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Earnings per Share
 12 Months Ended
Dec. 31, 2013
Earnings Per Share [Abstract]  
Earnings per Share
Earnings per Share
The following table provides a reconciliation of the components used in the calculation of basic and diluted earnings per share for the periods presented:
 
Year Ended December 31,
 
2013
 
2012
 
2011
Net loss
$
(143,070
)
 
$
(104,589
)
 
$
(132,915
)
Less: Preferred stock dividends 1
(6,900
)
 
(1,687
)
 
—

Loss attributable to common shareholders - Basic and Diluted
$
(149,970
)
 
$
(106,276
)
 
$
(132,915
)
 
 
 
 
 
 
Weighted-average shares - Basic
62,335

 
47,919

 
45,784

Effect of dilutive securities 2
—

 
—

 
—

Weighted-average shares - Diluted
62,335

 
47,919

 
45,784

______________________
1 Preferred stock dividends were excluded for diluted earnings per share as the assumed conversion of the 6% Preferred Stock would have been anti-dilutive.
2 For 2013, 2012 and 2011, approximately 19.8 million, 19.2 million and 0.1 million potentially dilutive securities, including the 6% Preferred Stock, Convertible Notes, stock options, restricted stock and restricted stock units had the effect of being anti-dilutive and were excluded from the calculation of diluted earnings per common share.