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Income Taxes (Tables)
6 Months Ended
Jun. 30, 2016
Income Tax Disclosure [Abstract]  
Schedule of provision for income taxes
The provision for income taxes consists of the following:

 
For the Three Months Ended June 30,
 
For the Six Months Ended June 30,
 
2016
 
2015
 
2016
 
2015
 
(in thousands)
Current portion of income tax expense (benefit):
 
 
 
 
 
 
 
Federal
$

 
$

 
$

 
$

State
77

 
10,126

 
241

 
10,400

Deferred portion of income tax benefit
(95,975
)
 
(50,829
)
 
(291,014
)
 
(84,556
)
Total income tax benefit
$
(95,898
)
 
$
(40,703
)
 
$
(290,773
)
 
$
(74,156
)
Effective tax rate
36.2
%
 
41.4
%
 
36.0
%
 
40.1
%