XML 55 R32.htm IDEA: XBRL DOCUMENT v2.4.0.6
Commitments and Contingencies (Tables)
12 Months Ended
Mar. 31, 2013
Commitments and Contingencies  
Schedule of future minimum lease payments under contractual commitments

Future minimum lease payments under contractual commitments as of March 31, 2013 are as follows (in thousands):

 

Year Ending March 31,

 

 

 

2014

 

$

55,065

 

2015

 

38,283

 

2016

 

31,297

 

2017

 

29,005

 

2018

 

21,520

 

Thereafter

 

36,268

 

Total

 

$

211,438

 

Schedule of rental expense relating to operating leases

Rental expense relating to operating leases was as follows for the periods indicated (in thousands):

 

Year ended March 31, 2013

 

$

51,354

 

Year ended March 31, 2012

 

5,202

 

Six months ended March 31, 2011

 

838

 

Six months ended September 30, 2010

 

676

 

 

Schedule of commitments outstanding

At March 31, 2013, we had the following such commitments outstanding:

 

 

 

Volume

 

Value

 

 

 

(in thousands)

 

Natural gas liquids fixed-price purchase commitments (gallons)

 

84,159

 

$

76,386

 

Natural gas liquids floating-price purchase commitments (gallons)

 

540,518

 

604,584

 

Natural gas liquids fixed-price sale commitments (gallons)

 

102,071

 

100,246

 

Natural gas liquids floating-price sale commitments (gallons)

 

262,143

 

339,757

 

 

 

 

 

 

 

Crude oil fixed-price purchase commitments (barrels)

 

3,382

 

303,819

 

Crude oil fixed-price sale commitments (barrels)

 

5,642

 

504,505

 

Schedule of unamortized balances included in the entity's consolidated balance sheet

At March 31, 2013, the unamortized balances included in our consolidated balance sheet were as follows (in thousands):

 

Current assets

 

$

3,124

 

Current liabilities

 

(586

)

Net assets

 

$

2,538

 

Schedule of recorded and expected to be record amortization expense (income) to cost of sales related to the forward purchase and sale contracts

The following table summarizes the amortization expense (income) we have recorded, and the amortization expense (income) we expect to record, to cost of sales related to the forward purchase and sale contracts acquired in the merger with High Sierra (in thousands):

 

 

 

Natural Gas Liquids

 

Crude Oil

 

 

 

 

 

Logistics Segment

 

Logistics Segment

 

Total

 

 

 

 

 

 

 

 

 

Year ended March 31, 2013

 

$

14,587

 

$

(1,089

)

$

13,498

 

Year ending March 31, 2014

 

2,701

 

(163

)

2,538

 

Total expense (income)

 

$

17,288

 

$

(1,252

)

$

16,036