Earnings per Share (Tables)

3 Months Ended

Mar. 31, 2020

Earnings Per Share [Abstract]

Calculation of Earnings (Loss) per Share

The following sets forth the calculation of earnings (loss) per share, or EPS, for the periods indicated (in thousands, except per share amounts):

	For the Three Months Ended
	March 31,
	2020			2019
Net loss	$	(367,199	)	$	(31,477	)
Less: Net income allocated to participating restricted stockholders		—			—
Basic and diluted earnings available to common stockholders	$	(367,199	)	$	(31,477	)
Common shares/units:
Common shares outstanding — basic		37,568			22,179
Dilutive effect of potential common shares		—			—
Common shares outstanding — diluted		37,568			22,179
Net earnings per share:
Basic	$	(9.77	)	$	(1.42	)
Diluted	$	(9.77	)	$	(1.42	)
Antidilutive warrants (1)		9,154			2,174

(1) Amount represents warrants to purchase common stock that are excluded from the diluted net earnings per share calculations because of their antidilutive effect.