Investment In BBEP (Tables)

9 Months Ended

Sep. 30, 2011

Investment In BBEP [Abstract]

Changes In Balance Of Investment In BBEP

(In thousands)
Balance at December 31, 2010	$	83,341
Equity loss in BBEP		(32,721	)
Distributions from BBEP		(16,344	)
BBEP Units sold		(12,551	)
Ending investment balance	$	21,725

Operations Statement

	For the Three Months Ended				For the Nine Months Ended
	June 30,				June 30,
	2011		2010		2011			2010
	(In thousands)				(In thousands)
Revenue (1)	$	142,368	$	134,216	$	147,829		$	305,645
Operating expense		72,929		73,621		226,349			216,170
Operating income (loss)		69,439		60,595		(78,520	)		89,475
Interest and other (2)		11,300		6,437		30,363			18,130
Income tax expense (benefit)		616		561		(825	)		(469	)
Noncontrolling interests		68		28		137			118
Net income (loss) available to BBEP	$	57,455	$	53,569	$	(108,195	)	$	71,696

(1)	For the three months ended June 30, 2011 and 2010, unrealized gains of $48.2 million and $33.2 million on commodity derivatives were recognized, respectively.  For the nine months ended June 30, 2011 and 2010, unrealized losses of $146.7 million and unrealized gains of $18.4 million on commodity derivatives were recognized, respectively.
(2)	The three months ended June 30, 2011 and 2010 included unrealized losses of $2.1 million and unrealized gains of $1.5 million, respectively, from interest rate swaps.  The nine months ended June 30, 2011 and 2010 included unrealized gains of $2.4 million and $3.9 million, respectively, from interest rate swaps.

Financial Statement

	As of		As of
	June 30, 2011		December 31, 2010
	(In thousands)
Current assets	$	120,781	$	130,017
Property, plant and equipment		1,712,096		1,722,295
Other assets		46,255		77,855
Current liabilities		103,103		101,317
Long-term debt		427,364		528,116
Other non-current liabilities		116,600		91,477
Total equity		1,232,065		1,209,257