Condensed Financial Information of Parent Company (Notes)

12 Months Ended

Dec. 31, 2013

Condensed Financial Information of Parent Company Only [Abstract]

Condensed Financial Information of Parent Company Only Disclosure [Text Block]

CROSSTEX ENERGY, INC. (PARENT COMPANY)

CONDENSED BALANCE SHEETS

	December 31,
	2013			2012
	(In thousands)
ASSETS
Current assets:
Cash and cash equivalents	$	1,764		$	2,852
Accounts receivable	633			—
Prepaid expenses and other	483			120
Total current assets	2,880			2,972
Property and equipment:
Gathering systems	3,614			—
Construction in process	79,241			—
Accumulated depreciation	(160		)	—
Total property and equipment, net	82,695			—
Intangibles	4,246			—
Investment in the Partnership	199,885			217,425
Other assets, net	1,112			—
Total assets	$	290,818		$	220,397
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable	$	6,168		$	—
Related party payable	2,569			—
Other current liabilities	1,153			580
Total current liabilities	9,890			580
Long term debt	78,270			—
Deferred tax liability	56,733			62,151
Other long term liabilities	47			—
Stockholders' equity:
Common stock	476			473
Additional paid-in capital	307,835			274,635
Accumulated deficit	(171,263		)	(117,583		)
Accumulated other comprehensive loss	(58		)	141
Stockholders' equity	136,990			157,666
Non-controlling interest	8,888			—
Total stockholders' equity	145,878			157,666
Total liabilities and stockholders' equity	$	290,818		$	220,397

CROSSTEX ENERGY, INC. (PARENT COMPANY)

CONDENSED STATEMENTS OF OPERATIONS

	Years ended December 31,
	2013			2012			2011
	(In thousands, except per share data)
Revenues:
Midstream	$	1,073		$	—		$	—
Total revenues	1,073			—			—
Operating costs and expenses:
Loss from investment in the Partnership	30,400			16,080			7,192
Operating expenses	513			—			—
General and administrative expenses	11,932			3,775			2,715
Depreciation and amortization	185			—			—
Total operating costs and expenses	43,030			19,855			9,907
Operating loss	(41,957		)	(19,855		)	(9,907		)
Other income (expense):
Interest and other income	(407		)	7			6
Loss before income taxes	(42,364		)	(19,848		)	(9,901		)
Income tax benefit	12,551			7,367			3,894
Net loss	(29,813		)	(12,481		)	(6,007		)
Less: Net loss attributable to the noncontrolling interest	(177		)	—			—
Net loss attributable to Crosstex Energy, Inc.	$	(29,636	)	$	(12,481	)	$	(6,007	)
Net loss per common share:
Basic	$	(0.60	)	$	(0.26	)	$	(0.12	)
Diluted	$	(0.60	)	$	(0.26	)	$	(0.12	)
Weighted average common shares outstanding:
Basic	$	47,664		$	47,384		$	47,150
Diluted	$	47,664		$	47,384		$	47,150

CROSSTEX ENERGY, INC. (PARENT COMPANY)

CONDENSED STATEMENTS OF CASH FLOWS

	Years Ended December 31,
	2013			2012			2011
	(In thousands)
Cash flows from operating activities:
Net loss	$	(29,636	)	$	(12,481	)	$	(6,007	)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation and amortization	185			—			—
Loss from investment in the Partnership	30,400			16,080			7,196
Deferred tax benefit	(12,551		)	(7,367		)	(3,896		)
Stock-based compensation	212			277			249
Interest paid in kind	1,766			—			—
Amortization of debt issue cost	343			—			—
Changes in assets and liabilities:
Accounts receivable, prepaid expenses and other	(1,017		)	(27		)	(57		)
Accounts payable, and other accrued liabilities	3,222			79			238
Net cash used in operating activities	(7,076		)	(3,439		)	(2,277		)
Cash flows from investing activities:
Additions to property and equipment	(76,649		)	—			—
Investment in the Partnership	—			(3,460		)	(163		)
Distributions from the Partnership	28,936			27,270			22,497
Net cash provided by investing activities	(47,713		)	23,810			22,334
Cash flows from financing activities:
Proceeds from borrowings	77,737			—			—
Payments on borrowings	(1,233		)	—			—
Debt refinancing cost	(1,460		)	—			—
Conversion of restricted stocks, net of stocks withheld for taxes	(2,087		)	(794		)	(1,068		)
Contributions from non-controlling partners	4,642			—			—
Common dividends paid	(24,044		)	(22,925		)	(17,872		)
Proceeds from exercise of share options	146			—			—
Net cash provided by (used in) financing activities	53,701			(23,719		)	(18,940		)
Net increase (decrease) in cash and cash equivalents	(1,088		)	(3,348		)	1,117
Cash, beginning of period	2,852			6,200			5,083
Cash, end of period	$	1,764		$	2,852		$	6,200
Non-cash transactions:
Gain from issuance of Partnership units	$	35,123		$	15,890		$	—
Stock-based compensation attributed to CEI for its restricted stock granted to Partnership officers, employees and directors	$	7,000		$	4,200		$	3,100