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Basis of Presentation (Tables)
3 Months Ended
Mar. 31, 2020
Accounting Policies [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table sets forth the calculations of basic and diluted earnings (loss) per share:
 
 
Three Months Ended March 31,
(in thousands, except per share amounts)
 
2020
 
2019
Net (loss) income
 
$
(1,893
)
 
$
14,402

Less: Dividends and undistributed income (loss) allocated to participating securities
 
(2
)
 
20

(Loss) income attributable to common stockholders
 
$
(1,891
)
 
$
14,382

 
 
 
 
 
Basic weighted-average common shares outstanding
 
17,932

 
18,268

Add: dilutive effect of equity instruments
 

 
165

Diluted weighted-average shares outstanding
 
17,932

 
18,433

(Loss) earnings per share - basic
 
$
(0.11
)
 
$
0.79

(Loss) earnings per share - diluted
 
$
(0.11
)
 
$
0.78