EARNINGS PER SHARE UNIT AND STOCKHOLDERS' EQUITY (Tables)

12 Months Ended

Dec. 31, 2019

EARNINGS PER SHARE/UNIT AND STOCKHOLDERS' EQUITY [Abstract]

Calculation of Earnings Per Share/Unit

The following sets forth the calculation of earnings per share/unit for the periods indicated (in thousands, except share/unit information):

	Successor				Predecessor
			Seven Months
	Year Ended		Ended		Five Months		Year Ended
	December 31,		December 31,		Ended		December 31,
	2019		2018		May 31, 2018		2017
Net income (loss) attributable to Successor/Predecessor	$	(138,315)	$	23,969	$	(610,525)	$	(134,201)
Predecessor’s general partner’s 2% interest in net loss		—		—		12,211		2,684
Net income (loss) available to common stockholders/limited partners	$	(138,315)	$	23,969	$	(598,314)	$	(131,517)
Weighted average common shares/units outstanding:
Basic		10,104,914		10,030		49,369		49,357
Dilutive effect of potential common shares/units		—		2		—		—
Diluted		10,104,914		10,032		49,369		49,357
Net earnings per share/unit:
Basic	$	(13.69)	$	2.39	$	(12.12)	$	(2.66)
Diluted	$	(13.69)	$	2.39	$	(12.12)	$	(2.66)
Antidilutive restricted stock units (1)		137,542		—		—		—
Antidilutive warrants (2)		800,000		800,000		—		—

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

⁽²⁾ Amount represents warrants to purchase common stock that are excluded from the diluted net earnings per share calculations because of their antidilutive effect.