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Net Loss Per Share (Tables)
6 Months Ended
Jun. 30, 2013
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following is a summary of the basic and diluted net loss per share computation for the three and six months ended June 30, 2013 and 2012 (amounts in thousands, expect for shares and per share data):  
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2013
 
2012
 
2013
 
2012
Net loss from continuing operations attributable to stockholders
 
$
(51,713
)
 
$
(6,918
)
 
$
(189,686
)
 
$
(11,624
)
Less: dividends declared on preferred shares
 
(158
)
 
(70
)
 
(315
)
 
(70
)
Net loss from continuing operations attributable to common stockholders
 
(51,871
)
 
(6,988
)
 
(190,001
)
 
(11,694
)
Net income (loss) from discontinued operations attributable to common stockholders
 
34

 
(152
)
 
73

 
(474
)
Net loss attributable to common stockholders
 
$
(51,837
)
 
$
(7,140
)
 
$
(189,928
)
 
$
(12,168
)
 
 
 
 
 
 
 
 
 
Weighted average common shares outstanding (1)
 
162,368,538

 
68,312,582

 
157,904,082

 
45,961,046

Basic and diluted net loss per share from continuing operations attributable to common stockholders
 
$
(0.32
)
 
$
(0.10
)
 
$
(1.20
)
 
$
(0.25
)
Basic and diluted net loss per share from discontinued operations attributable to common stockholders
 
$

 
$

 
$

 
$
(0.01
)
Basic and diluted net loss per share attributable to common stockholders
 
$
(0.32
)
 
$
(0.10
)
 
$
(1.20
)
 
$
(0.26
)
_______________________________________________
(1) Weighted average shares for the six months ended June 30, 2013 are adjusted on a pro forma basis as if the purchase of 27.7 million shares of ARCT III common stock for cash, purchased in conjunction with the ARCT III Merger, had been completed at the beginning of the period. Weighted average shares for the six months ended June 30, 2013, excluding this pro forma adjustment, were 166,694,122 and net loss per share was $1.14 per share, basic and diluted.