Income Taxes (Tables)

9 Months Ended

Sep. 30, 2023

Income Tax Disclosure [Abstract]

Schedule of provision for income taxes

The provision for income taxes for the three and nine months ended September 30, 2023, and 2022, consisted of the following:

	For the Three Months Ended September 30,						For the Nine Months Ended September 30,
	2023			2022			2023			2022
	(in thousands)
Current portion of income tax expense:
Federal	$	(3,923)		$	(7,014)		$	(6,732)		$	(11,287)
State	(1,173)			(2,317)			(1,716)			(4,668)
Deferred portion of income tax (expense) benefit	51,075			(110,048)			(43,171)			(202,996)
Income tax (expense) benefit	$	45,979		$	(119,379)		$	(51,619)		$	(218,951)
Effective tax rate	(26.1)		%	19.9		%	8.3		%	20.4		%