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Income (Loss) per Share (Tables)
 6 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Income (Loss) Per Share The following table sets forth the computation of basic and diluted income (loss) per share (in thousands, except per share amounts):
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2020
 
2019
 
2020
 
2019
Net income (loss)
$
(40,560
)
 
$
28,169

 
$
(262,897
)
 
$
89,261

Less: Undistributed income allocated to participating securities (1)
—

 
324

 
—

 
1,021

Net income (loss) attributable to common stockholders
(40,560
)
 
27,845

 
(262,897
)
 
88,240

Plus: Net income effect of convertible securities
—

 
—

 
—

 
8,897

Numerator for diluted income (loss) per common share
$
(40,560
)
 
$
27,845

 
$
(262,897
)
 
$
97,137

 
 
 
 
 
 
 
 
Basic weighted-average common stock shares outstanding
53,265

 
49,960

 
53,246

 
49,529

Plus: dilutive effects of common stock equivalents (2)
—

 
114

 
—

 
6,051

Diluted weighted-average common stock shares outstanding
53,265

 
50,074

 
53,246

 
55,580

 
 
 
 
 
 
 
 
Basic income (loss) per common share
$
(0.76
)
 
$
0.56

 
$
(4.94
)
 
$
1.78

Diluted income (loss) per common share
$
(0.76
)
 
$
0.56

 
$
(4.94
)
 
$
1.75

________________________________________________________
(1)
Participating securities include restricted stock that had been issued but has not yet vested during the three and six months ended June 30, 2019. These participating securities were fully vested as of December 31, 2019.
(2)
Entities with a net loss from continuing operations are prohibited from including potential common shares in the computation of diluted per share amounts. We have utilized the basic shares outstanding to calculate both basic and diluted loss per common share for the three and six months ended June 30, 2020.