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Related Party Transactions (Tables)
12 Months Ended
Dec. 31, 2012
Related Party Transactions [Abstract]  
Changes In The Affiliate Payable/Receivables Balance

 

 

 

Net affiliate payable as of December 31, 2010

$

(442)

Revenues and other increases (1) (2)

 

130,946 

Expenditures

 

(70,367)

Settlements from the Fund

 

(56,403)

Net affiliate receivable as of December 31, 2011

 

3,734 

Revenues and other increases (1)

 

256,496 

Expenditures

 

(208,780)

Settlements from the Fund

 

(51,450)

Net affiliate receivable as of December 31, 2012

$

 -

 

(1)

Includes $1.6 and $3.7 million in overhead producing credits for 2011 and 2012, respectively, and $1.3 million of proceeds from the sale of oil and gas leases received by the Fund on our behalf during 2011.

 

(2)

Includes $2.7 million in purchase price adjustments receivable from the Fund related to natural gas imbalances included with the October 2011 Transferred Properties.

Other Contributions To Partners' Capital

 

 

 

 

 

 

 

 

 

 

 

Year Ended

 

Year Ended

 

December 22 to

 

December 31, 2012

 

December 31, 2011

 

December 31, 2010

Noncash general and administrative expense contributed by the Fund(1)

$

31,591 

 

$

17,364 

 

$

184 

Noncash general and administrative expense contributed by the Predecessor(2)

 

6,485 

 

 

17,357 

 

 

644 

Fair value of interest rate derivatives novated to us from the Fund(3)

 

 -

 

 

2,600 

 

 

 -

Prepaid insurance incurred by the Fund on our behalf(4)

 

 -

 

 

224 

 

 

 -

Total other contributions from affiliates

$

38,076 

 

$

37,545 

 

$

828 

 

(1)

Represents our share of allocable general and administrative expenses incurred by QRM on our behalf, but not reimbursable by us.

 

(2)

Represents our share of allocable general and administrative expenses incurred by QRM on our behalf, but not reimbursable by us for the December 2012 Transferred Properties for all periods presented and for the October 2011 Transferred Properties for the period from January 1 to September 30, 2011 and the period from December 22, 2010 to December 31, 2010.

 

(3)

On February 28, 2011, the Fund novated to us fixed-for-floating interest rate swaps covering $225.0 million of borrowings under our revolving credit facility. The Fund also novated to us on July 1, 2011 natural gas basis swaps with contract dates until 2015. The fair value of these derivative instruments was a net asset position.

 

(4)

QRM also incurred prepaid insurance on our behalf, but not reimbursable by us.

Cash Contributions From The Predecessor

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 22

 

Year ended

 

Year ended

 

to

 

December 31, 2012

 

December 31, 2011

 

December 31, 2010

Cash receipts

$

(109,274)

 

$

(204,898)

 

$

(5,971)

Borrowings under Predecessor's credit facility

 

 -

 

 

 -

 

 

(23,000)

Production expenditures paid

 

41,528 

 

 

80,889 

 

 

2,559 

Derivative buyup payment

 

 -

 

 

42,653 

 

 

 -

Interest paid

 

4,050 

 

 

9,981 

 

 

321 

Acquisition of Melrose Properties

 

 -

 

 

 -

 

 

77,763 

Capital expenditures paid

 

28,723 

 

 

45,868 

 

 

907 

Cash contributions from (distributions to) the Predecessor

$

(34,973)

 

$

(25,507)

 

$

52,579