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(Loss) Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Computation of Basic and Diluted (Loss) Earnings per Share under Two-Class Method

The following table sets forth the computation of basic and diluted (loss) earnings per share under the two-class method:

 

 

 

2016

 

 

2015

 

 

2014

 

Numerator for basic and diluted (loss) earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income

 

$

(80,127

)

 

$

(109,544

)

 

$

55,588

 

Effect of reallocating undistributed earnings of

   participating securities

 

 

 

 

 

 

 

 

(376

)

Net (loss) income available under the two-class

   method

 

$

(80,127

)

 

$

(109,544

)

 

$

55,212

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Denominator for basic (loss) earnings per

   share—weighted-average shares

 

 

24,377,839

 

 

 

22,999,318

 

 

 

22,946,395

 

Effect of dilutive potential common shares

 

 

 

 

 

 

 

 

 

Denominator for diluted (loss) earnings per

   share—adjusted weighted-average shares

 

 

24,377,839

 

 

 

22,999,318

 

 

 

22,946,395

 

Basic (loss) earnings per share

 

$

(3.29

)

 

$

(4.76

)

 

$

2.41

 

Diluted (loss) earnings per share

 

$

(3.29

)

 

$

(4.76

)

 

$

2.41