Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations

v2.4.0.8
Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
 3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Revenues    
LNG terminal revenues $ 66,419 $ 66,061
Marketing and trading revenues (losses) 657 (565)
Other 474 410
Total revenues 67,550 65,906
Operating costs and expenses    
General and administrative expense 73,808 85,798
Depreciation, depletion and amortization 15,475 15,113
LNG terminal operating expense 13,687 15,259
LNG terminal development expense 12,112 17,088
Other 80 102
Total operating costs and expenses 115,162 133,360
Loss from operations (47,612) (67,454)
Other income (expense)    
Interest expense, net (40,270) (40,262)
Derivative loss, net (34,681) (17,468)
Other income 310 475
Total other expense (74,641) (57,255)
Loss before income taxes and non-controlling interest (122,253) (124,709)
Income tax benefit (provision) (92) 80
Net loss (122,345) (124,629)
Less: net loss attributable to non-controlling interest (24,535) (7,524)
Net loss attributable to common stockholders $ (97,810) $ (117,105)
Net loss per share attributable to common stockholders - basic and diluted $ (0.44) $ (0.54)
Weighted average number of common shares outstanding - basic and diluted 223,207 215,634