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Nature of operations and summary of significant accounting policies (Tables)
12 Months Ended
Dec. 31, 2018
Accounting Policies [Abstract]  
Components of accounts receivable
Accounts receivable consisted of the following:
 
 
December 31,
2018
 
December 31,
2017
Joint interests
 
$
31,573

 
$
29,032

Accrued commodity sales
 
30,287

 
26,516

Derivative settlements
 
2,092

 
157

Other
 
3,375

 
5,326

Allowance for doubtful accounts
 
(1,240
)
 
(668
)
 
 
$
66,087

 
$
60,363

Components of inventory
Inventories consisted of the following:
 
 
December 31,
2018
 
December 31,
2017
Equipment inventory
 
$
3,663

 
$
4,163

Commodities
 
574

 
1,154

Inventory valuation allowance
 
(178
)
 
(179
)
 
 
$
4,059

 
$
5,138

Adjustments to inventory
 
 
Successor
 
 
Predecessor
 
 
Period from
 
Period from
 
 
Period from
 
Period from
 
 
January 1, 2018
 
March 22, 2017
 
 
January 1, 2017
 
January 1, 2016
 
 
through
 
through
 
 
through
 
through
 
 
December 31, 2018
 
December 31, 2017
 
 
March 21, 2017
 
December 31, 2016
Inventory - valuation adjustment
 
$

 
$
179

 
 
$

 
$
1,393

Adjustments to oil and natural gas properties
We recorded adjustments to the oil and natural gas properties, for the periods disclosed below. The loss is reflected in “Loss on impairment of oil and gas assets” in our consolidated statements of operations.
 
 
Successor
 
 
Predecessor
 
 
Period from
 
Period from
 
 
Period from
 
Period from
 
 
January 1, 2018
 
March 22, 2017
 
 
January 1, 2017
 
January 1, 2016
 
 
through
 
through
 
 
through
 
through
 
 
December 31, 2018
 
December 31, 2017
 
 
March 21, 2017
 
December 31, 2016
Ceiling test impairment
 
$
20,065

 
$
42,146

 
 
$

 
$
281,079

Components of other expense
Other expense consisted of the following:
 
 
Successor
 
 
Period from
 
Period from
 
 
January 1, 2018
 
March 22, 2017
 
 
through
 
through
 
 
December 31, 2018
 
December 31, 2017
Restructuring
 
$
425

 
$
3,531

Subleases
 
1,611

 
197

Total other expense
 
$
2,036

 
$
3,728

Components of cost reduction initiatives expense
The expense consists of costs for one-time severance and termination benefits in connection with our reductions in force and third party legal and professional services we have engaged to assist in our cost savings initiatives as follows:
 
 
Successor
 
 
Predecessor
 
 
Period from
 
Period from
 
 
Period from
 
Period from
 
 
January 1, 2018
 
March 22, 2017
 
 
January 1, 2017
 
January 1, 2016
 
 
through
 
through
 
 
through
 
through
 
 
December 31, 2018
 
December 31, 2017
 
 
March 21, 2017
 
December 31, 2016
One-time severance and termination benefits
 
$
1,034

 
$
678

 
 
$
608

 
$
2,772

Professional fees
 

 
13

 
 
21

 
107

Total cost reduction initiatives expense
 
$
1,034

 
$
691

 
 
$
629

 
$
2,879