Equity in Nonconsolidated Investments (Tables)

12 Months Ended

Dec. 31, 2011

Equity in Nonconsolidated Investments

Equity in the nonconsolidated investments

		Interest	Ownership as of December	December 31,
Investees	Location	Type	31, 2011	2011	2010
				(Thousands)
Nora Gathering, LLC (Nora LLC)	USA	Joint	50%	$  136,972	$  153,345
Appalachian Natural Gas Trust (ANGT)	USA		100%	–	37,920
Total equity in nonconsolidated investments				$  136,972	$  191,265

Schedule of summarized balance sheet for nonconsolidated investments accounted for under the equity method of accounting

Summarized Balance Sheets

	As of December 31,
	2011		2010
	(Thousands)
Current assets	$	18,838	$	45,493
Noncurrent assets	260,286		399,447
Total assets	$	279,124	$	444,940
Current liabilities	$	5,210	$	8,013
Stockholders’ equity	273,914		436,927
Total liabilities and stockholders’ equity	$	279,124	$	444,940

Schedule of summarized Statements of Income for nonconsolidated investments accounted for under the equity method of accounting

	Years Ended December 31,
	2011	2010	2009
	(Thousands)
Revenues	$  49,772	$  62,618	$   89,980
Operating expenses	35,520	41,693	63,877
Net income	$14,252	$20,925	$   26,103