Earnings (Loss) Per Share (Tables)

6 Months Ended

12 Months Ended

Jun. 30, 2014

Dec. 31, 2013

Earnings Per Share [Abstract]

Reconciliation of Numerators and Denominators of Basic and Diluted Earnings (Loss) Per Share Computations

The following is a reconciliation of the numerators and denominators of the basic and diluted earnings (loss) per share computations shown on the consolidated statements of comprehensive income (loss) (dollars in thousands):

	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2014			2013			2014			2013
Basic earnings (loss) per share
Net income (loss)	$	(12,929	)	$	143,232		$	4,448		$	170,981
Less: Net income allocated to unvested participating securities		—			(2,351	)		(34	)		(2,831	)
Net income (loss) available to common stockholders (numerator)	$	(12,929	)	$	140,881		$	4,414		$	168,150
Weighted-average common shares outstanding (denominator)		37,673			36,925			37,552			36,902
Basic earnings (loss) per share	$	(0.34	)	$	3.82		$	0.12		$	4.56
Diluted earnings (loss) per share
Net income (loss)	$	(12,929	)	$	143,232		$	4,448		$	170,981
Less: Net income allocated to unvested participating securities		—			(2,310	)		(33	)		(2,778	)
Net income (loss) available to common stockholders (numerator)	$	(12,929	)	$	140,922		$	4,415		$	168,203
Weighted-average common shares outstanding		37,673			36,925			37,552			36,902
Add: Effect of dilutive stock options, non-participating securities, and convertible notes		—			660			522			711
Diluted weighted-average common shares outstanding (denominator)		37,673			37,585			38,074			37,613
Diluted earnings (loss) per share	$	(0.34	)	$	3.75		$	0.12		$	4.47

The following is a reconciliation of the numerators and denominators of the basic and diluted earnings (loss) per share computations shown on the consolidated statements of comprehensive income (loss) (dollars in thousands):

	For the Years Ended December 31,
	2013			2012			2011
Basic earnings (loss) per share
Net income (loss)	$	253,467		$	(22,134	)	$	(66,397	)
Less: Net income allocated to unvested participating securities		(3,719	)		—			—
Net income (loss) available to common stockholders (numerator)		249,748			(22,134	)		(66,397	)
Weighted-average common shares outstanding (denominator)		37,003			30,397			27,593
Basic earnings (loss) per share	$	6.75		$	(0.73	)	$	(2.41	)
Diluted earnings (loss) per share
Net income (loss)	$	253,467		$	(22,134	)	$	(66,397	)
Less: Net income allocated to unvested participating securities		(3,651	)		—			—
Net income (loss) available to common stockholders (numerator)		249,816			(22,134	)		(66,397	)
Weighted-average common shares outstanding		37,003			30,397			27,593
Add: Effect of dilutive stock options and convertible notes		698			—			—
Diluted weighted-average common shares outstanding (denominator)		37,701			30,397			27,593
Diluted earnings (loss) per share	$	6.63		$	(0.73	)	$	(2.41	)