Selected Quarterly Financial Data

12 Months Ended

Dec. 31, 2016

Selected Quarterly Financial Data

Selected Quarterly Financial Data

Note 20. Selected Quarterly Financial Data (Unaudited)

        The following table presents selected quarterly financial data derived from the Company's unaudited interim financial statements. The following data is only a summary and should be read with the Company's historical consolidated financial statements and related notes contained in this document.

	First Quarter			Second Quarter			Third Quarter			Fourth Quarter(1)
	(in thousands, except per share amounts)
2016 (Successor)
Total revenues	$	—		$	—		$	—		$	48,525
Operating income		—			—			—			10,673
Net income		—			—			—			9,930
Net income available to common shareholders		—			—			—			9,650
Net income per share:
Basic and Diluted	$	—		$	—		$	—		$	0.39
Shares used in computation:
Basic and Diluted		—			—			—			25,009
2016 (Predecessor)
Total revenues	$	51,961		$	62,559		$	64,193		$	14,514
Operating income (loss)		(135,119	)		(52,759	)		(12,944	)		(4,101	)
Net income (loss)		(179,274	)		8,962			(38,384	)		1,531,775
Net loss available to common shareholders		(179,274	)		8,864			(38,384	)		1,515,351
Net loss per share:
Basic and Diluted	$	(16.88	)	$	0.83		$	(3.60	)	$	142.19
Shares used in computation:
Basic and Diluted		10,621			10,653			10,657			10,657
2015 (Predecessor)
Total revenues	$	111,198		$	74,754		$	110,363		$	68,830
Operating loss		(166,101	)		(553,584	)		(453,790	)		(470,328	)
Net loss		(193,554	)		(598,437	)		(494,342	)		(510,862	)
Net loss available to common shareholders		(193,685	)		(599,106	)		(494,490	)		(510,862	)
Net loss per share:
Basic and Diluted	$	(28.80	)	$	(88.44	)	$	(72.34	)	$	(48.48	)
Shares used in computation:
Basic and Diluted		6,726			6,774			6,835			10,537

(1)           Fourth quarter for the 2016 Predecessor Period is for the period October 1, 2016 through October 20, 2016. Fourth quarter for the 2016 Successor Period is the period October 21, 2016 through December 31, 2016.