Blueknight Energy Partners, L.P. announced that the board of directors of its general partner has declared quarterly cash distributions of $0.1265 per common unit, a 3.3% increase over the previous quarter's distribution and a 10.0% increase over the fourth quarter of 2012's distribution, and $0.17875 per preferred unit payable on February 14, 2014 on all outstanding common and preferred units to unitholders of record as of the close of business on February 4, 2014.