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Income Taxes Reconciliation of Statutory Federal Income Tax Rate and Effective Tax Rate (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Investments, Owned, Federal Income Tax Note [Line Items]      
Federal income tax rate 21.00% 35.00%  
Valuation allowance $ 36.2    
Operating Loss Carryforwards     $ 75.7
Alternative minimum tax $ (148.4)   126.0
Deferred Tax Assets, Tax Credit Carryforwards     $ 50.3
Federal income taxes statutory rate 21.00% 35.00% 35.00%
Increase (decrease) in rate as a result of:      
State income taxes, net of federal income tax benefit(1) (0.70%) (40.10%) [1] 2.40%
Federal rate change(2) 0.00% 741.30% [2] 0.00%
State rate change 0.00% 2.10% (1.10%)
Permanent adjustments (0.10%) (0.40%) 0.00%
Return to provision adjustment (0.10%) (0.70%) 0.00%
Uncertain tax provision (federal rate change) 0.00% (7.70%) 0.00%
AMT Credit Reclass due to NOL Carryback(3) 3.80% [3] (1.80%) 0.00%
Effective income tax rate 23.90% 727.70% 36.30%
[1] State income taxes changed significantly from prior years mainly due to the change in valuation allowance recorded during 2017 of $36.2 million.
[2] The Tax Legislation changed the federal corporate income tax rate from 35% to 21% starting in 2018. The rate change caused the Company to revalue its deferred tax liabilities and assets as of December 31, 2017 from a 35% to 21% federal corporate income tax rate which caused the majority of the change in rate.
[3] In 2018, QEP agreed to an IRS proposed change to the initial treatment of the 2016 carryback of net operating losses. This change resulted in a reduction of available net operating loss carryforwards valued at $75.7 million and an increase in alternative minimum tax (AMT) credit carryforwards of $126.0 million. The net change in value of $50.3 million was recorded in deferred income taxes.