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EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2015
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table sets forth the computation of basic and diluted income (loss) per common share (in thousands, except for per share amounts):
 
Three Months Ended 
 June 30,
Six Months Ended 
 June 30,
 
2015
2014
2015
2014
Numerator:
 
 
 
 
Loss from continuing operations, net of income taxes
$
(243,164
)
$
(18,611
)
$
(259,069
)
$
(43,867
)
Loss from discontinued operations, net of income taxes
(1,644
)
(1,207
)
(5,412
)
(1,265
)
Net loss
$
(244,808
)
$
(19,818
)
$
(264,481
)
$
(45,132
)
Accrued dividends on Series A Preferred Stock
(1,805
)

(2,258
)

Deemed dividend on Series A Preferred Stock
(2,186
)

(3,350
)

Loss attributable to common stockholders
$
(248,799
)
$
(19,818
)
$
(270,089
)
$
(45,132
)
 
 
 
 
 
Denominator - Basic and Diluted:
 

 

 

 

Weighted average number of common shares outstanding
68,698

68,468

68,668

68,354

 
 
 
 
 
Loss per Common Share:
 
 
 
 
Loss from continuing operations, basic and diluted
$
(3.60
)
$
(0.27
)
$
(3.85
)
$
(0.64
)
Loss from discontinuing operations, basic and diluted
(0.02
)
(0.02
)
(0.08
)
(0.02
)
Net loss, basic and diluted
$
(3.62
)
$
(0.29
)
$
(3.93
)
$
(0.66
)