Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS (Unaudited)

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CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Income Statement [Abstract]        
Revenues $ 105,287 $ 185,941 $ 235,790 $ 390,017
Expenses:        
Operating expenses 89,195 143,569 197,312 282,839
Depreciation and amortization 36,317 38,351 72,131 78,890
Total expenses 125,512 181,920 269,443 361,729
Total operating gross margin (20,225) 4,021 (33,653) 28,288
General and administration expense (7,995) (9,511) (17,776) (20,348)
Provision for reduction in carrying value of certain assets 0 2,316 0 2,316
Gain (loss) on disposition of assets, net (2) (138) (62) 2,303
Total operating income (loss) (28,222) (7,944) (51,491) 7,927
Other income and (expense):        
Interest expense (12,187) (11,396) (23,749) (22,474)
Interest income 32 19 39 202
Other (358) (1,529) 2,127 (2,909)
Total other expense (12,513) (12,906) (21,583) (25,181)
Loss before income taxes (40,735) (20,850) (73,074) (17,254)
Income tax expense (benefit) (913) (6,916) 62,583 (7,098)
Net loss (39,822) (13,934) (135,657) (10,156)
Less: Net income attributable to noncontrolling interest 0 95 0 651
Net loss attributable to controlling interest $ (39,822) $ (14,029) $ (135,657) $ (10,807)
Basic loss per share $ (0.32) $ (0.11) $ (1.10) $ (0.09)
Diluted loss per share $ (0.32) $ (0.11) $ (1.10) $ (0.09)
Number of common shares used in computing earnings per share:        
Basic 124,101,349 122,481,425 123,595,793 122,175,511
Diluted 124,101,349 122,481,425 123,595,793 122,175,511