17.

Earnings Per Share

The net (loss) income available for common stockholders and (loss) earnings per common share presented in the table below excludes the results of operations of the Dropdown Predecessor (see Note 1).


	Year Ended December 31,
	2011			2010			2009
Net (loss) income		(113,075	)		(23,142	)		55,460
Net loss (income) attributable to the Dropdown Predecessor		104,010			38,704			(18,690	)

Net (loss) income available for common stockholders		(9,065	)		15,562			36,770

Weighted-average number of common shares		60,770,525			42,330,038			28,643,836

Common shares and common share equivalents outstanding at the end of year		61,876,744			51,986,744			32,000,000

(Loss) earnings per common share:
– Basic and diluted		(0.15	)		0.37			1.28