Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2016

Earnings Per Share [Abstract]

Schedule of Earnings Per Share Basic and Diluted

The following sets forth the computation of basic and diluted earnings per share under the two-class method:

(Thousands, except per share data)	Year Ended December 31, 2016			Period from April 24 - December 31, 2015
Basic earnings per share:
Numerator:
Net (loss) income	$	(212	)	$	24,870
Less: Income allocated to participating securities		(1,557	)		(1,152	)
Dividends declared on convertible preferred stock		(1,743	)		-
Amortization of discount on convertible preferred stock		(1,985	)		-
Net (loss) income applicable to common shares	$	(5,497	)	$	23,718
Denominator:
Basic weighted-average common shares outstanding		152,473			149,835
Basic (loss) earnings per common share	$	(0.04	)	$	0.16

(Thousands, except per share data)	Year Ended December 31, 2016			Period from April 24 - December 31, 2015
Diluted earnings per share:
Numerator:
Net (loss) income	$	(212	)	$	24,870
Less: Income allocated to participating securities		(1,557	)		(1,152	)
Dividends declared on convertible preferred stock		(1,743	)		-
Amortization of discount on convertible preferred stock		(1,985	)		-
Net (loss) income applicable to common shares	$	(5,497	)	$	23,718
Denominator:
Basic weighted-average common shares outstanding		152,473			149,835
Effect of dilutive non-participating securities		—			—
Weighted-average shares for dilutive earnings per common share		152,473			149,835
Dilutive (loss) earnings per common share	$	(0.04	)	$	0.16