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Note 11 - Reorganization Items, Net
12 Months Ended
Dec. 31, 2014
Reorganizations [Abstract]  
Reorganization under Chapter 11 of US Bankruptcy Code Disclosure [Text Block]

Note 11. Reorganization Items, Net


Reorganization items, net represent amounts incurred and recovered subsequent to the bankruptcy filing as a direct result of the filing of the Prepackaged Case and are comprised of the following:


   

Successor

   

Predecessor

 
   

October 16,

To

December 31, 2014

   

January 1,

To

October 15, 2014

 

Professional Fees Incurred

  $ 45,542     $ 25,311,230  

Reorganization items and fresh-start reporting adjustments, net

    -       402,423,980  

Total Reorganization Items

  $ 45,542     $ 427,735,210  

Professional fees included in the above summary subsequent to the Effective Date pertain to the post-emergence activities related to the implementation of the Plan and other transition costs attributable to the reorganization. As of December 31, 2014 the total professional fees incurred were $25,356,772 of which $15,500,206 was paid.