XML 134 R15.htm IDEA: XBRL DOCUMENT v2.4.1.9
Other Assets
12 Months Ended
Dec. 31, 2014
Other Assets [Abstract]  
Other Assets

Note 9 – Other Assets

 

Other long-term assets consisted of the following at December 31:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2014

 

2013

Deferred financing costs

$

 —

 

$

27,105 

Deposits related to SM Energy litigation

 

 —

 

 

6,000 

Other

 

72 

 

 

117 

 

$

72 

 

$

33,222 

 

As of the Petition Date, all unamortized deferred financing costs associated with debt classified as Liabilities Subject to Compromise were written off to Reorganization Items to reflect the expected amount of the probable allowed claim.

 

As discussed in Note 24 – Commitments and Contingencies,  on April 16, 2014 we reached an agreement with SM Energy to settle and dismiss the litigation concerning the terminated acquisition of properties from SM Energy.  In accordance with the settlement agreement, we forfeited our $6.0 million deposit.