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Derivatives and Hedging Disclosures and Fair Value Measurements (Tables)
12 Months Ended
Sep. 30, 2012
Derivative Instruments And Hedging Activities Disclosure [Abstract]  
Partnership's financial assets and liabilities measured at fair value on a recurring basis
                                     
(In thousands)              Fair Value Measurements at Reporting Date Using:  
Derivatives Not Designated as Hedging             Quoted Prices in
Active Markets for
Identical Assets
    Significant Other
Observable Inputs
    Significant
Unobservable
Inputs
 

Instruments Under FASB ASC 815-10

 

Balance Sheet Location

  Total     Level 1     Level 2     Level 3  

Asset Derivatives at September 30, 2012

 

Commodity contracts

 

Fair asset and fair liability value of derivative instruments

  $ 15,100     $ 1,749     $ 13,351     $ —    
       

 

 

   

 

 

   

 

 

   

 

 

 

Commodity contract assets at September 30, 2012

  $ 15,100     $ 1,749     $ 13,351     $ —    
       

 

 

   

 

 

   

 

 

   

 

 

 
 

Liability Derivatives at September 30, 2012

 

Commodity contracts

 

Fair liability and fair asset value of derivative instruments

  $ (10,549   $ (1,898   $ (8,651   $ —    
       

 

 

   

 

 

   

 

 

   

 

 

 

Commodity contract liabilities at September 30, 2012

  $ (10,549   $ (1,898   $ (8,651   $ —    
       

 

 

   

 

 

   

 

 

   

 

 

 
 

Asset Derivatives at September 30, 2011

 

Commodity contracts

 

Fair asset and fair liability value of derivative instruments

  $ 41,531     $ 550     $ 40,981     $ —    

Commodity contracts

 

Long-term derivative assets included in the deferred charges and other assets, net balance

    257       171       86       —    
       

 

 

   

 

 

   

 

 

   

 

 

 

Commodity contract assets at September 30, 2011

  $ 41,788     $ 721     $ 41,067     $ —    
       

 

 

   

 

 

   

 

 

   

 

 

 
 

Liability Derivatives at September 30, 2011

 

Commodity contracts

 

Fair liability and fair asset value of derivative instruments

  $ (41,179   $ (602   $ (40,577   $ —    

Commodity contracts

 

Long-term derivative liabilities netted with the deferred charges and other assets, net balance

    (96     (25     (71     —    
       

 

 

   

 

 

   

 

 

   

 

 

 

Commodity contract liabilities at September 30, 2011

  $ (41,275   $ (627   $ (40,648   $ —    
       

 

 

   

 

 

   

 

 

   

 

 

 

 

                             

(In thousands)

 
 

The Effect of Derivative Instruments on the Statement of Operations

 
        Amount of (Gain) or Loss Recognized
Years Ended September 30,
 

Derivatives Not Designated

as Hedging Instruments

Under FASB ASC 815-10

 

Location of (Gain) or Loss

Recognized in Income on Derivative

  2012     2011     2010  

Commodity contracts

 

Cost of product (a)

  $ 18,636     $ (9,089   $ 24,412  

Commodity contracts

 

Cost of installations and service (a)

  $ (284   $ (1,030   $ (958

Commodity contracts

 

Delivery and branch expenses (a)

  $ (82   $ (740   $ (512

Commodity contracts

 

(Increase) / decrease in the fair value of derivative instruments

  $ (8,549   $ 2,567     $ (5,622

 

(a) Represents realized closed positions and includes the cost of options as they expire.