Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations

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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Revenues    
LNG terminal revenues $ 66,061 $ 67,260
Marketing and trading revenues (565) 2,658
Oil and gas sales 410 550
Other 0 6
Total revenues 65,906 70,474
Operating costs and expenses    
General and administrative expense 85,798 19,993
Depreciation, depletion and amortization 15,113 16,290
LNG terminal and pipeline operating expense 15,259 11,557
LNG terminal and pipeline development expense 17,088 21,819
Other 102 94
Total operating costs and expenses 133,360 69,753
Income (loss) from operations (67,454) 721
Other income (expense)    
Interest expense, net (40,262) (58,350)
Loss on early extinguishment of debt 0 (507)
Derivative loss, net (17,468) (836)
Other income 475 125
Total other expense (57,255) (59,568)
Loss before income taxes and non-controlling interest (124,709) (58,847)
Income tax benefit (provision) 80 (6)
Net loss (124,629) (58,853)
Non-controlling interest 7,524  
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest (6,844) (2,438)
Net loss attributable to common stockholders $ (117,105) $ (56,415)
Net loss per share attributable to common stockholders - basic and diluted (US$ per share) $ (0.54) $ (0.43)
Weighted average number of common shares outstanding - basic and diluted (shares) 215,634 131,107