Income Tax

9 Months Ended

Sep. 30, 2012

Income Tax Disclosure [Abstract]

Income Tax

(10)Income Tax

The income tax provision for the nine months endedSeptember 30, 2012 reflects a tax benefit of$2.6 million for the current period loss. Unrecognized tax benefits increased $0.5million during the nine months endedSeptember 30, 2012, and the increase, if recognized, would affect the effective tax rate.

The Company had recorded a deferred tax asset in the amount of $20.5 millionand $3.5millionrelating to the difference between its book and tax basis of its investment in the Partnership as of December 31, 2011 and September 30, 2012, respectively.Because the Company can only realize this deferred tax asset upon liquidation of the Partnership and to the extent of capital gains, the Company has provided a full valuation allowance against this deferred tax asset. The deferred tax asset and the related valuation allowance decreased by $17.0million during the nine months endedSeptember 30, 2012due to the Partnership's issuances of common units.