The firm reported a net loss of $15.8 million, or a loss of $1.05 per limited partner unit, for the year ended December 31, 2007, as compared to net income of $61.9 million, or income of $1.90 per limited partner unit, for the year ended December 31, 2006.
Earnings before interest, taxes, depreciation and amortization (EBITDA) decreased $44.1 million to a loss of $23.5 million for the three months ended December 31, 2007, from earnings of $20.6 million for the same period of 2006. EBITDA decreased by $50.7 million to $29.2 million for the year ended December 31, 2007, from $79.9 million for the same period of 2006.