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CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) (USD $)
In Thousands, except Per Share data
3 Months Ended9 Months Ended3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2011
Sep. 30, 2010
Predecessor [Member]
Sep. 30, 2010
Predecessor [Member]
Revenues:    
Oil, natural gas and natural gas liquids sales$ 28,491$ 90,439$ 81,659$ 168,516
Processing and other2176892,8196,954
Total revenues28,70891,12884,478175,470
Operating expenses:    
Production expenses10,92728,47831,29968,556
Depreciation, depletion and amortization7,83225,04325,90845,149
Accretion of asset retirement obligations3088651,1932,648
Management fees002,9157,885
Acquisition evaluation costs001551,197
General and administrative and other4,09210,8698,54719,177
Bargain purchase gain001,0200
Total operating expenses23,15965,25571,037144,612
Operating income5,54925,87313,44130,858
Other income (expense):    
Equity in earnings of Ute Energy, LLC007821,490
Realized gains (losses) on commodity derivative instruments3,581(37,271)2,2195,132
Unrealized gains (losses) on commodity derivatives instruments53,17269,904(3,501)41,432
Gain on equity share issuance004,0644,064
Interest expense, net(10,097)(19,627)(18,481)(31,365)
Other income (expense)002(407)
Total other income (expense), net46,65613,006(14,915)20,346
Income (loss) before income taxes52,20538,879(1,474)51,204
Income tax expense(275)(366)(12)(223)
Net income (loss)51,93038,513(1,486)50,981
Less: net (loss) income attributable to noncontrolling interest00(1,389)45,817
Net income (loss) attributable to controlling interest51,93038,513(97)5,164
Less: general partner's interest in net income5239  
Limited partners' interest in net income51,87838,474  
Common unitholders' interest in net income41,54030,829  
Subordinated unitholders' interest in net income$ 10,338$ 7,645  
Net income per limited partner unit:    
Common unitholders' (basic and diluted) (in dollars per unit)$ 1.45$ 1.07  
Subordinated unitholders' (basic and diluted) (in dollars per unit)$ 1.45$ 1.07  
Weighted-average limited partner units outstanding:    
Common units (basic and diluted) (in units)28,71328,698  
Subordinated units (basic and diluted) (in units)7,1467,146