Debt (Tables)

9 Months Ended

Sep. 30, 2015

Debt Disclosure [Abstract]

Schedule of debt instruments

Debt consisted of the following (dollars in thousands):

	September 30, 2015			December 31, 2014			Weighted Average Stated Interest Rate at September 30, 2015	Final Maturity
2011 term loan B	$	978,178		$	978,178		7.25%	2018
9.50% senior secured notes	970,000			970,000			9.50%	2019
11.00% / 12.00% senior secured PIK toggle notes	360,500			350,000			11.00% / 12.00%	2020
9.875% senior notes	388,000			388,000			9.88%	2020
8.50% senior notes (1)	383,275			450,000			8.50%	2021
Other (2)	8,916			18,085			Various	Various
Debt discount, net	(14,959		)	(18,293		)
Debt issuance costs	(46,086		)	(54,765		)
Total debt	3,027,824			3,081,205
Less: liabilities subject to compromise	(3,027,668		)	—
Less: current debt (2)	(156		)	(12,327		)
Total long-term debt	$	—		$	3,068,878

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(1) On March 6, 2015, the Company issued an aggregate of 8.65 million shares of its common stock in exchange for $66.7 million of its 8.50% Senior Notes due 2021 and recognized a net gain on extinguishment of debt of $58.6 million.

(2) Includes capital lease obligations and an equipment financing agreement.