10-Q Filing

Westlake Chemical Partners LP CIK: 1604665 Q3 2016

Filing Information

Form Type	10-Q
Accession Number	`0001604665-16-000052`
Period End Date	20160930
Filing Date	20161109
Fiscal Year	2016
Fiscal Period	Q3
XBRL Instance	wlkp-20160930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 56 Income Statement 64 Cash Flow Statement 54 Stockholders Equity 18 Comprehensive Income 28

Balance Sheet 56 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$154.26M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$169.56M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$133.75M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$75.01M	USD	Point-in-time
Accounts receivableWestlake Chemical Corporation (Westlake)	`AccountsReceivableRelatedPartiesCurrent`	$39.66M	USD	Point-in-time
Accounts receivableWestlake Chemical Corporation (Westlake)	`AccountsReceivableRelatedPartiesCurrent`	$98.14M	USD	Point-in-time
Accounts receivable, netthird parties	`ReceivablesNetCurrent`	$11.93M	USD	Point-in-time
Accounts receivable, netthird parties	`ReceivablesNetCurrent`	$15.70M	USD	Point-in-time
Inventories	`InventoryNet`	$3.88M	USD	Point-in-time
Inventories	`InventoryNet`	$3.43M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$267.00K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	-	USD	Point-in-time
Total current assets	`AssetsCurrent`	$225.29M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$192.28M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.22B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.02B	USD	Point-in-time
Receivable from Westlake	`AccountsReceivableRelatedPartiesNoncurrent`	$20.43M	USD	Point-in-time
Receivable from Westlake	`AccountsReceivableRelatedPartiesNoncurrent`	-	USD	Point-in-time
Goodwill	`Goodwill`	$5.81M	USD	Point-in-time
Goodwill	`Goodwill`	$5.81M	USD	Point-in-time
Deferred charges and other assets, net	`DeferredCostsAndOtherAssets`	$100.69M	USD	Point-in-time
Deferred charges and other assets, net	`DeferredCostsAndOtherAssets`	$38.78M	USD	Point-in-time
Total other assets, net	`OtherAssetsNoncurrent`	$106.50M	USD	Point-in-time
Total other assets, net	`OtherAssetsNoncurrent`	$44.59M	USD	Point-in-time
Total assets	`Assets`	$1.54B	USD	Point-in-time
Total assets	`Assets`	$1.29B	USD	Point-in-time
Accounts payableWestlake	`AccountsPayableRelatedPartiesCurrent`	$7.43M	USD	Point-in-time
Accounts payableWestlake	`AccountsPayableRelatedPartiesCurrent`	$15.55M	USD	Point-in-time
Accounts payablethird parties	`AccountsPayableCurrent`	$18.74M	USD	Point-in-time
Accounts payablethird parties	`AccountsPayableCurrent`	$19.19M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$20.95M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$23.41M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$47.58M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$57.69M	USD	Point-in-time
Long-term debt payable to Westlake	`DueToRelatedPartiesNoncurrent`	$595.08M	USD	Point-in-time
Long-term debt payable to Westlake	`DueToRelatedPartiesNoncurrent`	$384.01M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$1.39M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$1.78M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$90.00K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$243.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$443.18M	USD	Point-in-time
Total liabilities	`Liabilities`	$644.68M	USD	Point-in-time
Commitments and contingencies (Notes 9 and 15)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Notes 9 and 15)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$280.00K	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-224.00K	USD	Point-in-time
Total Westlake Chemical Partners LP partners' capital	`PartnersCapital`	$96.56M	USD	Point-in-time
Total Westlake Chemical Partners LP partners' capital	`PartnersCapital`	$100.37M	USD	Point-in-time
Noncontrolling interest in Westlake Chemical OpCo LP (OpCo)	`MinorityInterestInLimitedPartnerships`	$750.61M	USD	Point-in-time
Noncontrolling interest in Westlake Chemical OpCo LP (OpCo)	`MinorityInterestInLimitedPartnerships`	$791.60M	USD	Point-in-time
Total equity	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$834.95M	USD	Point-in-time
Total equity	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$847.17M	USD	Point-in-time
Total equity	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$836.47M	USD	Point-in-time
Total equity	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$891.98M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.54B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.29B	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Net sales - Westlake	`RevenueFromRelatedParties`	$193.96M	USD	1 Quarter
Net sales - Westlake	`RevenueFromRelatedParties`	$207.86M	USD	1 Quarter
Net sales - Westlake	`RevenueFromRelatedParties`	$621.44M	USD	3 Qtrs
Net sales - Westlake	`RevenueFromRelatedParties`	$606.86M	USD	3 Qtrs
Net co-product, ethylene and other salesthird parties	`OtherSalesRevenueNet`	$35.39M	USD	1 Quarter
Net co-product, ethylene and other salesthird parties	`OtherSalesRevenueNet`	$85.94M	USD	3 Qtrs
Net co-product, ethylene and other salesthird parties	`OtherSalesRevenueNet`	$40.76M	USD	1 Quarter
Net co-product, ethylene and other salesthird parties	`OtherSalesRevenueNet`	$137.28M	USD	3 Qtrs
Total net sales	`SalesRevenueNet`	$248.62M	USD	1 Quarter
Total net sales	`SalesRevenueNet`	$692.80M	USD	3 Qtrs
Total net sales	`SalesRevenueNet`	$758.72M	USD	3 Qtrs
Total net sales	`SalesRevenueNet`	$229.35M	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$473.81M	USD	3 Qtrs
Cost of sales	`CostOfGoodsSold`	$407.20M	USD	3 Qtrs
Cost of sales	`CostOfGoodsSold`	$142.55M	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$154.47M	USD	1 Quarter
Gross profit	`GrossProfit`	$86.80M	USD	1 Quarter
Gross profit	`GrossProfit`	$94.14M	USD	1 Quarter
Gross profit	`GrossProfit`	$285.60M	USD	3 Qtrs
Gross profit	`GrossProfit`	$284.90M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$5.79M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$17.73M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$5.83M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$17.83M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$81.01M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$88.31M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$267.07M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$267.86M	USD	3 Qtrs
Interest expenseWestlake	`InterestExpenseRelatedParty`	$3.79M	USD	3 Qtrs
Interest expenseWestlake	`InterestExpenseRelatedParty`	$4.95M	USD	1 Quarter
Interest expenseWestlake	`InterestExpenseRelatedParty`	$7.38M	USD	3 Qtrs
Interest expenseWestlake	`InterestExpenseRelatedParty`	$1.05M	USD	1 Quarter
Other (expense) income, net	`NonoperatingIncomeExpense`	$-73.00K	USD	1 Quarter
Other (expense) income, net	`NonoperatingIncomeExpense`	$-35.00K	USD	3 Qtrs
Other (expense) income, net	`NonoperatingIncomeExpense`	$-13.00K	USD	1 Quarter
Other (expense) income, net	`NonoperatingIncomeExpense`	$230.00K	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$87.19M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$263.25M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$260.71M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$76.05M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$141.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$194.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$567.00K	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$890.00K	USD	3 Qtrs
Net income	`ProfitLoss`	$75.86M	USD	1 Quarter
Net income	`ProfitLoss`	$87.05M	USD	1 Quarter
Net income	`ProfitLoss`	$262.68M	USD	3 Qtrs
Net income	`ProfitLoss`	$259.82M	USD	3 Qtrs
Less: Net income attributable to noncontrolling interest in OpCo	`NetIncomeLossAttributableToNoncontrollingInterest`	$233.63M	USD	3 Qtrs
Less: Net income attributable to noncontrolling interest in OpCo	`NetIncomeLossAttributableToNoncontrollingInterest`	$67.20M	USD	1 Quarter
Less: Net income attributable to noncontrolling interest in OpCo	`NetIncomeLossAttributableToNoncontrollingInterest`	$76.94M	USD	1 Quarter
Less: Net income attributable to noncontrolling interest in OpCo	`NetIncomeLossAttributableToNoncontrollingInterest`	$229.73M	USD	3 Qtrs
Net income attributable to Westlake Chemical Partners LP	`NetIncomeLoss`	$30.09M	USD	3 Qtrs
Net income attributable to Westlake Chemical Partners LP	`NetIncomeLoss`	$8.66M	USD	1 Quarter
Net income attributable to Westlake Chemical Partners LP	`NetIncomeLoss`	$29.05M	USD	3 Qtrs
Net income attributable to Westlake Chemical Partners LP	`NetIncomeLoss`	$10.10M	USD	1 Quarter
Weighted average limited partner units outstanding (basic and diluted) (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	27.06M	shares	1 Quarter
Weighted average limited partner units outstanding (basic and diluted) (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	27.06M	shares	3 Qtrs
Weighted average limited partner units outstanding (basic and diluted) (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	27.06M	shares	1 Quarter
Weighted average limited partner units outstanding (basic and diluted) (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	27.06M	shares	3 Qtrs
Distributions per common unit (in usd per unit)	`DistributionMadeToLimitedPartnerDistributionsPaidPerUnit`	$0.29	USD	1 Quarter
Distributions per common unit (in usd per unit)	`DistributionMadeToLimitedPartnerDistributionsPaidPerUnit`	$0.95	USD	3 Qtrs
Distributions per common unit (in usd per unit)	`DistributionMadeToLimitedPartnerDistributionsPaidPerUnit`	$0.33	USD	1 Quarter
Distributions per common unit (in usd per unit)	`DistributionMadeToLimitedPartnerDistributionsPaidPerUnit`	$0.85	USD	3 Qtrs

Cash Flow Statement 54 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$75.86M	USD	1 Quarter
Net income	`ProfitLoss`	$87.05M	USD	1 Quarter
Net income	`ProfitLoss`	$262.68M	USD	3 Qtrs
Net income	`ProfitLoss`	$259.82M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$60.64M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$67.47M	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$170.00K	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$228.00K	USD	3 Qtrs
Loss from disposition of property, plant and equipment	`GainLossOnDispositionOfAssets`	$-2.41M	USD	3 Qtrs
Loss from disposition of property, plant and equipment	`GainLossOnDispositionOfAssets`	$-278.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$389.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-359.00K	USD	3 Qtrs
Accounts receivablethird parties	`IncreaseDecreaseInAccountsAndOtherReceivables`	$4.00M	USD	3 Qtrs
Accounts receivablethird parties	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-22.87M	USD	3 Qtrs
Net accounts receivableWestlake	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$87.03M	USD	3 Qtrs
Net accounts receivableWestlake	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$23.69M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-451.00K	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-3.36M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpensesAndOtherCurrentAssets`	$-267.00K	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpensesAndOtherCurrentAssets`	$170.00K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$4.85M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$6.03M	USD	3 Qtrs
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$7.83M	USD	3 Qtrs
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$2.04M	USD	3 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$76.49M	USD	3 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$1.47M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$331.20M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$177.37M	USD	3 Qtrs
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$268.65M	USD	3 Qtrs
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$152.57M	USD	3 Qtrs
Proceeds from disposition of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$157.00K	USD	3 Qtrs
Proceeds from disposition of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	3 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-152.57M	USD	3 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-268.49M	USD	3 Qtrs
Proceeds from debt payable to Westlake	`ProceedsFromRelatedPartyDebt`	$212.18M	USD	3 Qtrs
Proceeds from debt payable to Westlake	`ProceedsFromRelatedPartyDebt`	$238.20M	USD	3 Qtrs
Repayments of debt payable to Westlake	`RepaymentsOfRelatedPartyDebt`	$135.34M	USD	3 Qtrs
Repayments of debt payable to Westlake	`RepaymentsOfRelatedPartyDebt`	$1.10M	USD	3 Qtrs
Quarterly distributions to noncontrolling interest retained in OpCo by Westlake	`PaymentsToMinorityShareholders`	$238.01M	USD	3 Qtrs
Quarterly distributions to noncontrolling interest retained in OpCo by Westlake	`PaymentsToMinorityShareholders`	$188.74M	USD	3 Qtrs
Quarterly distributions to unitholders	`DistributionMadeToLimitedPartnerCashDistributionsPaid`	$25.77M	USD	3 Qtrs
Quarterly distributions to unitholders	`DistributionMadeToLimitedPartnerCashDistributionsPaid`	$22.97M	USD	3 Qtrs
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-3.43M	USD	3 Qtrs
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-158.12M	USD	3 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$20.51M	USD	3 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-94.55M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$154.26M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$169.56M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$133.75M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$75.01M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$154.26M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$169.56M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$133.75M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$75.01M	USD	Point-in-time

Stockholders Equity 18 line items

Line Item	Tag	Value	Unit	Period
Equity, beginning balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$834.95M	USD	Point-in-time
Equity, beginning balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$847.17M	USD	Point-in-time
Equity, beginning balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$836.47M	USD	Point-in-time
Equity, beginning balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$891.98M	USD	Point-in-time
Net income	`ProfitLoss`	$75.86M	USD	1 Quarter
Net income	`ProfitLoss`	$87.05M	USD	1 Quarter
Net income	`ProfitLoss`	$262.68M	USD	3 Qtrs
Net income	`ProfitLoss`	$259.82M	USD	3 Qtrs
Net effect of cash flow hedge	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-504.00K	USD	3 Qtrs
Net effect of cash flow hedge	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-173.00K	USD	3 Qtrs
Quarterly distributions to unitholders	`LimitedPartnersCapitalAccountDistributionAmount`	$25.77M	USD	3 Qtrs
Quarterly distributions to unitholders	`LimitedPartnersCapitalAccountDistributionAmount`	$22.97M	USD	3 Qtrs
Quarterly distribution to noncontrolling interest retained in OpCo by Westlake	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$238.01M	USD	3 Qtrs
Quarterly distribution to noncontrolling interest retained in OpCo by Westlake	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$188.74M	USD	3 Qtrs
Equity, ending balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$834.95M	USD	Point-in-time
Equity, ending balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$847.17M	USD	Point-in-time
Equity, ending balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$836.47M	USD	Point-in-time
Equity, ending balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$891.98M	USD	Point-in-time

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$75.86M	USD	1 Quarter
Net income	`ProfitLoss`	$87.05M	USD	1 Quarter
Net income	`ProfitLoss`	$262.68M	USD	3 Qtrs
Net income	`ProfitLoss`	$259.82M	USD	3 Qtrs
Change in fair value of cash flow hedge	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-223.00K	USD	1 Quarter
Change in fair value of cash flow hedge	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$310.00K	USD	1 Quarter
Change in fair value of cash flow hedge	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-784.00K	USD	3 Qtrs
Change in fair value of cash flow hedge	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-223.00K	USD	3 Qtrs
Reclassification of loss to net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-90.00K	USD	1 Quarter
Reclassification of loss to net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-50.00K	USD	3 Qtrs
Reclassification of loss to net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-280.00K	USD	3 Qtrs
Reclassification of loss to net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-50.00K	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-504.00K	USD	3 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-173.00K	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$400.00K	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-173.00K	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$76.26M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$259.32M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$86.87M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$262.50M	USD	3 Qtrs
Comprehensive income attributable to noncontrolling interest in OpCo	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$67.20M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interest in OpCo	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$76.94M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interest in OpCo	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$233.63M	USD	3 Qtrs
Comprehensive income attributable to noncontrolling interest in OpCo	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$229.73M	USD	3 Qtrs
Comprehensive income attributable to Westlake Chemical Partners LP	`ComprehensiveIncomeNetOfTax`	$28.87M	USD	3 Qtrs
Comprehensive income attributable to Westlake Chemical Partners LP	`ComprehensiveIncomeNetOfTax`	$9.06M	USD	1 Quarter
Comprehensive income attributable to Westlake Chemical Partners LP	`ComprehensiveIncomeNetOfTax`	$29.59M	USD	3 Qtrs
Comprehensive income attributable to Westlake Chemical Partners LP	`ComprehensiveIncomeNetOfTax`	$9.93M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.