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EARNINGS PER COMMON SHARE (Tables)
 9 Months Ended
Sep. 30, 2014
EARNINGS PER COMMON SHARE  
Schedule of calculation of earnings (loss) per share

The following represents the calculation of earnings (loss) per share (in thousands, except per share amounts):

 
   Three Months Ended
September 30,		   Nine Months Ended
September 30,		  
 
   2014   2013   2014   2013  
 
   (In thousands, except per share amounts)
  

Basic:

                          

Net income (loss) available to common stockholders

   $ 186,853   $ (859,897 ) $ 35,597   $ (818,060 )
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
                   

Weighted average basic number of common shares outstanding

     416,470     392,726     415,264     368,696  
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Basic net income (loss) per share of common stock

   $ 0.45   $ (2.19 ) $ 0.09   $ (2.22 )
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
                   

Diluted:

                          

Net income (loss) available to common stockholders

   $ 186,853   $ (859,897 ) $ 35,597   $ (818,060 )
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Net income from assumed conversions

     9,004     —     —     —  
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Net income (loss) available to common stockholders after assumed conversions

   $ 195,857   $ (859,897 ) $ 35,597   $ (818,060 )
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
                   

Weighted average basic number of common shares outstanding

     416,470     392,726     415,264     368,696  

Common stock equivalent shares representing shares issuable upon:

    
 		    
 		    
 		    
 		  

Exercise of stock options

     741     Anti-dilutive     452     Anti-dilutive  

Exercise of February 2012 Warrants

     7,549     Anti-dilutive     5,226     Anti-dilutive  

Exercise of August 2012 Warrants

     —     —     —     Anti-dilutive  

Vesting of restricted shares

     2,609     Anti-dilutive     1,608     Anti-dilutive  

Vesting of performance units

     463     —     483     —  

Conversion of 2017 Notes

     64,371     Anti-dilutive     Anti-dilutive     Anti-dilutive  

Conversion of preferred stock

     —     —     —     Anti-dilutive  

Conversion of Series A preferred stock          

     56,043     Anti-dilutive     Anti-dilutive     Anti-dilutive  
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Weighted average diluted number of common shares outstanding

     548,246     392,726     423,033     368,696  
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Diluted net income (loss) per share of common stock

   $ 0.36   $ (2.19 ) $ 0.08   $ (2.22 )
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
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