Interest And Other Income

6 Months Ended

Jun. 30, 2012

Interest and Other Income [Abstract]

Interest And Other Income

Interest and Other Income

The following table provides the components of the Company's interest and other income:

	Three Months Ended June 30,					Six Months Ended June 30,
	2012			2011		2012		2011
	(in thousands)
Equity in income of unconsolidated affiliate (a)	$	7,861		$	502	$	14,842	$	801
Alaskan Petroleum Production Tax credits and refunds (b)	—			—		11,846		27,452
Third-party income (loss) from vertical integration services (c)	(3,820		)	8,881		2,729		7,913
Other income	592			3,698		2,234		4,334
Deferred compensation plan income	150			299		1,523		1,166
Interest income	1,260			214		1,317		401
Total interest and other income	$	6,043		$	13,594	$	34,491	$	42,067

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(a) Represents the Company's equity in the earnings of EFS Midstream LLC ("EFS Midstream"), which owns and operates gas and liquids gathering, treating and transportation assets in the Eagle Ford Shale area of South Texas.

(b) The Company earns Alaskan Petroleum Production Tax ("PPT") credits on qualifying capital expenditures. The Company recognizes income from PPT credits when they are realized through cash refunds or as reductions in production and ad valorem taxes if realizable as offsets to PPT expense.

(c) Third-party income (loss) from vertical integration services represents third-party working interests' share of earnings associated with Company-provided fracture stimulation, drilling and related services.