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Earnings per Unit
 3 Months Ended
Jun. 30, 2013
Earnings per Unit  
Earnings per Unit

Note 4 — Earnings per Unit

 

Our earnings per common and subordinated unit for the periods indicated below were computed as follows:

 

 

 

Three Months Ended June 30,

 

 

 

2013

 

2012

 

 

 

(in thousands, except unit and per unit amounts)

 

Loss attributable to parent equity

 

$

(17,633

)

$

(24,650

)

Income allocated to general partner(*)

 

(1,688

)

(95

)

Loss allocated to limited partners

 

$

(19,321

)

$

(24,745

)

 

 

 

 

 

 

Loss allocated to:

 

 

 

 

 

Common unitholders

 

$

(16,609

)

$

(20,200

)

Subordinated unitholders

 

$

(2,712

)

$

(4,545

)

 

 

 

 

 

 

Weighted average common units outstanding

 

47,703,313

 

26,529,133

 

 

 

 

 

 

 

Weighted average subordinated units outstanding

 

5,919,346

 

5,919,346

 

 

 

 

 

 

 

Loss per common unit - basic and diluted

 

$

(0.35

)

$

(0.76

)

 

 

 

 

 

 

Loss per subordinated unit - basic and diluted

 

$

(0.46

)

$

(0.77

)

 

 

(*)  The income allocated to the general partner includes distributions to which it is entitled as the holder of incentive distribution rights, which are described in Note 10.

 

The restricted units described in Note 10 were antidilutive for the three-month periods ended June 30, 2013 and 2012.