Reorganization Items, Net

In accordance with ASC 852, Reorganization items incurred as a result of the Chapter 11 Cases were presented separately in the Predecessor Company's Condensed Consolidated Statement of Operations prior to the Company's emergence from Chapter 11. For the Predecessor Company periods presented herein, Reorganization items were as follows (in thousands):



	Predecessor Company
	Period from April 1, 2018 through June 3, 2018			Period from January 1, 2018 through June 3, 2018
Gain on settlement of Liabilities Subject to Compromise ^(a)	$	726,831		$	726,831
Fresh start adjustments ^(b)	(179,291		)	(179,291		)
Professional fees ^(c)	(29,560		)	(54,386		)
Non-cash claims adjustments ^(d)	(15,364		)	(15,364		)
Rejected executory contracts ^(e)	(2,936		)	(5,976		)
Other ^(f)	(3,312		)	(5,613		)
Reorganization Items, net	$	496,368		$	466,201

(a) Liabilities Subject to Compromise have been, or will be settled in accordance with the Plan.

(b) Revaluation of certain assets and liabilities upon the adoption of fresh start accounting.

(d) The carrying value of certain claims were adjusted to the estimated value of the claim that were allowed by the Bankruptcy Court.

(e) Non-cash expenses to record estimated allowed claim amounts related to rejected executory contracts.

(f) Federal Communications Commission filing and United States Trustee fees directly associated with the reorganization process and the write-off of Predecessor director and officer insurance policies.

During the Predecessor Company periods presented herein, the Company made cash payments of approximately $58.4 million for Reorganization items. Costs incurred as a result of the Chapter 11 Cases by the Successor Company subsequent to its emergence from Chapter 11 are classified as restructuring costs within Corporate Expenses in the Successor Company's Condensed Consolidated Statement of Operations.