10-Q Filing

Westlake Chemical Partners LP CIK: 1604665 Q2 2017

Filing Information

Form Type	10-Q
Accession Number	`0001604665-17-000025`
Period End Date	20170630
Filing Date	20170803
Fiscal Year	2017
Fiscal Period	Q2
XBRL Instance	wlkp-20170630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 54 Income Statement 64 Cash Flow Statement 58 Stockholders Equity 18 Comprehensive Income 28

Balance Sheet 54 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$169.56M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$88.90M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$104.94M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$151.26M	USD	Point-in-time
Accounts receivableWestlake Chemical Corporation (Westlake)	`AccountsReceivableRelatedPartiesCurrent`	$126.98M	USD	Point-in-time
Accounts receivableWestlake Chemical Corporation (Westlake)	`AccountsReceivableRelatedPartiesCurrent`	$79.37M	USD	Point-in-time
Accounts receivable, netthird parties	`ReceivablesNetCurrent`	$12.09M	USD	Point-in-time
Accounts receivable, netthird parties	`ReceivablesNetCurrent`	$14.72M	USD	Point-in-time
Inventories	`InventoryNet`	$4.56M	USD	Point-in-time
Inventories	`InventoryNet`	$3.93M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$269.00K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$45.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$203.63M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$232.16M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.22B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.22B	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`	$95.01M	USD	Point-in-time
Deferred charges and other assets, net	`DeferredCostsAndOtherAssets`	$92.74M	USD	Point-in-time
Total other assets, net	`OtherAssetsNoncurrent`	$100.83M	USD	Point-in-time
Total other assets, net	`OtherAssetsNoncurrent`	$98.56M	USD	Point-in-time
Total assets	`Assets`	$1.56B	USD	Point-in-time
Total assets	`Assets`	$1.52B	USD	Point-in-time
Accounts payableWestlake	`AccountsPayableRelatedPartiesCurrent`	$12.13M	USD	Point-in-time
Accounts payableWestlake	`AccountsPayableRelatedPartiesCurrent`	$14.06M	USD	Point-in-time
Accounts payablethird parties	`AccountsPayableCurrent`	$7.10M	USD	Point-in-time
Accounts payablethird parties	`AccountsPayableCurrent`	$9.93M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$15.72M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$15.23M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$36.39M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$37.78M	USD	Point-in-time
Long-term debt payable to Westlake	`DueToRelatedPartiesNoncurrent`	$588.28M	USD	Point-in-time
Long-term debt payable to Westlake	`DueToRelatedPartiesNoncurrent`	$594.63M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$1.94M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$1.74M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$168.00K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$123.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$626.77M	USD	Point-in-time
Total liabilities	`Liabilities`	$634.26M	USD	Point-in-time
Commitments and contingencies (Note 15)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 15)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$200.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$243.00K	USD	Point-in-time
Total Westlake Chemical Partners LP partners' capital	`PartnersCapital`	$102.95M	USD	Point-in-time
Total Westlake Chemical Partners LP partners' capital	`PartnersCapital`	$102.48M	USD	Point-in-time
Noncontrolling interest in Westlake Chemical OpCo LP (OpCo)	`MinorityInterestInLimitedPartnerships`	$792.85M	USD	Point-in-time
Noncontrolling interest in Westlake Chemical OpCo LP (OpCo)	`MinorityInterestInLimitedPartnerships`	$818.48M	USD	Point-in-time
Total equity	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$895.80M	USD	Point-in-time
Total equity	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$847.17M	USD	Point-in-time
Total equity	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$920.96M	USD	Point-in-time
Total equity	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$863.75M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.56B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.52B	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Net salesWestlake	`RevenueFromRelatedParties`	$412.89M	USD	2 Qtrs
Net salesWestlake	`RevenueFromRelatedParties`	$181.63M	USD	1 Quarter
Net salesWestlake	`RevenueFromRelatedParties`	$453.92M	USD	2 Qtrs
Net salesWestlake	`RevenueFromRelatedParties`	$240.99M	USD	1 Quarter
Net co-product, ethylene and other salesthird parties	`OtherSalesRevenueNet`	$29.21M	USD	1 Quarter
Net co-product, ethylene and other salesthird parties	`OtherSalesRevenueNet`	$49.12M	USD	1 Quarter
Net co-product, ethylene and other salesthird parties	`OtherSalesRevenueNet`	$113.64M	USD	2 Qtrs
Net co-product, ethylene and other salesthird parties	`OtherSalesRevenueNet`	$50.55M	USD	2 Qtrs
Total net sales	`SalesRevenueNet`	$567.56M	USD	2 Qtrs
Total net sales	`SalesRevenueNet`	$290.11M	USD	1 Quarter
Total net sales	`SalesRevenueNet`	$463.44M	USD	2 Qtrs
Total net sales	`SalesRevenueNet`	$210.84M	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$122.46M	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$370.03M	USD	2 Qtrs
Cost of sales	`CostOfGoodsSold`	$264.65M	USD	2 Qtrs
Cost of sales	`CostOfGoodsSold`	$190.54M	USD	1 Quarter
Gross profit	`GrossProfit`	$88.38M	USD	1 Quarter
Gross profit	`GrossProfit`	$198.79M	USD	2 Qtrs
Gross profit	`GrossProfit`	$99.57M	USD	1 Quarter
Gross profit	`GrossProfit`	$197.53M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$11.95M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$14.71M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$5.85M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$6.89M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$186.85M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$82.53M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$92.69M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$182.82M	USD	2 Qtrs
Interest expenseWestlake	`InterestExpenseRelatedParty`	$11.40M	USD	2 Qtrs
Interest expenseWestlake	`InterestExpenseRelatedParty`	$1.20M	USD	1 Quarter
Interest expenseWestlake	`InterestExpenseRelatedParty`	$2.43M	USD	2 Qtrs
Interest expenseWestlake	`InterestExpenseRelatedParty`	$5.94M	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	$159.00K	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	$24.00K	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	$1.68M	USD	2 Qtrs
Other income, net	`NonoperatingIncomeExpense`	$243.00K	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$81.49M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$173.10M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$184.66M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$86.77M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$600.00K	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$297.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$696.00K	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$297.00K	USD	1 Quarter
Net income	`ProfitLoss`	$81.19M	USD	1 Quarter
Net income	`ProfitLoss`	$172.50M	USD	2 Qtrs
Net income	`ProfitLoss`	$86.47M	USD	1 Quarter
Net income	`ProfitLoss`	$183.96M	USD	2 Qtrs
Less: Net income attributable to noncontrolling interest in OpCo	`NetIncomeLossAttributableToNoncontrollingInterest`	$162.53M	USD	2 Qtrs
Less: Net income attributable to noncontrolling interest in OpCo	`NetIncomeLossAttributableToNoncontrollingInterest`	$76.50M	USD	1 Quarter
Less: Net income attributable to noncontrolling interest in OpCo	`NetIncomeLossAttributableToNoncontrollingInterest`	$152.76M	USD	2 Qtrs
Less: Net income attributable to noncontrolling interest in OpCo	`NetIncomeLossAttributableToNoncontrollingInterest`	$71.85M	USD	1 Quarter
Net income attributable to Westlake Chemical Partners LP	`NetIncomeLoss`	$19.74M	USD	2 Qtrs
Net income attributable to Westlake Chemical Partners LP	`NetIncomeLoss`	$21.43M	USD	2 Qtrs
Net income attributable to Westlake Chemical Partners LP	`NetIncomeLoss`	$9.34M	USD	1 Quarter
Net income attributable to Westlake Chemical Partners LP	`NetIncomeLoss`	$9.97M	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	2 Qtrs
Weighted average limited partner units outstanding (basic and diluted) (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	27.06M	shares	2 Qtrs
Weighted average limited partner units outstanding (basic and diluted) (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	27.06M	shares	1 Quarter
Distributions per common unit (usd per share)	`DistributionMadeToLimitedPartnerDistributionsPaidPerUnit`	$0.35	USD	1 Quarter
Distributions per common unit (usd per share)	`DistributionMadeToLimitedPartnerDistributionsPaidPerUnit`	$0.32	USD	1 Quarter
Distributions per common unit (usd per share)	`DistributionMadeToLimitedPartnerDistributionsPaidPerUnit`	$0.70	USD	2 Qtrs
Distributions per common unit (usd per share)	`DistributionMadeToLimitedPartnerDistributionsPaidPerUnit`	$0.62	USD	2 Qtrs

Cash Flow Statement 58 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$81.19M	USD	1 Quarter
Net income	`ProfitLoss`	$172.50M	USD	2 Qtrs
Net income	`ProfitLoss`	$86.47M	USD	1 Quarter
Net income	`ProfitLoss`	$183.96M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$57.45M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$41.18M	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$37.00K	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$475.00K	USD	2 Qtrs
(Gain)/loss from disposition of property, plant and equipment	`GainLossOnDispositionOfAssets`	$-2.47M	USD	2 Qtrs
(Gain)/loss from disposition of property, plant and equipment	`GainLossOnDispositionOfAssets`	$107.00K	USD	2 Qtrs
Gain on involuntary conversion of assets	`GainLossonInvoluntaryConversionofAssets`	-	USD	2 Qtrs
Gain on involuntary conversion of assets	`GainLossonInvoluntaryConversionofAssets`	$1.67M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$320.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$200.00K	USD	2 Qtrs
Accounts receivablethird parties	`IncreaseDecreaseInAccountsAndOtherReceivables`	$3.11M	USD	2 Qtrs
Accounts receivablethird parties	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-2.27M	USD	2 Qtrs
Net accounts receivableWestlake	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$36.70M	USD	2 Qtrs
Net accounts receivableWestlake	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$-49.54M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-1.39M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$624.00K	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpensesAndOtherCurrentAssets`	$-194.00K	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpensesAndOtherCurrentAssets`	$-224.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.35M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$24.83M	USD	2 Qtrs
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$26.91M	USD	2 Qtrs
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-667.00K	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$9.56M	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$61.58M	USD	2 Qtrs
Cash flows from investing activities	`NetCashProvidedByUsedInOperatingActivities`	$262.29M	USD	2 Qtrs
Cash flows from investing activities	`NetCashProvidedByUsedInOperatingActivities`	$185.28M	USD	2 Qtrs
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$168.53M	USD	2 Qtrs
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$44.00M	USD	2 Qtrs
Proceeds from disposition of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$98.00K	USD	2 Qtrs
Proceeds from disposition of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$127.00K	USD	2 Qtrs
Proceeds from involuntary conversion of assets	`InsuranceProceedsforInvoluntaryConversion`	$1.67M	USD	2 Qtrs
Proceeds from involuntary conversion of assets	`InsuranceProceedsforInvoluntaryConversion`	-	USD	2 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-42.20M	USD	2 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-168.44M	USD	2 Qtrs
Proceeds from debt payable to Westlake	`ProceedsFromRelatedPartyDebt`	$20.38M	USD	2 Qtrs
Proceeds from debt payable to Westlake	`ProceedsFromRelatedPartyDebt`	$131.83M	USD	2 Qtrs
Repayment of debt payable to Westlake	`RepaymentsOfRelatedPartyDebt`	$26.73M	USD	2 Qtrs
Repayment of debt payable to Westlake	`RepaymentsOfRelatedPartyDebt`	$500.00K	USD	2 Qtrs
Quarterly distributions to noncontrolling interest retained in OpCo by Westlake	`PaymentsToMinorityShareholders`	$149.57M	USD	2 Qtrs
Quarterly distributions to noncontrolling interest retained in OpCo by Westlake	`PaymentsToMinorityShareholders`	$178.39M	USD	2 Qtrs
Quarterly distributions to unitholders	`DistributionMadeToLimitedPartnerCashDistributionsPaid`	$19.31M	USD	2 Qtrs
Quarterly distributions to unitholders	`DistributionMadeToLimitedPartnerCashDistributionsPaid`	$16.91M	USD	2 Qtrs
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-35.14M	USD	2 Qtrs
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-204.05M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-18.30M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$16.04M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$169.56M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$88.90M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$104.94M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$151.26M	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`	$88.90M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$104.94M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$151.26M	USD	Point-in-time

Stockholders Equity 18 line items

Line Item	Tag	Value	Unit	Period
Equity, beginning balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$895.80M	USD	Point-in-time
Equity, beginning balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$847.17M	USD	Point-in-time
Equity, beginning balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$920.96M	USD	Point-in-time
Equity, beginning balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$863.75M	USD	Point-in-time
Net income	`ProfitLoss`	$81.19M	USD	1 Quarter
Net income	`ProfitLoss`	$172.50M	USD	2 Qtrs
Net income	`ProfitLoss`	$86.47M	USD	1 Quarter
Net income	`ProfitLoss`	$183.96M	USD	2 Qtrs
Net effect of cash flow hedge	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-904.00K	USD	2 Qtrs
Net effect of cash flow hedge	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$43.00K	USD	2 Qtrs
Quarterly distributions to unitholders	`LimitedPartnersCapitalAccountDistributionAmount`	$19.31M	USD	2 Qtrs
Quarterly distributions to unitholders	`LimitedPartnersCapitalAccountDistributionAmount`	$16.91M	USD	2 Qtrs
Quarterly distribution to noncontrolling interest retained in OpCo by Westlake	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$178.39M	USD	2 Qtrs
Quarterly distribution to noncontrolling interest retained in OpCo by Westlake	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$149.57M	USD	2 Qtrs
Equity, ending balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$895.80M	USD	Point-in-time
Equity, ending balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$847.17M	USD	Point-in-time
Equity, ending balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$920.96M	USD	Point-in-time
Equity, ending balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$863.75M	USD	Point-in-time

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$81.19M	USD	1 Quarter
Net income	`ProfitLoss`	$172.50M	USD	2 Qtrs
Net income	`ProfitLoss`	$86.47M	USD	1 Quarter
Net income	`ProfitLoss`	$183.96M	USD	2 Qtrs
Change in fair value of cash flow hedge	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-1.09M	USD	2 Qtrs
Change in fair value of cash flow hedge	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-267.00K	USD	1 Quarter
Change in fair value of cash flow hedge	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$7.00K	USD	2 Qtrs
Change in fair value of cash flow hedge	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-51.00K	USD	1 Quarter
Reclassification of loss to net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-5.00K	USD	1 Quarter
Reclassification of loss to net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-190.00K	USD	2 Qtrs
Reclassification of loss to net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-36.00K	USD	2 Qtrs
Reclassification of loss to net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-94.00K	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-904.00K	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$43.00K	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-173.00K	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-46.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$172.54M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$86.42M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$183.06M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$81.02M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interest in OpCo	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$162.53M	USD	2 Qtrs
Comprehensive income attributable to noncontrolling interest in OpCo	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$76.50M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interest in OpCo	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$152.76M	USD	2 Qtrs
Comprehensive income attributable to noncontrolling interest in OpCo	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$71.85M	USD	1 Quarter
Comprehensive income attributable to Westlake Chemical Partners LP	`ComprehensiveIncomeNetOfTax`	$19.78M	USD	2 Qtrs
Comprehensive income attributable to Westlake Chemical Partners LP	`ComprehensiveIncomeNetOfTax`	$20.52M	USD	2 Qtrs
Comprehensive income attributable to Westlake Chemical Partners LP	`ComprehensiveIncomeNetOfTax`	$9.93M	USD	1 Quarter
Comprehensive income attributable to Westlake Chemical Partners LP	`ComprehensiveIncomeNetOfTax`	$9.17M	USD	1 Quarter

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