Equity-method investments

12 Months Ended

Sep. 30, 2013

Proportionately Consolidated Equity Method Investments [Abstract]

Equity-Method Investments

(8) Equity-method Investments

EXCO/HGI JV

The following tables present summarized consolidated financial information of HGI’s proportionately consolidated equity investment in the EXCO/HGI JV, for the period subsequent to HGI’s acquisition of the equity interest on February 14, 2013.

	September 30, 2013
Assets
Total current assets	$	54.4
Oil and natural gas properties, net	741.5
Other assets	32.7
Total assets	$	828.6
Liabilities and members’ equity
Total current liabilities	$	44.9
Total long-term liabilities	397.3
Total members’ equity	386.4
Total liabilities and members’ equity	$	828.6

	Year Ended
	September 30, 2013
Revenues	$	121.1
Costs and Expenses
Oil and natural gas direct operating costs	59.0
Selling, acquisition, operating and general expenses	49.5
Impairment of proved oil and natural gas properties	72.8
Total costs and expenses	181.3
Operating loss	(60.2		)
Other expense, net	(8.0		)
Net loss	$	(68.2	)