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Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2011
Fair Value Measurements [Abstract] 
Fair Value Of Assets And Liabilities Measured And Recorded On Recurring Basis
The following tables summarize the fair value of our financial assets and liabilities measured and recorded at fair value on a recurring basis as of September 30, 2011 and December 31, 2010 based on inputs used to derive their fair values:
 
 
 
Fair Value Measurements  at
September 30, 2011 Using
 
Fair Value
Total
 
Level 1
 
Level 2
Assets:
 
 
 
 
 
Marketable securities
$
3,151

 
$
3,151

 
$

Interest rate derivatives
30,564

 

 
30,564

Commodity derivatives:
 
 
 
 
 
Natural Gas:
 
 
 
 
 
Basis Swaps IFERC/NYMEX
74,892

 
74,892

 

Swing Swaps IFERC
21,818

 
1,074

 
20,744

Fixed Swaps/Futures
70,270

 
70,112

 
158

Options — Puts
13,348

 

 
13,348

Forward Physical Swaps
738

 

 
738

Propane — Forwards/Swaps
77

 

 
77

Total commodity derivatives
181,143

 
146,078

 
35,065

Total Assets
$
214,858

 
$
149,229

 
$
65,629

Liabilities:
 
 
 
 
 
Interest rate derivatives
$
(98,580
)
 
$

 
$
(98,580
)
Commodity derivatives:
 
 
 
 
 
Natural Gas:
 
 
 
 
 
Basis Swaps IFERC/NYMEX
(68,918
)
 
(68,918
)
 

Swing Swaps IFERC
(22,707
)
 
(1,988
)
 
(20,719
)
Fixed Swaps/Futures
(48,287
)
 
(48,133
)
 
(154
)
Options — Puts
(423
)
 

 
(423
)
Options — Calls
(122
)
 

 
(122
)
Forward Physical Swaps
(482
)
 

 
(482
)
Propane — Forwards/Swaps
(2,086
)
 

 
(2,086
)
Total commodity derivatives
(143,025
)
 
(119,039
)
 
(23,986
)
Total Liabilities
$
(241,605
)
 
$
(119,039
)
 
$
(122,566
)

 
 
Fair Value Measurements  at
December 31, 2010 Using
 
Fair Value
Total
 
Level 1
 
Level 2
Assets:
 
 
 
 
 
Marketable securities
$
2,032

 
$
2,032

 
$

Interest rate derivatives
20,790

 

 
20,790

Commodity derivatives:
 
 
 
 
 
Natural Gas:
 
 
 
 
 
Basis Swaps IFERC/NYMEX
15,756

 
15,756

 

Swing Swaps IFERC
1,682

 
1,562

 
120

Fixed Swaps/Futures
42,474

 
42,474

 

Options — Puts
26,241

 

 
26,241

Options — Calls
75

 

 
75

Propane – Forwards/Swaps
6,864

 

 
6,864

Total commodity derivatives
93,092

 
59,792

 
33,300

Total Assets
$
115,914

 
$
61,824

 
$
54,090

Liabilities:
 
 
 
 
 
Interest rate derivatives
$
(18,338
)
 
$

 
$
(18,338
)
Commodity derivatives:
 
 
 
 
 
Natural Gas:
 
 
 
 
 
Basis Swaps IFERC/NYMEX
(17,372
)
 
(17,372
)
 

Swing Swaps IFERC
(3,768
)
 
(3,520
)
 
(248
)
Fixed Swaps/Futures
(41,825
)
 
(41,825
)
 

Options — Puts
(7
)
 

 
(7
)
Options — Calls
(2,643
)
 

 
(2,643
)
Total commodity derivatives
(65,615
)
 
(62,717
)
 
(2,898
)
Total Liabilities
$
(83,953
)
 
$
(62,717
)
 
$
(21,236
)