Earnings per Common Share (Tables)

6 Months Ended

Jun. 30, 2017

Earnings Per Share [Abstract]

Reconciliation of Numerators and Denominators of Basic and Diluted Loss Per Share Computations

The following table reconciles the numerators and denominators of the basic and diluted loss per share computations (in thousands, except per share data).

	Three Months Ended June 30,						Six Months Ended June 30,
	2017			2016			2017		2016
Basic:
Net income (loss)	$	(14,879	)	$	(16,486	)	$	33,446	$	(35,219	)
Weighted average common shares outstanding		55,388,774			53,594,979			54,949,901		53,412,813
Basic income (loss) per common share	$	(0.27	)	$	(0.31	)	$	0.61	$	(0.66	)
Diluted:
Effect of dilutive securities:
Net income (loss)	$	(14,879	)	$	(16,486	)	$	33,446	$	(35,219	)
Weighted average common shares outstanding		55,388,774			53,594,979			54,949,901		53,412,813
Effect of dilutive options and warrants		—			—			886,868		—
Diluted weighted average common shares outstanding		55,388,774			53,594,979			55,836,769		53,412,813
Diluted income (loss) per common share	$	(0.27	)	$	(0.31	)	$	0.60	$	(0.66	)