0001425292-21-000007 | 10-K | XBRL Viewer

Document and Entity Information - USD ($) $ in Millions	12 Months Ended
Document and Entity Information - USD ($) $ in Millions	Dec. 31, 2020	Feb. 19, 2021	Jun. 30, 2020
Cover [Abstract]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2020
Current Fiscal Year End Date	--12-31
Document Transition Report	false
Entity File Number	001-35120
Entity Registrant Name	CVR Partners, LP
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	56-2677689
Entity Address, Address Line One	2277 Plaza Drive, Suite 500
Entity Address, City or Town	Sugar Land
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	77479
City Area Code	281
Local Phone Number	207-3200
Title of 12(b) Security	Common units representing limited partner interests
Trading Symbol	UAN
Security Exchange Name	NYSE
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Entity Shell Company	false
Entity Public Float			$ 62.3
Entity Common Stock, Shares Outstanding		10,692,332
Entity Central Index Key	0001425292
Amendment Flag	false
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	FY

CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 30,559,000	$ 36,994,000
Accounts receivable	36,896,000	34,264,000
Inventories	42,349,000	48,296,000
Prepaid expenses and other current assets	8,410,000	5,406,000
Total current assets	118,214,000	124,960,000
Property, plant, and equipment, net	897,847,000	951,959,000
Goodwill	0	40,969,000
Other long-term assets	16,819,000	20,067,000
Total assets	1,032,880,000	1,137,955,000
Current liabilities:
Current portion of long-term debt	2,240,000	0
Accounts payable	19,544,000	21,069,000
Accounts payable to affiliates	5,217,000	2,578,000
Deferred revenue	30,631,000	27,841,000
Other current liabilities	18,709,000	24,043,000
Total current liabilities	76,341,000	75,531,000
Long-term liabilities:
Long-term debt, net of current portion	633,942,000	632,406,000
Other long-term liabilities	8,356,000	10,474,000
Total long-term liabilities	642,298,000	642,880,000
Commitments and contingencies (See Note 8)
Partners’ capital:
Common unitholders, 10,705,710 and 11,328,297 units issued and outstanding as of December 31, 2020 and 2019, respectively	314,240,000	419,543,000
General partner interest	1,000	1,000
Total partners’ capital	314,241,000	419,544,000
Total liabilities and partners’ capital	$ 1,032,880,000	$ 1,137,955,000

CONSOLIDATED BALANCE SHEETS (Parenthetical) - shares	Dec. 31, 2020	Dec. 31, 2019
Statement of Financial Position [Abstract]
Common units issued (in units)	10,705,710	11,328,297
Common units outstanding (in units)	10,705,710	11,328,297

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Income Statement [Abstract]
Net sales	$ 349,953,000	$ 404,177,000	$ 351,082,000
Operating costs and expenses:
Cost of materials and other	91,117,000	94,103,000	88,461,000
Direct operating expenses (exclusive of depreciation and amortization)	157,916,000	173,629,000	159,319,000
Depreciation and amortization	76,077,000	79,839,000	71,575,000
Cost of sales	325,110,000	347,571,000	319,355,000
Selling, general and administrative expenses	18,174,000	25,829,000	25,023,000
Loss on asset disposals	582,000	3,397,000	390,000
Goodwill impairment	40,969,000	0	0
Operating (loss) income	(34,882,000)	27,380,000	6,314,000
Other (expense) income:
Interest expense, net	(63,428,000)	(62,636,000)	(62,588,000)
Other income, net	159,000	269,000	6,201,000
Loss before income taxes	(98,151,000)	(34,987,000)	(50,073,000)
Income tax expense (benefit)	30,000	(18,000)	(46,000)
Net loss	$ (98,181,000)	$ (34,969,000)	$ (50,027,000)
Net loss per common unit - basic and diluted (in dollars per unit)	$ (8.77)	$ (3.09)	$ (4.42)
Distributions declared per common unit (in dollars per unit)	$ 0	$ 4.00	$ 0
Weighted-average common units outstanding:
Basic and diluted (in units)	11,195	11,328	11,328

CONSOLIDATED STATEMENTS OF PARTNERS' CAPITAL - USD ($) $ in Thousands	Total	Common Units	General Partner Interest
Balance (in units) at Dec. 31, 2017		11,328,297
Balance at Dec. 31, 2017	$ 549,853	$ 549,852	$ 1
Increase (Decrease) in Shareholders' Equity
Net loss	(50,027)	$ (50,027)
Balance (in units) at Dec. 31, 2018		11,328,297
Balance at Dec. 31, 2018	499,826	$ 499,825	1
Increase (Decrease) in Shareholders' Equity
Cash distributions to common unitholders – Affiliates	(15,568)	(15,568)
Cash distributions to common unitholders – Non-affiliates	(29,745)	(29,745)
Net loss	(34,969)	$ (34,969)
Balance (in units) at Dec. 31, 2019		11,328,297
Balance at Dec. 31, 2019	419,544	$ 419,543	1
Increase (Decrease) in Shareholders' Equity
Net loss	(98,181)	$ (98,181)
Repurchase of common units (in units)		(623,177)
Repurchase of common units	(7,076)	$ (7,076)
Fractional unit impact of reverse unit split (in units)		590
Other	(46)	$ (46)
Balance (in units) at Dec. 31, 2020		10,705,710
Balance at Dec. 31, 2020	$ 314,241	$ 314,240	$ 1

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Cash flows from operating activities:
Net loss	$ (98,181,000)	$ (34,969,000)	$ (50,027,000)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization	76,077,000	79,839,000	71,575,000
Amortization of deferred financing costs and original issue discount	4,049,000	3,666,000	3,333,000
Goodwill impairment	40,969,000	0	0
Loss on asset disposals	582,000	3,397,000	390,000
Share-based compensation	1,035,000	3,445,000	3,017,000
Other adjustments	964,000	(5,000)	1,690,000
Changes in assets and liabilities:
Accounts receivable	2,892,000	936,000	(6,698,000)
Inventories	538,000	9,914,000	(8,670,000)
Prepaid expenses and other current assets	(4,514,000)	1,582,000	(1,196,000)
Accounts payable	(1,635,000)	(8,077,000)	5,215,000
Deferred revenue	(1,612,000)	(14,575,000)	10,828,000
Accrued expenses and other current liabilities	(1,726,000)	(6,542,000)	1,367,000
Other long-term assets and liabilities	302,000	546,000	1,410,000
Net cash provided by operating activities	19,740,000	39,157,000	32,234,000
Cash flows from investing activities:
Capital expenditures	(18,598,000)	(18,656,000)	(19,806,000)
Proceeds from the sale of assets	48,000	127,000	175,000
Net cash used in investing activities	(18,550,000)	(18,529,000)	(19,631,000)
Cash flows from financing activities:
Repurchase of common units	(7,076,000)	0	0
Cash distributions to common unitholders – Affiliates	0	(15,568,000)	0
Cash distribution to common unitholders – Non-affiliates	0	(29,745,000)	0
Payment of deferred financing costs	(448,000)	0	0
Other financing activities	(101,000)	(97,000)	0
Net cash used in financing activities	(7,625,000)	(45,410,000)	0
Net (decrease) increase in cash and cash equivalents	(6,435,000)	(24,782,000)	12,603,000
Cash and cash equivalents, beginning of period	36,994,000	61,776,000	49,173,000
Cash and cash equivalents, end of period	$ 30,559,000	$ 36,994,000	$ 61,776,000

Organization and Nature of Business	12 Months Ended
Organization and Nature of Business	Dec. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization and Nature of Business	(1) Organization and Nature of Business CVR Partners, LP (“CVR Partners” or the “Partnership”) is a Delaware limited partnership formed by CVR Energy, Inc. (together with its subsidiaries, but excluding the Partnership and its subsidiaries, “CVR Energy”) to own, operate and grow its nitrogen fertilizer business. The Partnership produces nitrogen fertilizer products at two manufacturing facilities, which are located in Coffeyville, Kansas (the “Coffeyville Facility”) and East Dubuque, Illinois (the “East Dubuque Facility”). Both facilities manufacture ammonia and are able to further upgrade to other nitrogen fertilizer products, principally urea ammonium nitrate (“UAN”). Nitrogen fertilizer is used by farmers to improve the yield and quality of their crops, primarily corn and wheat. The Partnership’s products are sold on a wholesale basis in the United States of America. As used in these financial statements, references to CVR Partners, the Partnership, “we”, “us”, and “our” may refer to consolidated subsidiaries of CVR Partners or one or both of the facilities, as the context may require. NYSE Listing Requirements and Reverse Unit Split The Partnership’s common units are listed on the New York Stock Exchange (the “NYSE”) under the symbol “UAN.” On April 20, 2020, the average closing price of the Partnership’s common units over a 30 consecutive trading-day period fell below $1.00 per common unit, resulting in noncompliance with the continued listing standards in Section 802.01C of the NYSE Listed Company Manual. The Partnership received written notification of this noncompliance from the NYSE on April 22, 2020, and had until January 1, 2021 to regain compliance or be subject to the NYSE’s suspension and delisting procedures. On November 2, 2020, the Partnership announced that the board of directors of its general partner (the “Board”) had approved a 1-for-10 reverse split of the Partnership’s common units that was completed on November 23, 2020, pursuant to which each ten common units of the Partnership were converted into one common unit of the Partnership (the “Reverse Unit Split”). In accordance with the Partnership’s Agreement of Limited Partnership, as amended (the “Partnership Agreement”), following the Reverse Unit Split, any fractional units of record holders were rounded up or down, as applicable, to the nearest whole common unit, with any fraction equal to or above 0.5 common units rounding up to the next higher common unit. Following the Reverse Unit Split, the number of common units outstanding decreased from approximately 111 million common units to approximately 11 million common units, with proportionate adjustments to the common units under the Partnership’s long-term incentive plan and outstanding awards thereunder. The Partnership’s common units began trading on a split-adjusted basis when markets opened on November 24, 2020, under the symbol “UAN” and a new CUSIP number. As of November 30, 2020, the Reverse Unit Split enabled the Partnership to regain compliance with NYSE listing requirements ahead of the January 1, 2021 deadline. All references to common units and per unit amounts in the consolidated financial statements and notes related thereto have been retrospectively adjusted to reflect the effect of the Reverse Unit Split for all periods presented. Interest Holders As of December 31, 2020, public common unit holders held approximately 64% of the Partnership’s outstanding limited partner interests; CVR Services, LLC (“CVR Services”) (formerly Coffeyville Resources, LLC), a wholly-owned subsidiary of CVR Energy, held approximately 36% of the Partnership’s outstanding limited partner interests; and CVR GP, LLC (“CVR GP” or the “general partner”), a wholly owned subsidiary of CVR Energy, held 100% of the Partnership’s general partner interest. As of December 31, 2020, Icahn Enterprises L.P. (“IEP”) and its affiliates owned approximately 71% of the common stock of CVR Energy. Unit Repurchase Program On May 6, 2020, the Board, on behalf of the Partnership, authorized a unit repurchase program (the “Unit Repurchase Program”). The Unit Repurchase Program enables the Partnership to repurchase up to $10 million of the Partnership’s common units. Repurchases under the Unit Repurchase Program may be made from time-to-time through open market transactions, block trades, privately negotiated transactions, or otherwise in accordance with applicable securities laws. The timing, price, and amount of repurchases (if any) will be made at the discretion of management of our general partner and are subject to market conditions, as well as corporate, regulatory, and other considerations. During the year ended December 31, 2020, adjusted to reflect the impact of the Reverse Unit Split, the Partnership repurchased 623,177 common units on the open market in accordance with a repurchase agreement under Rules 10b5-1 and 10b-18 of the Exchange Act at a cost of $7.1 million, inclusive of transaction costs, or an average price of $11.35 per common unit. At December 31, 2020, the Partnership had $2.9 million in authority remaining under the Unit Repurchase Program. On February 22, 2021, the Board authorized an additional $10 million for the Unit Repurchase Program. This Unit Repurchase Program does not obligate the Partnership to acquire any common units and may be cancelled or terminated by the Board at any time. Management and Operations The Partnership, including CVR GP, is led by the Board, and its committees and managed by the general partner’s executive officers, CVR Services (as sole member of the general partner), and certain officers of CVR Energy and its subsidiaries, pursuant to the Partnership Agreement, as well as a number of agreements between the Partnership, CVR GP, CVR Energy, and certain of their respective subsidiaries, including a service agreement. See Note 9 (“Related Party Transactions”) for further discussion. Common unitholders have limited voting rights on matters affecting the Partnership and have no right to elect the general partner’s directors or officers, whether on an annual or continuing basis or otherwise. Subsequent Events The Partnership evaluated subsequent events, if any, that would require an adjustment to the Partnership’s consolidated financial statements or require disclosure in the notes to the consolidated financial statements through the date of issuance of these consolidated financial statements. Where applicable, the notes to these consolidated financial statements have been updated to discuss all significant subsequent events which have occurred.

Summary of Significant Accounting Policies

12 Months Ended

Dec. 31, 2020

Accounting Policies [Abstract]

Summary of Significant Accounting Policies

(2) Summary of Significant Accounting Policies

Principles of Consolidation

The accompanying consolidated financial statements, prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) and in accordance with the rules and regulations of the Securities and Exchange Commission (“SEC”), include the accounts of CVR Partners and its wholly-owned subsidiaries. All intercompany accounts and transactions have been eliminated.

Reclassifications

Certain reclassifications have been made within the consolidated financial statements for the years ended December 31, 2019 and 2018 to conform with current presentation. Catalyst inventory with a value of $5.6 million as of December 31, 2019 was reclassified in the first quarter of 2020 to Other long-term assets to conform to current presentation.

Use of Estimates

The consolidated financial statements are prepared in conformity with GAAP, which requires management to make estimates and assumptions that affect the reported amounts and disclosure of assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Estimates are reviewed on an ongoing basis, based on currently available information. Changes in facts and circumstances may result in revised estimates and actual results could differ from those estimates.

Cash and Cash Equivalents

Cash and cash equivalents include cash on hand and on deposit, investments in highly liquid money market accounts, and debt instruments with original maturities of three months or less.

Accounts Receivable, net

Accounts receivable, net primarily consist of customer accounts receivable recorded at the invoiced amounts and generally do not bear interest. Also included within Accounts Receivable are unbilled fixed price contracts which is discussed further within Note 6 (“Revenue”).

Allowances for doubtful accounts are generally recorded when it becomes probable the receivable will not be collected and is booked to bad debt expense. The largest concentration of credit for any one customer was approximately 20% and 18% of the net accounts receivable balance at December 31, 2020 and 2019, respectively. Bad debt expense was $0.1 million and $0.1 million for the years ended December 31, 2020 and 2019, respectively. A recovery was recognized during the year ended 2018 of $1.1 million related to bad debt expense previously written off.

Inventories

Inventories consist of fertilizer products which are valued at the lower of FIFO cost, or net realizable value. Inventories also include raw materials (primarily gauze, natural gas, and pet coke) and parts and supplies that are valued at the lower of moving-average cost, which approximates FIFO, or net realizable value. The cost of inventories includes inbound freight costs.

Inventories consisted of the following:


	December 31,
(in thousands)	2020		2019
Finished goods	$	9,815	$	17,612
Raw materials	152		243
Parts, supplies and other	32,382		30,441
Total Inventories	$	42,349	$	48,296

At December 31, 2020 and 2019, inventories included depreciation of approximately $2.0 million and $4.5 million, respectively.

Property, Plant and Equipment, net

Additions to property, plant and equipment, including capitalized interest and certain costs allocable to construction and property purchases, are recorded at cost. Expenditures for improvements that increase economic benefit or returns and/or extend useful life are capitalized. Depreciation is computed using the straight-line method over the estimated useful lives of the various classes of depreciable assets. The lives used in computing depreciation for significant asset classes are as follows:


Asset						Range of Useful Lives, in Years
Land and improvements						10 to 30
Buildings and improvements						3 to 30
Automotive equipment						5 to 30
Machinery and equipment						2 to 30
Other						3 to 10

Property, plant and equipment, net consisted of the following:


	December 31,
(in thousands)	2020		2019
Machinery and equipment	$	1,388,735	$	1,378,651
Buildings and improvements	17,598		17,221
Automotive equipment	16,608		16,691
Land and improvements	14,132		14,075
Construction in progress	12,098		5,198
Other	1,721		1,752
	1,450,892		1,433,588
Less: Accumulated depreciation	553,045		481,629
Total Property, plant and equipment, net	$	897,847	$	951,959

Leasehold improvements and assets held under finance leases are depreciated or amortized on the straight-line method over the shorter of the contractual lease term or the estimated useful life of the asset. Expenditures for routine maintenance and repair costs are expensed when incurred. Such expenses are reported in Direct operating expenses (exclusive of depreciation and amortization) in the Partnership’s Consolidated Statements of Operations.

As of December 31, 2020, the Partnership had not identified the existence of an impairment indicator for our long-lived asset groups as outlined under Accounting Standards Codification (“ASC”) Topic 360, Property, Plant, and Equipment.

Leases

At inception, the Partnership determines whether an arrangement is a lease and the appropriate lease classification. Operating leases are included as operating lease right-of-use (“ROU”) assets within Other long-term assets and lease liabilities within Other current liabilities and Other long-term liabilities on our Consolidated Balance Sheets. Finance leases are included as ROU finance leases within Property, plant, and equipment, net, and finance lease liabilities within Other current liabilities and Long-term debt, net of current portion on our Consolidated Balance Sheets. Leases with an initial expected term of 12 months or less are considered short-term and are not recorded on our Consolidated Balance Sheets. The Partnership recognizes lease expense for these leases on a straight-line basis over the expected lease term.

ROU assets represent the Partnership’s right to use an underlying asset for the lease term, and lease liabilities represent the obligation to make lease payments arising from the lease. ROU assets and liabilities are recognized at the commencement date based on the present value of minimum lease payments over the lease term. The lease term is modified to reflect options to extend or terminate the lease when it is reasonably certain we will exercise such option. The depreciable life of assets and leasehold improvements is limited by the expected lease term, unless there is a transfer of title or purchase option reasonably certain of exercise, in which case the depreciation policy in the “Property, Plant and Equipment, net” section above is applicable. The periodic lease payments are treated as payments of the lease obligation and interest is recorded as interest expense.

Impairment of Long-Lived Assets and Goodwill

Long-lived assets used in operations are assessed for impairment whenever changes in facts and circumstances indicate a possible significant deterioration in future expected cash flows. If the sum of the undiscounted expected future cash flows of an asset group is less than the carrying value, including applicable liabilities, the carrying value is written down to its estimated fair value. Individual assets are grouped for impairment purposes based on a judgmental assessment of the lowest level for which there are identifiable cash flows that are largely independent of the cash flows of other assets (for example, at a fertilizer facility level).

The Partnership tests goodwill for impairment annually impairment annually on November 1 of each year, or more frequently if events or changes in circumstances indicate the asset might be impaired. One of the Partnership’s reporting units, the Coffeyville Facility, had a goodwill balance of $41.0 million at December 31, 2019. During the second quarter of 2020, following completion of the spring planting season, the market pricing for ammonia and UAN, which are the facility’s two primary products, experienced significant pricing declines driven by updated market expectations around supply and demand fundamentals which were expected to continue into the second half of 2020. Additionally, significant uncertainty remained as to the nature and extent of impacts to be seen on the overall demand for corn and soybean given reduced ethanol production and broader economic conditions which had negatively impacted demand. Therefore, in connection with the preparation of the financial statements for the three months ended June 30, 2020, given the pricing declines experienced in the second quarter of 2020, further muting of the Partnership’s near-term economic recovery assumptions, including revised forecasts for product pricing in 2020 and beyond, and market price performance of the Partnership’s common units, the Partnership concluded an impairment indicator was present and a triggering event under ASC Topic 350, Intangibles-Goodwill and Other, had occurred as of June 30, 2020 and an interim quantitative impairment assessment was performed. Significant assumptions inherent in the valuation methodologies for goodwill included, but are not limited to, prospective financial information, growth rates, discount rates, inflationary factors, and cost of capital. Based on the interim quantitative analysis, it was determined that the estimated fair value of the Coffeyville Facility reporting unit did not exceed its carrying value. As a result, the Partnership recorded a full non-cash impairment charge of $41.0 million during the three months ended June 30, 2020. There was no goodwill remaining as of December 31, 2020.

The Partnership performed the annual impairment reviews of goodwill for 2019 and 2018 and concluded no impairments. For the period ended December 31, 2019, the Partnership performed a qualitative assessment and concluded there were no events or circumstances which would trigger the performance of a quantitative analysis after reviewing all factors impacting the Coffeyville Facility, including improved market conditions and financial results in 2019 as compared to the financial forecasts from those used in the fair value analysis at December 31, 2018 where the estimated fair value of the Coffeyville Facility reporting unit exceeded its carrying value by approximately 36% based upon the results of the Partnership’s quantitative goodwill impairment test.

Loss Contingencies

In the ordinary course of business, CVR Partners may become party to lawsuits, administrative proceedings, and governmental investigations, including environmental, regulatory, and other matters. The outcome of these matters cannot always be predicted accurately, but the Partnership accrues liabilities for these matters if the Partnership has determined that it is probable a loss has been incurred and the loss can be reasonably estimated. As of December 31, 2020 and 2019, there are no matters or contingencies that require recognition or disclosure.

The Partnership is subject to various stringent federal, state, and local environmental, health, and safety rules and regulations. Liabilities related to future remediation costs of past environmental contamination of properties are recognized when the related costs are considered probable and can be reasonably estimated. Estimates of these costs are based upon currently available facts, internal and third-party assessments of contamination, available remediation technology, site-specific costs, and currently enacted laws and regulations. In reporting environmental liabilities, no offset is made for potential recoveries. Loss contingency accruals, including those for environmental remediation, are subject to revision as further information develops or circumstances change and such accruals can take into account the legal liability of other parties. Management periodically reviews and, as appropriate, revises its environmental accruals. Environmental expenditures for capital assets are capitalized at the time of the expenditure when such costs provide future economic benefits. As of December 31, 2020 and 2019, no liabilities have been recognized for environmental remediation matters as no matters have been identified that are considered to be probable or estimable.

Revenue Recognition

The Partnership recognizes revenue based on consideration specified in contracts or agreements with customers when performance obligations are satisfied by transferring control over products or services to a customer. The adoption of ASC Topic 606, Revenue from Contracts with Customers, resulted in the recognition of deferred revenue and related receivables, on a gross basis, associated with contracts that guarantee a price and supply of nitrogen fertilizer products in quantities expected to be delivered in the normal course of business.

Other accounting policies relevant to revenue include:

•Revenue transactions that pass control at customers’ designated facilities;

•Non-monetary product exchanges which are entered into in the normal course of business are included on a net cost basis in operating expenses on the Consolidated Statements of Operations; and

•Pass-through finished goods delivery costs reimbursed by customers are reported in net sales, while an offsetting expense is included in cost of materials and other.

Other considerations - Excise and other taxes collected from customers and remitted to governmental authorities are excluded from reported revenues.

Cost Classifications

Cost of materials and other consist primarily of freight and distribution expenses, feedstock expenses, purchased ammonia, and purchased hydrogen. Direct operating expenses (exclusive of depreciation and amortization) consist primarily of energy and other utility costs, direct costs of labor, property taxes, plant-related maintenance services, including turnaround, and environmental and safety compliance costs, as well as catalyst and chemical costs. Each of these financial statement line items are also impacted by changes in inventory balances. Direct operating expenses also include allocated share-based compensation from CVR Energy and its subsidiaries, as discussed in Note 7 (“Share-Based Compensation”). Selling, general and

administrative expenses consist primarily of legal expenses, treasury, accounting, marketing, human resources, information technology, and maintaining the corporate and administrative offices in Texas and Kansas.

Share-Based Compensation

The Partnership accounts for share-based compensation in accordance with ASC Topic 718, Compensation — Stock Compensation (“ASC 718”). Currently, all of the Partnership’s share-based compensation awards are liability-classified and are measured at fair value at the end of each reporting period based on the applicable closing unit price. Compensation expense will fluctuate based on changes in the applicable unit price value and expense reversals resulting from employee terminations prior to award vesting. See Note 7 (“Share-Based Compensation”) for further discussion.

Income Taxes

CVR Partners accounts for income taxes utilizing the asset and liability approach. Under this method, deferred tax assets and liabilities are recognized for the anticipated future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis. Deferred amounts are measured using enacted tax rates expected to apply to taxable income in the year those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date.

Allocation of Costs

CVR Energy and its subsidiaries provide a variety of services to the Partnership, including employee benefits provided through CVR Energy’s benefit plans, administrative services provided by CVR Energy’s employees and management, insurance, and office space leased by CVR Energy. As such, the accompanying consolidated financial statements include costs that have been incurred by CVR Energy on behalf of the Partnership. These amounts incurred by CVR Energy are then billed or allocated to the Partnership and are classified on the Consolidated Statements of Operations as either Direct operating expenses (exclusive of depreciation and amortization) or as Selling, general and administrative expenses. See Note 9 (“Related Party Transactions”) for a detailed discussion of the billing procedures and the basis for calculating the charges for specific products and services.

Recent Accounting Pronouncements - Adoption of Credit Losses Standard

In June 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standard Update (“ASU”) 2016-13, Financial Instruments - Credit Losses (Topic 326). The ASU replaces the incurred loss model with a current expected credit loss model for more timely recognition of expected impairment losses for most financial assets and certain other instruments that are not measured at fair value through net income. Effective January 1, 2020, we adopted this ASU with no material impact on the Partnership’s consolidated financial position or results of operations.

Recent Accounting Pronouncements - Adoption of Fair Value Measurement Standard

In August 2018, the FASB issued ASU 2018-13, Fair Value Measurement (Topic 820). The ASU eliminates such disclosures as the amount of and reasons for transfers between Level 1 and Level 2 of the fair value hierarchy. Certain disclosures are required to be applied on a retrospective basis and others on a prospective basis. Effective January 1, 2020, we adopted this ASU with no material impact on the Partnership’s disclosures.

Recent Accounting Pronouncements - New Accounting Standards Issued But Not Yet Implemented

In December 2019, the FASB issued ASU 2019-12, Income Taxes (Topic 740). The ASU simplifies the accounting for income taxes by removing certain exceptions to the general principles in Topic 740 and modifies other areas of the topic to clarify the application of GAAP. Certain amendments within the standard are required to be applied on a retrospective basis and others on a prospective basis. This standard is effective for the Partnership beginning January 1, 2021, with early adoption permitted. The Partnership is evaluating the effect of adopting this new accounting guidance on its consolidated financial

statements, but does not currently expect adoption will have a material impact on the Partnership’s consolidated financial position or results of operations. The Partnership does not intend to early adopt this ASU.

In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848). This ASU was issued because, by the end of 2021, banks will no longer be required to report information that is used to determine London Interbank Offered Rate (“LIBOR”), which is used globally by all types of entities. As a result, LIBOR could be discontinued, as well as other interest rates used globally. ASU 2020-04 provides companies with optional expedients for contract modifications under Topics 310, 470, 842, and 815-15, excluded components of certain hedging relationships, fair value hedges, and cash flow hedges, as well as certain exceptions, which are intended to help ease the potential accounting burden associated with transitioning away from these reference rates. Companies can apply the ASU immediately. However, the guidance will only be available for a limited time (generally through December 31, 2022). The Partnership is currently evaluating the impact that adopting this new accounting standard will have on its consolidated financial statements and related disclosures.

In October 2020, the FASB issued ASU 2020-10, Codification Improvements. The ASU amends various sections of the codification in the Boards ongoing efforts to simplify and improve guidance. This standard is effective for the Partnership beginning January 1, 2021, with early adoption permitted. The Partnership is evaluating the effect of adopting this new accounting guidance on its consolidated financial statements, but does not currently expect adoption will have a material impact on the Partnership’s consolidated financial position or results of operations. The Partnership does not intend to early adopt this ASU.

Leases

12 Months Ended

Dec. 31, 2020

Leases [Abstract]

Leases

(3) Leases

Lease Overview

We lease railcars and certain facilities to support the Partnership’s operations. Most leases include one or more options to renew, with renewal terms that can extend the lease term from one to 20 years or more. The exercise of lease renewal options is at our sole discretion. Certain leases also include options to purchase the leased property. Certain of our lease agreements include rental payments which are adjusted periodically for factors such as inflation. Our lease agreements do not contain any material residual value guarantees or material restrictive covenants. Additionally, we do not have any lessor or sub-leasing arrangements.

Balance Sheet Summary at December 31, 2020 and 2019

The following tables summarize the ROU asset and lease liability balances for the Partnership’s operating and finance leases at December 31, 2020 and 2019:


	December 31,
(in thousands)	2020		2019
Operating Leases:
ROU asset, net

Railcars	$	7,327	$	10,826
Real estate and other	3,040		2,581
Lease liability

Railcars	$	7,696	$	11,088
Real estate and other	867		228

Finance Leases:
ROU asset, net
Real estate and other	$	101	$	201
Lease liability
Real estate and other	$	105	$	205

Lease Expense Summary for the Year Ended December 31, 2020 and 2019

We recognize lease expense on a straight-line basis over the lease term. For the year ended December 31, 2020 and 2019, we recognized lease expense comprised of the following components:


	Year Ended December 31,
(in thousands)	2020		2019
Operating lease expense	$	4,113	$	3,122

Finance lease expense:
Amortization of ROU asset	$	101	$	322
Interest expense on lease liability	6		10

Short-term lease expense, recognized within Direct operating expenses (exclusive of depreciation and amortization), was $0.4 million and $0.4 million for the year ended December 31, 2020 and 2019, respectively.

Lease Terms and Discount Rates

The following outlines the remaining lease terms and discount rates used in the measurement of the Partnership’s ROU assets and liabilities:


	Year Ended December 31,
	2020		2019
Weighted-average remaining lease term (years)
Operating Leases	2.9		3.4
Finance Leases	1.3		2.3
Weighted-average discount rate
Operating Leases	5.1	%	5.1	%
Finance Leases	4.0	%	3.9	%

Maturities of Lease Liabilities

The following summarizes the remaining minimum lease payments through maturity of the Partnership’s ROU assets and liabilities at December 31, 2020:


(in thousands)	Operating Leases		Finance Leases
2021	$	3,672	$	107
2022	3,236		—
2023	1,367		—
2024	684		—
2025	263		—
Thereafter	—		—
Total lease payments	9,222		107
Less: imputed interest	(659)		(2)
Total lease liability	$	8,563	$	105

On July 31, 2020, the Partnership and Messer LLC (“Messer”) entered into an On-Site Product Supply Agreement (the “Messer Agreement”). Under the Messer Agreement, among other obligations, Messer is obligated to supply and make certain capital improvements during the term of the Messer Agreement, and the Partnership is obligated to take as available and pay for, oxygen, nitrogen, and compressed dry air from Messer’s facility. This arrangement for the Partnership’s purchase of oxygen, nitrogen, and dry air from Messer does not meet the definition of a lease under FASB ASC Topic 842, Leases, (“Topic 842”), as the Partnership does not expect to receive substantially all of the output of Messer’s on-site production from its air separation unit over the life of the Messer Agreement. The Messer Agreement also obligates Messer to install a new oxygen

storage vessel and related equipment to be used solely by the Coffeyville Facility. The arrangement for the use of the oxygen storage vessel and related equipment meets the definition of a lease under Topic 842, as the Partnership will receive all output associated with the vessel. Based on terms outlined in the Messer Agreement, the Partnership expects the lease of the oxygen storage vessel to be classified as a financing lease with an amount between $20 and $25 million being capitalized upon lease commencement when the oxygen storage vessel is placed in service.

Leases

(3) Leases

Lease Overview

Balance Sheet Summary at December 31, 2020 and 2019

The following tables summarize the ROU asset and lease liability balances for the Partnership’s operating and finance leases at December 31, 2020 and 2019:


	December 31,
(in thousands)	2020		2019
Operating Leases:
ROU asset, net

Railcars	$	7,327	$	10,826
Real estate and other	3,040		2,581
Lease liability

Railcars	$	7,696	$	11,088
Real estate and other	867		228

Finance Leases:
ROU asset, net
Real estate and other	$	101	$	201
Lease liability
Real estate and other	$	105	$	205

Lease Expense Summary for the Year Ended December 31, 2020 and 2019

We recognize lease expense on a straight-line basis over the lease term. For the year ended December 31, 2020 and 2019, we recognized lease expense comprised of the following components:


	Year Ended December 31,
(in thousands)	2020		2019
Operating lease expense	$	4,113	$	3,122

Finance lease expense:
Amortization of ROU asset	$	101	$	322
Interest expense on lease liability	6		10

Lease Terms and Discount Rates

The following outlines the remaining lease terms and discount rates used in the measurement of the Partnership’s ROU assets and liabilities:


	Year Ended December 31,
	2020		2019
Weighted-average remaining lease term (years)
Operating Leases	2.9		3.4
Finance Leases	1.3		2.3
Weighted-average discount rate
Operating Leases	5.1	%	5.1	%
Finance Leases	4.0	%	3.9	%

Maturities of Lease Liabilities

The following summarizes the remaining minimum lease payments through maturity of the Partnership’s ROU assets and liabilities at December 31, 2020:


(in thousands)	Operating Leases		Finance Leases
2021	$	3,672	$	107
2022	3,236		—
2023	1,367		—
2024	684		—
2025	263		—
Thereafter	—		—
Total lease payments	9,222		107
Less: imputed interest	(659)		(2)
Total lease liability	$	8,563	$	105

Other Current Liabilities

12 Months Ended

Dec. 31, 2020

Payables and Accruals [Abstract]

Other Current Liabilities

(4) Other Current Liabilities

Other current liabilities were as follows:


	December 31,
(in thousands)	2020		2019
Personnel accruals	$	7,475	$	8,187
Operating lease liabilities	3,309		3,523
Accrued interest	2,506		2,518
Sales incentives	2,215		1,614
Share-based compensation	442		5,011
Prepaid revenue contracts	197		277
Other accrued expenses and liabilities	2,565		2,913
Total other current liabilities	$	18,709	$	24,043

Other current liabilities include amounts accrued by the Partnership and owed to CVR Energy and its affiliates of $5.4 million at December 31, 2019. The Partnership had no separate affiliate liabilities owed to CVR Energy and its affiliates at December 31, 2020, as allocation of affiliate accruals is part of the amount charged to the Partnership under the new Corporate Master Service Agreement, which became effective January 1, 2020 (the “Corporate MSA”). Refer to Note 9 (“Related Party Transactions”) for additional discussion.

Long-Term Debt

12 Months Ended

Dec. 31, 2020

Debt Disclosure [Abstract]

Long-Term Debt

(5) Long-Term Debt

Long-term debt consists of the following:


	December 31,
(in thousands)	2020		2019
9.25% Senior Secured Notes, due June 2023 (1)(2)	$	645,000	$	645,000
6.50% Senior Notes, due April 2021, net of current portion (3)	—		$	2,240
Unamortized discount and debt issuance costs (4)	(11,058)		(14,834)

Total long-term debt	633,942		632,406
Current portion of long-term debt (3)	2,240		—
Total long-term debt, including current portion	$	636,182	$	632,406

(1)This debt was issued at a $16.1 million discount which is being amortized, as interest expense, over the remaining term of the debt. Debt issuance costs associated with this debt totaled $9.4 million.

(2)The estimated fair value of total long-term debt outstanding was approximately $645.7 million and $673.8 million as of December 31, 2020 and 2019, respectively. This estimate of fair value is a Level 2 measurement as it was determined by quotations obtained from a broker-dealer who makes a market in these and similar securities.

(3)The 6.50% Senior Notes, due April 2021, mature within 12 months, and, therefore, the outstanding balance of $2.2 million has been classified as short-term as of December 31, 2020.

(4)For the years ended December 31, 2020, 2019, and 2018, amortization of the discount on debt and amortization of deferred financing costs reported as Interest expense, net totaled approximately $3.8 million, $3.4 million, and $3.1 million, respectively.

Credit Agreements


(in thousands)	Total Capacity		Amount borrowed as of December 31, 2020		Outstanding Letters of Credit		Available capacity as of December 31, 2020		Maturity Date
ABL Credit Agreement (1)(2)	$	20,146	$	—	$	—	$	20,146	September 30, 2022

(1)At the option of the borrowers, loans under the ABL Credit Agreement initially bear interest at an annual rate equal to (i) 1.00% plus a base rate, Thereafter, loans will bear interest (i) at such rates if our quarterly excess availability is greater than 50% and (ii) 1.50% plus a base rate, otherwise.

(2)The ABL Credit Agreement was amended on September 29, 2020 to, among other things, reduce the commitments thereunder to $35 million and extended the maturity date to September 30, 2022. Deferred financing costs of $0.4 million were capitalized related to this amendment and will be amortized from Prepaid expenses and other current assets and Other long-term assets over the remaining term of the ABL Credit Agreement. Amortization expense was $0.2 million for the years ended December 31, 2020, 2019, and 2018.

9.25% Senior Secured Notes due 2023

On June 10, 2016, CVR Partners and CVR Nitrogen Finance Corporation (“CVR Nitrogen Finance”), an indirect wholly-owned subsidiary of CVR Partners (together the “2023 Notes Issuers”), certain subsidiary guarantors named therein and Wilmington Trust, National Association, as trustee and as collateral trustee, completed a private offering of $645 million aggregate principal amount of 9.25% Senior Secured Notes due 2023 (the “2023 Notes”). The 2023 Notes mature on June 15, 2023, unless earlier redeemed or repurchased by the issuers. Interest on the 2023 Notes is payable semi-annually in arrears on June 15 and December 15 of each year. The 2023 Notes are guaranteed on a senior secured basis by all of the Partnership’s existing subsidiaries.

On or after June 15, 2019, the 2023 Notes Issuers may on any one or more occasions, redeem all or part of the 2023 Notes at the redemption prices set forth below expressed as a percentage of the principal amount of the 2023 Notes plus accrued and unpaid interest to the applicable redemption date.


12-month period beginning June 15,						Percentage
2020						102.313%
2021 and thereafter						100%

The 2023 Notes contain customary covenants for a financing of this type that, among other things, restrict CVR Partners’ ability and the ability of certain of its subsidiaries to: (i) sell assets; (ii) pay distributions on, redeem or repurchase the Partnership’s units or redeem or repurchase its subordinated debt; (iii) make investments; (iv) incur or guarantee additional indebtedness or issue preferred units; (v) create or incur certain liens; (vi) enter into agreements that restrict distributions or other payments from the Partnerships’ restricted subsidiaries to the Partnership; (vii) consolidate, merge or transfer all or substantially all of the Partnerships’ assets; (viii) engage in transactions with affiliates; and (ix) create unrestricted subsidiaries. In addition, the indenture contains customary events of default, the occurrence of which would result in or permit the trustee or the holders of at least 25% of the 2023 Notes to cause the acceleration of the 2023 Notes, in addition to the pursuit of other available remedies.

ABL Credit Agreement

On September 29, 2020, CVR Partners amended the ABL Credit Agreement, a senior secured asset based revolving credit facility (the “ABL Credit Facility”) with a group of lenders and UBS AG (“UBS”), as administrative agent and collateral agent. The ABL Credit Amendment amended the aggregate principal amount of availability of up to $35 million with an incremental facility, which permits an increase in borrowings of up to $25 million in the aggregate subject to additional lender commitments and certain other conditions. The ABL Credit Amendment is scheduled to mature on September 30, 2022.

The Partnership is in compliance with all covenants of the 9.25% Senior Secured Notes, the 6.50% Senior Notes, and the ABL Credit Agreement as of December 31, 2020.

Revenue

12 Months Ended

Dec. 31, 2020

Revenue from Contract with Customer [Abstract]

Revenue

(6) Revenue

The following table presents the Partnership’s revenue, disaggregated by major product:


	Year Ended December 31,
(in thousands)	2020		2019		2018
Ammonia	$	94,117	$	94,467	$	66,254
UAN	198,258		251,199		222,329
Urea products	14,115		17,430		20,633
Net sales, exclusive of freight and other	306,490		363,096		309,216
Freight revenue	33,329		33,436		33,567
Other revenue	10,134		7,645		8,299
Net sales	$	349,953	$	404,177	$	351,082

The Partnership sells its products on a wholesale basis under a contract or by purchase order. The Partnership’s contracts with customers generally contain fixed pricing and most have terms of less than one year. The Partnership recognizes revenue at the point in time at which the customer obtains control of the product, which is generally upon delivery and acceptance by the customer. The customer acceptance point is stated in the contract and may be at one of the Partnership’s manufacturing facilities, at one of the Partnership’s off-site loading facilities, or at the customer’s designated facility. Freight revenue recognized by the Partnership represents the pass-through finished goods delivery costs incurred prior to customer acceptance and is reimbursed by customers. An offsetting expense for freight is included in Cost of materials and other. Qualifying taxes collected from customers and remitted to governmental authorities are not included in reported revenues.

Depending on the product sold and the type of contract, payments from customers are generally either due prior to delivery or within 15 to 30 days of product delivery.

The Partnership generally provides no warranty other than the implicit promise that goods delivered are free of liens and encumbrances and meet the agreed upon specifications. Product returns are rare, and as such, the Partnership does not record a specific warranty reserve or consider activities related to such warranty, if any, to be a separate performance obligation.

The Partnership has an immaterial amount of variable consideration for contracts with an original duration of less than a year. A small portion of the Partnership’s revenue includes contracts extending beyond one year, some of which contain variable pricing in which the majority of the variability is attributed to the market-based pricing. The Partnership’s contracts do not contain a significant financing component.

The Partnership has an immaterial amount of fee-based revenue, included in other revenue in the table above, that is recognized based on the net amount of the proceeds received.

Transaction Price - Allocation to Remaining Performance Obligations

As of December 31, 2020, the Partnership had approximately $6.1 million of remaining performance obligations for contracts with an original expected duration of more than one year. The Partnership expects to recognize approximately $3.5 million of these performance obligations as revenue by the end of 2021, an additional $2.3 million in 2022, and the remaining balance thereafter. The Partnership has elected to not disclose the amount of transaction price allocated to remaining performance obligations for contracts with an original expected duration of less than one year. The Partnership has elected to not disclose variable consideration allocated to wholly unsatisfied performance obligations that are based on market prices that have not yet been determined.

Contract Balances

The Partnership’s deferred revenue is a contract liability that primarily relates to nitrogen fertilizer sales contracts requiring customer prepayment prior to product delivery to guarantee a price and supply of nitrogen fertilizer. Deferred revenue is recorded at the point in time in which a prepaid contract is legally enforceable and the associated right to consideration is unconditional prior to transferring product to the customer. An associated receivable is recorded for uncollected prepaid

contract amounts. Contracts requiring prepayment are generally short-term in nature and, as discussed above, revenue is recognized at the point in time in which the customer obtains control of the product.

A summary of the deferred revenue activity during the year ended December 31, 2020 is presented below:


(in thousands)
Balance at December 31, 2019	$	27,841
Add:
New prepay contracts entered into during the period (1)	56,490
Less:
Revenue recognized that was included in the contract liability balance at the beginning of the period	(27,060)
Revenue recognized related to contracts entered into during the period	(26,141)
Other changes	(499)
Balance at December 31, 2020	$	30,631

(1)Includes $33.4 million where payment associated with prepaid contracts was collected.

Major Customers

CVR Partners has two customers who comprised 26%, 28%, and 20% of net sales for the years ended December 31, 2020, 2019, and 2018, respectively.

- Definition

The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-URI http://asc.fasb.org/topic&trid=49130388

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130551-203045

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (b)(2)
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130556-203045

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 12
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130550-203045

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 12
-Subparagraph (e)
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 12
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 12
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130558-203045

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 12
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045

+ Details

Share-Based Compensation

12 Months Ended

Dec. 31, 2020

Share-based Payment Arrangement [Abstract]

Share-Based Compensation

(7) Share-Based Compensation

CVR Partners’ Phantom Unit Awards

CVR Partners has a Long-Term Incentive Plan (“LTIP”) which permits the granting of options, stock and unit appreciation rights (“SARs”), restricted shares, restricted stock units, phantom units, unit awards, substitute awards, other unit-based awards, cash awards, dividend and distribution equivalent rights, share awards, and performance awards (including performance share units, performance units, and performance-based restricted stock). As of December 31, 2020, only phantom unit awards under the LTIP remained outstanding. Individuals who are eligible to receive awards and grants under the LTIP include CVR Energy’s and the Partnership’s employees, officers, consultants, advisors, and directors.

A summary of phantom unit award activity and changes under the LTIP during the year ended December 31, 2020 is presented below:


(in thousands, except per unit data)	Units	Weighted- Average Grant Date Fair Value		Aggregate Intrinsic Value




Non-vested at December 31, 2019	155,707	$	30.71	$	4,827
Granted	444,385	12.12
Vested	(62,594)	31.31
Forfeited	(18,617)	31.23
Non-vested at December 31, 2020	518,881	$	14.70	$	8,312

Unrecognized compensation expense associated with the phantom units at December 31, 2020 was approximately $7.4 million, which is expected to be recognized over a weighted average period of 2.8 years. Compensation expense recorded for the years ended December 31, 2020, 2019, and 2018 related to awards under the CVR Partners LTIP was approximately $0.6 million, $2.3 million, and $1.9 million, respectively.

As of December 31, 2020 and 2019, the Partnership had a liability of $0.9 million and $1.2 million, respectively, for cash settled non-vested phantom unit awards and associated distribution equivalent rights. For the years ended December 31, 2020, 2019, and 2018, the Partnership paid cash of $0.8 million, $1.7 million, and $1.7 million, respectively, to settle liability-classified awards upon vesting.

Incentive Unit Awards — CVR Energy

CVR Energy grants awards of incentive units and dividend and distribution equivalent rights to certain of its employees and those of its subsidiaries, including CVR GP, who provide shared services for CVR Energy and its subsidiaries, including the Partnership. Costs related to these incentive unit awards are allocated to the Partnership based on time spent on Partnership business. Total compensation expense allocated to the Partnership for the years ended December 31, 2020, 2019, and 2018 related to the incentive units was $0.4 million, $1.0 million and $0.5 million, respectively.

The Partnership had no separate liabilities related to these incentive unit awards as of December 31, 2020, as the allocation of compensation expense for incentive unit awards is part of the amount charged to the Partnership under the Corporate MSA. The Partnership had a liability of $1.4 million as of December 31, 2019, which is recorded in Other current liabilities. For the years ended December 31, 2020 and 2018, the Partnership made reimbursements to CVR Energy of $2.2 million and $0.8 million, respectively, and no reimbursements for the year ended December 31, 2019 related to its allocated portion of CVR Energy’s incentive unit awards payments. See Note 9 (“Related Party Transactions”) for further discussion of the Corporate MSA.

Performance Unit Awards

In connection with an employment agreement with the Partnership’s Executive Chairman dated November 1, 2017, CVR Energy entered into a performance unit award agreement (the “2017 Performance Unit Award Agreement”) on November 1, 2017, with our Executive Chairman representing the right to receive upon vesting, a cash payment equal to $10.0 million if the average closing price of CVR Energy’s common stock over the 30 day trading period from January 4, 2022 to February 15, 2022 is equal to or greater than $60 per share. There were no compensation costs recognized for the years ended December 31, 2020 and 2019 under the 2017 Performance Unit Award Agreement. Compensation costs recognized for the year ended December 31, 2018 were $0.4 million. Under the 2017 Performance Unit Award Agreement, as of December 31, 2020, the Partnership had no outstanding liability, and an outstanding liability of $0.4 million as of December 31, 2019, which was recorded in Other current liabilities on the Consolidated Balance Sheets. At December 31, 2020, there was approximately $2.3 million of total unrecognized compensation costs related to the 2017 Performance Unit Award Agreement.

Other Benefit Plans

CVR Energy sponsors and administers two defined contribution 401(k) plans, the CVR Energy 401(k) Plan and the CVR Energy 401(k) Plan for Represented Employees (the “Plans”), in which employees of the general partner, CVR Partners and its subsidiaries may participate. Participants in the Plans may elect to contribute a designated percentage of their eligible compensation in accordance with the Plans, subject to statutory limits. CVR Partners provides a matching contribution of 100% of the first 6% of eligible compensation contributed by participants. Participants in both Plans are immediately vested in their individual contributions. The Plans provide for a three-year vesting schedule for the Partnership’s matching contributions and contain a provision to count service with predecessor organizations. The Partnership’s contributions under the Plans were approximately $1.9 million, $1.8 million, and $1.8 million for the years ended December 31, 2020, 2019, and 2018, respectively. Effective January 1, 2021, the matching contributions for the Plans have been suspended.

Commitments

12 Months Ended

Dec. 31, 2020

Commitments and Contingencies Disclosure [Abstract]

Commitments

(8) Commitments

Supply Commitments

The minimum required payments for unconditional purchase obligations, including the natural gas purchases outlined below, are as follows:


(in thousands)	Unconditional Purchase Obligations
Year Ending December 31,
2021	$	36,132
2022	11,207
2023	9,540
2024	5,006
2025	5,006
Thereafter	33,244
	$	100,135

Supply Commitments - The Partnership is a party to various supply agreements with both related and third parties which commit the Partnership to purchase minimum volumes of hydrogen, oxygen, nitrogen, pet coke, and natural gas to run its plants’ operations.

The Partnership is also party to a natural gas supply agreement with various third-parties. Natural gas expense for the years ended December 31, 2020, 2019, and 2018 totaled approximately $32.4 million, $33.1 million, and $42.4 million, respectively, and is included in Cost of materials and other and Direct operating expenses (exclusive of depreciation and amortization).

The Partnership entered into the Coffeyville Master Service Agreement (“Coffeyville MSA”) with Coffeyville Resources Refining & Marketing, LLC, an indirect, wholly-owned subsidiary of CVR Energy (“CRRM”), pursuant to which, it agrees to pay a monthly fee for pet coke purchases. The Partnership’s Coffeyville Facility obtains a significant amount (60% on average during last five years, 33% in 2020) of the pet coke it needs from the Coffeyville MSA. Any remaining pet coke needs are required to be purchased from various third parties. The price paid pursuant to the Coffeyville MSA is based on the lesser of a pet coke price derived from the price received for UAN (the “UAN-based Price”) or a pet coke price index. The UAN-based Price begins with a pet coke price of $25 per ton based on a price per ton for UAN that excludes transportation cost (“netback price”) of $205 per ton, and adjusts up or down $0.50 per ton for every $1.00 change in the netback price. The UAN-based price has a ceiling of $40 per ton and a floor of $5 per ton. See Note 9 (“Related Party Transactions”) for further discussion of the Coffeyville MSA.

Pursuant to the Coffeyville MSA, the Partnership agreed, with respect to the Coffeyville Facility, to pay CRRM for hydrogen purchases. The committed hydrogen volume pricing is based on a monthly fixed fee (based on the fixed and capital charges associated with producing the committed volume) and a monthly variable fee (based on the natural gas price associated with hydrogen actually received). In the event the Coffeyville Facility fails to take delivery of the full committed volume in a month, the Partnership remains obligated to pay CRRM for the monthly fixed fee and the monthly variable fee based upon the actual hydrogen volume received, if any. In the event CRRM fails to deliver any portion of the committed volume for the applicable month for any reason other than planned repairs and maintenance, the Partnership will be entitled to a pro-rata reduction of the monthly fixed fee. See Note 9 (“Related Party Transactions”) for further discussion.

The Partnership, with respect to the Coffeyville Facility, is also party to the Messer Agreement, pursuant to which, it is required to take as available and pay for the supply of oxygen and nitrogen to the plant. This agreement was renewed and commenced in July 2020 for an initial term of 15 years with annual renewals thereafter. Expenses associated with this agreement are included in Direct operating expenses (exclusive of depreciation and amortization), and, for the years ended December 31, 2020, 2019, and 2018, totaled approximately $4.2 million, $4.2 million, and $3.8 million, respectively.

In addition to the related party Coffeyville MSA, the Coffeyville Facility has pet coke supply agreements with multiple third-party refineries to purchase approximately 275,000 tons of pet coke at a fixed price for delivery at different dates through December 2021. The Coffeyville Facility has historically purchased third-party pet coke based on spot purchases and supply

agreements in place at the time. The delivered cost of third-party pet coke purchases is included in Cost of materials and other and totaled approximately $17.9 million, $10.3 million, and $4.8 million for the years ended December 31, 2020, 2019, and 2018, respectively.

During 2019, the Partnership, with respect to the East Dubuque Facility, entered into a utility service agreement with a new third-party energy cooperative. The new utility service agreement does not contain purchase commitments. The cost of utilities, including natural gas purchases, is included in Direct operating expenses (exclusive of depreciation and amortization). Prior to entering into the new utility service agreement, the East Dubuque Facility had a utility service agreement with a third-party energy cooperative which included certain charges on a take-or-pay basis and amounts associated with this agreement totaled approximately $3.7 million and $10.6 million for the years ended December 31, 2019 and 2018, respectively.

Related Party Transactions

12 Months Ended

Dec. 31, 2020

Related Party Transactions

(9) Related Party Transactions

Limited Partnership Agreement

The Partnership’s general partner manages the Partnership’s operations and activities as specified in CVR Partners’ limited partnership agreement. The general partner of the Partnership, CVR GP, is managed by its board of directors. The partnership agreement provides that the Partnership will reimburse CVR GP for all direct and indirect expenses it incurs or payments it makes on behalf of the Partnership, including salary, bonus, incentive compensation, and other amounts paid to any person to perform services for the Partnership or for its general partner in connection with operating the Partnership.

Omnibus Agreement

We are party to an omnibus agreement with CVR Energy and our general partner, pursuant to which we have agreed that CVR Energy will have a preferential right to acquire any assets or group of assets that do not constitute assets used in a fertilizer restricted business. In determining whether to exercise any preferential right under the omnibus agreement, CVR Energy will be permitted to act in its sole discretion, without any fiduciary obligation to us or the unitholders whatsoever. These obligations will continue so long as CVR Energy owns at least 50% of our general partner. There was no activity reported under this agreement during the years ended 2020, 2019, and 2018.

Coffeyville MSA

Effective January 1, 2020, the Conflicts Committee of the Board and the audit committee of CVR Energy approved, and CRNF and CRRM entered into the Coffeyville MSA which is comprised of various supply and service agreements effectively replacing, on substantially equivalent terms, other related party agreements in place during 2019 and 2018 as (the “Replaced Coffeyville Agreements”). In addition to affirming the terms and services described in the Replaced Coffeyville Agreements and resetting the durations thereof, as applicable, commencing January 1, 2020, the Coffeyville MSA provides for monthly payments, subject to netting, for all goods and services supplied under the Coffeyville MSA. The Coffeyville MSA will continue in effect until terminated in writing, in whole or in part, by either party, or until terminated automatically in the event a party falls out of common control with the other party. The Coffeyville MSA provides the following services:

•Cross Easements - Both CRNF and CRRM can access and utilize each other’s land in certain circumstances in order to operate their respective businesses.

•Hydrogen Purchase and Sale - CRRM agrees to sell and deliver a committed hydrogen volume of 90,000 mscf per month to CRNF and CRNF agrees to purchase and receive the committed volume. CRNF also has the option to purchase excess volume from CRRM, if available.

•Raw Water and Facilities Sharing - CRNF and CRRM are each owners of an undivided one-half interest in and to the water rights and agree to (i) allocate raw water resources between CVR Energy’s Coffeyville Refinery and our Coffeyville Facility and (ii) provide for the management of the water intake system which draws raw water from the Verdigris River for both our Coffeyville Facility and CVR Energy’s Coffeyville Refinery.

•Coke Supply - Our Coffeyville Facility purchases pet coke from CVR Energy’s Coffeyville Refinery which provides that CRRM must deliver, and the Coffeyville Facility must purchase, during each calendar year an annual required amount of pet coke equal to the lesser of (i) 100 percent of the pet coke or (ii) 500,000 tons of pet coke. If during a

calendar month, more than 41,667 tons of pet coke is produced and available for purchase, then the Coffeyville Facility will have the option to purchase the excess at the purchase price provided for in the agreement. If the option is declined, CRRM may sell the excess to a third-party.

•Feedstock and Shared Services - CRNF and CRRM provide feedstock and other services to one another. These feedstocks and services are utilized in the respective production processes of CRRM’s Coffeyville Refinery and our Coffeyville Facility. Feedstocks provided under the agreement include, among others, hydrogen, high-pressure steam, nitrogen, instrument air, oxygen, and natural gas.

•Lease - CRNF leases certain office and laboratory space from CRRM.

Corporate MSA

Also effective January 1, 2020, the Conflicts Committee of the Board and the audit committee of CVR Energy approved, and the parties entered into the Corporate MSA between CVR Services and certain of its affiliates, including CVR Energy, CVR GP and the Partnership and its subsidiaries, which is comprised of various management and service agreements effectively replacing other related party agreements, on substantially equivalent terms, in place for 2019 and 2018 as (the “Replaced Corporate Agreements”). In addition to affirming the terms and services described in the Replaced Corporate Agreements and resetting the durations thereof, as applicable, commencing January 1, 2020, the Corporate MSA provides for payment by each service recipient under the Corporate MSA of a monthly fee for goods and services supplied under the Corporate MSA, subject to netting and an annual true up, as well as pass-through of any direct costs incurred on behalf of a service recipient without markup.

Under the Corporate MSA, CVR GP and the Partnership and its subsidiaries obtain certain management and other professional services from CVR Services, including the following, among others:

•services from CVR Services’ employees in capacities equivalent to the capacities of corporate executive officers, except that those who serve in such capacities under the agreement will serve the Partnership on a shared, part-time basis only, unless the Partnership and CVR Services agree otherwise;

•administrative and professional services, including legal, accounting, SOX compliance, financial reporting, human resources, information technology, communications, insurance, tax, credit, finance, corporate compliance, enterprise risk management, consulting, and government and regulatory affairs;

•recommendations on capital raising activities to the board of directors of the general partner, including the issuance of debt or equity interests, the entry into credit facilities, and other capital market transactions;

•managing or overseeing litigation and administrative or regulatory proceedings, investigations and other reviews in the ordinary course of business or operations, establishing appropriate insurance policies for the Partnership, and providing safety and environmental advice;

•recommending the payment of distributions; and

•managing or providing advice for other projects, including acquisitions, as may be agreed by the general partner and CVR Services from time to time.

•permitting the use of the CVR Energy and CVR Partners trademarks by CVR GP and the Partnership at no cost.

For services performed in connection with the services agreement, the Partnership recognized personnel costs, excluding amounts related to share based compensation (refer to Note 7 (“Share-Based Compensation”)), of $6.6 million, $7.3 million, and $6.6 million, respectively, for the years ended December 31, 2020, 2019, and 2018.

Related Party Activity

Activity associated with the Partnership’s related party arrangements for the years ended December 31, 2020, 2019, and 2018 is summarized below:


	Year Ended December 31,
(in thousands)	2020		2019		2018
Sales to related parties (1)	$	993	$	119	$	371
Purchases from related parties (2)	22,365		30,876		27,315


	December 31,
	2020		2019
Prepaid expenses (3)	$	—	$	249
Due to related parties (4)	1,446		7,826

(1)Sales to related parties, included in Net sales, consist primarily of sales of feedstocks and services to CRRM under the Coffeyville MSA.

(2)Purchases from related parties, included in Cost of materials and other, Direct operating expenses (exclusive of depreciation and amortization), and Selling, general and administrative expenses, consist primarily of pet coke and hydrogen purchased from CRRM under the Coffeyville MSA.

(3)Prepaid expenses, included in Prepaid expenses and other current assets, are amounts paid for feedstocks and services provided by CRRM under the Coffeyville MSA.

(4)Due to related parties, included in Accounts payable to affiliates, Other current liabilities, and Other long-term liabilities, consist primarily of amounts payable for feedstocks and other supplies and services provided by CRRM and CVR Services under the Coffeyville MSA and Corporate MSA.

Environmental Agreement

Our Coffeyville Facility is a party to an environmental agreement with CRRM which provides for certain indemnification and access rights in connection with environmental matters affecting CVR Energy’s Coffeyville refinery and our Coffeyville Facility. To the extent that liability arises from environmental contamination that is caused by CRRM but is also commingled with environmental contamination caused by our Coffeyville Facility, CRRM may elect, in its sole discretion and at its own cost and expense, to perform government mandated environmental activities relating to such liability, subject to certain conditions and provided that CRRM will not waive any rights to indemnification or compensation otherwise provided for in the agreement. No liability under this agreement was recorded as of December 31, 2020 and 2019.

Terminal and Operating Agreement

Our Coffeyville Facility entered into a lease and operating agreement with Coffeyville Resources Terminal, LLC, an indirect wholly owned subsidiary of CVR Energy (“CRT”), under which it leases the premises located at Phillipsburg, Kansas to be utilized as a UAN terminal. The initial term of the agreement will expire in May 2032, provided, however, we may terminate the lease at any time during the initial term by providing 180 days prior written notice. In addition, this agreement will automatically renew for successive five-year terms, provided that we may terminate the agreement during any renewal term with at least 180 days written notice. We will pay CRT $1.00 per year for rent, $4.00 per ton of UAN placed into the terminal, and $4.00 per ton of UAN taken out of the terminal.

Property Exchange

On October 18, 2019, the Conflicts Committee of the Board and on October 22, 2019, the audit committee of CVR Energy, each agreed to authorize the exchange of certain parcels of property owned by subsidiaries of CVR Energy with an equal number of parcels owned by subsidiaries of CVR Partners, all located in Coffeyville, Kansas (the “Property Exchange”). On February 19, 2020, a subsidiary of CVR Energy and a subsidiary of CVR Partners executed the Property Exchange agreement. This Property Exchange will enable each such subsidiary to create a more usable, contiguous parcel of land near its own operating footprint. CVR Energy and the Partnership accounted for this transaction in accordance with the ASC Topic 805-50, Business Combinations (“ Topic 805-50”), guidance on transferring assets between entities under common control. This transaction had a net impact to the Partnership’s partners’ capital of less than $0.1 million.

Distributions to CVR Partners’ Unitholders

The Board has a policy for the Partnership to distribute all available cash generated on a quarterly basis. Cash distributions are made to the common unitholders of record on the applicable record date, generally within 60 days after the end of each quarter. Available cash for each quarter is determined by the Board following the end of such quarter.

Distributions, if any, including the payment, amount, and timing thereof, are subject to change at the discretion of the Board. There were no distributions declared or paid by the Partnership during the year ended December 31, 2020 related to the fourth quarter of 2019 or the first, second, and third quarters of 2020. No distributions were declared for the fourth quarter of 2020.

The Partnership paid distributions totaling $4.00 per common unit on a split-adjusted basis, or $45.3 million during the year ended December 31, 2019. Of these distributed amounts, CVR Energy received $15.6 million. During the year ended December 31, 2018, the Partnership did not pay distributions.

Supplemental Cash Flow Information

12 Months Ended

Dec. 31, 2020

Supplemental Cash Flow Elements [Abstract]

Supplemental Cash Flow Information

(10) Supplemental Cash Flow Information

Cash flows related to income taxes, interest, leases, and capital expenditures included in accounts payable are as follows:


	Year Ended December 31,
(in thousands)	2020		2019		2018
Supplemental disclosures:
Cash paid for income taxes, net of refunds	$	69	$	40	$	26
Cash paid for interest	59,850		60,057		60,168
Cash paid for amounts included in the measurement of lease liabilities (1):
Operating cash flows from operating leases	4,117		4,019
Operating cash flows from finance leases	6		20
Financing cash flows from finance leases	100		321
Non-cash investing and financing activities:
Change in capital expenditures included in accounts payable	$	(2,167)	$	1,618	$	(1,031)

(1)The lease standard was adopted on January 1, 2019 on a prospective basis. Therefore, only 2020 and 2019 are applicable to be included within the table above.

Summary of Significant Accounting Policies (Policies)

12 Months Ended

Dec. 31, 2020

Accounting Policies [Abstract]

Principles of Consolidation

Reclassifications

ReclassificationsCertain reclassifications have been made within the consolidated financial statements for the years ended December 31, 2019 and 2018 to conform with current presentation.

Use of Estimates

Cash and Cash Equivalents

Cash and Cash EquivalentsCash and cash equivalents include cash on hand and on deposit, investments in highly liquid money market accounts, and debt instruments with original maturities of three months or less.

Accounts Receivable, net

Allowances for doubtful accounts are generally recorded when it becomes probable the receivable will not be collected and is booked to bad debt expense.

Inventories

InventoriesInventories consist of fertilizer products which are valued at the lower of FIFO cost, or net realizable value. Inventories also include raw materials (primarily gauze, natural gas, and pet coke) and parts and supplies that are valued at the lower of moving-average cost, which approximates FIFO, or net realizable value. The cost of inventories includes inbound freight costs.

Property, Plant and Equipment, net


Asset						Range of Useful Lives, in Years
Land and improvements						10 to 30
Buildings and improvements						3 to 30
Automotive equipment						5 to 30
Machinery and equipment						2 to 30
Other						3 to 10

Property, plant and equipment, net consisted of the following:


	December 31,
(in thousands)	2020		2019
Machinery and equipment	$	1,388,735	$	1,378,651
Buildings and improvements	17,598		17,221
Automotive equipment	16,608		16,691
Land and improvements	14,132		14,075
Construction in progress	12,098		5,198
Other	1,721		1,752
	1,450,892		1,433,588
Less: Accumulated depreciation	553,045		481,629
Total Property, plant and equipment, net	$	897,847	$	951,959

Leases

Impairment of Long-Lived Assets

Impairment of Long-Lived Assets and GoodwillLong-lived assets used in operations are assessed for impairment whenever changes in facts and circumstances indicate a possible significant deterioration in future expected cash flows. If the sum of the undiscounted expected future cash flows of an asset group is less than the carrying value, including applicable liabilities, the carrying value is written down to its estimated fair value. Individual assets are grouped for impairment purposes based on a judgmental assessment of the lowest level for which there are identifiable cash flows that are largely independent of the cash flows of other assets (for example, at a fertilizer facility level).

Goodwill

Loss Contingencies

Environmental, Health & Safety (EHS) Matters

Revenue Recognition and Cost Classifications

Revenue Recognition

Other accounting policies relevant to revenue include:

•Revenue transactions that pass control at customers’ designated facilities;

•Non-monetary product exchanges which are entered into in the normal course of business are included on a net cost basis in operating expenses on the Consolidated Statements of Operations; and

•Pass-through finished goods delivery costs reimbursed by customers are reported in net sales, while an offsetting expense is included in cost of materials and other.

Other considerations - Excise and other taxes collected from customers and remitted to governmental authorities are excluded from reported revenues.

Cost Classifications

Share-Based Compensation

Share-Based CompensationThe Partnership accounts for share-based compensation in accordance with ASC Topic 718, Compensation — Stock Compensation (“ASC 718”). Currently, all of the Partnership’s share-based compensation awards are liability-classified and are measured at fair value at the end of each reporting period based on the applicable closing unit price. Compensation expense will fluctuate based on changes in the applicable unit price value and expense reversals resulting from employee terminations prior to award vesting.

Income Taxes

Allocation of Costs

Recent Accounting Pronouncements

Recent Accounting Pronouncements - Adoption of Credit Losses Standard

Recent Accounting Pronouncements - Adoption of Fair Value Measurement Standard

Recent Accounting Pronouncements - New Accounting Standards Issued But Not Yet Implemented

Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2020

Accounting Policies [Abstract]

Schedule of inventories

Inventories consisted of the following:


	December 31,
(in thousands)	2020		2019
Finished goods	$	9,815	$	17,612
Raw materials	152		243
Parts, supplies and other	32,382		30,441
Total Inventories	$	42,349	$	48,296

Schedule of lives used in computing depreciation for depreciable assets and components of property, plant and equipment, net

The lives used in computing depreciation for significant asset classes are as follows:


Asset						Range of Useful Lives, in Years
Land and improvements						10 to 30
Buildings and improvements						3 to 30
Automotive equipment						5 to 30
Machinery and equipment						2 to 30
Other						3 to 10

Property, plant and equipment, net consisted of the following:


	December 31,
(in thousands)	2020		2019
Machinery and equipment	$	1,388,735	$	1,378,651
Buildings and improvements	17,598		17,221
Automotive equipment	16,608		16,691
Land and improvements	14,132		14,075
Construction in progress	12,098		5,198
Other	1,721		1,752
	1,450,892		1,433,588
Less: Accumulated depreciation	553,045		481,629
Total Property, plant and equipment, net	$	897,847	$	951,959

Leases (Tables)

12 Months Ended

Dec. 31, 2020

Leases [Abstract]

Summary of right of use asset and lease liability balances for operating and finance leases

The following tables summarize the ROU asset and lease liability balances for the Partnership’s operating and finance leases at December 31, 2020 and 2019:


	December 31,
(in thousands)	2020		2019
Operating Leases:
ROU asset, net

Railcars	$	7,327	$	10,826
Real estate and other	3,040		2,581
Lease liability

Railcars	$	7,696	$	11,088
Real estate and other	867		228

Finance Leases:
ROU asset, net
Real estate and other	$	101	$	201
Lease liability
Real estate and other	$	105	$	205

Lease expense, terms, and discount rates

For the year ended December 31, 2020 and 2019, we recognized lease expense comprised of the following components:


	Year Ended December 31,
(in thousands)	2020		2019
Operating lease expense	$	4,113	$	3,122

Finance lease expense:
Amortization of ROU asset	$	101	$	322
Interest expense on lease liability	6		10

The following outlines the remaining lease terms and discount rates used in the measurement of the Partnership’s ROU assets and liabilities:


	Year Ended December 31,
	2020		2019
Weighted-average remaining lease term (years)
Operating Leases	2.9		3.4
Finance Leases	1.3		2.3
Weighted-average discount rate
Operating Leases	5.1	%	5.1	%
Finance Leases	4.0	%	3.9	%

Summary of remaining minimum lease payments for operating leases

The following summarizes the remaining minimum lease payments through maturity of the Partnership’s ROU assets and liabilities at December 31, 2020:


(in thousands)	Operating Leases		Finance Leases
2021	$	3,672	$	107
2022	3,236		—
2023	1,367		—
2024	684		—
2025	263		—
Thereafter	—		—
Total lease payments	9,222		107
Less: imputed interest	(659)		(2)
Total lease liability	$	8,563	$	105

Summary of remaining minimum lease payments for finance leases

The following summarizes the remaining minimum lease payments through maturity of the Partnership’s ROU assets and liabilities at December 31, 2020:


(in thousands)	Operating Leases		Finance Leases
2021	$	3,672	$	107
2022	3,236		—
2023	1,367		—
2024	684		—
2025	263		—
Thereafter	—		—
Total lease payments	9,222		107
Less: imputed interest	(659)		(2)
Total lease liability	$	8,563	$	105

Other Current Liabilities (Tables)

12 Months Ended

Dec. 31, 2020

Payables and Accruals [Abstract]

Other current liabilities

Other current liabilities were as follows:


	December 31,
(in thousands)	2020		2019
Personnel accruals	$	7,475	$	8,187
Operating lease liabilities	3,309		3,523
Accrued interest	2,506		2,518
Sales incentives	2,215		1,614
Share-based compensation	442		5,011
Prepaid revenue contracts	197		277
Other accrued expenses and liabilities	2,565		2,913
Total other current liabilities	$	18,709	$	24,043

Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2020

Debt Disclosure [Abstract]

Schedule of debt

Long-term debt consists of the following:


	December 31,
(in thousands)	2020		2019
9.25% Senior Secured Notes, due June 2023 (1)(2)	$	645,000	$	645,000
6.50% Senior Notes, due April 2021, net of current portion (3)	—		$	2,240
Unamortized discount and debt issuance costs (4)	(11,058)		(14,834)

Total long-term debt	633,942		632,406
Current portion of long-term debt (3)	2,240		—
Total long-term debt, including current portion	$	636,182	$	632,406

(3)The 6.50% Senior Notes, due April 2021, mature within 12 months, and, therefore, the outstanding balance of $2.2 million has been classified as short-term as of December 31, 2020.

Credit Agreements


(in thousands)	Total Capacity		Amount borrowed as of December 31, 2020		Outstanding Letters of Credit		Available capacity as of December 31, 2020		Maturity Date
ABL Credit Agreement (1)(2)	$	20,146	$	—	$	—	$	20,146	September 30, 2022

Schedule of redemption prices as percentage of principal amount


12-month period beginning June 15,						Percentage
2020						102.313%
2021 and thereafter						100%

Revenue (Tables)

12 Months Ended

Dec. 31, 2020

Revenue from Contract with Customer [Abstract]

Disaggregation of revenue

The following table presents the Partnership’s revenue, disaggregated by major product:


	Year Ended December 31,
(in thousands)	2020		2019		2018
Ammonia	$	94,117	$	94,467	$	66,254
UAN	198,258		251,199		222,329
Urea products	14,115		17,430		20,633
Net sales, exclusive of freight and other	306,490		363,096		309,216
Freight revenue	33,329		33,436		33,567
Other revenue	10,134		7,645		8,299
Net sales	$	349,953	$	404,177	$	351,082

Summary of deferred revenue activity

A summary of the deferred revenue activity during the year ended December 31, 2020 is presented below:


(in thousands)
Balance at December 31, 2019	$	27,841
Add:
New prepay contracts entered into during the period (1)	56,490
Less:
Revenue recognized that was included in the contract liability balance at the beginning of the period	(27,060)
Revenue recognized related to contracts entered into during the period	(26,141)
Other changes	(499)
Balance at December 31, 2020	$	30,631

(1)Includes $33.4 million where payment associated with prepaid contracts was collected.

Share-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2020

Share-based Payment Arrangement [Abstract]

Summary of the phantom unit award activity and changes under the LTIP

A summary of phantom unit award activity and changes under the LTIP during the year ended December 31, 2020 is presented below:


(in thousands, except per unit data)	Units	Weighted- Average Grant Date Fair Value		Aggregate Intrinsic Value




Non-vested at December 31, 2019	155,707	$	30.71	$	4,827
Granted	444,385	12.12
Vested	(62,594)	31.31
Forfeited	(18,617)	31.23
Non-vested at December 31, 2020	518,881	$	14.70	$	8,312

Commitments (Tables)

12 Months Ended

Dec. 31, 2020

Commitments and Contingencies Disclosure [Abstract]

Schedule of minimum required payments for unconditional purchase obligations

The minimum required payments for unconditional purchase obligations, including the natural gas purchases outlined below, are as follows:


(in thousands)	Unconditional Purchase Obligations
Year Ending December 31,
2021	$	36,132
2022	11,207
2023	9,540
2024	5,006
2025	5,006
Thereafter	33,244
	$	100,135

Related Party Transactions (Tables)

12 Months Ended

Dec. 31, 2020

Schedule of related party transactions

Activity associated with the Partnership’s related party arrangements for the years ended December 31, 2020, 2019, and 2018 is summarized below:


	Year Ended December 31,
(in thousands)	2020		2019		2018
Sales to related parties (1)	$	993	$	119	$	371
Purchases from related parties (2)	22,365		30,876		27,315


	December 31,
	2020		2019
Prepaid expenses (3)	$	—	$	249
Due to related parties (4)	1,446		7,826

(1)Sales to related parties, included in Net sales, consist primarily of sales of feedstocks and services to CRRM under the Coffeyville MSA.

(3)Prepaid expenses, included in Prepaid expenses and other current assets, are amounts paid for feedstocks and services provided by CRRM under the Coffeyville MSA.

Supplemental Cash Flow Information (Tables)

12 Months Ended

Dec. 31, 2020

Supplemental Cash Flow Elements [Abstract]

Schedule of supplemental cash flow information

Cash flows related to income taxes, interest, leases, and capital expenditures included in accounts payable are as follows:


	Year Ended December 31,
(in thousands)	2020		2019		2018
Supplemental disclosures:
Cash paid for income taxes, net of refunds	$	69	$	40	$	26
Cash paid for interest	59,850		60,057		60,168
Cash paid for amounts included in the measurement of lease liabilities (1):
Operating cash flows from operating leases	4,117		4,019
Operating cash flows from finance leases	6		20
Financing cash flows from finance leases	100		321
Non-cash investing and financing activities:
Change in capital expenditures included in accounts payable	$	(2,167)	$	1,618	$	(1,031)

(1)The lease standard was adopted on January 1, 2019 on a prospective basis. Therefore, only 2020 and 2019 are applicable to be included within the table above.

Organization and Nature of Business (Details)		12 Months Ended
Organization and Nature of Business (Details)	Nov. 23, 2020 shares	Dec. 31, 2020 USD ($) manufacturing_facility $ / shares shares	Dec. 31, 2019 shares	Feb. 22, 2021 USD ($)	Nov. 22, 2020 shares	May 06, 2020 USD ($)
Formation of the Partnership, Organization and Nature of Business
Number of manufacturing facilities \| manufacturing_facility		2
Reverse Unit Split, conversion ratio	0.1
Common units outstanding (in units) \| shares	11,000,000	10,705,710	11,328,297		111,000,000
Percentage of limited partner interest held by the public		64.00%	64.00%
Unit Repurchase Program, authorized amount						$ 10,000,000
Common units repurchased on open market (in units) \| shares		623,177
Cost, inclusive of transaction costs, of repurchase of outstanding common units		$ 7,100,000
Average price per common unit (in dollars per unit) \| $ / shares		$ 11.35
Amount remaining in authority under Unit Repurchase Program		$ 2,900,000
Subsequent Event
Formation of the Partnership, Organization and Nature of Business
Unit Repurchase Program, authorized amount				$ 10,000,000
CVR Energy, Inc \| IEP Energy LLC
Formation of the Partnership, Organization and Nature of Business
Aggregate ownership percentage		71.00%
CVR Partners \| CVR Service
Formation of the Partnership, Organization and Nature of Business
Limited partner interest		36.00%
CVR Partners \| CVR GP
Formation of the Partnership, Organization and Nature of Business
General partner interest		100.00%

Summary of Significant Accounting Policies - Reclassifications (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Mar. 31, 2020	Dec. 31, 2019
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Reclassification from inventories	$ (42,349)		$ (48,296)
Reclassification to other long-term assets	$ 16,819		$ 20,067
Reclassification Adjustment \| Catalyst Inventory
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Reclassification from inventories		$ 5,600
Reclassification to other long-term assets		$ 5,600

Summary of Significant Accounting Policies - Accounts Receivable, net and Inventories (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Accounts, Notes, Loans and Financing Receivable [Line Items]
Bad debt expense	$ 100	$ 100
Recovery recognized related to bad debt expense previously written off			$ 1,100
Inventory, Net [Abstract]
Finished goods	9,815	17,612
Raw materials	152	243
Parts, supplies and other	32,382	30,441
Total Inventories	42,349	48,296
Inventory depreciation	$ 2,000	$ 4,500
Accounts receivable \| Customer concentration
Accounts, Notes, Loans and Financing Receivable [Line Items]
Percentage of concentration risk	20.00%	18.00%

Summary of Significant Accounting Policies - Property, Plant and Equipment, net and Impairment of Long-Lived Assets (Details)	3 Months Ended	12 Months Ended
	Jun. 30, 2020 USD ($) product	Dec. 31, 2020 USD ($)	Dec. 31, 2019 USD ($)	Dec. 31, 2018 USD ($)
Property, Plant, and Equipment
Gross property, plant and equipment		$ 1,450,892,000	$ 1,433,588,000
Less: Accumulated depreciation		553,045,000	481,629,000
Total Property, plant and equipment, net		897,847,000	951,959,000
Goodwill [Line Items]
Goodwill		0	40,969,000
Goodwill impairment	$ 41,000,000.0	40,969,000	0	$ 0
Approximate percentage by which fair value of Coffeyville reporting unit exceeded carrying value				36.00%
Coffeyville Facility
Goodwill [Line Items]
Goodwill			41,000,000.0
Number of primary products that experienced significant pricing declines \| product	2
Machinery and equipment
Property, Plant, and Equipment
Gross property, plant and equipment		$ 1,388,735,000	1,378,651,000
Machinery and equipment \| Minimum
Property, Plant, and Equipment
Useful life (in years)		2 years
Machinery and equipment \| Maximum
Property, Plant, and Equipment
Useful life (in years)		30 years
Buildings and improvements
Property, Plant, and Equipment
Gross property, plant and equipment		$ 17,598,000	17,221,000
Buildings and improvements \| Minimum
Property, Plant, and Equipment
Useful life (in years)		3 years
Buildings and improvements \| Maximum
Property, Plant, and Equipment
Useful life (in years)		30 years
Automotive equipment
Property, Plant, and Equipment
Gross property, plant and equipment		$ 16,608,000	16,691,000
Automotive equipment \| Minimum
Property, Plant, and Equipment
Useful life (in years)		5 years
Automotive equipment \| Maximum
Property, Plant, and Equipment
Useful life (in years)		30 years
Land and improvements
Property, Plant, and Equipment
Gross property, plant and equipment		$ 14,132,000	14,075,000
Land and improvements \| Minimum
Property, Plant, and Equipment
Useful life (in years)		10 years
Land and improvements \| Maximum
Property, Plant, and Equipment
Useful life (in years)		30 years
Construction in progress
Property, Plant, and Equipment
Gross property, plant and equipment		$ 12,098,000	5,198,000
Other
Property, Plant, and Equipment
Gross property, plant and equipment		$ 1,721,000	$ 1,752,000
Other \| Minimum
Property, Plant, and Equipment
Useful life (in years)		3 years
Other \| Maximum
Property, Plant, and Equipment
Useful life (in years)		10 years

Summary of Significant Accounting Policies - Environmental Matters (Details) - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Environmental Matters
Liabilities recognized for environmental remediation matters	$ 0	$ 0

Leases - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Jul. 31, 2020
Lessee, Lease, Description [Line Items]
Short-term lease expense	$ 0.4	$ 0.4
Minimum
Lessee, Lease, Description [Line Items]
Renewal term	1 year
Financing lease not yet commenced, amount expected to be capitalized at commencement			$ 20.0
Maximum
Lessee, Lease, Description [Line Items]
Renewal term	20 years
Financing lease not yet commenced, amount expected to be capitalized at commencement			$ 25.0

Leases - Balance Sheet Summary (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Operating Leases:
Lease liability	$ 8,563
Finance Leases:
Lease liability	105
Railcars
Operating Leases:
ROU asset, net	7,327	$ 10,826
Lease liability	7,696	11,088
Real estate and other
Operating Leases:
ROU asset, net	3,040	2,581
Lease liability	867	228
Finance Leases:
ROU asset, net	101	201
Lease liability	$ 105	$ 205

Leases - Lease Expense (Details) - USD ($) $ in Thousands	12 Months Ended
Leases - Lease Expense (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Leases [Abstract]
Operating lease expense	$ 4,113	$ 3,122
Finance lease expense:
Amortization of ROU asset	101	322
Interest expense on lease liability	$ 6	$ 10

Leases - Lease Terms and Discount Rates (Details)	Dec. 31, 2020	Dec. 31, 2019
Weighted-average remaining lease term (years)
Operating Leases	2 years 10 months 24 days	3 years 4 months 24 days
Finance Leases	1 year 3 months 18 days	2 years 3 months 18 days
Weighted-average discount rate
Operating Leases	5.10%	5.10%
Finance Leases	4.00%	3.90%

Leases - Remaining Minimum Lease Payments (Details) $ in Thousands	Dec. 31, 2020 USD ($)
Operating Leases
2021	$ 3,672
2022	3,236
2023	1,367
2024	684
2025	263
Thereafter	0
Total lease payments	9,222
Less: imputed interest	(659)
Total lease liability	8,563
Finance Leases
2021	107
2022	0
2023	0
2024	0
2025	0
Thereafter	0
Total lease payments	107
Less: imputed interest	(2)
Total lease liability	$ 105

Other Current Liabilities (Details) - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Payables and Accruals [Abstract]
Personnel accruals	$ 7,475,000	$ 8,187,000
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List]	us-gaap:OtherLiabilitiesCurrent	us-gaap:OtherLiabilitiesCurrent
Operating lease liabilities	$ 3,309,000	$ 3,523,000
Accrued interest	2,506,000	2,518,000
Sales incentives	2,215,000	1,614,000
Share-based compensation	442,000	5,011,000
Prepaid revenue contracts	197,000	277,000
Other accrued expenses and liabilities	2,565,000	2,913,000
Total other current liabilities	18,709,000	24,043,000
Affiliate balances	$ 0	$ 5,400,000

Long-Term Debt - Summary of Debt (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Jun. 10, 2016
Debt Instrument [Line Items]
Unamortized discount and debt issuance costs	$ (11,058)	$ (14,834)
Total long-term debt	633,942	632,406
Current portion of long-term debt	2,240	0
Total long-term debt, including current portion	636,182	632,406
Amortization of deferred financing costs and original issue discount	4,049	3,666	$ 3,333
Level 2
Debt Instrument [Line Items]
Estimated fair value of total long-term debt outstanding	645,700	673,800
Senior Notes
Debt Instrument [Line Items]
Amortization of deferred financing costs and original issue discount	3,800	3,400	$ 3,100
Senior Notes \| 9.25% Senior Secured Notes due June 2023
Debt Instrument [Line Items]
Total long-term debt, net of current portion, before debt issuance costs and discount	$ 645,000	645,000
Debt instrument, percentage rate	9.25%			9.25%
Unamortized debt discount	$ 16,100
Debt issuance costs	9,400
Senior Notes \| 6.50% Senior Notes due April 2021, net of current portion
Debt Instrument [Line Items]
Total long-term debt, net of current portion, before debt issuance costs and discount	0	$ 2,240
Current portion of long-term debt	$ 2,200
Debt instrument, percentage rate	6.50%

Long-Term Debt - Credit Agreements (Details) - Line of Credit - Revolving credit facility - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Sep. 29, 2020
ABL Credit Agreement
Line of Credit Facility [Line Items]
Total Capacity	$ 20,146,000			$ 35,000,000
Amount Borrowed	0
Outstanding Letters of Credit	0
Available Capacity	20,146,000
Deferred financing costs				$ 400,000
Amortization expense	$ 200,000	$ 200,000	$ 200,000
ABL Credit Agreement, Through December 31, 2020 \| Base Rate
Line of Credit Facility [Line Items]
Basis spread on variable rate (as a percent)	1.00%
ABL Credit Agreement, After December 31, 2020 \| Base Rate \| Quarterly Excess Availability Greater Than 50%
Line of Credit Facility [Line Items]
Basis spread on variable rate (as a percent)	1.00%
ABL Credit Agreement, After December 31, 2020 \| Base Rate \| Quarterly Excess Availability Not Greater Than 50%
Line of Credit Facility [Line Items]
Basis spread on variable rate (as a percent)	1.50%

Long-Term Debt - Additional Information (Details) - USD ($)	Dec. 31, 2020	Sep. 29, 2020	Jun. 10, 2016
Senior Notes \| 2023 Notes
Debt Instrument [Line Items]
Debt instrument face amount			$ 645,000,000
Debt instrument, percentage rate	9.25%		9.25%
Minimum percentage of notes held in order to cause acceleration of notes upon occurrence of events of default			25.00%
Senior Notes \| 2021 Notes
Debt Instrument [Line Items]
Debt instrument, percentage rate	6.50%
Line of Credit \| ABL Credit Agreement \| Revolving credit facility
Debt Instrument [Line Items]
Debt instrument face amount		$ 35,000,000
Available increase in borrowing limit		$ 25,000,000

Long-Term Debt - Redemption Price (Details) - Senior Notes - 2023 Notes	12 Months Ended
	Dec. 31, 2020
12-Month Period Beginning June 15, 2020
Debt Instrument, Redemption [Line Items]
Redemption prices as percentage of principal amount	102.313%
12-Month Period Beginning June 15, 2021 and thereafter
Debt Instrument, Redemption [Line Items]
Redemption prices as percentage of principal amount	100.00%

Revenue - Revenue Disaggregated by Product (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Disaggregation of Revenue [Line Items]
Net sales	$ 349,953	$ 404,177	$ 351,082
Net sales, exclusive of freight and other
Disaggregation of Revenue [Line Items]
Net sales	306,490	363,096	309,216
Ammonia
Disaggregation of Revenue [Line Items]
Net sales	94,117	94,467	66,254
UAN
Disaggregation of Revenue [Line Items]
Net sales	198,258	251,199	222,329
Urea products
Disaggregation of Revenue [Line Items]
Net sales	14,115	17,430	20,633
Freight revenue
Disaggregation of Revenue [Line Items]
Net sales	33,329	33,436	33,567
Other revenue
Disaggregation of Revenue [Line Items]
Net sales	$ 10,134	$ 7,645	$ 8,299

- Definition

Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9031-108599

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9038-108599

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 4
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130543-203045

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 42
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9054-108599

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130545-203045

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 924
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 11.L)
-URI http://asc.fasb.org/extlink&oid=6472922&loc=d3e499488-122856

+ Details

Revenue - Additional Information (Details)	12 Months Ended
Revenue - Additional Information (Details)	Dec. 31, 2020
Minimum
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Payment terms	15 days
Maximum
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Payment terms	30 days

Revenue - Remaining performance obligations (Details) $ in Millions	Dec. 31, 2020 USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 6.1
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2021-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 3.5
Remaining performance obligation, expected timing of satisfaction, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 2.3
Remaining performance obligation, expected timing of satisfaction, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 0.3
Remaining performance obligation, expected timing of satisfaction, period

Revenue - Summary of Deferred Revenue Activity (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2020 USD ($)
Change in Contract with Customer, Liability [Roll Forward]
Balance at beginning of period	$ 27,841
Add:
New prepay contracts entered into during the period	56,490
Less:
Revenue recognized that was included in the contract liability balance at the beginning of the period	(27,060)
Revenue recognized related to contracts entered into during the period	(26,141)
Other changes	(499)
Balance at end of period	30,631
Prepaid contracts where payment was collected	$ 33,400

Revenue - Sales to Major Customers (Details)	12 Months Ended
Revenue - Sales to Major Customers (Details)	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Total Net Sales \| Customer concentration \| Two Customers
Major Customers and Suppliers
Concentration risk	26.00%	28.00%	20.00%

Share-Based Compensation - Schedule of Phantom Unit Award Activity (Details) - CVR Partners LTIP - Phantom Unit Awards - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Units
Non-vested at the beginning of the period (in units)	155,707
Granted (in units)	444,385
Vested (in units)	(62,594)
Forfeited (in units)	(18,617)
Non-vested at the end of the period (in units)	518,881
Weighted- Average Grant Date Fair Value
Non-vested at the beginning of the period (in dollars per unit)	$ 30.71
Granted (in dollars per unit)	12.12
Vested (in dollars per unit)	31.31
Forfeited (in dollars per unit)	31.23
Non-vested at the end of the period (in dollars per unit)	$ 14.70
Aggregate Intrinsic Value	$ 8,312	$ 4,827

Share-Based Compensation - Additional Information (Details)		12 Months Ended
	Nov. 01, 2017 USD ($) trading_day $ / shares	Dec. 31, 2020 USD ($) plan	Dec. 31, 2019 USD ($)	Dec. 31, 2018 USD ($)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Liabilities for unvested awards related to employees		$ 442,000	$ 5,011,000
Outstanding liability		$ 7,475,000	8,187,000
Number of plans \| plan		2
Employer match of employee contribution of the first 6% of the participant's contribution		100.00%
Percentage of eligible compensation, matched by employer		6.00%
Vesting schedule for employer's matching funds		3 years
Matching contributions made during the year		$ 1,900,000	1,800,000	$ 1,800,000
Phantom Unit Awards \| CVR Partners LTIP
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation expense		$ 7,400,000
Weighted-average period for amortization of unrecognized compensation cost		2 years 9 months 18 days
Compensation expense		$ 600,000	2,300,000	1,900,000
Liabilities for unvested awards related to employees		900,000	1,200,000
Amount paid to settle liability-classified awards upon vesting		800,000	1,700,000	1,700,000
Incentive Unit Awards \| CVR Energy, Inc
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense		400,000	1,000,000.0	500,000
Liabilities for unvested awards related to employees		0	1,400,000
Share-based liabilities paid		2,200,000	0	800,000
Performance Unit Awards \| 2017 Performance Unit Award Agreement \| CVR Energy, Inc \| Executive Chairman
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation expense		2,300,000
Compensation expense		0	0	$ 400,000
Maximum cash payment	$ 10,000,000.0
Period for determination of cash payment value \| trading_day	30
Maximum price per share to trigger maximum cash payment (in dollars per unit) \| $ / shares	$ 60
Outstanding liability		$ 0	$ 400,000

Commitments - Minimum Required Payments (Details) $ in Thousands	Dec. 31, 2020 USD ($)
Unconditional Purchase Obligations
2021	$ 36,132
2022	11,207
2023	9,540
2024	5,006
2025	5,006
Thereafter	33,244
Unconditional Purchase Obligations	$ 100,135

Commitments - Additional Information (Details) T in Thousands, $ in Millions	12 Months Ended
	Dec. 31, 2020 USD ($) T $ / T	Dec. 31, 2019 USD ($)	Dec. 31, 2018 USD ($)
Pet Coke Purchase Agreement
Long-term Purchase Commitment [Line Items]
Expenses related to agreement \| $	$ 17.9	$ 10.3	$ 4.8
Utility Service Agreement
Long-term Purchase Commitment [Line Items]
Expenses related to agreement \| $		3.7	10.6
The Coffeyville Facility \| Messer Agreement
Long-term Purchase Commitment [Line Items]
Initial term of agreement	15 years
Expenses related to agreement \| $	$ 4.2	4.2	3.8
Natural Gas
Long-term Purchase Commitment [Line Items]
Cost of materials and other and direct operating expenses (exclusive of depreciation and amortization) \| $	$ 32.4	$ 33.1	$ 42.4
Petroleum coke \| Pet Coke Purchase Agreement
Long-term Purchase Commitment [Line Items]
Number of tons of pet coke agreed to purchase at fixed price through end of term \| T	275
Petroleum coke \| The Coffeyville Facility \| Coffeyville MSA \| CRRM
Long-term Purchase Commitment [Line Items]
Average percentage of pet coke obtained during the last five years	60.00%
Period for which average percentage of product obtained	5 years
Average percentage of pet coke obtained during the current year	33.00%
Rate petroleum coke price used to determine urea ammonium nitrate based price (in dollars per ton)	25
UAN-based netback price, exclusive of transportation cost, under the related party agreement (in dollars per ton)	205
Pet coke price adjustment for every $1.00 change in the UAN netback price, exclusive of transportation cost, used to calculate the UAN-based price under the related party agreement (in dollars per ton)	0.50
UAN-based netback price change, exclusive of transportation cost, under the related party agreement (in dollars per ton)	1.00
Petroleum coke \| The Coffeyville Facility \| Coffeyville MSA \| Minimum \| CRRM
Long-term Purchase Commitment [Line Items]
Rate petroleum coke price used to determine urea ammonium nitrate based price (in dollars per ton)	40
Petroleum coke \| The Coffeyville Facility \| Coffeyville MSA \| Maximum \| CRRM
Long-term Purchase Commitment [Line Items]
Rate petroleum coke price used to determine urea ammonium nitrate based price (in dollars per ton)	5

Related Party Transactions - Coffeyville MSA (Details) - The Coffeyville Facility		12 Months Ended
	Jan. 01, 2020 T Mcf	Dec. 31, 2020
Hydrogen Purchase and Sale Agreement \| CRRM \| Hydrogen
Related Party Transaction [Line Items]
Monthly production volume of product to be delivered (in mscf) \| Mcf	90,000
Raw Water and Facilities Sharing \| CRNF
Related Party Transaction [Line Items]
Percentage interest in water rights		50.00%
Raw Water and Facilities Sharing \| CRRM
Related Party Transaction [Line Items]
Percentage interest in water rights		50.00%
Coke Supply Agreement \| CRRM \| Petroleum coke
Related Party Transaction [Line Items]
Percentage of annual production of pet coke to be delivered	100.00%
Annual production of pet coke (in tons)	500,000
Coke Supply Agreement \| CRRM \| Petroleum coke \| Minimum
Related Party Transaction [Line Items]
Monthly production volume of product which allows for the purchasing party the option to purchase any excess at rates stated in the agreement (in tons)	41,667

Related Party Transactions - Corporate MSA (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Corporate MSA
Related Party Transaction [Line Items]
Personnel costs	$ 6.6	$ 7.3	$ 6.6

Related Party Transactions - Related Party Activity (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Related Party Transactions [Abstract]
Sales to related parties	$ 993	$ 119	$ 371
Purchases from related parties	22,365	30,876	$ 27,315
Related Party Transaction [Line Items]
Prepaid expenses	8,410	5,406
Due (from) to related parties	1,446	7,826
Related Parties
Related Party Transaction [Line Items]
Prepaid expenses	$ 0	$ 249

Related Party Transactions - Environmental Agreement (Details) - USD ($)	Dec. 31, 2020	Dec. 31, 2019
The Coffeyville Facility \| Environmental Agreement \| CRRM
Related Party Transaction [Line Items]
Liability recorded under agreement	$ 0	$ 0

Related Party Transactions - Terminal and Operating Agreement (Details) - CRT - Terminal and Operating Agreement - The Coffeyville Facility	12 Months Ended
	Dec. 31, 2020 USD ($) $ / T
Related Party Transaction [Line Items]
Prior written notice required to terminate initial lease term	180 days
Automatic renewal of agreement, term of each successive renewal	5 years
Prior written notice required to terminate renewal lease term	180 days
Amount required to pay per year for rent \| $	$ 1.00
Amount required to pay per ton of UAN placed into the terminal (in dollars per ton)	4.00
Amount required to pay per ton of UAN taken out of the terminal (in dollars per ton)	4.00

Related Party Transactions - Property Exchange (Details) $ in Millions	Feb. 19, 2020 USD ($)
Property Exchange
Related Party Transaction [Line Items]
Property exchange, net impact on partners' capital (less than)	$ 0.1

Related Party Transactions - Distributions Paid (Details) - USD ($)	3 Months Ended	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Distribution Made to Limited Partner [Line Items]
Distributions declared	$ 0	$ 0
Distributions paid		$ 0	$ 45,300,000	$ 0
Distributions paid per common unit (in dollars per unit)			$ 4.00
CVR Energy
Distribution Made to Limited Partner [Line Items]
Distributions paid			$ 15,600,000

Supplemental Cash Flow Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Supplemental disclosures:
Cash paid for income taxes, net of refunds	$ 69	$ 40	$ 26
Cash paid for interest	59,850	60,057	60,168
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	4,117	4,019
Operating cash flows from finance leases	6	20
Financing cash flows from finance leases	100	321
Non-cash investing and financing activities:
Change in capital expenditures included in accounts payable	$ (2,167)	$ 1,618	$ (1,031)