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Equity Investees
9 Months Ended
Sep. 30, 2011
Equity Investees [Abstract] 
Equity Investees

5. Equity Investees

We are accounting for our 50% ownership in Cameron Highway Oil Pipeline Company ("Cameron Highway") under the equity method of accounting.

The following table reflects summarized income statement information for Cameron Highway for only the three and nine months ended September 30, 2011 as we did not acquire our 50% equity interest in Cameron Highway until November 23, 2010.

 

      Three Months
Ended
September 30, 2011
     Nine Months
Ended
September 30, 2011
 

Revenues

   $ 7,975       $ 32,819   

Operating Income

   $ 576       $ 11,768   

Net Income

   $ 576       $ 11,778   

We received cash distributions from Cameron Highway of $2.8 million and $13.8 million for the three and nine months ended September 30, 2011, respectively

Net income from Cameron Highway was reduced in the third quarter of 2011 as a result of lower throughput volumes by certain producers due to their field improvement activities.