XML 71 R94.htm IDEA: XBRL DOCUMENT v2.4.0.8
Income Tax (Details) (USD $)
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Current income tax (benefit) expense:      
Federal $ (11,078,000) $ (2,964,000) $ 15,039,000
State (130,000) 598,000 2,539,000
Total current (11,208,000) (2,366,000) 17,578,000
Deferred income tax expense (benefit):      
Federal 24,382,000 38,531,000 (4,732,000)
State (505,000) 2,163,000 803,000
Total deferred 23,877,000 40,694,000 (3,929,000)
Total provision for income tax 12,669,000 38,328,000 13,649,000
Income Tax      
Income before provision for income tax 53,114,000 255,293,000 118,449,000
Federal statutory income tax rate (as a percent) 35.00% 35.00% 35.00%
Federal income tax at statutory rate 10,901,000 25,967,000 1,335,000
Permanent items 40,000 28,000 36,000
State income taxes, net of federal benefit (690,000) 2,377,000 2,844,000
Current year change in valuation allowance   (5,000) (64,000)
Prior period adjustments and tax rate changes (147,000) (2,517,000) 163,000
Provision on income from Class A units 2,617,000 12,412,000 9,323,000
Other (52,000) 66,000 12,000
Total provision for income tax 12,669,000 38,328,000 13,649,000
Oldest open tax year 2009    
Liability for uncertain tax positions 0 0 0
Current deferred tax assets:      
Accruals and reserves 221,000 98,000  
Derivative instruments 4,845,000 5,183,000  
Net operating loss carryforward 18,134,000    
Capital loss carryforward 904,000    
State tax credit 74,000    
Current deferred tax assets 24,178,000 5,281,000  
Valuation allowance (978,000)    
Deferred income taxes 23,200,000 5,281,000  
Long-term deferred tax assets:      
Accruals and reserves 329,000 113,000  
Derivative instruments 10,102,000 9,915,000  
Phantom unit compensation 3,328,000 2,624,000  
Capital loss carryforward   904,000  
Net operating loss carryforward 9,283,000 1,000  
Long-term deferred tax assets 23,042,000 13,557,000  
Valuation allowance   (904,000)  
Net long-term deferred tax assets 23,042,000 12,653,000  
Long-term deferred tax liabilities:      
Property, plant and equipment and intangibles (4,755,000) (3,861,000)  
Investment in affiliated groups (305,853,000) (198,220,000)  
Long-term deferred tax liabilities (310,608,000) (202,081,000)  
Long-term subtotal (287,566,000) (189,428,000)  
Net deferred tax liability (264,366,000) (184,147,000)  
Federal
     
Income Tax      
NOL carryforwards expiration period 20 years    
State | Minimum
     
Income Tax      
NOL carryforwards expiration period 5 years    
State | Maximum
     
Income Tax      
NOL carryforwards expiration period 20 years    
Corporation
     
Deferred income tax expense (benefit):      
Total provision for income tax 12,630,000 36,639,000 10,907,000
Income Tax      
Income before provision for income tax 31,145,000 74,192,000 3,813,000
Federal statutory income tax rate (as a percent) 35.00% 35.00% 35.00%
Federal income tax at statutory rate 10,901,000 25,967,000 1,335,000
Permanent items 40,000 28,000 36,000
State income taxes, net of federal benefit (729,000) 688,000 102,000
Current year change in valuation allowance   (5,000) (64,000)
Prior period adjustments and tax rate changes (147,000) (2,517,000) 163,000
Provision on income from Class A units 2,617,000 12,412,000 9,323,000
Other (52,000) 66,000 12,000
Total provision for income tax 12,630,000 36,639,000 10,907,000
Amount of tax deductions related to equity compensation in excess of compensation 600,000    
Valuation allowance as a percentage of long-term deferred tax asset attributable to capital loss carryforwards or state tax credit 100.00%    
Corporation | Federal
     
Income Tax      
Net operating loss carryforwards 26,500,000    
Corporation | State
     
Income Tax      
Net operating loss carryforwards 1,500,000    
Partnership
     
Deferred income tax expense (benefit):      
Total provision for income tax 39,000 1,689,000 2,742,000
Income Tax      
Income before provision for income tax 42,131,000 178,817,000 122,642,000
Federal statutory income tax rate (as a percent) 0.00% 0.00% 0.00%
State income taxes, net of federal benefit 39,000 1,689,000 2,742,000
Total provision for income tax 39,000 1,689,000 2,742,000
Eliminations
     
Income Tax      
Income before provision for income tax $ (20,162,000) $ 2,284,000 $ (8,006,000)
Federal statutory income tax rate (as a percent) 0.00% 0.00% 0.00%