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Earnings Per Share
9 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share
The following table sets forth the computation of unaudited basic and diluted loss per share (in thousands, except share data):
 
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
2016
 
2015
 
2016
 
2015
 
 
(Unaudited)
 
(Unaudited)
Numerator (both basic and diluted):
 
 

 
 
 
 

 
 
Net loss
 
$
(92,097
)
 
$
(105,642
)
 
$
(265,319
)
 
$
(186,561
)
Denominator:
 
 
 
 
 
 
 
 
  Denominator for basic loss per share
 
42,689,773

 
40,168,406

 
41,957,755

 
40,458,557

Denominator for diluted loss per share
 
42,689,773

 
40,168,406

 
41,957,755

 
40,458,557

Basic loss per common share:
 
$
(2.16
)
 
$
(2.63
)
 
$
(6.32
)
 
$
(4.61
)
Diluted loss per common share:
 
$
(2.16
)
 
$
(2.63
)
 
$
(6.32
)
 
$
(4.61
)

 
Unvested restricted stock shares of approximately 1,371,098 and 826,597 were excluded from the computation of diluted loss per share for the three month and nine months ended September 30, 2016, respectively, and stock options and unvested restricted stock of 395,938 and 634,541 were excluded in the computation of diluted loss per share for the three and nine months ended September 30, 2015, respectively, as the effect would have been anti-dilutive.