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Quarterly Results of Operations (Unaudited)
12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Results of Operations (Unaudited)
QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)
(in thousands, except per common share data)
For the Year Ended December 31, 2015
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter(1)
Net revenue
$
250,910

 
$
409,239

 
$
279,765

 
$
272,387

(Loss) income from operations
(1,558
)
 
55,044

 
4,203

 
7,508

Basic net (loss) income per common share
$
(0.09
)
 
$
3.12

 
$
0.24

 
$
0.44

Diluted net (loss) income per common share
$
(0.09
)
 
$
3.10

 
$
0.24

 
$
0.43

(in thousands, except per common share data)
For the Year Ended December 31, 2014
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
Net revenue
$
167,141

 
$
303,472

 
$
173,483

 
$
168,122

(Loss) income from operations
(700
)
 
57,333

 
3,531

 
(13,807
)
Basic net (loss) income per common share
$
(0.04
)
 
$
3.23

 
$
0.21

 
$
(0.81
)
Diluted net (loss) income per common share
$
(0.04
)
 
$
3.21

 
$
0.20

 
$
(0.81
)
(1)
Refer to Note 12—Director and Employee Benefit Plans for discussion of an out of period adjustment during the fourth quarter of 2015.