QUARTERLY FINANCIAL DATA (UNAUDITED)

12 Months Ended

Dec. 31, 2020

Quarterly Financial Information Disclosure [Abstract]

QUARTERLY FINANCIAL DATA (UNAUDITED)

QUARTERLY FINANCIAL DATA (UNAUDITED)

The following information has been derived from unaudited consolidated financial statements that, in the opinion of management, include all recurring adjustments necessary for a fair statement of such information:

	Three Months Ended
	March 31, 2020		June 30, 2020		September 30, 2020		December 31, 2020
	(In thousands, except per share data)
Total revenues	$	99,476	$	103,962	$	125,853	$	163,562
Operating costs and expenses	309,634		302,821		351,052		357,784
Net loss	$	(182,221)	$	(179,229)	$	(253,291)	$	(243,540)
Net loss per common share — basic and diluted	$	(1.62)	$	(1.56)	$	(2.18)	$	(2.09)
Weighted-average common shares — basic and diluted	112,748		114,911		115,986		116,274

	Three Months Ended
	March 31, 2019		June 30, 2019		September 30, 2019		December 31, 2019
	(In thousands, except per share data)
Total revenues	$	33,294	$	44,714	$	70,061	$	71,681
Operating costs and expenses	222,082		280,985		286,360		369,754
Net loss	$	(181,915)	$	(219,481)	$	(208,535)	$	(276,185)
Net loss per common share — basic and diluted	$	(1.73)	$	(2.02)	$	(1.92)	$	(2.47)
Weighted-average common shares — basic and diluted	105,400		108,576		108,701		111,750