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Earnings per Share (Tables)
9 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]
The following table details the weighted-average anti-dilutive securities for the periods presented:
 
For the Three Months Ended September 30,
 
For the Nine Months Ended September 30,
 
2016
 
2015
 
2016
 
2015
 
(in thousands)
Weighted-average common shares excluded from diluted earnings per share due to their anti-dilutive effect:
 
 
 
 
 
 
 
Unvested RSUs and contingent PSUs
506

 

 
193

 
380

Schedule of calculation of basic and diluted earnings per share
The following table sets forth the calculations of basic and diluted earnings per share:
 
For the Three Months Ended September 30,
 
For the Nine Months Ended September 30,
 
2016
 
2015
 
2016
 
2015
 
(in thousands, except per share amounts)
Net income (loss)
$
(40,907
)
 
$
3,114

 
$
(556,798
)
 
$
(107,452
)
Basic weighted-average common shares outstanding
78,468

 
67,961

 
71,574

 
67,638

Add: dilutive effect of unvested RSUs and contingent PSUs

 
158

 

 

Diluted weighted-average common shares outstanding
78,468

 
68,119

 
71,574

 
67,638

Basic net income (loss) per common share
$
(0.52
)
 
$
0.05

 
$
(7.78
)
 
$
(1.59
)
Diluted net income (loss) per common share
$
(0.52
)
 
$
0.05

 
$
(7.78
)
 
$
(1.59
)