Income Taxes

6 Months Ended

Jun. 30, 2015

Income Tax Disclosure Abstract

Income Tax Disclosure [Text Block]

15. Income Taxes

Our income (loss) before income tax provision and earnings from unconsolidated affiliates is earned solely in the U.S. The following table summarizes income taxes (dollars in thousands):

		Three Months Ended						Six Months Ended
	June 30,						June 30,
	2015			2014			2015			2014
Income tax benefit (expense)	$	9,866		$	3,489		$	10,146		$	9,979
Effective tax rate		15.6	%		57.3	%		14.9	%		35.3	%

Our statutory income tax rate, including state income taxes, is 37%. Thedifferencebetweenthestatutoryincometaxrateandoureffectivetaxratefor the three and sixmonthsended June 30,2015isdueprimarilyto the impact of the lower equity-based compensation tax deduction for shares that vested during the period and the impact of the goodwill impairment, which is not deductible for tax purposes.