10-Q Filing

TALOS ENERGY INC. CIK: 1724965 Q1 2021

Filing Information

Form Type	10-Q
Accession Number	`0001564590-21-024239`
Period End Date	20210331
Filing Date	20210506
Fiscal Year	2021
Fiscal Period	Q1
XBRL Instance	talo-10q_20210331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 100 Income Statement 33 Cash Flow Statement 64 Stockholders Equity 23

Balance Sheet 100 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	30.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	30.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$64.98M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$34.23M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Trade, net	`AccountsReceivableNetCurrent`	$106.22M	USD	Point-in-time
Trade, net	`AccountsReceivableNetCurrent`	$135.41M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Joint interest, net	`OilAndGasJointInterestBillingReceivablesCurrent`	$42.02M	USD	Point-in-time
Joint interest, net	`OilAndGasJointInterestBillingReceivablesCurrent`	$50.47M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	270.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	270.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	81.71M	shares	Point-in-time
Other	`AccountsAndOtherReceivablesNetCurrent`	$18.45M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	81.28M	shares	Point-in-time
Other	`AccountsAndOtherReceivablesNetCurrent`	$13.37M	USD	Point-in-time
Assets from price risk management activities	`DerivativeAssetsCurrent`	$1.72M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	81.71M	shares	Point-in-time
Assets from price risk management activities	`DerivativeAssetsCurrent`	$6.88M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	81.28M	shares	Point-in-time
Prepaid assets	`PrepaidExpenseCurrent`	$29.29M	USD	Point-in-time
Prepaid assets	`PrepaidExpenseCurrent`	$32.73M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$1.86M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$1.76M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$247.39M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$292.00M	USD	Point-in-time
Proved properties	`CapitalizedCostsProvedProperties`	$4.95B	USD	Point-in-time
Proved properties	`CapitalizedCostsProvedProperties`	$5.00B	USD	Point-in-time
Unproved properties, not subject to amortization	`CapitalizedCostsUnprovedProperties`	$266.32M	USD	Point-in-time
Unproved properties, not subject to amortization	`CapitalizedCostsUnprovedProperties`	$254.99M	USD	Point-in-time
Other property and equipment	`PropertyPlantAndEquipmentOther`	$32.85M	USD	Point-in-time
Other property and equipment	`PropertyPlantAndEquipmentOther`	$33.09M	USD	Point-in-time
Total property and equipment	`PropertyPlantAndEquipmentGross`	$5.23B	USD	Point-in-time
Total property and equipment	`PropertyPlantAndEquipmentGross`	$5.30B	USD	Point-in-time
Accumulated depreciation, depletion and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$2.80B	USD	Point-in-time
Accumulated depreciation, depletion and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$2.70B	USD	Point-in-time
Total property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.54B	USD	Point-in-time
Total property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.50B	USD	Point-in-time
Assets from price risk management activities	`DerivativeAssetsNoncurrent`	$2.12M	USD	Point-in-time
Assets from price risk management activities	`DerivativeAssetsNoncurrent`	$945.00K	USD	Point-in-time
Other well equipment inventory	`CapitalizedCostsWellsAndRelatedEquipmentAndFacilities`	$20.07M	USD	Point-in-time
Other well equipment inventory	`CapitalizedCostsWellsAndRelatedEquipmentAndFacilities`	$18.93M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$6.72M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$6.86M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$21.46M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$24.26M	USD	Point-in-time
Total assets	`Assets`	$2.83B	USD	Point-in-time
Total assets	`Assets`	$2.84B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$72.77M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$104.86M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$163.38M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$140.55M	USD	Point-in-time
Accrued royalties	`AccruedRoyaltiesCurrent`	$42.74M	USD	Point-in-time
Accrued royalties	`AccruedRoyaltiesCurrent`	$27.90M	USD	Point-in-time
Current portion of asset retirement obligations	`AssetRetirementObligationCurrent`	$45.48M	USD	Point-in-time
Current portion of asset retirement obligations	`AssetRetirementObligationCurrent`	$49.92M	USD	Point-in-time
Liabilities from price risk management activities	`DerivativeLiabilitiesCurrent`	$66.01M	USD	Point-in-time
Liabilities from price risk management activities	`DerivativeLiabilitiesCurrent`	$133.17M	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrent`	$20.41M	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrent`	$9.51M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$1.93M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$1.79M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$25.19M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$24.16M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$482.24M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$447.53M	USD	Point-in-time
Long-term debt, net of discount and deferred financing costs	`LongTermDebtNoncurrent`	$1.05B	USD	Point-in-time
Long-term debt, net of discount and deferred financing costs	`LongTermDebtNoncurrent`	$985.51M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$406.69M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$392.35M	USD	Point-in-time
Liabilities from price risk management activities	`DerivativeLiabilitiesNoncurrent`	$27.62M	USD	Point-in-time
Liabilities from price risk management activities	`DerivativeLiabilitiesNoncurrent`	$9.62M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$18.02M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$18.55M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$54.37M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$48.62M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.03B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.91B	USD	Point-in-time
Commitments and contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.01 par value; 30,000,000 shares authorized and no shares issued or outstanding as of March 31, 2021 and December 31, 2020	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value; 30,000,000 shares authorized and no shares issued or outstanding as of March 31, 2021 and December 31, 2020	`PreferredStockValue`	-	USD	Point-in-time
Common stock $0.01 par value; 270,000,000 shares authorized; 81,707,214 and 81,279,989 shares issued and outstanding as of March 31, 2021 and December 31, 2020, respectively	`CommonStockValue`	$813.00K	USD	Point-in-time
Common stock $0.01 par value; 270,000,000 shares authorized; 81,707,214 and 81,279,989 shares issued and outstanding as of March 31, 2021 and December 31, 2020, respectively	`CommonStockValue`	$817.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.66B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.66B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-855.50M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-734.01M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.08B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$807.15M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.39B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$926.60M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$2.84B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$2.83B	USD	Point-in-time

Income Statement 33 line items

Line Item	Tag	Value	Unit	Period
Total revenues and other	`Revenues`	$187.76M	USD	1 Quarter
Total revenues and other	`Revenues`	$267.91M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$93.54M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$101.66M	USD	1 Quarter
Write-down of oil and natural gas properties	`ImpairmentOfOilAndGasProperties`	$57.00K	USD	1 Quarter
Accretion expense	`AssetRetirementObligationAccretionExpense`	$14.98M	USD	1 Quarter
Accretion expense	`AssetRetirementObligationAccretionExpense`	$12.42M	USD	1 Quarter
General and administrative expense	`GeneralAndAdministrativeExpense`	$19.19M	USD	1 Quarter
General and administrative expense	`GeneralAndAdministrativeExpense`	$27.47M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$203.28M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$191.98M	USD	1 Quarter
Operating income (expense)	`OperatingIncomeLoss`	$64.63M	USD	1 Quarter
Operating income (expense)	`OperatingIncomeLoss`	$-4.21M	USD	1 Quarter
Interest expense	`InterestExpense`	$34.08M	USD	1 Quarter
Interest expense	`InterestExpense`	$25.85M	USD	1 Quarter
Price risk management activities income (expense)	`GainLossFromPriceRiskManagementActivity`	$-137.51M	USD	1 Quarter
Price risk management activities income (expense)	`GainLossFromPriceRiskManagementActivity`	$243.22M	USD	1 Quarter
Other expense	`OtherNonoperatingIncomeExpense`	$-146.00K	USD	1 Quarter
Other expense	`OtherNonoperatingIncomeExpense`	$-13.95M	USD	1 Quarter
Net income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$213.01M	USD	1 Quarter
Net income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-120.91M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$584.00K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$55.26M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$157.75M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-121.49M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$2.71	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-1.49	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$2.69	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-1.49	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	81.44M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	58.24M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	58.57M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	81.44M	shares	1 Quarter

Cash Flow Statement 64 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$157.75M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-121.49M	USD	1 Quarter
Depreciation, depletion, amortization and accretion expense	`DepreciationDepletionAmortizationAndAccretionExpense`	$116.64M	USD	1 Quarter
Depreciation, depletion, amortization and accretion expense	`DepreciationDepletionAmortizationAndAccretionExpense`	$105.96M	USD	1 Quarter
Write-down of oil and natural gas properties and other well inventory	`ImpairmentOfOilAndGasPropertiesAndOtherWellEquipment`	$190.00K	USD	1 Quarter
Amortization of deferred financing costs and original issue discount	`AmortizationOfFinancingCostsAndDiscounts`	$3.14M	USD	1 Quarter
Amortization of deferred financing costs and original issue discount	`AmortizationOfFinancingCostsAndDiscounts`	$1.47M	USD	1 Quarter
Equity based compensation, net of amounts capitalized	`ShareBasedCompensation`	$2.66M	USD	1 Quarter
Equity based compensation, net of amounts capitalized	`ShareBasedCompensation`	$1.63M	USD	1 Quarter
Price risk management activities expense (income)	`GainLossFromPriceRiskManagementActivity`	$-137.51M	USD	1 Quarter
Price risk management activities expense (income)	`GainLossFromPriceRiskManagementActivity`	$243.22M	USD	1 Quarter
Net cash received (paid) on settled derivative instruments	`NetCashReceivedPaidFromPriceRiskManagementActivity`	$36.46M	USD	1 Quarter
Net cash received (paid) on settled derivative instruments	`NetCashReceivedPaidFromPriceRiskManagementActivity`	$-48.38M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-13.22M	USD	1 Quarter
Settlement of asset retirement obligations	`AssetRetirementObligationCashPaidToSettle`	$6.30M	USD	1 Quarter
Settlement of asset retirement obligations	`AssetRetirementObligationCashPaidToSettle`	$10.12M	USD	1 Quarter
Gain on sale of assets	`GainLossOnDispositionOfAssets1`	$319.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$17.11M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$11.58M	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-18.32M	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$3.35M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-18.55M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-10.98M	USD	1 Quarter
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$13.34M	USD	1 Quarter
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$5.33M	USD	1 Quarter
Other non-current assets and liabilities, net	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$-194.00K	USD	1 Quarter
Other non-current assets and liabilities, net	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$-54.77M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$110.23M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$66.96M	USD	1 Quarter
Exploration, development and other capital expenditures	`PaymentsToExploreAndDevelopOilAndGasProperties`	$64.75M	USD	1 Quarter
Exploration, development and other capital expenditures	`PaymentsToExploreAndDevelopOilAndGasProperties`	$83.59M	USD	1 Quarter
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$8.32M	USD	1 Quarter
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$293.10M	USD	1 Quarter
Proceeds from sale of oil and gas properties	`ProceedsFromSaleOfOilAndGasPropertyAndEquipment`	$330.00K	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-376.68M	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-72.74M	USD	1 Quarter
Issuance of Senior Notes	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$600.50M	USD	1 Quarter
Redemption of Senior Notes and other long-term debt	`RepaymentsOfSeniorNotesAndOtherLongTermDebt`	$356.80M	USD	1 Quarter
Proceeds from Bank Credit Facility	`ProceedsFromBankDebt`	$300.00M	USD	1 Quarter
Repayment of Bank Credit Facility	`RepaymentsOfBankDebt`	$175.00M	USD	1 Quarter
Deferred financing costs	`PaymentsOfFinancingCosts`	$19.39M	USD	1 Quarter
Deferred financing costs	`PaymentsOfFinancingCosts`	$1.28M	USD	1 Quarter
Other deferred payments	`OtherDeferredPayments`	$5.58M	USD	1 Quarter
Other deferred payments	`OtherDeferredPayments`	$7.58M	USD	1 Quarter
Payments of finance lease	`FinanceLeasePrincipalPayments`	$5.06M	USD	1 Quarter
Payments of finance lease	`FinanceLeasePrincipalPayments`	$4.05M	USD	1 Quarter
Employee stock transactions	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$710.00K	USD	1 Quarter
Employee stock transactions	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.15M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$286.38M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$36.53M	USD	1 Quarter
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$30.75M	USD	1 Quarter
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$19.93M	USD	1 Quarter
Balance, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$106.95M	USD	Point-in-time
Balance, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$64.98M	USD	Point-in-time
Balance, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$87.02M	USD	Point-in-time
Balance, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$34.23M	USD	Point-in-time
Balance, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$106.95M	USD	Point-in-time
Balance, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$64.98M	USD	Point-in-time
Balance, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$87.02M	USD	Point-in-time
Balance, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$34.23M	USD	Point-in-time
Capital expenditures included in accounts payable and accrued liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$65.75M	USD	1 Quarter
Capital expenditures included in accounts payable and accrued liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$66.71M	USD	1 Quarter
Interest paid, net of amounts capitalized	`InterestPaidNet`	$13.71M	USD	1 Quarter
Interest paid, net of amounts capitalized	`InterestPaidNet`	$4.91M	USD	1 Quarter

Stockholders Equity 23 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$1.08B	USD	Point-in-time
Balance	`StockholdersEquity`	$807.15M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.39B	USD	Point-in-time
Balance	`StockholdersEquity`	$926.60M	USD	Point-in-time
Balance, shares	`CommonStockSharesOutstanding`	81.71M	shares	Point-in-time
Balance, shares	`CommonStockSharesOutstanding`	81.28M	shares	Point-in-time
Balance, shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Balance, shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Equity based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.38M	USD	1 Quarter
Equity based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.19M	USD	1 Quarter
Shares withheld for taxes on equity transactions	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$710.00K	USD	1 Quarter
Shares withheld for taxes on equity transactions	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.15M	USD	1 Quarter
Issuances of preferred shares (Note 2)	`StockIssuedDuringPeriodValueNewIssues`	$156.20M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$157.75M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-121.49M	USD	1 Quarter
Balance	`StockholdersEquity`	$1.08B	USD	Point-in-time
Balance	`StockholdersEquity`	$807.15M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.39B	USD	Point-in-time
Balance	`StockholdersEquity`	$926.60M	USD	Point-in-time
Balance, shares	`CommonStockSharesOutstanding`	81.71M	shares	Point-in-time
Balance, shares	`CommonStockSharesOutstanding`	81.28M	shares	Point-in-time
Balance, shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Balance, shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.