XML 15 R4.htm IDEA: XBRL DOCUMENT v3.22.2.2
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues        
Revenues $ 230,365 $ 99,174 $ 434,120 $ 237,352
Expenses        
Operating expenses 27,393 15,339 108,197 34,191
Cost of sales 95,948 5,367 120,139 8,577
General and administrative 3,354 3,679 11,821 9,618
Acquisition and transaction expenses 2,848 6,583 8,340 12,626
Management fees and incentive allocation to affiliate 4 16 4 704
Depreciation and amortization 34,853 36,237 115,461 106,374
Asset impairment 4,495 859 128,171 3,048
Interest expense 40,171 50,096 132,197 115,598
Total expenses 209,066 118,176 624,330 290,736
Other (expense) income        
Equity in losses of unconsolidated entities (358) (369) (125) (1,050)
Gain on sale of assets, net 0 12,685 79,933 17,467
Loss on extinguishment of debt (19,861) 0 (19,861) (3,254)
Other (expense) income (1,038) (1,341) 208 (717)
Total other (expense) income (21,257) 10,975 60,155 12,446
Income (loss) from continuing operations before income taxes 42 (8,027) (130,055) (40,938)
Provision for income taxes 4,189 485 7,357 824
Net loss from continuing operations (4,147) (8,512) (137,412) (41,762)
Net loss from discontinued operations, net of income taxes (14,782) (30,931) (101,416) (69,165)
Net loss (18,929) (39,443) (238,828) (110,927)
Less: Net loss attributable to non-controlling interests in consolidated subsidiaries:        
Continuing operations 0 0 0 0
Discontinued operations (2,871) (7,363) (18,817) (18,949)
Less: Dividends on preferred shares 6,791 6,791 20,373 17,967
Net loss attributable to shareholders $ (22,849) $ (38,871) $ (240,384) $ (109,945)
Basic        
Continuing operations (in dollars per share) $ (0.11) $ (0.17) $ (1.59) $ (0.69)
Discontinued operations (in dollars per share) (0.12) (0.27) (0.83) (0.58)
Diluted        
Continuing operations (in dollars per share) (0.11) (0.17) (1.59) (0.69)
Discontinued operations (in dollars per share) $ (0.12) $ (0.27) $ (0.83) $ (0.58)
Weighted average shares outstanding:        
Basic (in shares) 99,378,771 88,277,897 99,372,016 86,787,072
Diluted (in shares) 99,378,771 88,277,897 99,372,016 86,787,072