EARNINGS PER SHARE/UNIT (Tables)

6 Months Ended

Jun. 30, 2019

EARNINGS PER SHARE/UNIT [Abstract]

Calculation of Earnings Per Share/Unit

The following sets forth the calculation of earnings per share/unit, for the periods indicated:

	Successor						Predecessor
	Three Months		Six Months		One Month		Two Months		Five Months
	Ended		Ended		Ended		Ended		Ended
	June 30, 2019		June 30, 2019		June 30, 2018		May 31, 2018		May 31, 2018
Net loss attributable to Successor/
Predecessor	$	(60,907)	$	(96,682)	$	(538)	$	(595,076)	$	(610,525)
Predecessor’s general partner’s 2%
interest in net loss		—		—		—		11,902		12,211
Net loss available to common
stockholders/limited partners	$	(60,907)	$	(96,682)	$	(538)	$	(583,174)	$	(598,314)
Weighted average common shares/units
outstanding:
Basic		10,064		10,053		10,000		49,369		49,369
Dilutive effect of potential common shares/units		—		—		—		—		—
Diluted		10,064		10,053		10,000		49,369		49,369
Net earnings per share/unit:
Basic	$	(6.05)	$	(9.62)	$	(0.05)	$	(11.81)	$	(12.12)
Diluted	$	(6.05)	$	(9.62)	$	(0.05)	$	(11.81)	$	(12.12)
Antidilutive restricted stock units (1)		241,976		241,976		—		—		—
Antidilutive warrants (2)		800,000		800,000		800,000		—		—

⁽¹⁾ Amount represents unvested restricted stock units that are excluded from the diluted net earnings per share calculations because of their antidilutive effect.

⁽²⁾ Amount represents warrants to purchase 800,000 shares of the Company’s common stock at a per share exercise price of $37.48 that are excluded from the diluted net earnings per share calculations because of their antidilutive effect.