Emergence from Bankruptcy

6 Months Ended

Jun. 30, 2018

Emergence from Bankruptcy [Abstract]

Emergence from Bankruptcy

2. Emergence from Bankruptcy

On October 15, 2015, the Company and its subsidiaries voluntarily filed for reorganization under Chapter 11 of the Bankruptcy Code, in the United States Bankruptcy Court for the Southern District of New York. The Plan of Reorganization became effective on June 30, 2016, whereupon the Company emerged from bankruptcy and implemented the terms of such plan. The Company applied fresh start accounting as of June 30, 2016.