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Condensed Consolidated Statement of Stockholders' Equity (Deficit) - USD ($)
$ in Thousands
Additional Paid-in Capital
Retained Earnings (Deficit)
Non-controlling Interest
Class A common stock
Class B common stock
Class C common stock
Total
Balance at Dec. 31, 2017 $ 42,520 $ 7,619 $ 21,252 $ 367 $ 5   $ 71,763
Balance (in shares) at Dec. 31, 2017       36,749,000 50,837,000    
Increase (Decrease) in Stockholders' Equity              
Equity-based compensation 3,218           3,218
Exercise of stock options 137           137
Exercise of stock options (in shares)       6,000      
Non-controlling interest adjustment for capital contribution of proceeds from the exercise of stock options (77)   77        
Vesting of restricted stock units (in shares)       2,000      
Redemption of LLC common units for Class A common stock 1,848   (115) $ 2     1,735
Redemption of LLC common units for Class A common stock (in shares)       173,000 (130,000)    
Distributions to holders of LLC common units     (19,938)       (19,938)
Dividends   (5,662)         (5,662)
Establishment of liabilities under the Tax Receivable Agreement and related changes to deferred tax assets associated with that liability (1,414)           (1,414)
Non-controlling interest adjustment (1,592)   1,592        
Net income (loss)   1,821 11,727       13,548
Balance at Mar. 31, 2018 44,640 5,088 17,071 $ 369 $ 5   67,173
Balance (in shares) at Mar. 31, 2018       36,930,000 50,707,000    
Balance at Dec. 31, 2017 42,520 7,619 21,252 $ 367 $ 5   71,763
Balance (in shares) at Dec. 31, 2017       36,749,000 50,837,000    
Increase (Decrease) in Stockholders' Equity              
Net income (loss)             136,835
Balance at Sep. 30, 2018 43,397 32,656 32,146 $ 371 $ 5   108,575
Balance (in shares) at Sep. 30, 2018       37,057,000 50,707,000    
Increase (Decrease) in Stockholders' Equity              
Adoption of accounting standard (see Note 1 - Summary of Significant Accounting Policies)   1,310 2,476       3,786
Balance at Mar. 31, 2018 44,640 5,088 17,071 $ 369 $ 5   67,173
Balance (in shares) at Mar. 31, 2018       36,930,000 50,707,000    
Increase (Decrease) in Stockholders' Equity              
Equity-based compensation 3,129           3,129
Exercise of stock options 5           5
Non-controlling interest adjustment for capital contribution of proceeds from the exercise of stock options (5)   5        
Vesting of restricted stock units 29   (30) $ 1      
Vesting of restricted stock units (in shares)       77,000      
Disgorgement of short-swing profits by Section 16 officer 557           557
Distributions to holders of LLC common units     (41,573)       (41,573)
Dividends   (5,664)         (5,664)
Non-controlling interest adjustment (2,521)   2,521        
Net income (loss)   24,782 52,350       77,132
Balance at Jun. 30, 2018 45,834 24,206 30,344 $ 370 $ 5   100,759
Balance (in shares) at Jun. 30, 2018       37,007,000 50,707,000    
Increase (Decrease) in Stockholders' Equity              
Equity-based compensation 4,188           4,188
Exercise of stock options 7           7
Exercise of stock options (in shares)       1,000      
Non-controlling interest adjustment for capital contribution of proceeds from the exercise of stock options (4)   4        
Vesting of restricted stock units 44   (44)        
Vesting of restricted stock units (in shares)       10,000      
Repurchases of Class A common stock for withholding taxes on vested RSUs 62           62
Repurchases of Class A common stock for withholding taxes on vested RSUs (in shares)       (3,000)      
Redemption of LLC common units for Class A common stock 223   (38) $ 1     186
Redemption of LLC common units for Class A common stock (in shares)       42,000      
Distributions to holders of LLC common units     (36,838)       (36,838)
Dividends   (5,673)         (5,673)
Establishment of liabilities under the Tax Receivable Agreement and related changes to deferred tax assets associated with that liability (147)           (147)
Non-controlling interest adjustment (6,686)   6,686        
Net income (loss)   14,123 32,032       46,155
Balance at Sep. 30, 2018 43,397 32,656 32,146 $ 371 $ 5   108,575
Balance (in shares) at Sep. 30, 2018       37,057,000 50,707,000    
Balance at Dec. 31, 2018 47,531 (3,370) (11,621) $ 372 $ 5   32,917
Balance (in shares) at Dec. 31, 2018       37,192,364 50,706,629 1  
Increase (Decrease) in Stockholders' Equity              
Equity-based compensation 2,716           2,716
Vesting of restricted stock units (in shares)       1,000      
Redemption of LLC common units for Class A common stock 12           12
Redemption of LLC common units for Class A common stock (in shares)       6,000      
Distributions to holders of LLC common units     (5,534)       (5,534)
Dividends [1]   (5,699)         (5,699)
Establishment of liabilities under the Tax Receivable Agreement and related changes to deferred tax assets associated with that liability (8)           (8)
Non-controlling interest adjustment (1,678)   1,678        
Net income (loss)   (19,395) (7,412)       (26,807)
Balance at Mar. 31, 2019 48,573 (24,759) (16,557) $ 372 $ 5   7,634
Balance (in shares) at Mar. 31, 2019       37,199,000 50,707,000    
Balance at Dec. 31, 2018 47,531 (3,370) (11,621) $ 372 $ 5   32,917
Balance (in shares) at Dec. 31, 2018       37,192,364 50,706,629 1  
Increase (Decrease) in Stockholders' Equity              
Net income (loss)             (39,447)
Balance at Sep. 30, 2019 51,625 (48,872) (68,737) $ 374 $ 5   (65,605)
Balance (in shares) at Sep. 30, 2019       37,377,004 50,706,629 1  
Increase (Decrease) in Stockholders' Equity              
Adoption of accounting standard (see Note 1 - Summary of Significant Accounting Policies)   3,705 6,332       10,037
Balance at Mar. 31, 2019 48,573 (24,759) (16,557) $ 372 $ 5   7,634
Balance (in shares) at Mar. 31, 2019       37,199,000 50,707,000    
Increase (Decrease) in Stockholders' Equity              
Equity-based compensation 3,863           3,863
Vesting of restricted stock units 143   (144) $ 1      
Vesting of restricted stock units (in shares)       96,000      
Repurchases of Class A common stock for withholding taxes on vested RSUs (273)           (273)
Repurchases of Class A common stock for withholding taxes on vested RSUs (in shares)       (22,000)      
Distributions to holders of LLC common units     (32,523)       (32,523)
Dividends [1]   (5,711)         (5,711)
Non-controlling interest adjustment (1,702)   1,702        
Net income (loss)   18,017 34,606       52,623
Balance at Jun. 30, 2019 50,604 (12,453) (12,916) $ 373 $ 5   25,613
Balance (in shares) at Jun. 30, 2019       37,273,000 50,707,000    
Increase (Decrease) in Stockholders' Equity              
Equity-based compensation 2,934           2,934
Vesting of restricted stock units 300   (301) $ 1      
Vesting of restricted stock units (in shares)       152,000      
Repurchases of Class A common stock for withholding taxes on vested RSUs (547)           (547)
Repurchases of Class A common stock for withholding taxes on vested RSUs (in shares)       (48,000)      
Distributions to holders of LLC common units     (22,615)       (22,615)
Dividends [1]   (5,727)         (5,727)
Non-controlling interest adjustment (1,666)   1,666        
Net income (loss)   (30,692) (34,571)       (65,263)
Balance at Sep. 30, 2019 $ 51,625 $ (48,872) $ (68,737) $ 374 $ 5   $ (65,605)
Balance (in shares) at Sep. 30, 2019       37,377,004 50,706,629 1  
[1] The Company declared dividends per share of Class A common stock of $0.15 for each of the three months ended March 31, June 30, and September 30, 2019.