Unaudited Quarterly Financial Data

12 Months Ended

Dec. 31, 2011

Unaudited Quarterly Financial Data

Unaudited Quarterly Financial Data

NOTE 20: Unaudited Quarterly Financial Data

Summarized quarterly financial data for 2011 and 2010 are as follows (in thousands, except per share data):

	Quarter Ended
2011	March 31			June 30			September 30			December 31
Total revenue	$	187,637		$	145,548		$	206,052		$	224,492
Loss from operations	$	(21,484	)	$	(27,950	)	$	(52,102	)	$	(106,762	)
Change in fair value of derivative liabilities	$	4,443		$	4,529		$	22,409		$	1,919
Interest expense, net of interest income	$	(11,149	)	$	(12,941	)	$	(10,951	)	$	(12,499	)
Net loss	$	(28,771	)	$	(39,436	)	$	(42,105	)	$	(111,741	)
Loss applicable to common stockholders	$	(30,974	)	$	(41,707	)	$	(44,438	)	$	(114,132	)
Loss per common share:
Basic and diluted	$	(1.74	)	$	(2.34	)	(2.44		)	(6.03		)
Weighted average common shares outstanding:
Basic and diluted	17,824			17,838			18,225			18,943

	Quarter Ended
2010	March 31			June 30			September 30			December 31
Total revenue	$	105,748		$	119,548		$	134,020		$	198,818
Loss from operations	$	(18,208	)	$	(29,039	)	$	(25,603	)	$	(19,206	)
Change in fair value of derivative liabilities	$	1,107		$	3,715		$	(3,452	)	$	(7,785	)
Interest expense, net of interest income	$	(10,005	)	$	(9,014	)	$	(9,560	)	$	(9,248	)
Net loss	$	(28,759	)	$	(37,789	)	$	(36,249	)	$	(35,887	)
Loss applicable to common stockholders	$	(31,151	)	$	(39,605	)	$	(38,566	)	$	(38,212	)
Loss per common share:
Basic and diluted	$	(1.84	)	$	(2.24	)	$	(2.18	)	$	(2.15	)
Weighted average common shares outstanding:
Basic and diluted	16,915			17,679			17,698			17,746