Debt (Tables)

12 Months Ended

Dec. 31, 2017

As of the dates indicated, long-term debt and capital leases consisted of the following:

	Successor			Predecessor
	December 31,			December 31,
	2017			2016 (2)
New Credit Facility	$	127,100		$	—
Prior Credit Facility		—			444,440
Real estate mortgage notes, principal and interest payable monthly, bearing interest at 5.50%, due December 2028; collateralized by real property		9,177			9,595
Installment notes payable		—			434
Capital lease obligations		14,361			16,946
Unamortized issuance costs (1)		(5,979	)		(2,303	)
Total debt, net		144,659			469,112
Less current portion		3,273			469,112
Total long-term debt, net	$	141,386		$	—

(1)

Debt issuance costs are presented as a direct deduction from debt rather than an asset pursuant to recent accounting guidance. The balance on December 31, 2017, was related to the New Credit Facility while the balance as of 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” at December 31, 2016. Additionally, as a result of certain debt defaults which occurred in early 2016 and remained uncured during the pendency of the Chapter 11 Cases, all outstanding long-term debt was classified as current at December 31, 2016.

Maturities of Debt and Capital Leases Excluding Unamortized Debt Issuance Costs

Maturities of long-term debt and capital leases, excluding unamortized debt issuance costs, are as follows as of December 31, 2017:

2018	$	3,273
2019		12,300
2020		658
2021		697
2022		127,836
2023 and thereafter		5,874
	$	150,638

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