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Long-Term Debt (Tables)
 9 Months Ended
Sep. 30, 2020
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt Outstanding
The following long-term debt obligations were outstanding as of the dates indicated:
In thousandsSeptember 30, 2020December 31, 2019
Senior Secured Credit Facility$285,000 $247,000 
11.25% Senior Notes due 2023
250,000 250,000 
Mortgage debt (1)
8,781 8,931 
PPP loan2,157 — 
Other260 271 
Total principal546,198 506,202 
Unamortized discount (2)
— (3,375)
Unamortized debt issuance costs (2)
— (759)
Total debt, prior to reclassification to liabilities subject to compromise546,198 502,068 
Less amounts reclassified to liabilities subject to compromise (3)
(252,417)— 
Total debt not subject to compromise (4)
293,781 502,068 
Less current obligations (5)
(285,000)(247,000)
Total long-term debt (6)
$8,781 $255,068 

(1)    Mortgage debt is not held by the Debtor entities and is not included the debt subject to the Chapter 11 Cases.


(2)    As a result of the Chapter 11 Cases and the adoption of ASC 852, the Company wrote off the unamortized discount and issuance cost balances related to the 11.25% Senior Notes to reorganization items, net in the condensed consolidated statements of operations for the three and nine months ended September 30, 2020. See Note 1. Basis of Presentation for more information.

(3)    As of September 30, 2020 and prior to the First-Day Motions approved by the Bankruptcy Court on October 1, 2020, all long-term debt, except for the mortgage debt noted above, was subject to compromise.

(4)    Debt not subject to compromise includes all borrowings outstanding under the Credit Facility, which are secured by the Company's oil and natural gas properties. See Note 1. Basis of Presentation for more information.

(5)    Due to uncertainties regarding the Chapter 11 Cases, the Company has classified the borrowings outstanding under the Credit Facility loan as current as of September 30, 2020. See Note 1. Basis of Presentation for more information.

(6)    Total long-term debt includes the Boland Building mortgage debt, as noted above.