Annual report pursuant to Section 13 and 15(d)

Note 14 - Earnings Per Share - Schedule of Basic and Diluted (Loss) Earnings Per Common Share (Details)

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Note 14 - Earnings Per Share - Schedule of Basic and Diluted (Loss) Earnings Per Common Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
 3 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Net income $ 9,559 [1] $ 75,899 [1] $ 36,389 [1] $ (47,761) [1] $ 138,844 [1] $ 46,260 [1] $ 36,083 [1] $ 27,640 [1] $ 74,086 $ 248,827 $ 79,682
Less portion allocated to nonvested shares                 1,371 9,727 3,244
Net income allocated to common shares                 $ 72,715 $ 239,100 $ 76,438
Weighted average common shares outstanding (in shares)                 140,583 139,002 137,617
Basic and diluted earnings per common share (in dollars per share) $ 0.07 $ 0.53 $ 0.25 $ (0.34) $ 0.96 $ 0.32 $ 0.25 $ 0.19 $ 0.52 $ 1.72 $ 0.56
[1] During 2019, we recorded a derivative loss (gain) of $48.9 million, ($1.8) million, ($5.9) million, and $18.7 million in the first, second, third and fourth quarters, respectively. During 2019, we recorded income tax expense (benefit) of $0.2 million, ($11.7) million, ($55.5) million and ($5.9) million in the first, second, third and fourth quarters, respectively. During the fourth quarter of 2018, we recorded a gain on debt transactions of $47.1 million and a derivative gain of $59.7 million. See Note 2, Note 9 and Note 13 for additional information.