XML 57 R16.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Income Tax | 9 Months Ended
--- | ---
Sep. 30, 2013
Income Tax Disclosure [Abstract] |
Income Tax | Income Tax As a limited partnership, we are generally not subject to state and federal income tax, with the exception of the state of Texas. Included in our provision for income tax is a tax imposed by the state of Texas of 0.5% of gross margin in Texas (“franchise tax”). Our taxable income or loss, which may vary substantially from the net income or net loss reported in the Consolidated Statements of Operations, is includable in the federal and state income tax returns of each unitholder. We are, however, subject to a statutory requirement that our non-qualifying income cannot exceed 10% of our total gross income, determined on a calendar year basis under the applicable income tax provisions. If the amount of our non-qualifying income exceeds this statutory limit, we would be taxed as a corporation. Accordingly, certain activities that generate non-qualifying income are conducted through a taxable corporate subsidiary, PropCo. PropCo is subject to federal and state income tax and pays any income taxes related to the results of its operations. For the year ended December 31, 2012 and the nine months ended September 30, 2013, our non-qualifying income did not exceed the statutory limit. Our Predecessor was subject to income tax and was included in the consolidated income tax returns of SUSS. Income taxes were allocated to our Predecessor based on separate-company computations of income or loss. The income tax expense for the three and nine months ended September 30, 2012 primarily are those of our Predecessor.
| Three Months Ended |  | Nine Months Ended
| September 30, 2012 |  | September 30, 2013 |  | September 30, 2012 |  | September 30, 2013
| Predecessor |  |  |  |  |  | Predecessor |  |  |  |
| (in thousands) |  | Tax rate % |  | (in thousands) |  | Tax rate % |  | (in thousands) |  | Tax rate % |  | (in thousands) |  | Tax rate %
Tax at statutory federal rate | $ | 1,875 |  |  | 35.0 | % |  | $ | 3,410 |  |  | 35.0 | % |  | $ | 4,832 |  |  | 35.0 | % |  | $ | 9,731 |  |  | 35.0 | %
Partnership earnings not subject to tax | (202 | ) |  | (3.8 | )% |  | (3,410 | ) |  | (35.0 | )% |  | (202 | ) |  | (1.5 | )% |  | (9,731 | ) |  | (35.0 | )%
Corporate subsidiary earnings subject to tax | — |  |  | — | % |  | 68 |  |  | 0.7 | % |  | — |  |  | — | % |  | 80 |  |  | 0.3 | %
State and local tax, net of federal benefit | 53 |  |  | 1.0 | % |  | 77 |  |  | 0.8 | % |  | 150 |  |  | 1.1 | % |  | 218 |  |  | 0.8 | %
Other | 13 |  |  | 0.3 | % |  | — |  |  | — | % |  | 33 |  |  | 0.3 | % |  | — |  |  | — | %
Tax expense per financial statement | $ | 1,739 |  |  | 32.5 | % |  | $ | 145 |  |  | 1.5 | % |  | $ | 4,813 |  |  | 34.9 | % |  | $ | 298 |  |  | 1.1 | %

X
- Details
Name: | us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32718-109319 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(h)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Paragraph h -Article 4 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32559-109319 + Details
Name: | us-gaap_IncomeTaxDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration