Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2017

Accounting Policies [Abstract]

Schedule of earnings (loss) per share

The following table summarizes the earnings (loss) per share calculation (in thousands, except per share amount):

	For the Three Months Ended June 30,						For the Six Months Ended June 30,
		2017			2016			2017		2016
Basic earnings per share Numerator:
Net Loss	$	(1,860	)	$	(2,078	)	$	(2,779	)	$	(2,127	)
Deemed capital contribution on extinguishment of preferred stock		—			31,480			—			31,480
Net income (loss) available to common stockholders	$	(1,860	)	$	29,402		$	(2,779	)	$	29,353
Denominator:
Weighted average number of common shares outstanding,		49,58,159			30,60,455			49,51,083			28,83,160
Earnings per basic share:
Net Loss		(0.38	)		(0.68	)		(0.56	)		(0.74	)
Deemed capital contribution on extinguishment of preferred stock		—			10.29			—			10.92
Net income (loss) available to common stockholders	$	(0.38	)	$	9.61		$	(0.56	)	$	10.18
Dilutive earnings per share Numerator:
Net Loss	$	(1,860	)	$	(2,078	)	$	(2,779	)	$	(2,127	)
Deemed capital contribution on extinguishment of preferred stock		—			31,480			—			31,480
Net income (loss) available to common stockholders	$	(1,860	)	$	29,402		$	(2,779	)	$	29,353
Denominator:
Weighted average basic shares outstanding, Weighted average effect of dilutive securities		49,58,159			30,60,455			49,51,083			28,83,160
Employee stock options		—			1,646			—			684
Convertible preferred stock		—			1,23,482			—			2,59,601
Restricted stock units		—			7,644			—			3,577
Weighted average diluted shares outstanding		49,58,159			31,93,227			49,51,083			31,47,022
Earnings per diluted share:
Net Loss	$	(0.38	)	$	(0.65	)	$	(0.56	)	$	(0.68	)
Deemed capital contribution on extinguishment of preferred stock		—			9.86			—			10.00
Net income (loss) available to common stockholders	$	(0.38	)	$	9.21		$	(0.56	)	$	9.32

Schedule of potentially dilute loss per share

Securities that could potentially dilute loss per share in the future that were not included in the computation of diluted loss per share at June 30, 2017 and 2016 are as follows:

	As of June 30,
	2017	2016
Convertible preferred stock	2,926	2,926
Warrants to purchase common stock	1,251,709	1,251,709
Non-vested restricted stock units	—	59,256
Options to purchase common stock	328,716	289,380
Total	1,583,351	1,603,271