Long-Term Debt, Net (Tables)

12 Months Ended

Dec. 31, 2018

LONG-TERM DEBT, NET [Abstract]

Long Term Debt

The following table presents the consolidated debt obligations at the dates indicated:

	Successor		Predecessor
	December 31, 2018		December 31, 2017
Successor Exit Credit Facility (1)	$	115,000	$	—
Predecessor Credit facility		—		263,000
Predecessor 8.0% senior notes due April 2019:
Principal outstanding		—		343,348
Unamortized discount and debt issuance costs (2)		—		(1,701)
Unaccreted premium (3)		—		902
		—		342,549
Total debt		115,000		605,549
Less: Current portion of long-term debt (4)		—		(605,549)
Long-term debt, net	$	115,000	$	—

(1)On January 29, 2019 and February 8, 2019, the Company repaid $35.0 million and $25.0 million, respectively, of the outstanding amount under the Exit Credit Facility.

(2)Imputed interest rate of 8.49% for December 31, 2017.

(3)Imputed interest rate of 7.43% for December 31, 2017.

(4)Due to the anticipated financial covenant violations as of December 31, 2017, the borrowings under the Predecessor’s credit facility and Senior Notes were classified as current at December 31, 2017. There were no financial covenant violations as of December 31, 2018.