XML 56 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 23,260 $ 13,360
Accounts receivable 57,667 57,442
Due from affiliates 3,377 3,915
Derivative instruments 19,603 27,485
Prepaid and other current assets 1,650 1,859
Total current assets 105,557 104,061
Noncurrent assets:    
Gross oil and natural gas properties 1,978,413 1,909,430
Other property, plant and equipment 14,840 14,114
Less accumulated depreciation, depletion and amortization (348,396) (318,561)
Total oil and natural gas properties and other property, plant and equipment, net 1,644,857 1,604,983
Derivative instruments 48,785 62,131
Other assets 40,292 44,752
Total noncurrent assets 1,733,934 1,711,866
Total assets 1,839,491 1,815,927
Current liabilities:    
Current portion of asset retirement obligations 4,461 4,310
Derivative instruments 13,874 11,233
Accrued and other liabilities 78,966 79,045
Total current liabilities 97,301 94,588
Noncurrent liabilities:    
Long-term debt 974,723 911,593
Deferred Class B unit obligation 147,017  
Derivative instruments 5,757 6,251
Asset retirement obligations 153,809 151,011
Deferred taxes 2,214 2,114
Other liabilities 12,462 12,911
Total noncurrent liabilities 1,295,982 1,083,880
Commitments and contingencies (See Note 12)      
Partners' capital:    
Class C convertible preferred unitholders (16,666,667 issued and outstanding as March 31, 2014 and December 31, 2013) 392,609 388,621
General partner (zero and 51,036 units issued and outstanding as of March 31, 2014 and December 31, 2013)   614
Accumulated other comprehensive income 2,753 2,744
Total QR Energy, LP partners' capital 437,439 628,910
Noncontrolling interest 8,769 8,549
Total partners' capital 446,208 637,459
Total liabilities and partners' capital 1,839,491 1,815,927
Evaluated [Member]
   
Noncurrent assets:    
Gross oil and natural gas properties 1,974,363 1,905,110
Unevaluated [Member]
   
Noncurrent assets:    
Gross oil and natural gas properties 4,050 4,320
Limited Partners-Public Common [Member]
   
Partners' capital:    
Limited partners' capital account 142,361 313,302
Total partners' capital 142,361 313,302
Limited Partners-Affiliated - Common [Member]
   
Partners' capital:    
Limited partners' capital account (100,284) (76,371)
Total partners' capital $ (100,284) $ (76,371)