Long-Term Debt and Interest Expense (Tables)

9 Months Ended

Sep. 30, 2017

Debt Disclosure [Abstract]

Long-Term Debt

Long-term debt consisted of the following (in thousands): 

	September 30, 2017			December 31, 2016
Credit facilities:
Term Loan	$	162,938		$	164,175
New ABL Facility	64,000			—
Capital leases and other notes	106,674			78,046
Unamortized discounts, premiums, and deferred debt costs	(13,433		)	(19,001		)
Total principal amount of debt instruments, net	320,179			223,220
Less current portion	50,849			38,468
Long-term debt	$	269,330		$	184,752

Unamortized Discounts on Debt

The following discounts on debt represent the unamortized discount to fair value of our Amended and Restated Term Loan Credit Agreement (the "Term Loan Agreement") and the short-term and long-term portions of the fair value discount of capital leases (in thousands):

	September 30, 2017		December 31, 2016
Unamortized discount on Term Loan	$	9,758	$	11,401
Unamortized discount on Capital Leases - short-term	1,657		1,600
Unamortized discount on Capital Leases - long-term	1,936		6,000
Unamortized deferred debt costs	82		—
	$	13,433	$	19,001

Interest Expense

Basic’s interest expense consisted of the following (in thousands):

	Three Months Ended September 30,					Nine Months Ended September 30,
	2017			2016		2017			2016
	(Successor)			(Predecessor)		(Successor)			(Predecessor)
Cash payments for interest	$	7,611		$	5,899	$	16,919		$	38,459
Commitment and other fees paid	—			1,008		187			2,280
Amortization of debt issuance costs and discounts	1,850			1,528		5,731			5,876
Change in accrued interest	57			15,493		4,934			20,503
Capitalized interest	(660		)	—		(660		)	—
Other	34			25		70			70
	$	8,892		$	23,953	$	27,181		$	67,188