Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Equity (Deficit)

v2.4.0.6
Consolidated Statements of Equity (Deficit) (USD $)
In Thousands, unless otherwise specified
Total
Common Stock
Treasury Stock
Additional Paid-in Capital
Accumulated Deficit
Accumulated Other Comprehensive Loss
Noncontrolling Interest
common units
common units
Noncontrolling Interest
Capital Unit, Class B
Capital Unit, Class B
Noncontrolling Interest
Balance - at Dec. 31, 2011 $ (172,992) $ 389 $ (20,195) $ 898,702 $ (1,260,205) $ (258) $ 208,575        
Balance (shares) at Dec. 31, 2011   129,510 3,386                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Issuances of stock, shares   84,932                  
Issuances of stock 1,209,263 255   1,209,008              
Issuances of restricted stock, shares   10,234                  
Issuances of restricted stock 0 31   (31)              
Forfeitures of restricted stock, shares   (12) 12                
Forfeitures of restricted stock 0                    
Stock-based compensation 56,113     56,113              
Treasury stock acquired, shares   (1,330) 1,330                
Treasury stock acquired (18,920) (4) (18,920) 4              
Foreign currency translation 137         137          
Interest rate cash flow hedges (29,676)         (29,676)          
Loss attributable to non-controlling interest (8,277)           (8,277)        
Sale of common units to non-controlling interest               (204,973) (204,973) 887,361 887,361 [1]
Sale of common units to non-controlling interest 205,174                    
Distributions to non-controlling Interest (24,628)           (24,628)        
Net loss (238,456)       (238,456)            
Balance - at Sep. 30, 2012 $ 1,864,898 $ 671 $ (39,115) $ 2,163,796 $ (1,498,661) $ (29,797) $ 1,268,004        
Balance (shares) at Sep. 30, 2012   223,334 4,728                
[1] In May 2012, Cheniere Partners and Blackstone CQP Holdco LP ("Blackstone") entered into a unit purchase agreement (the "Blackstone Unit Purchase Agreement") whereby Cheniere Partners agreed to sell to Blackstone in a private placement 100 million Class B Units of Cheniere Partners ("Class B Units") at a price of $15.00 per Class B Unit. Cheniere Partners has issued and sold 66.7 million Class B Units to Blackstone as of September 30, 2012. The net proceeds will be used to fund the equity portion of the costs of developing, constructing and placing into service LNG trains 1 and 2 of the Liquefaction Project.