Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v2.4.0.8
Earnings Per Share (Tables)
 3 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
The following table presents a reconciliation of the earnings and shares used in calculating basic and diluted earnings per share, or EPS, for the three months ended March 31, 2014 and 2013:
 
Three Months Ended March 31,
(in thousands, except share data)
2014
 
2013
Numerator:
 
 
 
Net (loss) income from continuing operations
$
(29,145
)
 
$
142,339

Income from discontinued operations
—

 
1,377

Net (loss) income attributable to common stockholders
$
(29,145
)
 
$
143,716

Denominator:
 
 
 
Weighted average common shares outstanding
363,913,721

 
305,259,599

Weighted average restricted stock shares
1,698,169

 
25,323

Basic weighted average shares outstanding
365,611,890

 
305,284,922

Dilutive weighted average warrants
—

 
1,678,789

Diluted weighted average shares outstanding
365,611,890

 
306,963,711

Basic (Loss) Earnings Per Share:
 
 
 
Continuing operations
$
(0.08
)
 
$
0.47

Discontinued operations
—

 
—

Net (loss) income
$
(0.08
)
 
$
0.47

Diluted (Loss) Earnings Per Share:
 
 
 
Continuing operations
$
(0.08
)
 
$
0.47

Discontinued operations
—

 
—

Net (loss) income
$
(0.08
)
 
$
0.47