Interest And Other Income

12 Months Ended

Dec. 31, 2011

Interest And Other Income [Abstract]

Interest And Other Income

NOTE L.    Interest and Other Income

The following table provides the components of the Company's interest and other income during the years ended December 31, 2011, 2010 and 2009:

	Year Ended December 31,
	2011		2010			2009
	(in thousands)
Third-party income from vertical integration services (a)	$	45,115	$	169		$	—
Alaskan Petroleum Production Tax credits and refunds (b)		38,939		47,652			94,989
Equity interest in income (loss) of EFS Midstream		7,868		(819	)		—
Eagle Ford Shale land fees		3,747		—			—
Other income		3,937		4,565			3,631
Deferred compensation plan income		1,657		1,228			1,034
Interest income		697		4,177			1,935
Total interest and other income	$	101,960	$	56,972		$	101,589

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

(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.