Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY

v3.3.1.900
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Preferred Stock
Common Stock
Additional Paid-In Capital
Accumulated Deficit
Noncontrolling Interest
Total
Beginning balance, shares at Dec. 31, 2012 927,000 9,789,000        
Beginning balance, value at Dec. 31, 2012 $ 1 $ 10 $ 582,861 $ (830,310) $ 20,345 $ 72,907
Stock-based compensation expense - restricted stock and options to employees and directors, net of cancellations, shares   600,000        
Stock-based compensation expense - restricted stock and options to employees and directors, net of cancellations, value   $ 1 1,696     1,697
Shares issued on convertible notes, shares issued   4,446,000        
Shares issued on convertible notes, value   $ 4 18,551     18,555
Shares issued on senior notes, shares issued   500,000        
Shares issued on senior notes, value     2,000     2,000
Warrant exercises, shares issued   280,000        
Warrant exercises, value     2,317     2,317
Shares issued as payment of prior unpaid Series B preferred dividends, shares   511,000        
Shares issued as payment of prior unpaid Series B preferred dividends, value   $ 1 2,192     2,193
Pension plan adjustment           0
Purchases of interests in PE Op Co.     11,940   (14,281) (2,341)
Preferred stock dividends       (1,265)   (1,265)
Net income (loss)       (781) (381) (1,162)
Ending balance, shares at Dec. 31, 2013 927,000 16,126,000        
Ending balance, value at Dec. 31, 2013 $ 1 $ 16 621,557 (532,356) 5,683 94,901
Stock-based compensation expense - restricted stock and options to employees and directors, net of cancellations, shares   90,000        
Stock-based compensation expense - restricted stock and options to employees and directors, net of cancellations, value     1,890     1,890
Issuance of common stock, shares   1,750,000        
Issuance of common stock, value   $ 2 26,071     26,073
Warrant exercises, shares issued   6,413,000        
Warrant exercises, value   $ 6 85,156     85,162
Shares issued as payment of prior unpaid Series B preferred dividends, shares   120,000        
Shares issued as payment of prior unpaid Series B preferred dividends, value   $ 1 1,462     1,463
Pension plan adjustment           0
Purchases of interests in PE Op Co.     (79)   (5,921) (6,000)
Tax impact of purchases of interests in PE Op Co.     (10,244)     (10,244)
Preferred stock dividends       (1,265)   (1,265)
Net income (loss)       21,289 4,713 26,002
Ending balance, shares at Dec. 31, 2014 927,000 24,499,000        
Ending balance, value at Dec. 31, 2014 $ 1 $ 25 725,813 (512,332) 4,475 217,982
Stock-based compensation expense - restricted stock and options to employees and directors, net of cancellations, shares   216,000        
Stock-based compensation expense - restricted stock and options to employees and directors, net of cancellations, value     1,475     1,475
Warrant exercises, shares issued   42,000        
Warrant exercises, value     440     440
Aventine acquisition, shares issued   17,758,000        
Aventine acquisition, value   $ 18 174,555     174,573
Pension plan adjustment           1,040
Purchases of interests in PE Op Co.     560   (4,388) (3,828)
Preferred stock dividends       (1,265)   (1,265)
Net income (loss)       (18,786) (87) (18,873)
Ending balance, shares at Dec. 31, 2015 927,000 42,515,000        
Ending balance, value at Dec. 31, 2015 $ 1 $ 43 $ 902,843 $ (532,383) $ 0 $ 371,544