XML 54 R38.htm IDEA: XBRL DOCUMENT v3.7.0.1
Long-Term Debt (Tables)
12 Months Ended
Dec. 31, 2016
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt
Long-term debt consists of the following (in thousands):
 
 
Successor
 
 
Predecessor
 
 
December 31,
 
 
December 31,
 
 
2016
 
 
2015
Credit Facilities:
 
 
 
 
 
Term Loan
 
$
164,175

 
 
$

7.75% Senior Notes due 2019
 

 
 
475,000

7.75% Senior Notes due 2022
 

 
 
300,000

Capital leases and other notes
 
78,046

 
 
111,063

Unamortized discounts (premiums)
 
(19,001
)
 
 
(8,748
)
 
 
223,220

 
 
877,315

Less current portion
 
38,468

 
 
48,651

Long-term debt
 
$
184,752

 
 
$
828,664

Debt Maturities Including Capital Leases
As of December 31, 2016 the aggregate maturities of debt, including capital leases, for the next five years and thereafter are as follows (in thousands):
 
 
Debt
 
Capital Leases
2017
 
$
1,650

 
$
39,345

2018
 
1,650

 
33,646

2019
 
1,650

 
8,168

2020
 
1,650

 
1,123

2021
 
157,575

 

Thereafter
 

 

 
 
$
164,175

 
$
82,282

Schedule of Interest Expense
Basic’s interest expense consisted of the following (in thousands):
 
 
Predecessor
 
 
Years ended December 31,
 
 
2016
 
2015
 
2014
Cash payments for interest
 
$
49,621

 
$
61,587

 
$
61,873

Commitment and other fees paid
 
2,898

 
2,484

 
2,767

Amortization of debt issuance costs and premium on senior secured notes
 
9,295

 
3,362

 
2,934

Change in accrued interest
 
34,719

 
563

 
(269
)
Capitalized interest
 

 
(139
)
 
(349
)
Other
 
92

 
107

 
86

Total interest expense
 
$
96,625

 
$
67,964

 
$
67,042