XML 55 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 6,415 $ 13,360
Accounts receivable 56,116 57,442
Due from affiliates 4,380 3,915
Derivative instruments 15,065 27,485
Prepaid and other current assets 4,122 1,859
Total current assets 86,098 104,061
Noncurrent assets:    
Gross oil and natural gas properties 2,031,538 1,909,430
Other property, plant and equipment 15,033 14,114
Less accumulated depreciation, depletion and amortization (379,083) (318,561)
Total oil and natural gas properties and other property, plant and equipment, net 1,667,488 1,604,983
Derivative instruments 14,265 62,131
Other assets 57,894 44,752
Total noncurrent assets 1,739,647 1,711,866
Total assets 1,825,745 1,815,927
Current liabilities:    
Current portion of asset retirement obligations 4,356 4,310
Derivative instruments 26,009 11,233
Accrued and other liabilities 78,619 79,045
Total current liabilities 108,984 94,588
Noncurrent liabilities:    
Long-term debt 1,011,852 911,593
Deferred Class B unit obligation 153,749  
Derivative instruments 19,471 6,251
Asset retirement obligations 156,447 151,011
Deferred taxes 2,352 2,114
Other liabilities 11,857 12,911
Total noncurrent liabilities 1,355,728 1,083,880
Commitments and contingencies (See Note 12)      
Partners' capital:    
Class C convertible preferred unitholders (16,666,667 issued and outstanding as June 30, 2014 and December 31, 2013) 396,639 388,621
General partner (zero and 51,036 units issued and outstanding as of June 30, 2014 and December 31, 2013)   614
Class B convertible unitholders (6,133,558 units issued and outstanding as of June 30, 2014 and December 31, 2013)      
Accumulated other comprehensive income 2,912 2,744
Total QR Energy, LP partners' capital 351,701 628,910
Noncontrolling interest 9,332 8,549
Total partners' capital 361,033 637,459
Total liabilities and partners' capital 1,825,745 1,815,927
Evaluated [Member]
   
Noncurrent assets:    
Gross oil and natural gas properties 2,027,758 1,905,110
Unevaluated [Member]
   
Noncurrent assets:    
Gross oil and natural gas properties 3,780 4,320
Limited Partners-Public Common [Member]
   
Partners' capital:    
Limited partners' capital account 63,438 313,302
Total partners' capital 63,438 313,302
Limited Partners-Affiliated - Common [Member]
   
Partners' capital:    
Limited partners' capital account (111,288) (76,371)
Total partners' capital $ (111,288) $ (76,371)