Partners' Deficit (Tables)

6 Months Ended

Jun. 30, 2023

The Class C Preferred Units are accounted for as a current liability on our condensed consolidated balance sheets consisting of the following (in thousands):


	June 30, 2023		December 31, 2022
Class C Preferred Units, beginning balance	$	411,800	$	397,387

Distribution accrual	14,917		14,413
Class C Preferred Units, ending balance	$	426,717	$	411,800

Schedule of distributions

The table below reflects the payment of distributions on Class C Preferred Units related to the periods indicated.

Three Months Ended

Class C Preferred
PIK Distribution

Date of
Declaration

Date of
Record

Date of
Distribution

December 31, 2022

1,276,605

February 10, 2023

February 20, 2023

February 28, 2023

The table below reflects distributions on Class C Preferred Units which were elected to be paid in common units, after adjusting for the one-for-thirty reverse split completed July 18, 2023, related to the periods indicated.

Three Months Ended

Number of Common Units

Date of
Distribution

December 31, 2021

816,745

February 22, 2022

March 31, 2022

824,064

May 20, 2022

June 30, 2022

914,755

August 22, 2022

September 30, 2022

914,755

December 28, 2022

March 31, 2023

946,771

May 22, 2023

Evolve Transition Infrastructure LP 10-Q