Earnings per Share (Tables)

12 Months Ended

Dec. 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 Year Ended
	December 31,
	2020			2019
Net income (loss)	$	(464,030	)	$	(35,197	)
Less: Net income (loss) allocated to participating restricted stockholders		—			—
Basic and diluted earnings available to common stockholders	$	(464,030	)	$	(35,197	)
Common shares:
Common shares outstanding — basic		37,612			29,301
Dilutive effect of potential common shares		—			—
Common shares outstanding — diluted		37,612			29,301
Net earnings (loss) per share:
Basic	$	(12.34	)	$	(1.20	)
Diluted	$	(12.34	)	$	(1.20	)
Antidilutive warrants (1)		2,174			9,154

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