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Summary Quarterly Financial Data (Tables)
12 Months Ended
Dec. 31, 2013
Quarterly Financial Information Disclosure [Abstract]  
Summary of Quarterly Financial Data

Unaudited summary quarterly financial data for the year ended December 31, 2013 was as follows:

 

     2013  
     First     Second     Third      Fourth  
     Quarter     Quarter (a)     Quarter      Quarter  
     (Unaudited)  

Total revenues

   $ 238,610      $ 411,292      $ 538,389       $ 271,959   
  

 

 

   

 

 

   

 

 

    

 

 

 

Operating (loss) income

   $ (35,873   $ 30,980      $ 205,594       $ 505   
  

 

 

   

 

 

   

 

 

    

 

 

 

Net (loss) income

   $ (40,360   $ (15,854   $ 120,199       $ (13,507
  

 

 

   

 

 

   

 

 

    

 

 

 

(Loss) earnings per share:

         

Net (loss) income per share, basic

   $ (0.49   $ (0.18   $ 1.34       $ (0.15
  

 

 

   

 

 

   

 

 

    

 

 

 

Net (loss) income per share, diluted

   $ (0.49   $ (0.18   $ 1.33       $ (0.15
  

 

 

   

 

 

   

 

 

    

 

 

 

 

(a) During the second quarter of 2013, the Company recorded $50,072 in fees related to the termination of the 2009 Advisory Agreement and $32,429 related to a loss on early extinguishment of debt and write-off of discounts and deferred financing costs.

 

     2012  
     First     Second      Third      Fourth  
     Quarter     Quarter      Quarter      Quarter  
     (Unaudited)  

Total revenues

   $ 212,442      $ 425,882       $ 522,255       $ 263,173   
  

 

 

   

 

 

    

 

 

    

 

 

 

Operating (loss) income

   $ (48,279   $ 93,086       $ 183,862       $ (1,880
  

 

 

   

 

 

    

 

 

    

 

 

 

Net (loss) income

   $ (45,134   $ 39,120       $ 92,257       $ (8,799
  

 

 

   

 

 

    

 

 

    

 

 

 

(Loss) earnings per share:

          

Net (loss) income per share, basic

   $ (0.55   $ 0.47       $ 1.12       $ (0.11
  

 

 

   

 

 

    

 

 

    

 

 

 

Net (loss) income per share, diluted

   $ (0.55   $ 0.47       $ 1.11       $ (0.11