Condensed Consolidated Statements Of Operations And Comprehensive Income (USD $) | 3 Months Ended |
Share data in Thousands, except Per Share data, unless otherwise specified | Mar. 31, 2015 | Mar. 31, 2014 |
REVENUES: | | | | |
Coal sales | $45,556,000 | | $51,235,000 | |
Freight and handling revenues | 539,000 | | 338,000 | |
Other revenues | 10,089,000 | | 8,369,000 | |
Total revenues | 56,184,000 | | 59,942,000 | |
COSTS AND EXPENSES: | | | | |
Cost of operations (exclusive of depreciation, depletion and amortization shown separately below) | 46,151,000 | | 46,399,000 | |
Freight and handling costs | 535,000 | | 301,000 | |
Depreciation, depletion and amortization | 8,852,000 | | 9,232,000 | |
Selling, general and administrative (exclusive of depreciation, depletion and amortization shown separately above) | 4,416,000 | | 5,557,000 | |
(Gain) on sale/disposal of assets-net | -22,000 | | -679,000 | |
Total costs and expenses | 59,932,000 | | 60,810,000 | |
(LOSS) FROM OPERATIONS | -3,748,000 | | -868,000 | |
INTEREST AND OTHER (EXPENSE)/INCOME: | | | | |
Interest expense | -957,000 | | -3,184,000 | |
Interest income and other | 2,000 | | 3,000 | |
Equity in net income/(loss) of unconsolidated affiliates | 141,000 | | -917,000 | |
Total interest and other (expense) | -814,000 | | -4,098,000 | |
NET (LOSS) BEFORE INCOME TAXES FROM CONTINUING OPERATIONS | -4,562,000 | | -4,966,000 | |
INCOME TAXES | | | | |
NET (LOSS) FROM CONTINUING OPERATIONS | -4,562,000 | | -4,966,000 | |
DISCONTINUED OPERATIONS (NOTE 3) | | | | |
Income from discontinued operations | 721,000 | | 130,511,000 | |
NET (LOSS)/INCOME | -3,841,000 | | 125,545,000 | |
Other comprehensive income: | | | | |
Amortization of actuarial gain under ASC Topic 715 | -44,000 | | -92,000 | |
COMPREHENSIVE (LOSS)/INCOME | -3,885,000 | | 125,453,000 | |
Net (loss)/income per limited partner unit, diluted: | | | | |
Distributions paid per limited partner unit | $0.05 | [1] | $0.45 | [1] |
Common Units [Member] | | | | |
Net (loss)/income per limited partner unit, basic: | | | | |
Net (loss) per unit from continuing operations | ($0.15) | | ($0.17) | |
Net income per unit from discontinued operations | $0.02 | | $4.40 | |
Net (loss)/income per common unit, basic | ($0.13) | | $4.23 | |
Net (loss)/income per limited partner unit, diluted: | | | | |
Net (loss)/income per unit from continuing operations | ($0.15) | | ($0.17) | |
Net income per unit from discontinued operations | $0.02 | | $4.40 | |
Net (loss)/income per common unit, diluted | ($0.13) | | $4.23 | |
Weighted average number of limited partner units outstanding, basic: | | | | |
Weighted average number of limited partner units outstanding, basic | 16,692 | | 16,667 | |
Weighted average number of limited partner units outstanding, diluted: | | | | |
Weighted average number of limited partner units outstanding, diluted | 16,692 | | 16,673 | |
Subordinated Units [Member] | | | | |
Net (loss)/income per limited partner unit, basic: | | | | |
Net (loss) per unit from continuing operations | ($0.15) | | ($0.17) | |
Net income per unit from discontinued operations | $0.02 | | $4.40 | |
Net (loss)/income per common unit, basic | ($0.13) | | $4.23 | |
Net (loss)/income per limited partner unit, diluted: | | | | |
Net (loss)/income per unit from continuing operations | ($0.15) | | ($0.17) | |
Net income per unit from discontinued operations | $0.02 | | $4.40 | |
Net (loss)/income per common unit, diluted | ($0.13) | | $4.23 | |
Distributions paid per limited partner unit | $0 | | $0 | |
Weighted average number of limited partner units outstanding, basic: | | | | |
Weighted average number of limited partner units outstanding, basic | 12,397 | | 12,397 | |
Weighted average number of limited partner units outstanding, diluted: | | | | |
Weighted average number of limited partner units outstanding, diluted | 12,397 | | 12,397 | |
General Partner [Member] | | | | |
INTEREST AND OTHER (EXPENSE)/INCOME: | | | | |
NET (LOSS) FROM CONTINUING OPERATIONS | -91,000 | | -99,000 | |
DISCONTINUED OPERATIONS (NOTE 3) | | | | |
Income from discontinued operations | 14,000 | | 2,610,000 | |
NET (LOSS)/INCOME | -77,000 | | 2,511,000 | |
Common Unitholders [Member] | | | | |
INTEREST AND OTHER (EXPENSE)/INCOME: | | | | |
NET (LOSS) FROM CONTINUING OPERATIONS | -2,569,000 | | -2,795,000 | |
DISCONTINUED OPERATIONS (NOTE 3) | | | | |
Income from discontinued operations | 402,000 | | 73,343,000 | |
NET (LOSS)/INCOME | -2,167,000 | | 70,548,000 | |
Net (loss)/income per limited partner unit, basic: | | | | |
Net (loss) per unit from continuing operations | ($0.15) | | ($0.17) | |
Net income per unit from discontinued operations | $0.02 | | $4.40 | |
Net (loss)/income per limited partner unit, diluted: | | | | |
Net (loss)/income per unit from continuing operations | ($0.15) | | ($0.17) | |
Net income per unit from discontinued operations | $0.02 | | $4.40 | |
Weighted average number of limited partner units outstanding, basic: | | | | |
Weighted average number of limited partner units outstanding, basic | 16,692 | | 16,667 | |
Weighted average number of limited partner units outstanding, diluted: | | | | |
Weighted average number of limited partner units outstanding, diluted | 16,692 | | 16,673 | |
Subordinated Unitholders[Member] | | | | |
INTEREST AND OTHER (EXPENSE)/INCOME: | | | | |
NET (LOSS) FROM CONTINUING OPERATIONS | -1,902,000 | | -2,072,000 | |
DISCONTINUED OPERATIONS (NOTE 3) | | | | |
Income from discontinued operations | 305,000 | | 54,558,000 | |
NET (LOSS)/INCOME | ($1,597,000) | | $52,486,000 | |
Net (loss)/income per limited partner unit, basic: | | | | |
Net (loss) per unit from continuing operations | ($0.15) | | ($0.17) | |
Net income per unit from discontinued operations | $0.02 | | $4.40 | |
Net (loss)/income per limited partner unit, diluted: | | | | |
Net (loss)/income per unit from continuing operations | ($0.15) | | ($0.17) | |
Net income per unit from discontinued operations | $0.02 | | $4.40 | |
Weighted average number of limited partner units outstanding, basic: | | | | |
Weighted average number of limited partner units outstanding, basic | 12,397 | | 12,397 | |
Weighted average number of limited partner units outstanding, diluted: | | | | |
Weighted average number of limited partner units outstanding, diluted | 12,397 | | 12,397 | |
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[1] | No distributions were paid on the subordinated units for the three months ended March 31, 2015 and 2014 |