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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2017
Fair Value Disclosures [Abstract]  
Schedule of Valuation Assumptions used in Determining Fair Value
The main inputs and assumptions into the fair value model for the Second Lien Notes at December 31, 2017 (Successor) were as follows:
Risk-free interest rate
2.16
%
Credit spreads
13.93
%
PIK premium spread
2.00
%
Volatility
50.00
%
Schedule of Reconciliation of Change in Fair Value of Conversion Feature
The following reconciliation represents the change in fair value of the conversion option of the Second Lien Notes between December 31, 2016 (Predecessor) and December 31, 2017 (Successor) prior to its reclassification to additional paid-in capital:
 
Derivative liability for embedded conversion option
(Successor)
Fair value at issuance date
$
61,608

Interest paid in kind
1,504

Mark-to-market adjustment on conversion feature(a)
(2,352
)
Fair value as of December 31, 2017 (Successor)
$
60,760

(a) Mark-to-market adjustment is recognized in unrealized gain on embedded debt conversion option in the Consolidated Statements of Operations and Comprehensive (Loss) Earnings in the period September 1, 2017 through December 31, 2017 (Successor).