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STOCKHOLDER'S EQUITY (Tables)
 9 Months Ended
Sep. 30, 2020
Equity [Abstract]  
Schedule of Stock by Class
The following table presents the Successor Company's Class A Common Stock, Class B Common Stock and Special Warrants issued and outstanding as of September 30, 2020:
September 30,
2020
(Unaudited)
Successor Class A Common Stock, par value $.001 per share, 1,000,000,000 shares authorized
63,447,152 
Successor Class B Common Stock, par value $.001 per share, 1,000,000,000 shares authorized
6,893,636 
Successor Special Warrants76,051,430 
  Total Successor Class A Common Stock, Class B Common Stock and Special Warrants issued146,392,218 
Computation of Income (Loss) Per Share
(In thousands, except per share data)Successor Company
Three Months Ended September 30,
 20202019
NUMERATOR:  
Net income (loss) attributable to the Company – common shares$(32,112)$12,374 
DENOMINATOR(1):
 
Weighted average common shares outstanding - basic146,152 145,720 
  Stock options and restricted stock(2):
— 120 
Weighted average common shares outstanding - diluted146,152 145,840 
Net income (loss) attributable to the Company per common share: 
Basic$(0.22)$0.08 
Diluted$(0.22)$0.08 
(In thousands, except per share data)Successor CompanyPredecessor Company
Nine Months Ended September 30,Period from May 2, 2019 through September 30,Period from January 1, 2019 through May 1,
202020192019
NUMERATOR:
Net income (loss) attributable to the Company – common shares$(1,918,165)$51,167 $11,184,141 
Exclude:
Income from discontinued operations, net of tax$— $— $1,685,123 
  Noncontrolling interest from discontinued operations, net of tax - common shares
— — 19,028 
Total income from discontinued operations, net of tax - common shares$— $— $1,704,151 
Income (loss) from continuing operations$(1,918,165)$51,167 $9,479,990 
DENOMINATOR(1):
Weighted average common shares outstanding - basic145,911 145,543 86,241 
Stock options and restricted stock(2):
— 112 — 
Weighted average common shares outstanding - diluted145,911 145,655 86,241 
Net income (loss) attributable to the Company per common share:
From continuing operations - Basic$(13.15)$0.35 $109.92 
From discontinued operations - Basic$— $— $19.76 
From continuing operations - Diluted$(13.15)$0.35 $109.92 
From discontinued operations - Diluted$— $— $19.76 
(1)All of the outstanding Special Warrants are included in both the basic and diluted weighted average common shares outstanding of the Successor Company for the three months ended September 30, 2020, the period from May 2, 2019 through September 30, 2019 and the nine months ended September 30, 2020.
(2)Outstanding equity awards representing 9.6 million, 8.1 million, 5.6 million and 8.5 million shares of Class A common stock of the Successor Company for the three months ended September 30, 2020, the three months ended September 30, 2019, the period from May 2, 2019 through September 30, 2019 and the nine months ended September 30, 2020 were not included in the computation of diluted earnings per share because to do so would have been antidilutive. Outstanding equity awards representing 5.9 million shares of Class A common stock of the Predecessor Company for the period from January 1, 2019 through May 1, 2019 were not included in the computation of diluted earnings per share because to do so would have been antidilutive.