Interest Expense (Tables)

6 Months Ended

Jun. 30, 2017

The following table summarizes the components of interest expense for the periods presented:



	Successor			Predecessor			Successor			Predecessor
	Three Months			Three Months			Six Months			Six Months
	Ended			Ended			Ended			Ended
	June 30, 2017			June 30, 2016			June 30, 2017			June 30, 2016
Interest on borrowings and related fees ¹	$	515		$	11,344		$	905		$	34,649
Amortization of debt issuance costs ²	800			20,920			988			22,189
Capitalized interest	(41		)	(43		)	(81		)	(183		)
	$	1,274		$	32,221		$	1,812		$	56,655

___________________

Absent the bankruptcy proceedings and the corresponding suspension of the accrual of interest on unsecured debt, we would have recorded total contractual interest expense of $23.5 million and $46.9 million for the three and six months ended June 30, 2016, including $5.4 million and $10.9 million attributable to the 7.25% Senior Notes due 2019 (“2019 Senior Notes”) and $16.5 million and $32.9 million attributable to the 8.5% Senior Notes due 2020 (together with the 2019 Senior Notes, the “Senior Notes”).


²	Includes a $0.6 million write-off in June 2017 attributable to a change in the composition of financial institutions comprising the Credit Facility’s bank group (see Note 7). Includes $20.5 million related to the accelerated write-off of unamortized debt issuance costs associated with the RBL and Senior Notes for the six months ended June 30, 2016.