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QUARTERLY RESULTS OF OPERATIONS (UNAUDITED) (Details) - USD ($)
3 Months Ended 12 Months Ended
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract]                      
Total Revenues $ 35,943,626 $ 45,109,408 $ 32,014,226 $ 31,836,236 $ 56,913,029 $ 101,156,552 $ 40,863,194 $ 76,124,638 $ 144,903,496 $ 275,057,413 $ 595,026,742
Gain (Loss) on Derivative Instruments, Net (11,141,233) 3,381,564 (10,522,948) 3,463,883 17,563,910 51,366,762 (22,211,048) 25,663,283 (14,818,734) 72,382,907 163,412,615
Total Operating Expenses 33,457,789 74,583,046 124,946,744 141,220,772 213,112,194 408,323,554 343,402,927 429,607,005 374,208,351 1,394,445,680 289,855,485
Impairment 0 43,820,791 88,880,921 104,311,122 167,143,533 354,422,654 281,964,097 360,428,962 237,012,834 1,163,959,246 0
Income (Loss) from Operations 2,485,837 (29,473,638) (92,932,518) (109,384,536) (156,199,165) (307,167,002) (302,539,733) (353,482,367) (229,304,855) (1,119,388,267) 305,171,257
Other Income (Expense) (16,218,413) (16,145,257) (16,046,144) (17,181,218) (16,114,205) (16,152,574) (14,387,494) (11,736,205) (15,902) (30,091) 47,364
Income Tax Benefit (1,402,179) 0 0 0 (50) (77,544) (66,866,610) (135,480,000) (1,402,179) (202,424,204) 99,367,000
Net Loss $ (12,330,397) $ (45,618,895) $ (108,978,662) $ (126,565,754) $ (172,313,320) $ (323,242,032) $ (250,060,617) $ (229,738,572) $ (293,493,708) $ (975,354,541) $ 163,745,945
Net Loss Per Common Share – Basic (in dollars per share) $ (0.20) $ (0.74) $ (1.78) $ (2.08) $ (2.84) $ (5.33) $ (4.12) $ (3.79) $ (4.80) $ (16.08) $ 2.70
Net Loss Per Common Share – Diluted (in dollars per share) $ (0.20) $ (0.74) $ (1.78) $ (2.08) $ (2.84) $ (5.33) $ (4.12) $ (3.79) $ (4.80) $ (16.08) $ 2.69