Debt Obligations (Tables)

9 Months Ended

Sep. 30, 2012

Debt Disclosure [Abstract]

Schedule Of Debt Instruments

The following table sets forth the debt obligations of Southern Union and Panhandle at the dates indicated:

	Successor		Predecessor
	September 30, 2012		December 31, 2011
Southern Union Credit Facility	$	251,000	$	200,000
Southern Union:
7.60% Senior Notes due 2024	359,765		359,765
8.25% Senior Notes due 2029	300,000		300,000
7.24% to 9.44% First Mortgage Bonds due 2020 to 2027	19,500		19,500
7.20% Junior Subordinated Notes due 2066 (1)	600,000		600,000
Term Loan due 2013	—		250,000
Note Payable	7,306		7,746
Unamortized fair value adjustments	53,426		—
	1,339,997		1,537,011
Panhandle:
6.05% Senior Notes due 2013	250,000		250,000
6.20% Senior Notes due 2017	300,000		300,000
8.125% Senior Notes due 2019	150,000		150,000
7.00% Senior Notes due 2029	66,305		66,305
7.00% Senior Notes due 2018	400,000		400,000
Term Loan due 2012	—		797,386
Term Loan due 2015	455,000		—
Net premiums on long-term debt	—		2,924
Unamortized fair value adjustments	142,874		—
	1,764,179		1,966,615
Note Payable — ETE	166,217		—
Total debt	3,521,393		3,703,626
Less: Current portion of long term debt	261,351		343,254
Less: Short-term debt (2)	166,217		200,000
Total long-term debt	$	3,093,825	$	3,160,372

⁽¹⁾  Effective November 1, 2011, the interest rate on the Junior Subordinated Notes changed to a variable rate based upon the three-month LIBOR rate plus 3.0175%, reset quarterly.  See Interest Rate Swaps below for more information regarding the interest rate on these notes.

⁽²⁾  The Southern Union Credit Facility was included in short-term debt as of December 31, 2011, but not as of September 30, 2012. See discussion in "Credit Facilities" below