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Quarterly Financial Results (Unaudited) | 12 Months Ended
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Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract] |
Quarterly Financial Results (Unaudited) | Quarterly Financial Results (Unaudited) The Company’s operating results for each quarter of 2019 and 2018 are summarized below (in thousands, except per share data).
| First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter
2019 |  |  |  |  |  |  |
Total revenues | $ | 73,236 |  |  | $ | 75,388 |  |  | $ | 58,369 |  |  | $ | 59,852 |
Loss from operations(1)(2)(3) | $ | (4,261) |  |  | $ | (12,556) |  |  | $ | (181,707) |  |  | $ | (248,243) |
Net loss(1)(2)(3) | $ | (5,277) |  |  | $ | (13,284) |  |  | $ | (181,602) |  |  | $ | (249,142) |
Loss applicable per share to SandRidge Energy, Inc. common stockholders |  |  |  |  |  |  |
Basic | $ | (0.15) |  |  | $ | (0.38) |  |  | $ | (5.12) |  |  | $ | (7.01) |
Diluted | $ | (0.15) |  |  | $ | (0.38) |  |  | $ | (5.12) |  |  | $ | (7.01) |
____________________ (1) Includes loss (gain) on derivative contracts of $0.2 million, $(1.8) million and $0.5 million for the first, third, and fourth quarters, respectively. (2) Includes employee termination benefits of $4.5 million and $0.3 million for the second quarter and fourth quarters, respectively. (3) Includes full cost ceiling limitation impairments of $165.5 million and $244.1 million for the third and fourth quarters, respectively.
| First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter
2018 |  |  |  |  |  |  |
Total revenues | $ | 87,128 |  |  | $ | 79,462 |  |  | $ | 97,660 |  |  | $ | 85,145 |
(Loss) income from operations(1)(2) | $ | (41,967) |  |  | $ | (33,685) |  |  | $ | 12,430 |  |  | $ | 52,847 |
Net (loss) income(1)(2) | $ | (40,894) |  |  | $ | (34,074) |  |  | $ | 11,715 |  |  | $ | 54,178 |
(Loss applicable) income available per share to SandRidge Energy, Inc. common stockholders |  |  |  |  |  |  |
Basic | $ | (1.18) |  |  | $ | (0.97) |  |  | $ | 0.33 |  |  | $ | 1.53 |
Diluted | $ | (1.18) |  |  | $ | (0.97) |  |  | $ | 0.33 |  |  | $ | 1.53 |
____________________ (1) Includes loss (gain) on derivative contracts of $18.3 million, $30.1 million, $11.3 million and $(42.6) million for the first, second, third and fourth quarters, respectively. (2) Includes employee termination benefits of $31.6 million for the first quarter, accelerated vesting of employment compensation of $6.5 million for the second quarter, and proxy contest costs of $7.2 million for the second quarter.

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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -URI http://asc.fasb.org/topic&trid=2126967 + Details
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