Net Income/(Loss) Per Limited Partner Unit (Tables)

3 Months Ended

Mar. 31, 2014

Net Income/(Loss) Per Limited Partner Unit [Abstract]

Calculation Of Net Loss Per Limited Partner Unit

	Three Months Ended
	March 31, 2014		March 31, 2013
Net income  (loss)	$	(14,396)	$	(8,174)
Net income attributable to noncontrolling interest		(214)		-
Net income attributable to QR Energy, LP		(14,610)		(8,174)
Distribution on Class C convertible preferred units		(3,500)		(3,500)
Amortization of preferred unit discount		(3,988)		(3,829)
Distribution on Class B units		(2,962)		(2,990)
Net income  (loss) available to other unitholders		(25,060)		(18,493)
Less: general partners' interest in net income		142,579		734
Limited partners' interest in net income (loss)	$	(167,639)	$	(19,227)
Common unitholders' interest in net income (loss)	$	(167,639)	$	(19,227)
Net income (loss) attributable to QR Energy, LP per limited partner unit:
Common unitholders' (basic and diluted)	$	(2.86)	$	(0.33)
Weighted average number of limited partner units outstanding (in thousands) (1)
Common units (basic and diluted)		58,631		58,445

⁽¹⁾ For the three months ended March 31, 2014 and 2013, we had weighted average preferred units outstanding of 16,666,667. The preferred and Class B units are contingently convertible into common units and could potentially dilute earnings per unit in the future. The preferred and Class B units have not been included in the diluted earnings per unit calculation for the three months ended March 31, 2014 and 2013, as they were anti-dilutive for the periods. For the three months ended March 31, 2014, we had 11.6 million Deferred Class B units which were also not included in the diluted earnings per unit calculation as they were anti-dilutive for the period.