EARNINGS PER SHARE (Tables)

12 Months Ended

Dec. 31, 2019

Earnings Per Share [Abstract]

Reconciliation of the numerators and denominators used to calculate basic EPS and diluted EPS

The reconciliation of the numerators and denominators used to calculate basic EPS and diluted EPS for the years ended December 31, 2019, 2018 and 2017 are as follows:

	December 31,
(In thousands, except share and per share data)	2019		2018		2017
Net Income (Loss)	$	(76,318)	$	143,689	$	(9,194)
Less: Cumulative Dividends on Preferred Stock	1,029		—		—
Net Income (Loss) Attributable to Common Stock	$	(77,347)	$	143,689	$	(9,194)
Weighted Average Common Shares Outstanding:
Weighted Average Common Shares Outstanding – Basic	387,084,651		236,206,457		62,408,855
Plus: Dilutive Effect of Stock Options, Restricted Stock and Preferred Shares	—		567,454		—
Weighted Average Common Shares Outstanding – Diluted	387,084,651		236,773,911		62,408,855
Net Income (Loss) per Common Share:
Basic	$	(0.20)	$	0.61	$	(0.15)
Diluted	$	(0.20)	$	0.61	$	(0.15)

Securities excluded from the calculation of diluted weighted average common shares outstanding

The following securities have been excluded from the calculation of diluted weighted average common shares outstanding as the inclusion of these securities would have an anti-dilutive effect:

	December 31,
	2019	2018	2017
Stock Options and Restricted Stock	673,037	50,685	1,109,511
Preferred Shares	7,079,907	—	—
Total	7,752,944	50,685	1,109,511