The loss was principally due to $130.2 million of non-cash derivative expense resulting from the mark-to-market adjustment of certain derivative positions that Atlas Pipeline maintains to hedge the variability in expected future cash flows attributable to changes in commodity market prices.
The partnership recently paid record quarterly cash distribution for the fourth quarter of 2007 of $0.34 per common limited partner unit, an increase of $0.09 per unit, or 36%, compared to the fourth quarter of 2006.
