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Asset Acquisition (Table)
6 Months Ended
Jun. 30, 2013
Business Acquisition, Purchase Price Allocation [Abstract]  
Schedule of Purchase Price Allocation [Table Text Block]
The following table is a summary of the consideration paid in the Clearfield acquisition and the purchase price allocation for the fair value of the assets acquired and liabilities assumed at the acquisition date:
Purchase Price Allocation (in thousands):


Purchase Price to Clearfield Energy, Inc.

$
215,397

     Total Purchase Price

$
215,397




Assets acquired:


     Current assets

$
17,622

     Assets held for disposition

19,358

     Property, plant and equipment

91,422

     Goodwill

153,802

     Intangibles

37,600

Liabilities assumed:


     Current liabilities

(28,274
)
     Liabilities held for disposition

(1,400
)
     Deferred taxes

(65,228
)
     Long term liabilities

(9,505
)
     Total purchase price

$
215,397

Pro Forma financial information
The following unaudited pro forma condensed financial data for the three and six months ended June 30, 2012 gives effect to the Clearfield acquisition as if it had occurred on January 1, 2012. The unaudited pro forma condensed financial information has been included for comparative purposes only and is not necessarily indicative of the results that might have occurred had the transactions taken place on the dates indicated and is not intended to be a projection of future results.
 

 
Three Months Ended  
 June 30, 2012
 
Six Months Ended 
 June 30, 2012
 
(In thousands)
Pro forma total revenues
$
433,653

 
$
926,272

Pro forma net loss
$
(3,592
)
 
$
(1,878
)
Pro forma net loss attributable to Crosstex Energy, Inc.
$
(2,194
)
 
$
(3,217
)
Pro forma net loss per common share:
 
 


Basic and Diluted
$
(0.05
)
 
$
(0.07
)