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Acquisitions (Tables)
9 Months Ended
Sep. 30, 2014
Business Acquisition [Line Items]  
Proforma Financial Results

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

(Unaudited)

 

 

(Unaudited)

 

 

September 30, 2014

 

September 30, 2013

 

September 30, 2014

 

September 30, 2013

 

 

Actual

 

Pro Forma

 

Actual

 

Pro Forma

Total revenues

 

$

130,188 

 

$

130,238 

 

$

386,117 

 

$

365,978 

Operating income

 

$

25,124 

 

$

38,052 

 

$

87,502 

 

$

86,984 

Net income (loss) attributable to QR Energy, LP

 

$

102,097 

 

$

(21,008)

 

$

36,133 

 

$

39,287 

Net income per unit:

 

 

 

 

 

 

 

 

 

 

 

 

Common unitholders' (basic)

 

$

1.52 

 

$

(0.56)

 

$

(2.35)

 

$

0.10 

Common unitholders' (diluted)

 

$

1.09 

 

$

(0.56)

 

$

(2.35)

 

$

0.10 

 

2013 East Texas Properties [Member]
 
Business Acquisition [Line Items]  
Summary Of Fair Value Of Assets Acquired And Liabilities Assumed

 

 

 

 

 

 

 

 

Oil and gas properties

 

$

105,751 

Investment in ETSWDC

 

 

9,576 

Asset retirement obligation

 

 

(6,069)

Other current liabilities

 

 

(1,044)

Net assets acquired

 

$

108,214 

 

 

 

 

 

ETSWDC [Member]
 
Business Acquisition [Line Items]  
Summary Of Fair Value Of Assets Acquired And Liabilities Assumed

 

 

 

Assets acquired and liabilities assumed:

 

 

 

Current assets (1)

 

$

7,858 

Property, plant and equipment, net

 

 

13,103 

Other long term assets

 

 

16,215 

Total assets

 

 

37,176 

Liabilities:

 

 

 

Current liabilities

 

 

(1,761)

Asset retirement obligation

 

 

(4,607)

Pension and postretirement benefits

 

 

(12,039)

Total liabilities

 

 

(18,407)

Fair value of saltwater disposal company

 

 

18,769 

Less: Remeasurement of previously held interest

 

 

(3,237)

Less: Fair value of noncontrolling interest in ETSWDC

 

 

(5,956)

Fair value of ETSWDC acquired by QR Energy, LP

 

$

9,576 

 

(1)

Includes $3.5 million of cash and cash equivalents.