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Long-Term Debt and Bank Facility Borrowings (Tables)
 3 Months Ended
Dec. 31, 2013
Partnership's Debt

The Partnership’s debt is as follows (in thousands):

December 31, 2013 September 30, 2013
Carrying
Amount		 Fair Value (a) Carrying
Amount		 Fair Value (a)

8.875% Senior Notes (b)

 $ 124,487 $ 130,938 $ 124,460 $ 130,000

Revolving Credit Facility Borrowings (c)

 100,348 100,348 — —

Total debt

 $ 224,835 $ 231,286 $ 124,460 $ 130,000

Total long-term portion of debt

 $ 124,487 $ 130,938 $ 124,460 $ 130,000

(a) The Partnership’s fair value estimates of long-term debt are made at a specific point in time, based on Level 2 inputs. Due to the relatively short maturity of the revolving credit facility, the carrying amount approximates fair value.
(b) The 8.875% Senior Notes were originally issued in November 2010 in a private placement offering pursuant to Rule 144A and Regulation S under the Securities Act of 1933, and in February 2011, were exchanged for substantially identical public notes registered with the Securities and Exchange Commission. These public notes mature in December 2017 and accrue interest at an annual rate of 8.875% requiring semi-annual interest payments on June 1 and December 1 of each year. The discount on these notes was $0.5 million at December 31, 2013. Under the terms of the indenture, these notes permit restricted payments after passing certain financial tests. The Partnership can incur debt up to $100 million for acquisitions and can also pay restricted payments of $22.0 million without passing certain financial tests.
(c) At December 31, 2013, the Partnership had an amended and restated asset based revolving credit facility agreement with a bank syndicate comprised of fifteen banks that expired in 2016. Under this agreement, the Partnership was permitted to borrow up to $250 million ($350 million during the heating season of December through April of each year) for working capital purposes (subject to certain borrowing base limitations and coverage ratios) and was permitted to issue up to $100 million in letters of credit.