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Net Income/Loss Per Limited Partner Unit (Tables)
6 Months Ended
Jun. 30, 2012
Net Income/Loss Per Limited Partner Unit [Abstract]  
Calculation Of Net Loss Per Limited Partner Unit

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30, 2012

 

 

June 30, 2011

 

 

June 30, 2012

 

 

June 30, 2011

Net income (loss)

 

$

 99,125

 

$

 28,988

 

$

 91,890

 

$

 (17,561)

Net income (loss) attributable to predecessor operations

 

 

 -

 

 

 (13,057)

 

 

 -

 

 

 4,144

Distribution on Class C convertible preferred units

 

 

 (3,500)

 

 

 -

 

 

 (7,000)

 

 

 -

Amortization of preferred unit discount

 

 

 (3,713)

 

 

 -

 

 

 (7,389)

 

 

 -

Net income (loss) available to other unitholders

 

 

 91,912

 

 

 15,931

 

 

 77,501

 

 

 (13,417)

Less: general partner's interest in net income (loss)

 

 

 (703)

 

 

 16

 

 

 2,455

 

 

 (13)

Limited partners' interest in net income (loss)

 

$

 92,615

 

$

 15,915

 

$

 75,046

 

$

 (13,404)

Common unitholders' interest in net income (loss)

 

$

 77,478

 

$

 12,744

 

$

 62,454

 

$

 (10,694)

Subordinated unitholders' interest in net income (loss)

 

$

 15,137

 

$

 3,171

 

$

 12,592

 

$

 (2,710)

Net loss per limited partner unit:

 

 

 

 

 

 

 

 

 

 

 

 

Common unitholders' (basic)

 

$

 2.15

 

$

 0.44

 

$

 1.92

 

$

 (0.38)

Common unitholders' (diluted)

 

 

 1.67

 

 

 0.44

 

 

 1.60

 

 

 (0.38)

Subordinated unitholders' (basic)

 

$

 2.12

 

$

 0.44

 

$

 1.76

 

$

 (0.38)

Subordinated unitholders' (diluted)

 

 

 1.65

 

 

 0.44

 

 

 1.50

 

 

 (0.38)

Weighted average number of limited partner units outstanding (1):

 

 

 

 

 

 

 

 

 

 

 

 

Common units (basic)

 

 

 36,114

 

 

 28,723

 

 

 32,486

 

 

 28,518

Common units (diluted)

 

 

 52,780

 

 

 28,723

 

 

 49,153

 

 

 28,518

Subordinated units (basic and diluted)

 

 

 7,146

 

 

 7,146

 

 

 7,146

 

 

 7,146