The table below summarizes select information related to the CLO vehicle in which Salus held a variable interest at June 30, 2013.
| | | | | | | | June 30,
2013 | Maximum loss exposure | | $ | 212.0 |
| Asset-backed loans receivable | | $ | 212.0 |
| Cash and other assets | | 21.0 |
| Total assets of consolidated VIE | | 233.0 |
| Long-term debt | | 225.0 |
| Other liabilities | | 2.9 |
| Total liabilities of consolidated VIE | | $ | 227.9 |
|
(7) Equity-method investments EXCO/HGI JV The following tables present summarized consolidated financial information of HGI's proportionately consolidated equity investment in the EXCO/HGI JV, for the period subsequent to HGI's acquisition of the equity interest on February 14, 2013.
| | | | | | | | June 30,
2013 | Assets | | | Total current assets | | $ | 54.2 |
| Oil and natural gas properties, net | | 825.4 |
| Other assets | | 35.6 |
| Total assets | | $ | 915.2 |
| | | | Liabilities and members' equity | | | Total current liabilities | | $ | 43.1 |
| Total long-term liabilities | | 402.4 |
| Total members' equity | | 469.7 |
| Total liabilities and members' equity | | $ | 915.2 |
|
| | | | | | | | | | | | Three months ended | | Nine months ended | | | June 30,
2013 | | June 30,
2013 | Revenues | | $ | 50.7 |
| | $ | 73.1 |
| Costs and Expenses | | | | | Oil and natural gas direct operating costs | | 24.2 |
| | 36.0 |
| Selling, acquisition, operating and general expenses | | 19.7 |
| | 29.2 |
| Total costs and expenses | | 43.9 |
| | 65.2 |
| Operating income | | 6.8 |
| | 7.9 |
| Other income (expense), net | | 10.4 |
| | (2.7 | ) | Net income | | $ | 17.2 |
| | $ | 5.2 |
|
|
