Selected Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2016

Quarterly Financial Information Disclosure [Abstract]

Selected Quarterly Financial Data (Unaudited)

16. Selected Quarterly Financial Data (Unaudited)

The following interim financial information presents the Company’s 2016 and 2015 results of operations on a quarterly basis (in thousands, except per share amounts): 

	Quarter Ended
	March 31, 2016			June 30, 2016		September 30, 2016			December 31, 2016
Total revenue	$	4,030		$	38,979	$	3,794		$	3,878
Net (loss) income		(28,827	)		2,296		(35,051	)		(29,566	)
Net (loss) income per common share, basic		(0.45	)		0.04		(0.54	)		(0.44	)
Net (loss) income per common share, diluted		(0.45	)		0.03		(0.54	)		(0.44	)

	Quarter Ended
	March 31, 2015			June 30, 2015			September 30, 2015		December 31, 2015
Total revenue	$	9,574		$	9,883		$	19,146	$	34,376
Net (loss) income		(16,616	)		(26,260	)		567		3,100
Net (loss) income per common share, basic		(39.97	)		(0.50	)		0.01		0.05
Net (loss) income per common share, diluted		(39.97	)		(0.50	)		0.01		0.04