Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands |
3 Months Ended | 6 Months Ended | ||||
|---|---|---|---|---|---|---|
Jun. 30, 2016 |
Jun. 30, 2015 |
Jun. 30, 2016 |
Jun. 30, 2015 |
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| Revenues | ||||||
| Regasification revenues | $ 65,622 | $ 66,489 | $ 131,173 | $ 133,291 | ||
| LNG revenues (losses) | 110,735 | (706) | 113,439 | (44) | ||
| Other revenues | 470 | 2,242 | 1,296 | 3,147 | ||
| Total revenues | 176,827 | 68,025 | 245,908 | 136,394 | ||
| Operating costs and expenses | ||||||
| Cost of sales (excluding depreciation and amortization expense shown separately below) | 85,709 | 1,444 | 100,216 | 2,137 | ||
| Operating and maintenance expense | 45,562 | 17,727 | 81,879 | 53,433 | ||
| Development expense | 1,616 | 16,609 | 3,163 | 32,705 | ||
| Marketing expense | 26,225 | 20,379 | 51,203 | 33,425 | ||
| General and administrative expense | 61,409 | 87,477 | 109,333 | 132,448 | ||
| Depreciation and amortization expense | 32,781 | 20,154 | 56,870 | 37,923 | ||
| Impairment expense (recovery) | (71) | 0 | 10,095 | 176 | ||
| Other | 50 | 109 | 162 | 265 | ||
| Total operating costs and expenses | 253,281 | 163,899 | 412,921 | 292,512 | ||
| Loss from operations | (76,454) | (95,874) | (167,013) | (156,118) | ||
| Other income (expense) | ||||||
| Interest expense, net of capitalized interest | (105,967) | (85,486) | (182,304) | (145,098) | ||
| Loss on early extinguishment of debt | (55,315) | (7,281) | (56,772) | (96,273) | ||
| Derivative gain (loss), net | (90,621) | 46,049 | (271,555) | (80,641) | ||
| Other income (expense) | (6,930) | 283 | (6,001) | 655 | ||
| Total other expense | (258,833) | (46,435) | (516,632) | (321,357) | ||
| Loss before income taxes and non-controlling interest | [1] | (335,287) | (142,309) | (683,645) | (477,475) | |
| Income tax benefit (provision) | 343 | 507 | (273) | (171) | ||
| Net loss | (334,944) | (141,802) | (683,918) | (477,646) | ||
| Less: net loss attributable to non-controlling interest | (36,526) | (23,307) | (64,662) | (91,442) | ||
| Net loss attributable to common stockholders | $ (298,418) | $ (118,495) | $ (619,256) | $ (386,204) | ||
| Net loss per share attributable to common stockholders—basic and diluted | $ (1.31) | $ (0.52) | $ (2.71) | $ (1.71) | ||
| Weighted average number of common shares outstanding—basic and diluted | 228,323 | 226,481 | 228,231 | 226,405 | ||
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- Definition Total costs related to goods produced and sold during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements. Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period. Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. No definition available.
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- Definition Aggregate net gain (loss) on all derivative instruments recognized in earnings during the period, before tax effects. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of Net Income (Loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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- Definition Revenue from the sale of oil and gas during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Excludes Selling, General and Administrative Expense. No definition available.
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- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
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- References No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. No definition available.
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- Definition The charge against earnings resulting from the write down of long lived assets other than goodwill due to the difference between the carrying value and lower fair value. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The total amount of other operating cost and expense items that are associated with the entity's normal revenue producing operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount, after sales adjustments, returns, allowances, and discounts, of revenue classified as other. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The aggregate costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility, and costs allocated in accounting for a business combination to in-process projects deemed to have no alternative future use. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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- Definition Aggregate revenue during the period from services rendered in the normal course of business, after deducting allowances and discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The aggregate total amount of expenses directly related to the marketing or selling of products or services. No definition available.
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- Definition Average number of shares or units issued and outstanding that are used in calculating basic and diluted earnings per share (EPS). No definition available.
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