Basis of Presentation and Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2015

Details of Impairment of Long-Lived Assets Held and Used by Asset

Based on the analysis described above, the Company recorded the following noncash impairment charges (before and after tax) associated with proved oil and natural gas properties:



	Year Ended December 31,
	2015		2014
	(in thousands)

California operating area	$	537,511	$	22
Uinta Basin operating area	111,339		253,340
East Texas operating area	78,437		—
Piceance Basin operating area	55,344		—
	$	782,631	$	253,362

Other Current Assets

The components of other current assets are as follows:



	December 31,
	2015		2014
	(in thousands)

Prepaid expenses	$	1,903	$	1,210
California carbon allowance inventories	7,073		38,409
Oil inventories	3,446		4,034
Materials inventories	—		1,747
Deferred financing fees	8,108		—
Receivables from exchanges of properties and divestitures, and other	367		13,859
Other current assets	$	20,897	$	59,259

Other Accrued Liabilities

The components of other accrued liabilities are as follows:



	December 31,
	2015		2014
	(in thousands)

Accrued interest	$	14,096	$	15,803
Asset retirement obligations	2,548		3,101
Other	92		183
Other accrued liabilities	$	16,736	$	19,087

Supplemental Cash Flow Disclosures

Supplemental disclosures to the statements of cash flows are presented below:



	Successor						Predecessor
	Year Ended December 31, 2015		Year Ended December 31, 2014		December 17, 2013 through December 31, 2013		January 1, 2013 through December 16, 2013
(in thousands)
Cash payments for interest, net of amounts capitalized	$	86,226	$	95,915	$	—	$	87,495
Cash payments for income taxes	$	—	$	—	$	—	$	622

Noncash investing activities:
Accrued capital expenditures	$	10,551	$	59,884	$	77,001	$	70,866