Mark Kozelek's lyrics evoke those introspective, dramatic moments that occur when you're in a relationship or getting over one. In particular, the kind of realizations you have while unable to sleep and staring at the fancy lights in your dining room. You know, kind of like the cover of the album.
Even without all of that in mind, this is still a really lovely cover. I've used it as my desktop background at work for a couple years.