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Note 16 - 2015 and 2014 Quarterly Results of Operations (Unaudited)
12 Months Ended
Dec. 31, 2015
Notes to Financial Statements  
Quarterly Financial Information [Text Block]
Note 1
6
.  2015 and 2014 Quarterly Results of Operations (Unaudited)
 
 We have presented the unaudited quarterly results of operations separately for the Successor Company and the Predecessor Company.
 
Consolidated Statement of Operations
(Unaudited)
 
201
5
 
 
Three Months
ended
March 31
 
 
Three Months
ended
June 30
 
 
Three Months
ended
September 30
 
 
Three Months
ended
December 31
 
                                 
Revenues
  $ 26,331,166     $ 22,657,372     $ 29,127,482     $ 25,740,856  
Total Operating Expenses
    43,839,019       47,011,056       46,135,325       102,409,040*  
Operating Loss
    (17,507,853
)
    (24,353,684
)
    (17,007,843
)
    (76,668,184
)
Net Loss
    (20,667,064
)
    (27,508,300
)
    (20,376,620
)
    (79,744,981
)
                                 
Basic Loss Per Share
  $ (0.55
)
  $ (0.73
)
  $ (0.54
)
  $ (2.12
)
Diluted Loss Per Share
  $ (0.55
)
  $ (0.73
)
  $ (0.54
)
  $ (2.12
)
*include impairment charge of $50,872,734.
 
 
F- 31

 
 
2014
 
 
Predecessor
 
 
Successor
 
 
 
Three Months
ended
March 31
 
 
Three Months
ended
June 30
 
 
Three Months
ended
September 30
 
 
Period from October 1 to October 15
 
 
Period from October 16 to December 31
 
                                         
Revenues
  $ 45,795,391     $ 42,380,059     $ 29,846,038     $ 5,128,726     $ 31,089,603  
Total Operating Expenses
    48,615,542       50,489,321       56,081,682       11,302,597       39,351,274  
Operating Loss
    (2,820,151
)
    (8,109,262
)
    (26,235,644
)
    (6,173,871
)
    (8,261,671
)
Net Loss
    (22,589,886
)
    (44,660,059
)
    (45,857,654
)
    (418,695,658
)
    (11,548,728
)
                                         
Basic Loss Per Share
  $ (1.32
)
  $ (2.61
)
  $ (2.39
)
  $ (21.84
)
  $ (0.31
)
Diluted Loss Per Share
  $ (1.32
)
  $ (2.61
)
  $ (2.39
)
  $ (21.84
)
  $ (0.31
)