Investment in Unconsolidated Affiliate Investment in Unconsolidated Affiliate (Notes)

3 Months Ended

Mar. 31, 2014

Equity Method Investments and Joint Ventures [Abstract]

Investment in Unconsolidated Affiliate

(10) Investment in Unconsolidated Affiliates

The Company’s unconsolidated investments consisted of a contractual right to benefits and burdens associated with Devon's 38.75% ownership interest in Gulf Coast Fractionators ("GCF") at March 31, 2014 and December 31, 2013 and a 30.6% ownership interest in Howard Energy Partners ("HEP") at March 31, 2014.

The following table shows the activity related to the Partnership’s investment in unconsolidated affiliates for the three months ended March 31, 2014 and 2013 (in millions):

	Gulf Coast Fractionators		Howard Energy Partners (1)		Total
March 31, 2014:
Distributions	$	—	$	2.7	$	2.7
Equity in income	$	4.1	$	0.1	$	4.2
March 31, 2013:
Equity in income	$	1.0	$	—	$	1.0

(1) Includes income and distributions for the period March 7, 2014 through March 31, 2014.

The following table shows the balances related to the Partnership’s investment in unconsolidated affiliates for the periods indicated (in millions):

	March 31, 2014		December 31, 2013
Gulf Coast Fractionators (1)	$	52.1	$	61.1
Howard Energy Partners	219.3		—
Total investments in unconsolidated affiliates	$	271.4	$	61.1

(1) Devon retained $13.1 million of the undistributed earnings due from GCF, as of March 7, 2014 when the GCF contractual right allocating the benefits and burdens of the 38.75% ownership interest in GCF to the Partnership became effective. The $13.1 million of the undistributed earnings was reflected as a reduction in the GCF investment on March 7, 2014.