Summary Quarterly Financial Data (Tables)

12 Months Ended

Dec. 31, 2014

Quarterly Financial Information Disclosure [Abstract]

Summary of Quarterly Financial Data

Unaudited summary quarterly financial data for the years ended December 31, 2014 and 2013 was as follows:

	2014
	First Quarter			Second Quarter		Third Quarter		Fourth Quarter (a)
	(Unaudited)
Total revenues	$	212,290		$	405,151	$	495,834	$	264,537
Operating (loss) income	$	(59,408	)	$	80,587	$	161,915	$	(22,497	)
Net (loss) income	$	(49,217	)	$	37,406	$	87,176	$	(25,446	)
(Loss) earnings per share:
Net (loss) income per share, basic	$	(0.56	)	$	0.43	$	1.01	$	(0.29	)
Net (loss) income per share, diluted	$	(0.56	)	$	0.43	$	1.00	$	(0.29	)

	2013
	First Quarter			Second Quarter (b)			Third Quarter		Fourth Quarter
	(Unaudited)
Total revenues	$	238,610		$	411,292		$	538,389	$	271,959
Operating (loss) income	$	(35,873	)	$	27,647		$	205,594	$	505
Net (loss) income	$	(39,951	)	$	(15,900	)	$	120,740	$	(12,969	)
(Loss) earnings per share:
Net (loss) income per share, basic	$	(0.48	)	$	(0.18	)	$	1.35	$	(0.14	)
Net (loss) income per share, diluted	$	(0.48	)	$	(0.18	)	$	1.34	$	(0.14	)

^(a)  During the fourth quarter of 2014, the Company recorded $10,371 in restructuring and other related costs incurred in connection with the restructuring program which the Company implemented in December 2014. Also during the fourth quarter of 2014, the Company recorded $2,574 in separation costs representing costs incurred pursuant to the previously announced separation of the Company’s Chief Executive Officer and President on January 15, 2015.

^(b) During the second quarter of 2013, the Company recorded $50,072 in fees related to the termination of the 2009 Advisory Agreement and $29,858 related to a loss on early extinguishment of debt and write-off of discounts and deferred financing costs.