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Derivative Instruments (Tables)
12 Months Ended
Dec. 31, 2011
Derivative Instruments [Abstract]  
Schedule Of Derivative Assets And Liabilities Statement
The Partnership’s derivative assets and liabilities, including credit risk adjustments, for the years ended December 31, 2011 and 2010 are detailed below:
 
Assets
 
Liabilities
 
December 31, 2011

 
December 31, 2010

 
December 31, 2011

 
December 31, 2010

Derivatives designated as cash flow hedges
 
 
 
 
 
 
 
Current amounts
 
 
 
 
 
 
 
Commodity contracts
$
4,065

 
$
2,650

 
$
10,065

 
$
11,421

Long-term amounts
 
 
 
 
 
 
 
Commodity contracts
474

 
23

 
63

 
3,271

Total cash flow hedging instruments
4,539

 
2,673

 
10,128

 
14,692

Derivatives not designated as cash flow hedges
 
 
 
 
 
 
 
Current amounts
 
 
 
 
 
 
 
Ethane put options
309

 

 

 

Interest rate contracts

 

 
470

 
1,751

Long-term amounts
 
 
 
 
 
 
 
Interest rate contracts

 

 

 
833

Embedded derivatives in Series A Preferred Units

 

 
39,049

 
57,023

Total derivatives not designated as cash flow hedges
309

 

 
39,519

 
59,607

Total derivatives
$
4,848

 
$
2,673

 
$
49,647

 
$
74,299

Detail Effect Of Derivative Assets And Liabilities In Statement Of Operations
The Partnership's statement of operation for the year ended December 31, 2011 and 2010 were impacted by derivative instruments activities as detailed below:
 
 
 
Successor
 
 
Predecessor
 
 
 
Year Ended December 31, 2011
 
Period from
May 26, 2010 to
December 31, 2010
 
 
Period from
January 1, 2010 to
May 25, 2010
 
Year Ended December 31, 2009
 
 
 
Change in Value Recognized in AOCI on Derivatives
(Effective Portion)
Derivatives in cash flow hedging relationships:
 
 
 
 
 
 
 
 
 
 
Commodity derivatives
 
 
$
(12,678
)
 
$
(11,099
)
 
 
$
14,371

 
$
(19,958
)
Interest rate swap derivatives
 
 

 

 
 

 
(2,082
)
 
 
 
$
(12,678
)
 
$
(11,099
)
 
 
$
14,371

 
$
(22,040
)
 
Location of Gain/(Loss)
Recognized in Income
 
Amount of Gain/(Loss) Reclassified from AOCI into Income
(Effective Portion)
Derivatives in cash flow hedging relationships:
 
 
 
 
 
 
 
 
 
 
Commodity derivatives
Revenue
 
$
(19,018
)
 
$

 
 
$
(5,200
)
 
$
54,260

Interest rate swap derivatives
Interest expense
 

 

 
 
(1,060
)
 
(6,255
)
 
 
 
$
(19,018
)
 
$

 
 
$
(6,260
)
 
$
48,005

 
Location of Gain/(Loss)
Recognized in Income
 
Amount of Gain/(Loss) Recognized in Income on Ineffective Portion
Derivatives in cash flow hedging relationships:
 
 
 
 
 
 
 
 
 
 
Commodity derivatives
Revenue
 
$
3

 
$
(88
)
 
 
$
(799
)
 
$
108

 
Location of Gain/(Loss)
Recognized in 
Income
 
Amount of Gain/(Loss) from De-designation Amortized from
AOCI into Income
Derivatives not designated in a hedging relationship:
 
 
 
 
 
 
 
 
 
 
Commodity derivatives
Revenue
 
$

 
$

 
 
$
4,115

 
$
(611
)
 
Location of 
Gain/(Loss)
Recognized in 
Income
 
Amount of Gain/(Loss) Recognized in Income on Derivatives
Derivatives not designated in a hedging relationship:
 
 
 
 
 
 
 
 
 
 
Commodity derivatives
Revenue
 
$
(58
)
 
$
(7,778
)
 
 
$
1,168

 
$
(13,669
)
Interest rate swap derivatives
Interest expense
 
(395
)
 
(3,588
)
 
 
(824
)
 

Embedded derivatives
Other 
income &
deductions
 
17,974

 
(8,390
)
 
 
(4,039
)
 
(15,686
)
 
 
 
$
17,521

 
$
(19,756
)
 
 
$
(3,695
)
 
$
(29,355
)