Income Taxes	3 Months Ended
Mar. 31, 2017
Income Tax Disclosure [Abstract]
Income Taxes	16. Income Taxes The Company’s effective income tax rate was (0.4%) and 46.6% for the three months ended March 31, 2017 and 2016, respectively. The effective income tax rate for the three months ended March 31, 2017 reflects the impact of the $51.6 million realized loss on the sale of the LSC retained shares. The sale generated a capital loss which will be carried forward, however it is more likely than not that the benefit of such deferred tax asset will not be realized and a full valuation allowance was recorded. See Note 2, Discontinued Operations, for additional information regarding the sale of the LSC retained shares. The effective income tax rate for the three months ended March 31, 2016 reflects the impact of income generated in higher taxing jurisdictions and the inability to recognize a tax benefit on certain losses.

Income Taxes

3 Months Ended

Mar. 31, 2017

16. Income Taxes

The Company’s effective income tax rate was (0.4%) and 46.6% for the three months ended March 31, 2017 and 2016, respectively. The effective income tax rate for the three months ended March 31, 2017 reflects the impact of the $51.6 million realized loss on the sale of the LSC retained shares. The sale generated a capital loss which will be carried forward, however it is more likely than not that the benefit of such deferred tax asset will not be realized and a full valuation allowance was recorded. See Note 2, Discontinued Operations, for additional information regarding the sale of the LSC retained shares. The effective income tax rate for the three months ended March 31, 2016 reflects the impact of income generated in higher taxing jurisdictions and the inability to recognize a tax benefit on certain losses.