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Earnings Per Share and Dilution Computations
 6 Months Ended
Jun. 30, 2013
Earnings Per Share [Abstract]  
Earning per Share and Dilution Computations
Earnings per Share and Dilution Computations
 
Basic earnings per share was computed by dividing net income by the weighted average number of common shares outstanding for the three and six months ended June 30, 2013 and 2012.  The computation of diluted earnings per share further assumes the dilutive effect of common share options and restricted shares.  All common share equivalents were antidilutive in the three and six months ended June 30, 2013 and 2012 because the Company had a net loss for the periods.
 
The following table reflects the computation of basic earnings per share for the periods presented (in thousands except per share amounts):
 
Three Months Ended  
 June 30,
 
Six Months Ended 
 June 30,
 
2013
 
2012
 
2013
 
2012
Net loss attributable to Crosstex Energy, Inc.
$
(4,667
)
 
$
(1,672
)
 
$
(7,603
)
 
$
(2,496
)
Distributed earnings allocated to:
 

 
 

 
 

 
 

Common shares
$
5,712

 
$
5,682

 
$
11,419

 
$
10,891

Unvested restricted shares
191

 
172

 
329

 
330

Total distributed earnings
$
5,903

 
$
5,854

 
$
11,748

 
$
11,221

Undistributed loss allocated to:
 

 
 

 
 

 
 

Common shares
$
(10,234
)
 
$
(7,307
)
 
$
(18,747
)
 
$
(13,323
)
Unvested restricted shares
(336
)
 
(219
)
 
(604
)
 
(394
)
Total undistributed loss
$
(10,570
)
 
$
(7,526
)
 
$
(19,351
)
 
$
(13,717
)
Net loss allocated to:
 

 
 

 
 

 
 

Common shares
$
(4,522
)
 
$
(1,625
)
 
$
(7,328
)
 
$
(2,432
)
Unvested restricted shares
(145
)
 
(47
)
 
(275
)
 
(64
)
Total net loss
$
(4,667
)
 
$
(1,672
)
 
$
(7,603
)
 
$
(2,496
)
Basic and diluted net loss per share:
 

 
 

 
 

 
 

Basic common share
$
(0.09
)
 
$
(0.03
)
 
$
(0.15
)
 
$
(0.05
)
Diluted common share
$
(0.09
)
 
$
(0.03
)
 
$
(0.15
)
 
$
(0.05
)


The following are the share amounts used to compute the basic and diluted earnings per common share unit for the three and six months ended June 30, 2013 and 2012 (in thousands):
 
 
Three Months Ended  
 June 30,
 
Six Months Ended 
 June 30,
 
2013
 
2012
 
2013
 
2012
Basic and diluted weighted average shares outstanding:
 

 
 

 
 
 
 
Weighted average common shares outstanding
47,610

 
47,366

 
47,589

 
47,361