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Related Party Transactions
6 Months Ended
Jun. 30, 2012
Related Party Transactions [Abstract]  
Related Party Transactions
RELATED PARTY TRANSACTIONS:
We provide Regency with certain natural gas and NGLs sales and transportation services and compression equipment, and Regency provides us with certain contract compression services. For the three months ended June 30, 2012, we recorded revenues of $4.0 million, cost of products sold of $8.0 million and operating expenses of $0.1 million related to transactions with Regency. For the three months ended June 30, 2011, we recorded revenues of $7.5 million, cost of products sold of $8.2 million and operating expenses of $0.4 million related to transactions with Regency. For the six months ended June 30, 2012, we recorded revenues of $12.1 million, cost of products sold of $14.1 million and operating expenses of $0.2 million related to transactions with Regency. For the six months ended June 30, 2011, we recorded revenues of $19.0 million, cost of products sold of $19.2 million and operating expenses of $1.9 million related to transactions with Regency.
In March 2012 Southern Union became a related party. For the six months ended June 30, 2012, we recorded revenues of $6.0 million and cost of products sold of $8.2 million related to transactions with Southern Union.
We received $8.9 million and $8.4 million in management fees from ETE for the provision of various general and administrative services for ETE’s benefit for the six months ended June 30, 2012 and 2011, respectively. For the three months ended June 30, 2012 and 2011, we received $4.5 million and $3.5 million, respectively, in management fees from ETE for the provision of various general and administrative services for ETE’s benefit. These management fees include the provision of various general and administrative services for Regency. For the three months ended June 30, 2012 and 2011, we recorded from Regency $1.8 million and $0.8 million, respectively, for reimbursement of various general and administrative expenses incurred by us. For the six months ended June 30, 2012 and 2011, we recorded from Regency $3.6 million and $3.1 million, respectively, for reimbursement of various general and administrative expenses incurred by us.