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Consolidated Statement of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenue      
Total revenue $ 158,420 $ 126,862 $ 760,848
Operating costs and expenses      
Operating costs 150,668 149,084 156,893
General and administrative 20,539 21,022 128,548
Depreciation 56,242 69,216 73,820
Loss on impairment 0 128,876 0
Total operating costs and expenses 227,449 368,198 359,261
(Loss) income from operations (69,029) (241,336) 401,587
Other income (expense)      
Interest income 124 871 116,368
Interest expense and other financing charges (34,034) (34,041) (46,575)
Other, net (2,171) 2,646 216
Total other (expense) income (36,081) (30,524) 70,009
(Loss) income before income taxes (105,110) (271,860) 471,596
Income tax provision 5,141 4,897 15,121
Net (loss) income (110,251) (276,757) 456,475
Net (loss) income attributable to noncontrolling interests (114) (38) 741
Net (loss) income attributable to shareholders $ (110,137) $ (276,719) $ 455,734
(Loss) earnings per share      
Basic and Diluted $ (8.40) $ (21.10) $ (28.29)
Contract Drilling Services      
Revenue      
Total revenue $ 131,703 $ 112,013 $ 144,571
Contract Termination Revenue      
Revenue      
Total revenue 0 0 594,029
Reimbursables and Other      
Revenue      
Total revenue $ 26,717 $ 14,849 $ 22,248