XML 14 R53.htm IDEA: XBRL DOCUMENT v2.3.0.15
Equity Investments (Equity Investments) (Details) (USD $)
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Dec. 31, 2010
Total current assets$ 173,540,000 $ 173,540,000 $ 120,475,000
Property and equipment, net1,060,064,000 1,060,064,000 873,228,000
Other assets3,929,000 3,929,000 6,143,000
Total assets1,237,533,000 1,237,533,000 999,846,000
Total current liabilities141,116,000 141,116,000 145,006,000
Total long term debt432,142,000 432,142,000  
Total long term liabilities4,386,000 4,386,000 10,092,000
Total members' equity659,889,000 659,889,000 844,748,000
Total liabilities and members' equity1,237,533,000 1,237,533,000 999,846,000
Oil and natural gas130,00069,000386,00094,000 
Midstream64,180,00039,133,000179,820,000114,485,000 
Total revenues64,310,00039,202,000180,206,000114,579,000 
Oil and natural gas production17,000120,00021,000162,000 
Midstream operating29,010,00018,916,00080,320,00069,800,000 
Other expenses6,979,0002,905,00035,041,00010,483,000 
Depreciation, depletion, and amortization7,511,0004,971,00021,022,00012,651,000 
Total costs and expenses43,517,00026,912,000136,404,00093,096,000 
Income before income taxes20,793,00012,290,00043,802,00021,483,000 
Income tax expense399,00087,0001,118,000246,000 
Net income20,394,00012,203,00042,684,00021,237,000 
EXCO's share of equity income (loss) before amortization10,197,0006,102,00021,342,00010,619,000 
Amortization of the difference in the historical basis of our contribution469,000573,0001,407,0001,435,000 
Equity income10,666,0006,675,00022,749,00012,054,000 
Equity investments287,979,000 287,979,000 379,001,000
Basis adjustment45,755,000[1] 45,755,000[1] 45,755,000[1]
Cumulative amortization of basis adjustment(3,789,000)[2] (3,789,000)[2] (2,382,000)[2]
EXCO's 50% interest in equity investments329,945,000 329,945,000 422,374,000
Historical basis of Exco's contribution and fair value of BG Group's contribution57,200,000 57,200,000 57,200,000
TGGT Holdings, LLC [Member]
     
Goodwill included in our investment in TGGT$ 11,400,000 $ 11,400,000 $ 11,400,000
[1]Our equity in TGGT and OPCO, at inception, exceeded the book value of our investments by an aggregate of $45.8 million, comprised of an aggregate of $57.2 million difference in the historical basis of our contribution and the fair value of BG Group's contribution, offset by $11.4 million of goodwill included in our investment in TGGT.
[2]The aggregate $57.2 million basis difference is being amortized over the estimated life of the associated assets.