| SUMMARY OF QUARTERLY CONSOLIDATED FINANCIAL INFORMATION (UNAUDITED) |
SUMMARY QUARTERLY CONSOLIDATED FINANCIAL INFORMATION (UNAUDITED)
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2017 |
Quarter Ended |
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Year Ended |
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March 31 (A)(B) |
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June 30 (A)(B) |
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September 30 (A)(B) |
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December 31 (B) |
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December 31 (B) |
Total revenues |
$ |
59,141 |
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|
$ |
81,360 |
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|
$ |
81,691 |
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|
$ |
70,402 |
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$ |
292,594 |
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Total operating costs |
73,887 |
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|
87,113 |
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|
86,012 |
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|
90,493 |
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|
337,505 |
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Operating loss |
(14,746 |
) |
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(5,753 |
) |
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(4,321 |
) |
|
(20,091 |
) |
|
(44,911 |
) |
Total other income (expenses) |
2,331 |
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|
1,557 |
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3,850 |
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(4,063 |
) |
|
3,675 |
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Income tax expense (benefit) |
539 |
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|
510 |
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(2 |
) |
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(82 |
) |
|
965 |
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Net loss |
(12,954 |
) |
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(4,706 |
) |
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(469 |
) |
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(24,072 |
) |
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(42,201 |
) |
Preferred dividends |
(1,395 |
) |
|
(1,395 |
) |
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(1,395 |
) |
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(1,395 |
) |
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(5,580 |
) |
Loss applicable to common stockholders |
$ |
(14,349 |
) |
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$ |
(6,101 |
) |
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$ |
(1,864 |
) |
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$ |
(25,467 |
) |
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$ |
(47,781 |
) |
Loss applicable to common stock, per share |
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Basic |
$ |
(0.21 |
) |
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$ |
(0.09 |
) |
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$ |
(0.03 |
) |
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$ |
(0.38 |
) |
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$ |
(0.71 |
) |
Diluted |
$ |
(0.21 |
) |
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$ |
(0.09 |
) |
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$ |
(0.03 |
) |
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$ |
(0.38 |
) |
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$ |
(0.71 |
) |
Weighted average number of shares of common stock outstanding |
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Basic |
66,841,977 |
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66,874,155 |
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66,932,744 |
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66,963,297 |
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66,903,457 |
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Diluted |
66,841,977 |
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66,874,155 |
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66,932,744 |
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66,963,297 |
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66,903,457 |
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2016 |
Quarter Ended |
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Year Ended |
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March 31 (A) |
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June 30 (A) |
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September 30 (A) |
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December 31 (B) |
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December 31 |
Total revenues |
$ |
62,158 |
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$ |
84,484 |
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$ |
83,162 |
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$ |
69,076 |
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$ |
298,880 |
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Total operating costs |
78,774 |
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|
89,706 |
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82,382 |
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|
87,192 |
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|
338,054 |
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Operating (loss) income |
(16,616 |
) |
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(5,222 |
) |
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780 |
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(18,116 |
) |
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(39,174 |
) |
Total other income (expenses) |
89,955 |
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|
8,518 |
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19,677 |
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(1,451 |
) |
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116,699 |
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Income tax expense (benefit) |
44 |
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|
138 |
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(38 |
) |
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45 |
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|
189 |
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Net income (loss) |
73,295 |
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|
3,158 |
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|
20,495 |
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(19,612 |
) |
|
77,336 |
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Preferred dividends |
(1,395 |
) |
|
(1,395 |
) |
|
(1,395 |
) |
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(1,395 |
) |
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(5,580 |
) |
Net loss (income) attributable to noncontrolling interest |
124 |
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(112 |
) |
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(177 |
) |
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(92 |
) |
|
(257 |
) |
Income (loss) applicable to common stockholders |
$ |
72,024 |
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$ |
1,651 |
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$ |
18,923 |
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$ |
(21,099 |
) |
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$ |
71,499 |
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Income (loss) applicable to common stock, per share |
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Basic |
$ |
1.08 |
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$ |
0.02 |
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$ |
0.28 |
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$ |
(0.32 |
) |
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$ |
1.07 |
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Diluted |
$ |
1.05 |
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$ |
0.02 |
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$ |
0.27 |
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$ |
(0.32 |
) |
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$ |
1.04 |
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Weighted average number of shares of common stock outstanding |
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Basic |
66,654,598 |
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66,681,248 |
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66,730,583 |
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66,772,360 |
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66,709,925 |
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Diluted |
68,284,898 |
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68,899,515 |
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69,072,676 |
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66,772,360 |
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68,788,440 |
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(A) |
The Income (Loss) Applicable to Common Stockholders shown agrees with the Company’s quarterly report(s) on Form 10-Q as filed with the Securities and Exchange Commission. |
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(B) |
The options outstanding are excluded from the diluted share calculation as their effect would have been anti-dilutive. |
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