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EARNINGS PER SHARE (Tables)
 12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Calculation of Basic and Diluted Weighted Average Shares Outstanding Earnings Per Share
The following table sets forth the calculation of basic and diluted weighted average shares outstanding and earnings per share for the indicated periods (in thousands, except per share amounts):
 
Year Ended December 31,
 
2016
 
2015
 
2014
Income (numerator):
 
 
 
 
 
Basic:
 
 
 
 
 
Net loss
$
(590,586
)
 
$
(1,090,915
)
 
$
(189,543
)
Net income attributable to participating securities
—

 
—

 
—

Net loss attributable to common stock - basic
$
(590,586
)
 
$
(1,090,915
)
 
$
(189,543
)
Diluted:
 
 
 
 
 
Net loss
$
(590,586
)
 
$
(1,090,915
)
 
$
(189,543
)
Net income attributable to participating securities
—

 
—

 
—

Net loss attributable to common stock - diluted
$
(590,586
)
 
$
(1,090,915
)
 
$
(189,543
)
Weighted average shares (denominator):
 
 
 
 
 
Weighted average shares - basic
5,591

 
5,525

 
5,272

Dilutive effect of stock options
—

 
—

 
—

Weighted average shares - diluted
5,591

 
5,525

 
5,272

Basic loss per share
$
(105.63
)
 
$
(197.45
)
 
$
(35.95
)
Diluted loss per share
$
(105.63
)
 
$
(197.45
)
 
$
(35.95
)