Income Taxes (Tables)

9 Months Ended

Sep. 30, 2017

Income Tax Disclosure [Abstract]

Schedule of provision for income taxes

The provision for income taxes for the three and nine months ended September 30, 2017, and 2016, consisted of the following:

	For the Three Months Ended   September 30,						For the Nine Months Ended   September 30,
	2017			2016			2017			2016
	(in thousands)
Current portion of income tax benefit (expense):
Federal	$	2,832		$	—		$	—		$	—
State	(230		)	(24		)	(1,633		)	(265		)
Deferred portion of income tax benefit	36,668			23,756			67,458			314,770
Income tax benefit	$	39,270		$	23,732		$	65,825		$	314,505
Effective tax rate	30.6		%	36.7		%	32.8		%	36.1		%