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Loss Per Common Share (Tables)
 3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table summarizes the basic and diluted loss per share calculations (in thousands, except per share amounts):
 
 
Three Months Ended
 
 
March 31,
 
 
2017
 
2016
Numerator - Basic
 
 
 
 
Net loss
 
$
(26,663
)
 
$
(2,408
)
Less: Net loss attributable to noncontrolling interest
 
—

 
1,636

Net loss available to common shareholders
 
$
(26,663
)
 
$
(772
)
Numerator - Diluted
 
 
 
 
Diluted net loss available to common shareholders
 
$
(26,663
)
 
$
(772
)
Denominator
 
 
 
 
Basic weighted average common shares
 
222,564

 
155,244

Diluted weighted average common shares (1)
 
222,564

 
155,244

Loss per common share:
 
 
 
 
Basic
 
$
(0.12
)
 
$
—

Diluted
 
$
(0.12
)
 
$
—

 
 
 
 
 
(1)
Approximate number of shares of potentially convertible preferred stock to common stock up until the time of conversion on August 26, 2016, unvested restricted stock units and stock to be issued pursuant to the employee stock purchase plan have been excluded from the computation of diluted loss per share as the effect would be anti-dilutive when the results from operations are at a net loss.
799

 
54,444