ADOPTION OF ASU NO. 2016-02, LEASES (Tables)

12 Months Ended

Dec. 31, 2019

Leases [Abstract]

Schedule of Practical Expedients

Upon adoption, we selected the following practical expedients:

Practical expedient package	We did not reassess whether any expired or existing contracts are, or contain, leases.
	We did not reassess the lease classification of any expired or existing leases.
	We did not reassess initial direct costs of any expired or existing leases.
Hindsight practical expedient	We did not elect to use the hindsight practical expedient which allows for the use of hindsight when determining lease term, including option periods, and impairment of operating assets.
Easement expedient	We elected to maintain the current accounting treatment of existing contracts and not reassess whether those contracts met the definition of a lease.
Combining lease and non-lease components expedient	We elected to account for lease and non-lease components as a single component.
Short-term lease expedient	We elected the short-term lease recognition exemption for all classes of underlying assets. Expense for short-term leases is recognized on a straight-line basis over the lease term. Leases with an initial term of 12 months or less and that do not include an option to purchase the underlying asset that is reasonably certain to be recognized are not recorded on the balance sheet.

Lease Cost

Lease Costs

(in thousands)	Year Ended December 31, 2019
Operating lease cost	$	3,122
Variable lease cost	1,250
Short-term lease cost	4,410
Total lease cost	$	8,782
Reported in:
Lease operating expense	$	4,241
General and administrative expense	4,541
Total lease cost	$	8,782

Maturities of Operating Lease Liabilities

Remaining Operating Lease Liability Payments as of December 31, 2019

Fiscal year	(in thousands)
2020	$	2,256
2021	2,209
2022	2,329
2023	2,321
2024	2,367
Thereafter	8,219
Total lease payments	19,701
Less: imputed interest	(8,336		)
Less: reclassification to liabilities subject to compromise	(11,088		)
Present value of operating lease liabilities	$	277
Current portion of operating lease liabilities	$	88
Operating lease liabilities, net of current portion	189
Present value of operating lease liabilities	$	277