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Condensed Consolidated Statements Of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
REVENUES:        
Gas sales, including related party $ 64,042 $ 132,800 $ 144,937 $ 242,887
NGL sales including related party 120,984 138,088 280,263 256,339
Gathering, transportation and other fees, including related party 95,265 81,817 195,579 163,653
Net realized and unrealized gain (loss) from derivatives 14,987 (7,542) 13,803 (9,256)
Other, including related party 16,698 11,335 35,293 20,127
Total revenues 311,976 356,498 669,875 673,750
OPERATING COSTS AND EXPENSES:        
Cost of sales, including related party 186,815 259,475 426,468 475,736
Operation and maintenance 38,992 33,996 79,973 67,556
General and administrative, including related party 16,476 17,551 32,171 36,660
Loss on asset sales, net 1,548 153 1,584 181
Depreciation and amortization 45,132 40,503 96,638 80,739
Total operating costs and expenses 288,963 351,678 636,834 660,872
OPERATING INCOME (LOSS): 23,013 4,820 33,041 12,878
Income from unconsolidated affiliates 34,185 32,167 66,143 55,975
Interest expense, net (27,934) (24,689) (57,491) (44,696)
Gains (Losses) on Extinguishment of Debt, net (7,820) 0 (7,820) 0
Other income and deductions, net 7,921 2,641 24,443 [1] 5,055
INCOME BEFORE INCOME TAXES 29,365 14,939 58,316 29,212
Income tax expense 38 102 89 70
NET INCOME 29,327 14,837 58,227 29,142
Net income attributable to noncontrolling interest (649) (293) (1,048) (524)
NET INCOME ATTRIBUTABLE TO REGENCY ENERGY PARTNERS LP 28,678 14,544 57,179 28,618
Amounts attributable to Series A Preferred Units 2,120 1,995 5,117 3,988
General partner's interest, including IDRs 2,505 1,550 4,993 2,842
Limited partners' interest in net income $ 24,053 $ 10,999 $ 47,069 $ 21,788
Basic and diluted net income per common unit:        
Weighted average number of common units outstanding 170,107,060 142,937,163 164,398,548 140,135,219
Net income, per common unit 0.14 0.08 0.29 0.16
Diluted net income, per common unit 0.10 0.07 0.26 0.14
Distributions per common unit $ 0.46 $ 0.45 $ 0.92 $ 0.895
[1] *Other income and deductions, net for the six months ended June 30, 2012 included a one-time producer payment of $15.6 million related to an assignment of certain contracts.