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Supplemental Quarterly Financial Information
12 Months Ended
Dec. 31, 2011
Supplemental Quarterly Financial Information [Abstract]  
Supplemental Quarterly Financial Information

Note 17 — Supplemental Quarterly Financial Information (Unaudited)

(In Thousands, Except Per Share Amounts)

 

     First
Quarter
    Second
Quarter
    Third
Quarter
    Fourth
Quarter
 

2011

        

Revenues

   $ 166,500      $ 172,883      $ 170,135      $ 177,690   

Costs, expenses and other (1)

     144,894        177,906        124,441        87,275   

Income (loss) from operations

     21,606        (5,023     45,694        90,415   

Net loss attributable to common shareholders

     (119,547     (56,852     (5,591     (28,492

Net loss per share attributable to common shareholders (2):

        

Basic

     (2.34     (1.11     (0.11     (0.56

Diluted

     (2.34     (1.11     (0.11     (0.56

2010

        

Revenues

   $ 93,029      $ 101,099      $ 102,121      $ 141,748   

Costs, expenses and other (1)

     76,715        116,513        91,773        192,172   

Income (loss) from operations

     16,314        (15,414     10,348        (50,424

Net loss attributable to common shareholders (3)

     (886     (82,919     (58,350     (206,642

Net loss per share attributable to common shareholders (2):

        

Basic

     (0.02     (1.63     (1.15     (4.06

Diluted

     (0.02     (1.63     (1.15     (4.06

(1) Included here is impairment of oil and gas properties the most significant amounts of which are in the second quarter of 2011 and fourth quarter of 2010 when impairment was $45.7 million and $48.2 million, respectively.
(2) The sum of the per share amounts per quarter does not equal the total for the year due to changes in the average number of common shares outstanding.
(3) In the second quarter of 2010, we refinanced our long-term debt and recognized a loss on debt extinguishment of $78.2 million. Also in the second quarter of 2010, we completed construction of the ATP Titan and therefore ceased capitalizing related interest costs.