Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
 12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Revenues      
Revenues $ 265,251 $ 256,361 $ 269,233
Revenues—affiliate 2,940 8,137 14,655
Total revenues 268,191 264,498 283,888
Expenses      
Operating and maintenance expense 59,957 36,292 22,652
Operating and maintenance expense—affiliate 29,304 18,540 13,719
Depreciation expense 57,486 57,788 57,883
Development expense 11,322 37,559 32,448
Development expense—affiliate 1,402 2,677 4,025
General and administrative expense 11,570 12,316 7,754
General and administrative expense—affiliate 129,836 61,081 23,322
Total expenses 300,877 226,253 161,803
Income (loss) from operations (32,686) 38,245 122,085
Other income (expense)      
Interest expense, net (178,400) (171,646) (173,590)
Loss on early extinguishment of debt (131,576) (42,587) 0
Derivative gain (loss), net 83,448 58 (2,251)
Other 1,097 499 196
Total other expense (225,431) (213,676) (175,645)
Net loss (258,117) (175,431) (53,560)
Net loss attributable to Creole Trail Pipeline Business (18,150) (25,295) (22,541)
Net loss attributable to partners $ (239,967) $ (150,136) $ (31,019)
Basic and diluted net income (loss) per common unit (in dollars per share) $ (0.03) $ 0.27 $ 1.23
Weighted average number of common units outstanding used for basic and diluted net income (loss) per common unit calculation 54,235 33,470 27,910