Looks like nice quarterly results. Distributable cash flow is way over what's needed to cover the distribution (1.8x), and the outlook for next year is good. Over 10% yield (and tax advantaged) with this kind of coverage is a wonderful thing!
Coverage is 1.48x adjusted for the IDR waiver, and guidance of 1.2x for the full year. Better,but it will probably be a few quarters until we get a Distribution increase.....Guidance for 2010 is 1.1x-1.3x.