Debt Obligations (Tables)

3 Months Ended

Mar. 31, 2015



		March 31,		December 31,
		2015		2014
Liabilities Subject to Compromise: (1)
Senior Notes, 12% Fixed Rate, Due 2018	$	554,000	$	554,000
Convertible Senior Notes, 5.5% Fixed Rate, Due 2016		135,000		135,000
Convertible Bonds, 11.5% Until March 31, 2014 and 7.5% Thereafter, due 2016		83,746		83,746
Convertible Senior Notes, 6.5% Fixed Rate, Due 2017		17,500		17,500
Total Liabilities Subject to Compromise		790,246		790,246

Liabilities Not Subject to Compromise:
Amended Term Loan Facility, Variable Rate, Due 2017		440,000		440,000

Total Debt Obligations		1,230,246		1,230,246

Less: Debt Discount		(6,859)		(7,819)
Less: Liabilities Subject to Compromise		(790,246)		(790,246)
Less: Current Maturities		(433,141)		(432,181)
Long-Term Debt	$	-	$	-

⁽¹⁾

For discussion of the potential impact of our filing under Chapter 11 of the Bankruptcy Code on our debt obligations, see Note 3 – Voluntary Reorganization under Chapter 11. As a result of our filing under Chapter 11 of the Bankruptcy Code, we are in default of the debt covenants related to the Senior Notes, 5.5% Convertible Senior Notes, 7.5% Convertible Bonds and 6.5% Convertible Senior Notes. All outstanding balances related to these obligations have been reclassified as Liabilities Subject to Compromise in our Condensed Consolidated Balance Sheets.