Annual report pursuant to Section 13 and 15(d)

SUMMARY QUARTERLY CONSOLIDATED FINANCIAL INFORMATION (UNAUDITED)

v3.19.3.a.u2
SUMMARY QUARTERLY CONSOLIDATED FINANCIAL INFORMATION (UNAUDITED)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
SUMMARY QUARTERLY CONSOLIDATED FINANCIAL INFORMATION (UNAUDITED)
SUMMARY QUARTERLY CONSOLIDATED FINANCIAL INFORMATION (UNAUDITED)
2019
Quarter Ended
 
Year Ended
 
March 31
 
June 30
 
September 30
 
December 31
 
December 31
Total revenues
$
53,952

 
$
71,615

 
$
74,682

 
$
71,815

 
$
272,064

Total operating costs
72,231

 
83,171

 
92,010

 
91,936

 
339,348

Operating loss (income)
(18,279
)
 
(11,556
)
 
(17,328
)
 
(20,121
)
 
(67,284
)
Total other income (expenses)
3,679

 
(1,403
)
 
5,471

 
5,324

 
13,071

Income tax expense

 

 
162

 
479

 
641

Net loss
(14,600
)
 
(12,959
)
 
(12,019
)
 
(15,276
)
 
(54,854
)
Preferred dividends
(1,395
)
 
(1,395
)
 
(1,395
)
 
(1,395
)
 
(5,580
)
Loss applicable to common stockholders
$
(15,995
)
 
$
(14,354
)
 
$
(13,414
)
 
$
(16,671
)
 
$
(60,434
)
Loss applicable to common stock, per share
 
 
 
 
 
 
 
 
 
Basic
$
(0.24
)
 
$
(0.21
)
 
$
(0.20
)
 
$
(0.25
)
 
$
(0.90
)
Diluted
$
(0.24
)
 
$
(0.21
)
 
$
(0.20
)
 
$
(0.25
)
 
$
(0.90
)
Weighted average number of shares of common stock outstanding
 
 
 
 
 
 
 
 
 
Basic
67,027,104

 
67,029,610

 
67,040,692

 
67,060,440

 
67,039,556

Diluted
67,027,104

 
67,029,610

 
67,040,692

 
67,060,440

 
67,039,556

 
 
 
 
 
 
 
 
 
 
2018
Quarter Ended
 
Year Ended
 
March 31
 
June 30
 
September 30
 
December 31
 
December 31
Total revenues
$
66,660

 
$
91,004

 
$
87,419

 
$
69,286

 
$
314,369

Total operating costs
78,946

 
87,976

 
94,619

 
79,262

 
340,803

Operating loss (income)
(12,286
)
 
3,028

 
(7,200
)
 
(9,976
)
 
(26,434
)
Total other income (expenses)
(4,009
)
 
(7,831
)
 
(6,875
)
 
6,750

 
(11,965
)
Income tax expense (benefit)

 

 

 
284

 
284

Net loss
(16,295
)
 
(4,803
)
 
(14,075
)
 
(3,510
)
 
(38,683
)
Preferred dividends
(1,395
)
 
(1,395
)
 
(1,395
)
 
(1,395
)
 
(5,580
)
Loss applicable to common stockholders
$
(17,690
)
 
$
(6,198
)
 
$
(15,470
)
 
$
(4,905
)
 
$
(44,263
)
Loss applicable to common stock, per share
 
 
 
 
 
 
 
 
 
Basic
$
(0.26
)
 
$
(0.09
)
 
$
(0.23
)
 
$
(0.07
)
 
$
(0.66
)
Diluted
$
(0.26
)
 
$
(0.09
)
 
$
(0.23
)
 
$
(0.07
)
 
$
(0.66
)
Weighted average number of shares of common stock outstanding
 
 
 
 
 
 
 
 
 
Basic
66,977,104

 
66,977,104

 
66,992,322

 
67,027,104

 
66,993,543

Diluted
66,977,104

 
66,977,104

 
66,992,322

 
67,027,104

 
66,993,543