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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
0 Months Ended 12 Months Ended
Dec. 31, 2010
Dec. 31, 2011
Dec. 21, 2010
Predecessor [Member]
Dec. 31, 2009
Predecessor [Member]
Cash flows from operating activities:        
Net Income (loss) $ (12,067) $ 61,137 $ 31,913 $ (115,414)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:        
Depreciation, depletion and amortization 2,130 78,354 66,482 16,993
Accretion of asset retirement obligations 77 2,702 3,674 3,585
Amortization of deferred financing costs 45 1,520 2,681 627
Recognition of unit-based awards 20 1,351 3,470 0
(Gain) loss on disposal of furniture, fixtures and equipment 0 0 (482) 723
General and administrative expense contributed by the Fund 666 29,072 0 0
Impairment of oil and gas properties 0 0 0 28,338
Amortization of costs of derivative contracts 0 0 0 1,219
Unrealized (gains) losses on commodity derivative contracts (See Note X) 12,662 (95,564) (5,598) 108,164
Unrealized (gains) losses on investment in marketable equity securities 0 0 0 (5,640)
Realized losses on investment in marketable equity securities 0 0 0 5,246
Deferred income tax expense (71) 849 0 0
Bargain purchase gain 0 0 0 (1,200)
Equity in earnings of Ute Energy, LLC 0 0 (3,782) (2,675)
Gain on equity share issuance 0 0 (4,064) 0
Accounts receivable and other assets (4,278) (29,029) (39,727) 15,052
Accounts payable and other liabilities 2,580 9,682 41,378 9,889
Net cash provided by (used in) operating activities 1,764 60,074 95,945 64,907
Cash flows from investing activities:        
Additions to oil and gas properties (318) (55,480) (56,133) (31,278)
Acquisition of oil and gas properties (77,763) 0 (891,870) (43,300)
Additions to furniture, equipment and other 0 0 (1,934) (1,456)
Proceeds from sale of gas processing assets 0 0 890 0
Proceeds from sale of other assets 0 0 170 0
Increase in property reclamation deposit 0 0 0 (19)
Investment in Ute Energy, LLC 0 0 0 (1,925)
Proceeds from sales of marketable equity securities 0 0 0 6,233
Property acquisition deposit 0 0 (8,000) 0
Proceeds from sale of properties 0 1,327 0 16,287
Net cash used in investing activities (78,081) (54,153) (956,877) (55,458)
Cash flows from financing activities:        
Proceeds from underwriters' exercise of overallotment option 0 41,963    
Net proceeds from initial public offering (See Note 1) 279,750 0 0 0
Distributions to the Fund (See Note 1) (300,000) (42,000) 0 0
Contributions from the General Partner 0 715    
Distributions to unitholders 0 (46,026)    
Intercompany financing from the Fund (See Note 15) 387 0 0 0
Contributions by partners and non-controlling interest owners 0 0 474,864 15,991
Distributions to partners and non-controlling interest owners 0 0 (30,000) (27,019)
Contributions from the Predecessor 53,034 8,986 0 0
Proceeds from bank borrowings (See Note 8) 248,000 275,000 584,383 33,000
Repayment of debt assumed from the Fund (See Note 8) (200,000) (227,000) 0 0
Repayments on bank borrowings 0 0 (113,752) (35,300)
Deferred financing costs (2,659) (2,321) (12,047) 0
Net cash provided by (used in) financing activities 78,512 9,317 903,448 (13,328)
Increase (decrease) in cash and cash equivalents 2,195 15,238 42,516 (3,879)
Cash and cash equivalents at beginning of period   2,195 17,156 21,035
Cash and cash equivalents at end of period $ 2,195 $ 17,433 $ 59,672 $ 17,156