Equity in Nonconsolidated Investments (Tables)

12 Months Ended

Dec. 31, 2012

Equity in Nonconsolidated Investments

Equity in the nonconsolidated investments

		Interest	Ownership as of December	December 31,
Investees	Location	Type	31, 2012	2012	2011
				(Thousands)
Nora Gathering, LLC (Nora LLC)	USA	Joint	50%	$  130,368	$  136,972

Schedule of summarized balance sheet for nonconsolidated investments accounted for under the equity method of accounting

Summarized Balance Sheets

	As of December 31,
	2012		2011
	(Thousands)
Current assets	$	15,966	$	18,838
Noncurrent assets	249,347		260,286
Total assets	$	265,313	$	279,124
Current liabilities	$	4,476	$	5,210
Stockholders’ equity	260,837		273,914
Total liabilities and stockholders’ equity	$	265,313	$	279,124

Schedule of summarized Statements of Income for nonconsolidated investments accounted for under the equity method of accounting

Summarized Statements of Income

	Years Ended December 31,
	2012		2011		2010
	(Thousands)
Revenues	$	47,888	$	49,772	$	62,618
Operating expenses	35,596		35,520		41,693
Net income	$	12,292	$	14,252	$	20,925