CHAPTER 11 FILING AND OTHER RELATED MATTERS (Tables)

12 Months Ended

Dec. 31, 2022

Schedule of Reorganization Items under Chapter 11 of US Bankruptcy Code

Reorganization items, net incurred as a result of the Chapter 11 Cases presented separately in the accompanying consolidated statements of operations were as follows (in thousands):


	Year Ended December 31, 2022
Write-off of debt issuance costs and original issue net discount on liabilities subject to compromise	$	3,529
(Gain) from adjustment of liabilities subject to compromise fair value to expected allowed amount	(203,236)
Professional fees and other bankruptcy related costs	2,302
Reorganization items, net	$	(197,405)

Schedule of Liabilities Subject to Compromise

Liabilities subject to compromise consisted of the following (in thousands):


	December 31, 2022
Accounts payable	$	20,908
Other current liabilities	64,493
Accounts payable, and other current liabilities	$	85,401

Operating lease liability	13,868
Financing lease liability	70,796
Debt subject to compromise	844,695
Accrued interest on liabilities subject to compromise	12,553
Leases, debt and accrued interest	$	941,912
Liabilities subject to compromise	$	1,027,313