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Debt (Tables)
 6 Months Ended
Jun. 30, 2016
Debt Disclosure [Abstract]  
Long-term debt
Our debt balances as of June 30, 2016 and December 31, 2015, were as follows (in thousands):
 
Successor
As of June 30, 2016
 
 
Predecessor
As of December 31, 2015
7.125% senior notes due 2017 (1)
$
—

 
 
$
—

8.875% senior notes due 2020 (1)
—

 
 
—

7.875% senior notes due 2022 (1)
—

 
 
—

Bank Borrowings
254,000

 
 
324,900

Total Debt
$
254,000

 
 
$
324,900

Less: Current portion of long-term debt (2)
$
—

 
 
$
(324,900
)
Long-Term Debt
$
254,000

 
 
$
—

(1) Classified as Liabilities subject to compromise as of December 31, 2015.
(2) As a result of our Chapter 11 filing, we classified our Prior First Lien Credit Agreement borrowings and DIP Credit Agreement borrowings as current as of December 31, 2015.