Debt (Tables)

9 Months Ended

Sep. 30, 2017

As of the dates indicated, debt consisted of the following:

	Successor			Predecessor
	September 30,			December 31,
	2017			2016 (2)
New Revolver	$	153,000		$	—
New Term Loan, net of discount of $651 and $0, respectively		148,541			—
Prior Credit Facility		—			444,440
Real estate mortgage note		9,328			9,595
Installment notes payable		10			434
Capital lease obligations		15,016			16,946
Unamortized debt issuance costs (1)		(1,441	)		(2,303	)
Total debt, net		324,454			469,112
Less current portion		4,758			469,112
Total long-term debt, net	$	319,696		$	—

(1)

Debt issuance costs are presented as a direct deduction from debt rather than an asset pursuant to recent accounting guidance. The balance on September 30, 2017, was related to the New Revolver while the balance on December 31, 2016, was related to the Prior Credit Facility.

(2)

Senior Notes have not been included in this table as they were classified as “Liabilities subject to compromise.”

Schedule of mandatory principal payment according to schedule of remaining outstanding balance due upon maturity

We are required to make scheduled, mandatory principal payments in respect of the New Term Loan according to the schedule below, with the remaining outstanding balance due upon maturity:

Total payments remaining for 2017	$	375
Total payments for 2018		1,500
Total payments for 2019		3,750
Total payments for 2020		6,750
Total mandatory payments	$	12,375

Premiums, discounts and debt issuance costs

As a result, we wrote off the remaining balance of unamortized issuance costs, premium and discount on March 31, 2016, as follows:

Non-cash expense for write-off of debt issuance costs on Senior Notes	$	17,756
Non-cash expense for write-off of debt discount costs on Senior Notes		4,014
Non-cash gain for write-off of debt premium on Senior Notes		(4,800	)
Total	$	16,970