)	3 Months Ended
	Mar. 31, 2017
Fair Value Disclosures [Abstract]
Fair Value Measurements	FAIR VALUE MEASUREMENTS General 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. The following is a description of the three hierarchy levels. Level 1—Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities. Active markets are considered to be those in which transactions for the assets or liabilities occur in sufficient frequency and volume to provide pricing information on an ongoing basis. Level 2—Quoted prices in markets that are not active, or inputs which are observable, either directly or indirectly, for substantially the full term of the asset or liability. This category includes quoted prices for similar assets or liabilities in active markets and quoted prices for identical or similar assets or liabilities in inactive markets. Level 3—Unobservable inputs are not corroborated by market data. This category is comprised of financial and non-financial assets and liabilities whose fair value is estimated based on internally developed models or methodologies using significant inputs that are generally less readily observable from objective sources. 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 2017 or 2016 . As further discussed in Note 10 , we have accrued for unvested phantom units and vested and unvested profits interests as a liability and adjust that liability on a recurring basis based on the market price of our common units each balance sheet date. Such fair value measurements are deemed Level 1 measurements. Financial Instruments The fair value of our accounts receivable, notes receivable, and accounts payable approximated their carrying values as of March 31, 2017 and 2016 due to the short-term maturity of these instruments. The fair value of the revolving credit facility approximated its carrying values of $448.5 million as of March 31, 2017 and $441.5 million as of December 31, 2016 , due to the frequency with which interest rates are reset and the consistency of the market spread.

Equity-Based Compensation (Note

Equity-Based Compensation (Notes)	3 Months Ended
	Mar. 31, 2017
Equity-Based Compensation [Abstract]
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	EQUITY-BASED COMPENSATION Overview We record equity-based compensation as a component of general and administrative expenses in the statements of operations. Compensation expense for the three months ended March 31, 2017 and 2016 was $0.9 million and $1.3 million , respectively. Partnership Equity-Based Awards No Partnership awards were granted to CST employees in the first quarter of 2017. Since we grant awards to employees of CST who provide services to us under the Amended Omnibus Agreement, and since the grants may be settled in cash, unvested phantom units and vested and unvested profits interests receive fair value variable accounting treatment. As such, they are measured at fair value at each balance sheet reporting date and the cumulative compensation cost recognized is classified as a liability, which is included in accrued expenses and other current liabilities on the consolidated balance sheet. The balance of the accrual at March 31, 2017 and December 31, 2016 totaled $0.8 million and $1.8 million , respectively. CST Awards CST granted equity-based awards of approximately 47,000 in the form of time vested restricted stock units of CST and 102,000 in the form of time vested restricted stock units of CST, stock options of CST and market share units of CST for the three months ended March 31, 2017 and 2016 , respectively, which were granted to certain employees of CST for services rendered on our behalf. Expense associated with these awards that was charged to us under the Amended Omnibus Agreement was $0.7 million for each of the three months ended March 31, 2017 and 2016 . At the completion of the Merger, each CST stock option, restricted share and restricted stock unit that is outstanding immediately prior to the completion of the Merger, whether vested or unvested, will become fully vested and be converted into the right to receive a cash payment as defined in the Merger Agreement. At the completion of the Merger, each award of CST restricted stock units that was granted in February 2017 will be converted into the right to receive a cash payment as defined in the Merger Agreement, but such award will remain subject to the same vesting terms and payment schedule as those set forth in the original restricted stock unit award agreement; provided that, upon completion of the Merger, such award will vest in full upon an involuntary termination of employment without cause, or termination for “Good Reason”, or termination due to death, “Disability” or “Retirement.” Awards to Members of the Board In December 2016, the Partnership granted 11,476 phantom units to non-employee directors of the Board as a portion of director compensation. Such awards vest in December 2017. All director equity awards contain a provision providing for acceleration of vesting upon a change in control. The Merger will constitute a change in control for purposes of these awards. The liability for these awards at March 31, 2017 and December 31, 2016 was $0.1 million . The associated compensation expense was not significant for the three months ended March 31, 2017 and 2016 .

Net Income per Limited Partners

Net Income per Limited Partnership Unit (Notes)	3 Months Ended
	Mar. 31, 2017
Earnings Per Share [Abstract]
Net Income per Limited Partnership Unit Disclosure	NET INCOME PER LIMITED PARTNER UNIT In addition to the common units, we have identified the IDRs as participating securities and compute income per unit using the two-class method under which any excess of distributions declared over net income shall be allocated to the partners based on their respective sharing of income as specified in the Partnership Agreement. Net income per unit applicable to limited partners is computed by dividing the limited partners’ interest in net income (loss), after deducting the IDRs, by the weighted-average number of outstanding common units. The following tables provide a reconciliation of net income (loss) and weighted-average units used in computing basic and diluted net income (loss) per limited partner unit for the following periods (in thousands, except unit and per unit amounts): Three Months Ended March 31, 2017 2016 Common Units Subordinated Units Common Units Subordinated Units Numerator: Distributions paid (a) $ 20,541 $ — $ 15,172 $ 4,459 Allocation of distributions in excess of net income (b) (19,837 ) — (14,305 ) (4,318 ) Limited partners’ interest in net income - basic and diluted $ 704 $ — $ 867 $ 141 Denominator: Weighted average limited partnership units outstanding - basic 33,588,163 — 28,475,363 4,630,769 Adjustment for phantom units 34,498 — 70,612 — Weighted average limited partnership units outstanding - diluted 33,622,661 — 28,545,975 4,630,769 Net income per limited partnership unit - basic $ 0.02 $ — $ 0.03 $ 0.03 Net income per limited partnership unit - diluted $ 0.02 $ — $ 0.03 $ 0.03 (a) Distributions paid per unit were $0.6125 and $0.5925 during the three months ended March 31, 2017 and 2016 , respectively. (b) Allocation of distributions in excess of net income is based on a pro rata proportion to the common and subordinated units as outlined in the Partnership Agreement.

Income Taxes (Notes)

Income Taxes (Notes)	3 Months Ended
	Mar. 31, 2017
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	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, which may differ significantly from income for financial statement purposes, is assessed at the individual limited partner unit holder 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 period presented. Certain activities that generate non-qualifying income are conducted through LGWS. LGWS is a tax paying corporate subsidiary of ours that is subject to federal and state income taxes. Current and deferred income taxes are recognized on the earnings of LGWS. 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 benefits of $2.7 million and $0.8 million for the three months ended March 31, 2017 and 2016, respectively, as a result of losses incurred by our corporate subsidiaries. The effective tax rate differs from the combined federal and state statutory rate because only LGWS is subject to income tax.

Segment Reporting (Notes)

Segment Reporting (Notes)	3 Months Ended
	Mar. 31, 2017
Segment Reporting [Abstract]
Segment Information Disclosure	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, independent dealers, commission agents, DMS, CST and company operated retail sites. 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. Similar to lessee dealers, we have motor fuel distribution agreements with DMS and CST and collect rent from both. The Retail segment includes the sale of convenience merchandise items, the retail sale of motor fuel at company operated retail sites and the retail sale of motor fuel at retail sites operated by commission agents. A commission agent 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. As part of our evaluation of the economic performance of our retail sites, we will from time to time convert company owned retail sites from our Retail segment to lessee dealers in our Wholesale segment. As a result, we no longer generate revenues from the retail sale of motor fuel or merchandise at these stores subsequent to the date of conversion and we no longer incur retail operating expenses related to these retail sites. However, we continue to supply these retail sites with motor fuel on a wholesale basis pursuant to the fuel supply contract with the lessee dealer. Further, we continue to own/lease the property and earn rental income under lease/sublease agreements with the lessee dealers under triple net leases. The lessee dealer owns all motor fuel and convenience merchandise and retains all gross profit on such operating activities. Unallocated items consist primarily of general and administrative expenses, depreciation, amortization and accretion expense, gains on sales of assets, net, and the elimination of the Retail segment’s intersegment cost of revenues from motor fuel sales against the Wholesale segment’s intersegment revenues from motor fuel sales. The profit in ending inventory generated by the intersegment motor fuel sales is also eliminated. Total assets by segment are not presented as management does not currently assess performance or allocate resources based on that data. The following table reflects activity related to our reportable segments (in thousands): Wholesale Retail Unallocated Consolidated Three Months Ended March 31, 2017 Revenues from fuel sales to external customers $ 339,088 $ 84,203 $ — $ 423,291 Intersegment revenues from fuel sales 61,616 — (61,616 ) — Revenues from food and merchandise sales — 24,020 — 24,020 Rent income 19,639 1,802 — 21,441 Other revenue 534 — — 534 Total revenues $ 420,877 $ 110,025 $ (61,616 ) $ 469,286 Income from CST Fuel Supply Equity $ 3,603 $ — $ — $ 3,603 Operating income (loss) $ 25,652 $ 145 $ (20,217 ) $ 5,580 Three Months Ended March 31, 2016 Revenues from fuel sales to external customers $ 243,403 $ 74,038 $ — $ 317,441 Intersegment revenues from fuel sales 48,437 — (48,437 ) — Revenues from food and merchandise sales — 30,449 30,449 Rent income 18,199 1,332 — 19,531 Other revenue 319 — — 319 Total revenues $ 310,358 $ 105,819 $ (48,437 ) $ 367,740 $ (13,179 ) Income from CST Fuel Supply Equity $ 4,051 $ — $ — $ 4,051 Operating income (loss) $ 24,041 $ 1,670 $ (19,790 ) $ 5,921

Supplemental Cash Flow Informat

Supplemental Cash Flow Information (Notes)	3 Months Ended
	Mar. 31, 2017
Supplemental Cash Flow Elements [Abstract]
Supplemental Cash Flow Information	SUPPLEMENTAL CASH FLOW INFORMATION In order to determine net cash provided by operating activities, net income is adjusted by, among other things, changes in current assets and current liabilities as follows (in thousands): Three Months Ended March 31, 2017 2016 Decrease (increase): Accounts receivable $ 7,020 $ (1,207 ) Accounts receivable from related parties 491 (655 ) Inventories 330 4,685 Other current assets 1,223 (560 ) Other assets (1,257 ) (1,702 ) Increase (decrease): Accounts payable (2,845 ) 782 Accounts payable to related parties (339 ) 2,018 Motor fuel taxes payable (25 ) (3,341 ) Accrued expenses and other current liabilities (210 ) 444 Other long-term liabilities (144 ) 622 Changes in working capital, net of acquisitions $ 4,244 $ 1,086 The above changes in current assets and current liabilities may differ from changes between amounts reflected in the applicable balance sheets for the respective periods due to acquisitions. Supplemental disclosure of cash flow information (in thousands): Three Months Ended March 31, 2017 2016 Cash paid for interest $ 6,157 $ 4,695 Cash paid for income taxes, net of refunds received $ 50 $ 708 Supplemental schedule of non-cash investing and financing activities (in thousands): Three Months Ended March 31, 2017 2016 Sale of property and equipment in Section 1031 like-kind exchange transactions $ — $ 909 Issuance of capital lease obligations and recognition of asset retirement obligation related to Getty lease $ 785 $ 1,240 Amended Omnibus Agreement fees settled in our common units $ 4,510 $ 3,345

Distributions (Notes)

Distributions (Notes)	3 Months Ended
	Mar. 31, 2017
Distributions [Abstract]
Distributions	DISTRIBUTIONS Distribution activity for 2017 was as follows: Quarter Ended Record Date Payment Date Cash Distribution (per unit) Cash Distribution (in thousands) December 31, 2016 February 6, 2017 February 13, 2017 $ 0.6125 $ 20,534 March 31, 2017 May 8, 2017 May 15, 2017 $ 0.6175 $ 20,906 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.

Description of Business, Conc22

Description of Business, Concentration Risk and Other Disclosures Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2017
Accounting Policies [Abstract]
Concentration Risk, Credit Risk, Policy [Policy Text Block]	Concentration Risk For the three months ended March 31, 2017 , we distributed approximately 14% of our total wholesale distribution volumes to DMS and its affiliates and DMS and its affiliates accounted for approximately 23% of our rental income. For the three months ended March 31, 2016 , we distributed approximately 17% of our total wholesale distribution volumes to DMS and its affiliates and DMS and its affiliates accounted for approximately 30% of our rental income. For more information regarding transactions with DMS and its affiliates, see Note 7 . For the three months ended March 31, 2017 , our wholesale business purchased approximately 28% , 27% and 22% of its motor fuel from ExxonMobil, BP and Motiva (Shell), respectively. For the three months ended March 31, 2016 , our wholesale business purchased approximately 29% , 28% and 26% of its motor fuel from ExxonMobil, BP and Motiva (Shell), respectively. No other fuel suppliers accounted for 10% or more of our motor fuel purchases during the three months ended March 31, 2017 and 2016 . Valero supplied substantially all of the motor fuel purchased by CST Fuel Supply during all periods presented. During the three months ended March 31, 2017 and 2016 , CST Fuel Supply purchased approximately 0.4 billion and 0.5 billion gallons of motor fuel from Valero, respectively. For the three months ended March 31, 2017 , we distributed 7% of our total wholesale distribution volume to CST retail sites that are not supplied by CST Fuel Supply and received 20% of our rental income from CST. For the three months ended March 31, 2016 , we distributed 8% of our total wholesale distribution volume to CST retail sites that are not supplied by CST Fuel Supply and received 22% of our rental income from CST. For the three months ended March 31, 2017 , we received 9% of our rental income from a lessee dealer that operates certain of the retail sites acquired through the PMI and One Stop acquisitions. For the three months ended March 31, 2016 , we received 6% of our rental income from this lessee dealer.

Assets Held for Sale (Tables)

Assets Held for Sale (Tables)	3 Months Ended
	Mar. 31, 2017
Property, Plant and Equipment Assets Held-for-sale Disclosure [Abstract]
Assets Held for Sale	ssets held for sale were as follows (in thousands): March 31, December 31, 2017 2016 Land $ 712 $ 882 Buildings and site improvements 742 1,054 Equipment and other 258 702 Total 1,712 2,638 Less accumulated depreciation (337 ) (527 ) Assets held for sale $ 1,375 $ 2,111

Inventories (Tables)

Inventories (Tables)	3 Months Ended
	Mar. 31, 2017
Inventory Disclosure [Abstract]
Schedule of Inventory	Inventories consisted of the following (in thousands): March 31, December 31, 2017 2016 Retail site merchandise $ 8,337 $ 8,374 Motor fuel 4,453 4,790 Inventories $ 12,790 $ 13,164

Property and Equipment (Tables)

Property and Equipment (Tables)	3 Months Ended
	Mar. 31, 2017
Property, Plant and Equipment [Abstract]
Schedule of Property and Equipment	Property and equipment, net consisted of the following (in thousands): March 31, December 31, 2017 2016 Land $ 280,561 $ 280,400 Buildings and site improvements 347,635 346,834 Leasehold improvements 9,359 9,095 Equipment and other 171,734 169,245 Construction in progress 3,497 3,173 Property and equipment, at cost 812,786 808,747 Accumulated depreciation and amortization (141,818 ) (131,418 ) Property and equipment, net $ 670,968 $ 677,329

Intangible Assets Intangible 26

Intangible Assets Intangible Assets (Tables)	3 Months Ended
	Mar. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Finite-Lived Intangible Assets [Table Text Block]	Intangible assets consisted of the following (in thousands): March 31, 2017 December 31, 2016 Gross Amount Accumulated Amortization Net Carrying Amount Gross Amount Accumulated Amortization Net Carrying Amount Wholesale fuel supply contracts/rights $ 118,201 $ (47,339 ) $ 70,862 $ 118,201 $ (44,298 ) $ 73,903 Trademarks 1,094 (726 ) 368 1,094 (685 ) 409 Covenant not to compete 4,131 (2,700 ) 1,431 4,131 (2,503 ) 1,628 Below market leases 11,401 (7,269 ) 4,132 12,081 (7,261 ) 4,820 Total intangible assets $ 134,827 $ (58,034 ) $ 76,793 $ 135,507 $ (54,747 ) $ 80,760

Debt (Tables)

Debt (Tables)	3 Months Ended
	Mar. 31, 2017
Debt Disclosure [Abstract]
Summary of Debt Outstanding	Our balances for long-term debt and capital lease obligations are as follows (in thousands): March 31, December 31, 2017 2016 $550 million revolving credit facility $ 448,500 $ 441,500 Note payable 808 822 Capital lease obligations 28,759 28,455 Total debt and capital lease obligations 478,067 470,777 Current portion 2,123 2,100 Noncurrent portion 475,944 468,677 Deferred financing fees (3,151 ) (3,558 ) Noncurrent portion, net of deferred financing fees $ 472,793 $ 465,119

Related-Party (Tables)

Related-Party (Tables)	3 Months Ended
	Mar. 31, 2017
Related Party Transaction [Line Items]
Schedule of Share-based Goods and Nonemployee Services Transaction by Supplier [Table Text Block]	We issued the following common units to CST as consideration for amounts due under the terms of the Amended Omnibus Agreement: Period Date of Issuance Number of Common Units Issued Quarter ended December 31, 2016 February 28, 2017 171,039 Quarter ended March 31, 2017 * 128,983 * Expected to be issued on May 10, 2017
CST Brands Inc. [Member]
Related Party Transaction [Line Items]
Summary of Revenues from Related Parties	Revenues from wholesale fuel sales and real property rental income from CST were as follows (in thousands): Three Months Ended March 31, 2017 2016 Revenues from motor fuel sales to CST $ 30,380 $ 23,257 Rental income from CST $ 4,280 $ 4,317
DMS [Member]
Related Party Transaction [Line Items]
Summary of Revenues from Related Parties	Revenues from motor fuel sales and rental income from DMS and its affiliates were as follows (in thousands): Three Months Ended March 31, 2017 2016 Revenues from motor fuel sales to DMS and its affiliates $ 54,449 $ 50,051 Rental income from DMS and its affiliates $ 4,975 $ 5,693

Net Income per Limited Partne29

Net Income per Limited Partnership Unit (Tables)	3 Months Ended
	Mar. 31, 2017
Earnings Per Share [Abstract]
Schedule of Reconciliation of Net Income and Allocation of Net Income to Limited Partners' Interest for Purposes of Computing Net Income per Limited Partner Unit	The following tables provide a reconciliation of net income (loss) and weighted-average units used in computing basic and diluted net income (loss) per limited partner unit for the following periods (in thousands, except unit and per unit amounts): Three Months Ended March 31, 2017 2016 Common Units Subordinated Units Common Units Subordinated Units Numerator: Distributions paid (a) $ 20,541 $ — $ 15,172 $ 4,459 Allocation of distributions in excess of net income (b) (19,837 ) — (14,305 ) (4,318 ) Limited partners’ interest in net income - basic and diluted $ 704 $ — $ 867 $ 141 Denominator: Weighted average limited partnership units outstanding - basic 33,588,163 — 28,475,363 4,630,769 Adjustment for phantom units 34,498 — 70,612 — Weighted average limited partnership units outstanding - diluted 33,622,661 — 28,545,975 4,630,769 Net income per limited partnership unit - basic $ 0.02 $ — $ 0.03 $ 0.03 Net income per limited partnership unit - diluted $ 0.02 $ — $ 0.03 $ 0.03 (a) Distributions paid per unit were $0.6125 and $0.5925 during the three months ended March 31, 2017 and 2016 , respectively. (b) Allocation of distributions in excess of net income is based on a pro rata proportion to the common and subordinated units as outlined in the Partnership Agreement.

Segment Reporting (Tables)

Segment Reporting (Tables)	3 Months Ended
	Mar. 31, 2017
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment [Table Text Block]	The following table reflects activity related to our reportable segments (in thousands): Wholesale Retail Unallocated Consolidated Three Months Ended March 31, 2017 Revenues from fuel sales to external customers $ 339,088 $ 84,203 $ — $ 423,291 Intersegment revenues from fuel sales 61,616 — (61,616 ) — Revenues from food and merchandise sales — 24,020 — 24,020 Rent income 19,639 1,802 — 21,441 Other revenue 534 — — 534 Total revenues $ 420,877 $ 110,025 $ (61,616 ) $ 469,286 Income from CST Fuel Supply Equity $ 3,603 $ — $ — $ 3,603 Operating income (loss) $ 25,652 $ 145 $ (20,217 ) $ 5,580 Three Months Ended March 31, 2016 Revenues from fuel sales to external customers $ 243,403 $ 74,038 $ — $ 317,441 Intersegment revenues from fuel sales 48,437 — (48,437 ) — Revenues from food and merchandise sales — 30,449 30,449 Rent income 18,199 1,332 — 19,531 Other revenue 319 — — 319 Total revenues $ 310,358 $ 105,819 $ (48,437 ) $ 367,740 $ (13,179 ) Income from CST Fuel Supply Equity $ 4,051 $ — $ — $ 4,051 Operating income (loss) $ 24,041 $ 1,670 $ (19,790 ) $ 5,921

Supplemental Cash Flow Inform31

Supplemental Cash Flow Information (Tables)	3 Months Ended
	Mar. 31, 2017
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 current assets and current liabilities as follows (in thousands): Three Months Ended March 31, 2017 2016 Decrease (increase): Accounts receivable $ 7,020 $ (1,207 ) Accounts receivable from related parties 491 (655 ) Inventories 330 4,685 Other current assets 1,223 (560 ) Other assets (1,257 ) (1,702 ) Increase (decrease): Accounts payable (2,845 ) 782 Accounts payable to related parties (339 ) 2,018 Motor fuel taxes payable (25 ) (3,341 ) Accrued expenses and other current liabilities (210 ) 444 Other long-term liabilities (144 ) 622 Changes in working capital, net of acquisitions $ 4,244 $ 1,086
Schedule of Supplemental Cash Flow Information	Supplemental disclosure of cash flow information (in thousands): Three Months Ended March 31, 2017 2016 Cash paid for interest $ 6,157 $ 4,695 Cash paid for income taxes, net of refunds received $ 50 $ 708
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): Three Months Ended March 31, 2017 2016 Sale of property and equipment in Section 1031 like-kind exchange transactions $ — $ 909 Issuance of capital lease obligations and recognition of asset retirement obligation related to Getty lease $ 785 $ 1,240 Amended Omnibus Agreement fees settled in our common units $ 4,510 $ 3,345

Distributions (Tables)

Distributions (Tables)	3 Months Ended
	Mar. 31, 2017
Distributions [Abstract]
Distributions Made to Limited Partner, by Distribution [Table Text Block]	Distribution activity for 2017 was as follows: Quarter Ended Record Date Payment Date Cash Distribution (per unit) Cash Distribution (in thousands) December 31, 2016 February 6, 2017 February 13, 2017 $ 0.6125 $ 20,534 March 31, 2017 May 8, 2017 May 15, 2017 $ 0.6175 $ 20,906

Description of Business, Conc33

Description of Business, Concentration Risk and Other Disclosures - Description of Business Narrative (Details)	3 Months Ended
	Mar. 31, 2017
Description of Business [Abstract]
Limited Liability Company (LLC) or Limited Partnership (LP), Managing Member or General Partner, Ownership Interest	20.20%

Description of Business, Conc34

Description of Business, Concentration Risk and Other Disclosures - Concentration Risk Narrative (Details) - gal gal in Billions	3 Months Ended		12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Valero Energy Corporation [Member]
Concentration Risk [Line Items]
Purchases Under Supply Agreements Volume	0.4	0.5
Wholesale Distribution Volumes [Member] | DMS [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	14.00%	17.00%
Wholesale Distribution Volumes [Member] | CST Brands Inc. [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	7.00%	8.00%	8.00%
Rental Income [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	9.00%
Rental Income [Member] | DMS [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	23.00%	30.00%
Rental Income [Member] | CST Brands Inc. [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	20.00%	22.00%
Supplier Concentration Risk [Member] | ExxonMobil, Corp [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	28.00%	29.00%
Supplier Concentration Risk [Member] | BP P.L.C [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	27.00%	28.00%
Supplier Concentration Risk [Member] | Motiva (Shell) [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	22.00%	26.00%
Supplier Concentration Risk [Member] | Other suppliers [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	10.00%

Assets Held for Sale - Narrativ

Assets Held for Sale - Narrative (Details)	Mar. 31, 2017	Dec. 31, 2016
Assets Held-for-sale
Long Lived Assets Held-for-sale [Line Items]
Number of Stores	3	4

- Schedule of Assets Held for S

- Schedule of Assets Held for Sale (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Long Lived Assets Held-for-sale [Line Items]
Land	$ 280,561	$ 280,400
Buildings and site improvements	347,635	346,834
Equipment and other	171,734	169,245
Total	812,786	808,747
Less accumulated depreciation	(141,818)	(131,418)
Assets held for sale	670,968	677,329
Assets Held-for-sale
Long Lived Assets Held-for-sale [Line Items]
Land	712	882
Buildings and site improvements	742	1,054
Equipment and other	258	702
Total	1,712	2,638
Less accumulated depreciation	(337)	(527)
Assets held for sale	$ 1,375	$ 2,111

Inventories (Details)

Inventories (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Inventory Disclosure [Abstract]
Retail site merchandise	$ 8,337	$ 8,374
Motor fuel	4,453	4,790
Inventories	$ 12,790	$ 13,164

Property and Equipment - Narrat

Property and Equipment - Narrative (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Property, Plant and Equipment [Line Items]
Property and equipment, net	$ 670,968	$ 677,329
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	$ 141,818	$ 131,418

Property and Equipment (Details

Property and Equipment (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Property, Plant and Equipment [Abstract]
Land	$ 280,561	$ 280,400
Buildings and site improvements	347,635	346,834
Leasehold improvements	9,359	9,095
Equipment and other	171,734	169,245
Construction in progress	3,497	3,173
Property and equipment, at cost	812,786	808,747
Accumulated depreciation and amortization	(141,818)	(131,418)
Property and equipment, net	$ 670,968	$ 677,329

Intangible Assets Schedule of I

Intangible Assets Schedule of Intangible Assets (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	$ 134,827	$ 135,507
Finite-Lived Intangible Assets, Accumulated Amortization	(58,034)	(54,747)
Intangible assets, net	76,793	80,760
Wholesale fuel supply contracts/rights
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	118,201	118,201
Finite-Lived Intangible Assets, Accumulated Amortization	(47,339)	(44,298)
Intangible assets, net	70,862	73,903
Trademarks [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	1,094	1,094
Finite-Lived Intangible Assets, Accumulated Amortization	(726)	(685)
Intangible assets, net	368	409
Covenant not to compete
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	4,131	4,131
Finite-Lived Intangible Assets, Accumulated Amortization	(2,700)	(2,503)
Intangible assets, net	1,431	1,628
Below market lease
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	11,401	12,081
Finite-Lived Intangible Assets, Accumulated Amortization	(7,269)	(7,261)
Intangible assets, net	$ 4,132	$ 4,820

Debt Debt - Narrative (Details)

Debt Debt - Narrative (Details) $ in Millions	3 Months Ended
	Mar. 31, 2017USD ($)
Debt Instrument [Line Items]
Letters of Credit Outstanding, Amount	$ 6.5
Line of Credit Facility, Remaining Borrowing Capacity	85.7
Minimum [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Remaining Borrowing Capacity	20
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	550
Senior Notes [Member] | Minimum [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount	$ 175
Line Of Credit Facility Financial Covenants Combined Interest Charge Coverage Ratio	2.75
Senior Notes [Member] | Maximum [Member]
Debt Instrument [Line Items]
Line Of Credit Facility Financial Covenants Combined Leverage Ratio	3
Notes Payable to Banks [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Interest Rate at Period End	3.95%
Previously completed four fiscal quarters [Member] | Revolving Credit Facility [Member] | Maximum [Member]
Debt Instrument [Line Items]
Line Of Credit Facility Financial Covenants Combined Leverage Ratio	4.50
Three Quarters Following Closing of Material Acquisition [Member] | Revolving Credit Facility [Member] | Maximum [Member]
Debt Instrument [Line Items]
Line Of Credit Facility Financial Covenants Combined Leverage Ratio	5
Upon issuance of Qualified Senior Notes [Member] | Revolving Credit Facility [Member] | Maximum [Member]
Debt Instrument [Line Items]
Line Of Credit Facility Financial Covenants Combined Leverage Ratio	5.50
Notes Payable to Banks [Member] | Base Rate [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	3.00%

- Long-Term Debt (Details)

- Long-Term Debt (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Debt Disclosure [Abstract]
$550 million revolving credit facility	$ 448,500	$ 441,500
Note payable	808	822
Capital lease obligations	28,759	28,455
Total debt and capital lease obligations	478,067	470,777
Current portion	2,123	2,100
Noncurrent portion	475,944	468,677
Deferred financing fees	(3,151)	(3,558)
Noncurrent portion, net of deferred financing fees	$ 472,793	$ 465,119

Related Party - Narrative (Deta

Related Party - Narrative (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2017USD ($)	Mar. 31, 2016USD ($)	Dec. 31, 2016USD ($)
Related Party Transaction [Line Items]
Income from CST Fuel Supply equity interests	$ 3,603	$ 4,051
Incentive Distribution, Distribution	992	759
Rent income	21,441	19,531
Topper And Entities [Member]
Related Party Transaction [Line Items]
Rent income		100
Operating Leases, Rent Expense	200
Cost of Services, Environmental Remediation	200	600
Aircraft Rental and Landing Fees	$ 0	0
CST Brands Inc. [Member]
Related Party Transaction [Line Items]
Number of Stores	43
Lessor Leasing Arrangements, Operating Leases, Term of Contract	10 years
Accounts Receivable, Related Parties	$ 2,900		$ 3,200
Incentive Distribution, Distribution	1,000	800
Dividends, Cash	4,100	3,700
Leasehold Rent Expense	200	100
DMS [Member]
Related Party Transaction [Line Items]
Accounts Receivable, Related Parties	$ 8,300		8,600
Leased real property | CST Brands Inc. [Member]
Related Party Transaction [Line Items]
Number of Stores	74
Wholesale Fuel Supply Contracts [Member] | CST Brands Inc. [Member]
Related Party Transaction [Line Items]
Number of Stores	0
Limited Liability Company (LLC) or Limited Partnership (LP), Members or Limited Partners, Ownership Interest	17.50%
Income from CST Fuel Supply equity interests	$ 3,600	4,100
Related Party Transaction, Purchases from Related Party	5,700	3,000
Amended and Restated Omnibus Agreement [Member] | CST Brands Inc. [Member]
Related Party Transaction [Line Items]
Management Fee Expense	4,300	$ 4,500
Management Fee Payable	$ 9,100		$ 10,000

Related-Party Transactions Reve

Related-Party Transactions Revenues from wholesale fuel sales and real property rental income from CST (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Related Party Transaction [Line Items]
Revenue from Related Parties	$ 84,829	$ 73,308
CST Brands Inc. [Member] | Fuel Sales And Transportation [Member]
Related Party Transaction [Line Items]
Revenue from Related Parties	30,380	23,257
CST Brands Inc. [Member] | Other Income [Member]
Related Party Transaction [Line Items]
Related Party Transaction, Other Revenues from Transactions with Related Party	$ 4,280	$ 4,317

Related-Party Transactions Comm

Related-Party Transactions Common Units Issued to CST as Consideration for Amounts Due Under the Terms of the Amended Omnibus Agreement (Details) - shares	3 Months Ended
	Jun. 30, 2017	Mar. 31, 2017
Related Party Transaction [Line Items]
Noncash or Part Noncash Acquisition, Noncash Financial or Equity Instrument Consideration, Due Date		Feb. 28, 2017
Share-based Goods and Nonemployee Services Transaction, Quantity of Securities Issued		171,039
Subsequent Event [Member]
Related Party Transaction [Line Items]
Share-based Goods and Nonemployee Services Transaction, Quantity of Securities Issued	128,983

Related-Party Transactions Whol

Related-Party Transactions Wholesale Motor Fuel Sales and Real Estate Rentals (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Related Party Transaction [Line Items]
Revenue from Related Parties	$ 84,829	$ 73,308
DMS [Member]
Related Party Transaction [Line Items]
Revenue from Related Parties	54,449	50,051
Related Party Transaction, Other Revenues from Transactions with Related Party	$ 4,975	$ 5,693

Commitments and Contingencies N

Commitments and Contingencies Narrative (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Loss Contingency, Damages Sought, Value	$ 1.6
Environmental Exit Costs, Assets Previously Disposed, Liability for Remediation	5.5	$ 6.1
Business Combination, Indemnification Assets, Amount as of Acquisition Date	$ 3.5	$ 5.1

Fair Value Measurements - Narra

Fair Value Measurements - Narrative (Details) - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Fair Value Disclosures [Abstract]
Line of Credit Facility, Fair Value of Amount Outstanding	$ 448.5	$ 441.5

Equity-Based Compensation - Nar

Equity-Based Compensation - Narrative (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended
	Dec. 31, 2016	Mar. 31, 2017	Mar. 31, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated Share-based Compensation Expense		$ 900	$ 1,300
Accrued Share-based Compensation Cost	$ 1,800	$ 800
Share-based Compensation Arrangement by Share-based Payment Award, Shares Issued in Period		47,000	102,000
Equity-based employee and directors compensation expense		$ 866	$ 1,282
Amended and Restated Omnibus Agreement [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity-based employee and directors compensation expense		700	700
Members Of Board Of Directors [Member] | Phantom Share Units (PSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Accrued Share-based Compensation Cost	$ 100	100
Share-based Compensation Arrangement by Share-based Payment Award, Shares Issued in Period	11,476
Equity-based employee and directors compensation expense		$ 0	$ 0

- Reconciliation of net income

- Reconciliation of net income (loss) and weighted-average units used in computing basic and diluted net income (loss) per limited partner unit - USD ($)		3 Months Ended
		Mar. 31, 2017		Mar. 31, 2016
Denominator:
Weighted average limited partnership units outstanding-basic		33,588,163		28,475,363
Common Units
Numerator:
Distributions paid		$ 20,541,000	[1]	$ 15,172,000	[2]
Allocation of distributions in excess of net income	[1]	(19,837,000)		(14,305,000)
Limited partners' interest in net income (loss) - basic		$ 704,000		$ 867,000
Denominator:
Weighted average limited partnership units outstanding-basic		33,588,163		28,475,363
Adjustment for phantom units		34,498		70,612
Weighted average limited partnership units outstanding-diluted		33,622,661		28,545,975
Net income (loss) per limited partnership unit-basic		$ 0.02		$ 0.03
Net income (loss) per limited partnership unit-diluted		$ 0.02		$ 0.03
Subordinated Units
Numerator:
Distributions paid	[2]	$ 0		$ 4,459,000
Allocation of distributions in excess of net income	[1]	0		(4,318,000)
Limited partners' interest in net income (loss) - basic		$ 0		$ 141,000
Denominator:
Weighted average limited partnership units outstanding-basic		0		4,630,769
Adjustment for phantom units		0		0
Weighted average limited partnership units outstanding-diluted		0		4,630,769
Net income (loss) per limited partnership unit-basic		$ 0		$ 0.03
Net income (loss) per limited partnership unit-diluted		$ 0		$ 0.03
Quarterly
Denominator:
Distribution per common and subordinated units(c)		$ 0.6125		$ 0.5925
[1]	Allocation of distributions in excess of net income is based on a pro rata proportion to the common and subordinated units as outlined in the Partnership Agreement.
[2]	Distributions paid per unit were $0.6125 and $0.5925 during the three months ended March 31, 2017 and 2016, respectively.

Income Taxes Narrative (Details

Income Taxes Narrative (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Income Tax Disclosure [Abstract]
Income Tax Expense (Benefit)	$ 2,701	$ 795

Segment Reporting - Narrative (

Segment Reporting - Narrative (Details)	12 Months Ended
	Dec. 31, 2016
Segment Reporting - Narrative [Abstract]
Number of Reportable Segments	2

- Reportable Segments (Details)

- Reportable Segments (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Segment Reporting Information [Line Items]
Revenues from fuel sales to external customers	$ 423,291	$ 317,441
Intersegment revenues from fuel sales	0	0
Revenues from food and merchandise sales	24,020	30,449
Rent income	(21,441)	(19,531)
Other revenue	534	319
Total revenues	469,286	367,740
Income from CST Fuel Supply equity interests	(3,603)	(4,051)
Operating Income (Loss)	(5,580)	(5,921)
Wholesale [Member]
Segment Reporting Information [Line Items]
Revenues from fuel sales to external customers	339,088	243,403
Intersegment revenues from fuel sales	61,616	48,437
Revenues from food and merchandise sales	0	0
Rent income	(19,639)	(18,199)
Other revenue	534	319
Total revenues	420,877	310,358
Income from CST Fuel Supply equity interests	(3,603)	(4,051)
Operating Income (Loss)	(25,652)	(24,041)
Retail [Member]
Segment Reporting Information [Line Items]
Revenues from fuel sales to external customers	84,203	74,038
Intersegment revenues from fuel sales	0	0
Revenues from food and merchandise sales	24,020	30,449
Rent income	(1,802)	(1,332)
Other revenue	0	0
Total revenues	110,025	105,819
Income from CST Fuel Supply equity interests	0	0
Operating Income (Loss)	(145)	(1,670)
Unallocated
Segment Reporting Information [Line Items]
Revenues from fuel sales to external customers	0	0
Intersegment revenues from fuel sales	61,616	48,437
Revenues from food and merchandise sales	0
Rent income	0	0
Other revenue	0	0
Total revenues	61,616	48,437
Income from CST Fuel Supply equity interests	0	0
Operating Income (Loss)	$ (20,217)	$ (19,790)

- Changes in Current Assets and

- Changes in Current Assets and Liabilities (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Decrease (increase):
Accounts receivable	$ 7,020	$ (1,207)
Accounts receivable from related parties	491	(655)
Inventories	330	4,685
Other current assets	1,223	(560)
Other assets	(1,257)	(1,702)
Increase (Decrease):
Accounts payable	(2,845)	782
Accounts payable to related parties	(339)	2,018
Motor fuel taxes payable	(25)	(3,341)
Accrued expenses and other current liabilities	(210)	444
Other long-term Liabilities	(144)	622
Changes in working capital, net of acquisitions	$ 4,244	$ 1,086

Supplemental Cash Flow Inform55

Supplemental Cash Flow Information - Supplemental Disclosure of Cash Flow Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Supplemental Cash Flow Information [Abstract]
Cash paid for interest	$ 6,157	$ 4,695
Cash paid for income taxes, net of refunds received	$ 50	$ 708

Supplemental Cash Flow Inform56

Supplemental Cash Flow Information - Non-cash Investing and Financing Activities (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Supplemental Cash Flow Information [Abstract]
Sale of property and equipment in Section 1031 like-kind exchange transaction	$ 0	$ 909
Issuance of capital lease obligations and recognition of asset retirement obligation related to Getty lease	785	1,240
Amended Omnibus Agreement fees settled in our common units	$ 4,510	$ 3,345

Distributions (Details)

Distributions (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Distributions [Abstract]
Dividends Payable, Date of Record	May 8, 2017	Feb. 6, 2017
Dividends Payable, Date to be Paid	May 15, 2017	Feb. 13, 2017
Distribution Made to Limited Partner, Distributions Paid, Per Unit	$ 0.6175	$ 0.6125
Distribution Made to Limited Partner, Cash Distributions Paid	$ 20,906	$ 20,534